By Jonathan Stempel (Reuters) – Walgreens Boots Alliance agreed to pay $106.8 million to settle charges it fraudulently billed the U.S. government for prescriptions that were never dispensed, the Department of Justice said on Friday. The Justice Department said Walgreens violated the federal False Claims Act between 2009 and 2020 by submitting payment claims to…
By Andrew Osborn and Mark Trevelyan LONDON (Reuters) – Vladimir Putin’s options to retaliate if the West lets Ukraine use its long-range missiles to strike Russia could include striking British military assets near Russia or, in extremis, conducting a nuclear test to show intent, three analysts said. As East-West tensions over Ukraine enter a new…
By Jaspreet Singh (Reuters) -Oracle shares pared most of their gains on Friday after spiking nearly 8%, with some analysts expressing reservations about the company’s forecast of crossing $100 billion in revenue in fiscal 2029, driven by AI-led demand for cloud services. The company, which counts AT&T, Lyft and Cognizant among clients, forecast fiscal 2029…
By Saqib Iqbal Ahmed NEW YORK (Reuters) – Nvidia’s huge stock rally is still exerting an outsized influence over the S&P 500 index , reinforcing concerns that broader markets could be hurt if the chipmaking giant’s fortunes turn. This year’s 140% surge in shares of Nvidia, whose chips are seen as the gold standard in…
