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Watchdog Fines Ernst & Young $2M over Audits

The watchdog board for corporate auditors on Wednesday said it has imposed a $2 million penalty, its largest fine ever, on accounting and consulting firm Ernst & Young LLP in a settlement involving past audits of Medicis Pharmaceutical Corp.

Merck Profit Beats as Research Trimmed

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Merck & Co. on Thursday reported better-than-expected fourth-quarter earnings, helped by a decrease in research spending, and predicted relatively flat 2012 results as the No. 2 U.S. drugmaker girds for cheaper generic forms of its biggest product, asthma drug Singulair.
Merck's fourth-quarter expectations top expectations

Merck's 4Q Tops Expectations, R&D Costs Down

Merck & Co (MRK.N) on Thursday reported better-than-expected fourth-quarterearnings, helped by a decrease in research spending, and predicted relatively flat 2012 results as the No. 2 U.S. drugmaker girds for cheaper generic forms of its biggest product, asthma drug Singulair.
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McRib Returns

Why the McRib is Unhealthy for You

The craze for McDonald's limited time offer of the McRib has begun again, but consumers might want to take a look at some of the item's ingredients before running out to order one.
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Regenerated Lungs from Stem Cells Bring Possible Therapy

In a first, researchers used regenerative stem cells to repair fragile damaged lungs in mice previously infected by a nasty strain of H1N1 influenza. The results could lead to new therapies for asthma, chronic bronchitis and emphysema in humans.
Chris Christie

Obesity Debate Rages on Talk of Christie White House Bid

Speculation that New Jersey Governor Chris Christie will enter the U.S. presidential race has led to a feverish debate about the possibility of having the fattest man in the White House since the corpulent William Howard Taft squeezed behind the big desk in the Oval Office.
U.S. long-distance swimmer Diana Nyad starts her attempt to swim to Florida from Havana

U.S. Swimmer Nyad Ending Cuba-Florida Crossing

U.S. long-distance swimmer Diana Nyad decided on Sunday to abandon her third attempt to swim from Cuba to Florida after being stung overnight in the face and eyes by jellyfish, her team said.
Inhaler

Asthma Inhalers to Become Prescription-Only

Environmentalists can breath a little easier after the Food and Drug Administration announced that it was banning over-the-counter asthma inhalers, citing hazardous chemicals the spray emits.
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Deaths of Children Due to Flu can be Prevented: CDC

The lives of 115 children, who died between September 1, 2010 and August 31, 2011, could have been saved if the children had been given influenza vaccine, says the U.S. Centers for Disease Control and Prevention

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