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CVS Caremark

Pharmacy retailer CVS Health deviates from annual forecast and names new CEO

Pharmacy retailer CVS Health deviates from annual forecast and names new CEO On Friday, CVS Health Inc (NYSE:CVS) named long-time CEO David Joyner replaced as the new President and CEO Karen Lynch amid the company’s ongoing financial difficulties. Joyner, previously…

CVS will cut nearly 3,000 jobs as it plans AI investments — and is considering a breakup

CVS Health Corporation (CVS) will cut approximately 2,900 jobs as part of a $2 billion, multi-year cost-savings initiative aimed at reducing spending and increasing investment in technology. “To achieve this goal and position ourselves for sustainable growth, we will reduce…