Emac's Bottom Line

FDA Urged to Fine Drugmakers Over Ads

Public Citizen sent a letter to the drug promotion overseer at the Food and Drug Administration urging it to pull ads for five Type 2 diabetes drugs because it claims the ads promote benefits that have not been approved by the agency.

EXCLUSIVE: Gov't Warned Premera Weeks Before Hack

FOX Business has obtained a federal audit of Premera Blue Cross’s cybersecurity in which the federal government warned Premera that it was at risk of a cyber attack on April 17, 2014, weeks before the health insurer was hacked. Premera’s cyber attack occurred on May 5, 2014 but was discovered in late January of this year.

Health-Reform Battle Over Contraception Heats Up

Under the new health care law, businesses and insurers must cover a range of women's health services, including birth control and abortifacients, without co-pays or deductibles. But that’s got religious objectors in an uproar, including the Roman Catholic church and owners of private businesses.

Standard Chartered to Pay $340M Fine

Standard Chartered has agreed to pay a fine of $340 million to the New York Department of Financial Services after superintendent Benjamin M. Lawsky charged the bank with hiding more than 60,000 financial transactions amounting to more than $250 billion for Iranian state-owned banks.