Apr 30, 2019

HealthEquity makes $2 billion buyout offer for WageWorks

HealthEquity, a major provider of tax-advantaged health savings accounts, is looking to buy WageWorks for $2 billion, or $50.50 per share in cash. WageWorks has not accepted the offer yet.

Between the lines: HealthEquity CEO Jon Kessler founded WageWorks, which helps companies manage tax-free commuter benefits for employees in addition to health savings accounts. Kessler is an outspoken evangelist for HSAs, but critics have argued the savings accounts disproportionately help higher-income people, who have more money to save for health care costs.

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Orion Rummler
21 mins ago - Technology

Twitter launches warnings on election misinformation and delays

Photo: courtesy of Twitter

Twitter will start pinning notices to the top of all U.S. Twitter users’ timelines warning that results in next week’s election may be delayed and that they may encounter misinformation on mail-in voting.

Why it matters: Delayed election results are expected across many states that are handling unprecedented amounts of absentee and mailed ballots, which President Trump has baselessly called "very dangerous" and "corrupt."

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Miriam Kramer, author of Space
29 mins ago - Science

NASA confirms water exists on sunny parts of the Moon

Photo: NASA/JPL/USGS

Water on the Moon might be more easily accessible than previously thought, opening up new possible avenues for future human exploration, according to a new study.

Why it matters: NASA is aiming to send people back to the Moon as part of its Artemis program by 2024, with plans to eventually create a sustainable presence on the lunar surface. That sustainability relies on mining the moon for its resources, like water.

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Axios
Updated 57 mins ago - Politics & Policy

Pence no longer expected at Amy Coney Barrett's final confirmation vote

Photo: Ben Hasty/MediaNews Group/Reading Eagle via Getty Images

Vice President Mike Pence no longer plans to attend the Senate's final confirmation vote for Judge Amy Coney Barrett, a Pence aide confirmed to CNN and Politico on Monday. On Sunday, Senate Democrats claimed that his presence after possible exposure to the coronavirus would be a "violation of common decency."

Driving the news: Five of Pence's aides were recently diagnosed with COVID-19, including his chief of staff, who is currently quarantining. Pence has continued his campaign travel despite his possible exposure, which goes against CDC guidelines.

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