Doug McMillon of Jonesboro, Arkansas, started at Wal-Mart in 1984 — it was a summer job unpacking trucks. On Monday he was named as the retail giant's new CEO. Not only is McMillon, 47, an insider who rose through the ranks, he's one of the few executives who worked under founder Sam Walton.
The Food and Drug Administration has issued a warning letter to the company 23andMe. It wants the company to stop selling its $99 saliva test to detect a person's genetic predisposition to various diseases.
All those passengers going through security lines, and some of them leave their loose change behind. The Transportation Security Administration collected more than $500,00 in loose change last year. A House bill would require the money goes to a nonprofit.
Crowdfunding is popular among musicians, filmmakers and artists looking for a way to finance their next project. Now the Securities and Exchange Commission is considering rules that would allow small companies to solicit investments over the Internet and sell shares to the public.
People's genes can affect how they'll respond to blood thinners and cancer drugs. But inaccurate results can lead to bad medical decisions. Regulators are pushing back against a company that has been among the most aggressive in marketing personal genetic testing directly to consumers.
A bustling market has sprung up across several blocks of downtown Tacloban two weeks after Typhoon Haiyan destroyed much of the city. Most of the goods were looted in the frenzy that followed the storm. One man is even offering haircuts, making more money now than before Haiyan struck.
After a rocky start, the HealthCare.gov website is supposed to be able to handle 50,000 simultaneous users by the end of the month. That figure would represent about double the site's current capacity. An expected surge in demand will present a new test.
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