business news
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 […]
Read More
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 […]
Read More
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 […]
Read More
Jim Cramer’s Investing Club meeting Tuesday: J&J, Danaher, AMD
Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Tuesday’s key moments. Buy JNJ while it’s down Look to buy Danaher Wait to buy AMD 1. Buy JNJ while it’s down Shares of Johnson & Johnson (JNJ) slipped more than 1% Tuesday […]
Read More
The FDA’s power to approve drugs faces sweeping challenge in lawsuit seeking to pull abortion pill from U.S. market
Mifepristone (Mifeprex) and Misoprostol, the two drugs used in a medication abortion, are seen at the Women’s Reproductive Clinic, which provides legal medication abortion services, in Santa Teresa, New Mexico, on June 17, 2022. Robyn Beck | AFP | Getty Images The Food and Drug Administration is squaring off with anti-abortion physicians in an unprecedented […]
Read More
Monterey Park suspect might have been targeting his ex-spouse in the mass capturing, mayor suggests
The gunman at the rear of the deadly dance hall taking pictures in the Los Angeles suburb of Monterey Park may have been targeting his ex-wife on the Lunar New Calendar year, the California city’s mayor said Monday. That revelation arrived as the loss of life toll from Saturday’s taking pictures climbed to 11, with at minimum […]
Read More
Supreme Courtroom punts on Texas and Florida social media circumstances that could upend platform moderation
The Supreme Court docket of the United States making are viewed in Washington D.C., United States on December 28, 2022. Celal Gunes | Anadolu Agency | Getty Photos The Supreme Court docket delayed a decision on whether to acquire up a pair of instances difficult social media legislation in Texas and Florida that could upend […]
Read More
Tax season starts with boosted IRS workforce, new technology as agency begins to deploy $80 billion in funding
kate_sept2004 | E+ | Getty Images Tax season kicked off for individual filers Monday with a bigger IRS customer service team and enhanced technology as the agency begins to deploy its nearly $80 billion in funding. Over the past several months, the IRS has hired 5,000 new customer service staff, aiming to “significantly increase” the […]
Read More
S&P 500 bumps up towards bear-sector craze line that has thwarted it in the past
So you happen to be stating there is a probability? Market self-assurance that the Fed is just about completed – reinforced by the statistical trappings of a recession in ready – is combining with an over-all good degree of financial exercise and companies trying to defend revenue margins. All even though an less than-invested investment […]
Read More
Amazon expands air cargo support to India even as business cuts expenses
A huge body plane emblazoned with Amazon’s Key logo lands at Lehigh Valley International Airport in Allentown, Pennsylvania, U.S. December 20, 2016. Photo taken December 20, 2016. To match Insight AMAZON.COM-Shipping and delivery/ REUTERS/Mark Makela REUTERS/Mark Makela Amazon on Monday declared it’s bringing its air cargo functions to India, marking fresh development for the company’s […]
Read More