Baird downgrades Walgreens, says stock is ‘too complicated’ after latest earnings report

Baird downgrades Walgreens, says stock is ‘too complicated’ after latest earnings report



Walgreens reported quarterly earnings beating Wall Street estimates, but shares fell nearly 6% Thursday as investors worried pandemic-related demand is fading.



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Trump says ‘maybe’ government should help struggling Spirit Airlines
Business

Trump says ‘maybe’ government should help struggling Spirit Airlines

President Donald Trump said Tuesday that the federal government could help struggling Spirit Airlines as the discount carrier faces the possibility of liquidation. Trump told CNBC’s “Squawk Box”: “I don’t mind mergers. I think I’d love somebody to buy Spirit, as an example. You know, Spirit’s in trouble. … Maybe the federal government should help that […]

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Hormuz disruptions hit China’s Christmas capital — and holiday spending
Business

Hormuz disruptions hit China’s Christmas capital — and holiday spending

Christmas is still eight months away, but artificial tree maker Lou Liping is already worried about a bad holiday season due to the Iran war. Lou’s company, Kitty Christmas Factory, has been making artificial trees for the U.S. and European markets for nearly three decades. Her facility is based in the city of Yiwu, known […]

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How Trump’s psychedelics executive order could unlock stalled cannabis reform
Business

How Trump’s psychedelics executive order could unlock stalled cannabis reform

Advocates attend a news conference about the “impact of incarcerating those charged with marijuana-related offenses,” and policy reform ideas, outside the U.S. Capitol on April 20, 2026. Tom Williams | CQ-Roll Call, Inc. | Getty Images A White House executive order on psychedelics, signed by President Donald Trump on Saturday, aims to speed up research […]

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