Procter & Gamble has acquired Walker & Co., a health-and-beauty business focused on serving minority groups. In this interview, founder Tristan Walker discusses his background, diversity in Silicon Valley and why he started a consumer goods business.
Virgin Galactic today completed a test flight in which the company's Unity spacecraft climbed 51.4 miles above the surface of the Earth. Reaching that altitude qualified the pilots as astronauts, marking a key milestone in the development of commercial spaceflight.
Students from South Dakota and North Dakota recently met to compete in the Lakota Language Bowl. Forty-one teams tested their skills in four competitions -- including speed vocabulary and media through technology -- in which they earned points while using the Lakota language.
The number of enforcement actions the Securities and Exchange Commission brought against public companies and their subsidiaries shot up in the second half of fiscal 2018, according to a report from the New York University Pollack Center for Law & Business and Cornerstone Research. The SEC filed 55 cases in that period, compared with 71 for the year, the report said.
Whole Foods Market will open two locations of its price-focused 365 stores in the Atlanta market, the first for this banner in the area. The stores, to be located in Decatur and Buckhead, will feature limited-edition items called 365 Faves, as well as a Mexican restaurant.
A Black Book survey of health care executives found that an EHR implementation or replacement caused concerns about the future of their employment in 64% of respondents, while 5% reported that they or their colleagues were asked to resign or were fired because of the effect of EHR rollouts on costs or productivity. Ninety-three percent of respondents had little regret over their choice of EHR vendor, but 88% of those from smaller regional health systems expressed dissatisfaction, listing issues such as physician and clinical burnout, hidden costs, reliability issues, consumer frustration and time-extended rollouts.
Hershey is expanding its classic "Bells" holiday TV campaign to social, allowing Instagram users to create and share their own Stories with Kisses Chocolates and a range of bell sounds. The "Heartwarming the World" campaign includes a dedicated site, digital video and Facebook and Instagram ads.
⋅ CNBC
Pharmacy retailer CVS Health became one of the biggest health-care companies in the US with its $70 billion acquisition of health insurer Aetna. The retailer, which didn't even sell prescription drugs when it launched in 1963, grew over the decades largely through acquisitions of small and regional pharmacy chains.
Nintendo released "Super Smash Bros. Ultimate" in Japan on Friday, and three days later, it had sold 1.2 million copies. Early signs for the game and Nintendo's Switch console bode well for the company's holiday sales prospects.
Zhejiang Huahai Pharmaceutical received a warning letter from the FDA for issues related to impurity control, change control and cross-contamination from one manufacturing line to another. These issues are connected to nitrosamine impurities found in valsartan-containing medications, which the company supplies to Mylan.
The White House has issued a memorandum calling for reports and recommendations related to wireless technology, setting in motion a process intended to produce a national 5G connectivity strategy. At the same time, it made a blog post headlined "America Will Win the Global Race to 5G."
⋅ Reuters
Apple will invest $1 billion to construct a 133-acre campus in Austin, Texas, that initially will support 5,000 new employees. The company also intends to build new sites in San Diego, Seattle and Culver City, Calif., and will add to its facilities in New York, Pittsburgh and Boulder, Colo.
Sen. Joe Manchin, D-W.Va., will take over as the ranking member of the Senate Energy and Natural Resources Committee when the new Congress convenes next month, replacing Sen. Maria Cantwell, D-Wash.
Delta Air Lines has launched a biometric international terminal at Georgia's Hartsfield-Jackson Atlanta International Airport, featuring facial-recognition technology at check-in, the security checkpoint, boarding and Customs.
United Airlines has begun selling basic economy tickets for its flights to Europe, making a European vacation accessible for more travelers. The fares include carry-on bags and the same meal service and entertainment offered to other main cabin passengers.