CVS Health has recently announced a groundbreaking decision to include the first over-the-counter birth control pill in the U.S. in its drug plans, with no cost to many health plan sponsors. This move has the potential to revolutionize the way people access contraceptives and could pave the way for greater reproductive health rights for individuals
Business
The preliminary results are in, and it seems that Disney shareholders have reelected the media conglomerate’s full board. This outcome is a significant setback for activist Nelson Peltz and former Marvel CEO Ike Perlmutter, who were pushing for change within the company. Despite the months of combative back-and-forth, Disney shareholders have ultimately decided to affirm
Private equity firm Silver Lake has made a significant announcement regarding the acquisition of entertainment company Endeavor Group Holdings. The deal involves the purchase of Endeavor’s shares at $27.50 each, resulting in a total equity value of $13 billion. This move by Silver Lake will see them taking full ownership of Endeavor, further solidifying their
Two directors at Warner Bros. Discovery, Steven Miron and Steven Newhouse, have resigned from their positions following an investigation by the U.S. Department of Justice into a potential antitrust violation. The company announced on Monday that Miron and Newhouse, who were appointed as directors in April 2022 as part of the merger between WarnerMedia and
The recent announcement of Macy’s plan to close around 150 stores has caused a stir in the retail industry. While the department store has not yet shut these locations, its decision to shrink its footprint presents a significant opportunity for its retail competitors to capitalize on the void created by these closures. Retail giants like
United Airlines is facing challenges due to late-arriving aircraft from Boeing, leading the airline to ask pilots to take unpaid time off next month. This issue is not unique to United, as other airlines have also been affected by Boeing’s production problems and safety crisis. The reduction in Boeing deliveries has significantly impacted United’s forecast
Toyota Motor is currently exploring the possibility of expanding its U.S. truck lineup to include all-electric or plug-in hybrid electric versions of its popular Tacoma and Tundra pickups. Jack Hollis, executive vice president of Toyota Motor North America, stated that the company is carefully evaluating the demand from customers and the changing federal emissions and
The study released by researchers at Yale University, King’s College Hospital in London, and Doctors Without Borders highlight the significant price difference between the production cost of Ozempic and the list price charged by Novo Nordisk. The startling revelation that Ozempic can be manufactured for less than $5 a month, but is sold for close
BJ’s Wholesale Club recently announced its plans to open four new clubs in the Southeast and one in the Midwest this fiscal year. These new locations are set to open in Maryville, Tennessee; Myrtle Beach, South Carolina; Palm Coast and West Palm Beach, Florida; and Carmel, Indiana. This expansion is part of the company’s strategy
McDonald’s has recently announced plans to introduce Krispy Kreme doughnuts in its restaurants nationwide by the end of 2026. This move comes as part of a strategic partnership between the two chains, with the rollout expected to begin in the second half of this year. The partnership will see Krispy Kreme expand its distribution network