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Rite Aid files for second bankruptcy in two years

U.S. pharmacy chain Rite Aid on Monday filed for bankruptcy protection for the second time in as many years, according to a…
Investing

Skechers to be acquired by 3G Capital in take-private deal, shares soar 25%

Footwear giant Skechers has agreed to be acquired by private equity firm 3G Capital for $63 per share, ending its nearly three-decade run as…
Latest News

German conservative’s bid for chancellor falls short, a first in more than 75 years

Friedrich Merz, the conservative leader who was poised to become Germany’s next chancellor, failed to win enough votes to secure the country’s…
Latest News

Experts sound the alarm over ‘shocking’ study showing significant risks to women who take abortion pills

A new study exposing a significant number of ‘serious adverse events’ occurring among women who have taken mifepristone, also known as the ‘abortion…
Latest News

NASA backs Trump budget blueprint with $6B cut to agency

President Donald Trump unveiled a budget blueprint last week that includes roughly $6 billion in federal funding cuts to the National Aeronautics and…
Latest News

Lawyer of whistleblower in Trump impeachment case sues administration over revoked security clearance

A lawyer who represented a government whistleblower in a case that led to President Donald Trump’s first impeachment sued the Trump administration…
Economy

How billionaire Caltagirone could influence Italy’s banking M&A wave

MILAN (Reuters) -Italian billionaire Francesco Gaetano Caltagirone has emerged as a leading player in the reshaping of Italy’s financial sector that is…
Latest News

Vance, conservatives blast Omar over resurfaced ‘fearful of White men’ clip: ‘Genocidal language’

A resurfaced clip of Dem. Rep. Ilhan Omar, a member of the progressive ‘Squad’ in Congress, sparked a frenzy on social media…
Investing

Temu halts shipping direct from China as de minimis tariff loophole is cut off

Chinese bargain retailer Temu changed its business model in the U.S. as the Trump administration’s new rules on low-value shipments took effect Friday. In…
Economy

How billionaire Caltagirone could influence Italy’s banking M&A wave

MILAN (Reuters) -Italian billionaire Francesco Gaetano Caltagirone has emerged as a leading player in the reshaping of Italy’s financial sector that is…
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