A person walks by a CVS Pharmacy store in Manhattan, New York, on Nov. 15, 2021.Andrew Kelly | ReutersCVS Health plans to close select pharmacies inside Target stores early this year, a company spokesperson said Thursday, as retail pharmacy chains in the U.S. struggle to boost profits. The closures will...
The U.S. Treasury building in Washington, D.C., on Aug. 15, 2023.Nathan Howard | Bloomberg | Getty ImagesThe U.S. government ran up another half a trillion dollars in red ink in the first quarter of its fiscal year, the Treasury Department reported Thursday.For the period from October 2023 through December...
The governors of New York and California announced sweeping plans to crack down on retail crime this week, as trade associations and police departments lobby for government action to curb theft.The plans include new legislation designed to increase the penalties for retail crime offenses and more funding for police...
Check out the companies making headlines in midday trading. Citigroup — Shares slid more than 2% after a warning from the bank on Wednesday night of a likely loss in the fourth quarter, due to the decline of the Argentine peso and restructuring charges, compared to what CFO Mark...
While working at fintech lending platform Stilt, Jessica Zhang and Alex Hegevall Clarke saw how expensive and time-consuming it was for the credit industry to outfit their in-house tech stacks in order to adhere to stringent federal and state regulations. So they decided to build something that would be...