Walgreens will slash its quarterly dividend by nearly half. Crain’s health care reporter Katherine Davis joins host Amy Guth to discuss the pharmacy chain's latest cost-cutting measure.

Plus: In cop discipline fight, arbitrator again sides with police union — and blasts City Hall along the way; hospitals face more credit rating downgrades ahead, Fitch says; historic UAW pay gains gave a lift to national wage data in December; and voters file to remove Trump from the Illinois ballot.

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