By Elizabeth Culliford (Reuters) – Spotify’s chief content officer Dawn Ostroff told advertisers at a New York conference on Wednesday that the backlash around popular U.S. podcaster Joe Rogan’s podcast had been a “real learning experience” for the streaming service. (Reporting by Elizabeth Culliford)
(Reuters) – CVS Health Corp said on Wednesday it expects to administer 70% to 80% fewer COVID-19 vaccines in 2022 compared with last year, adding that in-store diagnostic testing could fall 40% to 50%. The company administered more COVID-19 vaccine boosters in the fourth quarter instead of the first quarter of 2022, as it had…
WASHINGTON (Reuters) – The U.S. may be nearing a turn lower in inflation, Atlanta Fed president Raphael Bostic said on Wednesday, though he added he is still leaning towards a slightly faster pace of rate increases this year. “I am very hopeful we are going to start to see that decline … There is some…
LONDON (AP) — Britain’s departure from the European Union has brought higher costs, more red tape and border delays for businesses, and not yet delivered promised benefits, a public spending watchdog said Wednesday. A day after Prime Minister Boris Johnson appointed a “Brexit opportunities” minister, Parliament’s Public Accounts Committee said that the “only detectable impact”…
LONDON (Reuters) – Amazon’s food retail business in Britain faces increased regulation after the competition watchdog said rules setting out how grocers should treat their suppliers will now apply to the U.S. giant. The Competition and Markets Authority (CMA) said on Wednesday that due to Amazon’s increasing activity in the UK grocery sector it must…
By Aditi Shah NEW DELHI (Reuters) – Global automaker Toyota Motor and fast food chain Domino’s Pizza are among half a dozen companies that have apologised to India for social media posts from their Pakistani partners expressing support for disputed Kashmir, as more companies got caught up in the diplomatic fracas. The apology comes after…
DETROIT (AP) — Tesla is recalling nearly 27,000 vehicles in the U.S. because the cabin heating systems may not defrost the windshield quickly enough, cutting visibility and increasing the risk of a crash. The latest in a series of recent recalls covers certain 2021 and 2022 Models 3, S, and X, and some 2020 through…
COVID-19 vaccines and the return of customers to stores helped push CVS Health well past fourth-quarter earnings expectations. But the pandemic’s unpredictability is making the drugstore chain and pharmacy benefit manager cautious. It did not raise a 2022 forecast it laid out in December, and its shares slid on Wednesday. Vaccines that boosted fourth quarter…
By Rowena Edwards LONDON (Reuters) -Oil prices were stable around $90 a barrel on Wednesday but the prospect of increased supply from Iran and the United States kept pressure on the market. Brent crude futures edged down 36 cents, or 0.4%, to $90.42 a barrel by 1150 GMT. U.S. West Texas Intermediate crude fell 43…
(Reuters) -CVS Health Corp’s quarterly profit rose 34.2% on Wednesday, helped by Omicron-spurred demand for COVID-19 tests and vaccinations. The company administered over 8 million COVID-19 tests and more than 20 million coronavirus vaccines across the U.S. during the quarter, CVS said. Net income attributable to the company’s shareholders rose to $1.31 billion, or 98…
