JCPenney Shutters Key Logistics Hub as Sales Plummet

JCPenney is cutting 300 jobs and shutting down a key logistics hub in Haslet, TX, in a new round of cost-cutting measures aimed at stabilizing its struggling business.  The Street reported that the Alliance Regional Logistics Center will cease operations in early November, with layoffs beginning as soon as August 1, according to a WARN … Read more

Tesla’s Robotaxis Hit With Federal Scrutiny After Troubling Videos Emerge

Tesla’s long-awaited robotaxis may have just hit a serious speed bump. On the heels of their public debut in Austin, Elon Musk’s self-driving Teslas are now under federal investigation after a string of alarming videos surfaced online.  AP News reported footage shows the vehicles ignoring traffic markings, veering into opposing lanes, and braking abruptly with … Read more

Health Insurers Vow—Again—to Fix Prior Authorization Process. Here’s What to Know

A coalition of health insurance companies is vowing to make changes to the prior authorization process, after years of patients and providers’ complaints over a system they say delays care and endangers people’s health. [time-brightcove not-tgx=”true”] On Monday, federal health officials met with representatives from some of the country’s major insurance companies, including Aetna, Blue … Read more