Latest Pharmacy operators News

Drug company attorneys seek to disqualify federal judge

Sep. 14, 2019 4:27 PM EDT

CLEVELAND (AP) — Attorneys for eight drug distributors, pharmacies and retailers facing trial next month for their roles in the opioid crisis want to disqualify the federal judge overseeing their cases, saying he has shown bias in his effort to obtain a multibillion-dollar global settlement. According to...

Tennessee appeals court says opioid producers can be sued

Sep. 12, 2019 4:25 PM EDT

KNOXVILLE, Tenn. (AP) — The Tennessee Court of Appeals has ruled that a lawsuit against opioid makers can move forward, overturning a lower court that had dismissed the claims. At issue is whether Tennessee's Drug Dealer Liability Act applies to U.S. Food and Drug Administration-approved manufacturers or...

Fred's Inc. files for bankruptcy, closing retail stores

Sep. 9, 2019 12:00 PM EDT

MEMPHIS, Tenn. (AP) — Discount retail and pharmacy chain Fred's Inc. is filing for bankruptcy and closing its stores over the next two months. The Memphis, Tennessee-based company said in a statement Monday that it has filed for chapter 11 bankruptcy and has begun liquidation sales at all of its retail...

Editorials from around New England

Sep. 6, 2019 12:22 PM EDT

Editorials from around New England: CONNECTICUT Layoff notice law in need of an upgrade The Connecticut Post Sept. 5 When a trio of Friendly's restaurants vanished from the Connecticut landscape in the spring, it was easier to notice than when most companies vanish or downsize. Chances are, you hadn't been to...

Pharmacy to close in Litchfield town center

Aug. 25, 2019 4:08 PM EDT

LITCHFIELD, Conn. (AP) — A small-town pharmacy that has operated for 68 years in Litchfield is closing its doors this week. The owners of Murphy's Pharmacy say the low reimbursement rate by customers' insurance companies and competition from chains are too much to overcome for the family-owned business in...

Grower: 5,000 in Louisiana medical marijuana program so far

Aug. 19, 2019 2:39 PM EDT

BATON ROUGE, La. (AP) — Two weeks after Louisiana patients began receiving medical marijuana, the program is humming along without supply disruption and with thousands of people receiving the drug for medical use, regulatory officials and the head of one growing operation said Monday. John Davis, president...

Amgen and Sysco rise while Viacom and Bank of America fall

Aug. 12, 2019 4:38 PM EDT

Stocks that moved substantially or traded heavily on Monday: Amgen Inc., up $9.53 to $205.78 The biotechnology company said a U.S. district court ruled in its favor in a patent dispute involving the arthritis drug Enbrel. Sysco Corp., up $2.20 to $72.19 The food distributor reported a fourth quarter profit that...

Why many employees feel devalued even in booming job market

Aug. 12, 2019 10:50 AM EDT

PROVIDENCE, R.I. (AP) — For more than two decades, Ken White worked at a credit card processor. It was a good job, but it fell victim to the Great Recession. Today, at 56, White does similar work managing technology projects for a regional bank. And yet everything feels different. He is a contractor for a...

Rite Aid picks former insurance executive as new CEO

Aug. 12, 2019 9:44 AM EDT

Rite Aid has chosen a former insurance executive to replace long-time CEO John Standley to try to right the struggling drugstore chain. The company said Monday that Heyward Donigan will take over immediately for Standley, who's been CEO since 2010. The 58-year-old Donigan is a former executive with Premera Blue...

Documents: UNC system president didn't report board seats

Aug. 7, 2019 5:19 PM EDT

RALEIGH, N.C. (AP) — The interim president of North Carolina's public university system didn't disclose on required annual public statements that he was also paid by major corporations doing business with the state, but a top university leader said Wednesday he knew about the arrangements. William Roper...