The stock reaction on Wednesday appeared to be in response to new bipartisan legislation that aims to break up pharmacy benefit managers.
Month: December 2024
December Fed rate cut seen as a lock — then caution may prevail
The latest Consumer Price Index reading is in line with expectations, but progress in fighting inflation has stalled. Forecasts for a slower pace of easing next year might keep mortgage rates above 6 percent.
Best Contracting Services Breaks Ground on 264kW Microgrid and EV Charging Network in Gardena, CA
GARDENA, Calif.–(BUSINESS WIRE)–Best Contracting Services, the southern California leader in commercial roofing services, has officially broken ground on a 264kW microgrid at its corporate headquarters in Gardena, California. This state-of-the-art project not only showcases the Company’s commitment to sustainability and energy innovation but also includes the installation of 19 electric vehicle (EV) charging stations powered by clean energy from the microgrid. The microgrid, powered by advanc
The Billion-Dollar Adult Streaming Industry Is Fueled by Horrific Labor Abuses
Bedbugs and cockroaches. Filthy shared equipment. Constant surveillance, and zero control over their accounts. These are just some of the deplorable conditions adult cammers say they face on the job.
Smartsheet 2025 Project and Portfolio Management Priorities Report: Teams are Fatigued, and Executives Need to Pay Attention
BELLEVUE, Wash.–(BUSINESS WIRE)–Today, Smartsheet (NYSE:SMAR), the AI enhanced enterprise grade work management platform, released new research on the effects of workplace changes on project and portfolio management (PPM) professionals in the 2025 Project and Portfolio Management Priorities Report. The highly-anticipated data report reveals that 92% of PPM professionals struggle to adapt to workplace changes, such as frequent shifts in priorities, gaps in communication and collaboration, and
Uptick in Osceola County, Florida, planned projects despite obstacles
Project momentum continues despite substantial mobility fee increases taking effect June 2025
Rate cut unlikely in Feb review or in FY26: Axis Bank’s Neelkanth Mishra
A rate cut will not be possible for the next 13-14 months due to the inflation outlook, said Mishra, who is also a part-time member of the PM’s Economic Advisory Council
Albertsons Backs Out of Merger Deal and Sues Kroger After Court Rulings
The supermarket chain had tried to join forces with Kroger, but judges sided with federal and state regulators who charged that the merger would reduce competition.
KBRA Assigns Preliminary Ratings to OWN Equipment Fund I LLC
NEW YORK–(BUSINESS WIRE)– #creditratingagency–KBRA assigns preliminary ratings to two classes of notes issued by OWN Equipment Fund I LLC (OWN or the Issuer), an equipment rental ABS transaction. The Transaction represents EquipmentShare.com Inc.’s (EQS, Company, Equipment Manager or Co-Sponsor) second equipment rental ABS transaction as Equipment Manager and first as Co-Sponsor. The other co-sponsor will be OWN Tactical Equipment I LLC (OWN Tactical or Managing Investor), a newly formed HoldCo managed by MidOcea
Buoyed by Trump, U.S. dealers are optimistic on everything except electric vehicles sales
Cox reports there’s a “renewed optimism” among U.S. car dealers heading into 2025, fueled by Donald Trump’s election and positive trends in interest rates.