Archive for September, 2019

Job-based insurance annual premiums reach $20,000 record high

While premiums in the Affordable Care Act marketplaces appear to have leveled out after several years of sharp increases, the cost of employer-sponsored insurance has reached a record high. Companies and their workers for the first time are shelling out more than $20,000 on average for family health benefits in 2019, with employees picking up […]

Rite Aid jumps more than 9% after reporting better-than-expected earnings

Rite Aid’s stock surged by more than 11% on Thursday after the pharmacy chain reported better-than-expected earnings under new CEO Heyward Donigan. Overall sales, however, fell short of analysts’ forecasts for its fiscal second quarter for 2020 ended Aug. 31, as did sales at locations open for at least a year.

Facebook Horizon will let you create your own world in VR

On Wednesday, the world’s largest social network said that it’s launching a test version of an app called Horizon that will let people create their own environment in virtual reality. You’ll also be able to play games, explore and hang out with friends in this social VR world.

Walmart adds health care degrees to its $1-a-day education benefits

Walmart said Tuesday that it has added seven bachelor’s degrees and two career diplomas in health care fields to its education benefits. Last year, Walmart created a program that would allow its employees to earn a college degree without taking on student debt. It started out with business and supply chain management curriculums. Walmart pays […]

Walgreens to test drone delivery service with Alphabet’s Wing

Walgreens is testing a new on-demand delivery service with Alphabet’s drone delivery service Wing, beginning next month, the companies announced Thursday. The pilot program will deliver food and beverage, over-the-counter medications and other items within minutes, Walgreens said. Prescription deliveries will not be available.

Shippers to benefit from Savannah if roads can keep up

Expansion plans at the Port of Savannah, which include opportunities for dual rail service between Savannah and Chicago, will benefit shippers so long as the transportation infrastructure leading up to the port can handle the additional potential volumes, analysts say.

Georgia port marks more growth in container volume

The Georgia Ports Authority (GPA) announced yesterday it marked its busiest month ever for containerized trade in August, handling a 16.5 percent increase in container volume compared to the same month last year.