Health

Short-seller Jim Chanos told CNBC on Thursday that he’s taken positions against health-care stocks Envision Healthcare and Mednax. “I’m betting these companies might be worth nothing,” the founder Kynikos Associates told CNBC’s “Squawk Box,” adding the health-care companies “are not even close to profitable.” He said he’s been short Envision …

Brianna Soukup | Portland Press Herald | Getty Images Ryan Purington, an employee at Lucky Juju, holds a JUUL vape in his hand. The store started stocking the vapes last month and Purington said that they are ‘flying off’ the shelves because they are discreet, easy to use and powerful. …

The nation’s hospitals last year found themselves more cash-strapped than any time since the 2008 financial crisis and the outlook is not expected to get any better over the next year, according to new preliminary data from Moody’s Investors Service. At not-for-profit and public hospitals, median operating cash flow margins, …

Michael Nagle | Bloomberg | Getty Images Traders work beneath monitors displaying Eli Lilly & Co. signage on the floor of the New York Stock Exchange (NYSE) in New York, U.S., on Monday, May 23, 2016. Eli Lilly shares fell nearly 3 percent in premarket trade on Tuesday despite beating …

Source: Walgreens Walgreens has installed 600 drug disposal kiosks to its stores since 2016. It’s partnering with AmerisourceBergen, the Blue Cross Blue Shield Association, Pfizer and Prime Therapeutics to add 900 more. If you have leftover pain pills or other prescription drugs, you should get rid of them. Kids and …

Courtesy of ARMI Biofabusa The BioAssemblyBot can 3D print advanced tissue structures for the biofabrication of human tissue and organs. To try to achieve that same level of success, he has enlisted NIST to help form standards that keeps work in the field focused — a key requirement in getting …

Eric Thayer | Bloomberg | Getty Images Alex Azar, secretary of Health and Human Services A spokeswoman says U.S. health secretary Alex Azar is back in the hospital for additional treatment and observation. He’s been diagnosed with a painful bowel condition called diverticulitis. Health and Human Services Department spokeswoman Caitlin …

Daniel Acker | Bloomberg | Getty Images An employee walks near an Abbott Laboratories sign at the company’s headquarters complex in Abbott Park, Illinois. Abbott Laboratories reported better-than-expected quarterly profit and sales, helped by growth across its businesses and device launches. The diversified health-care company reported net earnings of $418 …

Jay Laprete | Bloomberg | Getty Images The headquarters of Cardinal Health in Dublin, Ohio. Drug distributor and drugstore stocks rose after CNBC reported Amazon Business has shelved a plan to sell drugs to hospitals. Amazon Business, which sells bulk items to business customers, scrapped the plan after considering it …

Emile Wamsteker | Bloomberg | Getty Images Pedestrians walk across the street from a Merck & Co. facility in Summit, New Jersey Incyte said on Friday an independent committee concluded that its drug for a type of skin cancer in combination with Merck’s Keytruda failed to meet the main goal …