Luke Vargas
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In other market news today, a key gauge of China's sprawling manufacturing sector has returned to growth this month, fueled by a rebound in business activity following an extended Lunar New Year holiday, which landed in February this year.
China's latest PMI data also showed a bounce back for both service and construction activity.
While rising commodity prices and global freight costs because of the Iran war could risk a supply shock, economists suggest that should demand hold,
China could once again expand its global market share, mirroring the manufacturing dominance that it saw in 2020.
CVS is planning to open 60 new locations this year, including traditional storefronts, pharmacy-only sites, and outposts inside Target.
The expansion follows years of downsizing, with the closure of more than 1,000 stores since the company announced plans to cut its retail footprint in 2021.
The smaller pharmacy-only storefront is one way that CVS says it can address a rise in theft and competition from discount retailers that have hurt national drugstore chains in recent years.
And finally, Netflix already airs NFL games on Christmas.
But we are exclusively reporting that the streamer is now eyeing a four-game NFL package, including a Thanksgiving Eve and international game, as it looks to attract subscribers and grow its advertising business.
That comes as the league takes a flexible approach to selling the games, with Amazon, Google's YouTube, and other broadcast partners also expressing interest.
Netflix is currently in the final year of a three-year Christmas Day game package, where it paid roughly $75 million per game.
And that's it for What's News for this Tuesday morning.
Today's show was produced by Hattie Moyer.
Our supervising producer was Daniel Bach.
And I'm Luke Vargas for The Wall Street Journal.
We will be back tonight with a new show.
And until then, thanks for listening.
troops arrive in the Middle East, we'll look at how the Iran war escalated over the weekend and check in on Pakistan's bid to negotiate an end to fighting.