Blue Shield of California drops CVS, taps Amazon and others to lower drug costs
(Reuters) – Non-profit insurer Blue Shield of California plans to drop CVS Health (NYSE:CVS) as its pharmacy benefit manager and…
Stellantis invests in direct lithium extraction project
Stellantis (NYSE:STLA) said Thursday that the carmaker will be investing more than $100 million in California-based direct lithium extraction (DLE)…
KeyBanc survey indicates weaker Apple iPhone sell-through trends
KeyBanc said in a research note Thursday that results from its July monthly carrier survey indicate slower Apple (NASDAQ:AAPL) iPhone…
Chile’s Codelco at risk of insolvency as debt grows, CESCO report says
(Reuters) – Chile’s Codelco, the world’s largest copper producer, is at risk of insolvency due to rising costs and a…
Cisco Systems and Ball rise premarket; CVS, Wolfspeed and Tapestry lower
U.S. futures traded higher Thursday, rebounding after two consecutive days of losses amid more earnings from the retail sector and…
Exclusive-China’s state banks seen selling dollars for yuan in London and New York hours
(Reuters) – China’s major state-owned banks were seen busy selling U.S. dollars to buy yuan in both onshore and offshore…
Dollar near two-month highs after Fed minutes; yen remains weak
The U.S. dollar edged lower in early European trade Thursday but remains trading near two-month highs after the minutes from…
Norway central bank raises rate to 4.0%, eyes September hike
(Reuters) – Norway’s central bank raised its benchmark interest rate by 25 basis points to 4.0% on Thursday to try…
Futures inch higher as investors assess Fed minutes; Cisco gains
(Reuters) – U.S. stock index futures edged higher on Thursday, a day after minutes of the Federal Reserve’s last policy…
Wood Mackenzie: govts’ ‘unrealistic’ offshore wind expansion target would require $27 billion by 2026
(Reuters) – Government targets to increase wind power installations globally by five-fold annually by 2030 are unrealistic and would require…