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CVS to lay off 5,000 employees in push to shed costs

(NEW YORK) -- CVS Health is laying off 5,000 employees as part of an effort to shed costs, the retail and pharmacy chain confirmed on Tuesday.The layoffs will primarily affect "non-customer facing positions" such as corporate roles, the company said, adding that it does... Read More.

CVS, Walgreens agree to $10 billion opioid settlement

(NEW YORK) -- CVS Health and Walgreens on Wednesday said they had agreed in principle to pay about $10 billion in total to settle a series of opioid-related lawsuits brought against the pharmacy chains.CVS said it had agreed to a $5 billion settlement designed... Read More.

CVS agrees to $5 billion opioid settlement

(NEW YORK) -- CVS Health on Wednesday said it had agreed to a $5 billion settlement designed to "substantially resolve" opioid lawsuits against the pharmacy chain.“We are pleased to resolve these longstanding claims and putting them behind us is in the best interest of... Read More.