Money Matters - Simplified


FDA rejects diet drug Contrave

The Food and Drug Authority (FDA) has denied approval to a diet drug Contrave, citing the concerns about its side effects which may include heart attack.

8 Florida nurses behind bars for Medicare fraud

According to the Departments of Justice and Health and Human Services, eight nurses have been handed a jail term ranging from five months to 30 months for adopting unprofessional medical practices and swindling a health care provider of $18.7 million dollars in South Florida.

Consumer group files complaint against Vitaminwater

The National Consumers League (NCL) has approached the Federal Trade Commission (FTC) with a complaint against the claims made in the advertisements of Vitaminwater.

Breastfeeding protects childhood cancer survivors--study

What's good for baby is also good for mother! When women who have survived cancer follow nature's lead and breastfeed their babies, they not only provide substantial benefits to the newborn, but also themselves, claims a new study.

Tai chi can prevent falls in elderly

According to the newly updated geriatric guidelines, practicing Tai Chi, a gentle form of Chinese martial art that enhances body strength, flexibility and mobility, can reduce the risk of falling in the elderly.

Antibiotics effective in healing childhood ear infections--study

Many parents and doctors forgo antibiotic treatment for ear infections in kids, adopting the “watchful waiting” approach because of worries about drug resistance and evidence that the symptoms clear on their own.

Optimism helps teens beat depression--study

Researchers delving into the link between optimism and mental health outcomes found that teenagers who have a more positive approach towards life are less inclined to be depressed than their peers who are grumpy.

Prozac improves recovery in stroke patients--study

Prozac, an antidepressant drug by Eli Lily, minimizes the devastating effects of stroke by restoring the muscle function and mobility of the patients, claims a new study.

Boney M frontman Farrell had heart disease- officials

Boney M singer Bobby Farrell, who passed away in Russia last week, died of heart disease, Russian investigators said Wednesday, a week after the singer was found dead in his hotel room in St. Petersburg.

Brisk walking linked to greater life expectancy--study

A novel research delving into the link between walking speed and mortality found that senior citizens who walked faster had a greater life expectancy than their slower peers.