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UPS partners with CVS to develop drone delivery service for prescription drugs

UPS Flight Forward and its partner Matternet this month became the first drone delivery service to receive full certification from the FAA to operate a drone airline.

‘Wall Street got had’ — Cramer regrets believing Boeing after 737 Max test pilot messages leaked

“The idea was once Boeing was free to tell its story it was a good one,” says CNBC’s Jim Cramer. “That, I think, is no longer true.”

Larry Summers says the Democrats’ wealth tax has ‘little chance’

Former Treasury Secretary Summers took special aim at the two economists – Emmanuel Saez and Gabriel Zucman – who have been advising the two senators on their wealth taxes.

Fisher Investments losses hit $1.8 billion as Fidelity ends $500 million relationship

Fisher Investments continues to rack up losses as its institutional clients head out the door. Fidelity announced it would terminate a $500 million relationship with the firm. Four government pension plans have left, taking $1.3 billion.

Nordstrom wants its new Manhattan store to be a place where women can discover new brands

Nordstrom hopes featuring up-and-coming brands at its new women’s store in New York will give it a leg-up on the competition, at a time when department stores are struggling.

Four drug companies reach a last-minute $260 million opioid settlement with two Ohio counties

Four drug companies reached a last-minute legal settlement over their role in the opioid addiction epidemic, just as a nine-week trial was scheduled to start in Cleveland.

Democrats’ wealth tax plans should give Wall Street ‘lots to worry about,’ economist says

Between Sanders’ “tax and destroy” plan and Warren’s rosy revenue estimates, there’s much to worry about, Bernstein’s economist writes.

Millionaires now hold nearly half of the world’s wealth

The number of millionaires in the world grew to nearly 47 million over the past year, and they now own close to half of the world’s wealth, according to a new study.