CVS Warns of Lower Profit and Prescription Losses
CVS Health cut its full year profit forecast and warned of tens of millions in prescription losses for 2017. The retailer posted higher quarterly profit and revenue versus last year, but shares fell about 12 percent to close at 73.53. Toblerone trims weight in the UK, citing higher ingredient costs, shrinking triangles in two sizes. Amazon may add cleaning technician and home assistant roles to support Prime members with home tidy tasks, laundry, and grocery aid.
MENTIONED IN THIS ARTICLE
CVS
CVS Health
Toblerone
United Kingdom
U.K
Amazon
Amazon Prime
Republicans Favor Pickups Democrats Embrace SUVs in Vehicle Poll
Strategic Vision surveyed over 170000 buyers with political affiliations. Democrats favor Subaru Outback Honda CR-V Honda Civic Toyota RAV4 and Subaru Crosstrek with Civic as the sole compact. Republicans prefer pickups led by Ford F-150 Chevrolet Silverado Ram 1500 and heavy Ram models.
Labor market tightens as quits hit high for year
U S job market shows workers gaining leverage as September quits reach 3.07 million the highest since December. Openings rose to 5.5 million while hires fell to 5.1 million signaling cautious employers ahead of elections and possible faster wage growth.
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Labor Department
Barclays
Michael Gapen
Federal Reserve
Lion
United Kingdom
Gapen
Facebook to bring ads to Messenger through chatbots and sponsored messages
Facebook plans ads in Messenger via News Feed links driving users to chats with automated chatbots. Marketers can engage with users who have started conversations, while users can block unwanted messages. Executives say this expands revenue potential for Messenger and WhatsApp, both boasting over a billion users.
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San Francisco
Facebook Messenger
Facebook
David Marcus
Messenger
WhatsApp
Asia
Mark Zuckerberg
Tesla expands automation push with Grohmann Engineering buy
Tesla to acquire Grohmann Engineering of Germany, renaming the unit Tesla Grohmann Automation. About 700 Grohmann workers will join, with Prism, Germany housing the new Tesla Advanced Automation Germany HQ. Tesla aims to raise output toward 500,000 cars yearly by 2018 and add over 1000 advanced engineering jobs in Germany over two years.
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Tesla
Grohmann Engineering
Grohmann
Tesla Grohmann Automation
Prism
Germany
Tesla Advanced Automation Germany
Fremont
Calif
Reno
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