longterm

'The old British growth model is dead': what a long-term weak pound means for Britain

‘The old British growth model is dead’: what a long-term weak pound means for Britain

A British one pound coin sits in this arranged photograph in London, UK Bloomberg | Bloomberg | Getty Images LONDON — The exchange rate of the pound sterling against the American dollars has been on a roller coaster ride for the past few months. After a year of steady decline, it plunged to an all-time …

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headshot - CVS Health President and CEO Karen Lynch

Update: CVS plans to sell Omnicare’s long-term care pharmacy business, saying it’s ‘no longer a strategic asset’

Karen Lynch, President and CEO of CVS Health Woonsocket, RI-based CVS Health, plans to sell its Cincinnati-based long-term care pharmacy business, Omnicare, reporting a $2.5 billion loss in the third quarter, the company announced Wednesday. . “We continue to strategically evaluate our portfolio and make decisions on assets that do not strategically fit our portfolio. …

Update: CVS plans to sell Omnicare’s long-term care pharmacy business, saying it’s ‘no longer a strategic asset’ Read More »