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Month: July 2022

Here come the discounts at Walmart, Best Buy and Gap

CNN By Nathaniel Meyersohn, CNN Business A glimmer of relief is emerging at the checkout aisle: the return of discounts. Walmart, Best Buy, Gap, Target, Bath & Body Works and others are increasing promotions and lowering prices on merchandise to entice inflation-weary shoppers to buy extra goods sitting on their shelves. Months ago these chains

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Germany takes control of Russian-owned oil refineries

CNN By Nadine Schmidt and Anna Cooban, CNN Business The German government has seized control of three Russian-owned oil refineries to secure supplies of gasoline, diesel and aviation fuel. Germany’s economy ministry announced on Friday that it had temporarily taken over Russian oil giant Rosneft’s subsidiaries in the country. Rosneft Deutschland and RN Refining &

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State issues cease, desist order against company accused of insurance fraud

By Katrenia Busch Click here for updates on this story     LANSING, Michigan (WNEM) — The Michigan Department of Insurance and Financial Services (DIFS) has issued a cease-and-desist order against Salvasen Health for allegedly violating Michigan insurance code by selling unlicensed health insurance plans and failing to pay claims, according to the state of Michigan. “DIFS’

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