The company’s Medicare business, hit by higher medical costs, pushed down CVS’s first-quarter earnings.

Speeding up service and introducing new beverages are part of efforts to win back customers, executives say.

The company reported record first-quarter sales as the AI boom powered growth in its cloud-computing unit, helping Amazon continue to shake off last year’s postpandemic slump. 

The California utility is seeking regulatory approval to sell KKR part of a new company that would house most of its power generation business.

Lufthansa said it expects an improvement in its second-half operating result, with capacity seen at more than 95% of prepandemic levels in the third quarter, but cautioned that unit revenue will fall in the next three months.

Stellantis backed its full-year guidance despite revenue falling in the first quarter on lower sales volumes and as it prepared to launch new models.