Post Office scandal: Investigator denies claims of ‘mafia’ behaviour
Stephen Bradshaw comes face to face with sub-postmasters he investigated at the Horizon scandal inquiry.
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Why “Staying Flexible” Has Quietly Become a Business Strategy
For a long time, flexibility in business was treated as a soft skill. Something useful at the margins, but not a strategy in itself. Serious planning meant forecasts, fixed roadmaps, and clearly defined milestones. Flexibility was what you relied on when the plan failed. That framing has flipped. In today’s environment, staying flexible is no…
Walgreens to Pay Humana $360 Million to Settle Drug-Pricing Dispute
Walgreens Boots Alliance has agreed to pay $360 million to insurance company Humana to settle a lawsuit alleging the retail-pharmacy chain overcharged for prescription-drug reimbursements. Walgreens disclosed the settlement in a securities filing last week. The company said it had asked a federal court to vacate a previous award in Humana’s favor for $642 million….
Falling mortgage rates lend a helping hand to home buyers
Mortgage rates fell for the eighth consecutive week, giving cash-strapped home buyers some relief as the new year approaches. The average interest rate on the popular 30-year fixed mortgage clocked in at 6.67% for the week ended Dec. 20, down from 6.95% a week earlier, according to data released Thursday by mortgage giant Freddie Mac….
Home prices are surging — and Detroit gained the most in November, beating Miami for the first time
A “For Sale” sign hangs outside a home on the west side of Detroit, Michigan. Fabrizio Costantini | Bloomberg | Getty Images Home prices are rising faster and faster each month, fueled by a decline in mortgage rates. On a national level, home prices jumped 5.2% in November compared to the same month a year…
Boeing shares stumble after mid-flight blowout
Boeing shares fell more than 8% at one point while shares in its supplier Spirit Aerosystems dropped 11%.
The Messenger is counting on a sudden and dramatic advertising turnaround to survive
Screenshot of the TheMessenger website. Source: TheMessenger The Messenger, the struggling news media startup co-founded by publishing veteran Jimmy Finkelstein, is urging potential investors to make a long-shot bet on a dramatic rebound in advertising this year. The company is attempting to stop the cash burn that has put it in jeopardy. CNBC has obtained…
