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  • WASHINGTON, Aug 27- The U.S. Food and Drug Administration on Thursday approved Amgen Inc's Repatha drug for patients with hereditary forms of high cholesterol and those at high risk of cardiovascular disease. Last month the FDA approved a similar drug from Regeneron Pharmaceuticals Inc and Sanofi SA. The drugs are expected to generate more than $2 billion a...

  • Amgen wins approval for second biotech cholesterol drug Thursday, 27 Aug 2015 | 5:18 PM ET

    WASHINGTON— Amgen Inc. has won federal approval for the second medicine in a new class of pricey biotech drugs that reduce artery-clogging cholesterol more than older statin drugs that have been used for decades. Thousand Oaks, California- based Amgen priced the drug slightly below a similar drug Praluent, which costs $14,600 per year. Sanofi and partner...

  • BOSTON, Aug 25- Popular consumer brands Discovery Communications, Chipotle Mexican Grill and CVS Health Corp pay their chief executive officers more than a thousand times what they pay their typical worker, giving them the biggest internal pay gaps among S&P 500 companies, according to a study released on Tuesday. The research from job-hunting website...

  • Jared vs. Snoopy: Should Subway get a pitch dog? Thursday, 20 Aug 2015 | 10:51 AM ET
    Jared Fogle (L) and Snoopy (R).

    Subway took a hit losing its spokesman Jared to scandal. So, is it better to use a pitch dog like Snoopy?

  • More robust growth ahead: Target CFO Wednesday, 19 Aug 2015 | 2:26 PM ET
    Customers leave a Target store in Raleigh, North Carolina.

    Target posted earnings that beat analysts' expectations Wednesday, and chief financial officer John Mulligan sees more growth ahead.

  • Google's Alphabet move was brilliant: Bill George Wednesday, 19 Aug 2015 | 7:00 AM ET
    Google co-founders Sergey Brin, left, and Larry Page in a 2008 file photo.

    Here's why Google's Alphabet reorg was a really smart move, says former Medtronic CEO Bill George.

  • Wal-Mart Stores Inc said on Tuesday that lower margins in its pharmacy business had emerged as a drag on profits, as it gets paid less by drug plan managers and as fewer customers pay in cash, since Obamacare has increased the ranks of insured Americans. The company warned that the margin squeeze would continue for at least the remainder of the year, although a...

  • Goldman's 2015 forecast: 'Flat is the new up' Monday, 17 Aug 2015 | 11:49 AM ET
    Traders work on the floor of the New York Stock Exchange.

    Goldman Sachs told clients in a note on Friday the market will go sideways the rest of the year.

  • Target promotes CFO to new role Monday, 17 Aug 2015 | 9:24 AM ET

    NEW YORK— Target is making more executive changes, promoting its Chief Financial Officer John Mulligan to the newly created role of chief operating officer. Cathy Smith, a seasoned retail executive, was named to replace Mulligan as CFO. Monday's changes come nearly two months after the Minneapolis retailer said that Kathyrn Tesija, an executive vice president...

  • Howard Schultz: Business leaders must do more Thursday, 13 Aug 2015 | 6:35 PM ET
    Starbucks

    Jim Cramer speaks with Starbucks CEO Howard Schultz on working with competition to hire disenfranchised youth in the U.S.

  • Top protection plays in rocky US markets Wednesday, 12 Aug 2015 | 4:15 PM ET
    Traders work on the floor of the New York Stock Exchange.

    With U.S. stocks choppy again Wednesday, investors sought safe picks in an increasingly uncertain market.

  • Goldman: Beware these China-exposed US stocks Monday, 10 Aug 2015 | 3:11 PM ET
    A man observes stock market prices at an exchange hall in Haikou, China.

    Goldman Sachs gave clients a list of 20 stocks they should avoid because of their high exposure to China.

  • When big chains are hacked, mom and pops cash in Friday, 7 Aug 2015 | 12:57 PM ET
    A customer leaves a Costco store in Richmond, California.

    With Costco, CVS and Walmart's photo sites going down due to cyberthreats, local retailers are picking up the business.

  • 9 CEOs paid 800 times more than their workers Thursday, 6 Aug 2015 | 10:02 AM ET
    David Zaslav, president and chief executive officer of Discovery Communications.

    The SEC's new rule to report CEO to average worker pay ratios will reveal some CEOs are paid 800 times more, USA Today reports.

  • Smarter credit cards befuddle small businesses Thursday, 6 Aug 2015 | 6:00 AM ET
    Credit cards with EMV chips.

    More than half of small businesses who accept point-of-sale card payments are not aware of a major change coming in October.

  • CVS will no longer cover Viagra Wednesday, 5 Aug 2015 | 7:55 PM ET
    Viagra pills on display.

    Discount retail chain CVS will no longer include Pfizer's Viagra in its list of drug insurance benefits, CNBC confirmed on Wednesday.

  • Aug 5- CVS Health Corp, which operates the nation's second-biggest pharmacy benefit manager, said that next year it will exclude an additional 31 prescription medicines from insurance coverage, including Viagra and widely used treatments for diabetes and multiple sclerosis. The 2016 excluded drugs, disclosed on Wednesday, also include Vivus Inc's weight...

  • Aug 5- CVS Health Corp, which operates the nation's second-biggest pharmacy benefit manager, said that next year it will exclude an additional 31 prescription medicines from insurance coverage, including Viagra and widely used treatments for diabetes and multiple sclerosis. The 2016 excluded drugs, disclosed on Wednesday, also include Vivus Inc's weight...

  • Aug 4- U.S. drugstore chain operator CVS Health Corp estimated current-quarter profit below analysts' expectations, hurt by pressure from reimbursement rates and lower customer traffic after the company stopped selling tobacco products. The company forecast adjusted profit of $1.27- $1.30 per share for the third quarter. The company also raised the lower...

  • *Walt Disney, Genworth to report after the bell. Aug 4- Wall Street was little changed on Tuesday amid a burst of earnings reports from companies ranging from drugstore operator CVS Health to handbag maker Coach, while Apple's shares remained under pressure for a second day. Among other companies scheduled to release results are Dow component Walt Disney, Devon...