Author: iannouncethis.com

Walgreens Boots Alliance has sold shares of drug distributor Cencora, formerly AmerisourceBergen, … [+] for proceeds of $674 million, which will be used “debt paydown and general corporate purposes,” the company announced November 10, 2023. Walgreens and Walgreen Co. signage is shown outside their corporate offices in Deerfield, Illinois. (Photo by Tim Boyle/Getty Images)Getty Images Walgreens Boots Alliance has sold more shares of drug distributor Cencora, formerly AmerisourceBergen, for proceeds of $674 million, which will be used for “debt paydown and general corporate purposes.” The stock sale, which comes less than a month after former Express Scripts top executive Tim…

In the evolving cryptocurrency market, XRP, currently ranked as the fifth largest digital asset, has recently exhibited a modest price increase compared to its major counterparts.  However, when examining XRP’s performance across various time frames, the token has reported significant gains. Nonetheless, it is worth noting that XRP is currently trading well below its yearly high, in contrast to its peers who have achieved and surpassed new highs in 2023 during the recent bullish surge. Impending XRP Price Breakout? Prominent industry expert using the pseudonym “Crypto Insight” on the X platform (formerly known as Twitter) shared an intriguing update with…

Chris Gaunt, senior associate in Rosling King’s Real Estate Group, examines the implications for freeholders and leaseholders There’s been a worryingly sharp rise in the number of public buildings identified with Reinforced Autoclaved Aerated Concrete (or RAAC). Reinforced Autoclaved Aerated Concrete (RAAC) is a lightweight building material widely used between 1950s and 1990s as an alternative to traditional concrete. Due to its method of construction, it is much less durable than traditional concrete. However, given its lower cost, it was widely used in public sector buildings, including schools and hospitals, but given the tens of thousands of panels that were…

By Joshua Kirby The U.K. economy stagnated in the third quarter for the first time this year, after slight growth in September offset a decline at the start of the quarter. Gross domestic product was flat between July and September compared with the previous three-month period, when the economy grew slightly, as it had in the first quarter, figures from the Office for National Statistics showed Friday. Economists had expected GDP to decline slightly, according to a poll carried out by The Wall Street Journal, though the flat growth was against an August figure that was revised down slightly to…

Tax havens are places with special tax rules that make them attractive to individuals and companies. They are important because they allow people to pay less in taxes, protect their money, and bring in investments from around the world. However, they have caused problems like illegal tax avoidance or money laundering, Here’s what you need to know about tax havens. Key Takeaways Tax havens are countries where there are no or only nominal taxes, allowing non-residents to effectively escape high taxes.Tax havens can offer rebates for taxes or tax incentives for attracting outside investment.The other attributes for tax havens include…

As pressure builds for Binance and Coinbase following historic SEC lawsuits, CNBC’s MacKenzie Sigalos is live in Prague where two major industry conferences are underway For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/2NGeIvi  » Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision » Subscribe to CNBC: https://cnb.cx/SubscribeCNBC Turn to CNBC TV for the latest stock market news and analysis. From market futures to live price updates CNBC is the leader in business news worldwide. Connect with CNBC News Online Get the latest news: http://www.cnbc.com/ Follow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBC Follow CNBC News on Facebook: https://cnb.cx/LikeCNBC Follow CNBC…

Listen to this story. Enjoy more audio and podcasts on iOS or Android.Your browser does not support the <audio> element.“I’m an entrepreneur. I’m a founder. That’s the way my mind and brain works,” mused Whitney Wolfe Herd in an interview with Fortune magazine on November 6th, the day she announced she would be stepping down as chief executive of Bumble, a dating app she founded in 2014. Ms Wolfe Herd, who had previously co-founded Tinder, a rival app, confessed to her lack of enthusiasm for the drudgery of running a public company. She will move to the role of executive…

The SEC doesn’t clearly state which crypto assets are not securities – there is no such thing as a SEC approved crypto list. However, various SEC officials have made statements over the years about cryptocurrencies they don’t consider to be securities. Before we show you the list of cryptocurrencies that are unlikely to be considered as securities by the SEC, let’s first make sure that we understand what a security is and why a cryptocurrency being labeled a security is usually perceived poorly in the crypto community. Why is it such a big deal if a cryptocurrency is considered to…

People are buying second homes in the North East and North West at an increased rate compared to the rest of England – signalling that buy-to-let landlords are targeting those regions in search of better yields, research from London lettings and estate agent, Benham and Reeves, has revealed. Across the country 19.5% more second homes were bought, with transactions rising from 230,900 between April 2020 and April 2021 to 275,900 between April 2021 and April 2022 – as the country recovered from the pandemic. Pushing North in search of yields Between the two financial years purchases of additional dwellings soared…

Lucid Group Inc. LCID, -8.14% shares dropped more than 8% on Wednesday to end at an all-time low, still feeling the pinch of the EV maker’s worse-than-expected quarterly results late Tuesday. The decline was also the stock’s largest one-day percentage drop Oct. 18, when it fell 9.4%. Lucid reported mixed third-quarter results and lowered its production outlook for the year on Tuesday, saying it was aligning it with deliveries. The stock is down 93% from an all-time closing high of $58.05 on Feb. 18, 2021. So far this year, it is down 42.17%, which contrasts with an advance of around…