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CVS Caremark Corp

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  • Apple Pay rival defends service, exclusivity Wednesday, 29 Oct 2014 | 9:44 AM ET

    NEW YORK— In a story Oct. 29 about Apple Inc.' s new payment system, The Associated Press misattributed a quotation from an Apple Pay user in Indianapolis. The speaker was Thomas Pritchard, not Ben Heyman. Retailer resistance to Apple Pay had been expected because Apple hasn't offered incentives to install pricey point-of-sale terminals and train staff on its new...

  • Retail skirmish blocks Apple Pay at checkout line Tuesday, 28 Oct 2014 | 3:26 PM ET

    Retailer resistance to Apple Pay had been expected because Apple hasn't offered incentives to install pricey point-of-sale terminals and train staff on its new mobile payment system. In the meantime, some of the group's biggest members, like CVS, 7- Eleven, Best Buy and Wal-Mart, are nixing so-called NFC payments even though they already have the...

  • Apple and Alibaba hint at partnership Tuesday, 28 Oct 2014 | 2:41 AM ET
    Apple CEO Tim Cook speaks about Apple Pay during an Apple special event at the Flint Center for the Performing Arts on September 9, 2014 in Cupertino, California.

    Apple CEO Tim Cook said he will discuss a possible partnership with China's e-commerce giant Alibaba some time later this week.

  • Apple CEO Tim Cook says Apple Pay a success Tuesday, 28 Oct 2014 | 1:16 AM ET

    LAGUNA BEACH, Calif.— Apple CEO Tim Cook said Apple's new mobile payment system had over 1 million activations in the first three days after it became available, and is now more widely used than any competing payment system. While Apple has partnered with major banks and large retail chains including Macy's Inc., Walgreen Co. and McDonald's Corp., critics have...

  • A trader works on the floor of the New York Stock Exchange.

    Stocks declined Monday as crude dropped below $80 a barrel and Merck & Co. narrowed its 2014 outlook.

  • CHICAGO, Oct 27- U.S. drugstore chain Rite Aid Corp will ban Apple Inc's new electronic payments service in its 4,572 stores as it commits to joining a consortium of other large retailers developing a rival payments system. The rival system, called Current C, is being developed by Merchants Customer Exchange, a consortium of merchants that includes Rite Aid and...

  • Competing mobile wallets offer block to Apple Pay Monday, 27 Oct 2014 | 10:37 AM ET

    What does the future of Apple Pay look like as rivals threaten to steal customers?

  • Early Movers: MRK, AGN, BABA, TSLA, F & more Monday, 27 Oct 2014 | 8:01 AM ET
    A trader works on the floor of the New York Stock Exchange.

    Some of the names on the move ahead of the open.

  • Drug chains Rite Aid and CVS disable Apple Pay Monday, 27 Oct 2014 | 6:43 AM ET
    A worker demonstrates Apple Pay in a mobile kiosk sponsored by Visa and Wells Fargo to demonstrate the new Apple Pay mobile payment system, October 20, 2014 in San Francisco.

    Mobile wallet Apple Pay has been available for only one week but may be inciting a battle in the payments industry. The NYT reports.

  • CVS tacks tobacco fee on new smoke-free network Tuesday, 21 Oct 2014 | 11:22 AM ET
    Signage inside a CVS store in New York, after cigarettes were removed from shelves.

    CVS Health is developing a new tobacco-free pharmacy network and will charge clients who fill prescriptions at stores that sell tobacco.

  • CVS tacks tobacco payment to prescription network Tuesday, 21 Oct 2014 | 8:54 AM ET

    First, CVS Health pulled tobacco from its store shelves. That payment won't apply to prescriptions filled at stores in the tobacco-free network, which would include CVS and Target or other stores that don't sell tobacco. Target Corp. quit selling tobacco in 1996..

  • Court: Pay workers to make sure they're not stealing? Wednesday, 8 Oct 2014 | 7:25 AM ET

    The Supreme Court is hearing arguments in a suit filed by Amazon workers who claim they should be compensated for time spent in security screenings.

  • Cramer demands answers from Rite Aid Thursday, 18 Sep 2014 | 11:00 AM ET
    Pedestrians walk past a Rite Aid store in Oakland, Calif.

    The drugstore retailer needs to explain why it cut its profit and sales forecasts, says CNBC's Jim Cramer.

  • Study shows downward trend in Sovaldi utilization Wednesday, 17 Sep 2014 | 8:38 AM ET

    Sept 17- Over the last several months there has been a' plateau and downward trend' in the use of Gilead Sciences Inc's controversial $1,000- a-pill hepatitis C treatment, Sovaldi, a CVS Health Corp analysis showed. The CVS Health Research Institute analyzed discontinuation rates for nearly 2,000 patients who filled prescriptions for Sovaldi since December.

  • CEOs write prescription for health-care overhaul Tuesday, 16 Sep 2014 | 11:58 AM ET

    Top executives of Coca-Cola, Bank of America, Aetna and others will unveil a new initiative in Washington Tuesday at the Bipartisan Policy Center.

  • Midday movers: Apple, Netflix, RadioShack & more Monday, 15 Sep 2014 | 1:40 PM ET

    Some of Monday's midday movers:

  • Why Thomas Lee is bullish on stocks Monday, 15 Sep 2014 | 11:04 AM ET
    Thomas Lee, JPMorgan's U.S. equity strategist

    Stock market strategist Thomas Lee says there's plenty of proof the bull market still has several years to go.

  • Early movers: YHOO, GE, AAPL, BA, WFM, MAR & more Monday, 8 Sep 2014 | 7:39 AM ET
    Traders work on the floor of the New York Stock Exchange.

    Some of the names on the move ahead of the open.

  • Inversions threaten to 'erode' tax base: CVS CEO Wednesday, 3 Sep 2014 | 11:02 AM ET

    Washington must address corporate tax inversions before the tactic further destroys the U.S. corporate tax base, says CVS CEO Larry Merlo.

  • We need tax reform now: CVS CEO     Wednesday, 3 Sep 2014 | 9:50 AM ET

    If left unchanged, corporate tax inversions will erode the U.S. tax base and make tax reform more challenging, says CVS Health CEO Larry Merlo.