Bloomberg Businessweek

Bloomberg Businessweek Weekend - June 14th, 2025

9 snips
Jun 14, 2025
Ed Ludlow, Bloomberg Technology co-host, shares insights from Apple's Developers Conference, discussing new products and market strategies. Rachel Adams Hurd investigates the controversial impact of immigration detention facilities on local economies. Wendy Barnes, CEO of GoodRx, highlights challenges facing independent pharmacies amid healthcare changes. Cisco's DJ Sampath and Anurag Dhingra unveil AI strategies revolutionizing workplace collaboration. G2 Patel charts Cisco's journey through AI innovations, emphasizing security and efficiency in tech solutions.
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INSIGHT

Critical Role of Rare Earths

  • Rare earth minerals are crucial in electronics, defense, and healthcare but are largely processed by China.
  • The U.S. currently depends heavily on China due to a lack of significant processing capabilities domestically.
ANECDOTE

Life Inside an ICE Town

  • Torrance County, NM, depends financially on a private detention facility contracted with ICE despite poor conditions.
  • Detainees suffer from water shortages, poor food, and delayed deportation processing far from families and lawyers.
ADVICE

GoodRx Direct Contract Benefits

  • Independent pharmacies should contract directly with GoodRx for better reimbursement based on National Average Drug Acquisition Cost plus a margin.
  • Direct contracts offer more favorable economics than going through pharmacy benefit managers' networks.
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