Walgreens was the worst stock in the Dow last year. Here’s how the CEO is betting a partnership with a tech giant can help it recover.

Walgreens is having a tough time. The pharmacy giant’s stock dropped 10% so far this year, after its financial results missed Wall Street’s expectations. The company finished 2019 as the worst-performing stock on the Dow Jones Industrial Average. Declining reimbursements for prescription drugs, competition with other retailers, as well as more sales going to online sellers like Amazon have put the retail pharmacy business in a rocky spot. Walgreens is betting that partnerships and an emphasis on tech will help it recover. That includes work with Microsoft on “health corners,” the first of which are opening this month. The 12 pilot sites will be in two Tennessee cities, Memphis and… Read More

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The CEO of Mobileye explains why self-driving cars can’t be too cautious (INTC)

Acquired by Intel in 2017, Mobileye is developing software and hardware for self-driving cars, including computer chips and maps. Mobileye CEO Amnon Shashua told Business Insider that autonomous vehicles (AVs) can’t be too cautious. If AVs take too long to get to their destinations, people won’t want to ride in them, Shashua said. To increase reliability, Mobileye is developing a self-driving system that can operate with only cameras and a system that needs only lidar and radar, then putting the two systems together. Visit Business Insider’s homepage for more stories. Since an Uber self-driving test vehicle killed a pedestrian in 2018, the autonomous-driving industry has taken a more cautious tone,… Read More

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Former Intel and Google exec Diane Bryant says Silicon Valley doesn’t have a ‘pipeline problem’ with diversity — it has a leadership problem, says a former exec at Intel and Google (INTC, GOOG)

Former Intel and Google exec Diane Bryant, who just took on her first CEO role at a startup, says that Silicon Valley is still way too closed to women and minorities. It will remain so as long as companies keep thinking this is a “pipeline” problem where they have to hire more junior people to work up the ranks. “The whole answer is to get women and minorities in leadership positions,” she says. She tells Business Insider the story of how the outnumbered female execs at Intel launched an advocacy group, and how she got to gender parity with her direct reports leading its key data center group. Click here… Read More

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Trump’s lawyers prepare to give a masterclass in disinformation during opening arguments in Saturday’s impeachment trial

President Donald Trump’s lawyers will take center stage Saturday as they begin opening arguments in his historic impeachment trial. They will argue that the two articles of impeachment against Trump — charging him with abuse of power and obstruction of Congress — are constitutionally invalid and should be tossed out. They’re expected to focus heavily on former Vice President Joe Biden and unfounded allegations of corruption against him, as well as discredited conspiracy theories about Ukrainian interference in the 2016 election. Scroll down to follow Insider’s live coverage of the blockbuster event. Visit Business Insider’s homepage for more stories. President Donald Trump’s lawyers will take center stage Saturday as they… Read More

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Leaked McDonald’s marketing bible reveals how seriously the fast-food giant takes its reputation and why you’ll never see Ronald in a strip club

McDonald’s has many marketing rules, including specific policies on what Ronald McDonald can and cannot do, what items are “Mc” worthy, and the exact shade of The Golden Arches. Many of these rules are laid out in the “Golden Arches code.” Business Insider obtained a 2012 copy of the code. Here are seven of the most surprising rules. Visit Business Insider’s homepage for more stories. McDonald’s takes Ronald McDonald very seriously. The fast-food giant has determined Ronald McDonald has good eating habits, doesn’t smoke and “does not touch anyone in any inappropriate way.” All appearances of the mascot must be approved by the company and deemed consistent with his “core… Read More

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Working at a coffee shop saved my life. 3 years later, I bought the coffee shop — here’s how I did it.

Angela Burns is the owner of Little Bean Coffee Company in Antioch, Illinois; check out the shop on Instagram. When Burns dropped out of Purdue University for mental health reasons, she began working at Cafe Book, Little Bean Coffee Company’s former iteration. She loved working there and says it felt like home; when she returned to Purdue, she wrote an essay for Roxane Gay’s class about the healing powers of the coffee shop. After graduating, Burns worked in restaurant management jobs — until the owners of Cafe Book asked her if she would be interested in taking over the coffee shop. On May 1, 2018, Burns handed over her check… Read More

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A day in the life of 2 self-made millionaires who retired at age 31 to travel the world and have already visited more than 40 countries so far

Kristy Shen and Bryce Leung retired from their computer engineering jobs at age 31 as self-made millionaires. They’ve since traveled the world — so far, they’ve been to 40-plus countries. Shen and Leung are currently in Thailand, where they make time for wellness, passion projects, and their friends. Visit Business Insider’s homepage for more stories. Kristy Shen and Bryce Leung know how to budget. Not only did they save enough money to quit their jobs at age 31 as self-made millionaires, they’ve been traveling the world ever since for the same amount of money it cost them to live at home. Shen told Business Insider they’ve traveled to 40-plus countries… Read More

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Long-time blogger and influencer ‘Carly the Prepster’ shares how she turned a creative side project into a full-time job — and made $20,000 in her first month of self-employment

Successful full-time influencer Carly Heitlinger quit her job at a tech startup in 2013 after she doubled her monthly salary with income from her blog. Heitlinger is a lifestyle influencer; she shares fashion, beauty, home, and travel inspiration on her blog and social media. Today, she has a manager who helps negotiate her contracts, which range from $7,500 to $20,000 on average. She spoke with Business Insider about the structure of her business, how she makes money, and what advice she’d give to someone interested in pursuing a similar career path. Click here for more BI Prime stories. There are more than half a million influencers on Instagram alone, reported… Read More

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How entrepreneurs who are freaking out over their cash flow can use Kabbage, a startup that’s raised $2.5 billion and is lending struggling companies up to $250,000

As financial and tech companies race to expand their small business credit products, one SoftBank-backed fintech CEO is actively looking for ways to issue customers less money. Rob Frohwein and his cofounders started Kabbage in 2009 to offer automated, fast lines of credit of up to $250,000 for small businesses struggling to get financing from traditional banks. Frohwein told Business Insider he sees small businesses “borrow too much, they borrow too soon, and they hold on to it for too long.” Over a decade of data now enables Kabbage to not just model how individual borrowers have performed, but also to better forecast their specific needs for cash. Visit BI… Read More

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