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A new force in pharmacy

In an exclusive interview, Drug Store News talks to Fred's Pharmacy CEO Mike Bloom about his vision to transform Fred’s into a healthcare company, how the Rite Aid deal could fast-track that plan and what the company is doing to bring more sophisticated tools and processes to its merchandising operations.

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WSJ: Bayer joins growing list of companies promising job growth in U.S.

Bayer AG has joined a host of companies, including General Motors, Hyundai and Walmart,  that have pledged to either keep or create jobs in the U.S., The Wall Street Journal reported Wednesday. The Journal cited Trump transition team spokesman Sean Spicer, who said Bayer’s decision was the result of “the president-elect’s focus on creating a better business climate here in the United States.” Bayer is currently seeking regulatory approval for its planned $57 billion purchase of seed maker Monsanto, and committed research investments and "several thousand" new high-tech positions in the U.S. once that deal is successfully completed. (The Wall Street Journal)