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CVS to lay off 2,900 workers

CVS to lay off 2,900 workers

Initial press reports suggested that CVS was exploring a range of options, including a possible breakup of the company to separate its retail and insurance units. Those reports were based on “sources familiar with the matter,” according to news stories.

John Murphy named president and CEO of AAM

John Murphy named president and CEO of AAM

He most recently served as the chief policy officer at the Biotechnology Innovation Organization, where he led BIO’s legal, policy, and international initiatives for the organization’s healthcare portfolio.