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FDA approves new pancreatic cancer drug that could extend patients’ lives

The Food and Drug Administration on Wednesday approved a groundbreaking new drug for advanced pancreatic cancer, offering U.S. patients a more effective treatment against one of the deadliest types of cancer. FDA officials gave expedited approval to the first-of-a-kind pill, called daraxonrasib, which blocks a mutated protein that fuels tumor growth in more than 90%…

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Redfin and Zillow must change unlawful agreement that hurts competition, FTC says

Redfin and Zillow must amend a commercial agreement the real estate firms struck last year because it weakened competition in the home rental market and harmed consumers, federal regulators said on Monday. The settlement, announced Monday by the Federal Trade Commission, resolves an antitrust lawsuit the agency filed last year. The FTC alleged that Zillow paid…

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Drug mix-up at Nashville hospital causes complications in 4 patients

Tennessee authorities are investigating after a drug mix-up at a Nashville hospital caused patients to experience complications during what should have been routine surgeries.  The error occurred at Ascension Saint Thomas Midtown on Friday, Aug. 14. CBS affiliate WTVF reported that four patients had received doses of potassium instead of standard pain drugs while undergoing…

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Moderna stock more than doubles after melanoma vaccine trial shows “landmark moment”

Drugmaker Moderna’s stock more than doubled on Wednesday morning after the company announced a successful experimental mRNA vaccine to treat melanoma, the deadly skin cancer from which more than 8,500 people are expected to die this year. Moderna and Merck, its drug development partner, said the novel treatment prevented melanoma from returning or spreading in a…

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IRS proposal would force nonprofits to disclose fraud or terrorism convictions of leaders

Washington — The Trump administration is weighing a proposal to require nonprofits to disclose in their annual tax filings whether their top officials have been convicted of certain financial or terrorism-related crimes, sources with direct knowledge of the matter told CBS News. The IRS disclosure requirement would be added to the Form 990, the annual…

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Flock CEO apologizes for cases where surveillance technology was abused as company rolls out changes

The CEO of surveillance technology company Flock Safety apologized Thursday for instances where its data was misused by law enforcement officers and discussed changes the company is rolling out to its systems. Following a Washington Post report that police officers were accused in 46 cases of improperly using access to Flock’s license plate camera network,…

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