Hospitals accuse CVS of siphoning hundreds of millions in drug savings

Check out what’s clicking on FoxBusiness.com. Three major hospital systems on Monday filed lawsuits accusing CVS Health and its subsidiaries of running a secret scheme that allegedly siphoned hundreds of millions of dollars away from hospitals serving vulnerable and uninsured patients. The lawsuits – filed by Mount Sinai in New York, University of Michigan Health…

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Cruise lines face $440M judgments after Supreme Court revives Cuba case

Check out what’s clicking on FoxBusiness.com. The Supreme Court dealt a major blow Thursday to four major cruise lines accused of profiting from Cuban property seized during Fidel Castro’s communist revolution, reviving lawsuits that could cost the companies hundreds of millions of dollars. In an 8-1 ruling, the justices sided with Havana Docks Corporation, a…

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Trader Joe’s announces 25 new stores across the country

Check out what’s clicking on FoxBusiness.com. Trader Joe’s is expanding its footprint with 25 new locations across 14 states, adding to its previously announced growth pipeline, the company said. The popular California-based grocery chain announced Wednesday that nine additional stores are now in development, bringing the total slate of upcoming openings to more than two…

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Walmart signals it may raise prices in response to soaring fuel costs

Those prices are putting extra pressure on already-strained American consumers. “The high-income customer is spending with confidence into many categories, while the lower-income consumer is more budget-conscious and perhaps navigating financial distress,” said Rainey. Some consumers, he said, are changing their gasoline habits. “The number of gallons that customers fill up with when they come…

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