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37°
Tuesday, dec 24
Tag:
Opioid Abuse
Business
Rite Aid Files For Bankruptcy Amid Drop In Sales, Opioid Lawsuits
One of the country’s largest pharmacy chains has just filed for bankruptcy. The move by Rite Aid comes amid declining sales and a rise in debt, which hit $3.3 billion, according to midyear filings. The company said in an announcement on Sunday, Oct. 15 that in connection with the filing, it has received a commitment for $3.45 billion in new financing from some of its lenders. "This financing is expected to provide sufficient liquidity to support the company throughout this process," Rite Aid said. Rite Aid is one of a number of drugstore chains facing litigation related to the…
Police & Fire
Police Warn Of Opioid Use After Eight Overdoses With Five Deaths In Past Week In Norwalk
With multiple overdoses in the past week that have resulted in five deaths, Norwalk Police are reminding the public about the dangers of opioid abuse. According to Norwalk Police, since Wednesday, August 28, the department responded to eight overdose emergencies, including the five fatalities, said Norwalk Police Lt. Terrence Blake. Norwalk detectives are investigating these incidents, but at the same time, Blake said they wanted to remind users of the dangers of opioids. "Opioid overdose is often characterized by a decrease in breathing rate which if not quickly addre…