A Major Deal in Insurance, and Uber's Ex-CEO Has a New Gig
Health insurance giant Cigna is acquiring pharmacy benefits manager Express Scripts. It's the latest company to make a move to fend off competition from Amazon, which is diving into the healthcare space.
And Travis Kalanick is launching a new venture capital firm focused on major job creation. Called "10100", the investment company will focus on real estate, e-commerce, and emerging tech in India and China.
Uber's also looking for a $1.25 billion leveraged loan on the heels of securing an investment from SoftBank. And Tesla's big rigs have hit the road, carrying batteries from the Gigafactory in Nevada to Fremont, Calif.
Sports Illustrated's employee union said in a statement that the layoffs would be a significant number and possibly all, of the NewsGuild workers represented.
CEO and founder of Pinstripes Dale Schwartz shares his thoughts on taking the company public, why they're set for growth this year, and why he's not concerned about inflation weighing on the restaurant sector.
With hype continuing to build for A.I. projects, expert insight on what companies seem poised to benefit, plus how it will impact the lives of everyday consumers.
Ford says it’s reducing production of the F-150 Lightning electric pickup vehicle as it adjusts to weaker-than-expected electric vehicle sales growth. The automaker said about 1,400 workers will be impacted by the move.
Walmart Inc. is raising the starting base pay for store managers, while redesigning its bonus plan that will put more of an emphasis on profits for these leaders.
Despite concerns about shipping delays in the Red Sea, RSM Chief Economist Joe Brusuelas says there are still reasons to be optimistic about the state of the U.S. economy.
