Business
Walgreens plans store closures as CEO says consumers are ‘stunned’ by prices
Walgreens is planning potentially sweeping store closures as it faces what its CEO called a “challenging” environment for pharmacies and...
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Warren Buffett gives away another $5.3 billion, says his children will manage estate
Warren Buffett on Friday made his biggest annual donation to date, giving $5.3 billion worth of Berkshire Hathaway shares to five charities....
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Key fed inflation gauge cools to its slowest rate in over three years
An important economic measure for the Federal Reserve showed Friday that inflation during May slowed to its lowest annual rate...
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YouTube is dominating the living room, forcing media companies to decide whether it’s friend or foe
It’s been almost 20 years since the founding of Alphabet’s YouTube, and Hollywood still doesn’t really know what to do with it....
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Walgreens plans store closures as CEO says consumers ‘stunned’ by prices
Walgreens is planning potentially sweeping store closures as it faces what its CEO called a “challenging” environment for pharmacies and...
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Biden administration to lower costs for 64 drugs through inflation penalties on drugmakers
The Biden administration on Wednesday said it will impose inflation penalties on 64 prescription drugs for the third quarter of this year, lowering...
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Rivian secures up to $5 billion from Volkswagen; shares soar 40%
Volkswagen plans to invest up to $5 billion in electric vehicle startup Rivian, starting with an initial investment of $1 billion. The...
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Amazon plans to launch discount store in bid to fend off Temu and Shein
Amazon plans to launch a new section on its site dedicated to low-priced fashion and lifestyle items that will allow Chinese...
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Inflation vs. wages: How rising prices stack up against growing pay
It’s a key question on voters’ minds heading into Thursday night’s presidential debate: How far does my dollar go in...
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Amazon reaches $2 trillion market cap for the first time
Amazon shares climbed more than 3% in intraday trading on Wednesday, pushing the company’s market cap past $2 trillion for the...
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