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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

WASHINGTON — President Donald Trump aims to take credit for the speedy development of forthcoming coronavirus vaccines, even as his administration is coming under scrutiny for failing to lock in a chance to buy millions of additional doses of one of the leading coronavirus vaccine contenders this summer.That decision could delay the delivery of a second batch of doses until manufacturer Pfizer fulfills other international contracts.The revelation was first reported by the New York Times and later confirmed to the Associated Press by people familiar with the matter.Earlier this year, Pfizer agreed to make 100 million doses of its COVID-19 vaccine — enough to inoculate 50 million Americans — and gave the federal government the option to purchase up to five times as many doses. Then, this summer, Trump administration officials reportedly declined an offer to purchase 100 million more doses of the Pfizer vaccine.According to the Times, Pfizer must now also fulfill hefty orders from other countries — notably, an order for 200 million doses from the European Union — before making more doses for the U.S.In a statement, the Department of Health and Human Services said it was confident that Pfizer would be able to fulfill it's current 100 million dose order, and pointed to the fact that several other vaccine candidates are near approval — including one from Moderna, which could be approved by the end of th month.“We are confident that we will have 100 million doses of Pfizer’s vaccine as agreed to in our contract, and beyond that, we have five other vaccine candidates, including 100 million doses on the way from Moderna,” an HHS spokesperson said in a statement to the Times.The reports came on the eve of Trump’s plans to host a White House summit on Tuesday, aimed at celebrating the expected approval of the first vaccine later this week.At that event, Trump plans to sign an executive order aimed at prioritizing the supply of U.S. vaccines for Americans — though the order does not appear to have legal sway, according to the New York Times.Officials from President-elect Joe Biden’s transition team were not invited to Tuesday's event at the White House, despite the fact that the Biden administration will handle the bulk of the distribution work. 2281

WASHINGTON (AP) — House Speaker Nancy Pelosi says she is ordering the removal from the Capitol of portraits honoring four previous House speakers who served in the Confederacy.In a letter Thursday to the House clerk, Pelosi directed the immediate removal of portraits depicting these former speakers: Robert Hunter of Virginia, James Orr of South Carolina, and Howell Cobb and Charles Crisp, both of Georgia.Pelosi says the House was unaware of the portraits until an inventory was taken of the chamber’s statues.“We didn't know about this until we were taking inventory of the statues,” she said. “And the curator told us that there were four paintings of speakers in that and the Capitol of the United States four speakers who had served in the Confederacy.”Pelosi says that "there is no room in the hallowed halls of Congress or in any place of honor for memorializing men who embody the violent bigotry and grotesque racism of the Confederacy.″Pelosi says the portraits will be taken down in observance of Juneteenth, a June 19 holiday that celebrates the end of slavery in the U.S. 1094

WASHINGTON (AP) — A major union representing U.S. postal workers endorsed Democrat Joe Biden, a move that comes after President Donald Trump acknowledged he was starving the postal service of money in order to make it more difficult to vote by mail in November’s election. The National Association of Letter Carriers, which represents 300,000 current and retired workers, said Thursday that Trump's longstanding hostility to the mail-delivering agency has heightened during the pandemic. They say his administration has taken “steps outside of the public eye to undermine the Postal Service and letter carriers." Union president Fredric Rolando said Biden is a "fierce ally and defender of the United States Postal Service." 732

Visitors to the Bahamas will no longer have to quarantine for 14 days after the island updated its coronavirus rules over the weekend.On Sunday, the island stated in a press release that anyone who visits must test negative for COVID-19 five days before arriving on the island, apply for a health travel visa, complete a daily questionnaire, and take a rapid antigen test the fifth day of your stay.The antigen test is not required if you are leaving on the fifth day.And you're required to wear a mask and social distance in public places.Beginning Nov. 14, visitors must opt into COVID-19 health insurance when applying for the health travel visas."The cost of the required COVID Health Insurance is included in the Bahamas Health Visa and paid in advance of travel," island officials stated on its FAQ.The island said anyone who presents a test older than five days would not be allowed entry.Prior to the rules change on Sunday, visitors had to quarantine for 14 days upon their arrival as part of its vacation-in-place. 1032