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This photo provided by Novartis shows Zolgensma. The one-time gene therapy developed by Novartis, Zolgensma, will cost $2.125 million. It treats a rare condition called spinal muscular atrophy, or SMA, which strikes about 400 babies born in the U.S. each year. The therapy, given in a one-hour infusion, was approved for children under age 2 and will be available within two weeks. (Novartis via AP)
May 24, 2019 - 5:15 pm
U.S. regulators have approved the most expensive medicine ever, for a rare disorder that destroys a baby's muscle control and kills nearly all of those with the most common type of the disease within a couple of years. The treatment is priced at $2.125 million. Out-of-pocket costs for patients will...
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FILE - In this May 17, 2019, file photo trader Robert Charmak works on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Thursday, May 23. (AP Photo/Richard Drew, File)
May 23, 2019 - 4:58 pm
Heightened worries that the U.S. and China are headed for a long standoff in their costly trade dispute put investors in a selling mood Thursday. Stocks ended sharply lower on Wall Street in a broad sell-off that left the benchmark S&P 500 index on track for its third straight weekly loss and...
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In this May 21, 2019 photo, two drones fly above Lake Street in downtown Reno, Nev., on, as part of a NASA simulation to test emerging technology that someday will be used to manage travel of hundreds of thousands of commercial, unmanned aerial vehicles (UAVs) delivering packages. It marked the first time such tests have been conducted in an urban setting. (AP Photo/Scott Sonner)
May 23, 2019 - 3:05 pm
RENO, Nev. (AP) — NASA has launched the final stage of a four-year effort to develop a national traffic management system for drones, testing them in cities for the first time beyond the operator's line of sight as businesses look in the future to unleash the unmanned devices in droves above busy...
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May 22, 2019 - 6:37 pm
RIO DE JANEIRO (AP) — The Brazilian cosmetics maker Natura announced Wednesday that it is buying Avon Products in an all-stock deal that it valued at $3.7 billion, in move that would create the world's fourth-largest group of beauty products. Shareholders of both companies would have to approve the...
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FILE - In this Tuesday, Feb. 26, 2019 file photo, a man holds the new Huawei Mate X foldable 5G smartphone during the Mobile World Congress wireless show, in Barcelona, Spain. Two British mobile phone companies, EE and Vodafone, said Wednesday May 22, 2019, they are putting on hold plans to sell new 5G mobile phones from China's Huawei. (AP Photo/Manu Fernandez, File)
May 22, 2019 - 11:21 am
LONDON (AP) — British and Japanese mobile phone companies said Wednesday they're putting on hold plans to sell new devices from Huawei, in the latest fallout from U.S. tech restrictions aimed at the Chinese company. Britain's EE and Vodafone and Japan's KDDI and Y! Mobile said they are pausing the...
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FILE - This Oct. 20, 2015 file photo shows the Scunthorpe steel plant, now owned by British Steel, in Scunthorpe, England. Britain’s government pledged Tuesday May 21, 2019 to do its utmost to support British Steel amid reports the company is facing bankruptcy. (Anna Gowthorpe/PA via AP, File)
May 22, 2019 - 9:13 am
LONDON (AP) — British Steel Ltd has been ordered into liquidation as it struggles with industry-wide troubles and Brexit, threatening 5,000 workers and another 20,000 jobs in the supply chain. The company had asked for a package of support to tackle issues related to Britain's pending departure...
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FILE - In this Jan. 12, 2016, file photo, a ride share car displays Lyft and Uber stickers on its front windshield in downtown Los Angeles. One in six Uber and Lyft drivers in the New York City and Seattle areas are driving vehicles with outstanding recalls, according to Consumer Reports. But taking a taxi or limousine isn’t necessarily a safer option as nearly a quarter of traditional for-hire vehicles in New York City also have outstanding recalls, Consumer Reports said. (AP Photo/Richard Vogel, File)
May 21, 2019 - 8:43 pm
NEW YORK (AP) — One out of six Uber and Lyft drivers in the New York City and Seattle areas are driving vehicles with outstanding recalls, according to Consumer Reports. But taking a taxi or limousine isn't necessarily a safer option: nearly a quarter of traditional for-hire vehicles in New York...
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A man uses two smartphones at once outside a Huawei store in Beijing Monday, May 20, 2019. Google is assuring users of Huawei smartphones the American company's services still will work on them following U.S. government restrictions on doing business with the Chinese tech giant. (AP Photo/Ng Han Guan)
May 20, 2019 - 7:05 pm
Huawei could quickly lose its grip on the No. 2 ranking in worldwide cellphone sales after Google announced it would comply with U.S. government restrictions meant to punish the Chinese tech powerhouse. The Trump administration's move, which effectively bars U.S. firms from selling components and...
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Senate Majority Leader Mitch McConnell, R-Ky., listens as Sen. John Barrasso, R-Wyo., speaks during a news conference at the Capitol in Washington, Tuesday, May 14, 2019. (AP Photo/J. Scott Applewhite)
May 20, 2019 - 5:13 pm
WASHINGTON (AP) — Senate Majority Leader Mitch McConnell, whose home state of Kentucky was long one of the nation's leading tobacco producers, introduced bipartisan legislation Monday to raise the minimum age for buying any tobacco products from 18 to 21. The chamber's top Republican, who said he...
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FILE - In this May 5, 2015 photo, marijuana plants grow at a Minnesota Medical Solutions greenhouse in Otsego, Minn. Advocates for legalizing marijuana have long argued it would strike a blow for social justice after a decades-long drug war that disproportionately targeted minority and poor communities. (Glen Stubbe/Star Tribune via AP, File)
May 19, 2019 - 1:13 pm
NEW YORK (AP) — Advocates for legalizing marijuana have long argued it would strike a blow for social justice after a decades-long drug war that disproportionately targeted minority and poor communities. But social equity has been both a sticking point and selling point this year in New York and...
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