Business Highlights: Job gains remain resilient in August; Walgreens CEO exits

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Business Highlights: A summary of the day’s top stories in the business world.

NEW YORK — The CEO of Walgreens Boots is stepping down after less than three years at the helm of the drug store chain. Walgreens Boots Alliance confirmed Rosalind Brewer’s exit Friday. According to the Illinois company, the board of directors and Brewer “mutually agreed” to her resignation effective Thursday. According to the Illinois-based company, the board of directors and Brewer “mutually agreed” to her resignation.

NEW YORK — Labor Day is right around the corner. And while many may associate the holiday with major retail sales and end-of summer barbecues, Labor Day’s roots in worker-driven organizing feel especially visible this year. In the U.S. and Canada, the early-September tribute to workers has been an official holiday for almost 130 years — but similarities around the world of work remain, from rapid economic transformation to stark inequalities.

NEW YORK — An association that lobbies for health care facilities says President Joe Biden’s decision to require nursing homes to comply with federal rules on staffing levels will cost them billions of dollars. The American Health Care Association calls the staffing proposal “unrealistic” and says it’ll worsen existing problems. The government says most of the 15,000 U.S. nursing homes would have to add staffers and keep a registered nurse on duty 24 hours a day.

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