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There is no need for Costco members to worry about inflating food court prices if they can cut out food cravings.

Costco has launched a subscription-based weight loss program for members and non-members of the nationwide wholesaler — which includes access to prescription weight-loss drugs.

The wholesaler announced on Tuesday that members will pay as low as $179 for a three-month subscription to utilize resources from their healthcare partner Sesame, according to a statement.

But never fear, non-Costco card holders for only $195 per subscription period, non-members can enjoy all the benefits of the latter.

Sesame claims it’s the “most affordable weight loss program in the US.”

“We are witnessing important innovations in medically-supervised weight loss,” Sesame’s co-founder and CEO David Goldhill said in the statement.

“Sesame’s unique model allows us not only to make high-quality specialty care like weight loss much more accessible and affordable, but also to empower clinicians to create care plans that are specific to and appropriate for each individual patient.”

Once an account is made through Sesame and has been verified with a Costco membership, customers belonging to the wholesaler can expect things like choice in their clinician, three months of clinical consultation, video consultation with the clinician, a nutritional guide and recommendations, and an “individualized, clinically-appropriate treatment program.”

The weight-loss program also includes access to GLP-1 prescription weight-loss drugs that have been sweeping the nation but will be on a patient-to-patient basis.

Injectable semaglutides like Ozempic and Wegovy and other oral weight-loss medications will be available only if a provider from Seasame finds the customer to be an applicable candidate, according to the program.

According to the Seasame, patients could lose 5% of their body weight within three months, 10% in six months, and 15% in a year if they stick with their individualized programs.

The New York-based telehealth company said its clinicians will collect a “detailed medical history from each patient” to plan “appropriate diet, exercise and lifestyle modifications” for individual subscribers.

“When clinically appropriate, the clinician may also pair these interventions with medications, subject to their availability.”

While the focus may be on its offer of virtual care, the company also has some in-person care available.

Costco started offering customers visits with a primary care physician through Sesame in the fall for as low as $29 a visit.

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However, the move to expand came after the two companies noticed that a majority of customers using the program were inquiring about help with losing weight.

“It wasn’t what we initially thought would make sense to offer for Costco members who were coming to Sesame,” Sesame’s other co-founder, Michael Botta, told CNN.

“But we realized pretty quickly, just by looking at what people were curious about, that there was a clear unmet need here,” he said.

Costco’s partnership with Sesame makes it the latest retailer to jump on remote access for third-party healthcare providers.

Amazon launched its remote healthcare platform, Amazon Clinic, in August, and Walmart offers in-store medical clinics for its customers.

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World

Buddhist monk sex scandal grips Thailand as woman arrested

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Buddhist monk sex scandal grips Thailand as woman arrested

A sex scandal has rocked Thailand’s Buddhist clergy after a woman allegedly enticed a string of monks into having sex with her and then blackmailed them.

At least nine abbots and senior monks have been disrobed and cast out of the monkhood, the Royal Thai Police Central Investigation Bureau said.

Wilawan Emsawat, in her mid-30s, is accused of enticing senior monks into having sex with her and then pressuring them into making large payments to cover it up.

Thai monks are largely members of the Theravada sect, which requires them to be celibate and refrain from even touching a woman.

Several monks transferred large amounts of money after Wilawan initiated romantic relationships with them, police said -her bank accounts received around 385 million baht (£8.8m) in the past three years, with most of that spent on gambling websites.

Wilawan was arrested at her home in Nonthaburi province, north of the capital Bangkok, on charges including extortion, money laundering and receiving stolen goods.

Thai media reported a search of her mobile phones revealed tens of thousands of photos and videos, as well as numerous chat logs indicating intimacy with several monks, many of which could be used for blackmail.

Thailand's Central Investigation Bureau holding a press conference in Bangkok
Image:
Thailand’s Central Investigation Bureau holding a press conference in Bangkok. Pic: Central Investigation Bureau/AP

An investigation was launched last month after an abbot of a famous temple in Bangkok abruptly left the monkhood.

He had allegedly been blackmailed by Wilawan over their romantic relationship, investigators found.

She told the monk she was pregnant and asked him to pay her 7.2 million baht (£165,000), Jaroonkiat Pankaew, a Central Investigation Bureau deputy commissioner, said at a news conference in Bangkok on Tuesday.

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Acting Prime Minister Phumtham Wechayachai ordered authorities to review and consider tightening existing laws related to monks and temples, especially the transparency of temple finances, to restore faith in Buddhism, government spokesperson Jirayu Houngsub said on Tuesday.

The Central Investigation Bureau has set up a Facebook page for people to report monks who misbehave, Mr Jaroonkiat said.

“We will investigate monks across the country,” he said. “I believe that the ripple effects of this investigation will lead to a lot of changes.”

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Technology

Crypto accumulator DeFi Development to expand globally by franchising its Solana treasury model

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Crypto accumulator DeFi Development to expand globally by franchising its Solana treasury model

Omar Marques | Sopa Images | Lightrocket | Getty Images

DeFi Development, a company vying to be the MicroStrategy of Solana, is expanding internationally through a franchise model.

The company plans to partner with others looking to operate their own Solana treasuries with DeFi’s support. In return, DeFi Development will retain an equity stake in each regional vehicle. The initiative will be branded DFDV Treasury Accelerator.

“Most crypto treasury vehicles today are following the MicroStrategy model. What excites us about DFDV is that they’re not just copying the playbook. They’re evolving it,” said Cosmo Jiang, general partner at investor Pantera Capital. “By combining validator infrastructure, capital markets innovation, and now international expansion via a global franchising model, DFDV is building something structurally different and ahead of the curve.”

Pantera was also an anchor investor in Bitmine Immersion Technologies, an ether treasury firm backed by Peter Thiel and chaired by Fundstrat’s Tom Lee. Kraken, Arrington, RK Capital and Borderless Capital may also support the franchise initiative through a potential investment and treasury and fundraising guidance, as well as infrastructure – which could include validator and custody solutions.

The move comes amid an explosion in companies pursuing crypto treasury strategies or merging with public entities to be able to emulate MicroStrategy’s success investing in bitcoin. In addition to Bitmine, the publicly listed betting platform SharpLink Gaming in May initiated an ether treasury strategy and appointed Ethereum co-founder Joseph Lubin as chairman of its board. Bit Digital recently exited bitcoin mining to focus on its ETH treasury and staking plans.

Solana is a five-year-old public blockchain platform that promises to provide fast transaction speeds as well as low fees for developers and users. Solana’s value is up 7% over the past year, with a nearly 10% gain within the past month, according to Coin Metrics.

In addition to accumulating Solana tokens, the company will acquire validators (the computers that help run the Solana network by verifying transactions) that can be used to “stake” the tokens. Through staking, users earn rewards for locking up SOL tokens on the network.

DeFi Development this week introduced its first SOL per share guidance, saying it plans to reach 1 SOL per share by 2028. With 857,749 SOL held currently and 18.8 million shares outstanding, its SOL per share stands at 0.0457, it said.

Don’t miss these cryptocurrency insights from CNBC Pro:

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Environment

They’re real, and they’re spectacular: Ford launches Bronco EV and EREV

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They're real, and they're spectacular: Ford launches Bronco EV and EREV

Last night, Ford released a pair of electrified Ford Bronco models – a pure battery-electric version packing a massive 105.4 kWh battery pack and an EREV version with its own whopping 43.7 kWh battery and 800 miles of combined range. That’s the good news.

The bad news? You’ll probably never see either them.

Ford Authority reports that these Bronco New Energy models (“new energy” is name often given to electrified vehicles in China) will be produced in China by Jiangling Ford exclusively for the Chinese market. But, while the New Energy versions may look like their ICE-powered cousins, that’s where the similarities seem to end.

It’s its own thing


Bronco New Energy is smaller, narrower; via MIIT, Ford.

Developed specifically for the Chinese-market and apparently designed for more on-road driving, the Bronco New Energy is visually similar to “our” Bronco Sport, but reportedly much, much larger. “At roughly 198 inches long,” reports The Drive, “this Bronco is about nine inches longer than a gas four-door and has more than two feet on a Sport. It also carves a wider footprint than all Stateside models except the widened Wildtrak, and weighs around 5,800 pounds.”

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The EREV version of the Bronco New Energy reportedly weighs in a bit under that, at “just” 5,500 lbs.

Powering the big battery-electric Ford Bronco features a pair of electric drive motors, a 130 kW (~175 hp) unit up front and a 202 kW (~270 hp) unit at the rear for AWD performance. They’re powered by a 105.4 kWh LFP “blade” battery from BYD’s FinDreams subsidiary, which also provides similar batteries to Tesla’s Gigafactory in Shanghai.

That battery/motor configuration is reportedly efficient enough to give Ford Bronco EV buyers up to 650 km of driving range, or just over 400 miles on the Chinese WLTP cycle.

The EREV version makes do with “just” 43.7 kWh of battery – but that’s an EV battery all on its own in some markets, and with more than 200 km of electric-only range (over 130 miles), the 1.5L turbocharged ICE genset probably won’t get much use. That said, once it does kick on the combined gas-electric hybrid system will reportedly travel more than 1,220 km (~750 miles) before it needing to get topped off.

Those specs come from Chinese auto industry analyst Tycho de Feijter, and I’ve included his original tweet about the reveal, below.

The photos, from the Chinese Ministry of Industry and Information Technology (MIIT) also hints at a new ADAS cluster above the windscreen that seems to incorporate LiDAR and sensors at the front fenders. There’s no word on whether this is the rumored “Level 3” autonomous tech stack Ford has been teasing since last June, but a high-profile launch like the company’s first-ever electric Bronco in a critical market like China makes a ton of sense to me.

The Ford Bronco New Energy EV and EREV models are expected to launch in China later this year. Pricing and options have yet to be announced.

Electrek’s Take


New Energy Bronco options; by Ford, via FordAuthority.

An all-electric or even EREV Ford Bronco like this one – a bit more mainstream and less off-road focused than the 60s-inspired we have now – would do great numbers in the US as a rival to the Kia EV9, Rivian R1S, or six-passenger Model Y (I know the X is a better comparison, but no one’s buying those). Under the current Trump Administration and franchise dealer body, though, an EREV might receive a warmer welcome. But while Ford has said that it plans to offer extended-range EVs in the US under a variety of nameplates, those are at least two years away.

IMAGES: MIIT, Ford.


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