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Wall Street Journal US BusinessMar 02, 2021
CVS, Walgreens Look for Big Data Reward From Covid-19 Vaccines
Chains are collecting data from millions of customers as they sign up for shots, enrolling them in patient systems and having recipients register customer profiles.

MarketWatch MarketPulseMar 02, 2021
Macy's to issue $500 million of 8-year bonds
Macy's Inc. said Tuesday it is planning to issue $500 million of 8-year bonds, joining the many companies raising capital during the pandemic. The proceeds will be used together with cash on hand to fund a tender offer and for general corporate purposes, which may include repaying debt. Companies have been raising capital at record levels in recent months. On Monday, roughly a dozen companies, including beauty and fragrance giant Estée Lauder Cos. and Keurig Dr Pepper Inc. , announced bond deals, as Treasury yields took a breather from their recent sharp rise. Macy's shares were up 0.7% premarket and have gained 18% in the last 12 months, while the S&P 500 has gained 26%.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

MarketWatch MarketPulseMar 02, 2021
Oscar Health IPO's expected pricing increased, lifting what company is raising to up to $1.2 billion
Oscar Health Inc. disclosed Tuesday that the expected pricing of its initial public offering has increased, to boost what the digital health-insurance company was expected to raise by up to $124 million. The company is still offering 31.0 million shares in the IPO, but the IPO is now expected to price between $36 and $38 a share to raise $1.18 billion, up from previous expectations of between $32 and $34 a share to raise $1.05 billion. The number of shares outstanding expected after the IPO also increased, to 197.08 million from 197.04 million, which increases the expected market value of the company to $7.49 billion from $6.70 billion. The company is looking to go public at a time that the Renaissance IPO ETF has rallied 11.2% over the past three months while the S&P 500 has gained 6.4%.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

CNBC BusinessMar 01, 2021
Elizabeth Warren, Bernie Sanders propose 3% wealth tax on billionaires
Sen. Elizabeth Warren, Sen. Bernie Sanders and a slew of other Democrats proposed a 2% tax on wealth above $50 million and a 3% tax on wealth over $1 billion.

Warren and other progressives propose ‘ultra-millionaire' tax (Accounting Today)
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