Searchable News & Info From Reliable Online Sources.
- Thousands of blood pressure medication bottles recalled nationwide after pills f...
Americans who take medication for high blood pressure may want to check their medicine cabinets after thousands of bottles of a prescription drug were recalled nationwide.New Jersey-based Macleods Pharma USA is recalling certain lots of Olmesartan Medoxomil, Amlodipine and Hydrochlorothiazide Tablets after the medication failed to meet federal quality standards, according to the U.S. Food and Drug Administration (FDA).The recall covers 3,528 30-count bottles from lot 12251163A and 216 90-count bottles from lot 12251163B. Both lots expire May 31, 2027.NEARLY 6 MILLION COFFEE MAKERS SOLD AT MAJOR RETAILERS RECALLED OVER BURN RISKConsumers can check their prescription bottles for the lot number and National Drug Code, or NDC. The recalled 30-count bottles have NDC 33342-246-07, while the 90-count bottles have NDC 33342-246-10.The FDA listed the reason for the recall as "failed dissolution specifications," meaning the pills did not dissolve as required during testing.POPULAR KIDS' TOOTHPASTES AMONG 4M TUBES RECALLED NATIONWIDEThe agency classified the action as a Class II recall, meaning use of the affected medication "may cause temporary or medically reversible adverse health consequences" but the likelihood of serious health consequences is considered remote.Macleods Pharma USA initiated the recall Oct. 7, and the FDA classified it Oct. 26. The recall remains ongoing and affects products distributed nationwide.The recall comes weeks after another blood pressure medication was pulled from shelves over a similar issue.HYUNDAI RECALLS MORE THAN 94,000 VEHICLES OVER FIRE RISKIndia-based Inventia Healthcare Ltd. recalled 13,567 bottles of 25-milligram chlorthalidone tablets in September after the medication failed dissolution testing, according to the FDA.CLICK HERE TO GET FOX BUSINESS ON THE GOChlorthalidone is used to treat high blood pressure and fluid retention, according to Mayo Clinic.Macleods Pharma USA could not immediately be reached by FOX Business for comment.FOX Business' Matthew Kazin contributed to this report. [TheTopNews] Read More.1 hour ago - William Nordhaus Has Died. Nobelist Influenced Climate Policy.
The Yale professor moved climate change into mainstream economic analysis. [TheTopNews] Read More.2 hours ago - Apple posts record September quarter under new CEO as iPhone, Mac sales surgeDespite raising prices on multiple popular devices, Apple reported record September-quarter revenue and earnings per share Monday, driven by strong iPhone and Mac sales in the first earnings report under new CEO John Ternus.Revenue jumped a better-than-expected 12% from a year earlier to $114.5 billion, while earnings per share rose 14% to $2.10, both topping Wall Street estimates. The results capped Apple's best fiscal year ever, with revenue rising 15% to $478.8 billion.The three months ended in September included just eight days of iPhone 18 Pro sales. Ternus said Apple was "thrilled with the customer response" to the new lineup, even as questions linger over whether the iPhone 18 can match the success of its predecessor. Analysts at JPMorgan, Wedbush and Evercore have pointed to the iPhone 17's exceptionally strong upgrade cycle, setting a difficult comparison for this year's models. iPhone revenue nevertheless grew 17% to $57.6 billion in the September quarter.APPLE BREAKS WITH LONGTIME MACBOOK POLICY, INTRODUCES TOUCHSCREEN LAPTOPS AT HIGHER PRICESMeanwhile, Apple's first foldable iPhone, the Duo, remains in short supply, with delivery estimates on some orders stretching into 2027 and customers reporting difficulty finding the device in stores."The Duo is constrained as of today," Ternus said in an interview. "The ramp is going well, and we're working really hard to get it into customers' hands as quickly as possible." He said Apple could not yet predict when supply would catch up with demand.Ternus, who succeeded Tim Cook on Sept. 1, said the stronger-than-expected September-quarter results came despite "supply constraints and FX headwinds." The quarter was his first earnings report at the helm of the company.One of the biggest challenges is surging memory-chip prices, driven in part by the AI buildout. Some flash-memory prices have climbed more than 500% from 2023 levels, according to a Wall Street Journal report. Ternus described the disruption as "absolutely unprecedented." Yet Apple's gross margin, a closely watched measure of profitability, came in broadly in line with expectations at 47.9%."As we said earlier in the September quarter, we did see higher memory costs compared to the June quarter," Ternus said. He said carry-in inventory and lower prices for certain non-memory components provided some relief. "We changed the price on many of our products, including Mac and iPad at the end of June and iPhone in September," he said, adding that the increases helped offset higher costs.INSIDE JOHN TERNUS' FIRST APPLE LAUNCH EVENT AS… [TheTopNews] Read More.2 hours ago
- What to know about Florida’s property tax measure and how it could affect ...Florida voters will weigh in on a ballot measure that could ease property tax burdens and mark a major shift in how local government is financed in the Sunshine State.The Florida Legislature referred a proposed constitutional amendment to voters that's known as Amendment 3, the Homestead Tax Exemptions, Property Assessments and Spending Restrictions Amendment.The measure appears on the ballots voters Floridians cast leading into Election Day on Tuesday, and would require 60% support from voters to be approved.THE FLORIDA 'BLUEPRINT': SEN ASHLEY MOODY REVEALS HOW THE STATE BUILT A $1.8T ECONOMIC FORTRESSAdvocates of the measure include a number of Republican lawmakers in the state who argue that it would provide needed tax relief to Florida residents, while detractors say it would hurt the ability of local governments to provide public services funded through property taxes.Amendment 3 would increase the homestead exemption for non-school property taxes to $150,000 in 2027 and $250,000 in 2028, after which time the exemption threshold would undergo inflation adjustments. It would also lower the annual cap on assessment increases on non-homestead properties from 10% to 5%.The measure would also create new provisions governing when new Florida residents qualify for the increased homestead exemption, which they would be eligible for after five years of residency with the current exemption of up to $50,000 available in the interim.It would also establish constitutional guidelines for how county and municipal governments may use property tax revenue, confining such expenditures to public safety, infrastructure, natural resource projects, flood control, local bonds and existing debt payments, employee retirement benefits and the operations of local government.‘MORE POWER, MORE MONEY’: INSIDE THE ECONOMIC CLASH OVER FLORIDA'S FREE-MARKET BOOMIf enacted, the measure would take effect on Jan. 1, 2027, and people who move to Florida after Dec. 31, 2026, would receive a smaller initial exemption under the law.An analysis by the Tax Foundation found that if Amendment 3 is approved, it would cost local governments about $4.9 billion in foregone property tax revenue in the first year with the $150,000 exemption in place; with that cost rising to $8.7 billion in the second year once the $250,000 exemption takes effect.Annual impacts would rise to $11.8 billion starting with tax year 2031, though the Tax Foundation cautioned that the "full fiscal impact remains uncertain and could easily exceed current estimates."Florida Republican Gov. Ron DeSantis has advocated for Amendment 3, which is backed by many GOP leaders… [TheTopNews] Read More.2 hours ago
- Marvell, Lumentum tout historic $115B deal to create ‘category leader’ in AI...Marvell Technology chairman and CEO Matt Murphy said the chipmaker’s historic $115 billion acquisition of Lumentum is a "once in a generation’ opportunity to unite two of the most dominating companies in the AI boom and create a "category leader."Appearing alongside Lumentum CEO Michael Hurlston on "The Claman Countdown," Murphy detailed the companies’ record-breaking merger on Monday, predicting that the transaction will cement Marvell’s position at the forefront of AI connectivity."It's very rare that you can find two companies of the caliber of Lumentum and Marvell that are number one in their respective areas that find a moment in time where you can combine and create a category leader in a new category," he told anchor Liz Claman.AMERICA AND CHINA ARE FIGHTING FOR THE FUTURE OF AI — CHIPS ARE THE BATTLEFIELD"This AI connectivity is going to be as consequential as… the compute category, or the memory category, the fab category, and the IP licensing category."Murphy's comments follow the announcement of Marvell’s agreement to acquire Lumentum in a landmark $115 billion transaction, marking the largest merger between two publicly traded companies. The deal will unite two massive AI enablers, equipped with electrical and optical expertise, to address connectivity requirements for next-generation AI infrastructure.MASSIVE AI BOOM PUTS ONE OF AMERICA’S OLDEST MANUFACTURERS ON PATH TO DOUBLE IN SIZE, CEO SAYS"Both companies.are executing phenomenally well. And what we see, Liz, is a multiplying effect, where we're gonna do much better together in two years than we would on a standalone basis," Hurlston predicted.Under the terms of the all-stock agreement, Lumentum shareholders will receive 4.5 shares of Marvell common stock for each share held, according to Marvell’s announcement."It’s really a historic day for the two companies," Murphy said. "We're putting together basically the best-in-class leader in AI connectivity technology for semiconductors with the leader in photonics. And it is something that hasn't been done before."Marvell designs artificial intelligence chips and technology that powers data centers, while Lumentum designs lasers and other optical components that use light to transmit data between chips and servers.Murphy said Lumentum and Marvell, both headquartered in Northern California, have a "shared vision" and detailed how he believes the two tech companies will work better together than apart.IT TOOK 3 MONTHS TO GET INSIDE THIS MASSIVE TEXAS DATA CENTER — HERE’S WHAT WE SAW"Together, because of the additional opportunity we see with each other, there's an opportunity to really outperform… [TheTopNews] Read More.2 hours ago
- The Nation’s Oldest Road Racetrack Starts a Big, Costly Face-LiftNew owners at Willow Springs in California have major plans for the once-spartan track, hoping to lure expensive supercars and their wealthy drivers. [TheTopNews] Read More.2 hours ago
The Searchable USWebDaily.com and TheTopNews NewsBank Helps You Be Better Informed, Faster! Spread The Word.
