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TV’s Dr. Oz invested in businesses regulated by agency Trump wants him to lead
Simon and Paula Herbert buy into NZX-listed WasteCoLIVERPOOL, England : Liverpool came back after conceding early to beat Leicester City 3-1 at Anfield on Thursday and open a seven-point lead at the top of the Premier League. Struggling Leicester took a shock sixth minute lead through Jordan Ayew but lived a charmed life until Cody Gakpo equalised on the stroke of halftime. Liverpool then put Leicester under siege straight from the break and took just four minutes into the second half to go ahead through Curtis Jones before Mohamed Salah made sure of the points with a superb 82nd-minute finish. The victory extended their unbeaten league run to 13 games and advanced Liverpool to 42 points at the top of the standings. (Writing by Mark Gleeson in Cape Town; Editing by Christian Radnedge)
COLUMBIA, Mo. (AP) — Tamar Bates had 29 points and five steals to help Missouri beat Hunter Dickinson and No. 1 Kansas 76-67 on Sunday. Mark Mitchell scored 17 points in Missouri’s first win over Kansas since a 74-71 victory on Feb. 4, 2012. Anthony Robinson II had 11 points and five steals for the Tigers (8-1), and Josh Gray grabbed a team-leading 10 rebounds. Dickinson had 19 points and 14 rebounds, but he also committed seven turnovers. The Jayhawks (7-2) have lost two straight on the road after falling 76-63 against Creighton on Wednesday night. Missouri opened a 57-33 lead with 14:15 remaining on a jump shot from Tony Perkins. But the Jayhawks outscored the Tigers 30-8 over the next 11:55. Bates scored 18 to help Missouri to a 39-25 lead at the break. The Tigers then opened the second half with a 16-6 run. NO. 2 AUBURN 98, RICHMOND 54 AUBURN, Ala. (AP) — Miles Kelly and Tahaad Pettiford each scored 15 points as No. 2 Auburn beats Richmond. Bouncing back nicely after a loss at Duke , Auburn (8-1) had six players score in double figures. Chad Baker-Mazara had 13 points, six rebounds and five assists. Denver Jones made three 3-pointers and finished with 11 points. Johni Broome had 11 points, six assists and two blocks for the Tigers. Jahki Howard scored a career-high 13 points. Richmond (4-5) was led by Mikkel Tyne’s 16 points. Dusan Neskovic scored 12, and DeLonnie Hunt added 10 points. NO. 8 PURDUE 83, MARYLAND 78 WEST LAFAYETTE, Ind. (AP) — Braden Smith had 24 points and 10 assists, and No. 8 Purdue held off Maryland for a win. Trey Kaufman-Renn scored 21 points for the Boilermakers (8-2, 1-1 Big Ten), who bounced back after a loss to Penn State on Thursday. Camden Heide added 15 points and Fletcher Loyer finished with 12. Derik Queen led the Terrapins (8-2, 1-1) with 26 points on 11-of-18 shooting and grabbed a team-high 12 rebounds. Ja’Kobi Gillespie scored 18 points and Selton Miguel and Rodney Rice each had 13. Julian Reese fouled out with five points and seven rebounds. Purdue used an 8-0 run to take a 77-67 lead with 2:00 left. Smith sparked the run with a 3-pointer. Heide made three late foul shots to help close it out. The Terrapins led 36-31 at halftime. Both teams made 13 of 35 shots in the first half, but the Terrapins had three more 3-pointers NO. 14 CINCINNATI 84, HOWARD 67 CINCINNATI (AP) — Simas Lukosius scored 18 points, Aziz Bandaogo added 17 and Dillon Mitchell 14 to lead No. 14 Cincinnati to a victory over Howard. Cincinnati (7-1) led by four points after one half and came out firing in the second, hitting three straight baskets to extend its lead to 10 points. The Bearcats outscored Howard Bison (3-6) 48-35 in the second half to seal the win and rebound from Tuesday’s eight-point loss to Villanova. Blake Harper had 23 points and 10 rebounds and Marcus Dockery added 14 points for Howard. NO. 22 TEXAS A&M 72, TEXAS TECH 67 FORT WORTH, Texas (AP) — Wade Taylor IV scored 19 points, Zhuric Phelps hit a go-ahead 3-pointer during an 11-0 run and finished with 12 points, and 22nd-ranked Texas A&M beat Texas Tech in the first meeting of the former conference rivals since 2012. Phelps’ 3 with 7 1/2 minutes left made it 54-52 and put the Aggies (8-2) ahead to stay. His step-back jumper after hard contact with Tech’s Kevin Overton capped the game-turning spurt. Jace Carter scored 13 of his 16 points in the first half as Texas A&M won its fourth straight game. Chance McMillian had 23 points with five 3s for Tech (7-2). Overton scored 14 of his 17 points before halftime, when he hit four 3s.
Darius Tahir | (TNS) KFF Health News President-elect Donald Trump’s choice to run the sprawling government agency that administers Medicare, Medicaid, and the Affordable Care Act marketplace — celebrity doctor Mehmet Oz — recently held broad investments in health care, tech, and food companies that would pose significant conflicts of interest. Oz’s holdings, some shared with family, included a stake in UnitedHealth Group worth as much as $600,000, as well as shares of pharmaceutical firms and tech companies with business in the health care sector, such as Amazon. Collectively, Oz’s investments total tens of millions of dollars, according to financial disclosures he filed during his failed 2022 run for a Pennsylvania U.S. Senate seat. Trump said Tuesday he would nominate Oz as administrator of the Centers for Medicare & Medicaid Services. The agency’s scope is huge: CMS oversees coverage for more than 160 million Americans, nearly half the population. Medicare alone accounts for approximately $1 trillion in annual spending, with over 67 million enrollees. UnitedHealth Group is one of the largest health care companies in the nation and arguably the most important business partner of CMS, through which it is the leading provider of commercial health plans available to Medicare beneficiaries. UnitedHealth also offers managed-care plans under Medicaid, the joint state-federal program for low-income people, and sells plans on government-run marketplaces set up via the Affordable Care Act. Oz also had smaller stakes in CVS Health, which now includes the insurer Aetna, and in the insurer Cigna. It’s not clear if Oz, a heart surgeon by training, still holds investments in health care companies, or if he would divest his shares or otherwise seek to mitigate conflicts of interest should he be confirmed by the Senate. Reached by phone on Wednesday, he said he was in a Zoom meeting and declined to comment. An assistant did not reply to an email message with detailed questions. “It’s obvious that over the years he’s cultivated an interest in the pharmaceutical industry and the insurance industry,” said Peter Lurie, president of the Center for Science in the Public Interest, a watchdog group. “That raises a question of whether he can be trusted to act on behalf of the American people.” (The publisher of KFF Health News, David Rousseau, is on the CSPI board .) Oz used his TikTok page on multiple occasions in November to praise Trump and Robert F. Kennedy Jr., including their efforts to take on the “illness-industrial complex,” and he slammed “so-called experts like the big medical societies” for dishing out what he called bad nutritional advice. Oz’s positions on health policy have been chameleonic; in 2010, he cut an ad urging Californians to sign up for insurance under President Barack Obama’s Affordable Care Act, telling viewers they had a “historic opportunity.” Oz’s 2022 financial disclosures show that the television star invested a substantial part of his wealth in health care and food firms. Were he confirmed to run CMS, his job would involve interacting with giants of the industry that have contributed to his wealth. Given the breadth of his investments, it would be difficult for Oz to recuse himself from matters affecting his assets, if he still holds them. “He could spend his time in a rocking chair” if that happened, Lurie said. In the past, nominees for government positions with similar potential conflicts of interest have chosen to sell the assets or otherwise divest themselves. For instance, Treasury Secretary Janet Yellen and Attorney General Merrick Garland agreed to divest their holdings in relevant, publicly traded companies when they joined the Biden administration. Trump, however, declined in his first term to relinquish control of his own companies and other assets while in office, and he isn’t expected to do so in his second term. He has not publicly indicated concern about his subordinates’ financial holdings. CMS’ main job is to administer Medicare. About half of new enrollees now choose Medicare Advantage, in which commercial insurers provide their health coverage, instead of the traditional, government-run program, according to an analysis from KFF, a health information nonprofit that includes KFF Health News. Proponents of Medicare Advantage say the private plans offer more compelling services than the government and better manage the costs of care. Critics note that Medicare Advantage plans have a long history of costing taxpayers more than the traditional program. UnitedHealth, CVS, and Cigna are all substantial players in the Medicare Advantage market. It’s not always a good relationship with the government. The Department of Justice filed a 2017 complaint against UnitedHealth alleging the company used false information to inflate charges to the government. The case is ongoing. Oz is an enthusiastic proponent of Medicare Advantage. In 2020, he proposed offering Medicare Advantage to all; during his Senate run, he offered a more general pledge to expand those plans. After Trump announced Oz’s nomination for CMS, Jeffrey Singer, a senior fellow at the libertarian-leaning Cato Institute, said he was “uncertain about Dr. Oz’s familiarity with health care financing and economics.” Singer said Oz’s Medicare Advantage proposal could require large new taxes — perhaps a 20% payroll tax — to implement. Oz has gotten a mixed reception from elsewhere in Washington. Pennsylvania Sen. John Fetterman, the Democrat who defeated Oz in 2022, signaled he’d potentially support his appointment to CMS. “If Dr. Oz is about protecting and preserving Medicare and Medicaid, I’m voting for the dude,” he said on the social platform X. Oz’s investments in companies doing business with the federal government don’t end with big insurers. He and his family also hold hospital stocks, according to his 2022 disclosure, as well as a stake in Amazon worth as much as nearly $2.4 million. (Candidates for federal office are required to disclose a broad range of values for their holdings, not a specific figure.) Amazon operates an internet pharmacy, and the company announced in June that its subscription service is available to Medicare enrollees. It also owns a primary care service , One Medical, that accepts Medicare and “select” Medicare Advantage plans. Oz was also directly invested in several large pharmaceutical companies and, through investments in venture capital funds, indirectly invested in other biotech and vaccine firms. Big Pharma has been a frequent target of criticism and sometimes conspiracy theories from Trump and his allies. Kennedy, whom Trump has said he’ll nominate to be Health and Human Services secretary, is a longtime anti-vaccine activist. During the Biden administration, Congress gave Medicare authority to negotiate with drug companies over their prices. CMS initially selected 10 drugs. Those drugs collectively accounted for $50.5 billion in spending between June 1, 2022, and May 31, 2023, under Medicare’s Part D prescription drug benefit. At least four of those 10 medications are manufactured by companies in which Oz held stock, worth as much as about $50,000. 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In his TikTok videos from earlier in November, Oz echoed attacks on the food industry by Kennedy and other figures in his “Make America Healthy Again” movement. They blame processed foods and underregulation of the industry for the poor health of many Americans, concerns shared by many Democrats and more mainstream experts. But in 2022, Oz owned stakes worth as much as $80,000 in Domino’s Pizza, Pepsi, and US Foods, as well as more substantial investments in other parts of the food chain, including cattle; Oz reported investments worth as much as $5.5 million in a farm and livestock, as well as a stake in a dairy-free milk startup. He was also indirectly invested in the restaurant chain Epic Burger. One of his largest investments was in the Pennsylvania-based convenience store chain Wawa, which sells fast food and all manner of ultra-processed snacks. Oz and his wife reported a stake in the company, beloved by many Pennsylvanians, worth as much as $30 million. ©2024 KFF Health News. Distributed by Tribune Content Agency, LLC.The year in money: inflation eased, optimism ticked upward
By BARBARA ORTUTAY, AP Technology Writer Nearly half of American teenagers say they are online “constantly” despite concerns about the effects of social media and smartphones on their mental health, according to a new report published Thursday by the Pew Research Center. As in past years, YouTube was the single most popular platform teenagers used — 90% said they watched videos on the site, down slightly from 95% in 2022. Nearly three-quarters said they visit YouTube every day. There was a slight downward trend in several popular apps teens used. For instance, 63% of teens said they used TikTok, down from 67% and Snapchat slipped to 55% from 59%. This small decline could be due to pandemic-era restrictions easing up and kids having more time to see friends in person, but it’s not enough to be truly meaningful . X saw the biggest decline among teenage users. Only 17% of teenagers said they use X, down from 23% in 2022, the year Elon Musk bought the platform. Reddit held steady at 14%. About 6% of teenagers said they use Threads, Meta’s answer to X that launched in 2023. The report comes as countries around the world are grappling with how to handle the effects of social media on young people’s well-being. Australia recently passed a law banning kids under 16 from social networks, though it’s unclear how it will be able to enforce the age limit — and whether it will come with unintended consequences such as isolating vulnerable kids from their peers. Meta’s messaging service WhatsApp was a rare exception in that it saw the number of teenage users increase, to 23% from 17% in 2022. Pew also asked kids how often they use various online platforms. Small but significant numbers said they are on them “almost constantly.” For YouTube, 15% reported constant use, for TikTok, 16% and for Snapchat, 13%. As in previous surveys, girls were more likely to use TikTok almost constantly while boys gravitated to YouTube. There was no meaningful gender difference in the use of Snapchat, Instagram and Facebook. Roughly a quarter of Black and Hispanic teens said they visit TikTok almost constantly, compared with just 8% of white teenagers. The report was based on a survey of 1,391 U.S. teens ages 13 to 17 conducted from Sept. 18 to Oct. 10, 2024.