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…

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…

4 big analyst cuts: SolarEdge Technologies stock plunges on BofA downgrade

SolarEdge Technologies stock drops on BofA downgrade SolarEdge Technologies (NASDAQ:SEDG) shares fell more than 4% yesterday after BofA Securities downgraded…

Fisker releases further details on new Alaska EV pickup

California-based electric vehicle maker, Fisker (NYSE:FSR) released new details on their upcoming Alaska Super Sport electric pickup truck Thursday. The…

India stocks lower at close of trade; Nifty 50 down 0.51%

India stocks were lower after the close on Thursday, as losses in the Fast Moving Consumer Goods, Oil & Gas…

Exclusive-US imports of auto parts face scrutiny under law on Chinese forced labor

(Reuters) – Electric-vehicle batteries and other car parts are the latest products under scrutiny as part of Washington’s effort to…