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Most Expensive States: Here's Where NY Ranks, New Report Says Most Expensive States: Here's Where NY Ranks, New Report Says
Most Expensive States: Here's Where NY Ranks, New Report Says A new ranking by CNBC has found that both New York and Massachusetts are part of the top 10 most expensive states to live in. The CNBC report, which was published on Friday, July 12, used an index of prices for a broad range of goods and services, which was calculated by the Council for Community and Economic Research (C2ER), alongside housing affordability and the cost to insure a median-priced home, to determine the list of spendy states. New York, which ranked in ninth place (tied with Florida, Rhode Island, and Washington), earned a grade of D- from CNBC’s “Top States for Business 202…

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by Sophie Grieser
Business
Rite Aid Announces Massachusetts Store Closure After Declaring Bankruptcy Rite Aid Announces Massachusetts Store Closure After Declaring Bankruptcy
Rite Aid Announces Massachusetts Store Closure After Declaring Bankruptcy Rite Aid has announced new store closures after the struggling pharmacy chain filed for bankruptcy in the fourth quarter of 2023. Shortly after declaring bankruptcy, Rite Aid announced 154 store closures. In a filing on Tuesday, April 9, the company said 17 more stores, including one in Massachusetts, in Fall River, at 10 Stafford Road, Rite Aid currently has 2,000 stores and about 44,000 employees. Rite Aid is one of a number of drugstore chains facing litigation related to the deadly abuse of opioids and more than a thousand lawsuits have been filed claiming Rite Aid illegally…

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by Joe Lombardi
News
Pennsylvania Man Who Purchased Human Body Parts On Facebook Sentenced Pennsylvania Man Who Purchased Human Body Parts On Facebook Sentenced
Pennsylvania Man Who Purchased Human Body Parts On Facebook Sentenced A 41-year-old man who purchased human body parts from a woman in Arkansas through Facebook has been sentenced in a Pennsylvania court on Tuesday, March 5.  Jeremy Pauley, originally of Enola, Cumberland County but most recently of Thompson, Susquehanna County, has been sentenced to two years of probation for his role in a national illegal human body parts selling scheme involving a funeral home and the Harvard morgue, as Daily Voice previously reported.  He has been under investigation by local police and the FBI since authorities received a call about "suspicious activi…

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by Jillian Pikora
Business
Rite Aid Files For Bankruptcy Amid Drop In Sales, Opioid Lawsuits Rite Aid Files For Bankruptcy Amid Drop In Sales, Opioid Lawsuits
Rite Aid Files For Bankruptcy Amid Drop In Sales, Opioid Lawsuits One of the country’s largest pharmacy chains has just filed for bankruptcy. The move by Rite Aid comes amid declining sales and a rise in debt, which hit $3.3 billion, according to midyear filings.  The company said in an announcement on Sunday, Oct. 15 that in connection with the filing, it has received a commitment for $3.45 billion in new financing from some of its lenders.  "This financing is expected to provide sufficient liquidity to support the company throughout this process," Rite Aid said. Rite Aid is one of a number of drugstore chains facing litigation related to the…

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by Joe Lombardi
Business
Rite Aid Plans To Close 400-Plus Stores, Report Says Rite Aid Plans To Close 400-Plus Stores, Report Says
Rite Aid Plans To Close 400-Plus Stores, Report Says Rite Aid will close 400 to 500 stores as part of a Chapter 11 bankruptcy reorganization, according to a new report. The drugstore chain is now negotiating with creditors to formulate a bankruptcy plan that would include liquidating a substantial portion of its more than 2,100 drugstores, The Wall Street Journal says. Rite Aid is facing over $3 billion in debt and more than a thousand federal lawsuits alleging it oversupplied opioids, the report said. Founded 61 years ago in Scranton, Pennsylvania, Rite Aid moved its headquarters to Philadelphia in 2022. Click here to read the complet…

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by Joe Lombardi