Rite Aid files for bankruptcy ...Middle East

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By David Goldman, CNN Business New York (CNN) — Rite Aid filed for Chapter 11 bankruptcy protection Sunday, after being embroiled in legal battles for allegedly filling unlawful opioid prescriptions. The bankruptcy was not a surprise. Rite Aid on Thursday filed a notice to the US Securities and Exchange Commission that it would be unable to file its latest quarterly financial report because it was looking at “strategic alternatives,” which is Wall Street speak for “considering bankruptcy.” In that filing, the company said it expected its losses would increase significantly in the past quarter, which is saying something, considering it lost about three quarters of a billion dollars be

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