The Street
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TheStreet’s Sara Silverstein brings you the biggest news of the day including how the markets fared and why hundreds of Walgreens pharmacies are closing.

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Transcript
00:00 I'm Sarah Silverstein reporting from the New York Stock Exchange.
00:03 Stocks were in the green to close out today's session.
00:05 The Dow closed nearly 200 points higher.
00:07 NASDAQ closed up just under four-tenths of a percent, and the S&P closed up six-tenths
00:12 of a percent.
00:13 These gains come despite the fact that Wall Street is continuing to react to the ongoing
00:17 Israeli-Palestinian conflict.
00:19 The tensions in the Middle East have caused oil prices to rise pretty significantly, but
00:23 analysts believe the surge is only temporary.
00:26 Meanwhile, Walgreens is the latest company to have frustrated workers hit the picket
00:30 lines.
00:31 In what some are referring to as "Pharmageddon," pharmacists and other employees are walking
00:35 off the job.
00:37 The strikes are planned for October 9th through October 11th, and employees from 500 stores
00:41 have pledged to walk out.
00:43 Walgreens has 9,000 stores nationwide.
00:46 Pharmacists for the company say they are overworked, understaffed, and receive unrealistic expectations
00:51 from corporate management.
00:52 They added that the company often focuses on profit over patient safety.
00:57 Unlike United Auto Workers or Kaiser Permanente, Walgreens employees are not represented by
01:01 a union, so any walkout is being planned by word of mouth or on social media.
01:06 In response to the planned strikes, Walgreens said, "We are committed to ensuring that our
01:10 entire pharmacy team has the support and resources necessary to continue to provide the best
01:16 care to our patients while taking care of their own well-being."
01:19 That'll do it for your daily briefing.
01:21 From the New York Stock Exchange, I'm Sarah Silverstein with The Street.
01:24 you
01:24 [BLANK_AUDIO]

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