Month: January 2023
China’s Covid wave drives up consumer interest in insurance after health system shortfalls
Chuiyangliu hospital, pictured in January 2023 in Beijing, in the last few years finished renovations that allowed for a six-fold increase in daily patents to 5,000 a day, according to official estimates. Yin Hon Chow | CNBC BEIJING — At the top of the shopping list for anyone in their late 20s or older in […]
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FDA official overseeing food policy and response to resign in wake of baby formula shortage
A sign for the Food and Drug Administration is seen outside of the headquarters on July 20, 2020 in White Oak, Maryland. Sarah Silbiger | Getty Images Frank Yiannas, a top official at the Food and Drug Administration in charge of the agency’s food policy and response office, announced Wednesday that he is stepping down […]
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DOT is probing no matter whether Southwest’s schedules have been ‘unrealistic’ all through holiday break meltdown
A Southwest Airways passenger jet lands at Chicago Halfway Worldwide Airport in Chicago, Illinois, on December 28, 2022. Kamil Krzaczynski | AFP | Getty Pictures The Transportation Division mentioned Wednesday that it is in the initial period of an investigation of Southwest Airlines‘ vacation meltdown and on the lookout at no matter whether the carrier’s […]
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Abortion pill maker GenBioPro sues West Virginia, argues FDA rules preempt state ban
Abortion pill manufacturer GenBioPro on Wednesday sued to overturn West Virginia’s ban on abortion because it restricts access to a medication approved by the Food and Drug Administration. The lawsuit, filed in federal court in West Virginia’s southern district, argues that FDA regulations on medications such as the abortion pill preempt state law under the […]
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Precision Neuroscience, co-founded by Neuralink alum, is creating a brain implant thinner than a human hair
Array of Precision Neuroscience Source: Precision Neuroscience The human cerebral cortex is made up of six cellular layers, but at Precision Neuroscience, a team of scientists and engineers is working to build a device that’s reminiscent of a seventh. The device is called the Layer 7 Cortical Interface, and it’s a brain implant that aims […]
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Boeing posts quarterly loss as labor and provide strains overshadow raise in jet demand from customers
Boeing posted a $663 million decline for the fourth quarter as offer chain concerns weighed on effects despite a rebound in plane revenue and deliveries that drove up revenue. Airways and aircraft brands have benefited from a sharp recovery in air vacation, one particular of the most impacted industries from the Covid pandemic. But Boeing’s […]
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Financial institution of The united states downgrades Booking Holdings, claims you can find a lot more upside for this other travel inventory
It can be time to seem in other places in the vacation sector right after Reserving Holdings ‘ the latest gains, in accordance to Lender of The us. Analyst Justin Put up downgraded the inventory to neutral from get, saying you can find considerably less upside immediately after Booking’s latest outperformance. In its place, he […]
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FDA proposes new lead limits for baby food to reduce potential risks to children’s health
Jgi/jamie Grill | Tetra Images | Getty Images The Food and Drug Administration proposed new limits Tuesday on lead in baby food, in an effort to reduce exposure to a toxin that can impair childhood development. The lead limits apply to processed food consumed by children younger than two years old. In a statement, FDA […]
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Danaher’s stock drop looks like a buying opportunity after it reported a solid quarter
Life sciences and medical diagnostics company Danaher (DHR) reported better-than-expected earnings and revenue for the fourth quarter. We view the dip in the stock as unjustified and an opportunity. Revenue increased nearly 10% on a core basis to $8.37 billion, well above estimates of $7.9 billion, according to Refinitiv. Adjusted profit increased 6.7% to $2.87 […]
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Amazon adds generic prescription perk for Prime members
Amazon on Tuesday announced a new prescription perk for U.S. Prime members, hoping to boost subscriptions and attract users to its pharmacy service. The add-on, called RxPass, will allow Prime members to get as many drugs as they need from a list of 50 generic medications to treat more than 80 common chronic conditions, such […]
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