Amazon Pharmacy automates discounts to help insulin patients get pledged prices
Business

Amazon Pharmacy automates discounts to help insulin patients get pledged prices

Amazon logo. Photo take on November 5, 2019. REUTERS/Pascal Rossignol/File Photo Acquire Licensing RightsAug 15 (Reuters) – Amazon.com (AMZN.O) said on Tuesday its online pharmacy will automatically apply manufacturer-sponsored coupons to more than 15 insulin and diabetes medicines to help patients access discounts pledged by the drug industry.With the new program, patients using Amazon Pharmacy… […]

Target cuts annual forecasts as Americans hold back on non-essential spending
Business

Target cuts annual forecasts as Americans hold back on non-essential spending

A customer leaves one of the stores of discount retail chain Target in Ancaster, January 15, 2015. REUTERS/Peter Power/File Photo Acquire Licensing RightsAug 16 (Reuters) – Target (TGT.N) cut its full-year sales and profit expectations even as its quarterly profit exceeded Wall Street estimates on Wednesday, benefiting from fewer discounts and better stocked store shelves.The… […]

One year on, Biden still needs to explain his signature clean energy legislation
Business

One year on, Biden still needs to explain his signature clean energy legislation

WASHINGTON, Aug 16 (Reuters) – U.S President Joe Biden on Wednesday used the first anniversary of his signature Inflation Reduction Act to pitch the landmark clean-energy law as an economic powerhouse to a public that remains largely unaware of its contents.The wide-ranging law provides billions of dollars in tax credits to help consumers buy electric… […]

Apollo Global pulls out of Yellow’s bankruptcy financing plan
Business

Apollo Global pulls out of Yellow’s bankruptcy financing plan

Semi truck trailers are picrured at freight trucking company Yellow’s terminal near the Otay Mesa border crossing between the U.S. and Mexico, after the company filed for bankruptcy protection, in San Diego, California, U.S., August 7, 2023 REUTERS/Mike Blake/File Photo Acquire Licensing RightsAug 15 (Reuters) – Apollo Global Management (APO.N) is selling off a $500… […]

Oil refiner Phillips 66 to deepen jobs cuts, realign staff
Business

Oil refiner Phillips 66 to deepen jobs cuts, realign staff

U.S. oil company Phillips 66 headquarters in Houston, Texas, U.S., September 27, 2020. Picture taken September 27, 2020. REUTERS/Gary McWilliams/file photo Acquire Licensing RightsHOUSTON, Aug 15 (Reuters) – U.S. oil refiner Phillips 66 (PSX.N) plans to cut 175 employees and realign its global finance and procurement operations into an “enterprise service organization,” the company said… […]

Adidas upgrades 2023 sales outlook thanks to Yeezy destocking
Business

Adidas upgrades 2023 sales outlook thanks to Yeezy destocking

Sees mid-single digit fall in FX-neutral sales in 2023Had previously expected a high-single digit declineFX-neutral sales were flat in second quarterAdidas has donated 10 mln euros to charities so farLONDON, Aug 3 (Reuters) – Adidas (ADSGn.DE) delivered further signs that its turnaround is gathering pace on Thursday as the sportswear giant seeks to shift focus… […]

The unstoppable pop of Taylor Swift
Business

The unstoppable pop of Taylor Swift

A radial bar chart that shows how each of Taylor Swift’s songs rank on acousticness. Around the data visualization sits a collage of a typewriter, cowboy boots, vintage books, pressed flowers, a quill pen and a banjo. Table with information corresponding to the radial bar chart, including the Spotify values for acousticness for each of… […]

In India, it’s advantage Tesla as Chinese automakers face heat
Business

In India, it’s advantage Tesla as Chinese automakers face heat

[1/2]India’s Prime Minister Narendra Modi shakes hand with Tesla chief executive Elon Musk during their meeting in New York City, New York, U.S., June 20, 2023. India’s Press Information Bureau/Handout via REUTERS/File PhotoNEW DELHI, Aug 3 (Reuters) – China’s loss in India could be Elon Musk’s gain.Tesla (TSLA.O) has had a red-carpet welcome from India… […]

Singapore bank DBS’ Q2 profit jumps 48%, beats forecasts
Business

Singapore bank DBS’ Q2 profit jumps 48%, beats forecasts

[1/2]People use DBS automated teller machines (ATMs) in Singapore March 31, 2022. REUTERS/Caroline Chia/File PhotoQ2 net profit at S$2.69 bln vs S$2.41 bln estimateROE hit new quarterly high of 19.2%, up from 13.4% a year agoDBS declared a dividend of 48 Singapore cents a shareCustomer loans dropped 2% on-year in Q2Wealth management AUM up 9%… […]