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Rite Aid Corp

Why pharmacy chains like Walgreens and CVS are shuttering locations

by Adrian Jhonsan
Why pharmacy chains like Walgreens and CVS are shuttering locations

In its fiscal third-quarter earnings report to investors in late June, pharmacy chain Walgreens announced plans to close a “significant” number of its 8,600 U.S. stores. CEO Tim Wentworth said …

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Categories World

Organized theft ring that targeted Macy’s charged in NYC

by Adrian Jhonsan
Organized theft ring that targeted Macy’s charged in NYC

The Macy’s logo is seen at its store in Herald Square in New York City on Jan. 19, 2024. Michael M. Santiago | Getty Images A New York beauty store …

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Categories World

The Fed’s rate hikes did little to slow our robust economy

by Adrian Jhonsan
The Fed’s rate hikes did little to slow our robust economy

Can’t stop won’t stop? OK, you will never confuse me for a rapper, but those are the four words that describe this economy right now. And as we walk into …

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Categories World

FTC bars Rite Aid from using facial recognition under settlement

by Ev Richard
FTC bars Rite Aid from using facial recognition under settlement

A Rite Aid store stands in Brooklyn on August 28, 2023 in New York City. Spencer Platt | Getty Images The Federal Trade Commission proposed to bar Rite Aid from …

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Categories Technology

Jim Cramer explains how FTC chair Lina Khan is hurting investor portfolios

by Adrian Jhonsan
Jim Cramer explains how FTC chair Lina Khan is hurting investor portfolios

CNBC’s Jim Cramer outlined the ways that Federal Trade Commission chair Lina Khan has attempted to stop mergers and acquisitions from going through, hurting stock portfolios in the process. “Khan’s …

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Categories World

5 things to know before the stock market opens Monday

by James Odonell
5 things to know before the stock market opens Monday

Here are the most important news items that investors need to start their trading day: 1. Markets look for footing U.S. stock futures ticked higher Monday morning, as markets come …

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Categories Politics

Rite Aid files for bankruptcy amid slowing sales, opioid litigation

by Shawn Butlere
Rite Aid files for bankruptcy amid slowing sales, opioid litigation

A Rite Aid store stands in Brooklyn on August 28, 2023 in New York City. Spencer Platt | Getty Images Rite Aid filed for Chapter 11 bankruptcy protection in New …

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Categories Health

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