Business

Business

100-year-old San Francisco pharmacy closes as owner retires

In 2023, about one independent pharmacy closed every day, and similar numbers are expected for this year according to the National Community Pharmacists Association. A family-owned pharmacy that has been the cornerstone of a San Francisco community for more than 100 years is closing up shop on Tuesday.  Jerry Tonelli, …

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“Formal process” underway to name Fed Chair successor, Bessent says

President Donald Trump said Federal Reserve Chairman Jerome Powell should resign “immediately.” Treasury Secretary Scott Bessent said Tuesday that the administration has begun a “formal process” to name Federal Reserve Chairman Jerome Powell’s successor. “There are a lot of great candidates, and we’ll see how rapidly it progresses,” Bessent said …

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