Business Highlights
___ Derided by critics, trickle-down economics gets another try WASHINGTON (AP) — Does money roll downhill?
Diabetes rises to more than 100 million in the US, costing $850 billion per year globally
The U.S. is dealing with a potential health epidemic as more than 114 million Americans are now living with diabetes or pre-diabetes, according to a report released by the Centers for Disease Control and Prevention (CDC).
Recalls this week: self-balancing scooters, crossbows
Thousands of self-balancing scooters, referred to as hoverboards, are being recalled this week because their batteries can overheat and explode.
US probes effectiveness of VW air bag wiring recall
U.S. safety regulators are investigating complaints that a Volkswagen recall may not fix a wiring problem that can stop the front driver's air bag from inflating in a crash.
Mitsubishi recalls small cars; air bags may not inflate
Mitsubishi is recalling nearly 84,000 small cars in the U.S. because the air bags may not inflate in a crash.
General Motors recalls trucks to fix potential fuel leaks
General Motors is recalling nearly 49,000 trucks worldwide to fix a fuel tank problem that increases the risk of a fire.
Consumers' market remake if 'Obamacare' mandate repealed
Millions are expected to forgo coverage if Congress repeals the unpopular requirement that Americans get health insurance, gambling that they won't get sick and boosting premiums for others.
Europe approves GlaxoSmithKline's new triple lung drug
Europe has approved GlaxoSmithKline's new three-in-one inhaler for chronic lung disease, which the group hopes will help it keep its lead in respiratory medicine despite falling sales of older drug Advair.
Business Highlights
___ Republicans set stage for crucial tax overhaul votes WASHINGTON (AP) — A sweeping tax overhaul has cleared a procedural hurdle in the House.
'Obamacare' mandate repeal would remake market for consumers
Millions are expected to forgo coverage if Congress repeals the unpopular requirement that Americans get health insurance, boosting premiums for others.
US denies Ford, Mazda bids to delay Takata recall decision
The U.S. government has denied requests from Ford and Mazda for more time to test Takata air bag inflators as the companies try to avoid massive recalls.
Retirement planning should include long-term care costs
Many Americans have a blind spot when it comes to retirement planning: long-term care costs.
USDA petitioned to include poultry in humane slaughter law
The U.S. Department of Agriculture has been asked by an animal rights group to require more humane treatment for turkeys, chickens and ducks as the animals are sent to slaughter.
Senate tax bill seeks to end ObamaCare individual mandate: What it means for you
The U.S. Senate Finance Committee amended its tax bill this week to include a provision that would repeal the ObamaCare individual mandate, a law requiring individuals to purchase coverage or pay a fine.
Vivitrol hailed as first non-narcotic to effectively treat opioid dependency, study finds
A new government-sponsored study shows Vivitrol is the first non-narcotic drug to work just as well as narcotic Suboxone for opioid dependence treatment.
Scotland becomes minimum alcohol price trailblazer in bid to boost public health
Scotland is to become one of the first countries in the world to introduce minimum alcohol pricing in an attempt to tackle a worsening public health problem with binge drinking.
More than 90% of Americans with prediabetes don't know it
November is National Diabetes Awareness Month
Bayer hires new blood to stem 'Amazon effect' in consumer health
German drugmaker Bayer has hired the head of Nestle's baby food business to help it reverse a drop in revenue from consumer health brands, which often fail to appeal to buyers on Amazon and other online platforms.
Senate GOP intent on scrapping health mandate in tax bill
As Republicans stake their claim to middle-class rescue in tax cut legislation deemed to carry tax hikes for millions, President Donald Trump plans an in-person appeal to lawmakers as the proposal faces a crucial vote in the House.
2 airlines drop hot food from LAX caterer hit by listeria
Delta Air Lines and Virgin Australia have stopped using a caterer at Los Angeles International Airport after listeria was found in the caterer's local kitchen.












