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American Express Serve adds Dollar General, Rite Aid as card reload providers

BY David Salazar

NEW YORK — American Express Serve announced this week that it and Rite Aid and Dollar General had joined forces to allow American Express Serve account holders to add money to their cards at the retailers’ locations around the country. The two companies join CVS/pharmacy, Family Dollar, Family Dollar, Walmart and 7-Eleven as places where customers can do a Free Cash Reload of their cards. 
 
“We are thrilled to add Dollar General and Rite Aid to our Free Cash Reload network, giving Account holders even more places to add cash at convenient locations in their communities,” American Express’ enterprise growth chief commercial officer Stefan Happ said. “We know our account holders frequently add cash to their Accounts in order to pay bills and shop online, and we’re pleased to give them easier access to more free cash loading locations where they’re already shopping for everyday items.”
 
The money a customer adds to their card at the register can be used immediately, and they can use it to make purchases, pay bills or transfer money to friends with Serve accounts. 
 
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AP: Senate report finds Gilead focused on profits with Sovaldi, Harvoni pricing

BY DSN STAFF

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CVS, Merlo top Institutional Investor’s exec team rankings

BY David Salazar

NEW YORK — Institutional Investor recently released its annual ranking of the corporate leaders as seen from investment professionals — the 2016 All-America Executive Team. Near the top of the list was CVS Health and its CEO Larry Merlo. 
 
The outlet gives an overview of CVS Health’s performance in its category, citing the company’s decision to stop selling tobacco products, its interest in acquisitions — especially in the case of its $12.7 billion takeover of Omnicare and the pending acquisition of all of Target’s pharmacy operations. 
 
To see more from the rankings, which includes UnitedHealth Group, Deere & Co. and Discover Financial services, click here
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