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The Latest Breaking News from Walgreens

Walgreens confirms plans to sell abortion pills under new FDA rules

Walgreens expects to offer abortion pills after the Food and Drug Administration changed its rules for the drug.

Tribune News Service

Walgreens to close unique Wicker Park store

The drugstore, part of a celebrated renovation, incorporated features from when the building was a bank office, including a vault.

Chicago Sun-Times

CVS and Walgreens limit sales of children's meds as the 'tripledemic' drives demand

Walgreens will limit online orders of children's fever and pain medicine to six items "to help support availability and avoid excess purchases." At CVS stores, purchases will be limited to two.

WEKU

From analysis to the latest developments in health,
read the most diverse news in one place.

Walgreens, CVS agree to pay $10 billion to settle lawsuits linked to opioid sales

Most of the money is to be used to fight the overdose epidemic. The deals are among the largest of proposed and finalized settlements over the opioid crisis totaling over $50 billion.

Chicago Sun-Times

California could receive more than $500 million from Walgreens opioid settlement

California could receive more than $500 million from a $5.7 billion multistate agreement to settle a raft of lawsuits filed against Walgreens over the pharmacy chain's role in the opioid crisis, officials said.

Los Angeles Times

CVS and Walgreens agree to pay $10 billion to settle lawsuits linked to opioid sales

CVS would pay about $5 billion and Walgreens more than $5.5 billion, though neither company has admitted wrongdoing. States have until the end of the year to accept the terms of the settlement.

WEKU

With respiratory illnesses on the rise in Chicago, health care providers warn children’s medications may be hard to find

“Kids can’t cope with pain like adults,” said Gwen Smith, a mom of three from Chicago’s North Side. “It’d be like torture, in a way, to have to witness your child suffering if your local pharmacy doesn’t have what you need.”

Chicago Sun-Times

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Varo Bank Review 2022: For the customer who prefers mobile banking and a 5.00% APY over the brick-and-mortar experience

Varo Bank offers only a few products, but for no-frills customers, this online-bank could be the right fit.

Fortune

Amazon vs Walmart: Who Has the Cheapest Prices?

Amazon handily beat Walmart for the lowest prices on food and consumables, a study shows. In other categories, things tightened up.

Kiplinger

COVID risk could rise again as federal funding drains, Chicago’s top doc warns

The city will soon lose hundreds of millions of dollars in public health funding as federal pandemic aid runs out. That, combined with low booster shot participation, could spell another surge in COVID, Dr. Allison Arwady says.

Chicago Sun-Times

Read what a judge told Elizabeth Holmes before sending her to prison for 11 years

Read exactly what the judge told former Theranos CEO Elizabeth Holmes before he sentenced her to 11 years in federal prison.

WEKU

Why plans to connect big grocers and small farmers haven’t worked, inflation’s impact on local restaurants and more in your Chicago news roundup

Today’s update is a 5-minute read that will brief you on the day’s biggest stories.

Chicago Sun-Times

Big-box supermarkets, small local farmers around Chicago have struggled to work together

Here are some of the reasons why ambitious plans to connect big grocers to small farmers have withered — and what the farmers are doing now.

Chicago Sun-Times

Elizabeth Holmes: What convictions and acquittals led up to her sentencing

Theranos founder Elizabeth Holmes walked into her criminal trial in federal court in San Jose in September 2021 charged with 12 counts of fraud in connection with her now-defunct Palo Alto blood-testing startup. Four months later, she walked out guilty on four counts, after a jury found her liable for…

Tribune News Service

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Al Jazeera

Walmart offers $3bn to settle lawsuits over role in opioid crisis

Tentative agreement would bring settlement total from lawsuits against various companies to more than $50bn.

Tribune News Service

Walmart agrees to pay $3.1B in opioid settlements after CVS and Walgreens’ $5B proposals

NEW YORK — Walmart agreed to pay $3.1 billion to resolve lawsuits accusing the pharmacy of selling drugs that contributed to the opioid epidemic, but denied the allegations and didn’t admit liability.

Axios

Walmart reaches $3.1 billion deal to settle opioid lawsuits

Walmart said that the proposed framework "does not include any admission of liability."

Reason

Biden's Student Loan Forgiveness Plan Is Unconstitutional, Says Federal Judge

Plus: Users surge on decentralized social media platform Mastodon, the fall of city drugstores, and more...

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news in one place.

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Fortune

Walgreens wants to make health care consultations as simple as a drugstore run

Tracey Brown, president of Walgreens' $109 billion retail business, wants the pharmacy chain to be a one-stop shop for health advice and everyday consumer goods.

Miami Herald

Michelle Kaufman: Panini stickers, protests, and Thanksgiving games: Get ready for the Qatar World Cup

MIAMI — The first sign that the 2022 World Cup is nearly upon us is the Panini display on the Walgreens counter near the cash register. And no, we’re not talking about the flat toasted sandwich.

Chicago Sun-Times

Walgreens’ VillageMD buys another urgent and primary care chain for $9 billion

Walgreens and rival CVS have evolved in recent years far beyond their historic focus on store sales and filling prescriptions.

Chicago Tribune

Chicago-based VillageMD to pay $8.9 billion to acquire care provider, with help from Walgreens

Chicago-based VillageMD, which has primary care clinics in Walgreens stores across the country, will pay $8.9 billion to acquire a company that will help it to branch into specialty and urgent care and grow its footprint dramatically.

France 24

US pharmacies announce opioid settlements totaling $10 billion

The two largest US pharmacy chains, CVS Health and Walgreen Co., announced agreements in principle on Wednesday to pay about $5 billion each to settle lawsuits nationwide over the toll of opioids, and a lawyer said Walmart, a third pharmacy behemoth, is in discussions for a deal.

Al Jazeera

US pharmacy companies reach $10bn settlement over opioid claims

The deals mean CVS and Walgreens will pay more than $10bn for their roles in the US opioid crisis.

Chicago Sun-Times

CVS, Walgreens announce opioid settlements totaling $10 billion

CVS and Walgreens have agreed in principle to pay a total of about $10 billion to settle lawsuits over the toll of powerful prescription opioids.

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