Walgreens takes $5.8 billion hit on VillageMD bet amid CEO focus on profit
By Leroy Leo and Puyaan Singh (Reuters) -Walgreens Boots Alliance recorded a $5.8 billion impairment charge on its investment in…
Category: Business
How Boeing’s leadership was ‘fired’ by its own customers
By Tim Hepher, Allison Lampert and David Shepardson (Reuters) – It took 80 days. But for the airline industry, enough…
Stocks close with gains, led by Dow as investors look for rate insight
By Chuck Mikolajczak NEW YORK (Reuters) -U.S. stocks were higher on Wednesday, with the Dow leading gains and the S&P…
J&J can contest evidence linking its talc to cancer, US judge rules
By Dietrich Knauth NEW YORK (Reuters) -Johnson & Johnson will get a new chance to contest the scientific evidence linking…
GameStop shares fall as video game retailer faces competition, weak spending
(Reuters) -GameStop’s shares fell more than 14% on Wednesday, as the brick-and-mortar video game retailer reported a decline in fourth-quarter…
Trump’s media company valued at almost $8 billion in strong Wall St debut
By Medha Singh and Yuvraj Malik (Reuters) -Shares of Donald Trump’s Trump Media & Technology Group surged as much as…
GameStop faces ‘unsustainable’ sales decline, cuts jobs to control costs
By Priyanka G and Harshita Mary Varghese (Reuters) -Videogame retailer GameStop said on Tuesday it had cut an unspecified number…
Krispy Kreme shares jump as US partnership with McDonald’s goes national
(Reuters) -Krispy Kreme said its donuts would be available across McDonald’s U.S. restaurants by the end of 2026 as the…
Citigroup to end sweeping overhaul this week after 5,000 layoffs
By Tatiana Bautzer, Lananh Nguyen and Manya Saini (Reuters) -Citigroup is in the last phase of a sweeping overhaul to…
US SEC seeks $2 billion from Ripple Labs, chief legal officer says
By Jody Godoy (Reuters) -The U.S. Securities and Exchange Commission is seeking fines and penalties totaling $2 billion in its…