Retail Pharmacies Take Big Hit After Amazon's PillPack Deal

The day the retail giant announced plans to acquire the online pharmacy company PillPack, competing retail pharmacy companies took a significant blow. Eight companies, including CVS and Rite Aid, dropped $17.5 billion in market cap in just one day. For full interview, [click here](https://cheddar.com/videos/amazon-acquisition-of-pillpack-crushes-shares-of-walgreens-cvs-rite-aid).

More In Business

New Amazon factory aims to deliver 10,000 robotaxis annually

Amazon is gearing up to make as 10,000 robotaxis annually at a sprawling plant near Silicon Valley.

How the humble water gun became the symbol of Barcelona’s anti-tourism movement

The humble water gun — the cheap, squirt-squirt variety — has become the weapon of choice and symbol of Spain's anti-tourism protests.

Trump Family Crypto Empire: A Web of Millions, Influence, and Ethical Concerns

Sam Blum, Senior Writer at Inc. Magazine, discusses one of his latest articles on why the Trump family is embracing crypto. Watch!

Real Assets Gain Traction in Bank of America's 2025 Specialty Asset Management Outlook

Ken Shepard, Head of Specialty Asset Management at Bank of America, discusses the importance of real assets and unpacks the bank's specialty asset outlook.

Cardinal Health Raises Pharmaceutical Segment Profit Guidance 12-13% for FY25

Cardinal Health's Debbie Weitzman explains how the company's Advanced Therapy Solutions Innovation Center aims to improve access to specialty medicines. Watch!

Leonard Lauder who globalized family cosmetic business, dies at 92

Leonard Lauder, a renowned philanthropist who expanded the family cosmetics business into a worldwide empire, has died at the age of 92.

Inside the CRE Market: Peachtree Group CEO Breaks Down Industry Trends

Peachtree CEO Greg Friedman on the hospitality business, commercial real estate and what the numbers are telling you. Watch!

Autonomous Ambitions: How Oshkosh is Steering Commercial Vehicles into the Future with AI

Oshkosh CEO John Pfeifer joins J.D. Durkin to discuss artificial intelligence, autonomy, and reinventing commercial vehicles. Watch!

Big Business This Week: What’s the smart bet on the future of energy?

AI data centers need energy, and that’s what’s made the stock price of aptly-named NRG $NRG rise 88% in the past year

Ex-congressman who once sought to abolish the IRS is its new leader

Former congressman Billy Long of Missouri has been confirmed to lead the Internal Revenue Service, an agency he once sought to abolish.

Load More