The Department of Justice said Friday that it sued pharmacy giant Walgreens over allegedly dispensing millions of unlawful prescriptions. The DOJ said that Walgreens from August 2012 until the present “knowingly” filled those prescriptions, which “lacked…
Category:
Business
-
-
Business
Vanguard fined more than $100 million by SEC over violations involving target date retirement funds
by adminAsset management giant Vanguard has been fined more than $100 million to settle charges related to disclosures around target date investment funds, the Securities and Exchange Commission announced Friday. The alleged violations…
-
Business
Investors pitch new international basketball league that would offer players equity
by adminA group of high powered investors want to raise billions to form a new international basketball league, according to people familiar with the matter. The new organization would offer players…
-
The U.S. Food and Drug Administration formally authorized Zyn nicotine pouches for sale after conducting an ‘extensive scientific review’ about their safety. In a release Thursday, the agency said it…
-
The CEO of UnitedHealth Group said Thursday that shortcomings of America’s health care system must be addressed. On the company’s first earnings call since the fatal shooting of UnitedHealth executive…
-
Business
Pepsi sued by federal regulators for giving Walmart preferential soft-drink pricing
by adminThe Federal Trade Commission said Friday that it is suing PepsiCo for illegal price discrimination, alleging the food and beverage giant gave an unnamed retailer more favorable prices than its competition. Walmart is the unnamed…
-
Business
Capital One outage drags into Friday afternoon, leaving some customers without deposit access
by adminAn outage affecting Capital One customers dragged into its second day Friday, further preventing some customers from accessing deposits, payments and transfers. In an afternoon statement, the bank said it…
-
Business
Biden administration seeks to avoid default crisis for student loan borrowers as garnishments resume
by adminThis year, for the first time in roughly five years, borrowers who have defaulted on their federal student loan debt will face collection activity, including the garnishment of their wages and retirement benefits.…
-
Capital One said an unspecified technical issue was hampering customer account access, as some users reported issues with direct deposits. In response to complaints on social media platform X, a…
-
Target raised its fourth-quarter sales forecast Thursday after more consumers turned to its stores and website for holiday shopping — particularly on days known for deep discounts. The big-box retailer now…