Incoming Walgreens CEO doesn’t mention pharmacy walkouts
Tim Wentworth, former CEO of Express Scripts. David A. Grogan | CNBC Incoming Walgreens CEO Tim Wentworth on Thursday briefly praised the company’s pharmacy staff, but made no mention of the three-day protest walkouts they held this week over poor working conditions. The walkouts reflect rising dissatisfaction among pharmacy employees, who have complained for years […]
Review: This pricey tequila has roots in Ukraine
The bottle Laneta tequila ($89.99-$169.99, depending on expression) The back story Normally, when we talk about tequila, we talk about Mexico, where the agave-based spirit hails from. But Laneta is a tequila that also has roots in a very unexpected place — namely, Ukraine. That’s because it was founded in part by Edward Geyman, a […]
Taylor Swift Eras Tour concert film could reach $150 million opening
U.S. singer-songwriter Taylor Swift performs during her The Eras Tour concert at SoFi Stadium in Inglewood, California, on Aug. 7, 2023. Michael Tran | Afp | Getty Images The weekend box office (Taylor’s Version). Taylor Swift has sold out stadiums worldwide and now she’s packing cinemas, with her sights set on a $100 million opening […]
Comcast, Disney hire Morgan Stanley, JPMorgan to value Hulu
Bob Iger, CEO, Disney, and Brian Roberts of Comcast Getty Images Comcast and Disney have hired investment banks to value Hulu, the next step in what’s been a nearly five-year process to put the streaming service under one owner. Comcast, which owns one-third of Hulu, has hired Morgan Stanley, and Disney, which owns the other […]
Why Claudia Goldin’s Nobel Prize is such a big win for women — and men
Economists are heralding their colleague Claudia Goldin’s Nobel Prize win, but everyday women — and men — have plenty of reasons to celebrate the historian of women in the workplace. Goldin, a Harvard University economics professor, was the first solo woman to win the Sveriges Riksbank Prize in Economic Sciences and the third woman to […]
Maersk signs with SpaceX to add Starlink internet to over 330 ships
Maersk is one of the world’s biggest container shippers. Andia | UIG via Getty Images Danish logistics giant Maersk is adding SpaceX’s Starlink to more than 330 container ships, the companies announced Thursday. Maersk said the installation of the Starlink internet service is expected to be complete by the first quarter of next year, with […]
Hedge-fund billionaire Leon Cooperman doesn’t see S&P 500 above 4,600. Here’s what he’s investing in.
““I would be very surprised we went above 4,600 anytime this year, and I’m not interested in the S&P. I’m interested in individual stocks.”” — Leon Cooperman, Omega Advisors That was hedge-fund billionaire Leon Cooperman, saying he’d be “surprised” if the S&P 500 SPX can grind much higher from here. In a transcript of comments […]
Automaker ‘at the limit’ of what it can offer
Members of the United Auto Workers union picket outside the Michigan Assembly Plant in Wayne, Michigan, on Sept. 26, 2023. Matthew Hatcher | AFP | Getty Images DETROIT – Ford Motor is “at the limit” of what it can offer the United Auto Workers union in terms of economic concessions, an executive said Thursday as […]
7 more ways to save that you may not have considered
With the holiday shopping season just starting and prices of many consumer goods continuing to rise, saving money can seem impossible. But those financial pressures also make doing so even more important. “Saving is your margin,” says Eric Maldonado, a certified financial planner and owner of Aquila Wealth Advisors. “When things happen — your car breaks down […]
Bank earnings kick off after another period of rising rates, bad loans
Jamie Dimon, Chairman of the Board and Chief Executive Officer of JPMorgan Chase & Co., gestures as he speaks during an interview with Reuters in Miami, Florida, U.S., February 8, 2023. Marco Bello | Reuters American banks are closing out another quarter in which interest rates surged, reviving concerns about shrinking margins and rising loan […]
