CVS reports rising medical costs among senior members: Here’s how CVS can manage care utilization for its Medicare Advantage members.
Amazon reduces its healthcare workforce: The One Medical and Pharmacy job cuts aren’t all that surprising given the company’s recent layoffs. But now the pressure is on to deliver a superior patient experience.
WBD, Fox, Disney team up to shake up sports streaming: The companies will launch a Hulu-like streaming venture with access to each network’s linear sports content.
A litany of big headlines from Disney: The company’s Q1 earnings came with news of gaming investments, an ESPN streaming service, and narrowing losses.
Mattel expects flat sales next year: While the company plans to lean on its strong brands to develop movies and games, it isn’t immune to the toy industry’s broader challenges.
Luxury demand in North America remains robust, even as brands raise prices: Tapestry, Ralph Lauren, and Kering noted improvements in sales as they attempt to improve their brand prestige.
Under Armour expects revenues to fall 3% to 4% this year: That’s slightly more than it previously expected, but it also raised expectations for full-year gross margin and earnings.
Super Bowl ads' soaring prices versus rewards: From $42,500 to $7 million, the investment in cultural and digital narratives redefines advertising success.
Google’s Gemini is more than a generative AI contender—by replacing Google Assistant and Search, it’s taking over Google’s massive user install base in areas OpenAI can’t reach.
OpenAI moves beyond chatbots to AI agents: The move could be a sector game-changer but poses risks that will make consumers uneasy and require winning trust.
The company’s shares soared 60% as a vote of confidence in its resilience and importance in the shift to on-device AI and data center technologies.
It’s executing a three-pronged strategy in hopes of turning around its struggling wealth management business.
36% of marketers worldwide will increase investment in brand marketing this year, a 13 percentage point increase over 2022, according to a December 2023 report from WARC.
As debts rise and credit quality weakens, banks are tightening lending standards, and consumers are starting to turn to alternative payment methods
This move solidifies Mastercard’s leadership in this high-value payments space
While these offerings can improve sales and customer satisfaction, merchants must also take into account this added and very costly risk
Target looks to a paid membership program to fuel growth: The Amazon Prime-like program could incorporate Shipt, the company’s $99 annual delivery service.
Alibaba is stuck in a rut: China’s largest ecommerce company faces diminishing growth and market share as consumers cut spending.