The Associated Press CVS Health has added four new board members, including the CEO of a hedge fund that has been critical of the struggling health care giant. The company said Monday that it expanded its board to 16 members following “productive discussions” with shareholder Glenview Capital Management. The hedge fund holds about a 1% stake…… MORE
CVS Health fell short on third-quarter profit, but it posted strong sales and the health care giant shook up leadership under new CEO David Joyner after a rough year that has sent shares plunging.… MORE
CVS Health CEO Karen Lynch has stepped down with company shares sinking 19% this year and the health care giant struggling on several fronts.… MORE
CVS Health missed first-quarter expectations and chopped its 2024 outlook more than a dollar below Wall Street’s forecast.… MORE
Woonsocket-based CVS Health said Wednesday that it was scaling back already cautious expectations for 2024 as it tries to understand why costs keep rising from the privately run version of the government’s Medicare program.… MORE
Toy maker Hasbro said Monday it is cutting about 1,100 jobs, or 20% of its workforce, as the malaise in the toy business extends through another holiday shopping season.… MORE
Rhode Island candidate for Congress Gerry Leonard joins a growing chorus of former military leaders speaking out on Alabama Republican Sen. Tommy Tuberville’s freeze on military promotions over the Pentagon’s abortion policy.… MORE
WPRO News A second twin was arrested Thursday by Woonsocket Police in the January death of their father. Police said Danielle Pamula, 38 was charged with domestic violence first degree murder of her father, Joseph Pamula, 70. Her twin sister, Jennifer Pamula was arrested in January after their father was found in the kitchen of…… MORE
State and federal governments are committing $20 million dollars toward energy-efficiency steps in dozens of Rhode Island schools. … MORE
A Rhode Island defense contractor that sold woolen blankets to the Army has agreed to pay nearly $500,000 to settle allegations that it violated a law requiring companies that supply the military to manufacture their products in the U.S. using American labor, federal prosecutors said Tuesday.… MORE
