Walmart offers to pay total of $3.1 billion to settle opioid lawsuits

Retail giant Walmart on Tuesday became the latest major player in the drug industry to announce a plan to settle lawsuits filed by state and local governments over the toll of powerful prescription opioids sold at its pharmacies with state and local governments across the U.S. The $3.1 billion proposal follows similar announcements Nov. 2 from the two largest U.S. pharmacy chains, CVS Health and Walgreen Co., which each said they would pay about $5 billion.