ESPN personality Stephen A. Smith told CNBC Sport that he is not interested in campaigning but would be interested in being president.
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Comcast and NBCUniversal receive FCC inquiry on DEI initiatives
The Federal Communications Commission has sent a letter to Comcast inquiring about its DEI practices, a company spokesperson confirmed Wednesday.
Continue readingCVS CEO defends pharmacy middlemen, accuses drugmakers of ‘monopolistic’ practices
CVS CEO David Joyner’s comments come as lawmakers on both sides of the aisle and President Donald Trump have signaled interest in cracking down on […]
Continue readingBiogen beats estimates on cost cuts and new drugs like Leqembi, but profit outlook falls short
Biogen expects Leqembi and new rare disease and depression treatments to help offset revenue lost from multiple sclerosis products.
Continue readingBank of America CEO on inflation impact on U.S. economy: ‘Rates are going to stay where they are’
The Bureau of Labor Statistics reported hotter-than-expected growth in the U.S. consumer price index, forcing markets to recalibrate rate expectations.
Continue readingPrebiotic soda brand Olipop valued at $1.85 billion in latest funding round
Olipop’s annual sales surpassed $400 million in 2024, as competition heats up with rivals like Poppi.
Continue readingCVS shares pop 10% on big earnings beat, even as high medical costs drag down insurance unit
It caps off the first full quarter with David Joyner, a longtime CVS executive, as CEO of the troubled retail drugstore chain.
Continue readingTom Brady buys ownership stake in sports collectibles company
Tom Brady will acquire a 50% stake in CardVault, a sports card and memorabilia retailer, the company announced on Wednesday.
Continue readingZelle payments top $1 trillion in 2024 as network’s growth outpaces rivals including PayPal
Zelle said its user base jumped 12% to 151 million accounts in 2024, and that the total dollars sent on the platform jumped 27% from […]
Continue readingRestaurant Brands reports 2.5% same-store sales growth, fueled by Burger King and Popeyes
Restaurant Brands’ revenue climbed 26% in the quarter.
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