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Retailing accounts for most private sector jobs

Retailing accounts for most private sector jobs

WASHINGTON – The retail industry continues to be a top employer, according to a new report released by the National Retail Federation on Monday, which found that retailers supported 55 million full-time and part-time jobs in 2022, accounting for 26% of total U.S. employment.

CRN challenges constitutionality of New York law

CRN challenges constitutionality of New York law

The Council for Responsible Nutrition (CRN), the leading trade association for the dietary supplement and functional food industry, today announced the filing of a lawsuit challenging the constitutionality of a recently enacted New York law that would restrict consumer access to safe and beneficial

Bast rejoins Greater Than One as chief strategy officer

Bast rejoins Greater Than One as chief strategy officer

Andrew Bast will be rejoining Media marketing and technology agency Greater Than One as chief strategy officer. Bast brings the art and science of strategic planning to forge dynamic, insight-driven strategies which resonate deeply with clients’ customers, the agency says.

Former Eckerd CEO Stew Turley dies at 89

Former Eckerd CEO Stew Turley dies at 89

Stew Turley, who guided the evolution of Eckerd Corp. for three decades, died last week at his home in Florida after a battle with lymphoma. He was 89. During the course of his tenure at the retailer, which began in 1966 when he was named manager of non-drug operations, Eckerd grew to 2,778

Valdez is COO of Greater Than One

Valdez is COO of Greater Than One

Jason Valdez has been promoted to chief operating officer of Greater Than One, a media marketing and technology agency focused on healthcare. He is responsible for overall operations and ensuring the agency’s mission of building better healthcare experiences for customers.

CVS beats Q4 sales and earnings projections

CVS beats Q4 sales and earnings projections

CVS Health topped analysts’ forecasts for fourth quarter sales and profits, but cut its full year earnings outlook, citing rising medical costs that are hurting the insurance industry. Revenue for the three months ended December 31 climbed 11.9% from the year-ago period to $93.

WBA beats Q1 projections, cuts dividend

WBA beats Q1 projections, cuts dividend

Walgreens Boots Alliance topped Wall Street’s expectations for first quarter sales and earnings, but slashed its quarterly dividend nearly in half. WBA cut its dividend to 25 cents per share from 48 cents per share, reducing the payout for the first time in nearly five decades.

Lilly’s Omvoh now available in the U.S. for ulcerative colitis

Lilly’s Omvoh now available in the U.S. for ulcerative colitis

The Food and Drug Administration has approved Eli Lilly and Co.’s Omvoh (mirikizumab-mrkz) infusion (300 mg/15 mL)/injection (100 mg/mL), as the first and only interleukin-23p19 (IL-23p19) antagonist for the treatment of moderately to severely active ulcerative colitis (UC) in adults.

CVS’ Q3 sales and profits beat forecasts

CVS’ Q3 sales and profits beat forecasts

CVS Health topped Wall Street’s estimates for third quarter revenue and earnings. Adjusted earnings per share of $2.21 exceeded analysts’ predicted $2.13, while revenue of $89.76 billion beat  the forecast of $88.2 billion.