FTC launches investigation into infant formula shortage

A woman shops for baby formula at Target in Annapolis, Maryland, on May 16, 2022, as a nationwide shortage of baby formula continues due to supply chain crunches tied to the coronavirus pandemic that ...

CDC says monkeypox doesn’t spread easily by air: ‘This is not Covid’

The Centers for Disease Control and Prevention wants to calm public anxiety over how the monkeypox virus is transmitted, emphasizing that it doesn’t spread that easily through the air because it...

Monkeypox cases are driving up stock prices for these companies

Growing concern about the emergence of monkeypox in Europe and the U.S. has sent shares of several vaccine and drug companies soaring. Though infections are rarely reported outside of Central and West...

NIO Has Good News for Tesla. Production Is Recovering After Covid-19 Lockdowns.

Text size Shares of electric-vehicle maker NIO are down 25% since the end of March. Lintao Zhang/Getty Images Chinese Covid-19 lockdowns have hurt electric-vehicle sales and production since late Marc...

The Great Resistance is here. Companies and employees are in a battle of wills over returning to the office.

Amy Faust Liggayu, 32, a market-research project manager based in Tinley Park, Ill., and mother of a 7-month-old son, never imagined she would have a life where she could spend five days a week with h...

This Half-Built Ohio Factory Shows How Peloton Mismanaged the Pandemic

In a northwest Ohio industrial park, up the highway from a new Amazon.com Inc. warehouse and a soon-to-open solar-panel plant, Peloton Interactive is building a million-square-foot factory that it wil...

Nvidia’s data-center sales likely to eclipse gaming — that might not be a good thing

Nvidia Corp.’s data-center sales are expected to edge out its gaming sales in fiscal first-quarter results, as demand from server farms remains high and gaming interest has subsided from rabid levels ...

World Health Organization confirms 80 cases of monkeypox with outbreaks in 11 countries

This 2003 electron microscope image made available by the Centers for Disease Control and Prevention shows mature, oval-shaped monkeypox virions, left, and spherical immature virions, right, obtained ...

Novavax Gets a Sell Rating. It’s Got a Covid Vaccine Problem, Analyst Says.

Text size A healthcare worker prepares a dose of Nuvaxovid vaccine. Jeroen Jumelet/ANP/AFP via Getty Images Novavax stock was dropping Friday after receiving a Sell-equivalent rating — the first since...

CDC urges older Americans to get booster shots as hospitalizations soar

Shana Alesi administers a second COVID-19 booster shot to Army veteran Robert Hall at Edward Hines Jr. VA Hospital on April 01, 2022 in Hines, Illinois. Scott Olson | Getty Images The Centers for Dise...

Dr. Scott Gottlieb says rising monkeypox cases suggest it’s spread ‘pretty wide’

The rising number of monkeypox cases in the U.S. and Europe suggest the virus has already spread widely across communities, but it won’t likely cause a major epidemic like Covid, Pfizer board me...

The technician who called the 2020 market bottom says a ‘shocking rally’ is in store

It’s been a terrible week in an awful year for the stock market. Walmart WMT, -0.82%, Target TGT, -0.62%, and Tencent 700, +3.53% each reported disappointing results to add fuel to the worries about i...

Monkeypox virus case confirmed in Massachusetts

Health officer uses a thermal head to detect a monkeypox virus on arriving passengers at Soekarno-Hatta International Airport in Tangerang near Jakarta, Indonesia on May 15, 2019. Jepayona Delita | Fu...

CDC panel recommends Pfizer booster for children ages 5 to 11

The Centers for Disease Control and Prevention’s independent vaccine experts recommended a Pfizer Covid booster shot for children ages 5 to 11 on Thursday, as infections rise across the country ...

‘A dereliction of duty:’ U.S. lawmakers grill FDA commissioner over baby formula shortage 

Robert Califf testifies during the Senate Health, Education, Labor and Pensions Committee hearing on the nomination to be commissioner of the Food and Drug Administration on Tuesday, Dec. 14, 2021. Bi...

CDC probing 180 cases of kids with acute hepatitis of unknown cause

The Centers for Disease Control and Prevention (CDC) headquarters in Atlanta, Georgia. Tami Chappell | Reuters The Centers for Disease Control and Prevention is now investigating 180 cases of children...

Senate panel investigates Abbott tax practices after contamination shut down baby formula plant

The Senate Finance Committee on Wednesday opened an investigation into Abbott Labs, the company at the center of a baby formula shortage in the U.S. Committee Chairman Sen. Ron Wyden, D-Ore., sent a l...

U.S. faces unnecessary deaths if Congress fails to pass funding bill

Top U.S. health officials on Wednesday reiterated their calls for Congress to pass funding for the nation’s fight against Covid-19, warning that failure to act now would result in an unnecessary...

House Democrats to hold hearings, introduce legislation

House Democrats will hold hearings on the baby formula shortage in the U.S., and move to pass legislation to increase Food and Drug Administration inspection staff to ensure that imported products are...

FDA authorizes Pfizer Covid booster dose for kids ages 5 to 11 years old

The Food and Drug Administration on Tuesday authorized a third shot of Pfizer‘s Covid vaccine for children ages 5 to 11 at least five months after their two-dose primary series. Dr. Peter Marks,...

WHO calls for probe into Russia attacks on Ukraine health facilities

CHERNIHIV, UKRAINE – MAY 09: A healthcare professional searches for medicines and medical equipment in a destroyed hospital as Russian attacks continue in Chernihiv, Ukraine on May 09, 2022. Pat...

The Companies Cutting Staff, Freezing Hiring or Slashing Costs: See the List

Companies which saw substantial growth during the Covid-19 pandemic are starting to take a more cautious approach toward hiring and spending. From Peloton Interactive Inc. and Meta Platforms Inc. to T...

Novavax confident Covid vaccine will receive FDA authorization in June after delays

Novavax is confident its Covid-19 vaccine will receive the endorsement of the Food and Drug Administration’s advisory committee early this summer, executives said this week. The FDA committee is...

U.S. to boost baby formula imports to ease shortage after Abbott Nutrition recall

Baby formula is offered for sale at a big box store on January 13, 2022 in Chicago, Illinois. Scott Olson | Getty Images The U.S. will increase baby formula imports as part of an effort to ease a nati...

NIH licenses key Covid vaccine technology to WHO so other countries can develop shots

President Joe Biden on Thursday said the U.S. has licensed a key technology used in the current Covid-19 vaccines to the World Health Organization, which would allow manufacturers around the world to ...

WHO says omicron BA.4 and BA.5 subvariants have spread to over a dozen countries

coronavirus impact business and economy Mf3d | E+ | Getty Images Omicron subvariants BA.4 and BA.5 have been detected in more than a dozen countries, helping fuel sporadic Covid outbreaks across the w...

J&J names Thibaut Mongon as CEO of spin-off consumer health company

Signage is displayed outside of Johnson & Johnson headquarters in New Brunswick, New Jersey, Aug. 1, 2020. Mark Kauzlarich | Bloomberg | Getty Images Johnson & Johnson on Wednesday announced t...

U.S. gun homicides reached highest level in 25 years during Covid pandemic, CDC says

Gun homicides in the U.S. reached their highest level in more than 25 years during the Covid-19 pandemic, according to the Centers for Disease Control and Prevention. Homicides from guns rose 35% duri...

Oklahoma clinic will shut down if Supreme Court ends Roe v. Wade

A surgical tech and recovery room staff member, walk a patient from Texas to the recovery room following her abortion at the Trust Women clinic in Oklahoma City, U.S., December 6, 2021. Evelyn Hockste...

Novavax posts first quarterly profit, but misses expectations

Shares of Novavax Inc. dropped more than 6% in the extended session Monday after the biotech company reported its first profitable quarter, but not by as much as Wall Street expected, and its sales we...

Covid Novavax (NVAX) Q1 2022 earnings

Rafael Henrique | LightRocket | Getty Images Novavax on Monday reported its first profitable quarter as its Covid vaccine rolls out across several countries around the world, though the company still ...

U.S. will limit Covid vaccines to high-risk people this fall if Congress doesn’t approve more funding

The U.S. will have to limit the next generation of Covid vaccines this fall to individuals at the highest risk of getting seriously sick from the virus if Congress fails to approve funding to purchase...