#CVS News

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CVS and Walmart cut pharmacy hours, close some locations earlier, citing pharmacist shortage

abc7.com An apparent shortage of pharmacists is forcing CVS and Walmart to reduce the hours of its pharmacies, as they close earlier in thousands of locations. Beginning in March,…

The Truth About Amazon’s Really Cheap Generic Drugs

slate.com Earlier this week, Amazon launched RxPass, a prescription drug service that costs Prime members $5 a month for as many eligible generic medications as they need. The…

California to receive $470 million from CVS in opioid settlement

latimes.com California is expected to receive about $470 million from a multistate settlement with CVS over allegations that the pharmacy chain contributed to the country’s opioid…

Pharmacies CVS, Walmart and Walgreens to reduce hours as staffing challenges persist

cbsnews.com CVS and Walmart are reducing their pharmacy operating hours across the U.S. to improve employees' work-life balance as the chains continue to struggle with staffing…

Most CVS pharmacies cutting hours of operation this spring

wcvb.com ROUGHLY TWO THIRDS OF CVS PHARMACIES WILL CUT OR ADJUST HOURS BEGINNING IN MARCH. >> I DON’T THINK IT’S SAFE TO DO THAT, IT’S NECESSARY. >> PHARMACIST SAY THEY ARE…

CVS and Walmart cut pharmacy hours, close some locations earlier, citing staffing shortage

cnn.com An apparent shortage of pharmacists is forcing CVS and Walmart to reduce the hours of its pharmacies, as they close earlier in thousands of locations. Beginning in March,…

Walmart, CVS Health adjust pharmacy hours amid labor crunch

cnbc.com A woman shops in the pharmacy area of a Walmart store in Mount Prospect, Illinois. Walmart Inc said on Friday it would adjust working hours for its U.S. pharmacy team and…

Friday links: noticing anomalies

abnormalreturns.com Strategy The investment landscape has completely transformed in the past century. (awealthofcommonsense.com) 2022 shows that every portfolio strategy comes under pressure.…

Shuttered San Jose drug store site lands a local real estate buyer

siliconvalley.com SAN JOSE — A shuttered drug store site that’s one of the anchors of a San Jose retail center has been bought by a local real estate investment group. The just-bought retail…

CVS, Walmart cut pharmacy hours as pharmacist shortage persists

foxbusiness.com CVS and Walmart are cutting pharmacy hours as both companies contend with an ongoing pharmacist shortage, according to a recent report. CVS in March plans to cut or shift…

Who's to blame for the opioid crisis?

cnn.com The $650 million judgment against pharmacy chains Walmart, CVS, and Walgreens is just one piece of the huge infrastructure finally being held accountable for America's…

New York Attorney General Letitia James secures $523 million from Teva Pharmaceuticals for role in opioid crisis

cnn.com The New York Attorney General’s office announced it has secured $523 million from Teva Pharmaceuticals and affiliates for its role in the opioid crisis, effectively marking…

Walmart will now close most pharmacies at 7 p.m. because it can't find enough staff, while CVS is cutting or shifting hours at most locations

businessinsider.com Walmart is among the retail chains cutting pharmacy hours due a shortage of pharmacists, the Wall Street Journal reported Friday. AP Photo/Sarah Bentham CVS and Walmart are…

CVS, Walmart to Cut Pharmacy Hours as Staffing Squeeze Continues - WSJ

wsj.com CVS says most of its reduced hours will be when there is low patient demand or when a store has only one pharmacist on site. CVS Health Corp. and Walmart Inc. are cutting…

How disability-inclusive underwear brand Slick Chicks approached its first campaign

adage.com Slick Chicks has framed itself as being for everyone, rather than specifically for disabled people. “We are all always moving in and out of states of disability,” said…

Amazon adds generic prescription perk for Prime members

cnbc.com The Amazon Pharmacy home screen on a laptop computer arranged in the Brooklyn Borough of New York, U.S., on Tuesday, Nov. 17, 2020. Amazon on Tuesday announced a new…

Abbott's baby formula crisis: A timeline of what led to a DOJ investigation

foxbusiness.com Abbott Laboratories, whose baby formula plant in Michigan was shut down last year due to contamination issues, is being investigated by the Justice Department. The probe…

3 Strong Buy Stocks With Major Upside Potential in 2023

entrepreneur.com Despite mass layoffs, the U.S. economy looks resilient enough to avoid a recession. Moreover, consumer sentiment remains pretty robust. Therefore, investors could consider…

Should You Buy CVS Stock At $90?

forbes.com CVS Health stock (NYSE: CVS) saw a 15% fall in the last twelve months, in line with the broader S&P500 index, which was down 13%. However, in the longer term, CVS stock,…

Top Wall Street analysts pick these stocks to climb 2023’s wall of worry

cnbc.com Coming off a week that was packed with corporate earnings and economic updates, it is still difficult to determine whether a recession can be avoided this year. Investing in…

Abbott Under Federal Investigation Over Baby Formula

forbes.com The Department of Justice opened a criminal investigation on Friday into an Abbott Laboratories plant in Michigan over unsanitary workplace conditions in its production of…

Businesses innovating anti-theft measures as shoplifting, organized crime surge

nypost.com Retail thefts have ballooned in the last few years, creating a multibillion-dollar problem for retailers and forcing companies to take drastic action to protect from lost…

At buzzy health care business conference, investors fear the bubble will burst

npr.org At buzzy health care business conference, investors fear the bubble will burst SAN FRANCISCO — Health care's business class returned to its San Francisco sanctuary last week…

Businesses take drastic action to protect against rampant shoplifting, organized crime thefts

foxbusiness.com Retail thefts have ballooned in the last few years, creating a multi-billion problem for retailers and forcing companies to take drastic action to protect from lost profits.…

Why don’t cashiers in the U.S. get to sit like the ones in Europe?

fastcompany.com Meanwhile, Chris Tilly, a professor of urban planning at UCLA, noticed the same was true of the reverse. Showing photo slides of seated European cashiers to an American…

Walgreens to pay $83M to state in opioid settlement

foxbusiness.com Walgreens has become the latest major pharmacy to settle a lawsuit brought by the state of West Virginia over claims that the company contributed to the opioid crisis in the…

BlackRock — the world’s largest asset manager — says central banks are 'deliberately' causing recessions and warns of a downturn unlike any other. 3…

yahoo.com Many experts have already sounded the alarm on the U.S. economy. But you still want to pay attention to what BlackRock — the world’s largest asset manager — has to say for a…

Couple privilege: The wealth gap between married and single Americans has more than doubled in the last decade — how do you get ahead when you're at a…

yahoo.com Couple privilege: The wealth gap between married and single Americans has more than doubled in the last decade — how do you get ahead when you're at a 'notable…

Looking for Fast-Growing Stocks? Check out These 3 Names

entrepreneur.com With inflation cooling, the Fed is expected to slow down its rate hike aggression this year. Moreover, consumer sentiment has been improving. So, this could be the right…

These health care stocks are expected to rally at least 20% this year

cnbc.com Health care stocks were able to outperform the broader market in 2022. And some could rally some more this year. The Health Care Select Sector SPDR ETF dipped 3.6% in 2022,…

Walgreens removes purchase limits on children's fever-reducing medications

foxbusiness.com Walgreens Boots Alliance announced on Monday that it removed the online purchase limits it had put in place for over-the-counter children's fever-reducing products, saying…

MLK Day 2023: What's open and closed?

fortune.com The new year might just be a couple weeks old, but holy cow have they been busy ones. Good news: There are decent odds you’ve got a bit of a reprieve today. Today marks the…

Drugmakers and distributors across the US could pay $46 billion in opioid settlements | Semafor

semafor.com CVS Health and Walgreens said in separate releases on Wednesday that they had agreed "in principle" to pay almost $10 billion combined to states, counties, and Native…

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