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CVS to expand health hubs to 1,500 stores by end of 2021

CVS Health Corp said it will offer expanded health services such as nutrition counseling and blood pressure screenings in 1,500 stores by the end of 2021, following through on plans announced during the pharmacy chain's 2018 acquisition of health insurer Aetna.



6 years ago

IRS looking into Uber 2013-14 tax returns

Uber Technologies Inc is currently under a federal income tax examination by the Internal Revenue Service (IRS) for tax years 2013 and 2014, the ride-hailing company said in a filing https://www.sec.gov/Archives/edgar/data/1543151/000162828019007524/0001628280-19-007524-index.htm) on Tuesday.



6 years ago

U.S. firms fret as China's FedEx probe, planned hit-list heightens trade frictions

The sudden deterioration in trade talks between the United States and China last month has ratcheted up concerns among U.S. firms that the dispute could go beyond tariffs and affect business in the long-term.



6 years ago

Exclusive: SEC probes Siemens, GE, Philips in alleged China medical equipment scheme

The U.S. Securities and Exchange Commission is investigating Siemens AG, Philips NV and General Electric Co for allegedly using local middlemen to negotiate bribes with Chinese government and hospital officials to sell medical equipment, two U.S. sources with knowledge of the matter told Reuters.



6 years ago

Pernod confident on Asia, Jacob's Creek selling well in China

Drinks group Pernod Ricard, which is being targeted by activist investor Elliot, sounded confident on Tuesday over its growth prospects in Asia including for wines such as its Jacob's Creek brand.



6 years ago

FCA-Renault tie-up clears French hurdles before board meeting: sources

Fiat Chrysler has resolved key differences with France over its proposed merger with Renault, three sources told Reuters on Tuesday, as the French carmaker's board met to review the $35 billion tie-up plan.



6 years ago

Wall St. opens higher on rate cut hopes

U.S. stocks opened higher on Tuesday after a senior Federal Reserve official pointed the way to a cut in interest rates in response to slowing economic growth.



6 years ago

Uber says IRS probing its 2013-14 tax returns

The U.S. Internal Revenue Service is auditing Uber Technologies Inc's taxes for 2013 and 2014 and the ride-hailing company expects unrecognized tax benefits to be reduced within the next year by at least $141 million.



6 years ago

Wall Street gains on rate-cut hopes; tech leads rebound

U.S. stocks rose on Tuesday, led by a rebound in the battered technology sector, as Federal Reserve Chair Jerome Powell's said the central bank would act "as appropriate" to trade war risks, leaving the door open for a possible rate cut.



6 years ago

Sephora to shut U.S. stores for diversity training after racial incident

LVMH's Sephora beauty chain said it will close all its U.S. stores, distribution centers and corporate offices on Wednesday to conduct diversity training for employees, a move that follows a racial incident involving a Grammy-nominated singer.



6 years ago

Sephora to shut U.S. stores for day of diversity training after racial incident

LVMH's Sephora beauty chain said it will close all its U.S. stores, distribution centers and corporate offices on Wednesday to conduct diversity training for employees, a move that follows a racial incident involving a Grammy-nominated singer.



6 years ago

Collapsed Jet Airways' ex-partners, rivals scramble to fill India capacity void

Former partners and rivals of Jet Airways Ltd are launching replacement routes and looking for new codeshare partners as they scramble to fill a lucrative gap left by the collapse of the India's once-largest international airline.



6 years ago

U.S.-based engineers' body lifts curbs on Huawei employees

The Institute of Electrical and Electronics Engineers (IEEE) on Monday said employees of Huawei Technologies and its subsidiaries would be allowed to participate in a peer review process for its research papers, lifting previous curbs.



6 years ago

Exclusive: U.S. set to grant tentative approval to American, Qantas venture - sources

The U.S. Transportation Department is expected to provide tentative approval to a bid by American Airlines Group Inc and Qantas Airways Ltd to operate a joint venture, two people briefed on the matter said on Sunday.



6 years ago

Oil prices slide as trade wars roil financial markets

Oil prices fell more than 1% on Monday, extending losses of over 3% from Friday, when crude markets racked up their biggest monthly losses in six months amid stalling demand and as trade wars fanned fears of a global economic slowdown.



6 years ago