Bed Bath & Beyond Inc. is reportedly preparing for a bankruptcy filing, but the stock had its biggest percentage gain on record.
: The way Medicare will negotiate down prescription drug prices takes shape
Biden administration releases timeline for negotiations as policy experts debate pharmaceutical industry impact
: Optimism has been returning to China’s economy — but can it last?
Much depends on how quickly the country’s ’tsunami’ of COVID infections lasts, and whether Beijing’s unpredictable virus-control policies hamper or foster growth, analysts say
: AMD poaches Marvell’s Jean Hu for CFO slot as Devinder Kumar retires
AMD said late Wednesday that financial chief Devinder Kumar was retiring and that Marvell Technology Inc.’s Jean Hu would take his place.
Living With Climate Change: Adding protein to diets via fermentation is one solution to egg shortages and climate change
As the world rethinks animal consumption and supply-chain gaps, celebrities Jessica Chastain and Anne Hathaway back EVERY’s fermented nature-based proteins.
Earnings Results: Inflation, ‘uncertain economy’ are making home buyers more cautious, KB Home says
Potential home buyers are more cautious than they were in the middle of last year thanks to higher mortgage rates, “persistent” inflation and an “uncertain economy,” KB Home said Tuesday as it reported a quarterly miss.
Personal Finance Daily: Workers want to take on more responsibility — and need greater engagement from their boss in 2023 and why you should protect your salary with ‘own occupation’ disability insurance, just like you insure your house
Wednesday’s top personal finance stories.
Crypto: FTX bankruptcy judge ends $135 million naming-rights deal for Miami Heat’s FTX Arena
FTX Arena will be striped of its name, after a judge ended the deal between FTX and Miami-Dade County, according to several reports.
: The PC industry just suffered its worst decline on record, again
Global PC sales notched their worst recorded quarterly decline ever over the holiday season with Apple Inc. suffering the least.
Market Extra: Thursday’s CPI report could terminate the U.S. stock market’s hope that inflation will just melt away
A mild stock market rally to kick off the new year will be put to the test Thursday when investors face a highly-awaited inflation reading which could well help determine the size of the Federal Reserve’s next interest-rate increase.