Tag:

Healthcare

CVS To Lay Off Nearly 3K Workers CVS To Lay Off Nearly 3K Workers
CVS To Lay Off Nearly 3K Workers CVS announced it will lay off nearly 3,000 workers as part of a cost-cutting move aimed at saving $2 billion. These approximately 2,900 layoffs, primarily in corporate roles in the company's CVS Health division, represent less than 1 percent of the company's workforce, CVS said.  "The reductions will not impact front-line jobs in our stores, pharmacies and distribution centers,” a CVS spokesperson told CNN. The move comes a day after CVS management met with major shareholder Glenview Capital to discuss the company’s deficits and its dipping stock price, according to CNBC. Founded in…
Biden Withdraws From 2024 Presidential Race, Endorses VP Kamala Harris To Be New Nominee Biden Withdraws From 2024 Presidential Race, Endorses VP Kamala Harris To Be New Nominee
Biden Withdraws From 2024 Presidential Race, Endorses VP Kamala Harris To Be New Nominee President Joe Biden has just announced he is pulling out of the 2024 race against Republican nominee Donald Trump. In a letter to "My Fellow Americans" released just before 2 p.m. Sunday, July 21, Biden said: “It has been the greatest honor of my life to serve as your president. “And while it has been my intention to seek re-election, I believe it is in the best interest of my party and the country for me to stand down and to focus solely on fulfilling my duties as president for the remainder of my term.” The news comes amid concerns over the 81-year-old Biden's health, which were loudly …
Work Begins On Affordable Apartments In Hudson Valley Work Begins On Affordable Apartments In Hudson Valley
Work Begins On Affordable Apartments In Hudson Valley Construction has begun to rehabilitate 212 affordable apartments in three cities and towns in the Hudson Valley. According to New York Gov. Kathy Hochul, all three properties are in Ulster County in the cities of Kingston and Saugerties and the town of Ulster. The properties will undergo extensive capital improvements, including sustainability upgrades and the introduction of new energy-efficiency measures. “To make housing more accessible and affordable, we need to increase supply and preserve the homes we already have,” Hochul said. “This project in the Hudson Valley provides over 200 ho…