February 4, 2021

Kohl's offers mixed picture for holiday quarter

NEW YORK — Kohl’s Corp. delivered a better assessment of fiscal fourth-quarter earnings, but a key sales measure was down more than analysts expected. The […]
February 4, 2021

US productivity in Q4 falls by largest amount in 39 years

WASHINGTON — U.S. productivity in the October-December quarter fell by the largest amount in 39 years as the coronavirus pandemic roiled the labor market. Productivity […]
February 4, 2021

Longtime Merck CEO Ken Frazier to retire

Ken Frazier, the longtime chief executive of Merck and one of the few remaining Black CEOs of a Fortune 500 company, is retiring. Frazier, Merck’s […]
February 4, 2021

UnitedHealth Group taps Witty as new CEO

David Wichmann is stepping down as chief executive of UnitedHealth Group, the nation’s largest health insurer and Minnesota’s largest company. Andrew Witty, the head of […]
February 4, 2021

Bank of England upbeat on UK recovery after vaccine rollout

LONDON — The Bank of England opted against another monetary stimulus on Thursday amid rising optimism over the British economy’s prospects later this year in […]
February 4, 2021

UnitedHealth names former Glaxo CEO Witty to lead company

UnitedHealth Group is promoting former GlaxoSmithKline leader Sir Andrew Witty to become the health insurance provider’s next CEO immediately. The company said Thursday that current […]
February 4, 2021

Hunter Biden's memoir 'Beautiful Things' out in April

NEW YORK — Hunter Biden, son of President Joe Biden and an ongoing target for conservatives, has a memoir coming out April 6. The book […]
February 4, 2021

Japan scientists to study source of high heat on asteroid

TOKYO — Japanese space experts said Thursday they will examine soil samples brought back from a distant asteroid in an attempt to find the source […]
February 4, 2021

US productivity fell sharply in Q4 while labor costs rose

WASHINGTON — U.S. productivity fell sharply in the October-December quarter while labor costs rose. The Labor Department reported Thursday that productivity dropped at a 4.8% […]
February 4, 2021

Merck loses $2.1B in Q4; longtime CEO Frazier to retire

Merck posted a big fourth-quarter loss due to a hefty charge and higher spending on research, production and overhead. The company also announced Ken Frazier, […]
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