Walgreens shares soar more than 20% on big earnings beat, as drugstore chain cuts costs
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L.A. wildfires to cost insurers more than $20 billion. Three companies are likely to foot most of the bill.
Allstate, Chubb and Travelers are likely to be the publicly traded insurance carriers most affected, as they are the most exposed to the California homeowners’ market.MarketWatch - 8h -
VW's Scout has more than 50,000 EV reservations as automaker aims to grow U.S. share
LAS VEGAS — Scout Motors has received more than 50,000 refundable reservation deposits for its first electric pickups and SUVs, according to Volkswagen CEO Oliver Blume.NBC News - 19h -
VW's Scout has more than 50,000 reservations for upcoming EVs as automaker aims to grow U.S. share
Volkswagen, which revived the old American brand, said Scout is part of its plan to grow its market share in the U.S.CNBC - 1d -
Shares of California utility Edison International drop more than 10% as wildfires rage
Fear and uncertainty surrounding the wildfires in California appear to be weighing on shares of Edison International, whose Southern California Edison is the power utility for the areas directly ...NBC News - 1d -
Faisal Islam: Soaring UK borrowing costs are a problem for Rachel Reeves
The Chancellor may face the prospect of breaking her own Budget rulesBBC News - 3d -
More than 20 killed in latest Israeli attacks on Gaza, report says
Yahoo News - 4d -
New Israeli airstrikes in Gaza kill more than 20, hospital workers say
Hospital staff in Gaza say the latest Israeli airstrikes have killed at least 21 people including at least two childrenABC News - 5d -
Will ‘pet tech’ products appeal as cost of animal ownership soars?
Accessories include doggy sunglasses and feline ‘Fitbits’ — but there’s a contradiction at the heart of the petcare boomFinancial Times - 6d
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Here’s where the jobs are for December 2024 – in one chart
December's job report marked another month of stronger-than-expected growth, with gains coming in many different areas of the U.S. economy.CNBC - 17m -
Trump sentenced to unconditional discharge in New York hush money case, avoiding jail
The "unconditional discharge" sentence comes 10 days before Donald Trump is due to be sworn in for a second nonconsecutive term in the White House.CNBC - 51m -
Trump's election market bump close to being wiped out
The S&P 500's gain since Election Day now sits at just around 0.5%.CNBC - 29m -
Crude prices jump as U.S. imposes sweeping sanctions against Russia oil industry
The U.S. Treasury Department is targeting more than 180 Russian tankers.CNBC - 12m -
Insurance stocks sell off sharply as potential losses tied to LA wildfires increase
Allstate, Chubb and Travelers are the most exposed carriers to insured losses in the wildfires, according to JPMorgan.CNBC - 39m
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How Outlets on the Left and Right Have Covered the Los Angeles Wildfires
Media outlets reported similarly on the destruction caused by the fires that raced through Southern California. But partisan publications attributed them to very different causes.The New York Times - 8m -
Crude prices jump as U.S. imposes sweeping sanctions against Russia oil industry
The U.S. Treasury Department is targeting more than 180 Russian tankers.CNBC - 12m -
Trump Organization Issues Ethics Pledge for President-Elect’s Second Term
The measures largely echo agreements the family made for his first term, including appointing an outside ethics lawyer and limiting Mr. Trump’s access to detailed financial information.The New York Times - 13m -
High cost of weight loss drugs drives employers to require nutrition counseling, in boost for startups
Startup Virta Health saw 60% revenue growth last year, topping $100 million, driven by demand for its employer weight loss management program.CNBC - 14m -
Cinemark’s stock is dubbed a top pick amid ‘compelling’ slate of 2025 movies
Movie-theater chain Cinemark will reap the benefits of an improving box office in 2025, according to analyst firm Benchmark.MarketWatch - 15m