A recent crackdown on low-cost drug program 340B, and stiff competition for a lucrative drug contract from Centene, weighs on the stock.
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Deutsche Bank downgrades CVS as near- and medium-term risks mount
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Nike cuts 1,400 roles in second round of layoffs this year
People walk past a Nike store in New York City, on April 2, 2025. Kylie Cooper | Reuters Nike announced a new round of layoffs on Thursday impacting approximately 1,400 roles across the organization, mostly concentrated in its technology department. In a note from COO Venkatesh Alagirisamy, the company said the layoffs were part of […]
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Trump administration moves to reclassify cannabis in major shift that could expand research
The Trump administration moved Thursday to reclassify cannabis under federal law, which could significantly expand scientific research into the drug’s medical uses. The change would not legalize the drug at the federal level, but shift cannabis from its current status as a Schedule I substance to Schedule III under the U.S. Drug Enforcement Administration’s controlled […]
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What $1 million buys you in real estate around the world
France, Provence-Alpes-Cote d’Azur, French Riviera, Alpes-Maritimes, Principality of Monaco. Marco Bottigelli | Moment | Getty Images A million dollars isn’t what it used to be — especially in luxury real estate. According to the new Knight Frank Wealth Report, $1 million buys you only 16 square meters (or about 172 square feet) in Monaco, the […]
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