Possible liver injury added to label of Biogen MS drug
The prescribing label for Biogen Inc's big-selling oral multiple sclerosis drug Tecfidera has been updated to include a warning of potential liver injury that could require hospitalization, the company said on Wednesday.
However, the updated label says signs of liver injury resolved when those patients stopped taking the medicine.
Tecfidera, the world's top-selling...
Samsung Galaxy Note 7 Crisis Signals Problems at Korea Inc.
SEOUL, South Korea — Before a world audience watching online, Samsung on Monday offered details and schematics showing how its Galaxy Note 7 smartphone went from cutting-edge technology to a costly, combustible failure.
But for many of the company’s critics, the most interesting part of the presentation was what Samsung did not say: How could such...
A flawed medical device, a troubling response
This past fall, an investment firm rattled the health care industry with unsubstantiated claims of multiple software vulnerabilities in internet-connected pacemakers and cardiac defibrillators.
But it took federal authorities who regulate medical devices four months to acknowledge only one of the alleged defects, and for the company, St. Jude Medical, to patch...
L.A. Now California: This just in L.A. County names new interim coroner as troubled agency seeks permanent chief
The Los Angeles County Board of Supervisors on Thursday appointed a longtime deputy in the coroner’s office to the role of acting chief medical examiner-coroner.
Dr. Christopher Rogers becomes the second interim leader to helm the troubled agency as it grapples with a staffing shortage, case backlog and an anticipated lapse in...
In Navient Lawsuits, Unsettling Echoes of Past Lending Crisis
A man in Boston rolled several student loans into one, and his balance doubled overnight, with no explanation.
Near Chicago, a 39-year-old former graduate student who had a financial windfall sent in a $10,000 check to pay off his loans — and the payment was promptly lost.
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FDA proposes studies on deceptive ads to gauge doc and patient perceptiveness
Can doctors and patients suss out misleading information in drug ads? That’s what the FDA wants to find out. In a proposed pair of studies, the agency will look at healthcare providers' and patients' responses to determine their ability to detect different levels and types of deception.
The proposal was posted in the Federal...
GM to pay $1M fine to SEC in ignition switch resolution
General Motors Co. said Wednesday it will pay a $1 million civil penalty as part of a settlement with the U.S. Securities and Exchange Commission related to the regulator’s investigation into the automaker’s ignition switch recall.
The Detroit automaker said it is consenting to an administrative cease and desist order with the...
JPMorgan pays $55M to settle mortgage discrimination lawsuit
JPMorgan Chase agreed to a $55 million settlement with the government over allegations that it discriminated against "thousands" of African American and Latino mortgage borrowers, it was disclosed Wednesday.
The bank's independent brokers charged minority borrowers higher mortgage interest rates and fees during from 2006 to 2009, compared to "similarly situated white borrowers," according to a government lawsuit filed...
Deutsche Bank and Justice Dept. Complete Deal on Mortgage Crisis
The Justice Department completed a deal with Deutsche Bank on Tuesday that will require the bank to pay $7.2 billion for its sale of toxic mortgage securities in the run-up to the 2008 financial crisis, the department said.
The settlement calls on Deutsche Bank to pay a civil penalty of $3.1 billion and provide $4.1...
Amid concerns, why do we even have baby powder anymore?
For decades, a staple of many parents' changing tables was a container of baby powder, but as with many child-rearing recommendations some pediatricians now recommend avoiding the product completely.
The American Pediatric Association recommends against using baby powder, initially over concerns that talc, which was used in some products but has been...