Friday, September 20

What you missed today

Author

Max
September 20, 2024

Good evening!

Do you think it’s a good or bad idea to reopen the site of the worst nuclear disaster the U.S. has ever had? Hmm….

Here are the 7 things you missed today:

1.   ⚫️ J&J Subsidiary Filed For Bankruptcy

A Johnson & Johnson subsidiary, J&J’s Red River Talc, filed for bankruptcy for a third time today in the midst of an approximately $8 billion proposed settlement that would end tens of thousands of lawsuits alleging the company’s baby powder caused cancer.

2.  ⏰ Do You Have Time To Build Your Personal Brand?

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3. 🔋 Three Mile Island Is Reopening For Microsoft

Three Mile Island, the site of the worst nuclear disaster in the United States, is reopening and exclusively selling its power to Microsoft. The site’s Unit 1 reactor was closed five years ago, but Constellation Energy expects it to be revived in 2028.

4.  😭 Struggling to Crack the Marketing Code?

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5. 🇺🇦 Europe Plans To Loan Ukraine Up To $39 Billion

As part of a G7 Nations pledge, the European Union will lend Ukraine up to €35 billion ($39 billion) – their share of a $50 billion loan to the country. The funds are expected to be delivered by the end of the year and will be used to strengthen national resources.

6.  💉 FTC Is Suing Drug Middlemen

The FTC filed a lawsuit today against UnitedHealth Group’s Optum Rx, CVS Health’s Caremark, and Cigna’s Express Scripts arguing that the insulin price middlemen use practices that boost their profits while “artificially” inflating costs for patients.

7.  🛰️ Starlink Is Imposing a $100 “Congestion Fee”

New Starlink customers in areas where the satellite broadband network has limited capacity will have to pay a $100 “congestion charge.” The good news is, it’s just a one-time charge… unless you change your service address or service plan.

Bonus. CEO Tip Of The Day

Here’s your required reading for the weekend: this list of unfortunate startup pivots and what we can learn from them.

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