Albertons is buying a big portion of Rite Aid in a deal valued at $24 billion. Last year, Walgreens also reached a deal to buy part of Rite Aid. This comes as many traditional retailers are joining forces to compete with Amazon, which is shaking up nearly every industry.
Elon Musk's Boring Company is one step closer to making the Washington to New York City hyperloop a reality. Musk was granted a preliminary permit for the Washington part of the hyperloop. While this doesn't mean work can start immediately, it's a good sign for the Boring Company. Musk has said the hyperloop will transport people from DC to New York in just 29 minutes.
"Black Panther" smashed box office records in its opening weekend. The film raked in more than $235 million dollars in ticket sales. Us Weekly's Emily Longeretta says the stars were all aligned to make "Black Panther" a success, including a mostly black cast, a great storyline, and strong female characters. The cultural moment we're going through as a country also played a role in the film's success, according to Longeretta.
Plus, we're joined by Jason Brown, the CEO of the start-up subscription service Vitamin Packs. The company ships personalized vitamins to your door every month. Brown says the service is growing fast. Vitamin Packs just recently shipped out its 5000th order.
Comerica’s Chief Economist Bill Adams unpacks U.S. retail sales, job growth, and the resurgence of market volatility—and what it all signals for the economy.
Saar Yoskovitz, CEO of Augury, shares how the company delivers AI infrastructure that Fortune 500s rely on to boost efficiency, reliability, and scale.
Meridith McGraw, White House Reporter at The Wall Street Journal, breaks down Trump’s $200M ballroom plan, D.C. police tensions, and the future of MAGA.