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...Plaid’s investors include Silver Lake Partners and Ribbit Capital, as well as the asset management arms of JPMorgan Chase, Goldman Sachs and American Express....
...Then, GLP-1 anti-obesity drugs hit the market, long-time spokesperson and board member Oprah Winfrey announced her departure, and the company’s credit rating was downgraded....
...In 2023, it responded by spending $106mn to acquire Sequence, a telehealth company that gave it the capacity to prescribe GLP-1 drugs, which it rebranded as WeightWatchers Clinic....
...UnitedHealth Group’s OptumRx and Cigna’s Express Scripts, the two other large PBMs, have continued to give Humira preferred placement on their formulary lists as AbbVie has offered them bigger rebates....
...Drugs of the GLP-1 group suppress appetite with remarkable effectiveness. Weight loss success stories have resonated in Wall Street and the C-suite....
...Chief among them: the airline’s long-standing credit card deal with American Express....
...Merchants are currently able to charge an extra fee for consumers who use American Express cards, but Visa and Mastercard have blocked sellers from doing so for their users....
...Separately, the European Medicines Agency said on Friday that it could not draw any causal link between the current generation of obesity drugs, known as GLP-1 agonists, and suicidal thoughts and self-harm...
Also in this newsletter: Germany searches for far-left militants wanted since the 1990s
...“It will be a European-market Seagull, a new Seagull,” BYD senior executive Stella Li told reporters, including the UK’s Auto Express, in Shenzhen....
...But when Santa returned from his pandemic break, the Express Lane was no more....
...American Express Global Business Travel has agreed to buy rival CWT for $570mn in a bet on the continued recovery of business travel....
...ICEV has written to Reddit’s leadership to express our disapproval of the decision and convey the importance of one share, one vote arrangements....
...Parents of teenagers don’t express the same support for smartphone bans as those with younger children. In the Parentkind poll, only 36 per cent of those with secondary age children were in favour....
...They came from the Richemont-owned brand’s collection of limited edition writing instruments inspired by the Orient Express train....
...Asda, the UK supermarket chain owned by TDR Capital and the billionaire Issa brothers, is converting to its Asda Express brand 470 local stores that it acquired in 2022....
...In European countries experiencing recessions, demand for express services fell....
...Addressing a previously scheduled HBO press event in New York, Bloys apologised for the gaffe, adding that he has since begun directly messaging journalists to express his feedback....
...Joining the glasses clan in my late 40s seemed like the chance to finally express something quintessentially me, my four-eyed inner soul. And so the hunt for the right glasses began....
...CVS Health, the largest pharmacy chain in the US, in 2018 acquired Aetna for $69bn and Cigna combined with Express Scripts in a $67bn deal, including debt....
...In this year’s shareholder letter, Buffett discussed Berkshire’s ongoing winnings from American Express and Coca-Cola, both big blue-chip bets made in the 1990s....
...A TikTok spokesperson said: “We are pleased the judge rejected this unconstitutional law and hundreds of thousands of Montanans can continue to express themselves, earn a living, and find community on TikTok...
...Liam Smith, head of US corporate strategy at trading firm Optiver, said “having more granular ability to express an opinion [through new expiries] makes sense.”...
...“In the early days, people underestimated ‘Bayo’,” said Kenneth Chenault, former CEO of American Express, and a close friend of Ogunlesi since both were at Harvard Law School....
...Baras said the GLP-1 drugs from Novo Nordisk and Eli Lilly had been a “fantastic development for the field”....
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