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Three Florida men have been charged with making $22 million through illegal insider trading before the public announcement that an acquisition firm was going to take former President Donald Trump's media company public NEW YORK -- Three Florida men were charge d Thursday with making more than $22 million through illegal insider trading before the public announcement that an acquisition firm was going to take former President Donald Trump's media company public . The charges were outlined in an indictment unsealed in New York that did not in any way implicate Trump or Trump Media & Technology Group, which owns his Truth Social platform. The charges make it less likely that Trump Media will be able to pocket the $1.3 billion promised upon completion of a merger with the acquisition firm. The merger is pending the approval of securities regulators. According to the indictment, the men were invited to invest in the special purpose acquisition company, Digital World Acquis...

A huge opioid settlement dragged Walgreens to a $3.7 billion loss in its fiscal first quarter, but the drugstore chain still beat Wall Street forecasts A huge opioid settlement dragged Walgreens to a $3.7 billion loss in its fiscal first quarter, but the drugstore chain still beat Wall Street forecasts. The company also reaffirmed its earnings forecast for the new year. Walgreens said Thursday that it recorded a $5.2 billion, after-tax charge in the quarter that ended Nov. 30 for opioid-related litigation. Walgreens and rival CVS Health Corp. finalized last month a settlement with state and local governments to resolve lawsuits related to opioid abuse. Opioids have been linked to more than 500,000 deaths in the U.S. in the past two decades. Drugstores were subject to claims that they should have realized they were filling too many opioid prescriptions. Not counting that charge, Walgreens adjusted earnings totaled $1.16 per share in the quarter. Sales slipped less than 2% to $33.4 bil...

Russia’s top military officer has been put in charge of troops fighting in Ukraine on Wednesday MOSCOW -- Russia’s top military officer was put in charge of troops fighting in Ukraine on Wednesday, a move that appears to reflect the Kremlin’s dissatisfaction with the current leadership and flaws in the military's performance. Russia’s Defense Ministry said that Gen. Valery Gerasimov, the chief of the General Staff of the Russian armed forces, was named the new commander of the unified group of forces in Ukraine. The previous commander, Gen. Sergei Surovikin, was demoted to become Gerasimov’s deputy along with two other generals. The reshuffle, which was formally ordered by Defense Minister Sergei Shoigu, clearly came on Russian President Vladimir Putin's approval, signaling that he still has trust in his top military leaders who have faced broad criticism for the troops' performance in the conflict. It also suggests a recognition of flaws in carrying out what Putin called...