Good morning, and happy Wednesday! Because so many of you said that you watched The Price is Right, we thought you would like to know that CBS is inviting viewers to come on down to remember Bob Barker in a primetime special on Thursday. Barker, who died Saturday at 99, served as host of the show for 35 years. The Price is Right: A Tribute to Bob Barker will air Thursday at 8 p.m. EDT/PDT. Take a look and let us know what you think of the tribute! In Today’s Brief
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Top TipsFirst Medicare drugs to be negotiatedThe Centers for Medicare and Medicaid Services (CMS) announced 10 prescription drugs that will be subject to the first-ever Medicare price negotiations under the Inflation Reduction Act. The drugs include the blood thinner Eliquis, diabetes treatment Jardiance, and eight other medications. The negotiation process was authorized under the Inflation Reduction Act, which President Biden signed last year. CMS plans to meet this fall with drugmakers that have a drug on its list, as well as host patient-focused listening sessions. By February 2024, the government will make its first offer on a maximum fair price and then give drugmakers time to respond. PhRMA and several drugmakers have filed lawsuits over the administration’s plan. The Medicare program paid more than $50B for the 10 drugs between June 1, 2022, and May 31, 2023, according to CMS. The medicines up for negotiation were chosen from a list of the 50 products with the highest spending in Medicare's prescription drug program. |
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Meta unveils disinformation campaignMeta released a report yesterday saying that it disrupted a disinformation campaign linked to Chinese law enforcement. According to the report, the company took down more than 7.7K accounts and 930 pages on Facebook, calling it the in “largest known cross-platform covert influence operation in the world.” The operation targeted more than 50 platforms, including Facebook, Instagram, X, YouTube, TikTok, and Reddit. The influence network generated positive posts about China, with a particular focus on positive commentary about China’s Xinjiang province. The network also attempted to spread negative commentary about the U.S. and disinformation in multiple languages about the Covid-19 pandemic. Meta began looking for signs of a Chinese influence operation on its platforms after reports in 2022 highlighted how a disinformation campaign linked to the Chinese government targeted a human rights nongovernmental organization. Researchers were able to link this latest disinformation network to a prior influence campaign in 2019, code-named Spamouflage. |
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Burger King’s Whopper lawsuitA U.S. district judge rejected Burger King’s bid to dismiss a class action lawsuit brought by customers alleging their menu boards show a bigger Whopper than what is served. The lawsuit claims that Burger King portrays its signature sandwich as having ingredients that “overflow over the bun," making it appear 35% larger overall and with more than double the meat of an actual Whopper. The lawsuit also alleges the company began to overstate the size of its burgers in ads in September 2017. The burger chain argued that it wasn’t required to deliver burgers that look “exactly like the picture.” The judge ruled, however, that the company must defend against the claim and let a jury to decide. This is the latest in a string of false advertising lawsuits that consumers have filed against fast-food restaurant chains. Consumers filed at least 200 class action lawsuits between 2020 and 2022 over false advertising in food products, per QSR magazine. |
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Glitz & GamesIn partnership with Remi
From our partners: Stop grinding your teeth at night — Getting a custom professional night guard from your dentist used to mean a huge hit to your wallet, but Remi has reinvented the night guard to be far more comfortable, convenient, and affordable. Save your teeth from stress. Use code TIP25 for 25% off your own custom night guard. Business & Markets
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Tip-OffsListing the top 10 states for high-paying entry-level jobs. …and 2023’s best and worst states for teenage drivers. Ranking the world’s highest-earning content creators. Stunning photos of 40 of America’s most beautiful places. Examining why unhappy workers have a hard time quitting. In a first, doctors remove a live worm from a woman’s brain. Tourists list the vacation spots with the best architecture. …and economists map each country’s price of happiness. |
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Looking Back…On August 30th: Guion S. Bluford Jr. becomes the first African American to travel into space (1983); Ty Cobb makes his major league debut with the Detroit Tigers (1905); the Late Show with David Letterman debuts on CBS (1993); novelist Mary Shelley is born (1797). |
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Just refer one friend to unlock your recurring monthly entry! Ends 8/31/23, 11:59 pm ET. Must be 18 years or older and a United States resident. Visit our website for official rules. |
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