• Walgreens closing five stores in San Francisco

    Walgreens closing five stores in San Francisco

    The crime problem in San Francisco and California as a whole continues to cause retailers problems. Walgreens Boots Alliance Inc. has announced that it will close five Walgreens stores in San Francisco in response to the rise in organized retail crime. Walgreens says it will move prescriptions and workers from the shuttered stores to nearby […]

  • Natural gas shortages force shift to oil

    Natural gas shortages force shift to oil

    Soaring natural-gas and coal prices are pressuring power-generation companies and manufacturers to switch to using oil, a trend that could add half a million barrels a day to global demand, the International Energy Agency said Thursday. In its monthly market report, the IEA increased its global oil-demand forecasts for this year and the next by […]

  • FDA says Johnson & Johnson ($JNJ) COVID-19 booster bolsters immune system

    FDA says Johnson & Johnson ($JNJ) COVID-19 booster bolsters immune system

    A booster of Johnson & Johnson’s Covid-19 vaccine showed signs of significantly bolstering the immune defenses of study subjects, federal health regulators said Wednesday. The regulators cautioned, however, that data was limited and they had to rely on J&J’s own analysis for some of the study findings, rather than conducting their own. The Food and Drug […]

  • CIBC announces $450 Million fund focused on Venture Capital and Growth Equity funds

    CIBC announces $450 Million fund focused on Venture Capital and Growth Equity funds

    Over the past three years, CIBC has made financial commitments as a Limited Partner to 12 Canadian-based venture capital and growth equity funds, covering every stage of the entrepreneurial lifecycle. The underlying fund strategies have included woman-led startups, Fintechs, disruptive tech and early stage software companies. These financial commitments are above and beyond CIBC’s previously-announced […]

  • Proctor & Gamble pressured to report on its efforts to address deforestation

    Proctor & Gamble pressured to report on its efforts to address deforestation

    Environmentalists scored a win against a corporate giant last year when Procter & Gamble Co. shareholders backed a proposal asking the maker of Charmin toilet paper and Bounty paper towel to report on its efforts to address deforestation. This year, the Natural Resources Defense Council, Sierra Club and several dozen descendants of P&G’s founding families are lobbying […]

  • Under Construction

    Under Construction

    This is a micro episode. I could not record long because it’s too hard to concentrate with all the pounding going on outside my office window.