A man uses a vape as he walks on Broadway in New York City, September 9, 2019. Andrew Kelly | Reuters U.S. health officials finally have a potential breakthrough in the vaping illness outbreak that’s killed at least 39 people, narrowing in on vitamin E acetate as a “potential toxin of concern,” Centers for Disease
Health, Fitness & Food
Juul Labs products are seen at a store in Palo Alto, California on September 21, 2019. Yichuan Cao | Sipa USA | AP Market leading e-cigarette company Juul is halting sales of its popular mint flavor, the company announced Thursday. Studies published Tuesday in the Journal of the American Medical Association found high school students
CVS Health President and CEO Larry Merlo said Wednesday that he worries about the rise in teen tobacco use amid the popularity of vaping products such as e-cigarettes. Public health officials are seeing teen tobacco use “go the wrong way,” Merlo said in an interview with CNBC’s Jim Cramer on “Mad Money.” “We’ve got to
Mindy Grossman took the helm of Weight Watchers in 2017. Under Grossman, the company shortened its name to WW. Getty Images Shares of WW, formerly Weight Watchers, plunged 15% after the company posted mixed third-quarter results. Here’s what the company reported compared with what Wall Street was expecting, based on a survey of analysts by
Livongo co-founder and executive chairman Glen Tullman speaks at CNBC’s @Work conference in San Francisco, California, on Nov. 4, 2019. CNBC For health-technology start-ups, hiring technical talent from Silicon Valley can be a tricky prospect. Companies like Apple and Facebook are paying massive salaries, making it challenging for any upstart to bring talented workers into
Activists marched to the offices of Senators Schumer and Gillibrand in New York City on September 5, 2017; carrying a giant lunchbox filled with messages from constituents that urged them to get Back To Work and Save Our Healthcare. Erik McGregor | LightRocket | Getty Images Wealthy Americans stand to gain from Obamacare’s demise. The
Google hired David Feinberg from Geisinger Health, a system of hospitals based in Pennsylvania, toward the end of 2018 and put him in charge of a newly created division called Google Health. But the company has remained quiet about the division’s scope and goals. Now he’s beginning to talk publicly about his plans, and appeared
Harriet Taylor Hardware is increasingly becoming a commodity, where devices with nearly identical features end up competing mainly on price. But for big consumer technology companies like Apple and Google, it’s still important to have a foothold in the wearable devices market because it’s the key way to get information about users on the go,
A researcher prepares a sample inside a laboratory at BeiGene Ltd.’s research and development center in Beijing, China, on Thursday, May 24, 2018. Gilles Sabrie | Bloomberg | Getty Images Biotechnology company Amgen announced Thursday it is investing $2.7 billion in BeiGene, taking a 20.5% stake in the Chinese biotech firm, valuing it at roughly
Biotech firm Biogen could double its market cap on regulatory approval for its experimental Alzheimer’s drug, aducanumab, CNBC’s Jim Cramer said Wednesday. Biogen, with a $54.1 billion market cap as of Wednesday’s close, “could be worth twice that if all goes well” with the Food and Drug Administration, the “Mad Money” host said. In March,
A Johnson & Johnson building is shown in Irvine, California. Mike Blake | Reuters Johnson & Johnson, which recalled 33,000 bottles of baby powder earlier this month, said Monday it retested its baby powder and found no signs of asbestos that prompted the recall. J&J pulled the powder off of shelves after federal regulators said
Scott Mlyn | CNBC Juul Labs plans to cut about 500 jobs by the end of the year, the Wall Street Journal reported, citing people familiar with the matter. The cuts are part of a broader reorganization plan aimed at repairing the company’s relationship with regulators, the report said. The e-cigarette giant will also cut
An employee picks up a Juul Labs device kit for a customer at a store in San Francisco. David Paul Morris | Bloomberg | Getty Images WASHINGTON, D.C. — Leading vaping company Juul won’t likely win regulatory approval to keep its e-cigarettes on the market, former Food and Drug Administration Commissioner David Kessler said in an
Americans owe a lot of money. The average American uses over one-third of his or her budget to pay down debt, according to a 2019 study from Northwestern Mutual. The study also found that 15% of people believe they’ll be paying it off for the rest of their lives. Experts say a significant amount of
Chris Ratcliffe | Bloomberg | Getty Images The number of cases of a deadly lung illness linked to vaping appears to be “leveling off or even declining,” a Centers for Disease Control and Prevention official said Friday. “It’s serious and potentially fatal, but it is preventable,” Dr. Anne Schuchat, the CDC’s principal deputy director, told
The U.S. judicial system will ultimately block a court ruling that questioned the constitutionality of Obamacare, Centene CEO Michael Neidorff told CNBC on Thursday. A federal appeals court in New Orleans is expected to soon hand down a decision on the legality of the Affordable Care Act, the landmark health-care law enacted under President Barack
The front desk of the Amazon office is pictured in New York, May 1, 2019. Carlo Allegri | Reuters Amazon has just made its second acquisition in the health-care space, snapping up a start-up called Health Navigator, which provides technology and services to digital health companies. Amazon confirmed the acquisition to CNBC, and said that
Speaker of the House Nancy Pelosi, D-Calif., conducts a news conference in the Capitol Visitor Center to introduce the College Affordability Act, an overhaul of higher education system, on Tuesday, Oct. 15, 2019. Tom Williams | CQ-Roll Call, Inc. | Getty Images The House Ways and Means Committee late Tuesday approved Speaker Nancy Pelosi‘s drug
Alphabet CFO Ruth Porat FABRICE COFFRINI | AFP | Getty Images Alphabet CFO Ruth Porat opened up about her battles with cancer, and how her personal experience inspired her to support health-care initiatives at Google and its parent company. “I know how incredibly fortunate I am, but I also know that for far too many,
When you’re just starting out, life insurance may not be your first concern. Putting it off may cost you. Research shows that millennials, who are saddled with hefty student loan bills, have struggled to set money aside for other purchases — from life insurance to buying a home. On average, about 7 in 10 seniors
Jose Luis Pelaez Inc | DigitalVision | Getty Images We are tasked today with making many financial decisions, from managing our student loans to contributing to retirement accounts. Plus there’s paying credit card debt on time and keeping our credit score as high as possible. All of these are important, because our financial future is
Woman shops for groceries. Twenty20 Walmart continues to lead the U.S. grocery sector, but the gap with its rivals is narrowing, and pressure on profits is rising, according to a new report from Loop Capital Markets. Walmart has a 22% share of the $847 billion U.S. grocery industry, according to analyst Andrew Wolf. The retailer’s
House Speaker Nancy Pelosi speaks at a Fed Up? Rise Up! rally outside the US Capitol in Washington, DC September 24, 2019. Mandel Ngan | AFP | Getty Images The House Energy and Commerce Committee on Thursday approved Speaker Nancy Pelosi‘s sweeping drug pricing bill, a key step in getting the legislation to the full
In this photo illustration, an ‘Impossible Whopper’ sits on a table at a Burger King restaurant on April 1, 2019 in Richmond Heights, Missouri. Burger King announced on Monday that it is testing out Impossible Whoppers, made with plant-based patties from Impossible Foods, in 59 locations in and around St. Louis area. Michael Thomas |
Retail giant Amazon‘s expansion into health care has already begun, but there’s a lot more room for it to grow, Loop Capital Markets’ Anthony Chukumba told CNBC on Tuesday. Chukumba said on “The Exchange” that he sees $72 billion of potential for Amazon through continued health-care expansion, which accelerated in 2018 when it purchased online
Jordan Katzman, co-founder of SmileDirectClub Inc., left, and Alex Fenkell, co-founder of SmileDirectClub Inc., watch traders during the company’s initial public offering (IPO) at the Nasdaq MarketSite in New York, U.S., on Thursday, Sept. 12, 2019. Michael Nagle | Bloomberg | Getty Images Shares of SmileDirectClub plummeted more than 13%, on Monday after California Governor
John Dutton, MD, has 50 medical licenses; Alex Mohseni has 48 and Blake McKinney has 49. CirrusMD Blake McKinney is a doctor with medical licenses in 49 states and a 50th likely on the way. That would put him into a small but growing group of physicians who see a big future online. Telemedicine, which
ERproductions Ltd | Getty Images Democratic presidential candidate Bernie Sanders is proposing to wipe out an estimated $81 billion in past-due medical debt. Up to 80 million Americans could be impacted. “People definitely need to have their debt either forgiven or negotiated lower, so they can afford it without a hardship,” said Craig Antico, the
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