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  • Obama: FAA took 'prudent action' on Israel flights Thursday, 24 Jul 2014 | 5:49 PM ET

    He noted that the FAA ban came on the heels of last week's downing of a passenger jet by a missile in eastern Ukraine. Obama says that before lifting the ban, the FAA worked with Israel on a "checklist of concerns and mitigation measures" to ensure the safety of U.S. airlines. The FAA said the ban was imposed out of concern for the risk of planes being hit by Hamas rockets.

  • FDA reviewing what could be first biosimilar drug Thursday, 24 Jul 2014 | 3:41 PM ET

    Nearly five years after Congress passed a law enabling future approval of biosimilars, for the first time the FDA has accepted an application to sell a similar, but not identical, version of a biologic drug.

  • Reversing a lower court ruling, the 2nd U.S. Circuit Court of Appeals in New York said the FDA was empowered to reject two citizen challenges to its policy, which discourages but does not ban the use of penicillin and some tetracyclines in feed for chickens, cows and pigs, even if they are not sick.

  • Reversing a lower court ruling, the 2nd U.S. Circuit Court of Appeals in New York said the FDA was empowered to reject two citizen challenges to its policy, which discourages but does not ban the use of penicillin and some tetracyclines in feed for chickens, cows and pigs, even if they are not sick.

  • Senior US Homeland Security cyber official to retire Thursday, 24 Jul 2014 | 8:06 AM ET
    Director of Homeland Security Department's National Cybersecurity and Communications Integration Center Larry Zelvin testifies before the House Energy and Commerce Subcommittee on protecting consumer information, in Washington.

    Larry Zelvin, the Homeland Security head who helped secure banks from cyberattacks and erect defenses after the Target breach, is retiring.

  • Cruz demands answers on FAA flight ban to Israel Thursday, 24 Jul 2014 | 12:30 AM ET

    Ted Cruz vowed Thursday to continue blocking confirmation of a series of ambassadorial and other diplomatic nominees despite the Federal Aviation Administration lifting a ban on U.S. airline flights to Israel.

  • FDA approves new painkiller from OxyContin maker Wednesday, 23 Jul 2014 | 5:45 PM ET

    FDA regulators approved the drug for daily, round-the-clock pain that does not respond to other medications. The FDA notes that Targiniq can still be abused by simply swallowing the tablets, the most frequent method of painkiller abuse. The FDA has been under intense public pressure to combat the national epidemic of prescription opioid abuse.

  • FDA warns of compounded drug recall by Texas firm Wednesday, 23 Jul 2014 | 3:25 PM ET

    WASHINGTON— The Food and Drug Administration warned doctors Wednesday not to use compounded drugs from a Texas specialty pharmacy due to potential risks of contamination. The agency says FDA inspectors recently uncovered unsanitary conditions at Unique Pharmaceuticals' plant in Temple, Texas.

  • July 23- The U.S. Food and Drug Administration said on Wednesday it has approved Gilead Sciences Inc's Zydelig, a drug to treat three types of blood cancer. The FDA approved the use of Zydelig in combination with Roche AG's Rituxan for patients with relapsed chronic lymphocytic leukemia.

  • FDA approves Gilead Sciences drug for 3 cancers Wednesday, 23 Jul 2014 | 12:57 PM ET

    WASHINGTON— The Food and Drug Administration on Wednesday approved a new cancer drug from Gilead Sciences Inc. to treat three types of blood cancer. The FDA has approved three other drugs for the disease in the last year: Roche's Gazyva, Janssen Pharmaceutical's Imbruvica and GlaxoSmithKline's Arzerra.

  • U.S. FDA approves Gilead's blood cancer drug Zydelig Wednesday, 23 Jul 2014 | 12:05 PM ET

    July 23- The U.S. Food and Drug Administration has approved Gilead Inc's drug Zydelig to treat three types of blood cancer, the agency said on Wednesday. The FDA approved it for use in combination with Roche AG's Rituxan for patients with relapsed chronic lymphocytic leukemia.

  • *Says Deutsche Bank made no progress fixing problems. FRANKFURT, July 23- The Federal Reserve Bank of New York has found serious problems in Deutsche Bank AG's U.S. operations, including shoddy financial reporting, weak technology and inadequate auditing and oversight, people close to the matter told Reuters.

  • 11 out of 12 phonies are able to get Obamacare Wednesday, 23 Jul 2014 | 8:48 AM ET
    Healthcare.gov

    The GAO said that 11 out of 12 fictitious applicants secured government subsidized healthcare. NBC News reports.

  • *Deutsche Bank to come under closer Fed scrutiny from 2016. FRANKFURT, July 23- The Federal Reserve Bank of New York has found serious problems in Deutsche Bank's U.S. operations, including shoddy financial reporting, weak technology and inadequate auditing and oversight, a person close to the matter told Reuters.

  • July 23- The International Swaps and Derivatives Association, a financial industry lobby group, named Commodity Futures Trading Commission commissioner Scott O'Malia as chief executive.

  • FOREX-Dollar rises as U.S. bond yields hold firm Tuesday, 22 Jul 2014 | 3:30 PM ET

    NEW YORK, July 22- The dollar rose on Tuesday as U.S. bond yields stood firm on the view that the world's biggest economy is expanding enough for the Federal Reserve to raise interest rates next year despite data showing a mild rise in domestic prices in June.

  • WASHINGTON, July 22- The United States will on Tuesday release intelligence backing its assertion that the Malaysian airliner that crashed in Ukraine was brought down by a missile fired from the separatist-controlled area, the State Department said.

  • WASHINGTON, July 22- The United States will on Tuesday release intelligence backing its assertion that the Malaysian airliner that crashed in Ukraine was brought down by a missile fired from the separatist-controlled area, the State Department said.

  • *U.S. airlines suspend flights to Israel. NEW YORK, July 22- The S&P 500 hit a record high on Tuesday as inflation data was seen keeping the Federal Reserve in an equities-friendly tone, while hopes rose for an easing of tensions in Ukraine.

  • FAA tells US airlines not to fly to Tel Aviv Tuesday, 22 Jul 2014 | 12:55 PM ET

    WASHINGTON— The Federal Aviation Administration told U.S. airlines Tuesday they are prohibited from flying to the Tel Aviv airport in Israel for 24 hours following a Hamas rocket explosion nearby.