Jan 312020

Ajit Pai: Carrier sales of phone-location data is illegal, FCC plans punishment | Ars Technica

“Mobile network operators who sold their customers’ real-time location data violated US law and the Federal Communications Commission will try to punish carriers that did so, FCC Chairman Ajit Pai wrote today.”

Jan 312020

FDA approves peanut allergy drug treatment for children – CBS News:

“The U.S. Food and Drug Administration has approved the first drug to treat life-threatening peanut allergies, which affect 1.2 million children. The drug is intended to help children tolerate small amounts of peanuts and potentially avoid a life-threatening accidental exposure. “

Jan 312020

Opinion | Millennials Aren’t Spending All Their Money on Avocado Toast, Actually – The New York Times:

“… there is also clear evidence that millennials, born between 1981 and 1996, are saving more aggressively for retirement than Generation X did at the same ages, 22-37. And that might put them in better financial shape than many assume.”

Jan 312020

How Private Equity Buried Payless – The New York Times:

“The death of Payless eliminated several hundred well-paying corporate headquarters jobs in Topeka, as well as thousands more jobs in stores. And it hurt creditors, landlords and suppliers.”

Jan 292020

Illinois governor signs law capping insulin costs at $100 per month:

“The Illinois governor has signed a new law that will cap out of pocket insulin costs at $100 for a 30-day supply.”

*Will there be enough supply at or below the mandated price cap? Let’s see how this plays out.

Jan 282020

Customs police seize $900,000 in counterfeit money — all in $1 bills – CNN:

“Customs police seized $900,000 in counterfeit money from a shipping container — all in $1 bills”