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Keyword: larrymerlo

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  • CVS’s decision isn’t really about smoking

    02/07/2014 1:51:09 AM PST · by Tolerance Sucks Rocks · 44 replies
    Market Watch ^ | February 5, 2014 | Diana Furchtgott-Roth
    When CVS Caremark Corp. Chief Executive and President Larry Merlo announced that his drugstore chain would stop selling tobacco products , one of the first to respond was the president of the United States. The speed of the president’s statement indicates that CVS’s decision was likely coordinated with the White House. Every day, countless business decisions are made without any comment from the White House. Something unusual was going on. This is troubling. It gives the appearance of preference for those who curry favor with the powerful, and it squeezes out smaller entrants who can supply innovative products and services...