Can Walgreens save itself?

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Can Walgreens save itself?

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Morning 10

Friday, June 28, 2024

Did someone forward this to you? Sign up for the Morning 10 here.

1. Can Walgreens save itself?

Executives are scrambling to find a profitable path forward for a pharmacy model deemded "not sustainable."

2. Former Outcome Health CFO sentenced to 2 years in prison

Unlike the firm's other convicted execs, Brad Purdy did not have an ownership stake but did help pitch the company to investors.

3. Greg Hinz: Tax revolt looms as Johnson ponders how much to give his CTU pals

As bad as those tax bills coming in the mail are for homeowners, it soon could be markedly worse.

Report: Johnson had a CTU helping hand in drafting letter to Springfield

4. Most agents in survey give thumbs-down on National Association of Realtors

It's a small sample but suggests the turmoil at the organization and its handling of the commissions controversy has dinged its image.

5. Empty offices risk wiping out $250 billion in commercial property value

A new Moody's forecast predicts office vacancy rates will rise to 24% in the first quarter of this year, cutting revenue for landlords by up to $10 billion.

6. Opinion: Supreme Court says a $13,000 gift is not a bribe. And that’s right.

There’s a weird loophole in federal law, but the justices can’t fix legislators’ mistakes for them.

7. Harris Poll: Parents favor a modern approach to enriching the classroom experience

The key will be local leaders’ ability to agree on practical solutions for improving the system without harming already successful schools.

8. Balyasny, Schonfeld cut merger traders amid deal chaos

Chicago-based Balyasny is closing a merger arbitrage team led by Adam Schwartz, who is leaving the firm.

9. Chicago wants to reach violence victims at the hospital bedside

The city is putting $3 million toward hospital-based interventions for those at risk of a repeat of violent injury.

10. Test your knowledge of this week's headlines with our latest quiz

See how your score stacks up against other Crain's readers.

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Can Walgreens save itself?

Morning 10

Friday, June 28, 2024

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