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Category Archives: Uncategorized

Health-care stocks fall as lawmakers, patients push for changes to their business models

The stock reaction on Wednesday appeared to be in response to new bipartisan legislation that aims to break up pharmacy benefit managers.

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Costco beats on earnings as e-commerce sales jump

Costco drew stronger online sales and higher traffic, as shoppers bought jewelry, luggage and more.

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Flushing Financial seeks to raise $70 million to shore up capital as it unloads underwater bonds

Banks with commercial real estate exposure have struggled after the Federal Reserve hiked interest rates through 2023, leaving them with unrealized losses.

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Sports super agent Scott Boras says Juan Soto’s Mets contract wasn’t just about the money

The New York Mets signed four-time All-Star Juan Soto to a record-breaking $765 million, 15-year contract.

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Warner Bros. Discovery shares surge 15% after company announces linear, streaming restructuring

Warner Bros. announced a restructuring plan to segment its business into linear and streaming units in a move that could simplify future consolidation.

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UnitedHealth Group CEO addresses Brian Thompson death, says health-care system is ‘flawed’

In a New York Times opinion piece, Witty made his first public comments since last week’s fatal shooting of Thompson.

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Over $100 trillion in wealth is about to be inherited — here are the biggest winners

With more women, millennials and Gen Zers set to join the ranks of the newly rich, the face of American wealth is set for its […]

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From Chili’s to burger chains, here are the restaurant industry winners and losers in 2024

Chili’s, Taco Bell and the casual-dining segment were some of the big winners in the restaurant industry this year.

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McDonald’s to invest more than $100 million to speed up recovery after E. coli outbreak

This week, the company completed the return of Quarter Pounder burgers, with slivered onions, to all restaurant menus nationwide.

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Jake Paul, Mike Tyson fight breaks record for biggest boxing gate outside of Las Vegas

The fight’s promoter, Most Valuable Promotions, told CNBC it expects more than 70,000 people to attend the Friday night bout at AT&T Stadium in Arlington, […]

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