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Novartis CEO to Step Down In January

Novartis said its Chief Executive Joe Jimenez is to step down in January after leading the company through a tumultuous eight years marked by big patent expiries and intensifying scrutiny on drug pricing in the U.S.

Kroger Seeks to Repel Amazon’s Grocery Onslaught

Kroger is slashing prices on staples, adding online ordering options and meal kits in some stores, and investing in technology to better market to consumers in an effort to withstand Amazon’s rapid advance in the grocery business.