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United Airlines Scaling Back Flights at Newark Airport
Business

United Airlines Scaling Back Flights at Newark Airport

The carrier is reassessing Newark, N.J., operations after June flight cancellations, while United and American boosted their profit forecasts as summer travel booms. Source link

AMC Drops Plan to Charge More for Better Seats
Business

AMC Drops Plan to Charge More for Better Seats

AMC Entertainment is ending a plan that adjusted ticket prices based on where viewers sat after a lackluster response from moviegoers. Source link

J&J Revenue Up on Surge in Heart Procedures
Business

J&J Revenue Up on Surge in Heart Procedures

Net earnings at the pharmaceutical company rose 6.9% to $5.14 billion, or $1.96 a share. Source link

Insurers Aim to Boost Rates
Business

Facing Big Storm Losses, Insurers Aim to Boost Rates

Severe storms that brought hail and high winds to places such as Texas and states in the central U.S. are wreaking havoc on insurers’ profits.

Tornado Damages Key Pfizer Drugmaking Plant
Business

Tornado Damages Key Pfizer Drugmaking Plant

The plant in Rocky Mount, N.C., produces a quarter of the sterile injectable medicines used by U.S. hospitals. Source link

Investor Group Nears $125 Million Deal for CoinDesk
Business

Investor Group Nears $125 Million Deal for CoinDesk

The syndicate is led by Matthew Roszak of Tally Capital and Peter Vessenes of Capital6. Source link

Walmart Cuts Walmart+ Subscription Price for SNAP, Social Security Recipients
Business

Walmart Cuts Walmart+ Subscription Price for SNAP, Social Security Recipients

The retailer will offer the subscription at half-price to people receiving food stamps or other types of government assistance in a bid to boost participation. 

Johnson & Johnson Rips Off the Kenvue Band-Aid
Finances

Johnson & Johnson Rips Off the Kenvue Band-Aid

A surprisingly early distribution and a stretched valuation hit J&J’s consumer health arm hard. Source link

KKR Nears Deal for Specialty-Chemicals Maker Chase
Finances

KKR Nears Deal for Specialty-Chemicals Maker Chase

The private-equity firm would pay roughly $1.3 billion in deal that could be reached Friday. Source link