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RITE AID BANKRUPTCY
Manmohan Singh: One surprising phone call in 1991 that changed India's economyIn 1991, amidst an economic crisis, Manmohan Singh was unexpectedly appointed as Finance Minister by Prime Minister P.V. Narasimha Rao. Sin...30 Dec, 2024, 12.20 PM IST- Bankrupt US pharmacy chain Rite Aid banned from using AI facial recognitionRite Aid deployed artificial intelligence-based facial recognition technology from 2012 to 2020 to identify shoplifters but the company fal...20 Dec, 2023, 08.59 AM IST
- Rite Aid lays out plan to close 154 stores initially as it seeks bankruptcy protectionRite Aid, the drugstore chain currently going through Chapter 11 bankruptcy, plans to close about 7% of its stores. The company has submitt...20 Oct, 2023, 12.28 PM IST
- Wall Street closes higher as upbeat economic data allays slowdown fearsU.S. stock indexes rebounded on Tuesday as positive economic data calmed concerns about a recession. Reports showed a rise in new orders fo...28 Jun, 2023, 07.45 AM IST
- Wall Street rebounds as upbeat economic data allays slowdown fearsThe Dow rises 144.24 points, the S&P 500 30.23 points and Nasdaq Composite 134.49 points. Amazon, Tesla and Nvidia rise by about 1% each, w...27 Jun, 2023, 10.36 PM IST
- US pharmacy chains to pay $10 bn to settle opioid casesUS pharmacy chains CVS Health and Walgreens said Wednesday they had reached preliminary agreements to together pay more than $10 billion to...02 Nov, 2022, 08.55 PM IST
- End of the line for Sri Lanka's 'Terminator' presidentRajapaksa, one of a clan of four brothers who have dominated the country's politics in recent years, was defence secretary under his brothe...14 Jul, 2022, 10.53 PM IST
- Cognizant, HCL Tech may feel the pain of US opioid lawsuitsIT services firms face hurdles due to possible client bankruptcies or cut in spending to pay settlements.30 Aug, 2019, 11.22 AM IST
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