Kate Leinbaugh

Last week, the private equity firm Sycamore announced it would buy Walgreens for $10 billion, a fraction of the $100 billion it was once valued at. Pacino will stay on as a shareholder. Sycamore plans to take the pharmacy chain off the stock market. In a statement, Walgreen's CEO said this will allow the company time to focus more long-term in its decision-making.

The deal is expected to close in about six months. What did Pacino get wrong about running pharmacies in America?

The deal is expected to close in about six months. What did Pacino get wrong about running pharmacies in America?

The deal is expected to close in about six months. What did Pacino get wrong about running pharmacies in America?

So is Walgreens going to fall into the bucket of Kmart's and Borders books and other failed chains?

So is Walgreens going to fall into the bucket of Kmart's and Borders books and other failed chains?

So is Walgreens going to fall into the bucket of Kmart's and Borders books and other failed chains?

Before we go, we wanted to tell you that we're thinking about hosting a live journal event. Tell us what you want to see by taking our survey. There's a link in our show notes. And for updates on our plans, please leave us your email address. That's all for today, Monday, March 10th. The Journal is a co-production of Spotify and The Wall Street Journal.

Before we go, we wanted to tell you that we're thinking about hosting a live journal event. Tell us what you want to see by taking our survey. There's a link in our show notes. And for updates on our plans, please leave us your email address. That's all for today, Monday, March 10th. The Journal is a co-production of Spotify and The Wall Street Journal.

Before we go, we wanted to tell you that we're thinking about hosting a live journal event. Tell us what you want to see by taking our survey. There's a link in our show notes. And for updates on our plans, please leave us your email address. That's all for today, Monday, March 10th. The Journal is a co-production of Spotify and The Wall Street Journal.

Additional reporting in this episode by Sharon Turlough. Thanks for listening. See you tomorrow.

Additional reporting in this episode by Sharon Turlough. Thanks for listening. See you tomorrow.

Additional reporting in this episode by Sharon Turlough. Thanks for listening. See you tomorrow.

At President Trump's first cabinet meeting on Wednesday, there was a familiar face standing up front wearing a black MAGA hat and a T-shirt that read tech support.

At President Trump's first cabinet meeting on Wednesday, there was a familiar face standing up front wearing a black MAGA hat and a T-shirt that read tech support.

At President Trump's first cabinet meeting on Wednesday, there was a familiar face standing up front wearing a black MAGA hat and a T-shirt that read tech support.

Elon Musk was there to tell the cabinet about the work that DOGE, or the so-called Department of Government Efficiency, has been doing. He said they're helping to fix out-of-date computer systems as part of his goal to reduce the national deficit.

Elon Musk was there to tell the cabinet about the work that DOGE, or the so-called Department of Government Efficiency, has been doing. He said they're helping to fix out-of-date computer systems as part of his goal to reduce the national deficit.

Elon Musk was there to tell the cabinet about the work that DOGE, or the so-called Department of Government Efficiency, has been doing. He said they're helping to fix out-of-date computer systems as part of his goal to reduce the national deficit.

Whether or not that prediction is true, DOGE is moving fast to cut spending and slash the federal government.