CVS Health has added four new board members, including the CEO of a hedge fund that has been critical of the struggling health care giant. The company said Monday that it expanded its board to 16 members following “productive discussions” with shareholder Glenview Capital Management. The data firm FactSet says Glenview holds about a 1%…… MORE
Trump Names Brendan Carr, Senior GOP Leader at FCC, to Lead the Agency
WEST PALM BEACH, Fla. (AP) — President-elect Donald Trump has named the senior Republican on the Federal Communications Commission as the new chairman of the agency tasked with regulating broadcasting, telecommunications and broadband. Brendan Carr is a longtime member of the commission and served previously as the FCC’s general counsel. He has been unanimously confirmed…… MORE
Moody’s Has Downgraded the Economic Outlook for Dallas
(WBAP/KLIF) – Moody’s Investors Services has downgraded the economic outlook for Dallas from stable to negative after voters approved Proposition U. While the rating agency affirmed Dallas’ A-1 rating for its general obligation budget, the negative outlook could cause the city’s credit rating to go down over the next two years. A downgraded credit rating…… MORE
Property Taxes Are Going Up Nationwide
(WBAP/KLIF) – A new study finds that property taxes have gone up in nearly every major city in the country, and the Dallas/Fort Worth Metroplex is no exception. The real estate company, Redfin recently issued a new report listing the top ten median property tax rates from 2019 to today. Homeowners in Dallas are paying…… MORE
Shipping is Getting More Expensive With the USPS
(WBAP/KLIF) – The United States Postal Service is increasing their prices for shipping. A 3.2% increase for priority mail service, and a nearly 4% hike for USPS ground advantage is expected. The announcement comes after the postal service reported its financial results for the 2024 fiscal year, with net loss 9.5 billion dollars. The price…… MORE