Walgreens CEO Roz Brewer Steps Down Amid Transformation
Walgreens (WBA) announced on Thursday that Chief Executive Officer Roz Brewer and the company’s Board of Directors have mutually agreed for her to step down...
Rising Unemployment Rate Meets Growing Labor Force in August
In a recent report released by the Bureau of Labor Statistics, the unemployment rate in the United States surged to 3.8% in August, marking its...
Cleveland Fed President Optimistic Amid Cooling Labor Market
The latest data from the US government’s August job report reveals a labor market showing signs of cooling, despite the encouraging words of Federal Reserve...
Humana Sues Biden Administration Over Medicare Payment Policy
Humana, one of the leading American health insurers, has taken legal action by filing a lawsuit in the Federal Court, seeking to block a recently...
Amgen and Horizon Therapeutics Merger Approved by FTC
The US Federal Trade Commission (FTC) has granted approval for a monumental $27.8 billion acquisition of Horizon Therapeutics by Amgen, allaying concerns about potential market...
Saudi Aramco Eyes $50B Riyadh Stock Exchange Offering
Saudi Aramco, the world’s largest oil company, is reportedly exploring a significant secondary offering worth $50 billion on the Riyadh stock exchange, according to sources...
Disney Stock Dips 2.6% as Charter Spectrum Feud Escalates
Disney (DIS) stock saw a sharp decline, dropping as much as 2.6%, following the company’s decision to pull its owned and operated channels from Charter...
Canada Proposes News Payment Rules for Tech Giants
Canada has taken a significant step toward ensuring that tech giants Alphabet Inc’s Google and Facebook’s Meta Platforms contribute their fair share to the news...
New Regulations Proposed for Nursing Homes Staffing Levels
In a historic move responding to the profound public health impacts of the COVID-19 pandemic, the US federal government has taken the unprecedented step of...
Gopinath Urges Reforms at South African Reserve Bank Gathering
Gita Gopinath, the First Deputy Managing Director of the International Monetary Fund (IMF), delivered a stark warning to emerging markets during her address at the...
