CVS Health to roll out nationwide telemedicine app visit
CVS Health plans a nationwide telemedicine service via its CVS Pharmacy app. Consumers can pay 59 dollars for video visits with board certified providers after a questionnaire, with state licensed clinicians reviewing medical history. Initial rollout covers nine states and Washington DC, with expansion expected by year end.
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Prime Now curbside pickup launches at Whole Foods
Amazon adds curbside grocery pickup for Prime members via the Prime Now app at Whole Foods. Customers in Virginia Beach and Sacramento can order from 8 am to 10 pm, park in pickup spots, and have a shopper bring items to their car. Free on $35+ orders, $1.99 under that, with a $4.99 30 minute rush option.
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Banks lift earnings with tax reform driven gains
America markets note surging earnings partly due to tax reform lowering corporate rate from 35 to 21 percent. Bank of America reported 43 percent quarterly growth, largely from a fall in effective tax rate rather than revenue or expense cuts. Investors should assess revenue and non tax expenses to gauge true growth.
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