Alicia Keys invitations teenage taking pictures sufferer Ralph Yarl to a live performance

Alicia Keys personally invited Ralph Jarl to an upcoming concert date, according to TMZ.

An attorney for Yarl’s family, Lee Merritt, told the outlet that the singer asked Ralph to come to the show in Kansas and meet her at a concert scheduled for this July.

As previously reported, 84-year-old Andrew Lester shot and killed Ralph April 13 after the 16-year-old accidentally rang the wrong doorbell.

RELATED: UPDATE: Andrew Lester, 84, pleads not guilty to shooting of 16-year-old Ralph Yarl

Like Alicia, Roc Nation is said to have contacted Ralph and his family. They have reportedly offered to help with Ralph’s recovery in any way they can.

Meanwhile, Ralph’s family has set up a trust fund for him after donations came in, with the teen’s GoFundMe already topping a whopping $3.4 million.

16-year-old Ralph Yarl is now a multi-millionaire. The GoFundMe campaign uploaded for him has passed the $3 million mark thanks to you.❤️ pic.twitter.com/G7pKcrXq5Q

— Mike Sington (@MikeSington) April 19, 2023

Ralph’s mother receives tearful support from Ahmaud Arbery’s mother, accused of shooting

TMZ also reports that Ralph’s mom, Cleo, was tearfully supported by Wanda Cooper-Jones. Wanda is the mother of Ahmaud Arbery – a 25-year-old black man who was murdered in February 2020 during a racially motivated hate crime while jogging in Glynn County, Georgia.

Cooper-Jones reportedly told Cleo to lean on prayer at this point, telling her the victims, like her two sons, have the power. Lester has since been charged with assault after shooting the teenager twice. Lester pleaded not guilty on April 19.

Civil rights attorney Ben Crump further told TMZ that he doesn’t think the charges fit the crime. Officials charged Lester with first-degree assault and armed criminal activity.

KANSAS CITY, Missouri (AP) — The 84-year-old white man who shot and killed Ralph Yarl, a black teenager who went to the wrong house, is turning himself in to authorities. pic.twitter.com/Wy0PkGSiMm

— Philip Lewis (@Phil_Lewis_) April 18, 2023

Case resumes June 1, Lester remains on Bond

Zachary Thompson, a Clay County prosecutor, has since given KCTV 5 a statement on the case.

“From this point forward, the state will urge this case to move forward as expeditiously as permitted by law.” Although charges have been filed, this remains an active investigation. We continue to work with law enforcement to gather all available evidence in this case. If anyone in the community has information that would assist in this case, we encourage you to contact the Kansas City, Missouri Police Department or other law enforcement agency. As this is now an active and pending case, our office is severely limited as to the information we can publicly disclose. This is due to our desire to protect the legal integrity of the case and ensure justice is done for the victim and our community. Despite these limitations, we will be as transparent as the law allows and will endeavor to keep the public informed of all developments.”

The case will continue on June 1st. Lester will remain on bail. He is “barred from possession of a weapon or contact with Yarl,” reports KCUR 89.3 NPR.

First Republic Financial institution fails, taken over by JPMorgan

This illustrative photo shows a smartphone screen with the First Republic Bank logo and a screen with the JP Morgan Chase logo in the background in Washington, DC on May 1, 2023.

Olivier Douliery | AFP | Getty Images

taken over by regulators First Republic on Monday, leading to the third bankruptcy of a US bank since March after a last-ditch effort to persuade competing lenders to keep the struggling bank afloat failed.

JPMorgan Chase, already the largest US bank by several measures, emerged as the winner of the weekend auction for First Republic. She will receive all of the struggling bank’s deposits and a “substantial majority of the assets,” the New York-based bank said.

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The First Republic seizure led to the largest bank failure since the 2008 financial crisis when Washington Mutual collapsed. Back then, it was also JPMorgan that emerged with the assets of the failed banks.

Since the sudden collapse of Silicon Valley Bank in March, attention has focused on First Republic as the weakest link in the US banking system. Like SVB, which catered to the tech startup community, First Republic was also a type of specialty lender based in California. It focused on catering to wealthy coastal Americans, luring them with low mortgages to keep cash in the bank.

However, that model unraveled after the collapse of SVB, when First Republic’s customers withdrew more than $100 billion in deposits, the bank revealed in its April 24 earnings report. Institutions with high proportions of uninsured deposits, such as SVB and First Republic, found themselves vulnerable again as customers feared losing their savings in a bank run.

First Republic shares were down 97% by the close on Friday.

JPMorgan will receive about $92 billion in deposits as part of the deal, including the $30 billion it and other big banks invested in First Republic last month. The bank has loans worth $173 billion and securities worth $30 billion.

The Federal Deposit Insurance Corporation agreed to share losses on mortgage and commercial loans assumed by JPMorgan in the transaction and also provided it with a $50 billion line of credit.

JPMorgan said it would make a $10.6 billion payment to the FDIC.

Hit $13 billion

The weekend auction, which attracted bids from JPMorgan Chase and PNC as well as interest from other banks, was a “hard-fought bidding process,” according to the FDIC.

The transaction will cost the FDIC’s deposit insurance fund an estimated $13 billion, according to regulators. For comparison, the SVB process cost the fund around $20 billion.

California’s Department of Financial Protection and Innovation said Monday it took possession of First Republic and appointed the FDIC as receiver. The FDIC accepted JPMorgan’s bid for the bank’s assets.

“As part of the transaction, First Republic Bank’s 84 offices in eight states will reopen today during normal business hours as branches of JPMorgan Chase Bank, National Association,” the FDIC said in a statement. “All First Republic Bank depositors will become JPMorgan Chase Bank, National Association depositors and have full access to all of their deposits.”

JPMorgan CEO Jamie Dimon announced the acquisition in a statement early Monday morning.

“Our government invited us and others to get involved and we did,” he said. “This acquisition provides modest overall benefit to our business, adds value to shareholders, helps further advance our wealth strategy and complements our existing business.”

After Monday morning’s takeover, the Treasury Department tried to reassure Americans about the country’s financial system.

“The banking system remains sound and resilient, and Americans should be confident in the safety of their deposits and the ability of the banking system to perform its essential function of lending to businesses and families,” a Treasury Department spokesman said.

weak link

First Republic’s deposit outflow in the first quarter forced the company to borrow heavily from Federal Reserve facilities to keep operations running, putting pressure on the company’s margins as its funding costs are now much higher. According to Doug Peta, chief strategist at BCA Research, First Republic recently accounted for 72% of all credit from the Fed’s discount window.

On April 24, First Republic CEO Michael Roffler attempted to paint a picture of stability following the events of March. Deposit outflows have slowed in recent weeks, he said. But stocks plummeted after the company scrapped its earlier financial guidance and Roffler opted not to ask questions after an unusually short conference call.

The bank’s advisers had hoped to persuade the largest US banks to help First Republic again. A recently circulated version of the plan involved requiring banks to pay above-average interest on bonds on First Republic’s balance sheet, which would allow it to raise capital from other sources.

But ultimately, the banks, which joined forces in March to pump $30 billion in deposits into the First Republic, couldn’t agree on the bailout plan, and regulators stepped in, ending the bank’s 38-year run.

JPMorgan reveals details of deal with First Republic in investor presentation

Senate High Race, Manchin, Feinstein

Senator Joe Manchin, DW. Va., will hold a press briefing on energy permit reform on Tuesday, September 20, 2022 at the Capitol in Washington.

Bill Clark | CQ Roll Call, Inc. | Getty Images

Democrats increased their Senate majority in 2022. You’ll be lucky to keep those wins in 2024.

Republicans, who took over the House after November’s midterm elections, hope to repeat that success in the Senate next year. They have reason for hope: Democrats face a daunting 2024 Senate map that puts them on defense in 23 of the cycle’s 34 races, including several seats deemed ripe for GOP challenges.

In some of the most vulnerable contests, Democrats are trying to hold on to Senate seats in states that voted for former President Donald Trump over President Joe Biden in the 2020 presidential election.

The bleak outlook has some Senate Democrats considering retiring, even after the caucus expanded to a 51-49 majority after a better-than-expected midterm election performance.

Here are some of the top Senate races to watch:

West Virginia

Senator Joe Manchin may be one of the most conservative Democrats in the Senate, but his party affiliation still jeopardizes his reelection chances in deep-red West Virginia, which favored Trump by nearly 40 percentage points in 2020.

That may be why Manchin has still not announced whether he intends to run again — or why he refuses to even publicly admit to being a Democrat.

Manchin’s potential Republican challengers are not waiting for the incumbent to reveal his plans. Rep. Alex Mooney, whom Trump backed for his successful home race in 2022, has already received a $10 million pledge to support the conservative Club for Growth for his Senate primary.

Manchin’s campaign had $9.7 million in cash at the end of March, FEC filings showed.

But Manchin’s closest possible GOP rival may be West Virginia Gov. Jim Justice, reportedly the richest man in the state and one of his favorite contenders in the Senate race.

Election analysts from Sabato’s Crystal Ball gave West Virginia a “Leans R” rating in January, making it the most vulnerable Democratic Senate seat of the cycle.

Manchin, who won his Senate race in 2018 by around three percentage points, has recently put some distance between himself and his fellow Democrats. He even vowed to vote to repeal the Inflation Reduction Act, Biden’s signed spending bill that Manchin helped pass, and complained to Fox News that the government had broken its word.

Arizona

Democrats and Republicans alike are targeting the Arizona seat of Sen. Kyrsten Sinema, who left the Democratic Party to become independent in late 2022.

Sinema’s move, who continues to feud with Democrats, allows her to skip a potentially bloody Senate primary campaign and run directly in the general election.

But the move doesn’t guarantee her a path to victory in the state, which is seen as a blip and prime takeover opportunity. Sinema has yet to announce if she will stand for re-election in 2024.

Sinema, once seen as a progressive Democrat, has charted a dovish course in recent years. She has been criticized by some in her former party for voting against a minimum wage increase and opposing the filibuster change.

She now faces a potential challenge from her left in Democratic MP Ruben Gallego, who has reportedly outperformed Sinema in the fight for her job.

Republican Sheriff Mark Lamb also entered the race. He could run in a GOP primary against Kari Lake, the former television news anchor who lost to Democrat Katie Hobbs in Arizona’s 2022 gubernatorial race and is now considering a Senate bid.

If Sinema runs, the Arizona Senate race could turn into a three-way matchup. It is far from clear who would have an advantage in the swing state that Biden won by less than a percentage point over Trump in 2020.

While Sinema’s independent label might find favor in a state where registration competes with “Other” in the two major parties, polls show the senator remains unpopular.

Montana

Senator Jon Tester is one of three Democrats in the 2024 cycle to defend a seat in a state that voted for Trump in the last presidential election. The Republican ex-president won Montana 2020 by about 16 points.

The tester’s seat is viewed by Sabato’s crystal ball as a failure, though the Cook Political Report says the seat tilts in Democrat’s favor.

The Tester’s decision to run again is welcome news for Democrats, who would otherwise have lost the incumbent advantage in a solid red state.

But he could still face a formidable threat from his eventual Republican challenger. Former Home Secretary Ryan Zinke, MP Matt Rosendale and Governor Greg Gianforte have been eyed as possible candidates.

Ohio

Democratic Senator Sherrod Brown has been in office since 2007 and has already announced his plans for a fourth term.

But Ohio’s 2024 Senate race is currently viewed as a failure, as Republicans have made significant gains in the state in the last two election cycles.

Trump won Buckeye State by more than eight points in 2020, and GOP candidates he endorsed, including now Sen. JD Vance and Gov. Mike DeWine, won in the midterms.

Matt Dolan, a state senator and partner in the Cleveland Guardians baseball team who ran in the 2022 Republican Senate primary, is running for Brown’s seat in 2024. Bernie Moreno, another Republican contender for the Senate seat, drew a scrutiny when he proposed it Reparations for the descendants of Union Civil War soldiers “who died to save the lives of black men.”

Michigan

Democrats in 2024 will defend an open Senate seat in Michigan, a swing state that voted for Trump in 2016 and Biden in 2020.

Senator Debbie Stabenow’s surprise decision not to seek a fifth term wiped out the Democrats’ incumbent advantage over the seat, as there was no clear successor in line at the time.

Democrats made big gains in Michigan’s 2022 midterm election, seized control of the House and Senate and secured another term for Gov. Gretchen Whitmer.

Republicans Michael Hoover and Nikki Snyder have entered the race for Stabenow’s Senate seat so far.

On the Democrat side, Rep. Elissa Slotkin, who won an uphill battle for re-election in the House of Representatives at the midterms, is considered the top contender for the seat. Slotkin was endorsed in 2022 by former Rep. Liz Cheney, a Republican whose vocal Criticism of Trump after the Jan. 6 Capitol riots sparked a split with her party’s leadership and much of her base in the House of Representatives.

Sabato’s Crystal Ball and the Cook Political Report both say the Michigan Senate race is rather Democratic.

California

Unlike most other races on this list, the California race has no question that Democrats will hold on to the Senate seat, which is slated to open in 2024.

Democratic Senator Dianne Feinstein, who held the seat for three decades, announced at age 89 that she would retire at the end of her current term.

By then, several Democrats had already started campaigning for her job. The list of candidates declared so far includes MPs Adam Schiff, Katie Porter and Barbara Lee, with more potential candidates on the way.

Feinstein, the oldest member of the US Senate, took a month-long vacation this spring because of health problems. Concerns about Feinstein’s incapacity quickly became a point of contention among Democrats, with some openly calling for the senior senator’s immediate resignation and others defending her. Feinstein’s absence from the Senate Judiciary Committee has slowed Democrat efforts to advance Biden’s nominee for the judiciary.

Nevada

Trump narrowly lost Nevada to Biden in 2020, and his handpicked Republican nominee Adam Laxalt lost an even narrower race for Democratic Senator Catherine Cortez Masto’s seat in 2022.

Now the state’s other Democratic senator, Jacky Rosen, is seeking re-election in 2024. Their list of potential Republican challengers seems thin so far.

Laxalt’s name has surfaced as a potential candidate for Senate 2024, but the former Nevada attorney general pledged in April to help lead a super PAC and encourage Florida Gov. Ron DeSantis to run for president in 2024 .

Sufferers might wait years for brand new medication

Juanmonino | E+ | Getty Images

Seniors with early Alzheimer’s disease will face major hurdles to get treated even if promising new drugs roll out more broadly in the coming years, putting them at risk of developing more severe disease as they wait months or perhaps years for a diagnosis.

The U.S. health-care system is not currently prepared to meet the needs of an aging population in which a growing number of people will need to undergo evaluation for Alzheimer’s, according to neurologists, health policy experts and the companies developing the drugs.

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There are not enough dementia specialists or the needed testing capacity in the U.S. to diagnose everyone who may benefit from a new treatment like Eisai and Biogen‘s Leqembi. After patients are diagnosed, the capacity may not exist — at least initially — to provide the twice monthly intravenous infusions for everyone who is eligible.

Researchers estimate that the wait time from the initial evaluation to the confirmatory diagnostic tests to the infusions could range anywhere from a year and a half to four years or longer. Those months are critical for people with Alzheimer’s.

“The whole process from that time of the family physician conversation to the point of infusion, I worry how long it will take and the complexities of the patient navigating through all of that to successfully get to the end,” Anne White, president of neuroscience at Eli Lilly, which is developing its own Alzheimer’s treatment, told CNBC.

There are promising innovations in development, such as blood tests and injections that patients would take at home, which could make it significantly easier to get diagnosed and treated in the future.

White also said Lilly is confident that more doctors will get into the field and help to alleviate capacity issues, as awareness grows that medicines are entering the market to treat Alzheimer’s.

But time spent waiting robs early patients of their memory and ability to live independently. Alzheimer’s gets worse with time, and as patients deteriorate into more advanced stages of the disease, they no longer benefit from treatments like Leqembi that are designed to slow cognitive decline early.

More than 2,000 seniors transition from mild to moderate dementia from the disease a day, according to estimates from the Alzheimer’s Association. At that stage, they become ineligible for Leqembi.

The central challenge is that a large and rapidly growing group of people have early memory loss and other thinking problems known as mild cognitive impairment. This condition is often, though not always, a sign of early Alzheimer’s disease.

An estimated 13 million people in the U.S. had mild cognitive impairment last year, according to a study published in the Alzheimer’s and Dementia Journal. As the U.S. population ages, the number of people with this condition is expected to reach 21 million by 2060, the study projected.

The U.S. health-care system will deal with major logistical challenges in diagnosing the growing population of people with early Alzheimer’s — even before patients face potential issues with accessing treatment.

“There’s a very large population of undiagnosed cognitive impairments that need to be evaluated in order to determine if people are eligible for treatment,” said Jodi Liu, an expert on health policy at the Rand Corporation.

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Access to drugs like Leqembi is severely restricted because Medicare for now will only cover the $26,500-per-year treatment for people participating in clinical trials. Medicare has promised to provide broader coverage if Leqembi receives full approval from the Food and Drug Administration, which Eisai expects to happen in July.

Eisai has estimated that 100,000 people in the U.S. will be diagnosed and eligible for Leqembi by the third year of the treatment’s rollout. The sum is a fraction of the total population that could benefit.

Those patients could have other options if new treatments emerge from trials with positive marks.

Eli Lilly will publish clinical trial data on its antibody infusion donanemab in the second quarter of this year. If the data is positive, the company will ask the FDA to approve the drug.

Eisai’s U.S. CEO Ivan Cheung and Lilly’s White said during the companies’ respective earnings calls in February that they are focused on working with the U.S. health system to address the challenges of rolling out of Alzheimer’s treatments.

“The primary goal right now during this launch phase […] is really get the market ready in terms of the diagnostic pathway, the infusion capacity, the education on how to monitor for this therapy, get all the hospitals and clinics ready,” Cheung said.

Not enough specialists

Long lines are expected at the offices of geriatricians, neurologists and radiologists as millions of people with mild cognitive impairment undergo evaluation to diagnose whether they have Alzheimer’s disease.

Demand for geriatricians — doctors who are experts in diseases that affect the elderly — is expected to outstrip the number of specialists available in the field through at least 2035, according to projections from the federal Health Resources and Services Administration.

The American Academy of Neurology told Medicare in a February letter that increased demand for Alzheimer’s treatments will put substantial pressure on neurologists, who will need additional resources. The federal data predicts a substantial shortage of these specialists in rural areas through at least 2035.

“You just look at the neurologists, look at geriatricians — there are fewer and fewer geriatricians per person in the U.S.,” Rand’s Liu said. “It’s just a few number of specialists to do this kind of work.”

White said Lilly has heard stories of patients waiting six to 12 months to see a neurologist or other doctors who treat dementia due to current capacity issues.

The number of radiologists — who also play a role in diagnosing the disease — is expected to decline in the U.S. through 2035 even as demand increases, the data shows.

In a study published in 2017, Liu and other Rand researchers estimated an initial wait of 18 months for patients to get evaluated by a dementia specialist, tested to confirm a diagnosis, and then treated in the first year that an Alzheimer’s antibody treatment becomes available. The wait would decrease to 1.3 months by 2030 as the patient backlog is cleared, they estimated at the time.

But more recent research found that the wait would actually increase as demand created by an aging U.S. population outstrips the supply of specialists.

Patients seeking a first specialist visit could face an initial wait of 20 months, according to a study by researchers at the University of Southern California published in the journal Alzheimer’s and Dementia in 2021. The delay could increase to about four years as early as 2028 and grow longer through 2050, the study found.

The journal is published by the Alzheimer’s Association.

Both studies are based on assumptions made before Leqembi received expedited approval from the FDA in January. Actual wait times could differ from the studies’ projections.

PET scans cumbersome

Two types of tests can diagnosis Alzheimer’s disease: PET scans and spinal taps. PET scans are accurate and safe diagnostic tools, but they are also cumbersome and expensive, said Dr. David Russell, a neurologist.

Patients are injected with a tracer that makes brain abnormalities visible to the machine that does the imaging. Tracers have to be made for each patient and used on the same day.

“We don’t have the infrastructure to roll out PET scanning on a major scale,” said Russell, director of clinical research at the Institute for Neurodegenerative Disorders in New Haven, Connecticut. He is the principal investigator on the clinical trials of Leqembi and donanemab at the institute.

Medicare coverage of PET scans for Alzheimer’s patients is also limited right now. The insurance program for seniors will only cover one scan per lifetime, and only when the patient is participating in a clinical trail approved by the federal Centers for for Medicare and Medicaid Services.

“That’s concerning because people may actually test negative at one point but then obviously as they age, they may need to get tested again,” White said.

Early Alzheimer’s disease can also be diagnosed with a spinal tap, in which fluid around the spinal cord is extracted with a catheter and tested. While there’s plenty of capacity to do spinal taps, this option isn’t attractive to many patients due to unfounded fears that it’s painful and dangerous, Russell said.

Though “there’s a lot of resistance” to the procedure, it is well tolerated and safe, he noted.

Rural areas at a disadvantage

The lack of access to PET scans is even more of an issue for patients who live in rural areas.

There are an estimated 2,300 PET scan machines in the U.S., according to a 2021 study published in Alzheimer’s and Dementia. But the machines are often in bigger cities, which puts people in rural areas at a disadvantage.

“There are certainly areas that don’t have a PET scanner, rural areas, so people would need to travel to a health center that has a PET scanner,” Liu said.

In a large, sparsely populated rural state like New Mexico, many patients would have to drive three to five hours to get a PET scan in a city such as Albuquerque, said Dr. Gary Rosenberg, a neurologist and director of the New Mexico Alzheimer’s Disease Research Center.

“It’s not California or the East Coast where everything’s very compressed and people can travel and get to a center pretty easily and go through these kinds of treatments,” Rosenberg said.

The state has an estimated population of 43,000 people with dementia, and there are very few neurologists outside of the Albuquerque area, Rosenberg said. The New Mexico Alzheimer’s Disease Research Center in Albuquerque is one of only three such facilities funded by the federal National Institute of Aging in a vast region stretching west from Texas to Arizona.

To do a PET scan, a tracer has to be made for each patient off-site in Phoenix, flown on a private plane to Albuquerque and used within hours because the tracers have a short shelf life, according to Rosenberg. The whole process costs more than $12,000 per patient, he added.

“It’s logistically going to be very challenging,” Rosenberg said.

IV infusion capacity

After spending months or possibly years waiting to get diagnosed with early Alzheimer’s, patients would then be eligible for intravenous infusions of Leqembi. But the U.S. doesn’t currently have the capacity to give infusions twice monthly for everyone who likely has the disease, Russell said.

“Having an IV infusion every two weeks would sort of ration people to availability and that’s a problem,” Russell said.

The University of New Mexico Hospital is already maxed out with demand for infusion therapies for cancer, rheumatoid arthritis and autoimmune diseases, and could have a “problem” adding new capacity, said Rosenberg.

Intravenous infusions of monoclonal antibodies like Leqembi aren’t difficult to administer, Russell said.

The infrastructure to offer infusions should expand rapidly once industry sees there’s demand for treatments like Leqembi. But the process of building out capacity could still take a couple years, Russell said. He believes big players like CVS will provide infusions for Alzheimer’s disease on a major scale if they see there’s a large and stable market.

“In one sense, capitalism works, and if it looks like that’s going to be the future, I think infusion centers will explode onto the scene,” the neurologist said.

Eisai and Biogen hope to move early Alzheimer’s patients to a single monthly dose of Leqembi after they’ve completed their initial course of twice monthly infusions, which could help alleviate some of the capacity issues with infusions over time. They plan to ask the FDA to approve this plan in early 2024.

Eli Lilly’s Alzheimer’s candidate antibody treatment donanemab is a single monthly dose, potentially making the logistics of administration easier if the drug gets approved. Dr. Dan Skovronsky, Lilly’s chief medical officer, told analysts during the company’s first-quarter earnings call that he expects many patients will be able to stop taking donanemab at 12 months.

Blood tests could reduce wait times

Though the projected wait times to get diagnosed and treated are sobering, innovations on the horizon promise to significantly improve access to Alzheimer’s drugs over time.

Blood tests for Alzheimer’s are in development and some are already on the market. Primary-care doctors could administer the tests, which would ease the burden on patients, especially those in rural communities where the closest PET scan machine is hours away.

These tests detect proteins in the blood associated with Alzheimer’s. They promise to help diagnose the disease before people display cognitive symptoms, potentially giving patients the chance to get treated before they suffer irreparable brain damage, according to the National Institutes of Health.

At least three blood tests made by C2N Diagnostics, Quest Diagnostics and Qaunterix are currently on the market. But they are used to evaluate people who are already presenting symptoms and aren’t available on the mass scale needed for the expected increase in Alzheimer’s patients.

C2N’s PrecivityAD test costs $1,250 and is not covered by insurance — though the company has a financial assistance program. Quest Diagnostics’ AD-Detect test costs $650. Quest’s test is covered by some insurance plans but not Medicare at the moment. The company also has a financial assistance program. Quanterix wouldn’t disclose the price of its test, which insurance does not cover.

Right now, these are not stand-alone tests that can definitively diagnose Alzheimer’s. But the tests could help identify the patients who likely have the disease, which would narrow the population that needs further evaluation and reduce wait times for dementia specialists or confirmatory PET scans.

A study in the journal Alzheimer’s and Dementia estimated that a cognitive test combined with a blood test could slash wait times for dementia specialists from 50 months down to 12 months.

Eisai believes that inexpensive blood tests could completely replace PET scans and spinal taps by the fourth year of Leqembi’s rollout. The quicker diagnosis could increase the number of people eligible for treatment.

Rosenberg said widespread availability of blood tests will allow mobile clinics to go into rural communities and identify who has markers associated with Alzheimer’s. This would allow patients in remote towns avoid the hours-long drive to cities with PET scan machines, Rosenberg said.

“It’s a game changer,” the neurologist said.

Lilly is developing at least two blood tests. The company is already using one test in clinical trials and hopes to commercialize it sometime this year. It is developing a second test through a collaboration with Roche. White said it is reasonable to expect that in a few years blood tests could replace more burdensome PET scans.

Injections could make treatment easier

Biogen and Eisai are also developing an injectable form of Leqembi which patients could administer themselves with an autoinjector similar to insulin pens, saving the trip to a site that provides intravenous infusions. They plan to ask the FDA to approve these so-called subcutaneous injections in early 2024.

Eli Lilly is also conducting clinical trials on an antibody treatment called remternetug as a self-administered injection. But the promise of injections that can be administered at home could make companies reluctant to invest in building out intravenous infusion capacity, Russell said.

In the future, Alzheimer’s diagnosis and treatment could be folded into routine checkups with a family doctor, Russell said. When people turn 50 and head in to get a colonoscopy or a cholesterol check, the doctor could also run a blood test for Alzheimer’s.

If the test comes back positive, the doctor could then schedule patients for an MRI and get them started on an autoinjector treatment, Russell said.

“That’s going to be the way that we’re looking at it in the not too distant future,” he said.

Breaking down the Karl Lagerfeld theme of the 2023 Met Gala

Prepare to see so many double Cs on the first Monday in May.

The 2023 Met Gala is set to pay tribute to the late designer Karl Lagerfeld, with Vogue previously revealing that the theme of this year’s fundraiser is “Karl Lagerfeld: A Line of Beauty.” The exclusive event, which will take place on May 11 and will benefit the Metropolitan Museum of Art’s Costume Institute, is set to “honor” Chanel’s legendary creative director, who passed away in 2019 of complications from pancreatic cancer.

With Karl having helmed some of the world’s most iconic fashion houses (Chloé, Fendi, his own eponymous brand) during his 65 years in fashion, attendees will have plenty of inspiration as they put together their looks for the Met Gala. But what does the topic mean exactly? And what is the dress code for the affair?

Ahead of fashion’s Super Bowl, we’re breaking down everything you need to know about Karl Lagerfeld: A Line of Beauty:

Why GM is Killing the Chevy Bolt EV Amid Report Gross sales

A Chevrolet Bolt EUV on display at the New York Auto Show, April 13, 2022.

Scott Mill | CNBC

DETROIT – After years of lackluster performance and a fire-provoked recall, the all-electric Chevrolet Bolt EV is finally gaining traction General Motors.

As America’s cheapest electric vehicle after significant price cuts, U.S. sales of the Chevy Bolt rose more than 50% last year, and the automaker said it will make a record 70,000 units in 2023.

But instead of continuing to bank on the vehicle’s recent success and increased production, GM CEO Mary Barra said Tuesday the automaker will ramp up production of the vehicle it once called a “real game changer” for the industry and an “EV.” designated hire later this year for each.”

“We are so advanced that now is the time to plan for the cessation of Chevrolet Bolt EV and EUV production, which will happen at the very end of the year,” Barra told investors during a conference call.

Barra’s comments about the vehicle’s cancellation were as quick as a butcher cutting off a chicken’s head, but they spoke volumes when combined with the company’s plans to produce profitable electric vehicles in the years to come.

GM is on track to achieve single-digit profits from its EV portfolio by 2025, when it targets 1 million EV production capacity in North America.

To meet those goals, GM needs the manufacturing capacity, profits, and market positioning of its upcoming next-generation electric vehicles. It doesn’t think it needs the bolt.

production forecasts

For industry experts, the writing was on the wall for the end of Bolt’s days. But the timing of the decision caught many experts unprepared. Expectations were that GM would produce the vehicle at least into the next year.

“It was more sudden than I expected,” said Michelle Krebs, executive analyst at Detroit-based Cox Automotive. “I thought it would eventually go away as new batteries came along and they transitioned to more body shapes, but it struck me as pretty abrupt.”

2024 Sierra EV Denali Issue 1

Source: General Motors

A company spokesman said the timing of the announcement coincided with GM’s need to update suppliers on the end of production and on progress related to the $4 billion the company is spending to convert Bolt’s plant in… Orion Township, Michigan, for GMC Sierra and Chevrolet to issue Silverado electric pickup trucks.

It’s part of GM’s EV strategy to convert existing plants rather than build new ones, although it might be possible in the future. Others such as Ford engine and Hyundai Motor have announced new plants in addition to upgrading existing facilities.

GM has said the conversion saves time and capital, and it’s also given the company the flexibility to partially convert plants and build different gas-powered models in tandem. But in the case of the Orion plant, which exclusively makes the Bolt, it didn’t make sense to go that route because GM believes it needs the extra capacity. Also, the Bolt doesn’t contribute to the company’s bottom line like plants that produce money-making gas-powered vehicles.

Barra said Tuesday that once the Orion plant reopens next year, the company will have a total production capacity of 600,000 EV pickups annually, including a Detroit plant that has been slow to ramp up production of GMC Hummer EVs.

“We will need this capacity because our trucks exceed our customers’ expectations, and we will show that work and EV range are not mutually exclusive concepts for Chevrolet and GMC trucks,” Barra said Tuesday.

Gains linked to Ultium

GM has promised investors that its next-generation electric vehicles, based on a new architecture called Ultium, would be profitable. This is a milestone that the Bolt models, including a larger “EUV” version, would never have achieved.

To generate interest and make the Bolt more affordable, GM slashed entry prices by up to $6,300 for the 2022 model year. The Bolt EV would start at $26,595 followed by the Bolt EUV at $28,195.

“Bolt is selling better than ever since the company lowered the price. On the other hand, that probably means they’re losing more money on this car than ever before,” said Sam Abuelsamid, a senior analyst at Guidehouse Insights. “So they don’t want to keep it going any longer. You lose money with it.”

U.S. President Joe Biden looks at a Chevrolet Silverado EV along with General Motors CEO Mary Barra while touring the 2022 North American International Auto Show at the Huntington Place Convention Center September 14, 2022 in Detroit, Michigan. – Biden attends auto show to highlight electric vehicle manufacturing.

Almond Ngan | AFP | Getty Images

GM expects to achieve low- to mid-single-digit adjusted profit margins for its EV portfolio in 2025, excluding the positive impact of clean energy tax credits as included in the Inflation Reduction Act.

Taking those credits into account, the company expects its new EV portfolio to be as profitable as its conventionally powered cars and trucks by 2025 – years earlier than many thought possible.

While those loans likely would have increased the Bolt’s profit margin as well, the car uses older battery technology purchased from LG, and GM is currently focused on expanding lower-cost internal battery production through a plant it operates as a joint venture with the company South Korean company.

That Ultium ramp-up, plus the cost savings realized with the new EV pickups, mean margin improvements the Bolt couldn’t have realized, especially over the long term.

“As we scale electric vehicles, we will reduce fixed costs and continue to improve margins,” Barra said Tuesday.

mixed reputation

The Bolt will leave a mixed reputation. It was the first “affordable” long-range EV on the market, but it never reached its stated potential.

The Bolt brand name was also damaged after the company recalled all vehicles ever produced in 2020 and 2021 due to fire concerns stemming from defects in supplier-manufacturer batteries. Due to the problem, at least 13 bolts spontaneously caught fire.

A 2019 Chevrolet Bolt EV caught fire at a home in Cherokee County, Georgia on September 13, 2021, according to the local fire department.

Cherokee County Fire Department

Still, GM has touted the Bolt EV as proof of concept for its electric-powered future. The company said the vehicles have attracted new customers, with 75% of Bolt owners making the switch from non-GM vehicles.

Now the company needs a new entry-level EV, and it’s looking to the upcoming Equinox EV, which starts at around $30,000, to fill that gap.

“We think this is our big opportunity here to really get massive adoption, and we have that expectation with the price, the volume, that we’re anticipating,” Scott Bell, Chevrolet’s global vice president, said during a recent media briefing Year. “This is a game changer for us and for the industry.”

Whether the Equinox EV, which is being produced at a plant in Mexico, can really be more of a “game-changer” than the Bolt could be determined later this year when the car goes on sale.

Barra told CNBC’s Phil LeBeau last year that GM expects to ramp up production of the Equinox EV much faster than its current EVs. She said the vehicle should be near full production by the first quarter of next year.

Eli Lilly weight reduction drug tirzepatide knowledge launched

patients who have taken Eli Lilli‘s weight-loss drug, Tirzepatide, lost an average of up to 34 pounds, or 16% of her body weight, the company said in clinical trial results released Thursday.

Eli Lilly plans to complete its application for approval of the drug by the Food and Drug Administration in the coming weeks, and expects regulatory action later this year. The FDA approved tirzepatide for type 2 diabetes last year, but the drug isn’t approved for weight loss.

related investment news

Eli Lilly's higher forecast, Mounjaro dates, set the club name up for a solid 2023CNBC Investing Club

The approval would “open up the opportunity for many more people to benefit from tirzepatide,” Eli Lilly CEO David Ricks said on CNBC’s “Squawk Box” on Thursday. He added that the drug sets a “new bar for weight loss and people with diabetes.”

The data comes as companies seek to capitalize on increased consumer demand for weight loss treatments. Some experts have criticized the increased use of the drugs as a potentially harmful extension of diet culture.

The phase 3 study followed 938 adults who were overweight and had type 2 diabetes. Patients who took a 10-milligram version of the injection lost an average of almost 30 pounds after 72 weeks, while those who took 15 milligrams lost an average of 34 pounds.

Patients in the placebo group who did not receive the injection lost an average of 7 pounds.

Around 86% of the patients in the study taking tirzepatide lost at least 5% of their body weight, compared with around 30% in the placebo group.

A pharmacist displays a box of Mounjaro, a tirzepatide injection drug used to treat type 2 diabetes, manufactured by Lilly at the Rock Canyon Pharmacy in Provo, Utah May 29, 2023.

George Frey | Reuters

The level of mean weight loss observed in the study “has not been reached previously in Phase 3 studies for obesity or overweight and type 2 diabetes,” said Jeff Emmick, Eli Lilly’s senior vice president of product development. in a statement.

Tirzepatide also reduced levels of A1C, which measures the body’s average blood sugar levels over the past three months. Elevated A1C levels are associated with a higher risk of diabetes complications.

Eli Lilly said it will continue to monitor the results of the study. The company will present the findings at an American Diabetes Association conference in June and will submit the research to a peer-reviewed journal.

The weight loss in the study was “substantial and clinically highly meaningful,” said Dr. Robert Gabbay, the ADA’s chief scientific and medical officer, in a statement

According to Gabbay, the weight loss was less than what was reported in an earlier clinical trial of tirzepatide, which looked at the drug in patients with obesity but not diabetes. Patients taking tirzepatide in this 2022 study lost up to 22.5% of their body weight.

But Gabbay said the difference in weight loss between the new study and the non-diabetes study is consistent with other weight loss drug research.

CNBC Health & Science

Read CNBC’s latest global health coverage:

Drugs like Tirzepatid and Rivale Novo Nordisk‘s Ozempic and Wegovy have catapulted themselves into the national limelight in recent years for being “weight loss miracles.”

Social media influencers, Hollywood celebrities and even billionaire tech mogul Elon Musk have reportedly used the popular injections to shed unwanted weight.

But experts say the drugs could further perpetuate a dangerous diet culture that idealizes weight loss and thinness.

Some patients who stop taking the medication also complain of weight gain that is difficult to control.

Tirzepatide works by mimicking two hormones naturally produced in the gut called GLP-1 and GIP. The hormones signal the brain when a person is full and suppress their appetite.

Ozempic and Wegovy only target GLP-1. Patients taking Ozempic lost nearly 15% of their body weight in a 2021 clinical trial.

Eli Lilly earlier this month registered a new clinical trial that will test tirzepatide versus Wegovy in 700 obese or overweight patients with weight-related health problems. The company expects to complete the study in 2025.

GOP strategist says that is the start of the tip for Ron DeSantis

Republican strategist Rina Shah said Ron DeSantis has shown he knows how to start but not finish a fight, and we’re watching the beginning of the end of his hopes for 2024.

Video:

Shah said on MSNBC when asked if Disney is suing DeSantis:

Well I think it’s really clear that Ron Desantis knows how to start a fight, but he doesn’t know how to end that fight. And that’s the real crux of the matter here, that the Republicans are very excited, and these are the financiers that we say Ron is our type. But what we’re beginning to see now is that he reveals himself. We’ve heard whispers in Washington about his brief stint as a congressman that he’s a largely insecure person who doesn’t seem to have any real legislative priorities. He had this naked ambition, obviously for the presidency, for which he didn’t even announce the primary.

So what I’m seeing here is the beginning of the end for Ron Desantis and I’m just not sure where that’s going to take us. Aside from being left in a place where he really isn’t the person to take on Donald Trump, it’s been talked about a lot. And essentially, a lot of staunch Republicans — I’m sorry, after Trumpers who are pretty sure Ron’s our type as a Republican — lead them to wonder, is that still our type?

DeSantis’ own donors are calling for his campaign to be postponed and a change in strategy because they view what the Florida governor is currently doing is not working.

Then there was the UK, where DeSantis received terrible reviews during his meeting with business leaders in London. DeSantis was described to Politico as: “He’s been to five different countries in five days and he definitely looked exhausted, but his message wasn’t presidential. He was horrible.”

Who can forget DeSantis howling during his overseas trip?

NOT. READY. FOR. PRIME. TIME.
Today, Desantis is melting outside the protective bubble of its carefully controlled, scripted FL events. pic.twitter.com/wV4t760Y1d

— Ron Filipkowski (@RonFilipkowski) April 27, 2023

The Super PAC Never Back Down supporting DeSantis released a virtual campaign launch ad that was more Orwellian than motivational:

DeSantis doesn’t interact well with people. The video is an example of his need for distance from people. DeSantis is not involved on a personal level. He seems to view the voter’s role as one of passive allegiance.

The ad ends with people deciding to follow their new leader by putting a DeSantis sign in their front yard and replacing their Trump bumper stick with DeSantis.

The video is not inspirational. It’s Fahrenheit 451 level scary.

Ron DeSantis shows he’s not ready to sit at the grown-up table in the 2024 presidential election.

DeSantis doesn’t think he needs to change his strategy. Florida governor is likely to be rolled by Trump.

It seems DeSantis has a presidential campaign that manages to flounder before it even begins.

Jason is the managing editor. He is also a White House press pool and congressional correspondent for PoliticusUSA. Jason has a bachelor’s degree in political science. His thesis focused on public policy with a specialization in social reform movements.

Awards and professional memberships

Member of the Society of Professional Journalists and the American Political Science Association

Younger Thug submits fourth movement to be printed on Bond

Young Thugs The legal team has asked the court for a fourth time to grant him bail. his lawyer Brian Stahl says his client “is languishing in county jail,” according to a recent filing.

In the application, filed on April 24 and received by 11Alive, Steel says Thugger cannot stay healthy, noting that his client has limited options for healthy eating.

Attorney: Young thug cannot eat healthily and gets little fresh air or sunlight

He claims the rapper relies on foods with “zero health benefits” like chocolate and chips.

In addition, the rapper has had little access to fresh air and sunlight since May 2022. The only exception is transportation to and from the courthouse. Movement is also restricted due to his small prison cell.

RELATED: (Video) Young thug allegedly received percocet from co-defendant in courthouse, three smuggling incidents delay YSL trial

Steel went on to claim that the rapper is constantly “sleep deprived” because he only gets five hours of sleep each night, and when he appears in court he has to wake up at 3 or 4 a.m., the outlet reports.

The conditions have left Thugger unable to give his case proper attention

His attorney added that the conditions left Thugger unable to pay attention and stay on top of his case.

“By the end of the week, Mr. Williams is struggling to draw attention to what is happening in his case,” Steel said in the filing.

Steel eventually moved that the court consider granting Williams bond and that, according to 11Alive, “conditions may be imposed permitting bail to be fixed.”

Thugger, legal name Jeffrey WilliamsHe has been in custody since being arrested and charged with being the leader of the Young Slime Life gang. The alleged gang reportedly claim affiliation with the Bloods.

The Case: A brief look back at the first anniversary of the original indictment

Thug faces a 2018 charge of gang activity as well as a 2013 charge of conspiracy to violate the thug-influenced and corrupt organizations (RICO Act).

Thug has maintained his innocence throughout the trial, having been plagued by several issues from the start. This includes the arrest of a lawyer, Anastassios Manettas, representing another defendant in the case.

Jury selection in the YSL RICO trial now enters its fifth month of hearings.

Meanwhile, next month will mark a year since prosecutors filed the original indictment alleging that YSL committed nearly 200 criminal acts in its capacity as a street gang.

The YSL-RICO trial is on track to break records as the longest criminal trial in Fulton County history, reports 11Alive.

United Airways’ reworked cabins are dealing with provide chain delays

United Airlines seat backs

Courtesy United Airlines

United AirlinesThe plan to refresh the cabins of its older narrow-body aircraft is behind schedule due to supply chain strains, the airline told CNBC this week. Upgrades include larger premium cabins, seatback entertainment screens on all aircraft, Bluetooth capabilities, and other amenities.

The Chicago-based airline previously expected to have 100 of its narrow-body aircraft retrofitted with the new interior by the end of the year, but now expects 60 to be ready by then, a spokeswoman said.

“The reality is the supply problems across the board [inflight entertainment] Systems, chips, seats and many other things are just more challenging than ever in our business,” said Andrew Nocella, United’s chief commercial officer, on a conference call last week.

United introduced the refurbished cabins in June 2021 after ordering 270 new ones Boeing and Airbus narrow-body jets, an attempt to refresh its brand as airlines compete for passengers amid travel declines, particularly high-spending passengers.

United has also said it expects to sell more premium seats on every departure than any other airline in North America by 2026, as travelers compete for elusive upgrades and the ranks of elite travelers swell with heaps of frequent flyer points.

United’s Nocella said last week that the airline will have several production lines this summer to redesign the interiors of the narrow-body aircraft to pick up the pace.

The airline expects about one in three aircraft in its narrow-body fleet, including new aircraft, to have the upgraded interior by the end of the year.

“It’s just going to take a little bit longer than we originally planned,” he said. A United Airbus A319 was recently modified and should be flying soon, he added.

The airline had set a target of 2025 to complete the narrow-body upgrades, but it’s unclear if United will meet that goal.

Separately, United said that by August all of its widebody aircraft will be equipped with Premium Economy seats and Polaris seats, the airline’s top-tier class on international and other long-haul routes.

Other airlines like JetBlue And Delta Airlines have also added amenities to their aircraft in recent years, upgrading their first-class classes, installing new seats and adding some services including free WiFi.

Delta executives have said that sales growth for premium seats like business class or premium economy has outpaced sales of standard coaches.

“We’re seeing a lot of stickiness on these products,” Glen Hauenstein, Delta’s president, said earlier this month on the company’s quarterly conference call. “Once you start flying in those cabins, you tend not to come back.”