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Category : Business (Archive for 2017-10-27) News by Google
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Washington Post
Why CVS Health would want to buy Aetna
Washington Post
CVS Health is reportedly in talks to buy the nation's third-largest health insurer, Aetna — a deal that would allow the pharmacy giant to expand into an entirely new arena of health care. A successful deal could push millions of Aetna's members toward ...

The Verge
Amazon is leaning on its secret weapon: spending more to earn more
The Verge
Amazon noted an uptick in net sales of 34 percent to $43.7 billion in the third quarter. Whole Foods contributed $1.3 billion to net sales, the company said, despite the grocery chain's stalling financials prior to the Amazon merger. Following the ...

BBC News
Amazon and Alphabet report sales surge
BBC News
Tech giants Amazon and Google's parent Alphabet have posted a surge in sales over the last three months. Shares in Alphabet jumped above $1,000 in after-hours trading after the company reported sales up 24% to $27.8bn. Amazon, the world's biggest ...

MarketWatch
How Google generated a few extra billion dollars
MarketWatch
Google boosted revenue by more than $5 billion in the third quarter, and while the core advertising business contributed the bulk of that new money, “other” businesses grew much faster. Overall, Alphabet Inc.'s GOOGL, +0.00% GOOG, -0.08% third-quarter ...

India West
John Kapoor, Indian American Billionaire and Founder of Insys, Arrested in Alleged Opioid Scheme
India West
Billionaire Indian American John Kapoor, founder of the pharmaceutical company Insys, has been arrested on racketeering charges in connection with the marketing of a Fentanyl spray. His attorney told CBS News that Kapoor "is innocent of these charges ...

Slate Magazine
What's Going On With All These Tesla Firings?
Slate Magazine
Former employees aren't buying poor performance as the cause. Is there something more to the story? By Aaron Mak. NETHERLANDSUSEUAUTOBUSINESSECONOMYTESLAMOTORS An estimated 1,200 employees have been let go.

Variety
Anheuser-Busch Marketing Executive Joins Reach Entertainment
Variety
Jimmy Holleran, a longtime entertainment-marketing executive who has put Anheuser-Busch InBev beverages in projects ranging from Netflix' “House of Cards” to the movie “La La Land” has taken up a new position that will have him working with the brewer ...

KTLA
American Airlines CEO Says Company Can Treat Minority Travelers Better After NAACP Issues Travel Advisory
KTLA
American Airlines CEO Douglas Parker said Thursday his airline can do a better job in race relations with its customers. Two days after the NAACP issued a “travel advisory” saying that it has noticed “a pattern of disturbing incidents reported by ...

Bloomberg
Amazon Threat Causes Shakeout in the Health-Care Industry
Bloomberg
The prospect of the giant Internet retailer entering the business is beginning to cause far-reaching reverberations for a range of companies, roiling the shares of drugstore chains, drug distributors and pharmacy-benefit managers, and potentially ...

The Detroit News
Tesla running behind Musk's driverless promises
The Detroit News
A year ago, Tesla Inc. set up a hastily organized conference call between Elon Musk and reporters. Tesla had something big to announce big enough for the chief executive to open the floor to questions. That doesn't happen very often. What followed wasn ...

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