Health, Fitness & Food

Pharmaceutical giant Pfizer reported fourth-quarter earnings and revenue on Tuesday that beat Wall Street’s expectations but its guidance for 2019 disappointed investors. Shares of Pfizer fell more than 3 percent in premarket trading. Here’s how the company did compared with what Wall Street expected: Earnings: 64 cents per share vs. 63 cents per share forecast
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Walgreens Boots Alliance shareholders have instructed the company to explain how it’s monitoring and managing risks related to the opioid crisis, according to preliminary results announced Friday at Walgreens’ annual shareholder meeting. The measure requires Walgreens to prepare a report by June 30 detailing any changes the company has made to its corporate governance since
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J.P. Morgan CEO Jamie Dimon renewed his criticism of health care in the U.S. on Wednesday, saying Americans have some of the “worst outcomes” despite having the best system in the world, he told CNBC’s “Squawk Box.” “With health care, we have the best in the world — doctors, hospitals, pharma, you name it —
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Johnson & Johnson reported quarterly earnings and revenue that beat analysts’ expectations and gave its financial forecast for this year. Here’s what the company reported compared with what Wall Street was expecting, based on a survey of analysts by Refinitiv: Earnings per share: $1.97, adjusted, vs. $1.95 expected Revenue: $20.4 billion vs. $20.2 billion expected
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The Food and Drug Administration is exploring ways to help wean teenagers off nicotine as huge numbers of middle and high school students use Juul and other e-cigarettes. The uptick in vape usage has undercut and even eclipsed progress in reducing cigarette smoking, FDA Commissioner Scott Gottlieb says. Federal data showed teen use of e-cigarettes
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Food and Drug Administration Commissioner Scott Gottlieb warned on Friday that if the partial government shutdown persists, it will force the FDA to make “hard decisions” on preserving key functions of the agency. The FDA cannot accept any new funding during the shutdown, which entered its 28th day on Friday. That has forced the agency
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YouTube will clamp down on content that shows people engaging in dangerous activities or pranks that cause emotional distress. Google’s video sharing platform published guidelines on Tuesday to address a growing number of “dangerous” trends, including a recent spike in videos showing people attempting the “Bird Box challenge.” Inspired by the Netflix movie “Bird Box,”
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UnitedHealth shares jumped 1 percent in premarket trading Tuesday after it reported fourth-quarter earnings that beat Wall Street’s expectations, helped by growth in its services business. Here’s UnitedHealth’s results vs. what Wall Street expected: Earnings: $3.28 per share vs. $3.21 per share, forecast by Refinitiv. Revenue: $58.42 billion vs. $58.01 billion, forecast by Refinitiv. The
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The first research research on Apple’s Health Records service has just been released and shows that users have a favorable view of its capabilities, though it hasn’t been widely adopted. Researchers at the University of California San Diego Health, one of the first health systems to integrate with Apple’s health service, spent a few months
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Chinese telecom giant Huawei fired a sales director arrested in Poland on charges of conducting espionage on behalf of China, The Wall Street Journal reported on Saturday. Huawei, the world’s second largest maker of smartphones, further distanced itself from the employee, Wang Weijing, by issuing a statement that he had brought the company into “disrepute.”
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Tilray popped more than 20 percent Friday after its largest shareholder, a private equity fund backed by Peter Thiel, said it will not sell any of its remaining stake following the expiration of the marijuana grower’s IPO lock-up period next week. “Privateer Holdings strongly believes in Tilray’s long-term global growth strategy and pioneering role in
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Attendees at the annual J.P. Morgan Healthcare Conference, the industry’s largest annual event, unexpectedly got a taste of the government shutdown Tuesday. Food and Drug Administration Commissioner Scott Gottlieb’s keynote address was delivered via video conference from a meeting room in Washington, D.C. to thousands of investment bankers and health-care executives, and his audio cut
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Deal-making activity in the rapidly growing health-care sector is expected to rebound in 2019, a law firm said in a report Monday, but heavier regulation and political uncertainty cloud the future of mergers and acquisitions. Health care is an increasingly important part of the global economy as populations in a number of advanced economies such
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Since my company, Rock Health, began researching and tracking funding into the digital health space in 2011, we’ve reported steady growth nearly every year. 2018 was no different, with a massive $7.9 billion in venture filling start-ups’ coffers. But the signals we’re seeing — large, late-stage rounds at high valuations and shorter periods between early
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