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CVS shares plummet as health company slashes profit outlook on higher medical costs
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European Development Bank Flags Higher Risk Premium as Lingering Cost of Russia's War
The economies of central Europe are set for stronger growth this year and next as inflation cools, but Russia’s invasion of Ukraine will continue to cast a shadow over their prospects in the form of higher borrowing costs, the European Bank for ...The Wall Street Journal - World - Europe -
Alibaba shares fall 6% after the Chinese tech giant posts 86% drop in profit
Alibaba posted a beat on revenue in its fiscal fourth quarter ended in March, but the Chinese e-commerce giant's net profit plunged.CNBC - Business -
Sony shares jump after profit beats estimates, concerns about Paramount bid ease
Sony Group shares rose sharply after quarterly net profit beat analysts’ expectations and concerns eased about its bid for media and entertainment company Paramount Global.MarketWatch - Business -
Renters in race for homes as listing time slashed
Two-bedroom flats were listed for 35 days before the pandemic, but the average has dropped to 25 days.BBC News - Top stories -
Bronny James Is Cleared by N.B.A. Medical Panel
The son of LeBron James suffered a cardiac arrest last summer. He is set to participate in the N.B.A. draft combine this week.The New York Times - Sports - NBA -
Texas universities slashed hundreds of jobs and programs after state's DEI ban
The University of Texas system’s nine academic and five health campuses have slashed 311 full- and part-time positions since the ban took effect Jan. 1.NBC News - Top stories -
Save Higher Ed With the Chicago Principles
Respect free speech and don’t take sides—a simple approach to avoid campus strife.The Wall Street Journal - World -
Bronny James receives medical clearance to play in the NBA, AP source says
NBA teams have been told that Bronny James, the son of the Los Angeles Lakers’ LeBron James, has been medically cleared to play in the league and is expected to participate in the draft combine this week, according to a person with knowledge of ...ABC News - Sports -
Sen. Tammy Duckworth on effort to free medical workers trapped in Gaza
Israeli forces forged deeper into Rafah on Tuesday, raising fears of more civilian casualties in the Israel-Hamas war. Apprehensions of a more intense military push come amid word that a team of international doctors, including several Americans, ...CBS News - Top stories -
American medics trapped in Gaza after Rafah border closing
More Palestinians are fleeing the southern Gaza city of Rafah ahead of a possible Israeli ground offensive. CBS News' Imtiaz Tyab is in Tel Aviv with the latest.CBS News - Top stories
More from CNBC
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Here's everything to expect from Wednesday's key report on inflation
The Labor Department's Bureau of Labor Statistics will provide the consumer price index data Wednesday at 8:30 a.m. ET.CNBC - Business -
Jamie Dimon urges the U.S. to deal with its deficit sooner rather than later
JPMorgan Chase CEO Jamie Dimon on Wednesday urged the U.S. government to reduce its fiscal deficit sooner rather than later.CNBC - Business -
GameStop, AMC decline as meme stock rally fizzles after just two days
GameStop and AMC shares fell as the meme stock trading frenzy showed signs of fizzling early on its third day.CNBC - Business -
Sony-backed computing startup heads for rare IPO in sidelined London stock market
Raspberry Pi, which makes tiny single-board computers, said in a filing that it is considering an initial public offering on the London Stock Exchange.CNBC - Business -
Mortgage demand from homebuyers drops even as interest rates pull back to April lows
Total mortgage application volume increased just 0.5% from one week earlier, according to the Mortgage Bankers Association's seasonally adjusted index.CNBC - Business - Mortgage