Safeway announced that its employees gave more than 1 million hours of volunteer service to their neighborhoods and communities in 2012 - surpassing the company's goal for the second consecutive year and reinforcing a long-standing culture of volunteerism.
Alliance Boots, under the terms of a strategic alliance agreement signed earlier this week, announced that it will acquire a 12% stake in Nanjing Pharmaceutical for a total consideration of approximately $90.7 million.
The Supreme Court on Thursday identified the Patient Protection and Affordable Care Act as a tax, which means the constitutionality of the healthcare-reform package cannot be addressed until after that tax is assessed.