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…
A ticket sold in New Jersey matched all six winning numbers in Wednesday’s Powerball drawing to claim the $847 million jackpot. The grand prize has an estimated cash value of $363.1 million and is the ninth-largest Powerball jackpot ever won, according to Powerball.The white balls drawn Wednesday were 15, 34,…
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…
An iconic New York City bookstore owned by a Democratic senator’s wife has agreed to pay nearly $1.5 million to settle allegations that it improperly received a COVID-era loan it was barred from obtaining under federal law. The Strand will pay $1,482,560 to resolve allegations that it violated the False…
The results of the midterm elections will play a role in shaping the future of Social Security as the safety net program’s projected insolvency looms in 2032 and would require entitlement reforms to prevent automatic benefit cuts. Social Security’s main trust funds are on a path to depletion as increased…
Major League Wrestling’s (MLW) business picked up in a major way in 2026. The pro wrestling promotion picked up two media rights deals with Veeps and Tubi allowing its flagship show, “Fusion,” to be aired on more platforms outside of YouTube. The roster also saw a reshaping with big names…
Caitlin Clark is winning off the court, as DICK’S Sporting Goods announced a multiyear partnership with the WNBA superstar on Wednesday, uniting with the major sports retailer to bring her brand to fans across the globe. The exclusive deal includes DICK’S and Foot Locker, marking the first time either company…
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…