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The Latest Breaking News from Walgreens

Walgreens reaches $683m settlement with Florida over role in opioid crisis

The company settled over claims that it exacerbated the opioid crisis in the Sunshine State.

The Independent UK

Walgreens Announces $683M Opioid Settlement With Florida

Walgreens Boots Alliance Inc (NASDAQ:WBA) has reached a $683 million settlement with Florida to resolve claims that the pharmacy chain exacerbated an opioid epidemic in the state. The settlement includes $620 million to be paid to Florida over 18 years, plus $63 million for legal fees. The settlement ends a trial that began…

Benzinga

Walgreens agrees to pay Florida $683 million to settle opioid lawsuit

Walgreens has agreed to pay the state of Florida $683 million to settle a lawsuit claiming the drugstore chain helped fuel the state’s opioid crisis, the company announced Thursday.

Orlando Sentinel

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Walgreens, Florida settle opioid costs lawsuit for $683M

The Walgreens pharmacy chain has reached a $683 million settlement with the state of Florida in a lawsuit accusing the company of improperly dispensing millions of painkillers that contributed to the opioid crisis

The Independent UK

Want free, at-home COVID-19 tests from pharmacies and insurers? It’s not always easy, despite requirements

CHICAGO -- Some Illinois residents say they’re still having trouble getting free at-home COVID-19 tests from pharmacies and insurance companies, more than three months after the White House began requiring insurers to cover them.

Chicago Tribune

San Francisco To Start Opioid Epidemic Trial Against Teva, Walgreen: Reuters

San Francisco will start a trial against Walgreens Boots Alliance Inc (NASDAQ:WBA) and three other companies accused of fueling an opioid crisis in the city. San Francisco has alleged that Walgreens, Teva Pharmaceutical Industries Ltd (NYSE:TEVA), AbbVie Inc's (NYSE:ABBV) Allergan unit, and Teva-owned Anda Inc created a "public nuisance" by flooding the city with prescription opioids and failing…

Benzinga

Billionaire Issa brothers who own Asda plan to create more than 32,000 jobs

Billionaire brothers Mohsin and Zuber Issa's EG Group is hiring almost 23,000 people in the UK by expanding more people at Asda, Cooplands and Leon and tie-ups with KFC and Starbucks

Daily Mirror

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How the test-to-treat pillar of the US COVID strategy is failing patients

The federal “test-to-treat” program, announced in March, is meant to reduce COVID-19 hospitalizations and deaths by quickly getting antiviral pills to people who test positive. But even as cases rise again, many Americans don’t have access to the program.

Tribune News Service

Baby formula shortage: What is causing supply issue and which stores are rationing products?

Out-of-stock per centages reached higher than 40 per cent in seven states in first week of April

The Independent UK

Reliance studying possible bid for Walgreens’s boots chain

NEW DELHI: Billionaire Mukesh Ambani’s Reliance Industries is weighing a possible bid for Walgreens Boots Alliance Inc’s international drugstore unit, according to people familiar with the matter.

The Times of India

Q&A: Penn ethicist Zeke Emanuel has another life as a venture capitalist

Ezekiel Emanuel chairs the department of medical ethics and health policy at the University of Pennsylvania. He started the bioethics department at the National Institutes of Health, helped shape U.S. health-care policy as a senior aide in the Obama administration, served on President Joe Biden's COVID-19 task force, and advocates…

The Philadelphia Inquirer

EXPLAINER: Where do US opioid trials, settlements stand?

A trial on whether pharmacy chain Walgreens bears responsibility for the opioid crisis started Monday in Florida on the heels of opening statements last week in another opioid trial in West Virginia

The Independent UK

Trial opens in Florida opioid lawsuit case against Walgreens

Trial opened Monday in Florida’s opioid epidemic lawsuit against the Walgreens pharmacy chain, which state officials accuse of prioritizing profits over health by improperly dispensing millions of powerful painkillers that caused tens of thousands of deaths

The Independent UK

Merger Arbitrage Mondays - WindAcre Doubles Its Stake In Nielsen Holdings (NLSN) And Other Deals

Merger activity decreased last week with three new deals announced and six deals completed. Tivity Health (NASDAQ: TVTY)

Benzinga

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StockNews.com

According to Wall Street, these are the 4 Best EV Charging Stocks to Buy in 2022

With surging oil and gas prices, the demand for electric vehicles (EVs) is expected to balloon, making the prospects bright for the EV charging industry. Wall Street analysts recommend buying EV charging stocks Wallbox (WBX), ADS-TEC Energy (ADSE), Volta (VLTA), and Beam Global (BEEM), which are well-positioned to rally in…

The Independent UK

Dillon Francis brings Walgreens bag of snacks to Grammys red carpet

‘Still not over Dillon Francis showing up like this’

Benzinga

Walgreens Stock Fell 8% This Week: What Happened?

Walgreens Boots Alliance Inc (NASDAQ: WBA) shares continue to trade lower Friday after the company on Thursday reported financial results and reaffirmed soft guidance for low-single digit earnings growth.

Benzinga

Why Walgreens Boots Alliance Shares Are Plunging Today

Walgreens Boots Alliance Inc's (NASDAQ:WBA) Q2 FY22 sales increased 3% Y/Y to $33.8 billion, up 3.8% on a constant currency basis, beating the consensus of $33.36 billion. Omicron variant of COVID-19 intensified demand for booster shots and tests and drove foot traffic during the winter months. Adjusted EPS reached $1.59, beating the…

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StockNews.com

5 Value Stocks to Reinforce Your Portfolio in Q2 2022

Due to concerns over the possibility of aggressive interest rate increases and the consequences of a prolonged Ukraine-Russia war, current market volatility has caused many quality stocks to trade at attractive valuations. For example, fundamentally sound stocks Lockheed Martin (LMT), HCA Healthcare (HCA), FedEx (FDX), Enterprise Products (EPD), and Walgreens…

StockNews.com

4 Best High-Yield Stocks on the S&P 500: Phillips 66, Gilead, Valero, and Walgreen Boots

The stock market has been experiencing high volatility due to surging inflation, the Ukraine-Russia war, and multiple interest rate increases planned by the Fed this year. So, investors looking to side-step the market’s volatility could be well served by betting on high dividend-yielding stocks. Gilead Sciences (GILD), Walgreens Boots Alliance…

Chicago Sun-Times

Charges filed after shoplifter stabs man trying to stop him in River North Walgreens

The victim intervened after seeing the man stealing items in the 600 block of North Clark Street Sunday night, police said.

StockNews.com

Scoop Up These 3 Dow Jones Stocks Down More Than 8% YTD

Amid the increased market volatility owing to anticipated Federal Reserve interest rate increases, the Russia-Ukraine war, and a spike in oil prices, Dow Jones stocks have declined dramatically in price so far this year. So, we think it advisable to invest now in fundamentally strong stocks Microsoft (MSFT), Cisco (CSCO),…

StockNews.com

Microsoft Corporation(NASDAQ:MSFT)

Chicago Sun-Times

Man stabbed in face while trying to stop shoplifter at River North Walgreens: police

The man was trying to stop another man from stealing items at a store in the 600 block of North Clark Street late Sunday when the suspect became irate and stabbed him in the face, neck and legs, police said.

Tribune News Service

Shipt expands to Walgreens and 7-Eleven

Shipt, the grocery delivery business of Target, sharply increased its same-day delivery service by adding Walgreens and 7-Eleven stores across the country.

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