Tag Archives: Steep

(Bloomberg) — A big week for global markets is off to a messy start as stocks plunge around the world and haven bids break out. Blame everything from China Evergrande Group’s woes and the collapse in iron-ore prices to fears over the U.S. debt ceiling. The endgame for creditors to the Chinese property giant has arrived just as traders are in a state of alert before the Federal Reserve’s meeting this week. The Stoxx Europe 600 index dropped 1.9% Monday, on track for the biggest decline in… Source link

Walmart (WMT) is launching the first-ever and only private brand analog insulin, offering a steep discount on the prescription used to control high blood sugar in millions of diabetes patients. The new brand, ReliOn NovoLog, includes analog insulin vials retailing for $72.88 and a FlexPen selling for $85.88, translating to savings of 58% and 75%, respectively, on the current cash price of branded insulin products when not using insurance. According to Walmart, that works out to be savings of… Source link

Media giant ABC (DIS) is seeking $2 million for 30-second ad spots during this year’s Oscars telecast on April 25, according to Variety. Last year, the network reportedly charged up to $2.8 million for a 30-second spot, whereas 2019’s show saw ads sell for an average $1.98 million — a decline of 5% from 2018, according to market research company Kantar Media. (Source: Kantar Media Division) The most recent estimate, although historically on par with year’s past, is still surprising… Source link

You knew something was up when CBS didn’t release its preliminary Super Bowl ratings on Monday afternoon as usual. The Super Bowl is always the most-watched television event of any year, so each year it’s a matter of whether the numbers will match the prior year … and what to say in the event they don’t. When the numbers didn’t show up, veteran media observers speculated that the league and CBS were doing all they could to spin bad news into good. As it turns out, that’s pretty… Source link