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Healthcare Companies Boost Executive Security After CEO's Manhattan Slaying Healthcare Companies Boost Executive Security After CEO's Manhattan Slaying
Healthcare Companies Boost Executive Security After CEO's Manhattan Slaying Healthcare companies are intensifying security measures for their executives following the targeted fatal shooting of UnitedHealthcare CEO Brian Thompson in midtown Manhattan this week. The incident prompted security officials at major companies to hold a conference call on Wednesday, Dec. 4, the day of the shooting, to assess risks for their senior leadership teams, according to the Financial Times. “Could this happen to us? What are we not doing today that we could be doing?" Dave Komendat, founder of a risk management service told the outlet. "These were the questions chief sec…

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by Joe Lombardi
Business
Walgreens To Close 1,200 Stores Walgreens To Close 1,200 Stores
Walgreens To Close 1,200 Stores Walgreens plans to close about 1,200 stores over three years amid a decline in prescription drug payments and a rise in online competition. About 500 closures will come in 2025, the company announced in a statement released Tuesday morning, Oct. 15. Specific sites for store closures were not announced. Walgreens said its operating loss in fiscal 2024 was $14.1 billion, an increase of 104.5 percent compared to the year-ago period. Retail sales decreased 3.5 percent compared with the year-ago quarter, "reflecting a challenging retail environment and continued channel shift," Walgreens s…

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by Joe Lombardi