Month: October 2024

ETFs are poised to revolutionize 401(k) plans.
21
Oct
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By Jean Thompson
Investments and Business

ETFs are poised to revolutionize 401(k) plans.

More news - Latest news Exchange-traded funds (ETFs) have long been celebrated for their flexibility and cost-efficiency, but they remain largely underutilized within 401(k) retirement plans. This gap represents what many financial experts are calling the next significant growth area for ETFs. Despite their popularity among individual investors and institutional portfolios, ETFs have struggled to penetrate the 401(k) market, which has traditionally been dominated by mutual funds. There are many reasons behind the slow adoption of ETFs in 401(k) plans. First, the structure of 401(k) plans, which often favor mutual funds due to their ease of administration and predictable revenue…
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The miniature worm that revolutionized scientific research
21
Oct
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By Jean Thompson
Health

The miniature worm that revolutionized scientific research

More news - News 24 hours Caenorhabditis elegans, a tiny nematode just one millimeter long and composed of just 959 cells, has become an indispensable model organism in biological research. Its simple anatomy and genetics have positioned it as a favorite subject in numerous groundbreaking studies, contributing to numerous Nobel Prizes in physiology and medicine. In a recent Nobel Prize acceptance speech, molecular biologist Gary Ruvkun extolled the virtues of C. elegans, affectionately and forcefully calling it “badass,” a term not commonly associated with such a tiny creature. Ruvkun's praise highlights the worm's critical role in scientific advances and its…
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Key titles to watch after hours: Netflix, Intuitive Surgical, WD-40 among others
20
Oct
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By Jean Thompson
Investments and Business

Key titles to watch after hours: Netflix, Intuitive Surgical, WD-40 among others

Related media - News 24 hours The stock market never sleeps, and after-hours trading sessions often offer unique opportunities and insights into investor sentiment. Notably, several companies have stood out in recent after-hours trading, indicating potential changes that could impact investors and the market at large. Netflix, the streaming services giant, saw its shares rise more than 4% following the release of third-quarter earnings, which exceeded analysts' expectations. This increase reflects a positive response from investors who are optimistic about the company's growth trajectory, especially as it continues to expand its content library and explore new revenue models such as…
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Amazon ventures into live news broadcasting with Brian Williams
19
Oct
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By Jean Thompson
Science and Technology

Amazon ventures into live news broadcasting with Brian Williams

Related media - Breaking news In an exciting development in the media landscape, Amazon has announced its entry into the realm of live news coverage. This initiative will be led by none other than Brian Williams, a seasoned journalist renowned for his vast experience in the broadcasting industry. Amazon's foray into this segment will begin with comprehensive live coverage of the upcoming Election Day, marking a significant milestone for the tech giant's streaming service, Amazon Video. Scheduled for November 5, the program titled “Election Night Live With Brian Williams” will begin broadcasting at 5pm Eastern Time from a state-of-the-art studio…
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Netflix’s third-quarter earnings: a preview of what to expect
19
Oct
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By Jean Thompson
Investments and Business

Netflix’s third-quarter earnings: a preview of what to expect

Related media - News 24 hours Netflix is ​​expected to release its third-quarter earnings report after the market closes Thursday, and investors are watching closely for signs of continued growth and profitability. Wall Street's attention will be on key metrics like subscriber growth, revenue and earnings per share, as well as the company's outlook for the rest of the year. Several factors, including ongoing writers' and actors' strikes, ad-supported tier performance and competition in the streaming landscape, will impact Netflix's results. Subscriber growth remains a key indicator of Netflix's success. Although the company has gone through periods of slower growth…
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Department of Veterans Affairs investigating Acadia Healthcare for possible insurance fraud
19
Oct
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By Jean Thompson
Health

Department of Veterans Affairs investigating Acadia Healthcare for possible insurance fraud

More news - News 24 hours The Department of Veterans Affairs is currently investigating Acadia Healthcare, a major network of psychiatric facilities, for potentially defrauding government health insurance programs by unnecessarily extending patients' stays, sources familiar with the matter reveal. This investigation by the department's inspector general was triggered following Acadia's disclosure to its investors of existing investigations into its patient admissions strategies by other federal agencies, including Manhattan prosecutors and a Missouri grand jury. Acadia is heavily dependent on government-funded programs such as Medicare and Medicaid for its revenue. Further scrutiny by the Securities and Exchange Commission and other…
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