Grocery store operator The Kroger Company plans to sell its specialty pharmacy business to CarelonRx, a subsidiary of Elevance Health. Kroger has entered into a definitive agreement for the sale, the company said in a Monday (March 18) press release. Subject to customary closing conditions and regulatory approvals, the sale is expected to close in the second half. “As part […]
A new chapter in the Sam Bankman-Fried saga: On Friday, federal prosecutors asked a New York judge to sentence the founder and former head of cryptocurrency exchange FTX to between 40 and 50 years in prison. They cited claims that Bankman-Fried participated in a “historic fraud” and cost customers and investors at least $10 billion as the rationale behind the hefty jail time. Bankman-Fried’s lawyers have argued that five or six years behind bars would be appropriate, maintaining that he’s not an...
House Republicans heard explosive testimony from President Joe Biden's family business partners in a public hearing Wednesday.
Boeing leaders leaving: Boeing announced earlier this week that its CEO, Dave Calhoun, plans to step down at the end of this year. The departure comes as the aircraft manufacturer has had multiple safety-related incidents with its planes over the past few months. Other leaders leaving their positions include both the company’s board chair and its commercial airplanes division president. This is not the first time a Boeing CEO has exited during troubled times, as Calhoun’s predecessor was fired...
Selling Sunset star Chelsea Lazkani and Jeff Lazkani’s love story began on Tinder. “We spoke about 15 times before getting together,” she told the Daily Mail in November 2022, confessing that Jess was her first date from the app after moving to Los Angeles. “I don’t want to waste my time and give my energy to somebody if I don’t think it will be worth it. I felt like I knew him before we even met and the connection was immediate.” Chelsea and Jeff exchanged vows in August 2017 in Newport...
A report by a European business group says that uncertainty and “draconian regulations” have drastically raised risks for foreign businesses in China
Doing business in China is growing tougher, more uncertain, European business group says
By ELAINE KURTENBACH and KEN MORITSUGU Associated Press BEIJING (AP) — A report by a European business group says that uncertainty and “draconian regulations” have drastically raised risks for foreign businesses in China. The report by the European Union Chamber of Commerce in China, released Wednesday, urges China’s leaders to do more to address concerns
By ELAINE KURTENBACH and KEN MORITSUGU Associated Press BEIJING (AP) — A report by a European business group says that uncertainty and “draconian regulations” have drastically raised risks for foreign businesses in China. The report by the European Union Chamber of Commerce in China, released Wednesday, urges China’s leaders to do more to address concerns
Officials with the U.S. Small Business Administration released information regarding Texas Declaration #20223 and #20224 after the Smokehouse Creek fire.
A bipartisan coalition of senators is proposing legislation that would stop the U.S. government’s leading foreign aid group from wasting hundreds of millions in taxpayer funds on costly items such as luxury hotels and airfares, the Washington Free Beacon has learned.
One organization is shining a spotlight on outstanding visionary leaders and dedicated teams. Gannon University's Small Business Development Center hosted the 2024 Small Business Awards on Wednesday. Those in the community were able to nominate owners and entrepreneurs who showcase sustainability in a unique way. Six awards were given to businesses in Erie, Warren, Crawford []