Latest Pharmacy operators News

US judge finds for 3 drug distributors in WVa opioid lawsuit

Jul. 04, 2022 20:05 PM EDT

CHARLESTON, W.Va. (AP) — A federal judge on Monday ruled in favor of three major U.S. drug distributors in a landmark lawsuit that accused them of causing a health crisis by distributing 81 million pills over eight years in one West Virginia county ravaged by opioid addiction. The...

Walgreens earnings slide as number of vaccinations wane

Jun. 30, 2022 09:40 AM EDT

A big opioid settlement and a COVID-19 vaccine slowdown dragged on third-quarter earnings for Walgreens, but the drugstore chain still topped expectations. Net income slid to $289 million in the quarter that ended May 31, the company said Thursday. That’s down from about $1.2...

Amazon, Rite Aid cap purchase of emergency contraceptives

Jun. 29, 2022 22:51 PM EDT

NEW YORK (AP) — Amazon is limiting how many emergency contraceptives consumers can buy, joining other retailers who put in place similar caps following the Supreme Court decision overruling Roe v. Wade. Amazon's limit, which temporarily caps purchase of the contraceptives at three...

Mosaic, Bank of America fall; KB Home, Rite Aid rise

Jun. 23, 2022 16:25 PM EDT

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Thursday: KB Home, up $2.26 to $28.49. The homebuilder's second-quarter financial results beat analysts' forecasts. Worthington Industries Inc., up $3.67 to $44.08. ...

Editorial Roundup: Florida

Jun. 22, 2022 17:34 PM EDT

Palm Beach Post. June 19, 2022. Editorial: Curb teacher role in Florida effort to ban books If anyone reading this still believes teachers just teach, we’d invite them to think again. Today’s teachers hold many jobs beyond simply providing an education. The state...

Florida only state not preordering toddler COVID-19 vaccines

Jun. 16, 2022 20:13 PM EDT

MIAMI (AP) — Florida is the only state that hasn't preordered COVID-19 vaccines for toddlers in anticipation of their final approval by the federal government, and Gov. Ron DeSantis said Thursday that he won't facilitate their distribution, though he said they'll be available to those who want...

Liz Weston: How to afford your meds and support your health

Jun. 13, 2022 09:03 AM EDT

The cost of prescription drugs in the U.S. can be enough to make you sick. What you pay varies enormously depending on the drug, the pharmacy, your insurance plan and your deductible, among many other factors. A drug that may have been cheap or at least affordable the last time you...

EXPLAINER: What's behind the baby formula shortage?

May. 12, 2022 16:38 PM EDT

WASHINGTON (AP) — Many parents are hunting for infant formula because of a combination of short- and long-term problems that has hit most of the biggest U.S. brands. Millions of babies in the U.S. rely on formula, which is the only source of nutrition recommended for infants who...

Judge to decide how much pharmacies owe over opioid crisis

May. 10, 2022 15:43 PM EDT

CLEVELAND (AP) — A hearing has begun in federal court in Cleveland for a judge to determine how much CVS, Walgreens and Walmart pharmacies should pay two Ohio counties to help them ease the ongoing costs and problems caused by the opioid crisis. A jury in November found the...

Walgreens, Florida settle opioid costs lawsuit for $683M

May. 05, 2022 10:27 AM EDT

ST. PETERSBURG, Fla. (AP) — The Walgreens pharmacy chain has reached a $683 million settlement with the state of Florida in a lawsuit accusing the company of improperly dispensing millions of painkillers that contributed to the opioid crisis, state officials said Thursday. State...