Business

CVS Health on Tuesday announced plans to split its sprawling conglomerate into separate health insurance and pharmacy businesses, a move one industry expert welcomed as a potential way to drive down costs for millions of Americans. The separation is expected to be completed by the first half of 2028, creating…

Hackers targeted refrigeration systems at three regional blood banks in France this week, raising concerns about the safety of critical medical supplies as similar cyberattacks disrupted supermarkets across Europe. Officials said Wednesday that the cyberattack on France’s national blood service, the French Blood Establishment (EFS), occurred overnight between Sunday and…

Google is extending its buyout program to selected workers in five additional countries as the company looks for ways to control expenses while pouring money into artificial intelligence programs. The company told Reuters that select workers in Canada, France, Germany, Japan and Switzerland were offered buyouts beginning in June, although…

Kellogg’s is changing the recipe for its iconic Rice Krispies cereal in the United Kingdom, replacing whole rice grains with rice flour as weather-related disruptions affect ingredient supplies. Kellanova, the company responsible for Kellogg’s cereal brands outside North America, has also reformulated its Coco Pops — aka Cocoa Krispies in…

Canva is restructuring its operations in a move affecting 1,271 employees, or 22% of its workforce, as the design software company responds to slowing growth and changes in the technology industry. The overhaul includes layoffs, changes to employee responsibilities, relocation requests and a push for greater in-person collaboration. Canva did…