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    News
    The Canadian Press

    Walgreens to pay $106M to settle allegations it submitted false payment claims for prescriptions

    WASHINGTON (AP) — Walgreens has agreed to pay $106 million to settle lawsuits that alleged the pharmacy chain submitted false payment claims with government health care programs for prescriptions that were never dispensed.

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    Business
    Reuters

    Exclusive-OpenAI's stunning $150 billion valuation hinges on upending corporate structure, sources say

    (Reuters) -OpenAI's new financing round is expected to come in the form of convertible notes, according to sources with direct knowledge of the matter, who said its $150 billion valuation will be contingent on whether the ChatGPT-maker can upend its corporate structure and remove a profit cap for investors. The outsized funding round has seen strong investor demand and could be finalized in the next two weeks, given the rapid growth of OpenAI's revenue, sources added. Existing investors such as Thrive Capital, Khosla Ventures, as well as Microsoft are expected to participate.

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    Business
    The Canadian Press

    Striking Boeing factory workers say they are ready to hold out for a better contract

    SEATTLE (AP) — Blue-collar workers from Boeing walked picket lines in the Pacific Northwest instead of building airplanes on Friday after they overwhelmingly rejected a proposed contract that would have raised their wages by 25% over four years.

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    Business
    Bloomberg

    Small Markets Steal Limelight as Global Equities Rally Broadens

    (Bloomberg) -- After being sidelined by investors for much of this year, some smaller equity markets are suddenly winning favor.Most Read from BloombergHousing’s Worst Crisis in Decades Reverberates Through 2024 RaceUS Driving and Congestion Rates Are Higher Than EverFrom Louisville, a Push to Plant Trees for Public HealthAn Affordable Nomadic Home Design Struggles to Adapt to Urban LifeFor Tenants, AI-Powered Screening Can Be a New Barrier to HousingThe trend is particularly evident in Asia, wh