Health Care
Hundreds of generic drugs at center of probe into ‘largest cartel’ in US history
Generic drugs account for the majority of prescriptions filled in the U.S.
Healthcare
Altria's $1.8 billion Cronos bet gives marijuana industry lift
One of the world's largest tobacco companies is now in the budding marijuana business.
Nissan discloses more dubious inspections amid Ghosn arrest
Nissan, the Japanese automaker under scrutiny after its former chairman Carlos Ghosn was arrested on suspicion of financial misconduct, is recalling 150,000 vehicles spanning 11 models in Japan for dubious inspections for brakes and steering.
Business Highlights
___ Stocks plunge again as Huawei arrest renews China tensions NEW YORK (AP) — U.S. stocks clawed most of their way back from a deep slide Thursday that at one point had wiped out the market's gains for the year.
Drug company Actelion to pay $360M in kickback probe
A pharmaceutical company has agreed to pay $360 million to resolve allegations that it used a charitable foundation to pay kickbacks to Medicare patients.
Walgreens expands prescription delivery program nationwide
The move by Walgreens reflects the brick-and-mortar store chain's efforts to compete against Amazon.com.
Infant ibuprofen recalled from Walmart, CVS, Family Dollar stores
Tris Pharma recalled several lots after finding that it may contain a higher concentration of ibuprofen.
Major recall of infant ibuprofen sold at Walmart, CVS, Family Dollar
FBN's Cheryl Casone on Tris Pharma's recall of liquid ibuprofen for infants.
Amazon workers treated after bear repellent releases fumes
Authorities say 24 workers at an Amazon warehouse in New Jersey have been taken hospitals for treatment after bear repellant fell off a shelf and released fumes, including one person who is in critical condition.
Google's robotic spinoff launches ride-hailing service
Google's self-driving car spinoff is finally ready to try to profit from its nearly decade-old technology.
CVS offers 'guaranteed net cost' for pharmacy benefit clients
The new plan model is aimed at providing greater drug cost simplicity, predictability and transparency, CVS said.
Elm Pet Foods, others recall dog food over vitamin D
Elm Pet Foods is the latest maker of dog food to issue a recall over elevated levels of vitamin D, which can cause kidney failure at high enough levels.
More US beef being recalled over salmonella fears
More U.S. beef is being recalled because it may be contaminated with salmonella.
Here's how much the flu season could cost this year
“If the flu season continues to be as severe as the 2009 swine flu pandemic, productivity losses could hit $21 billion,” a report found.
Tribune Media, Amazon rise; GlaxoSmithKline, Discovery fall
Stocks that moved substantially or traded heavily Monday: Tribune Media Co., up $4.72 to $44.98 The TV station owner agreed to be acquired by Nexstar, four months after a bid from Sinclair Broadcast Group collapsed.
Can better cancer care lower company's health costs?
Cancer is one of the most expensive conditions to treat, driving about 20 percent of a company's healthcare spend.
GlaxoSmithKline to spend $5.1B on cancer drugmaker Tesaro
Shares of Tesaro soared early Monday after GlaxoSmithKline said it would pay about $5.1 billion in cash to buy the cancer drugmaker.
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