There are currently more than 2,400 Rite Aid locations on the East Coast and West Coast. Reports indicate that the pharmacy chain may look to sell up to 500 of these stores in a bankruptcy filing. The company is struggling with debt and financial losses. It is thought that Rite Aid may explore a potential […]
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House adopts ‘clean’ stopgap funding bill possibly averting shutdown
The U.S. House of Representatives has adopted a “clean” stopgap funding bill with no new restrictions. This means that if the Senate follows suit all federal government operations can move forward with no interruptions due to a government shutdown. The temporary funding is set to last until December 11th. The House measure now goes to […]
Shutdown deal avoids political pain for Republican moderates
The recent bipartisan budget deal to avoid a government shutdown was a Development of political pain avoidance for Republican members of the House and Senate. By passing this deal, congress avoided passing more controversial and divisive budget cuts that could alienate moderates and more centrist members. This deal also showed a willingness to work together […]
Germany hits back at Elon Musk after he wades in on migrant debate
Germany has hit back at Elon Musk after he waded into the country’s migrant debate. The Tesla boss had tweeted in support of Chancellor Merkel’s open-door policy to refugees after German interior minister Horst Seehofer said he wanted to turn away migrants at the border if they had already applied for asylum in another EU […]
Target says it will close nine stores in major cities, citing violence and theft
as two of the reasons. The retailer says it will provide support and assistance for employees affected by the closures, including resources to help them find new employment opportunities. In addition, Target says it is working with law enforcement to increase security in the affected areas.
House Dem Leader Jeffries floats end-run around McCarthy to avert government shutdown
House Democratic Leader Hakeem Jeffries has floated the idea of using a special procedural maneuver to give lawmakers the ability to bypass House Minority Leader Kevin McCarthy and taorreste infrastructure talks with President Joe Biden without the fear of facing a government shutdown. Jeffries proposed the procedure, known as a self-executing rule, during a Monday […]
Congress begins to admit it’s running out of time to avoid a government shutdown
With Congress running out of time to pass the necessary government spending legislation before the new fiscal year begins on October 1, there is a growing realization that they may have to pass a stopgap measure to avoid a government shutdown. This would involve Congress passing a short-term spending bill that would fund the government […]
At least 56 killed after suicide bombings rip through two religious ceremonies in Pakistan
At least 56 people were killed and 74 others were injured when two suicide bombings occurred near two different religious ceremonies in the Pakistani city of Quetta on April 12th, 2021. The first attack took place outside a Sunni religious school in the Hazara Town neighborhood around 10:20 a.m. local time, killing at least 44 […]
SEC charges ‘Cash Flow King’ podcaster in $11 million Ponzi scheme
The Securities and Exchange Commission (SEC) has charged a popular “Cash Flow King” podcast host in connection with an $11 million Ponzi scheme. The podcast host, Paul R. Harper, ran an investment fund called the Full Disclosure Fund. The SEC alleges that Harper misled investors by making false statements about the fund’s performance and the […]
No longer ‘any dispute’ Biden ‘lied’ about never talking business with Hunter: GOP lawmaker
There is no longer any dispute that former Vice President Joe Biden lied about never talking business with his son, Hunter, according to a Republican lawmaker. Rep. Jim Banks (R-IN) recently tweeted his criticism of Biden’s comments saying, “There’s no longer any dispute: Joe Biden lied when he said he ‘never’ talked business with Hunter.” […]