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Companies help fuel breast cancer research as proposed cuts to federal funding loom
NBC News· 2025-10-15 23:53
Breast Cancer Awareness Month Initiatives - Companies across beauty and fashion sectors are participating in Breast Cancer Awareness Month [1] - Corporate partners are required to be transparent about their donations to cancer research to avoid "pinkwashing" [7] - Private donations and corporate campaigns are crucial, but long-term breakthroughs depend on public investment in science [8] Funding and Research - Proposed federal funding cuts of almost $3 billion to cancer research could slow down advancements [1] - These cuts could slow down advancements that have reduced breast cancer death rates by 40% since the late 1980s [2] - Breast Cancer Research Foundation (BCRF) is funding research and development [6] Corporate Contributions - Nitwell Group has raised over $74 million in the past 20 years [3] - Thrive Cosmetics has donated over $39 million in funds and products to breast cancer related causes since launching [4] - Thrive Cosmetics is donating 100% of proceeds from their liquid lash mascara this month [4] - Thrive Cosmetics has distributed over 30,000 kits with their products to cancer clinics [11] Impact and Awareness - One in eight women will receive a breast cancer diagnosis in their lifetime [2] - Breast cancer awareness should be a year-round effort, not just in October [12]
Trump’s DOE proposes cutting billions in grants for GM, Ford, and lots of startups
Yahoo Finance· 2025-10-07 21:11
Core Points - The Department of Energy is proposing significant cuts to federal funding, which could impact various startups and major automakers like Ford, General Motors, and Stellantis [1][2] - The proposed cuts include the cancellation of over $500 million in contracts awarded to more than a dozen startups, in addition to previous cuts of more than $7.5 billion announced by the Trump administration [2][3] Impact on Startups - Startups are expected to face substantial losses, with some awards being critical to their operations. The proposed cuts include new awards that have not been publicly announced yet [5] - Notable startups affected include Brimstone, which was granted $189 million to build a plant for low-carbon materials, and Anovion, which aimed to produce synthetic graphite for lithium-ion batteries [6] Impact on Automakers - General Motors stands to lose at least $500 million from a federal grant intended for retooling its Lansing Grand River Assembly Plant for electrified vehicle production [4] - Other automakers, including Daimler Trucks North America, Harley-Davidson, and Volvo Technology of America, are also slated to lose grants worth hundreds of millions [3] Specific Grants Affected - Li Industries received $55.2 million for recycling LFP batteries, while Sublime Systems was awarded $86.9 million for an ultra-low-carbon cement plant. Both are at risk of losing their funding [7]
UnitedHealth Is Cutting Medicare Advantage Plans. Here Is Where UNH Stock Could Be Headed Next.
Yahoo Finance· 2025-10-06 15:20
Core Insights - UnitedHealth is reducing its Medicare Advantage offerings for 2025, exiting over 100 plans across 109 counties in 16 states, affecting up to 180,000 beneficiaries due to regulatory changes, federal funding cuts, and rising healthcare costs [1][4] Company Summary - UnitedHealth's stock has shown resilience, increasing more than 50% from its year-to-date low in early August despite the announcement [2] - The company's head of government programs stated that current market conditions are unsustainable, prompting necessary portfolio adjustments for financial stability [4] Industry Summary - The Medicare Advantage market is experiencing significant stress, with enrollment growth slowing to just 3% between 2024-2025, a trend also seen in other major insurers like Aetna and Humana [3] - Medicare Part B premiums are projected to rise by 11.6% to $206.50 next year, with deductibles expected to increase by 12% to $288, adding financial pressure on insurers and beneficiaries [4] - Options data indicates investor caution, with expected stock movement suggesting downside risk due to regulatory tightening, funding cuts, and rising costs [5][6]