CVS Health to pay $8B for Signify home care push
CVS Health to buy Signify Health for about 8 billion as a step to expand home based care. Signify sends clinicians to patients homes to assess health, safety and affordability and to arrange needed follow up care.
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Stocks dip as markets extend losses into fourth week
U S stocks slide with the S P 500 down 0 4 percent to 3 908 19 the Dow off 0 6 percent and the Nasdaq lower by 0 7 percent as investors weigh ongoing Fed rate hikes against energy risks Europe and a cooling inflation backdrop. Analysts warn continued rate hikes could slow the economy and spark a recession while fears grow over Europe energy costs and global profits.
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