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.
Ben Geman, Energy Reporter at Axios, joins to discuss the latest Middle East tensions, Brent crude price swings, and why gas prices aren’t falling with oil.
Al Root, Associate Editor at Barron's, joins to discuss Tesla’s robotaxis going live in Texas—what it means for autonomy, safety, and the EV race ahead.
Dena Jalbert, M&A expert and CEO of Align Business Advisory Services, on the state of U.S. M&A: deals worth $1–$10 billion (including debt) are surging.
Jeremy Jansen, Head of Supply Chain at Wells Fargo, unpacks the ongoing trade talks between the United States and China as consumers still wonder about tariffs.
A group of Democratic Texas lawmakers is asking Elon Musk to delay his rollout of driverless ‘robotaxis’ in the state this weekend to assure the vehicles are safe enough.
The billionaire slated to takeover the controlling interest in the Los Angeles Lakers has built a career leading businesses investing in everything from sports franchises to artificial intelligence.
IBM Fellow Jerry Chow talks IBM’s expansion of the Quantum Data Center in Poughkeepsie, installing Heron processors that deliver utility‑scale performance.