Tesla stock hits a record high, Exxon Mobil outlines extensive investments over next 6 years, and more news to start your day ...

Red Stone Equity Partners closed Fund 113 at $263.2 million, marking its largest LIHTC equity investment vehicle to date.

Walgreens’ stock has plunged more than 80% over the past five years, ranking the company among the worst-performing stocks during that stretch. It’s closing 1,200 stores, roughly 15% of its locations.

A third of U.S. pharmacies have closed since 2010. Among them, both independent and chain pharmacies struggling to make money in the industry.

The fallout from the fatal shooting of United Healthcare CEO Brain Thompson has led to a tumble in stock values for major insurance companies.

The bill, sponsored by U.S. Senators Elizabeth Warren, a Democrat, and Josh Hawley, a Republican, will force companies owning health insurers or pharmacy benefit managers to divest their businesses ...

Today, the stock moved below the $52.50 level, posting its lowest close since 2020. With a bearish trend in CVS’ 50- and ...

1. Sen. Elizabeth Warren, D-Mass., Sen. Josh Hawley, R-Mo., Rep. Diana Harshbarger, R-Tenn., and Rep. Jake Auchincloss, D-Mass., introduced the bill, which would prohibit the joint ownership of PBMs ...

Pharmacy-benefit managers (PBMs) have been scrutinized for their role in drug distribution for years. Now a bipartisan group of lawmakers is threatening to break up the companies behind these ...

The PBM Act would make companies like CVS and UnitedHealth that own health insurers or PBMs sell pharmacy assets. It would help independent pharmacies, but may not help patients, according to one ...

A proposed Senate bill that would prohibit companies that control health insurers or pharmacy benefit managers from owning ...

New legislation would force UnitedHealth Group, CVS Health and Cigna to each sell their pharmacies within three years.