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Stock news
Yahoo Finance Live's Julie Hyman breaks down several leading national headlines.
CVS Health's (CVS) time-delay safes reduce theft and diversion of opioid medications and boost the security of stores, creating a safe environment for patients and staff.
By Dhirendra Tripathi
(Bloomberg) -- A Cleveland jury concluded Walmart Inc., CVS Health Corp. and Walgreens Boots Alliance Inc. helped create a public-health crisis by failing to properly monitor opioid prescriptions, the drug industry’s latest loss in the expanding litigation over the painkillers.Most Read from BloombergBillionaire Family Feud Puts a Century-Old Business Empire in JeopardyAsia’s Richest Man Looks to Walton Family Playbook on SuccessionThe 24-Year-Old Aiming to Dethrone Victoria’s SecretThe Winners
A jury in Cleveland found CVS, Walgreens ,and Walmart liable for over-distributing painkillers that caused needless deaths over the years.
Stocks of drugmakers and pharmacies facing litigation over the opioid crisis were stable after two Ohio counties successfully sued CVS Health, Walgreens, and Walmart in U.S. District Court. The companies are expected to appeal.
A federal jury on Tuesday found that pharmacy chain operators CVS Health Corp, Walgreens Boots Alliance Inc and Walmart Inc helped fuel an opioid epidemic in two Ohio counties, in the first trial the companies have faced over the U.S. drug crisis. Jurors in Cleveland federal court after six days of deliberations concluded that actions by the pharmacy chains helped create a public nuisance that resulted in an oversupply of addictive pain pills and the diversion of those opioids to the black mark...
A federal jury on Tuesday found that pharmacy chain operators CVS Health Corp, Walgreens Boots Alliance Inc and Walmart Inc helped fuel an opioid epidemic in two Ohio counties, in the first trial the companies have faced over the U.S. drug crisis. Jurors in Cleveland federal court concluded that actions by the pharmacy chains helped create a public nuisance that resulted in an oversupply of addictive pain pills and the diversion of those opioids to the black market. It is up to U.S. District J...
As part of an ongoing commitment to helping build healthier and safer communities, CVS Health (NYSE: CVS) today announced the completed installation of time delay safe technology in all 851 CVS Pharmacy locations, including those in Target stores, across Texas. The company implemented the new safes initially in September at all 223 CVS Pharmacy locations in Houston.