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Monday, dec 16
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Savings
Business
CVS To Lay Off Nearly 3K Workers
CVS announced it will lay off nearly 3,000 workers as part of a cost-cutting move aimed at saving $2 billion. These approximately 2,900 layoffs, primarily in corporate roles in the company's CVS Health division, represent less than 1 percent of the company's workforce, CVS said. "The reductions will not impact front-line jobs in our stores, pharmacies and distribution centers,” a CVS spokesperson told CNN. The move comes a day after CVS management met with major shareholder Glenview Capital to discuss the company’s deficits and its dipping stock price, according to CNBC. Founded in…
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Family Fortune: Brother, Sister In Brockton Both Win Lottery Jackpot On Same Day
A Brockton family took the old "you'll have what your sister's having, and you'll like it" to a new level when a pair of siblings each won $25,000 a year for life in the Massachusetts State Lottery. William Fralick and Pamela McClure, both of Brockton, correctly guessed all five numbers in the "Lucky For Life" drawing on Aug. 25. They both chose to take the lump sum payment of $390,000 (before taxes) rather than the annuity. William said he would put the money into his savings, while his sister Pamela doesn't have plans for her winnings yet. He bought his ticket at…