Philip Morris considers selling stake in pharmaceuticals unit
A Vectura Group logo is seen on a smartphone and a PC screen. Pavlo Gonchar | SOPA Images | Lightrocket | Getty Images Philip Morris International is considering selling off a stake in its largest pharmaceuticals unit. The tobacco company, which makes Marlboro cigarettes, made inroads into the health care and wellness space in 2021 […]
KB Home stock slips despite earnings beat, raised forecast and ‘steady’ demand
KB Home shares declined in the extended session Wednesday even after the home builder reported results that topped Wall Street estimates, hiked its revenue forecast for the year and reported steady demand amid rising mortgage rates. KB Home KBH shares slid more than 2% after hours, following a 0.7% decline in the regular session to […]
Adidas CEO Gulden says Kanye West didn’t mean antisemitic remarks
Shoes are offered for sale at an Adidas store in Chicago, Feb. 10, 2023. Scott Olson | Getty Images Adidas CEO Bjorn Gulden defended Ye, the artist formerly known as Kanye West, and said the rapper didn’t mean it when he made a series of antisemitic remarks. In a conversation on philanthropist Nicolai Tangen’s podcast […]
U.S. will again offer free at-home Covid tests starting Monday
Covid-19 home test kits are pictured in a store window during the Covid-19 pandemic in the Manhattan borough of New York City, Jan. 19, 2022. Carlo Allegri | Reuters The Biden administration on Wednesday said it will resume offering free at-home Covid tests to American households Monday as the virus gains a stronger foothold nationwide. […]
Intel’s stock leads Dow decliners for second straight day
An earlier version of this article misidentified the owner of “Chip,” the dog exhibited in Bernstein analyst Stacy Rasgon’s Intel note, and whose barking briefly disrupted a webcast with analysts on Tuesday. Chip is Rasgon’s dog, not Intel CFO David Zinsner’s. Intel Corp.’s stock on Wednesday was the Dow’s worst-performing stock for a second consecutive […]
Anheuser-Busch to stop cutting off Clydesdale horse tails
Budweiser Clydesdales handler walks several Clydesdales poor to bathing the horses at Houston Polo Club before this weeks Clydesdale appearances Monday, March 31, 2014, in Houston. James Nielsen | Houston Chronicle via Getty Images Anheuser-Busch InBev said it will no longer cut the tails of the iconic Clydesdale horses used in its signature Budweiser commercials […]
Anheuser-Busch to stop cutting off Clydesdale horse tails
Budweiser Clydesdales handler walks several Clydesdales poor to bathing the horses at Houston Polo Club before this weeks Clydesdale appearances Monday, March 31, 2014, in Houston. James Nielsen | Houston Chronicle via Getty Images Anheuser-Busch InBev said it will no longer cut the tails of the iconic Clydesdale horses used in its signature Budweiser commercials […]
What the backlash to U.S. News’ new college rankings methodology is really about
When their schools received high rankings, college leaders touted the annual U.S. News list of the country’s best colleges, but, when their rankings dropped a year later, they complained about the list or stopped participating. So what does it mean for a college to offer a high-quality education? That question is at the heart of […]
Some patients see insurance coverage delays
Pharmacist Ani Martirosyan administers an immunization to a patient at a CVS on Tuesday, Sept. 12, 2023 in Glendale, CA. Brian Van Der Brug | Los Angeles Times | Getty Images The rollout of a new round of Covid vaccines in the U.S. is off to a bumpy start as some patients report delays in […]
Rocket Lab stock drops after first Electron launch failure in years
The company’s Electron rocket carrying the CAPSTONE mission lifts off from New Zealand on June 28, 2022. Rocket Lab Rocket Lab stock fell after the company suffered its first launch failure in more than two years early Tuesday morning. The company confirmed its uncrewed 41st Electron rocket launch — lifting off from New Zealand and […]
