CVS pulls tobacco from its shelves a month ahead of its published goal, cutting $2 billion in annual revenue in the process. The company will expand its Minute Clinics and pursue new payer and health system partnerships to compensate for the loss.
Megan Smith, former Google VP of new business development, replaces Todd Park as the new US CTO, while Alexander Macgillivray, Twitter’s former lead council, will assume the role of Deputy US CTO.
After Oracle and the state of Oregon sue each other over the failed Cover Oregon health insurance exchange, Oracle puts the brakes on efforts to move on by refusing to provide access to the servers and source code for the site. The impasse will likely compromise Oregon’s ability to launch a functional exchange before the start of the next open enrollment period on November 1.