A person walks by a CVS Pharmacy store in Manhattan, New York, on Nov. 15, 2021. Andrew Kelly | Reuters CVS Health on Wednesday reported mixed third-quarter results as higher medical costs squeezed its bottom line. The earnings report is CEO David Joyner’s first at the helm of the troubled retail drugstore chain. The company expects elevated medical costs to continue to pressure its performance this year, “and as a
A Taiwan Semiconductor Manufacturing Co. facility under construction in Phoenix, Arizona, U.S., on Dec. 6, 2022. Caitlin O’Hara | Bloomberg | Getty Images President-elect Donald Trump is unlikely to roll back the Biden administration’s CHIPS and Science Act, despite his campaign rhetoric on the bill, experts say. The legislation, which provides incentives for chipmakers to set up manufacturing in the U.S., became a point of contention in the final month
Renderings of plans for a new development at the Bahia Mar marina in Fort Lauderdale, Florida. Courtesy: ArX Creative A team of developers including Related Group is launching a $2 billion development at the largest marina in Fort Lauderdale, Florida, aiming to create a “mini Monaco,” according to executives. The new development at the Bahia Mar marina will include a hotel and condo towers, along with a beach club, restaurants
TOKYO (Reuters) – Japan spent 3.168 trillion yen ($20.69 billion) on dollar-selling intervention on July 11 and 2.367 trillion yen on July 12, quarterly data from the Ministry of Finance (MOF) showed on Friday. The data represents a detailed daily breakdown of the previously revealed 5.53 trillion yen currency intervention made during the period from June 27 through July 29. Over those two days in July, the yen shot to
To fund a bigger war chest, Icahn Enterprises plans to halve dividend payout. Source link
Block missed its revenue estimates for Q3 and said it is “winding down” its DeFi business to shift money into its Bitcoin mining and wallet businesses. Source link
When a volcanic eruption buried the ancient city of Pompeii, the last desperate moments of its citizens were preserved for centuries Source link
Breadcrumb Trail Links Investor Seen as protecting investors from stock losses and providing decent returns, the picture on bonds gets dimmer over a longer time frame Published Oct 23, 2024 • Last updated Oct 24, 2024 • 4 minute read You can save this article by registering for free here. Or sign-in if you have an account. People pass the New York Stock Exchange in New York, U.S. Photo by
A popular crypto strategist is suddenly flipping bullish on an altcoin connected to a viral game on the encrypted messaging platform Telegram. Analyst Ali Martinez tells his 77,300 followers on the social media platform X that Notcoin (NOT) could soar 100% from its current value. “Notcoin is showing a promising risk-to-reward setup. With a falling wedge pattern forming, it could be primed for a bullish breakout toward $0.012!” Source: Ali
Coinbase has just announced cbBTC, the very first Bitcoin-backed token on Solana. The newly minted SPL token is backed 1:1 by Bitcoin and held in Coinbase custody. It provides an easy way for users to access BTC directly on the Solana blockchain. According to the announcement on X, cbBTC by Coinbase brings the power of Bitcoin onto Solana’s high-speed network, expanding the availability of BTC to decentralized applications and traders
