Walgreens has recently announced its plan to work directly with drugmakers in order to provide cell and gene therapies to patients in the United States. This move is part of a broader expansion of its specialty pharmacy services. The company is launching a new business unit dedicated to its specialty pharmacy segment, which will include
Business
An analysis from the health policy research organization KFF has found that more than 3 million people with Medicare could potentially be eligible for coverage of Wegovy now that the weight loss drug has been approved for heart health in the U.S. However, despite this eligibility, certain beneficiaries may still face out-of-pocket costs for this
PepsiCo recently reported their quarterly earnings and revenue, both of which surpassed analysts’ expectations. However, the company still faced challenges in the U.S. market due to weaker demand. This was primarily caused by Quaker Oats recalls and the backlash to the higher prices of their drinks and snacks. Despite beating revenue expectations, PepsiCo experienced a
The real estate market has seen a significant divide between the luxury sector and the rest of the market. While overall real estate sales fell by 4% nationwide in the first quarter, luxury real estate sales increased by more than 2%. This surge in luxury real estate sales marks the best year-over-year gains in three
Lululemon has recently announced its decision to close its distribution center in Sumner, Washington, resulting in the layoff of 128 employees. This move comes after the company opened a new, larger warehouse outside of Los Angeles. The closure is part of Lululemon’s efforts to optimize its distribution network in line with its growth strategy. The
Netflix made a significant announcement that it will no longer provide quarterly membership numbers or average revenue per user starting next year. This decision comes as the company reported earnings that exceeded expectations on both the top and bottom lines. The total number of memberships rose by 16% in the last quarter, reaching 269.6 million,
The aviation industry has been under scrutiny recently due to a series of safety issues. From United Airlines to Delta Air Lines, incidents like a door plug blowing out of a Boeing 737 Max 9 and a tire falling from one of United Airlines’ older Boeing 777s have raised concerns about safety protocols. These incidents
Republican governors from six states have come together to express their concerns regarding the United Auto Workers’ (UAW) efforts to organize automotive factories in the South. The governors of Alabama, Georgia, Mississippi, South Carolina, Tennessee, and Texas have signed a joint statement warning that the union’s push for unionization could potentially lead to layoffs and
Recently, Boeing has come under fire due to allegations made by one of its engineers, Sam Salehpour, regarding the quality and safety testing of its 787 Dreamliner and 777 aircraft. Salehpour claimed that Boeing took “shortcuts” to speed up production, potentially compromising the lifespan of the planes. However, Boeing refutes these allegations, stating that they
Electric vehicle (EV) adoption in the United States has been slower than anticipated, but one surprising leader in this movement is Hawaii. Ranking fifth in overall EV adoption, Hawaii has shown significant growth in the transition to electric vehicles. Factors contributing to this surge in EV adoption are unique to the island state, including high