A man smokes with the electronic tobacco heater IQOS (I quit ordinary smoking) of the tobacco company Philip Morris. Sebastian Kahnert | picture alliance | Getty Images Philip Morris International beat second-quarter earnings and revenue estimates while hiking its full-year forecast as its new tobacco products gain momentum. The tobacco giant is trying to pivot
Health, Fitness & Food
A 1959 Cadillac Coupe de Ville Bill Philpot | Getty Images The House is scheduled to vote Wednesday on a bill that would scrap Obamacare’s so-called “Cadillac tax,” an inactive provision of the health law meant to help control health-care spending. The tax, set to go into effect in 2022, is unpopular with both Republicans
Johnson & Johnson‘s profit jumped 42% in the second quarter, with all three of the sprawling health-care company’s businesses performing better than Wall Street expected. Here’s what the company reported compared with Wall Street estimates, based on a survey of analysts by Refinitiv: Earnings per share: $2.58, adjusted, vs. $2.46 expected Revenue: $20.56 billion vs.
Kevin Burns, CEO, JUUL, left, and CNBC’s Carl Quintanilla Source: CNBC Kevin Burns, CEO of Juul Labs — the maker of the bestselling e-cigarette in the U.S. and center of federal regulators’ crackdown into what they’re calling a teen vaping “epidemic” — has a message for parents whose children are addicted to his company’s products:
Nick Gregory, a 26-year-old manager, vapes on a JUUL at Botany Bay in Lexington, Ky. Charles Bertram | Tribune News Service | Getty Images A U.S. federal judge on Friday ordered the Food and Drug Administration to impose a 10-month deadline for the submission of e-cigarette applications, turning the screws on companies like Juul Labs
Bottles of Johnson & Johnson baby powder line a drugstore shelf in New York. Lucas Jackson | Reuters The Justice Department is pursuing a criminal probe into whether Johnson & Johnson lied about the possible cancer risks of its talcum powder, according to a Bloomberg report Friday. A grand jury in Washington is examining documents
Hemp plants are grown for medical research purposes in Chiang Mai province, Thailand. Taylor Weidman | Bloomberg | Getty Images With Thailand’s legalization of medical cannabis in February, some experts predict that other Southeast Asian countries may move to decriminalize the plant. If that happens, it could prove a significant opportunity for investors interested in
Leila Janah, a social impact entrepreneur, was diagnosed with cancer at 36 Leila Janah Leila Janah, 36, thought she was doing everything right. She started two tech companies with a strong sense of social mission, and she balanced that by exercising every day, eating well and seeing the doctor for regular check-ups. The last thing
Gail Koziara Boudreaux attends The Women’s Sports Foundation’s 39th Annual Salute To Women In Sports And The Girls They Inspire Awards Gala on October 17, 2018 in New York City. (Photo by Michael Loccisano/Getty Images for Women’s Sports Foundation) Michael Loccisano | Getty Images Entertainment | Getty Images Health insurance isn’t exactly known for its
The average life expectancy in the U.S. has been on the decline for three consecutive years. A baby born in 2017 is expected to live to be 78.6 years old, which is down from 78.7 the year before, according to data from the Centers for Disease Control and Prevention’s National Center for Health Statistics. The
Bojan Fatur | E+ | Getty Images Within weeks of giving birth, first-time mother Kyra Davis realized she was producing more milk than her baby needed. So she began storing it in her fridge and freezer at her San Francisco home. Davis had heard about the well-documented shortages at donor banks across the country. The
Democratic presidential candidate, former Vice President Joe Biden speaks to guests at the Rainbow PUSH Coalition Annual International Convention on June 28, 2019 in Chicago, Illinois. Scott Olson | Getty Images Joe Biden, former vice president and 2020 Democratic presidential hopeful, said Friday he would bring back the individual mandate, the penalty for not having
US President Donald Trump speaks to the media prior to departing from the South Lawn of the White House in Washington, DC, July 5, 2019. Saul Loeb | AFP | Getty Images President Donald Trump said Friday he’s preparing an executive order declaring a “favored nations clause” for drug prices, where the U.S. will pay
Beyond Meat’s “meatier” plant-based burger. Source: Beyond Burger A vegan with high cholesterol sounds almost as paradoxical as a hamburger without meat. However, not only do both of these exist, but they both share common ancestors – Beyond Meat and Impossible Foods. The health-conscious and environmentally woke populace of America has championed these two companies
Bruce Linton, co-CEO of Canopy Growth, said he was fired from the Canadian pot company he founded in 2013 in an interview with CNBC on Wednesday. Canopy, the world’s largest publicly traded cannabis company by market value, earlier Wednesday announced in a press release that Linton was removed as co-chief executive officer and a member
Researchers say they’re one step closer to finding a potential cure for HIV after successfully eliminated the virus in living mice for the first time. Using a combination of CRISPR gene editing technology and a therapeutic treatment called LASER ART, scientists at Temple University and the University of Nebraska Medical Center said they erased HIV
Support among many of the 2020 Democratic presidential hopefuls of government health care for undocumented immigrants may prove damaging in the eventual race against President Donald Trump, former Sen. Evan Bayh told CNBC on Monday. “That particular position may come back to haunt them in the general election,” said the Indiana Democrat who also served as
MoMo Productions | Getty Images When Laika Kayani started to lose her voice late one night last year, she picked up her iPhone and got connected to a doctor through a video-chat service called American Well. Kayani, who works at a health-tech company in San Francisco, used the app because her young son and husband
Elizabeth Holmes leaves U.S. District court in San Jose after a judge delayed her trial Adriana Conte Theranos founder Elizabeth Holmes walked out of federal court on Friday with a delay in her criminal fraud trial until 2020 — but she wouldn’t say if she walked down the aisle. Widespread media reports this month claimed
Investors should put their money in small- to mid-cap biotech stocks as rhetoric about changing the U.S. health-care system ramps up during the Democratic primary debate season, Jefferies analyst Michael Yee said Friday. “The big biotechs have to buy the big and small biotechs, and that’s where most [health-care] investors have been playing,” Yee said
Former FDA Commissioner Dr. Scott Gottlieb speaking at the Healthy Returns conference in New York City on May 21, 2019. Astrid Stawiarz | CNBC Scott Gottlieb, who stepped down as Food and Drug Administration Commissioner in April, will join Pfizer‘s board of directors, the company announced Thursday. Gottlieb resigned from the agency this spring after
Ulrich Baumgarten | Getty Images International researchers say there’s “strong evidence” the HPV vaccine prevents cervical cancer and should be expanded to boys and adults, according to a World Health Organization study published Wednesday in The Lancet. “Because of our finding, we believe the WHO call for action to eliminate cervical cancer may be possible
A person uses a Juul Labs electronic cigarette device in San Francisco, on Monday, June 24, 2019. David Paul Morris | Bloomberg | Getty Images San Francisco on Tuesday became the first city in the country to ban e-cigarettes after city officials approved an ordinance that prohibits selling nicotine pods or devices that haven’t been
Defense attorney Larry Ottaway speaks during opening arguments on the first day of a trial of Johnson & Johnson over claims they engaged in deceptive marketing that contributed to the national opioid epidemic in Norman, Oklahoma, U.S. May 28, 2019. Sue Ogrocki | Reuters An Oklahoma judge Monday approved Teva Pharmaceuticals‘ revised $85 million settlement
Tourists rest at Bavaro beach, in Punta Cana, Dominican Republic, on January 16, 2012. Erika Santelices | AFP | Getty Images Over 2 million Americans travel to the Dominican Republic every year, but following a number of mysterious deaths on the island, tourists are rethinking whether they want to travel there. So far nine Americans
Image Source | Getty Images Dietary advice seems to change every decade. Fat is bad, then suddenly it’s good again. Nowadays, for many people, carbs are the enemy. But it turns out that healthy dietary guidelines can’t be boiled down into simple rules. A new crop of studies, which leverage the latest health testing and
CNBC’s Jim Cramer said Thursday that the life sciences sector is in “raging bull” mode, especially in the instrument manufacturing market. “The life science stocks have caught fire, and while some of that has to do with a rotation, what’s really going on here is Thermo Fisher and Danaher are both incredibly well-run companies that
Bottles of Johnson & Johnson baby powder line a drugstore shelf in New York. Lucas Jackson | Reuters A California jury on Wednesday ruled in favor of a plaintiff who blamed her cancer on talcum-based products made by Johnson & Johnson and Colgate-Palmolive. Plaintiff Patricia Schmitz will be awarded $4.8 million in damages from each