Walgreens' stock turns sharply lower after dividend halved to bolster cash flow 
 

Walgreens Boots Alliance's stock rallied Thursday, after the drugstore chain and healthcare services company beat fiscal first-quarter earnings expectations, and nearly halved its dividend to bolster its cash position.

 
Rocket Cos. Hires Former Airbnb CMO Jonathan Mildenhall as Its CMO 
 

The marketing veteran will be responsible for creating a more unified voice for the company's businesses.

 
Octopus Energy Has Texas-Size Ambitions 
 

Britain's biggest electricity retailer is using AI in its Uber-like approach to overcome the intermittence of wind and solar power.

 
Peloton Partners with TikTok for Workout Content Hub 
 

Peloton Interactive has entered an exclusive partnership with TikTok to create a workout content hub on the popular short-form video platform.

 
France's Carrefour Halts PepsiCo Product Sales Over Price Hikes 
 

The French supermarket owner stopped selling Pepsi-Cola, Doritos and 7Up, among other products, due to what it called unacceptable price increases.

 
You Can Now Get Weight-Loss Drugs Right From Eli Lilly 
 

The pharmaceutical company, maker of anti-obesity medicine Zepbound, has started a new online service for getting prescriptions and deliveries.

 
Conagra's stock drops as Q2 revenue and 2024 outlook fall short of analyst estimate 
 

Food giant cites "challenging" economy despite lower inflation impact.

 
Energy Company APA to Buy Callon Petroleum in $4.5 Billion Deal 
 

Energy company APA has agreed to buy smaller peer Callon Petroleum in a stock-swap deal valued at about $4.5 billion, including assumed debt.

 
Google Is Finally Killing Cookies. Advertisers Still Aren't Ready. 
 

The search giant plans to remove a technology seen as critical to the digital-ad industry.

 
Women's Sports Drive Value of NCAA's New ESPN Deal 
 

The eight-year broadcast-rights contract for 40 sports' championships is worth $115 million a year, triple the value of the previous deal.

(END) Dow Jones Newswires

January 04, 2024 13:00 ET (18:00 GMT)