What OPEC’s surprise production cut means for our oil stocks

  • April 3, 2023
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Crude prices and oil stocks jumped Monday after OPEC+ members announced a surprise production cut, giving investors an opportunity to pare back their energy exposure. Indeed, the Club would’ve exited our Devon Energy (DVN) position Monday if not for restrictions that prevent us from trading the stock. Saudi Arabia and fellow members of the Organization […]

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Masimo receives FDA De Novo clearance for opioid overdose alert system

  • April 3, 2023
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Medtech company Masimo announced it had received FDA De Novo clearance for Opioid Halo, the company’s opioid overdose alert system. The monitoring system aims to prevent overdose by alerting family members or caregivers when a patient is experiencing opioid-induced respiratory depression, or slowed or stopped breathing that can be fatal. Opioid Halo includes four components: […]

Ryder just ordered 4,000 electric vans from GM’s BrightDrop

  • April 3, 2023
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Transport giant Ryder has ordered 4,000 of BrightDrop’s electric vans to add to its lease and rental fleet through 2025, and the first 200 are being ordered this year. General Motors launched the last-mile BrightDrop brand in 2021. BrightDrop’s electric vans head to Ryder Ryder is adding BrightDrop Zevo 600 and Zevo 400 electric delivery […]

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Q&A: AppliedVR on building reimbursement for virtual reality therapeutics

  • April 3, 2023
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California-based virtual reality therapeutic company AppliedVR received a unique Healthcare Common Procedure Coding System (HCPSC) Level II code from the Centers for Medicare and Medicaid Services for its RelieVRx system (formerly EaseVRx) to treat chronic low back pain.  Josh Sackman, president and cofounder of AppliedVR, joined MobiHealthNews to discuss the new reimbursement code and what’s […]

Volkswagen CEO discusses electric Golf, Tiguan, and affordable ID 2all EV models

  • April 3, 2023
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As it transitions to fully electric, zero-emission vehicles, Volkswagen looks to maintain its position in the auto industry. Part of this plan includes transforming iconic brand names like the Golf and Tiguan to electric while adding new EVs to the lineup, such as VW’s new affordable ID 2all concept. The Volkswagen Group delivered over 570,000 […]

Here’s why one startup is giving out 140,000 free electric motorcycles

  • April 3, 2023
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Earlier this year we reported on Uganda’s announcement that it would seek to replace all of its combustion engine-powered motorcycles with electric motorcycles by giving out free replacements to riders. Now we’re learning how the country hopes to make good on the plan, and it has something to do with a little known e-motorcycle and […]