Market leading e-cigarette company Juul is halting sales of its popular mint flavor, following the release of two damaging studies this week that showed the company’s role in a dramatic spike in teen use, Juul announced Thursday. Studies published Tuesday in the Journal of the American Medical Association found that more than half of teens… Read More »
Woman shops for groceries. Twenty20 Walmart continues to lead the U.S. grocery sector, but the gap with its rivals is narrowing, and pressure on profits is rising, according to a new report from Loop Capital Markets. Walmart has a 22% share of the $ 847 billion U.S. grocery industry, according to analyst Andrew Wolf. The… Read More »
People walk by a CVS Pharmacy store in the Manhattan borough of New York City, New York, U.S., November 30, 2017. REUTERS/Shannon Stapleton (Reuters) – CVS Health Corp said on Saturday it will discontinue sales the popular Zantac heartburn treatment and its own generic ranitidine products from its pharmacies after traces of a known carcinogen… Read More »
WASHINGTON (Reuters) – Walmart Inc (WMT.N) told staff on Friday it will stop selling e-cigarettes and electronic nicotine delivery products at its U.S. stores, amid a growing crackdown on surging teenage use of such products, reports of vaping-related lung disease and some deaths. FILE PHOTO: Walmart’s logo is seen outside one of the stores in… Read More »
Johnson & Johnson multiple myeloma drug Darzalex hasn’t stopped rolling since hitting the market. After picking up its first nod in previously untreated patients last May, the drug added a second indication in new patients on Thursday—and its sixth overall. The FDA cleared the product in combination with Celgene’s Revlimid and dexamethasone for patients who… Read More »