VillageMD just raised $1 billion and Oak Street is going public. Meet the 8 primary-care companies building a new future for medicine during the coronavirus pandemic.

The coronavirus pandemic has upended how Americans get medical care. Patients are staying at home and putting off treatments. Others are seeing their doctors virtually. Financially, hospitals and medical practices have been hit hard by a decline in procedures. It’s been an eventful year for companies looking at new approaches to primary care with One Medical’s January public-market debut, additional funding for Iora Health in February, Walgreens’ $1 billion bet on VillageMD, and private-equity-backed Oak Street Health’s plans to go public. Read on to see how 8 companies are shaking up the traditional way that doctors take care of patients, and how they’re faring amid the pandemic. For more stories… Read More

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Wealthy millennials are rethinking their money habits and investment strategies because of the pandemic

A report released by UBS on Monday found that the pandemic has changed wealthy millennials’ attitudes toward their money and how they want to invest it. Many of the millennial investors surveyed revealed that the pandemic has hit them hard financially. But despite the economic impact, millennial respondents were more likely than other generations to increase financial support for friends and family members in need. Visit Business Insider’s homepage for more stories. The pandemic has changed the financial habits of wealthy millennials, according to a new UBS Investor Watch report released on Monday. In May, UBS surveyed over 3,750 investors across 15 countries, including the US, the UK, Germany, and… Read More

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The majority of American support chains’ like Starbucks and Costco’s mandatory mask policies, but an aggressive minority is creating a crisis for workers

76% of Americans believe businesses should create and enforce their own policies that require customers and employees to wear masks while in public, according to a survey by The Harris Poll. Starbucks is requiring all customers to wear masks starting on Wednesday, following in the footsteps of Costco and Apple. “As cases rise, mask-wearing is now less political and more sensible,” said The Harris Poll CEO John Gerzema. Visit Business Insider’s homepage for more stories. While retail and restaurant workers are facing violence and harassment at the hands of anti-mask customers, Americans overwhelmingly support policies requiring people to wear facial coverings in public. A new Harris Poll survey found that… Read More

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WhatsApp went down for nearly an hour

Photo by Amelia Holowaty Krales / The Verge WhatsApp went down for its 2 billion users earlier today. Service issues started at around 4PM ET and prevented WhatsApp users from sending or receiving messages on the service for nearly an hour. The WhatsApp application would still open, but a connecting loop was displayed while the service experienced issues. Facebook-owned WhatsApp rarely experiences service outages, and this is the first major outage for more than a year. WhatsApp went down alongside Instagram and Facebook last year for around two hours, before service was restored. Facebook revealed earlier this year that WhatsApp now has 2 billion users, up from 1.5 billion and… Read More

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Thomas Ravenel Welcomes Baby #3 with Ex-Girlfriend!

As we reported earlier this year, disgraced former Southern Charm star Thomas Ravenel knocked up a much younger woman. Now, that woman — who is very much his ex — has given birth to his child. The widely reviled former reality star and washed up ex-politician spoke to The Daily Mail about the good news. “We’ve named him Jonathan Jackson Ravenel,” Thomas announced to the tabloid. “And,” he divulged, “he was born by C-section.” The mother, as we previously reported, is Heather Mascoe. Thomas revealed that his son was born “on June 29.” The baby was born weighing “7lbs 4oz.” Additionally, he shared that his son’s body length was “20.25… Read More

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New Joe Biden plan sees millions of jobs in aggressive climate action

Democratic presidential candidate Joe Biden speaks at the Chase Center on July 14th, 2020, in Wilmington, Delaware. Biden delivered remarks on his campaign’s ‘Build Back Better’ clean energy economic plan. | Photo by Chip Somodevilla / Getty Images On Wednesday, presumptive Democratic presidential nominee Joe Biden revealed a revamped climate and energy plan that raises spending, expands efforts to address racial disparities, and sets an earlier deadline for cutting greenhouse gases. Biden’s plan aims to eliminate carbon pollution from the power sector by 2035. Biden had previously committed to reaching a 100 percent “clean energy economy” by 2050. The plan comes with a $2 trillion price tag over four years,… Read More

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An inside look at Stanford’s one-of-a-kind course on mental health innovation, where students mingle with industry experts and develop business plans to revolutionize the healthcare industry

“PSYC 240: Designing for the 2 Billion Leading Innovation in Mental Health” and its follow-up course “PSYC 242: Mental Health Innovation Studio: Entrepreneurship, Technology, and Policy” are the first university courses on mental health innovation. The courses, led by the Stanford Brainstorm Lab in the School of Medicine, were designed to empower students to tackle contemporary challenges related to the US mental health crisis with innovative solutions through curiosity, creativity, and strategy. Students and staff told Business Insider the course is a combination of studying the nuances of mental health, learning from innovators, CEOs, and practitioners in the space, and coming up with your own idea for a startup company… Read More

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Instead of traveling to Europe, visit these 7 destinations in the US — Napa Valley over Italy, Vail in place of Switzerland, and more

Travel between the US and Europe is restricted due to COVID-19, but you can still get a taste of the old world here at home. From impressive architecture and scenery to rich culture and cuisine, these American cities pack in plenty of charm similar to countries such as Italy, Germany, and Spain. We’ve detailed what you’ll find in each destination as well as top-rated hotels for each getaway, with updated COVID policies and prices ranging from $110 to $315 per night. Read more: Is it safe to stay in a hotel right now? An infectious disease doctor, a cleaning expert, and hotel reps all share what you should know before… Read More

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‘This is not a normal recession’: 3 large US banks set aside $28 billion to cover potential loan defaults due to the coronavirus pandemic

JPMorgan, Citigroup, and Wells Fargo set aside a combined $28 billion to cover potential defaults on loans amid the pandemic recession. It’s the most banks have set aside for bad loans since 2008, according to Bloomberg. “This is not a normal recession,” said JPMorgan CEO Jamie Dimon. “The recessionary part of this you’re going to see down the road.” on Business Insider. Three major US banks took a hit from second-quarter profits to stockpile billions to guard against a potential wave of defaults driven by the coronavirus pandemic. JPMorgan, Citigroup, and Wells Fargo collectively set aside $28 billion in the second quarter for bad loans, according to earnings reports released… Read More

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