CVS is voluntarily removing certain cough and cold medicines that contain phenylephrine as the only active ingredient from stores.
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Billionaires are driving South Florida home prices to new records
South Florida’s mansion boom is being driven by the continued flight of millionaires and billionaires from high-tax states like New York and California.
Continue readingDisney highlights theme park strength with new financial reporting model
Disney is slightly altering how it shares its detailed financials for its theme park division.
Continue readingLas Vegas Sands’ Asia business is booming as casino Covid recovery accelerates
With Singapore exceeding pre-pandemic levels and Macao recovering, Las Vegas Sands announced $2 billion in buybacks and a plan to put its pile of cash […]
Continue readingBig banks are quietly cutting thousands of employees, and more layoffs are coming
Job losses in finance could pressure the broader U.S. labor market in 2024. Faced with rising defaults on loans, lenders are poised to make deeper […]
Continue readingMarlboro maker Philip Morris reports revenue miss, but strong sales of cigarette alternatives
Philip Morris beat quarterly earnings estimates and missed revenue expectations, but sales of heated tobacco and oral nicotine products were strong.
Continue readingGolf league founded by Woods, McIlroy announces ownership team led by Marc Lasry, Steph Curry
TGL announces a San Francisco ownership group led by Marc Lasry and Steph Curry.
Continue readingSanofi to offer insulin product for $35 to all Americans through GoodRx
The effort comes after Sanofi, Eli Lilly and Novo Nordisk announced sweeping insulin price cuts earlier this year.
Continue readingSeptember home sales drop to the lowest level since the foreclosure crisis
There were 1.13 million homes for sale at the end of September, down more than 8% from a year ago.
Continue readingNetflix stock surges 16% after Wall Street buys into ad-driven subscriber growth
Netflix said its ad-based tier saw a 70% jump in subscribers.
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