News & Updates
GM issues 3 NEW recalls
General Motors announced on Monday three new recalls — not related to last month's ignition switch recall — that involve more than 1.5 million vehicles.The big automaker also said it will take a $300 million charge against first-quarter earnings to pay for...
The truth behind GM’s massive recall
If you drive one of the 2.6 million General Motors cars recalled because of a faulty ignition switch, you’re probably eager for the part to be replaced. Dealerships say they are gearing up to schedule the work as soon as the necessary parts become available — ...
Men seeking youth may actually find death
Watch any football game or a news program, and you’re almost sure to see one of those commercials about how a-little-dab’ll-do-ya of testosterone can banish the “low-T” blues and put spark back into your life.
The ads work. Almost 3 percent of American men ag...
A cholesterol drug that comes with a side order of Diabetes
People on a high-dose regimen of the cholesterol drug Lipitor may have a slightly increased risk of developing type 2 diabetes -- particularly if they have several of the classic diabetes risk factors, a study published Monday finds.A number of studies hav...
This common medical “fix” has faults
Faulty hip joints implanted in tens of thousands of Americans pose adverse health effects in some patients even after removal, according to new research.Doctors have known for several years that some hip devices, in which both the ball and cup are made of ...
$56 million dollars worth of injuries
(Reuters) - U.S. medical device maker Biomet Inc will pay at least $56 million to settle a multi-district lawsuit relating to defective metal hip replacements, a court filing showed, ending a protracted legal tussle.The litigation involves Biomet's metal-o...
This implant is causing terrible suffering in women
Surgical mesh implants used to treat weakening in the pelvic region, a particularly common problem after childbirth, may actually do more harm than good, the Food and Drug Administration (FDA) reports Wednesday.In the last three years, the agency said, it ...
Paving the way for banks to commit fraud
The Securities and Exchange Commission is reportedly probing whether the surging market for collateralized loan obligations is paving the way for banks to illegally hide certain risks or commit fraud.The apparent investigation into these complex securities...
Justice reigns as Wall Street cheat is punished
[dropcap]A[/dropcap] federal appeals court upheld the conviction of former Goldman Sachs Group Inc director Rajat Gupta, one of the biggest successes in federal prosecutors' long-running probe to stop insider trading on Wall Street.The 2nd U.S. Circuit Cou...
The Birth of a New Drug
[dropcap]H[/dropcap]ave you seen the ad for the new drug that treats runny noses? Taking it will make your nose feel better than ever, BUT, there's a small chance that you could develop one of the drug's many side effects: compulsive gambling, blackened urine ...