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Categories Editor's Pick

DOJ sues Walgreens, alleging it ‘knowingly’ filled millions of invalid prescriptions

Author January 19, 2025

The Department of Justice said Friday that it sued pharmacy giant Walgreens over allegedly dispensing millions of unlawful prescriptions. The DOJ said that Walgreens from August 2012 until the

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Categories Editor's Pick

Capital One outage drags into Friday afternoon, leaving some customers without deposit access

Author January 18, 2025

An outage affecting Capital One customers dragged into its second day Friday, further preventing some customers from accessing deposits, payments and transfers.

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Categories Editor's Pick

Vanguard fined more than $100 million by SEC over violations involving target date retirement funds

Author January 17, 2025

Asset management giant Vanguard has been fined more than $100 million to settle charges related to disclosures around target date investment funds, the Securities

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Categories Editor's Pick

FDA officially authorizes Zyn nicotine pouches for sale following health review

Author January 17, 2025

The U.S. Food and Drug Administration formally authorized Zyn nicotine pouches for sale after conducting an ‘extensive scientific review’ about their safety. In

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Categories Editor's Pick

UnitedHealth CEO says U.S. health system ‘needs to function better’

Author January 17, 2025

The CEO of UnitedHealth Group said Thursday that shortcomings of America’s health care system must be addressed. On the company’s first earnings call

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Categories Editor's Pick

Pepsi sued by federal regulators for giving Walmart preferential soft-drink pricing

Author January 17, 2025

The Federal Trade Commission said Friday that it is suing PepsiCo for illegal price discrimination, alleging the food and beverage giant gave an unnamed retailer more

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Categories Editor's Pick

Investors pitch new international basketball league that would offer players equity

Author January 17, 2025

A group of high powered investors want to raise billions to form a new international basketball league, according to people familiar with

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Categories Editor's Pick

American Express to pay $230 million to settle DOJ fraud probe, deceptive marketing claim

Author January 17, 2025

American Express will pay a total of about $230 million to resolve federal wire fraud investigations, and to settle civil allegations of deceptive

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Categories Editor's Pick

Target says its holiday sales were better than expected — but its profits weren’t

Author January 16, 2025

Target raised its fourth-quarter sales forecast Thursday after more consumers turned to its stores and website for holiday shopping — particularly on days

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Categories Editor's Pick

JPMorgan Chase posts record profit as the bank’s massive scale pays off

Author January 16, 2025

JPMorgan Chase on Wednesday posted record quarterly and annual earnings and revenue, reinforcing the company’s status as the biggest and most profitable bank

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