Tag results for: Business
Fat Brands, chair Andy Wiederhorn indicted in $47 million ‘sham’ loan scheme
Federal authorities on Friday charged Fat Brands and its chair Andy Wiederhorn of committing a brazen scheme that netted him $47 million in bogus loans from the restaurant company...
Biden administration delays plans to ban menthol cigarettes
U.S. President Joe Biden speaks after signing into law a bill providing billions of dollars of new aid to Ukraine for its war with Russia, at the White House...
Walgreens tops quarterly revenue estimates, but narrows profit outlook in ‘challenging’ economy
A person rides past a Walgreens truck, owned by the Walgreens Boots Alliance, Inc., in Manhattan, New York City, U.S., November 26, 2021. Andrew Kelly | ReutersWalgreens on Thursday reported...
Walgreens stock plunges after drugstore chain slashes quarterly dividend nearly in half
Shares of Walgreens closed 5% lower on Thursday after the company reported fiscal first-quarter adjusted earnings and revenue that topped expectations, but cut its quarterly dividend nearly in half. The...
CVS to change how it prices prescription drugs with new pharmacy reimbursement model
A person walks by a CVS pharmacy store in Manhattan, New York, U.S., November 15, 2021.Andrew Kelly | ReutersCVS Health on Tuesday said it will revamp how it prices...
