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Walgreens tops estimates as drugstore chain cuts costs, prepares to go private

Walgreens tops estimates as drugstore chain cuts costs, prepares to go private

Business News

A sign for US drugstore chain Walgreens is displayed outside its store in New York City on March 7, 2025. Angela Weiss | AFP | Getty Images Walgreens on Tuesday reported fiscal second-quarter earnings and revenue that topped expectations, as the retail drugstore giant benefits from cost cuts and prepares to go private. The company […]

Walgreens tops estimates as drugstore chain cuts costs, prepares to go private Read More »

Fake job seekers are flooding U.S. companies that are hiring for remote positions, tech CEOs say

Fake job seekers are flooding U.S. companies that are hiring for remote positions, tech CEOs say

Business News

An image provided by Pindrop Security shows a fake job candidate the company dubbed “Ivan X,” a scammer using deepfake AI technology to mask his face, according to Pindrop CEO Vijay Balasubramaniyan. Courtesy: Pindrop Security When voice authentication startup Pindrop Security posted a recent job opening, one candidate stood out from hundreds of others. The

Fake job seekers are flooding U.S. companies that are hiring for remote positions, tech CEOs say Read More »

GM reveals Corvette EV concept car as it reconfirms commitment to Europe

GM reveals Corvette EV concept car as it reconfirms commitment to Europe

Business News

An angle view of the new Chevrolet Corvette concept car. GM DETROIT — General Motors on Monday revealed a new all-electric Chevrolet Corvette concept car as part of the opening of a new design studio in England. The car features a sleek, aerodynamic exterior that resembles a futuristic IMSA race car more than a traditional Corvette, but

GM reveals Corvette EV concept car as it reconfirms commitment to Europe Read More »

Restaurant stocks fall as investors fear recession, sales slowdown

Restaurant stocks fall as investors fear recession, sales slowdown

Business News

Following announcements of layoffs, a Starbucks store is shown in Encinitas, California, U.S., February 24, 2025. REUTERS/Mike Blake Mike Blake | Reuters Restaurant stocks fell in morning trading Monday, fueled by investors’ fears that a recession is coming. U.S. stocks have tumbled for three consecutive days after President Donald Trump shocked the markets with high

Restaurant stocks fall as investors fear recession, sales slowdown Read More »

Auto sales are on a ‘roller coaster ride’ as tariffs are expected to increase prices

Auto sales are on a ‘roller coaster ride’ as tariffs are expected to increase prices

Business News

DETROIT — Prices of new and used vehicles in the U.S. are expected to notably increase this year amid President Donald Trump’s 25% auto tariffs, according to a new analysis from industry experts at Cox Automotive. The automotive data and advisory firm expects the levies to add thousands of Dollars to the costs of new

Auto sales are on a ‘roller coaster ride’ as tariffs are expected to increase prices Read More »

JPMorgan CEO Jamie Dimon says Trump tariffs will boost inflation, slow an already weakening U.S. economy

JPMorgan CEO Jamie Dimon says Trump tariffs will boost inflation, slow an already weakening U.S. economy

Business News

Jamie Dimon, CEO of JPMorgan Chase & Co., speaks during the 2025 National Retirement Summit in Washington, D.C., on March 12, 2025. Al Drago | Bloomberg | Getty Images JPMorgan Chase CEO Jamie Dimon said Monday that tariffs announced by President Donald Trump last week will likely boost prices on both domestic and imported goods,

JPMorgan CEO Jamie Dimon says Trump tariffs will boost inflation, slow an already weakening U.S. economy Read More »

Automakers seek ‘opportunity in the chaos’ of Trump’s tariffs

Automakers seek ‘opportunity in the chaos’ of Trump’s tariffs

Business News

Trucks are shown from a drone view after clearing U.S. Customs and entering the United States from Tijuana along the U.S. Mexico border at Otay Mesa port in San Diego, California, U.S. April 2, 2025.  Mike Blake | Reuters DETROIT — As President Donald Trump’s 25% tariffs on imported vehicles were set to take effect,

Automakers seek ‘opportunity in the chaos’ of Trump’s tariffs Read More »

Medicare, Medicaid agency cuts jobs from minority health office, other divisions, as RFK Jr. guts U.S. health department

Medicare, Medicaid agency cuts jobs from minority health office, other divisions, as RFK Jr. guts U.S. health department

Business News

An aerial of the Centers for Medicare & Medicaid Services building on March 19, 2025 in Woodlawn, Maryland.  Kayla Bartkowski | Getty Images The Centers for Medicare & Medicaid Services has slashed jobs from its minority health office and other divisions, CNBC has learned, as Robert F. Kennedy Jr. upends the U.S. health department.  During

Medicare, Medicaid agency cuts jobs from minority health office, other divisions, as RFK Jr. guts U.S. health department Read More »

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