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Walgreens results top estimates as drugstore chain works to slash costs

Walgreens results top estimates as drugstore chain works to slash costs

Business News

People walk by a Walgreens on Nov. 3, 2024 in Brookline, Massachusetts. Danielle DeVries | CNBC Walgreens on Friday reported fiscal first-quarter earnings and revenue that topped expectations, as it shutters stores and cuts other costs to steer itself out of a rough spot. Here’s what Walgreens reported for the three-month period ended Nov. 30 […]

Walgreens results top estimates as drugstore chain works to slash costs Read More »

Delta outlook tops estimates as CEO expects 2025 to be airline’s ‘best financial year in our history’

Delta outlook tops estimates as CEO expects 2025 to be airline’s ‘best financial year in our history’

Business News

Ed Bastian, CEO of Delta Airlines, speaking on CNBC’s Power Lunch on Dec. 17th, 2024. Adam Jeffery | CNBC Delta Air Lines‘ first-quarter outlook on Friday topped analyst expectations as the carrier forecast strong travel demand to start the year, which CEO Ed Bastian said will likely be the carrier’s best ever. Delta said it

Delta outlook tops estimates as CEO expects 2025 to be airline’s ‘best financial year in our history’ Read More »

Nvidia’s tiny ,000 computer steals the show at CES

Nvidia’s tiny $3,000 computer steals the show at CES

Finance News

Nvidia CEO Jensen Huang speaks about Project Digits personal AI supercomputer for researchers and students during a keynote address at the Consumer Electronics Show (CES) in Las Vegas, Nevada on January 6, 2025. Gadgets, robots and vehicles imbued with artificial intelligence will once again vie for attention at the Consumer Electronics Show, as vendors behind

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Microsoft contributes million to Trump’s inauguration fund

Microsoft contributes $1 million to Trump’s inauguration fund

Technology News

President Donald Trump shakes hands with Microsoft CEO Satya Nadella during an American Technology Council roundtable at the White House in Washington on June 19, 2017. Nicholas Kamm | AFP | Getty Images Microsoft said Thursday that it’s contributing $1 million to President-elect Donald Trump’s inauguration fund. The software maker is now more closely aligned

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Microsoft confirms performance-based job cuts across departments

Microsoft confirms performance-based job cuts across departments

Technology News

Microsoft Chairman and CEO Satya Nadella speaks at a press briefing on the company’s campus in Redmond, Washington, on May 20, 2024. Jason Redmond | AFP | Getty Images Microsoft is cutting a small percentage of jobs across departments, based on performance, the company confirmed to CNBC on Wednesday. “At Microsoft we focus on high-performance

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VW’s Scout has more than 50,000 reservations for upcoming EVs as automaker aims to grow U.S. share

VW’s Scout has more than 50,000 reservations for upcoming EVs as automaker aims to grow U.S. share

Business News

Scout Terra pickup truck and Scout Traveler SUV concepts Scout LAS VEGAS — Scout Motors has received more than 50,000 refundable reservation deposits for its first electric pickups and SUVs, according to Volkswagen CEO Oliver Blume. Volkswagen revived Scout, which was an American brand from 1961 to 1980, and revealed production-intent vehicles of its Terra pickup truck

VW’s Scout has more than 50,000 reservations for upcoming EVs as automaker aims to grow U.S. share Read More »

Disney says about 157 million global users are streaming content with ads

Disney says about 157 million global users are streaming content with ads

Business News

The atmosphere at the Disney Bundle Celebrating National Streaming Day at The Row in Los Angeles on May 19, 2022. Presley Ann | Getty Images Entertainment | Getty Images Disney said Wednesday it has an estimated 157 million global monthly active users watching ad-supported content across its streaming platforms — Disney+, Hulu and ESPN+. That

Disney says about 157 million global users are streaming content with ads Read More »

Nvidia’s Jensen Huang is ‘dead wrong’ about quantum computers, D-Wave CEO says

Nvidia’s Jensen Huang is ‘dead wrong’ about quantum computers, D-Wave CEO says

Technology News

D-Wave Quantum CEO Alan Baratz said Nvidia’s Jensen Huang is “dead wrong” about quantum computing after comments from the head of the chip giant spooked Wall Street on Wednesday. Huang was asked Tuesday about Nvidia’s strategy for quantum computing. He said Nvidia could make conventional chips that are needed alongside quantum computing chips, but that

Nvidia’s Jensen Huang is ‘dead wrong’ about quantum computers, D-Wave CEO says Read More »

Medicare can now cover Eli Lilly’s Zepbound for sleep apnea, Health Department agency says

Medicare can now cover Eli Lilly’s Zepbound for sleep apnea, Health Department agency says

Business News

An injection pen of Zepbound, Eli Lilly’s weight loss drug, is displayed in New York City on Dec. 11, 2023. Brendan McDermid | Reuters Medicare drug plans can now cover Eli Lilly‘s blockbuster obesity drug Zepbound for obstructive sleep apnea, CNBC confirmed on Wednesday.  That opens the door for broader access to Zepbound, which is

Medicare can now cover Eli Lilly’s Zepbound for sleep apnea, Health Department agency says Read More »

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