Dec 10- Pharmacy chain CVS Caremark Corp and pharmaceutical distributor Cardinal Health Inc on Tuesday announced a 10- year agreement to form the largest generic drug sourcing operation in the United States, the world's biggest generic drug market.» Read More
Aug 14- Canadian grocer Metro Inc reported a fall in its quarterly sales and said it will close or convert 15 of its stores in Ontario to cut costs, sending its shares down 3 percent. The company, which runs Adonis ethnic food stores and the Brunet pharmacy chain, also said it has agreed to operate Target Corp's in-store pharmacies in Quebec.
The global coffee market has been rather decaffeinated for the past couple of years, with prices falling to less than half their 2011 peak and the bean becoming the worst-performing soft commodity last year.
NBC's Steve Handelsman reports the U.S. has 25 percent of the world's prisoners; and Joseph diGenova, Former U.S. Attorney, and Matt Welch, Reason Magazine, discuss a drug policy overhaul. "The science of marijuana is very bad," says diGenova, adding "that doesn't mean we should lock people up forever who use it."
Major League Baseball is pushing back its announcement on biogenesis punishments until later in the day. Bob Nightengale, USA Today Sports, offers insight on the details of Alex Rodriquez's expected suspension.
Pro-marijuana group Marijuana Policy Project posted a video near the Indianapolis Motor Speedway, reports CNBC's Jane Wells.
CNBC's Andrea day has been tracking the story on the mom who was accused of running a massive pot growing operation. MedMen offers clients tips on growing marijuana plants. Its founder and CEO Adam Bierman, weighs in.
Sen. Chuck Grassley says IRS officials targeted political candidates for audits, and a major player in the Mexican drug trade has been caught. CNBC's Josh Lipton has tonight's headlines; and Retired General and former drug czar Barry McCaffrey, weighs in.
Mexican armed forces arrested Miguel Angel Trevino Morales, the alleged leader of the Zetas drug cartel, near the U.S. border on Monday. Retired general and former U.S. drug czar Barry McCaffrey shares his knowledge of Morales' criminal career.
TORONTO, July 15- The bid by Canada's largest grocer for its largest pharmacy chain is just the latest move by the Weston family, Canada's second-richest clan, to expand a food and clothing empire that began 131 years ago with a Toronto bread factory.
The accused "pot mom" Andrea Sanderlin arrived at court alone, reports CNBC's Andrea Day. Sanderlin is accused of growing 3,000 marijuana plants with intent to distribute.
July 15- Loblaw Cos Ltd, Canada's largest food retailer, will buy Shoppers Drug Mart Corp, the country's biggest pharmacy chain, for C $12.4 billion to bulk up against intensifying competition from U.S. retail giants as well as from consolidating local rivals.
July 15- Loblaw Cos Ltd, Canada's largest food retailer, will buy Shoppers Drug Mart Corp for C $12.4 billion, as it faces increasing competition from Target Corp and Wal-Mart Stores Inc. Loblaw's offer of C $61.54 in cash and stock represents a premium of 27 percent to Shoppers Drug Mart's Friday closing on the Toronto Stock Exchange.
July 15- Loblaw Cos Ltd, Canada's largest food retailer, said it will buy Shoppers Drug Mart Corp, the country's biggest pharmacy chain, for C $12.4 billion.
Costco Wholesale reported June same-store sales that beat analysts' estimates, while L Brands sales came in lower than expected.
Accused Boston Bomber Dzhokhar Tsarnaev pleaded not guilty to all charges, reports CNBC's Bertha Coombs.
Andrea Sanderlin was accused of running a multi-million dollar marijuana warehouse. CNBC's Mary Thompson reports the judge on the case is requiring additional guarantors before granting her bail. (*Note: She was granted bail later in the day.)
CNBC's Mary Thompson reports on the "pot mom," who was arrested in May for housing pot plants worth over $3 million. The operation allegedly funded her high-end lifestyle.
If you couldn't be Don Draper on "Mad Men," you could at least drink like him, but now vodka is back as America's favorite.
NEW YORK, June 26- Two former executives at Duane Reade Inc on Wednesday lost a bid to have a U.S. appeals court reverse their 2010 securities fraud convictions for inflating earnings at the New York drugstore chain.
June 25- Walgreen Co reported weaker-than-expected quarterly results on Tuesday, citing slow front-end sales and a challenging economy. Walgreen, the biggest U.S. drugstore chain, earned $624 million, or 65 cents per share, in the fiscal third quarter ended May 31, compared with a profit of $537 million, or 62 cents per share, a year earlier.