Company Cuts Costs
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Senator slams drugmaker for seeming to skirt pledge to cap inhaler cost
Drug manufacturing giant GSK is subverting its pledge to lower the price of its brand-name inhaler products, a key Democratic senator alleged. In a letter to CEO Emma Walmsley made public Thursday, Sen. Maggie Hassan (D-N.H.) said the company ...The Hill - Politics -
Wayfair shares surge after furniture retailer cuts losses by more than $100 million
Wayfair's sales fell in the first quarter, but the furniture retailer narrowed its losses by over $100 million after cutting 13% of its staff.CNBC - Business