CVS replaces CEO, pulls profit forecast as investor pressure mounts
(Reuters) -CVS Health replaced CEO Karen Lynch with company veteran David Joyner on Friday and withdrew its 2024 profit forecast,…
Business
US Cellular to sell select spectrum assets to Verizon for $1 billion
(Reuters) – United States Cellular said on Friday it has agreed to sell some of its spectrum licenses to Verizon…
Walgreens to shut 1,200 stores as CEO Wentworth seeks turnaround
By Manas Mishra and Sneha S K (Reuters) -Walgreens Boots Alliance said on Tuesday it would shut 1,200 stores over…
ASML cuts sales forecasts in Q3 earnings published early; shares plummet
By Toby Sterling and Nathan Vifflin AMSTERDAM (Reuters) -Computer chip equipment maker ASML reported on Tuesday third-quarter earnings that surprised…
SpaceX catches giant Starship booster in fifth flight test
(Reuters) -SpaceX on Sunday launched its fifth Starship test flight from Texas and returned the rocket’s towering first stage booster…
US watchdog criticizes FAA oversight of Boeing production
(Reuters) – A federal watchdog on Friday criticized the Federal Aviation Administration’s oversight of Boeing airplane production, saying it does…
JPMorgan profit beats estimates on investment banking strength, higher interest income
By Niket Nishant and Nupur Anand (Reuters) -JPMorgan Chase’s third-quarter profit beat expectations as strong investment banking performance and rising…
Amazon adds Apple TV+ to its Prime Video streaming service in US
(Reuters) -Amazon said on Wednesday that Apple TV+ will become available on Prime Video later this month in the U.S….
Starboard seeks probe after former Pfizer execs pull support for its campaign
(Reuters) – Starboard Value has asked Pfizer to set up a special committee to investigate allegations that two of its…
Meta’s AI chatbot to be available in new markets including Brazil, UK
(Reuters) – Meta Platforms said on Wednesday its artificial intelligence chatbot, Meta AI, will be available in 21 new markets,…