Monday, January 30, 2023

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Walgreens push into comprehensive care picks up momentum 

NEW YORK – Walgreens extended its push into more comprehensive health care with its VillageMD unit acquiring another urgent and primary care chain, Summit...
UPS COMPLETED drone deliveries to two customers’ homes from a CVS Health Corp. pharmacy in Cary, North Carolina last week, expanding its service beyond hospital campuses. / BLOOMBERG NEWS FILE PHOTO/CHRISTOPHER LEE

UPS debuts home delivery of CVS medicine by drone

DALLAS – United Parcel Service Inc. has expanded its revenue-generating drone flights beyond hospital campuses, delivering prescription medicines to two customers’ homes from a...

Walgreens joins CVS in asking shoppers to leave guns at door

NEW YORK – Drugstore chain Walgreens Boots Alliance Inc. asked gun owners to leave their firearms outside the store going forward, joining a number...
A FEDERAL JUDGE has decided makers and distributors of opioid painkillers must face lawsuits claiming they banded together to wrongfully push sales of the addictive pills ahead of the first federal trial on the matter expected to take place next month. / BLOOMBERG NEWS FILE PHOTO/DHIRAJ SINGH

Big pharma ordered to face cities’ opioid-conspiracy claims

WILMINGTON, Del.  – Johnson & Johnson, Cardinal Health Inc. and other makers and distributors of opioid painkillers must face lawsuits claiming they banded together...
CVS HEALTH CORP. reported a $1.9 billion profit in the second quarter, exceeding expectations. / BLOOMBERG NEWS FILE PHOTO/CHRISTOPHER LEE

CVS posts $1.9B profit in Q2 with Aetna profit boost

WOONSOCKET – CVS Health Corp. reported net income of $1.9 billion, or $1.49 per diluted share, in the second quarter, a turnaround from a...
WALGREENS HAS UNVEILED a cost-cutting plan to save $1 billion a year within three years. / BLOOMBERG NEWS FILE PHOTO/AKASHA RABUT

Walgreens to cut costs sharply as drugstore faces challenges

NEW YORK - Walgreens Boots Alliance Inc. shares declined Thursday after mediocre quarterly results and a new cost-cutting plan that raised concerns about how the...
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