CVS said Wednesday that it plans to acquire or take a stake in a primary-care company by the end of the year, as competition heats up with Amazon and Walgreens. CEO Karen Lynch said on the company's… [+2105 chars]
Estimated read time: 2-3 minutes ATLANTA Prices at the pump continue to sink, providing relief to inflation-weary consumers and an economy mired in a slowdown. The national average for regular gaso… [+1906 chars]
Semiconductor chips are sorely needed right now, especially for the auto industry. Its why new cars are hard to come by, and also why some manufacturers have lots full of hundreds even thousands of v… [+1783 chars]
FRAMINGHAM, Mass. —TJX Companies Inc., the Massachusetts-based parent company of TJ Maxx, Marshalls and HomeGoods, has agreed to pay a $13 million fine to settle allegations that it knowingly sold re… [+1532 chars]
Walmart is cutting hundreds of corporate roles in a restructuring effort, according to people familiar with the matter, a week after the retail giant warned of falling profits.The retailer began no… [+288 chars]
Its an embrace of industrial policy not seen in Washington for decades. Gary Hufbauer, a nonresident senior fellow at the Peterson Institute for International Economics who has surveyed U.S. industri… [+3156 chars]
Under Armour on Wednesday cut its profit forecast for the fiscal year 2023 as more promotions on its athletic apparel ate into margins. The company now expects earnings per share for the full year t… [+1625 chars]
President Bidens trip to Saudi Arabia was deemed a failure by analysts after oil-producing states announced Wednesday that they would boost output by just 100,000 barrels a day starting next month a… [+4382 chars]
The man accused of shooting a Brooklyn McDonalds worker in the face during a spat over cold french fries confessed to an earlier murder a killing he had gotten away with until the fast food fracas, p… [+2895 chars]
PayPal has only known a growth, growth, growth mindset under long-time CEO Dan Schulman. That mindset officially ended as of August 2 as PayPal switches tactics to appease activist investor Elliott … [+4062 chars]