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Walgreens will close about 200 locations across the United States as part of its plan to cut costs.After buying roughly half of Rite Aid's stores two years ago, Walgreens expanded its American footprint to more than 9,500 stores. The planned closures represent less than 3% of Walgreens locations.The closures will cause "minimal disruption to customers and patients," Walgreens said in a statement. The company will also find jobs for the affected employees in nearby locations. Walgreens did not provide a list of the stores that it plans to close.Parent company Walgreens Boots Alliance announced in June it would close 200 of its more than 2,400 Boots stores in the United Kingdom. The company expects the combined closures to save it .5 billion annually by the end of fiscal 2022. Earlier this year, Walgreens issued a weak profit outlook for 2019, so it pledged to cut costs to boost earnings.Walgreens faces a litany of challenges, including lower prices for generic drugs and a persistent decline in reimbursement rates for medications from state and federal government health care plans.The company revealed in a regulatory filing Tuesday that will take a pre-tax charge of as much as .4 billion for the closures.Rival CVS offered a far rosier outlook. It reported stronger-than-expected earnings Wednesday and boosted its full-year outlook. 1366
White House officials rebuffed efforts by their colleagues at the Department of Homeland Security for more than a year to make combating domestic terror threats, such as those from white supremacists, a greater priority as specifically spelled out in the National Counterterrorism Strategy, current and former senior administration officials as well as other sources close to the Trump administration tell CNN."Homeland Security officials battled the White House for more than a year to get them to focus more on domestic terrorism," one senior source close to the Trump administration tells CNN. "The White House wanted to focus only on the jihadist threat which, while serious, ignored the reality that racial supremacist violence was rising fast here at home. They had major ideological blinders on."The 818
Two of the world's biggest carmakers may soon join forces.Fiat Chrysler said Monday that it had submitted a merger proposal to French rival Renault. Each carmaker would control half of the merged entity, it added.Renault said in a statement that its board of directors would meet on Monday to discuss the proposal. The French carmaker's stock surged 13%, while Fiat Chrysler shares jumped nearly 18% in Milan.The companies 435
University of Wisconsin assistant men's basketball coach Howard Moore lost his wife and young daughter in a fatal car accident near Ann Arbor, Michigan early Saturday morning.Moore, his wife and his two children were hit head-on by a female driver going the wrong way, Michigan State Police said.That driver, along with Moore's 9-year-old daughter Jaidyn and his wife, Jennifer, died as a result of the crash, police said.Moore, 46, and his 13-year-old son Jerell are being treated at the University of Michigan Hospital. The family's dog also died in the accident, police said.The university, where Moore has coached since 2015, said Moore is in stable condition in the ICU and his son is "up and walking around.""Howard has been a terrific ambassador for Wisconsin for nearly 30 years, dating back to days as a UW student athlete," the university said in a statement. "Our hearts are with Howard and Jerell and we, as a community, will support and lift up the entire Moore and Barnes families."Head coach Greg Gard said the university is "devastated.""Howard is so much more than a colleague and coach," Gard said in a statement. "He and Jen and their children are dear friends to everyone they meet. Their positivity and energy lift up those around them.""We will miss Jen and Jaidyn dearly and we will put our arms around Howard and Jerell and the entire family, giving them love and support during this unspeakable time."Moore, who graduated from the university, returned to assist in coaching after spending five seasons as head coach at the University of Illinois at Chicago."He has always been an incredible representative of our athletic department and a positive influence on everyone around him," director of athletics Barry Alvarez said in a university statement. "We are truly heart-broken for his family and will be doing everything possible to help him through this tragic time."Dozens flooded social media with messages of support and love for Moore.Coaches and college basketball teams -- including from 2033
Why does a teenager deserve to be on a city council? That's what Marcel McClinton, 17, says he is asked a lot."I've got the right ideas and change is necessary to bring our city and push it further to success," he answers.McClinton is just days out of high school and turns 18 on July 5. The filing deadline for Houston's city council candidates is Aug. 30."I just barely make it," he said. Age is just a number to him."So I think that, you know, the mindset of 'you can only get involved, you only have a voice when you turn 18 when you can vote' is a lie, is a myth, it's not true," he said. "I always tell young folks who ask me this question that you can help campaigns and push your political ideas through a movement, right?"For McClinton, the movement he is most passionate about, is preventing gun violence. He was a survivor of a shooting at his church in 2016."And that was a moment in my life for a lot of us in the room we had to grow up a lot faster," he said.McClinton helped organize Houston's "March for our Lives" rally and volunteer for Beto O'Rourke's bid for senate. It has all led him to this."I also sat back and thought, ya know, to what extent can I further my work in gun violence prevention? And would that be most beneficial at just the school level and just keeping students safe in schools, or is that in a greater capacity on city council where we can look at inner city gun violence awareness campaigns and suicide and mental health and all these things that I think attack gun violence at a greater extent?" he said.The teen has big backers: O'Rourke's former campaign manager is serving as an adviser to McClinton's campaign. He says it is proof young people really can bring change."Your truth in your heart matters, and that's important, and also to stay confident through all the doubts that you're gonna hear," McClinton said. 1875