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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 (AP) — Joe Biden says he has begun receiving intelligence briefings and warns that Russia, China and other adversaries are attempting to undermine the upcoming U.S. election in November.The presumptive Democratic presidential nominee wasn’t specific and offered no evidence while addressing a virtual fundraiser Friday.However, in the process, he confirmed receiving classified briefings after suggesting as recently as late last month that he wasn’t getting them.Biden received intelligence briefings while vice president but told reporters he wasn’t getting them as of June 30.Classified briefings are traditionally provided to major-party nominees once they win the primary, but Biden won’t formally become the nominee until the party’s convention next month. 781

WASHINGTON (AP) — Postmaster General Louis DeJoy told lawmakers Monday that he has warned allies of President Donald Trump that the president’s repeated attacks on mail-in ballots are “not helpful,” but denied that recent changes at the Postal Service are linked to the November elections.“I am not engaged in sabotaging the election,” DeJoy said, adding that, like Trump, he personally plans to vote by mail.The House hearing quickly became a debate over mail delivery disruptions being reported nationwide. Democrats said the changes under DeJoy’s watch are causing widespread delays, but Republicans dismissed the worries as unfounded and part of a Democratic “conspiracy” against Trump.DeJoy made clear his role in changes that have recently been reported at the USPS.“As part of this conversation, there are many inaccuracies about my actions that I wish to again correct. First, I did not direct the removal of blue collection boxes or the removal of mail processing equipment. Second, I did not direct the cut back on hours at any of our post offices. Finally, I did not direct the elimination or any cutback in overtime. I did however suspend these practices, to remove any misperceptions about our commitment to delivering the nation’s election mail,” DeJoy stated in his opening remarks.During questioning, DeJoy clarified that his changes were intended to get the trucks to run on time, as a fundamental change needed for the whole process to be more efficient.“If the trucks don’t run on time, the mail carriers can’t leave on time,” DeJoy said, defending the change, explaining that late trucks lead to overtime and late night deliveries.A story from NewsChannel 5 found that this policy change is leading to empty mail trucks leaving without its intended cargo in order to leave on time.A heated exchange happened during Monday’s hearing, when Representative Stephen Lynch asked DeJoy if he would put mail sorting machines back, reportedly removed earlier this summer, before the election.“Will you put the machines back?” Representative Lynch pressed multiple times, reaching a shouting level.“No, I will not,” DeJoy repeatedly answered.DeJoy has argued the machines were planned to be removed as part of a transition to more package-handling equipment since the post office is handling fewer letters.A little later, during questioning from Representative Ro Khanna, DeJoy seemed to indicate he may put the machines back. Rep. Khanna asked how much money it would take to put the machines back, if the appearance of doing so helped Americans feel confident about voting and sending mail. He asked if it would take a billion dollars.DeJoy responded that Congress “couldn’t get the money,” referencing stalled efforts to pass bipartisan legislation, and the history of not funding the postal service.However, when pressed by Rep. Khanna, DeJoy responded, “Get me a billion (dollars) and I’ll put the machines in.”During the questioning, DeJoy stated he was “surprised by the lack of attention paid to the postal service in the last decade,” referencing comments from a handful of representatives that the postal service has struggled financially for years.The Postmaster General says the postal service is funded through late 2021 without new funding approved by Congress.The House Oversight Committee held a hearing on Monday on operational changes at the Postal Service that have resulted in mail delays across the country, as well as to look into concerns about the process DeJoy became the postmaster general.DeJoy testified before a Senate committee on Friday, answering similar questions.Acknowledging an expected surge in mail-in ballots because of the coronavirus pandemic, DeJoy said Monday voters should request mail-in ballots at least 15 days before the Nov. 3 election to ensure they have enough time to receive their ballot, complete it and mail it back to elections officials on time.The House approved legislation Saturday to reverse the changes and send billion to shore up the agency ahead of the election.In a statement Sunday, the Postal Service said it greatly appreciates House efforts to assist the agency, but remains concerned that some of the bill’s requirements, “while well meaning, will constrain the ability of the Postal Service to make operational changes that will improve efficiency, reduce costs and ultimately improve service to the American people.″ 4411

Walmart says it is expanding its hours at more than 4,000 stores.The retail giant said by August 17, 4,000 of its 4,700 stores will close at 10 p.m. to give customers more time to shop.We’re expanding many Walmart store closing times from 8:30 p.m. to 10 p.m. Expanding our hours of operations provides customers with greater options to shop food, medicine and supplies. https://t.co/n5Dmzp7Kh7 pic.twitter.com/0qLBiey4Ax— Walmart Inc. (@WalmartInc) August 14, 2020 "We’ll continue assessing our remaining stores to determine the right time to expand their closing hours," a spokesperson said in a statement to E.W. Scripps. "With this change, we will continue the health and safety measures currently in place, such as social distancing, health screenings, plastic barriers at the registers and masks."In March, store hours had been shortened due to the coronavirus pandemic. 884

Voters in Idaho, Nebraska, Oregon and Pennsylvania head to the polls Tuesday and the outcomes will help clarify the ever-evolving midterms picture.The winners in the Pennsylvania primaries will set up some tough races in newly drawn districts that could determine control of the House of Representatives next year. Democrats hope to nominate a moderate candidate in Nebraska that could flip a seat, while an Idaho House Republican is trying to avoid a similar fate to his losing colleagues in Indiana and West Virginia. 527

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