May 01, 2024
CVS Q1 Earnings Take A Hit From Insurance Venture

The volatile consumer healthcare sector showed up big in CVS’ Q1 earnings Wednesday (May 1), with solid revenue from its store operations but a warning about revenue projections due to its...

May 01, 2024
Peacock’s Price Hike Hints at Delicate Balancing Act for Streaming...

Peacock, the streaming service owned by Comcast’s NBCUniversal, continues to demonstrate strong appeal, with management revealing during a Thursday (April 25) Q1 earnings call that it added 3 million new paid subscribers in...

May 01, 2024
Mastercard: Tokenized Transactions Grow 50% Year Over Year

Mastercard said in its most recent earnings report on Wednesday (May 1) that the shift to digital payments from cash is gaining strength, and contactless and tokenized transactions are proving...

May 01, 2024
Yum Brands Q1 Earnings Show Digital Sales Surge Amid Broader...

Yum Brands, the company behind Pizza Hut, KFC and Taco Bell, reported mixed results in its Q1 earnings announcement Wednesday (May 1) with challenges evident in its traditional sales channels,...

May 01, 2024
Pfizer Reportedly Plans D2C COVID and Migraine Drug Platform

Pharmaceutical giant Pfizer is reportedly creating an online platform selling anti-COVID and migraine medications. The platform, the subject of a Wednesday (May 1) Financial Times (FT) report, comes as drug makers are pushing...

May 01, 2024
Inflation and Pinched Consumer Wallets Dominate Q1 Earnings

If there’s a theme for retailers this earnings season, and especially for dining, it might be crystallized in the comments this week from McDonald’s CEO Chris Kempczinski, who told analysts:...

May 01, 2024
Payment Innovations Help Small Businesses Navigate the Main Street Maze

Payments are the lifeblood of any business, but for small businesses, they are particularly crucial. And with the news that, in the last 12 months, Main Street businesses have operated...

May 01, 2024
Information Sector Loses 4,000 Jobs While Overall Employment Grows

Nine out of 10 industry sectors monitored by ADP posted job gains in April. The sole exception was the information sector, which lost 4,000 jobs during the month, the human...

May 01, 2024
Biden Cancels $6 Billion in Debt for Grads of Failed...

The White House has forgiven $6.1 billion in loans for Art Institutes graduates. That’s because, the Department of Education said in a news release Wednesday (May 1), those graduates were lied to by the...