Tag: Retail/Wholesale

CVS Ousts Executives After Internal Probe, Vows to Overhaul How It Handles Sexual-Harassment Complaints
CVS Ousts Executives After Internal Probe, Vows to Overhaul How It Handles Sexual-Harassment Complaints

CVS Health Corp. CVS -0.59% Chief Executive Karen Lynch has removed several executives following an internal investigation into how they handled sexual-harassment complaints and is overhauling how the company handles such matters, according to people familiar with the matter. Ms. Lynch, who took over as CEO a year ago, in December became aware of complaints […]

The Real Reason Amazon Split Its Stock
The Real Reason Amazon Split Its Stock

The Amazon Spheres at the company’s headquarters in Seattle, Wash. John Moore/Getty Images Text size Mathematically, stock splits create no value. Splitting your stock 20-for-1—a move Amazon announced last week—isn’t really any different than swapping a $20 bill for 20 singles. Your wallet might be a little fatter, but you aren’t any richer. The fact […]

Stocks Open Lower After Oil Hits $130 a Barrel
Stocks Open Lower After Oil Hits $130 a Barrel

US stocks and global equity indexes dropped as the threat of a potential ban on Russian oil imports spurred a surge in energy prices that investors worry could smother economic growth, especially in Europe. The Dow Jones Industrial Average and S&P 500 declined between 0.2% and 0.4% in early Monday trading. The Nasdaq Composite Index […]

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