- FinanceBusiness Insider•19 hours ago
Sears is closing 20 more stores — here's the full list
(A Sears store seen in 2014 in Coral Gables, Florida.Joe Raedle/Getty Images) Sears Holdings is closing 20 more stores in the US, in addition to the 245 closings that had already been announced this year. The company announced the latest closures to
- NewsBusiness Insider•23 hours ago
John Oliver has been sued by the coal baron he tried to take down, which he predicted would happen
The coal magnate Robert Murray has filed a lawsuit against John Oliver, HBO, Time Warner, and the writers of Oliver's show over the most recent episode of "Last Week Tonight," The Daily Beast reports. In a segment on the show, Oliver took on Murray's business practices and the safety hazards of the coal industry at large. Murray — who runs Murray Energy Corporation, the largest private coal company in the country — filed the suit Wednesday.
BusinessThe Street•18 hours ago'Walmart Rx' Takes Center Stage as Walgreens Rite Aid Saga Nears Homestretch
A key issue for the Federal Trade Commission as it wraps up its investigation of Walgreens (WBA) bid for Rite Aid (RAD) is whether preferred pharmacy networks, like an exclusive arrangement Humana (HUM) has with Walmart (WMT) , are viable competitors to broad networks that include all the major pharmacy chains. Rite Aid shares fell 4.2%, or 13 cents, to $3.06 on Thursday afternoon. Humana argues that the information the FTC has requested is either irrelevant to the Rite Aid merger review or is available from the Centers for Medicare & Medicaid Services, the regulator of Medicare. "Walgreens proposed acquisition of Rite Aid could tip the balance in these reimbursement rate negotiations in its favor, allowing it to command higher reimbursement rates," the FTC said in its petition.
