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Starbucks’s turnaround plan under new CEO now likely includes job cuts
Coffee chain Starbucks’s promised overhaul may require cutting jobs as it tries to work more efficiently, CEO Brian Niccol said.MarketWatch - 4h -
Ozempic picked for Medicare price bargaining
Click in for more news from The Hill {beacon} Health Care Health Care The Big Story Biden adds Ozempic to list for Medicare price negotiation In one of its last actions, the Biden administration ...The Hill - 4h -
Starbucks Expecting Job Cuts by March
Starbucks said it expects to eliminate jobs, without affecting in-store teams, as part of its broader effort to operate more efficiently.The Wall Street Journal - 6h -
Obesity drugs Ozempic and Wegovy included in US price-cut talks
Novo Nordisk shares hit as government adds blockbuster weight-loss treatments to new round of negotiationsFinancial Times - 6h -
Medicare to Negotiate Lower Prices for Weight-Loss Drugs
The government is expected to pay lower prices for Ozempic and Wegovy starting in 2027. The Trump administration will decide whether to expand coverage for millions of Americans.The New York Times - 13h -
Medicare announces weight-loss drugs, including Ozempic, will be up for price negotiations
The Biden administration on Friday released its next round of prescription drugs selected for Medicare price negotiations, which includes Ozempic.NBC News - 12h -
Ozempic, Wegovy on list for Medicare drug price negotiations
The hugely popular medications Ozempic and Wegovy, used for diabetes and weight loss, will be included in the next round of talks to negotiate lower Medicare drug prices.CBS News - 13h -
CMS to seek Medicare negotiations on Ozempic price
The Centers for Medicare and Medicaid Services (CMS) has included Ozempic among the next 15 drugs chosen for Medicare negotiation. CMS listed Ozempic, Rybelsus and Wegovy — all forms of semaglutide ...The Hill - 13h -
Surprise mobile mid-contract price rises banned
It comes after customers complained of not being able to plan for price rises.BBC News - 1d -
Spirit Airlines cuts 200 jobs in bankruptcy cost-cutting scramble
Spirit Airlines cuts 200 jobs across the airline as it seeks to exit bankruptcy protection this quarter.CNBC - 1d -
'Arteta paying price for not curing glaring Arsenal weakness'
Arsenal's season is in the balance, as their FA Cup exit highlights manager Mikel Arteta's failure to sign a striker.BBC News - 5d -
What Will Manhattan Congestion Pricing Do to Restaurants?
Days into the new charges, some restaurant owners say suppliers are raising prices. Others are giving customer discounts, and many fear the fallout for workers.The New York Times - 6d -
Trump's tax-cut obstacle course
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Senate GOP worries Trump’s tax agenda at risk Senate Republicans fear ...The Hill - Jan. 10 -
The Fed Is in No Rush to Cut Rates
Fed officials have signaled that it will take more than one weak report to convince them that the labor market is deteriorating.The New York Times - Jan. 10 -
Price Stability Slowly Returns to Used Car Markets
Reduced new auto production during the pandemic cut used car supplies, too, contributing to double-digit price fluctuations and sector instability that may finally be ending.Inc. - Jan. 9 -
Cutting out alcohol for "Dry January"
Many Americans are starting off this new year by focusing on sobriety and giving up alcohol for Dry January. CBS News' Bradley Blackburn has more.CBS News - Jan. 9 -
Trump will struggle to drive down oil prices
Energy production in the US will rise but more of the output will be gassyFinancial Times - Jan. 9 -
3 reasons Trump keeps floating U.S. control of Greenland — including one tied to tax cuts
Here’s why President-elect Donald Trump keeps talking about one idea from his first term in office — getting control of Greenland, the giant territory controlled by Denmark.MarketWatch - Jan. 8 -
3 gold price scenarios that could occur in 2025
Gold prices could rise, stay stable or drop in the new year — depending on key factors. Here's what to consider.CBS News - Jan. 7 -
UK house prices dipped in December, says Halifax
Decline is first for nine months although prices still 3.3% above last yearFinancial Times - Jan. 7 -
Controversial congestion pricing plan takes effect in NYC
Driving just got more expensive for many New York City commuters as congestion pricing was put to its first rush hour test. Supporters argue the plan cuts down on gridlock and greenhouse gas ...CBS News - Jan. 6 -
How Congestion Pricing Will Affect Small Businesses
New York City’s controversial new toll could hurt small businesses by making deliveries more expensive—or help them by reducing traffic jams.Inc. - Jan. 6 -
Congestion pricing begins in New York City
New York City's first-in-the-nation congestion pricing plan has gone into effect. CBS News reporter Elijah Westbrook has more.CBS News - Jan. 6 -
Firms to raise prices due to tax and wage increases
Consumers could face higher costs in the coming months amid falling confidence among UK businesses.BBC News - Jan. 6 -
Congestion pricing is a New York idea.
A Columbia University economist, William Vickrey, proposed charging varying tolls for roads and subways in the 1950s.The New York Times - Jan. 5 -
Congestion Pricing Shows the Future of the Democratic Party
A model for how to deliver for voters without getting stuck in a traffic jam — political or otherwise.The New York Times - Jan. 5 -
Congestion pricing in NYC starts after years of turmoil
The countdown to congestion pricing in New York City is over. Drivers now must pay a toll to enter Manhattan south of 60th Street.CBS News - Jan. 5 -
N.Y.C. Congestion Pricing Begins on Sunday
After twists and turns, a contentious plan meant to reduce traffic and pay for transit improvements is scheduled to take effect at midnight Sunday.The New York Times - Jan. 4 -
Why Coffee Prices Are Soaring (Again)
Wholesale coffee prices are trading near a 50-year high because of shortages related to extreme weather and increased global demand.The New York Times - Jan. 4 -
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Report: Giants wouldn't include Eldridge in trades for stars
The San Francisco Giants reportedly were unwilling to include top prospect Bryce Eldridge in potential trades for star MLB players.Yahoo Sports - Jan. 3 -
Slovakia threatens to cut benefit for Ukrainians
A dispute between Slovakia and Ukraine over Russian natural gas transit has been escalating.BBC News - Jan. 2 -
Pro Bowl rosters include 9 Ravens, no Mahomes
Nine Baltimore Ravens, including two-time NFL MVP Lamar Jackson and Derrick Henry, were selected for the Pro Bowl Games. Patrick Mahomes wasn't selected for the first time since becoming Kansas ...ESPN - Jan. 2 -
Montenegro Shooting Kills 12, Including 2 Children, Officials Say
The authorities in the small Balkan country reported after a search that the gunman, whose rampage followed a bar fight, had been found dead.The New York Times - Jan. 2 -
Twelve people including two children killed in Montenegro shootings
Police identify attacker as 45-year-old Aleksandar Martinović, who they say opened fire in a bar after a fight. Twelve people, including two children, have been killed and four others seriously ...The Guardian - Jan. 2 -
Gunman kills 12 people including 2 kids in Montenegro shooting spree
Officials say a gunman opened fire at multiple locations in Montenegro, killing a dozen people before turning the gun on himself.CBS News - Jan. 2 -
House prices rose by 4.7% in 2024, says Nationwide
Housing market activity remained "remarkably resilient" despite affordability challenges, the lender says.BBC News - Jan. 2 -
Energy prices rise with warnings of more pain to come
The new year starts with a 1% increase in domestic gas and electricity prices under Ofgem's price cap.BBC News - Jan. 1