United States
Stalemate resolved ▪ Walmart and CVS Health have settled their spat over the cost of prescriptions. The agreement will see the discounter remain with CVS’s prescription network for customers who have health insurance and Medicaid.
Big bidding ▪ Rumours are rife that Nutella’s Ferrero, Hostess Brands and B&G Foods have made first-round bids on Kellogg’s Keebler, Famous Amos cookies and fruit snack businesses. The alleged deal could value the brands at more than USD 1.5 billion.
Youth market ▪ Amazon has unveiled a new app that allows teenagers between 13-17 to buy online. “Amazon for Teens” will give minors their own personal accounts, but will link them to their parents’ profiles who have ultimate approval over purchases.
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