Business

After earnings fell by $300 million, Cardinal Health’s CEO went ‘ruthless’ to turn it around—and he says workers backed him because ‘people want to win’

After earnings fell by 0 million, Cardinal Health’s CEO went ‘ruthless’ to turn it around—and he says workers backed him because ‘people want to win’

Cardinal Health is one of the largest healthcare giants in America, supplying medical products and data solutions for over 90% of U.S. hospitals. But just a few years ago, its operating earnings plummeted $300 million as some segments struggled. When Jason Hollar took over as CEO of the Fortune 500 company in late 2022, the business turnaround required some serious …

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Federal Reserve official gives green light to July rate cut – TheStreet

Federal Reserve official gives green light to July rate cut  TheStreet Top Fed Official Backs July Rate Cut as Trump Ramps Up Pressure  The New York Times Treasury Yields Slide After Waller’s July Cut Call: Markets Wrap  Bloomberg.com Fed Gov. Waller Makes the Case for Cutting Interest Rates in 2 Weeks  Barron’s Dollar drops but maintains modest weekly gains  Reuters Source link

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‘Priced for Perfection’: Tariffs Loom Over Richly Valued Stocks – Bloomberg.com

‘Priced for Perfection’: Tariffs Loom Over Richly Valued Stocks  Bloomberg.com Investors Are Ignoring This ‘Boiling-the-Frog’ Risk. What to Know.  Barron’s How Much More “ TACO ” Madness Can the U.S. Economy Take?  The New Yorker Trump’s dueling economic realities will inevitably collide  Axios Beware the ‘dangerous disconnect’ between Trump and the markets on tariffs  Atlantic Council Source link

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Oops: Hawaiian Airlines Boeing 787 Diverts To LAX Twice In A Row

Oops: Hawaiian Airlines Boeing 787 Diverts To LAX Twice In A Row

While diversions due to mechanical issues aren’t that rare, two back-to-back diversions of the same flight isn’t something you see every day. Hawaiian Dreamliner has unlucky flight departing LAX On Saturday, July 19, 2025, Hawaiian Airlines flight HA1 was scheduled to operate from Los Angeles (LAX) to Honolulu (HNL). The routine 2,556-mile flight ordinarily departs at 8:30AM and arrives at …

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Netflix Is Running Out of Worlds to Conquer – The Wall Street Journal

Netflix Is Running Out of Worlds to Conquer  The Wall Street Journal Why Netflix’s beat-and-raise quarter is welcome news for Disney investors  CNBC Netflix earnings top estimates but stock slips on ‘elevated expectations’  Yahoo Finance Netflix shares fall as weak dollar-driven forecast fails to impress  Reuters Netflix Results Draw Share Price Target Hikes, Muted Stock Reaction as Focus Turns to Second Half of Year  The …

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U.S. citizen who works for Commerce Dept. ensnared in Chinese exit ban – The Washington Post

U.S. citizen who works for Commerce Dept. ensnared in Chinese exit ban  The Washington Post China Exit Ban on Wells Fargo Executive Stokes Foreign Business Anxiety  The New York Times Exclusive | U.S.-Based Wells Fargo Banker Blocked From Leaving China  The Wall Street Journal Wells Fargo suspends China travel after employee exit ban, source says  Reuters China imposes “exit ban” on Wells Fargo executive, …

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Breakingviews – Railway mega-deal would require heavy engineering – Reuters

Breakingviews – Railway mega-deal would require heavy engineering  Reuters Union Pacific, Norfolk Southern discuss merger to create transcontinental railroad, AP source says  AP News Exclusive | Railroad Operator Union Pacific Exploring Deal for Norfolk Southern – WSJ  The Wall Street Journal Potential Rail Merger Could Prompt Berkshire Hathaway to Bid for CSX  Barron’s Potential UP-NS tie-up would cause major shift in US intermodal market  Journal …

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Top gainers and losers in tech sector this week: First Solar gains while Micron lags – Seeking Alpha

Top gainers and losers in tech sector this week: First Solar gains while Micron lags – Seeking Alpha

Top gainers and losers in tech sector this week: First Solar gains while Micron lags  Seeking Alpha Trading Day: Tariff cloud reappears over sunny Wall Street  Reuters Markets are shrugging off Trump’s tariffs. Experts explain why.  ABC News Stock Markets Aren’t Testing Trump on Tariffs. They Probably Should.  Barron’s Stocks Shrug Off Trump’s Latest Tariff Threats  The New York Times Source link

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