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Coca-Cola said Friday that it would offer buyouts to 4,000 employees as part of corporate restructuring and said that layoffs could be coming in the future.According to a press release, the buyouts will be offered to employees in the U.S., Canada and Puerto Rico with a hire date "on or before" Sept. 1, 2017. The company said the "voluntary program" would reduce the number of layoffs.According to Coca-Cola's statement, the company's current operating model consists of "17 business units" that will be consolidated into "nine operating units."Following the announcement, Coca-Cola's stock price rose nearly a point in early trading, an increase of just under 2%.According to WSB-TV, Coca-Cola has more than 86,000 employees nationwide. The Associated Press reports that company revenue fell 28% in the second quarter due to the effects from the pandemic, but executives are confident in recovery. 907

CLARENCE STRAIT, Alaska -- A deer is back on dry land, thanks to the U.S. Coast Guard in Alaska.A crew was patrolling the Clarence Strait, off Alaska’s southern coast, when they spotted a deer in the water.The animal was caught in a current and struggling in the 49 degree water.The Coast Guard crew slowed their boat and got close enough the deer could swim up to them. They pulled the animal onboard and brought it back to dry land to be released. 457

Cleanup is underway in Louisiana and southeastern Texas after one of the strongest hurricanes to ever make landfall in the area caused extensive damage and flooding on Thursday.Reports Thursday indicated that Hurricane Laura killed six people, including a 14-year-old girl. Officials expect that number to rise as recovery efforts continue.Laura is continuing to bring heavy winds and rains to the south-central United States. Reports say that the system spun off tornadoes in Arkansas on Thursday night, and the storm will bring heavy rains and 30 mph winds to the Missouri Valley and Ohio Valley regions on Friday.As of Friday morning, more than half a million people in Louisiana are still without electricity. About 200,000 people in Texas are also without power, including 94 percent of people in Orange County, a county bordering Louisiana.Among the areas hardest hit by Laura was Lake Charles, a city in southwest Louisiana. Though it's located about 40 miles inland, massive storm surge and heavy rain have caused extensive flooding in the area. Photos show homes underwater and structures blown over.Portions of I-10 west of Lake Charles remain closed as of Friday morning as workers attempt to clear debris from the expressway.On Thursday, President Donald Trump said he would visit Louisiana to survey damage over the weekend. 1345

CVS hears the Amazon footsteps -- and the pharmacy giant is wasting no time trying to get ahead of any Jeff Bezos plan to disrupt the drug store business the way that he has the rest of retail.CVS said Monday that it plans to offer next day delivery of prescription drugs nationwide in 2018. In some urban markets, CVS will even deliver on the same day.A program to deliver both medications and a select offering of other CVS products from the front of the store will begin in Manhattan on December 4.CVS CEO Larry Merlo made the announcements during the company's earnings conference call with analysts.The news comes just a few weeks after reports surfaced that Amazon had received wholesale pharmacy licenses in a dozen states.That move would potentially allow Amazon to sell prescription medications online.The speculation caused the shares of CVS and rival Walgreens to fall, as did pharmacy benefits manager company Express Scripts, a competitor of the CVS-owned PBM Caremark.The stocks of drug distributors Cardinal Health, AmerisourceBergen and McKesson all fell too.This is because investors are worried that Amazon, which is already changing the dynamics of the grocery business thanks to its acquisition of Whole Foods, may look to do the same for drug stores.But Merlo said during the call with analysts Monday that he still sees Amazon as more of a potential ally than threat."You would never close the door on any type of partnership," Merlo said, when asked by an analyst about possibly working with Amazon.Still, CVS seems to recognize that the health care landscape is changing rapidly, and it needs to adjust. There have even been recent rumors that CVS may look to buy health insurer Aetna.Aetna scrapped plans to merge with rival Humana earlier this year due to intense regulatory scrutiny. Another insurer merger proposed by Anthem and Cigna died as well.Since then, the lines between health insurers and the pharmacy giants have grown increasingly blurred and incestuous.Anthem recently started up its own PBM, called IngenioRX, and has partnered with CVS.And Walgreens has partnered with a Blue Cross-backed PBM Prime Therapeutics to form a new mail order pharmacy company.Merlo and other CVS executives did not address any of the Aetna chatter on the conference call.But if the rumors are true -- and if an Aetna deal passed antitrust scrutiny -- then CVS appears to be on its way towards building a formidable health care/retail giant that may avoid getting Amazon-ed.  2507

Customers at Starbucks will have new ways to pay for their drinks and food while still earning stars in their rewards program.The changes to the Starbucks Rewards loyalty program begin Tuesday, September 15.Customers have complained for years about the need to reload their Starbucks card in order to spend money at the coffee giant and earn loyalty stars. In order for customers to earn stars in their loyalty program, customers had to use a Starbucks card or gift card to pay. This forced regular customers to constantly reload their card to ensure there was enough money for their purchases.Starting Tuesday, alternative ways to pay will be allowed and still allow members to earn stars for purchases. Alternative methods include debit/credit cards, cash, and select mobile wallets.However, there’s a catch.Customers paying with their Starbucks card or gift card will earn two loyalty stars per spent, and those paying with alternative methods will earn one star per spent. 990