Petco made headlines recently as it announced the departure of its CEO, Ron Coughlin. In his place, R. Michael Mohan, a board member and former Best Buy executive, will be stepping in as the interim chief executive until a permanent replacement is found. The news of Coughlin’s resignation comes as a surprise to many, considering
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Eli Lilly recently announced a groundbreaking partnership with Amazon Pharmacy that will transform the way certain prescription drugs, including the popular Zepbound weight loss treatment, are delivered to patients. By leveraging Amazon Pharmacy’s direct-to-consumer program, Eli Lilly aims to make it easier for patients to access essential medications without the need for multiple visits to
Southwest Airlines recently announced that it will be forced to make adjustments to its capacity plans and financial forecasts for the year due to delivery delays from Boeing, its primary aircraft supplier. The airline revealed that Boeing had revised its delivery projections, indicating a decrease in the expected number of Boeing 737 Max 8 planes
Frontier Airlines recently introduced a new add-on called UpFront Plus, aimed at providing passengers with more room and eliminating the dreaded middle seat neighbor. However, upon closer inspection, it becomes evident that this offering falls short of what one would typically expect from a first-class experience. UpFront Plus Overview While the concept of blocking the
The toy industry faced a significant challenge in 2023 as global sales slipped by 7%, according to data from Circana. However, amidst this downturn, the Denmark-based Lego company managed to grow its sales by 2%. This resilient performance was a testament to Lego’s ability to navigate through challenging times while continuing to outperform the industry.
Jessica Berman, the commissioner of the National Women’s Soccer League (NWSL) since 2022, has made significant strides in transforming the league and paving the way for women in sports. Her journey from a labor and employment lawyer to the first female deputy commissioner of a men’s professional sports league to eventually leading the NWSL showcases
The recent approval of Novo Nordisk’s weight loss drug, Wegovy, by the Food and Drug Administration (FDA) marks a significant milestone in the treatment of obesity and heart disease. This groundbreaking approval not only expands treatment options for millions of patients but also highlights the potential health benefits associated with weight loss drugs beyond just
New York Community Bank (NYCB) recently announced a significant loss in deposits, with a 7% decrease in the month preceding a capital injection of over $1 billion from investors, including former Treasury Secretary Steven Mnuchin’s Liberty Strategic Capital. The bank reported a total of $77.2 billion in deposits as of March 5, down from $83
President Joe Biden has proposed increasing the number of prescription drugs that the federal Medicare program can negotiate prices for each year. Currently, the target is set at 20 medicines, but Biden is pushing for at least 50 drugs to be included in these negotiations annually. This move is part of his broader health-care policy
The Consumer Financial Protection Bureau recently announced a new rule that would limit the late fees that banks can charge their customers to $8 per incident. This change is expected to save more than 45 million card users an average of $220 annually, significantly reducing the financial burden on many Americans. The decision to implement