CVS Health CEO Karen Lynch has stepped down with company shares sinking 19% this year and the health care giant struggling on several fronts. Company shares tumbled again Friday after CVS Health also warned of disappointing third-quarter earnings and said investors should not rely on guidance it laid out in August. Lynch will be replaced…… MORE
Boy Scouts of America Trust to Auction Rare Art to Compensate Sexual Abuse Survivors
IRVING (WBAP/KLIF News ) – The Boy Scouts of America’s settlement trust is selling four Norman Rockwell paintings as part of a collection at Heritage Auctions in Dallas next month as part of the effort to compensate more than 64,000 sex abuse survivors. Each painting is valued at more than $100,000. The Irving-based organization filed…… MORE
Israel Says It Has Killed Hamas Leader Yahya Sinwar in Gaza
JERUSALEM (AP) — The Israeli military says it has killed Hamas’ top leader, Yahya Sinwar, during a battle in Gaza. Troops appeared to have run across him in a battle on Wednesday, only to discover afterwards that a body in the rubble was the man Israel has hunted for more than a year. Authorities conducted…… MORE
Attorney General Ken Paxton is Suing a Doctor for Allegedly Providing Gender Transition Treatments to Minors in Dallas
(WBAP/KLIF) – DALLAS, TX – Dr. May Lau is a professor in the pediatrics department at UT Southwestern Medical Center specializing in adolescent sexual and reproductive health. Paxton’s lawsuit claims that Dr. Lau provided hormone replacement therapy to 21 minors, and used false diagnoses and billing codes in order to hide illegal prescriptions. Last year,…… MORE
More Than 5,000 Globe Life Insurance Customers May Have Had Their Personal Information Compromised
(WBAP/KLIF) – In a filing with the Securities and Exchange Commission, Globe Life Insurance stated that someone hacked into their system, and is now seeking money in exchange for not releasing their customers personal information. The hacker is threatening to release social security numbers, addresses, an even health data from thousands of customers. The McKinney…… MORE
After a Last-Minute Appeal, the Texas Supreme Court Stopped the Execution of the Man in the Shaken Baby Case
(WBAP/KLIF) – HUNTSVILLE, TX – The Texas Supreme Court has stopped the execution of Robert Roberson who would have become the first person in the U-S put to death for a murder conviction tied to a diagnosis of shaken baby syndrome. Roberson was convicted of killing his 2-year-old daughter in 2002. On Thursday night, his…… MORE
Average Rate on a 30-year Mortgage in the US Rises to the Highest Level in 8 Weeks
The average rate on a 30-year mortgage in the U.S. moved higher for the third week in a row and reached the highest level since late August. The rate rose to 6.44% from 6.32% last week, mortgage buyer Freddie Mac said Thursday. A year ago, the rate averaged 7.63%. Mortgage rates are influenced by several…… MORE
US Shoppers Spent More at Retailers Last Month in Latest Sign Consumers Are Driving Growth
WASHINGTON (AP) — Americans stepped up their purchases at retailers last month as low unemployment, steady pay gains and rising stock and home values helped sustain their willingness to spend despite higher prices. Retail sales rose 0.4% from August to September, up from 0.1% the previous month and the third straight increase. Online retailers, restaurants,…… MORE
Big Tech’s Energy Needs Mean Nuclear Power is Getting a Fresh Look From Electricity Providers
NEW YORK (AP) — Nuclear power is garnering renewed attention amid growing demand for power and cleaner energy. The power source has seen a resurgence as nations focus on reducing emissions in an effort to combat climate change. At the same time, the technology sector’s energy needs are growing in the form of data centers…… MORE
Netflix’s Subscriber Growth is Slowing, but Its Profit and Stock Price Are Still Surging
Netflix says its subscriber growth slowed dramatically during the summer, a sign that the huge gains from the video-streaming service’s crackdown on freeloading viewers is tapering off. The 5.1 million subscribers that Netflix added during the July-September period represented a 42% decline from the total gained during the same time last year. Even so, the…… MORE
There is no custom code to display.
