Walgreens and Express Scripts Drift Toward Breakup Over Payments
Walgreen Co. says it may walk away from over 5 billion in annual revenue if Express Scripts does not increase payments for filling prescriptions. The dispute could bar Express Script beneficiaries from using Walgreens stores starting Jan. 1, while Walgreens posts a 30 percent rise in third fiscal quarter net income.
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New York
Walgreen Co
Express Scripts
U.S
Walgreen
CVS Caremark Corp
St. Louis
FDA to require graphic warnings on cigarette packs
The FDA unveils nine graphic warning labels to deter smoking starting 2012, the largest pack change in 25 years. Labels show diseased lungs and a smoker with an oxygen mask, and must cover half of the pack and 20 percent of ads, with compliance due by fall 2012.
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Richmond
U.S
Food and Drug Administration
Surgeon General
Health and Human Services
Kathleen Sebelius
FDA
Altria Group Inc
Philip Morris USA
Altria Group
Canada
Uruguay
Kristen Polland
Prattville
Ala
American Cancer Society
John R. Seffrin
Rhonda Vanover
Cincinnati
U.S. Food and Drug Administration
Gannett Cuts 700 Jobs Amid Advertising Slump
Gannett Co lays off about 700 workers, 2 percent of its staff, across most of its 82 newspapers including The Indianapolis Star and The Courier-Journal, with USA Today spared. The move follows years of ad revenue decline amid the Great Recession and a slow recovery, and comes as digital ads rise but fail to offset print losses.
MENTIONED IN THIS ARTICLE
San Francisco
Gannett Co
Gannett
U.S
Indianapolis Star
Courier-Journal
Louisville
USA Today
Hawaii
Craig Dubow
Bob Dickey
Detroit Free Press
JPMorgan to pay 153.6 million to settle fraud charges
The SEC says JPMorgan Chase will compensate investors for misleading purchases of complex mortgage securities tied to a hedge fund. The $153.6 million settlement, one of the largest in the 2008 crisis wave, covers harmed autoworkers at General Motors, a Minneapolis Lutheran fund, and a Topeka retirement firm. Edward Steffelin faces separate charges.
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Securities and Exchange Commission
General Motors
Lutheran Financial
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Topeka
Kaw
Wall Street
Goldman Sachs & Co
Jpmorgan
SEC
Edward Steffelin
Steffelin
GSCP
Magnetar Capital
Magnetar
Regulators
Alex Lipman
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McLean
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