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Gap to close 175 stores, cut jobs at headquarters
Apparel retailer Gap Inc (GPS.N) said it would close a quarter of Gap specialty stores in North America over the next few years, including 140 this year, potentially affecting thousands of jobs as the company struggles with a slump in sales at its namesake brand.
CVS Health to buy Target's pharmacy business for $1.9 billion
Drugstore operator CVS Health Corp (CVS.N) will buy Target Corp's (TGT.N) pharmacies and clinics in a $1.9 billion deal that should help it bargain with drug makers for lower prices, while freeing Target from a costly business where it struggled to make a profit.
Greek angst weighs on Wall Street; health stocks rise
Stocks fell on Wall Street on Monday as investors fretted over the consequences of a possible debt default by Greece, but talk of multi-billion dollar healthcare deals buoyed shares in the sector, cutting into the market's loss.
The New iPhone possibly arriving in September: Alloy-coated handset rumored to have 2 models and a 21MP main camera
The next iPhone model is said to be making its debut on September 25. Apple is said to be making two models and comes with a 21MP camera




