Hemnet CEO Jonas Gustafsson to step down effective Thursday

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• CVS Health plans to split in two. Here’s what is driving the massive healthcare breakup.

  The healthcare giant's strategic choice to divide its business marks a massive structural transformation for the organization. This separation into distinct entities arrived unexpectedly within the market. Industry analysts expressed surprise at the abrupt shift in the company's long-term operational structure.

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• BMW warns on profits as it counts cost of plan for 8,000 job cuts

  Sweeping restructuring expenses, including redundancy payouts and write-offs of older vehicle generations, are threatening to push the German automaker into the red this year. The costly pivot comes as Western manufacturers face fierce competition from lower-cost Chinese rivals and sluggish global demand. To defend its market share, leadership is accelerating structural measures while preparing to launch its next-generation electric vehicles.

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• CVS Health to split in two, separating pharmacy business from insurance

  Leadership plans to fundamentally reshape the healthcare giant by dividing its core operations into standalone entities. The strategic move will establish independent corporate structures for the retail pharmacy division and the enterprise insurance arm. This formal separation aims to untangle two massive commercial components that currently operate under a single corporate umbrella.

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