Latest Pharmacy operators News
Judge rejects pharmacy chains' bid to toss opioid suits
CLEVELAND (AP) — Lawsuits filed by two Ohio counties against retail pharmacy chains claiming their opioid dispensing practices flooded communities with pain pills and were a a public nuisance can continue, a federal judge in Cleveland has determined. U.S. District Judge Dan Polster rejected the pharmacy...
State spent millions on arena hospital that saw 9 patients
SACRAMENTO, Calif. (AP) — Doctors arrived at an arena-turned-medical center in Sacramento in mid-April and were told to prepare for 30 to 60 coronavirus patients to arrive within days. They spent the weekend working feverishly to get ready. State officials envisioned the cavernous Sleep Train Arena and an...
CVS posts strong 2Q, with virus delaying elective procedures
CVS Health reported surprisingly strong second-quarter earnings as people postponed elective medical procedures during the COVID-19 pandemic, and it raised its profit expectations for the year. The postponed procedures led to lower benefit costs for the company's Aetna insurance arm, a main reason net income...
This Week: Walt Disney, CVS, Uber results
A look at some of the key business events and economic indicators upcoming this week: Losing its magic? Disney is expected to have slumped to a loss in its fiscal third quarter. Analysts forecast the Magic Kingdom operator and owner of the ABC and ESPN networks lost 61 cents a share in the April to June period,...
Walgreens lost $1.7B in 3Q as global pandemic tightened grip
The coronavirus pandemic pushed Walgreens to a $1.7 billion loss it the most recent quarter with customers staying home or limiting shopping to essential supplies from grocery stores. The drugstore chain said Thursday that the rapidly spreading virus took a bite of between $700 million and $750 million from...
Walgreens CEO Pessina to step down, become executive chair
Walgreens' Stefano Pessina will step down as CEO and become executive chairman once the drugstore chain finds a replacement for him. The current executive chairman, former McDonald’s CEO Jim Skinner, will remain on the board after Pessina takes over. The company announced no time frame Monday in finding...
Nebraska got lethal injection drugs from Omaha-area pharmacy
LINCOLN, Neb. (AP) — The owner of a pharmacy that provided drugs to Nebraska for use in a 2018 execution expressed remorse Thursday for making the sale, but acknowledged that he knew prison officials wanted them for a lethal injection. Public records released late Thursday revealed that Community Pharmacy...
'A hot mess': Americans face testing delays as virus surges
AUSTIN, Texas (AP) — With a cough and shortness of breath, it took Austin, Texas, resident Sam Lee three tries to get a COVID-19 test. The first time, he showed up an hour before the public testing site was set to close and was told they had reached capacity. He was turned away from a second center when...
Walgreens dives into primary care with clinic expansion
Walgreens will squeeze primary care clinics into as many as 700 of its U.S. stores over the next few years in a major expansion of the care it offers customers. The drugstore chain said Wednesday that it will partner with VillageMD to set up doctor-led clinics that also use nurses, social workers and therapists...
Latino, Black neighborhoods struggle with test disparities
PHOENIX (AP) — A Latino cook whose co-worker got COVID-19 waited in his truck for a free swab at a rare testing event in a low-income neighborhood in Phoenix. A Hispanic tile installer queued up after two weeks of self-isolation while his father battled the coronavirus in intensive care. He didn't know his...
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