Top headlines
October 18, 2024
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CVS to replace CEO Karen Lynch with long-time executive David Joyner

Karen S. Lynch speaks during the 2023 Forbes Healthcare Summit at Jazz at Lincoln Center on December 04, 2023, in New York City. Taylor Hill | Getty Images Entertainment | Getty Images CVS Health on Friday named company veteran David Joyner as new CEO, succeeding Karen Lynch who stepped down from the helm of the […]

Business
October 16, 2024
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Ulta Beauty shares fall as company sees 'headwinds' in beauty industry

An Ulta Beauty store in New York, US, on Monday, Aug. 19, 2024. Yuki Iwamura | Bloomberg | Getty Images Ulta Beauty shares slumped on Wednesday morning, as the company said it sees “headwinds” and tougher competition in the beauty industry. As it hosted its investor day near its Chicago headquarters on Wednesday, the specialty […]

Health
October 11, 2024
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Pharmacy deserts are appearing across U.S. as Rite Aid, Walgreens, CVS drug store closures spread

A shuttered Rite Aid store in New Lebanon, Ohio. Kevin Williams New Lebanon, Ohio, population 3,756, has three dollar stores, a Groceryland grocery store, a few fast-food restaurants, a public library branch, and a spirit-filled school system. What it doesn’t have is a pharmacy. As part of Rite Aid’s bankruptcy filing in October 2023, the chain announced […]

Business
October 10, 2024
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Robert Kraft, professional sports leagues join forces with campaign against antisemitism

The biggest names in sports are joining forces in a new campaign to combat antisemitism. New England Patriots owner Robert Kraft and his foundation unveiled a star-studded ad titled “Time Out Against Hate” on Thursday in collaboration with Major League Baseball, Major League Soccer, the National Basketball Association, the Women’s National Basketball Association, the National […]

Business
October 08, 2024
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After scrapping health clinics for people, Walmart is expanding pet care

Walmart is opening five more pet services centers after testing the first location near Atlanta. The centers offer vet visits and grooming. Courtesy: Walmart Walmart shut its doctor offices for people. But the nation’s largest retailer is expanding its pet care business. On Tuesday, the company announced it will open five more pet services centers […]

Business
October 08, 2024
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Hard Rock chairman opens the door to a FanDuel or DraftKings partnership in Florida

Florida’s sports betting market may be about to get a lot more interesting, with Hard Rock’s chairman opening the door to partnerships with commercial sportsbooks. Hard Rock has the monopoly on sports betting in the state, winning the exclusive tribal gaming compact following a hard-fought battle against Flutter-owned FanDuel, DraftKings and Penn Entertainment. The sportsbooks […]

Business
October 02, 2024
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Levi Strauss trims guidance as it weighs sale of Dockers business

Justin Sullivan | Getty Images Denim-crazed consumers are turning to Levi Strauss & Co for new jeans, but the company’s overall business is being dragged down by its Dockers brand, which the company is now considering selling off, it announced Wednesday.  Sales at Levi’s brand were up 5% during its fiscal third quarter — the […]