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A Facebook Influencer And Business Woman Gifts Her Husband A Brand New SUV RX350
~0.2 mins read
Facebook Influencer and business woman Nenye Uzowulu recently celebrated her husband's birthday in a big way!
She gifted him a brand new car (SUV RX350). Her thoughtful and generous acts are a testament to the power of love and partnership. Congratulations to the happy couple!
May their relationship continue to be blessed with joy, happiness, and success.
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Instablog9ja
I’m Very Straight — Singer HarrySong Tells A Gay Admirer
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Nigerian singer, Harrysong, has clarified his sexuality after a gay admirer approached him.

An anonymous gay man has expressed his admiration for Harrysong during the singer’s recent interactive session with fans on Instagram.

The ‘Reggae Blues’ crooner clarified that he is straight.

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Investopedia
Matthew McConaughey — And 6 More Celebs Helping Liquor Brands Become Big Business
~0.6 mins read

Matthew McConaughey's organic tequila brand is going national.

The news, announced Wednesday — that Pantalones Organic Tequila is expanding to liquor stores and bars nationwide — marks the latest development in the booze-and-celebrities business. The Oscar-winning actor, who co-founded the brand with his wife Camila, joins the ranks of stars lending their status to an alcohol brand.

Other luminaries have followed a similar blueprint: Use the fame to attract consumers, then look to cash in (or out) down the line.

Here are some of the other celebrities offering up stiff drinks: 

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Investopedia
Health Insurer Stocks Tumble On Medicaid Enrollment Concerns
~1.1 mins read

Shares of health insurers lost ground Wednesday as executives at Centene (CNC) warned about a pullback in the number of people receiving Medicaid benefits.

Centene Chief Executive Officer (CEO) Sarah London told the Wells Fargo 2024 Healthcare Conference in Everett, Mass., that the company is "still seeing pressure in Medicaid, largely driven by the unprecedented redeterminations process," referring to how recipient eligibility is determined.

Chief Financial Officer (CFO) Drew Asher said Centene expects its Medicaid membership to be about 12.9 million to 13.0 million in 2024. That's down from the company's previous estimate of a low of 13.2 million, which it anticipated would climb to 13.6 million by the end of the year. Asher added that Centene's current-quarter Medicaid medical costs, as a percentage of premiums, would be higher than in the second quarter. 

According to the non-profit health research organization KFF, Medicaid enrollments have fallen by 25.1 million since March 2023, when states could begin "unwinding" their Medicaid rolls of those no longer qualified. Asher noted that while about 30% of those terminated eventually return to Centene, the gap in time negatively impacts the company's revenue. 

Shares of Centene and rivals Molina Healthcare (MOH) and Elevance (ELV) were among the biggest decliners in the S&P 500 today.

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Investopedia
Amazon-Backed Anthropic Launches Claude Enterprise For Businesses
~1.3 mins read

Amazon (AMZN)-backed Anthropic released its latest artificial intelligence (AI) product Wednesday, Claude Enterprise, a version of its AI chatbot designed for businesses.

Anthropic said that early customers like GitLab and another AI venture, Midjourney, have used the service for a variety of tasks, from brainstorming to writing code, creating a variety of content for employees.

Employees will be able to upload documents to Claude to help the product better understand an organization's data and provide "deep, function-specific guidance," the company said. The price of Claude Enterprise will vary by company, depending on how much it's used and the number of employees with access, according to .

Anthropic said the service will collaborate with other previously released Claude features like Artifacts, which puts content like code or images created by the AI into a separate window and allows for minor edits and detailed feedback, making it an "end-to-end solution" for developing an idea into an end product.

Anthropic has received the backing of tech giants like Amazon and Alphabet's (GOOGL) Google as it has developed its Claude chatbot to compete with other popular AI products like OpenAI's ChatGPT, which is backed by Microsoft (MSFT).

The vast amount of money companies have spent on AI development has come under increasing scrutiny in recent quarters, with some analysts and investors looking for more detailed plans for how the projects will develop enough revenue to be profitable in the long run given the high operating costs.

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Investopedia
Nordstrom Family Makes $3.8 Billion Offer To Take Retailer Private
~1.1 mins read

Nordstrom (JWN) Chief Executive Officer (CEO) Erik Nordstrom and other members of the company’s founding family have made a bid to take the fashion retailer private for $23 per share, according to n Securities and Exchange Commission (SEC) filing.

On Tuesday, Erik Nordstrom and Peter Nordstrom, the company's president, together with El Puerto de Liverpool, submitted a non-binding letter containing the offer. The Nordstrom family owns a 33.4% stake in the company, while Liverpool, a department store operator based in Mexico, owns nearly 10%. 

The offer, which values the company at about $3.76 billion, is a less than 1% premium on Tuesday’s closing price. It comes months after a report said people familiar with the matter indicated that the family was exploring a potential deal.

The Nordstrom family has made prior attempts to take the company private. In 2017, a group of family members made a similar effort that was ultimately suspended, and in March 2018, Nordstrom's board rejected a higher, roughly $8.4 billion, bid from the founding family. 

Erik and Peter Nordstrom are the great-grandsons of John Nordstrom, who founded the company in 1901.

Shares of Nordstrom were up 0.4% at $22.92 in early afternoon trading Wednesday. So far this year, they've added nearly a quarter of their value.

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