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FDA plans first public hearings on legalizing CBD foods in April

Zach Gibson | Getty Images FDA Commissioner-designate Scott Gottlieb testifies during a Senate Health, Education, Labor and Pensions Committee hearing on April 5, 2017 at on Capitol Hill in Washington, D.C. The Food and Drug Administration will hold its first public hearings on CBD in April as the agency weighs …

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US House lawmaker faults FDA chief for lax oversight of teen vaping

Toya Sarno | Bloomberg | Getty Images Scott Gottlieb, commissioner of the Food and Drug Administration (FDA) listens during a House Oversight and Investigations Subcommittee hearing in Washington, D.C., U.S., on Thursday, March 8, 2018. U.S. Rep. Nita Lowey criticized Food and Drug Administration Commissioner Scott Gottlieb for delaying a …

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Amazon backs out of Rainier Square tower in Seattle: Geekwire

Leonard Ortiz | Digital First Media | Getty Images Jeff Bezos, founder and CEO of Amazon, speaks to a group of Amazon employees that are veterans during an Amazon Veterans Day celebration on Monday, November 12, 2018. Amazon is cutting back on its expansion plans in its hometown of Seattle, …

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Mattel is going to make a View-Master movie

Getty Images Three generations of a View-Master ‘3-D Viewer’ are seen displayed in this photograph from Fisher-Price. With more than one billion View-Masters sold, Fisher-Price, a subsidiary of Mattel, is celebrating the 65th anniversary of the ‘3-D Stereoscopic Photography Viewer’ this year. Mattel is bringing another classic toy property to …

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GE shares rise as analysts say insurance business risks ‘contained’

Aly Song | Reuters A man takes a picture of a General Electric (GE) engine during the China International Import Expo (CIIE), at the National Exhibition and Convention Center in Shanghai, China November 6, 2018. General Electric shares rose in premarket trading Wednesday after Wall Street analysts said the company’s …

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Senate panel grills AbbVie CEO over bonuses tied to sales of Humira

Bloomberg | Bloomberg | Getty Images Richard Gonzalez, chairman and chief executive officer of AbbVie Inc., listens during a Senate Finance Committee hearing on drug pricing on Capitol Hill in Washington, D.C., U.S., on Tuesday, Feb. 26, 2019. A senate panel on Tuesday grilled AbbVie Chairman and CEO Richard Gonzalez …

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Win for both even if progress is limited in Vietnam

Lilian JY | CNBC Art work on display in Hanoi, Vietnam, ahead of U.S. President Donald Trump’s meeting with North Korean leader Kim Jong Un U.S. President Donald Trump and North Korean leader Kim Jong Un will both gain politically from their meeting in Vietnam this week — even if …

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Vietnamese carriers VietJet, Bamboo sign deals for 110 Boeing jets

Linh Luong Thai | Bloomberg | Getty Images Passengers disembark a VietJet Air aircraft, operated by VietJet Aviation Joint Stock, at Tan Son Nhat International Airport in Ho Chi Minh City, Vietnam. Vietnamese carriers VietJet and Bamboo Airways on Wednesday signed deals with Boeing to buy 110 planes worth more …

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Sanofi, Regeneron lose US patent challenge to Amgen’s cholesterol drug

Ricardo Dearatanha | Los Angeles Times | Getty Images A research associate performs a buffer exchange for protein formulation at AMGEN, a drug research and development laboratory. Biotech company Amgen said on Monday a U.S. jury confirmed the validity of patents on its cholesterol drug Repatha, rejecting a challenge by …

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Macy’s said these are the five areas where it plans to invest in 2019

Stephanie Diani | AP Macy’s at Chula Vista Center prepares for the Grand opening of its off-price shopping experience, Macy’s Backstage, on Wednesday, Sept. 12, 2018 in Chula Vista, Calif. Then, Macy’s said it will work more closely with top vendors this year with the goal of getting hot items …

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