Walmart To Launch New Subscription Program Walmart+ In July: Report

Gaza: Amputee children play football again as virus curbs eased

Child amputees return to the sport they love as coronavirus restrictions are lifted in Gaza.

It is not just a professional sport that is making a tentative return to action after the coronavirus break.

Child amputees in Gaza are taking to the football ground once again.

Al Jazeera’s Joanna Gasiorowska reports.

Libya: Turkish troops help clear landmines in Tripoli

Turkish troops in Libya help clear landmines left by forces loyal to renegade military commander Khalifa Haftar.

Dozens of returning homeowners in Tripoli have been killed or maimed by landmines, left behind by forces loyal to renegade military commander Khalifa Haftar after he failed to capture the city.

Turkish troops are now helping their Libyan allies to clear the mines planted in houses around the capital.

Al Jazeera’s Malik Traina reports.

GoHealth plans to raise $790 million in U.S. IPO

(Reuters) – Online health insurance marketplace GoHealth Inc said on Wednesday it plans to raise up to $790 million in its initial public offering at a valuation of about $6.26 billion.

Supreme Court rules in favor of Little Sisters of the Poor in ObamaCare contraception case

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The Supreme Court ruled Wednesday that the Trump administration acted within its authority when it expanded exemptions to the Affordable Care Act’s requirement for employers to provide insurance coverage that includes contraception.

The cases are Little Sisters of the Poor Saints Peter and Paul Home v. Pennsylvania (19-431);  Trump v. Pennsylvania (19-454).

The administration had made it easier for some for-profit companies and religious-affiliated groups — including universities, hospitals, and charities — to opt out of providing contraception coverage to employees. Lower court rulings had gone against the administration, with a nationwide injunction putting the exemptions on hold.

This story is developing. Check back for updates. 

Trump Says He Disagrees With CDC’s School Reopening Guidelines

President Donald Trump said Wednesday he disagrees with guidelines for reopening schools that were released by the U.S. Centers for Disease Control and Prevention, saying the rules are too onerous and impractical.

VillageMD To Open Clinics In 500-700 Walgreens Stores

Walgreens Boots Alliance said Wednesday VillageMD will open its clinics in about 500 to 700 Walgreens stores in more than 30 U.S. markets over the next five years.

As per terms of the deal, Walgreens will invest $1 billion in equity and convertible debt in VillageMD over the next three years, including a $250 million equity investment to be completed today.

VillageMD will use 80 percent of the investment to fund the opening of the clinics and build the partnership, including integration with Walgreens digital assets.

The clinics will be staffed by over 3,600 primary care providers, to be recruited by VillageMD. Most of the clinics will be approximately 3,300 square feet each, with some as large as 9,000 square feet.

Walgreens said it will hold an about 30 percent ownership interest in VillageMD at the completion of the investment.

The clinics will accept a wide range of health insurance options, and offer comprehensive primary care across a broad range of physician services. In addition, around the clock care will be available via telehealth and at-home visit.

Stock Alert: Valvoline Adds 8% On Higher Sales

Shares of premium branded lubricants and automotive services provider, Valvoline Inc. (VVV) are rising more than 8% Wednesday morning after the company announced that its sales in June increased sequentially across all segments.

Preliminary sales in the month increased 33% over the previous month and Lubricant volume increased 32% as compared to last month, Valvoline said.

“While we continue to closely monitor recent COVID-19 trends, I remain encouraged about the outlook for the balance of the fiscal year given the same-store sales performance in June and the planned increase in marketing spending beginning in July,” said Sam Mitchell, CEO.

Valvoline stock is currently trading at $20.56, close to its 52-week high of $23.90.

Walmart To Launch New Subscription Program Walmart+ In July: Report

Walmart is planning to launch a new subscription program, Walmart+, in late July, according to a report by Recode.

The new membership program, which is likely to be direct competitor to Amazon Prime, will cost $98 per year.

Walmart+ is expected to include fuel discounts at Walmart gas stations, unlimited same-day delivery of groceries and general merchandise from Walmart Supercenters, and early access to product deals.

The members may also get a Scan & Go service that would allow shoppers to check out in Walmart stores without waiting in line.

As per the report, Walmart also plans to add video entertainment components to the program. The company is launching this week an online family entertainment program called CAMP by Walmart.

The retailer had originally planned to launch the Walmart+ in late March or April, but was delayed due to Covid-19 pandemic.

Amazon Prime membership program, which was launched in 2005, currently has more than 150 million members globally. In the U.S., Amazon Prime membership charged $119 annually, or $12.99 a month.

At present, Amazon, the largest online retailer, is valued at $1.5 trillion, significantly benefited by Prime, while Walmart, the largest brick-and-mortar retailer, is valued at $337 billion.