FDA issues a consumer alert on fraudulent COVID-19 cures

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FDA issues a consumer alert on fraudulent COVID-19 cures

The Food and Drug Administration said on Wednesday that some people and companies are trying to profit from this pandemic by selling unproven and illegally marketed products that make false claims, such as being effective against the coronavirus.
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Tesla's Elon Musk pledges coronavirus ventilator production in New York

‘Giga New York will reopen for ventilator production as soon as humanly possible,’ the company’s CEO tweeted. Facebook; Twitter; Comments; Print; Email. By Thomas BarrabiFOXBusiness. close. FOX Business’ Grady Trimble on how automakers, like Ford …
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Coronavirus slams Manhattan real estate market, report says

The Manhattan real estate market is yet another victim of the coronavirus. The number of new for-sale listings and the number of contracts signed dropped from the same time last year, according to a report from UrbanDigs. Meanwhile, the number of listings …
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Yum Brands suspends $2 billion buyback program, provides royalty grace period for franchisees

Yum Brands has suspended its $2 billion share buyback program and tapped into a $525 million revolving credit facility as the COVID-19 pandemic puts pressure on the restaurant business. “We have over $1 billion of cash now. Certainly we’re in a good …
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'Stop Price Gouging,' 33 Attorneys General Tell Amazon, Walmart, Others

Online platforms have “an ethical obligation” to root out price gouging on hand sanitizer and other high-demand products during the coronavirus pandemic and beyond, top law enforcement officials from across the country say. In letters to Amazon, Walmart, …
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