Steven D Starr | Corbis | Getty ImagesProfits for major U.S. tobacco companies could be cut in half if the Food and Drug Administration adopts a "maximum nicotine" rule within the next 15 years, according to analysts at Morgan Stanley.The FDA is set to publish in October its proposed...
Pillsbury® Best 5 lb. Bread FlourSource: FDAADM Milling Co. is recalling its third brand of flour, Pillsbury, as part of an ongoing outbreak of E.coli, according to the Food and Drug Administration.The company is recalling about 4,620 cases of Pillsbury Best 5-pound Bread Flour that were distributed in Connecticut,...
Big Health CEO Peter Hames wants people to use his app to treat their insomnia — and then delete it for good.His app, Sleepio, essentially works by leveraging an approach known as cognitive behavioral therapy, which aims to give users the tools to manage their own thought patterns differently...
My dad reluctantly tried a Juul e-cigarette six months ago. He now likes it so much he won't give it up.I bought my dad a Juul in November as an experiment to see if it would help him kick his longstanding cigarette habit. After a little over a...
Cisco CEO Chuck Robbins speaks at the 4th World Internet Conference in Wuzhen, China, in December 2017.- | AFP | Getty ImagesCisco is teaming up with telemedicine provider American Well on a project to convert people's television sets into a virtual medical office.The tech giant in the early...
Zoe Barry, CEO and co-founder, ZappRxSource: Zoe Barry Medical software company Allscripts has bought ZappRx, a start-up that aimed to modernize how people access prescription medicines, say two people familiar with the deal, the company confirmed on Thursday.ZappRx raised more than $40 million from investors ranging from GV,...
Larry Culp, CEO, General ElectricScott Mlyn | CNBCGE Ventures is looking for a buyer for its portfolio of more than 100 start-ups, according to people familiar with the matter, as parent company General Electric tries to orchestrate a turnaround and get its debt problem under control.The venture arm,...
Facebook's blood donor tool.FacebookFacebook on Wednesday began rolling out a tool that helps inform Americans that nearby blood banks need donations. If you sign up for it, you'll be alerted when one of Facebook's blood bank partners in your area needs a specific kind of blood donor.The tool...
Bernard Charles, chief executive officer of Dassault Systemes SA.Simon Dawson | Bloomberg | Getty ImagesFrench technology company Dassault Systèmes is nearing a deal to acquire Medidata Solutions, according to people familiar with the matter.The likely agreement was reported earlier by Bloomberg, which also published a story in April saying...
Former Theranos COO Sunny Balwani and his attorneys leave the San Jose federal courthouse on June 10, 2019.Yasmin KhorramSunny Balwani, the former chief operating officer and president of Theranos, will fight the criminal fraud charges against him, his attorney told CNBC on Monday. "We're going to fight it,"...