Author: Editor

A key House committee advanced President Donald Trump’s giant tax and spending package after Republican hardliners won agreement from party leaders to speed up cuts to Medicaid health coverage.The vote in the House Budget Committee paves the way for passage of the legislation as soon as Thursday, House Republican leadership aides said Monday. The late Sunday night committee vote followed a weekend of negotiations with four ultraconservatives on the panel who on Friday joined with Democrats to reject the legislation. Those hardliners instead abstained on Sunday and voted present, allowing the bill to advance.Representative Chip Roy of Texas, one of the…

Customers shop at a Bath & Body Works store in Hayward, California, on June 12, 2024.Justin Sullivan | Getty ImagesBath & Body Works has a new chief executive officer, its second in less than 3 years.The personal care, home and beauty retailer has named Daniel Heaf as its new CEO, effectively immediately, replacing Gina Boswell. Heaf was most recently Nike’s chief strategy and transformation officer until his role was eliminated by the sneaker giant’s new CEO Elliott Hill.Boswell joined Bath & Body Works as CEO in December 2022 from consumer products giant Unilever. In March, Bath & Body Works disclosed Boswell…