Amazon launches online pharmacy in new contest with drug retail

Amazon.com Inc AMZN.O on Tuesday launched an online pharmacy for delivering prescription medications in the United States, increasing competition with drug retailers such as Walgreens WBA.O, CVS Health CVS.N and Walmart WMT.N. Called Amazon Pharmacy, the new store lets customers price-compare as they buy drugs on the company’s website or app. Shoppers can toggle at […]

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Former UAW exec and GM board member sentenced to 30 months in prison for taking kickbacks

Former United Auto Workers Vice President Joseph Ashton on Tuesday was sentenced to 30 months in prison for accepting kickbacks as part of a wide-ranging federal corruption probe into the union. Ashton, a former General Motors Co board member, pleaded guilty in December 2019 to conspiring with other union officials to receive “hundreds of thousands […]

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U.S. retail sales lose speed as pandemic, lack of fiscal stimulus weigh

U.S. retail sales increased less than expected in October and could slow further, restrained by spiraling new COVID-19 infections and declining household income as millions of unemployed Americans lose government financial support. While other data on Tuesday showed production at factories accelerating last month, output remained well below its pre-pandemic level and the uncontrolled coronavirus […]

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