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Walgreens has finally figured out a way to buy Rite Aid -- or about half of it, at least.The pharmacy giant said Tuesday that federal regulators have accepted its .4 billion deal to buy 1,932 Rite Aid stores. That will leave Rite Aid with about 2,600 stores once the deal is finished.The purchase marks the end of a two-years-long fight for Walgreens, which initially tried to buy Rite Aid outright for billion in October 2015.The merger agreement faced intense scrutiny from the start, since it would have left the United States with just two major pharmacy chains: Walgreens and CVS.The agreement was reworked several times over the past few years as Walgreens scaled back the number of stores it intended to purchase. In June, the company tried for a .2 billion deal that would have handed it 2,186 Rite Aid stores.Walgreens recently revised its deal again, said company spokesman Michael Polzin. Polzin said that the waiting period for review by the Federal Trade Commission expired last night at midnight, effectively giving Walgreens the regulatory clearance it needs to move forward.The Rite Aid pharmacies that Walgreens plans to buy will eventually be rebranded as Walgreens stores. But it won't happen all at once.Polzin said the company will begin buying Rite Aids in October, adding that it expects to finish doing so in the spring of 2018.Rite Aid stock was down nearly 7% in premarket trading Tuesday morning -- a change from Monday, when it rose as investors hoped for a better deal.Walgreens stock, meanwhile, was up 2% Tuesday before open. 1572

VISTA (CNS) - A Vista vodka distillery that shifted its operations to producing hand sanitizer during the coronavirus pandemic announced Tuesday that it will donate a portion of the proceeds to fund COVID-19 research.Misadventure & Co. said 15% of profits generated by its hand sanitizer sales will go to "scientific research institutions, including The National Institutes of Health Foundation, John Hopkins Medical Foundation and University of California San Diego Health Foundation in the name of COVID-19 research and response."In March, the company pivoted operations to manufacturing hand sanitizer after pandemic restrictions prevented patrons from visiting its distillery or tasting room."We are so thankful that we were able to pivot our business and save jobs when the coronavirus first struck. We want to give back by donating to institutions that will help find a vaccine," said co-founder Sam Chereskin."Now just like our sustainable vodka, consumers can feel good about purchasing their hand sanitizer through our website because they know they will support efforts to end this pandemic," he said. ``We call on more companies to join this movement and help donate a portion of their proceeds in a similar manner." 1239

WASHINGTON (AP) — A federal judge has ruled that former national security adviser John Bolton can move forward in publishing his tell-all book. The Trump administration had tried to block the release because of concerns that classified information could be exposed. The decision from U.S. District Judge Royce Lamberth is a victory for Bolton in a court case that involved core First Amendment and national security concerns. The ruling means a broader election-year readership and distribution for a memoir that paints an unflattering portrait of President Donald Trump's foreign policy decision-making during the turbulent year-and-a-half that Bolton spent in the White House. 686

WASHINGTON — The Supreme Court has upheld a provision of federal law that requires foreign affiliates of U.S.-based health organizations to denounce prostitution as a condition of receiving taxpayer money to fight AIDS around the world. The Supreme Court ruled 5-3 on Monday. Justice Brett Kavanaugh wrote for the court’s conservatives that “plaintiffs’ foreign affiliates are foreign organizations, and foreign organizations operating abroad possess no rights under the U. S. Constitution.” Justice Elena Kagan sat out the case, presumably because she worked on an earlier version of it when she served in the Justice Department before joining the court. 663

WASHINGTON — President Donald Trump says the Food and Drug Administration has issued an emergency use authorization for convalescent plasma to treat COVID-19 patients.WATCH PRESS CONFERENCE:Trump, announcing the decision Sunday at the White House, called convalescent plasma a “powerful therapy.” He says the FDA’s action will expand access to the treatment, which is already being used. The treatment involves transferring antibodies from recovered COVID-19 patients to patients suffering from the disease.On Sunday, Trump said the administration have provided million to fund the Mayo Clinic study that studied the efficiency in patients that have the virus."Through this study, over 100,000 Americans have already enrolled to receive this treatment, and it is proven to reduce mortality by 35%," Trump said. "It's a tremendous number. The FDA, M.I.T., Harvard, and Mount Sinai Hospital have also found convalescent plasma to be a very effective method of fighting this horrible disease. Based on the science and the data, the FDA has made the independent determination that the treatment is safe and very effective."Trump also announced the administration provided up to 0 million to the American Red Cross and America's blood centers to support the collection of up to 360,000 units of plasma.Department of Health and Human Services Secretary Alex Azar said that patients with the virus who were treated within three days of being diagnoses benefited the most from the treatment."We saw about a 35% under survival in the patients who benefited most from the treatment, who were patients under 80 and not on artificial respiration," Azar said.The announcement follows days of suggestions by White House officials of politically motivated delays by the FDA in approving a vaccine and treatments for the disease caused by the coronavirus.Trump made the announcement on the eve of the Republican National Convention that will nominate him to run against Democrat Joe Biden. 1988

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