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The Latest Breaking News from Walgreens

Man admits he set fire to Walgreens amid 2020 unrest

Jose Valdovinos faces a minimum sentence of five years in prison for the damage he did to the store on the Southwest Side.

Chicago Sun-Times

Baby formula shortage forces parents to pay $120 for single can as Target, CVS and Walgreens limit sales

CVS and Walgreens are limiting customers to three toddler and infant formulas per purchase as the shortage worsens across the US

The Independent UK

News briefs

Voter check-in computers come back online after outage in Georgia

Tribune News Service

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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

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

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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

Walgreens Boosts Philanthropy With First Red Noses in Two Years

Sticking a bright red nose in this matter could be a wonderful thing.

The Street

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

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

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The Street

Have Amazon's Drone Deliveries Finally Arrived?

The Seattle tech giant last week quietly rolled out a blog post titled, "Safely introducing drones to our skies."

The Street

Alphabet's Wing Drones Delivers Medicine in Texas for Walgreen's

Walgreen's began using drones made by Wing to deliver prescriptions to consumers in the Dallas/Fort Worth area.

The Independent UK

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

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The Street

Walmart Wants to Take Over Healthcare (And It Just Got a Step Closer)

The retail giant has a plan to take on the incumbents in healthcare.

Benzinga

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)

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…

The Street

Walgreens Stock Slumps After Q2 Earnings Beat, 2022 Guidance Hold

Walgreens filled 300 million prescriptions, while administering 12 million Covid tests, helping second quarter U.S. sales rise 1.2% to $27.7 billion.

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