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Sunday, dec 15
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Sunday, dec 15
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CVS Health
Business
Healthcare Companies Boost Executive Security After CEO's Manhattan Slaying
Healthcare companies are intensifying security measures for their executives following the targeted fatal shooting of UnitedHealthcare CEO Brian Thompson in midtown Manhattan this week. The incident prompted security officials at major companies to hold a conference call on Wednesday, Dec. 4, the day of the shooting, to assess risks for their senior leadership teams, according to the Financial Times. “Could this happen to us? What are we not doing today that we could be doing?" Dave Komendat, founder of a risk management service told the outlet. "These were the questions chief sec…
Business
Walgreens To Close 1,200 Stores
Walgreens plans to close about 1,200 stores over three years amid a decline in prescription drug payments and a rise in online competition. About 500 closures will come in 2025, the company announced in a statement released Tuesday morning, Oct. 15. Specific sites for store closures were not announced. Walgreens said its operating loss in fiscal 2024 was $14.1 billion, an increase of 104.5 percent compared to the year-ago period. Retail sales decreased 3.5 percent compared with the year-ago quarter, "reflecting a challenging retail environment and continued channel shift," Walgreens s…
Business
Massive Eye Drop Recall Expands: 3 Products Added As List Hits 29; Here's New Rundown
Three new products have been added to a recall of more than two dozen over-the-counter eye drops because of the risk of eye infections that may lead to vision loss or blindness. The now 29 products are from these brands: CVS Health, Leader (Cardinal Health), Rugby (Cardinal Health), Rite Aid, Target Up&Up, and Velocity Pharma. The alert comes after FDA investigators found bacterial contamination in critical drug production areas of a manufacturing facility. The list the US Food and Drug Administration (FDA) provided late last month five Cardinal Health, Inc. p…
Business
Stop Using These Eye Drop Products Sold At CVS, Rite Aid, Target Due To Infection Risk: FDA
Consumers should stop using more than two dozen over-the-counter eye drop products because of the risk of eye infections that may lead to vision loss or blindness. Click here for a new, updated story - Massive Eye Drop Recall Expands: 3 New Products Added As List Hits 29; Here's New Rundown The 26 products are from these brands: CVS Health, Leader (Cardinal Health), Rugby (Cardinal Health), Rite Aid, Target Up&Up, and Velocity Pharma. The alert comes after FDA investigators found bacterial contamination in critical drug production areas of a manufacturing facility. For the comp…
Real Estate
CVS Shutters Central Jersey Store Amid Plan To Close Hundreds
CVS Health has closed one of its New Jersey stores as part of a broader plan to shutter 900 stores by 2024. The company’s only store in Metuchen, located at 45 Pearl St. closed on Dec. 28, according to several reports. “All prescriptions will be seamlessly transferred to the nearby CVS Pharmacy at 913 Oak Tree Ave. in South Plainfield, which is less than 4 miles away, ensuring that pharmacy customers continue to have uninterrupted access to service," the company said in a statement. CVS Health will be closing 900 stores across the US in the next three years, the company announced in Novemb…
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