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How Epic’s 82-year-old CEO Judy Faulkner built her software factory
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How Epic’s 82-year-old CEO Judy Faulkner built her software factory

Judy Faulkner, founder and chief executive officer of Epic Systems Corp., during the Forbes Healthcare Summit in New York, Dec. 5, 2023.Michael Nagle | Bloomberg | Getty ImagesDo not go public. Do not acquire or be acquired. Software must work.These are the first three of the 10 commandments splashed across bathrooms and breakrooms at Epic Systems' sprawling 1,670-acre campus in Verona, Wisconsin, just southwest of Madison.Ā It's not the wackiest part of working at the health-care software giant. Once a month, most of the company's 14,000 employees pack into an underground auditorium called Deep Space for a mandatory staff meeting, which some jokingly refer to as "work church." Executives go over company news and objectives. They also lead a grammar lesson, such as whether it's OK to end se...
UnitedHealth shares jump the most in 5 years after Buffett’s new stake is revealed
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UnitedHealth shares jump the most in 5 years after Buffett’s new stake is revealed

UnitedHealth Group Inc. signage on the floor of the New York Stock Exchange on April 21, 2025.Michael Nagle | Bloomberg | Getty ImagesStock Chart IconStock chart iconUnitedHealth FridayShares of UnitedHealth were down nearly 50% for 2025 through Thursday's close before Buffett's filing. The largest private health insurer has become the face of public blowback in this country against the rising costs of health care. UnitedHealth is currently facing a Justice Department investigation into its Medicare billing practices.In May, the company pulled its annual earnings outlook and CEO Andrew Witty stepped down. Last month, UnitedHealth gave a new 2025 outlook that was well short of Wall Street estimates, hitting the stock further."The move by Berkshire represents a big vote of confidence in UNH ...
Nike co-founder Phil Knight to donate  billion to OHSU’s Knight Cancer Institute
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Nike co-founder Phil Knight to donate $2 billion to OHSU’s Knight Cancer Institute

Phil KnightMatthew Staver | Bloomberg | Getty ImagesNike co-founder Phil Knight is donating $2 billion to the Oregon Health and Science University's Knight Cancer Institute, the single largest donation ever to a U.S. university, college or health institution, according to the Knight Foundation.The foundation said on Thursday the gift that will be used to shift the scientific approach to cancer treatment, research and patient care outcomes.As part of the gift, the Knights will partner with cancer research pioneer Dr. Brian Druker.A decade ago, Druker and OHSU took on a challenge to raise $500 million for cancer research, and the Knights signed on to match the raise dollar-for-dollar."We are grateful for the opportunity to invest in the next stage of the Druker-led revolutionary vision of ca...
Eli Lilly hikes price of Mounjaro in UK amid Trump pressure
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Eli Lilly hikes price of Mounjaro in UK amid Trump pressure

Mounjaro manufactured by Eli Lilly and Company packaging is seen in this illustration photo taken in a pharmacy in Krakow, Poland on April 9, 2024.Nurphoto | Nurphoto | Getty ImagesEli Lilly on Thursday said it is raising the list price of its blockbuster diabetes drug Mounjaro in the U.K. starting in September, as President Donald Trump pressures drugmakers to lower U.S. drug prices and hike them abroad.In a statement, Eli Lilly said it reached an agreement with the U.K. government to increase the list price of the weekly injection, while "maintaining access" for patients covered under the publicly funded health-care system, the National Health Service, or NHS.Ā Eli Lilly told CNBC that the price hike will not affect the drug's availability under NHS, and it wants to work with the governme...
Apple rolls out redesigned blood oxygen feature after legal dispute
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Apple rolls out redesigned blood oxygen feature after legal dispute

Tim Cook, chief executive officer of Apple Inc., during the Apple Worldwide Developers Conference (WWDC) at Apple Park campus in Cupertino, California, US, on Monday, June 9, 2025. David Paul Morris | Bloomberg | Getty ImagesApple on Thursday announced a redesigned blood oxygen feature for some Apple Watch users, following a years-long intellectual property dispute over the capability.Apple said the redesigned feature is coming to some Apple Watch Series 9, Series 10, and Apple Watch Ultra 2 users on Thursday. The update was possible because of a recent U.S. Customs ruling, the company said.In 2023, the International Trade Commission found that Apple's blood oxygen sensors infringedĀ on intellectual property fromĀ Masimo, a medical technology company. Apple paused the sale of some of its wat...
FDA taps biotech exec George Tidmarsh as RFK Jr.’s top drug regulatorĀ 
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FDA taps biotech exec George Tidmarsh as RFK Jr.’s top drug regulatorĀ 

FILE PHOTO: The headquarters of the U.S. Food and Drug Administration (FDA) is seen in Silver Spring, Maryland November 4, 2009.Ā Jason Reed | ReutersThe Food and Drug Administration said Monday it has appointed former biotech executive George Tidmarsh as the agency's top drug regulator.Tidmarsh, an adjunct professor of pediatrics and neonatology at Stanford University's School of Medicine, will lead one of the biggest and most crucial divisions of the FDA, which reviews the vast majority of new drug applications.The Center for Drug Evaluation and Research, or CDER, regulates over-the-counter and prescription treatments, including biologic therapies and generics. The acting head of CDER, Jacqueline Corrigan-Curay, announced in June she was retiring.Ā Tidmarsh will step in as the FDA and its ...
Weight loss drugs could help treat PCOS
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Weight loss drugs could help treat PCOS

Wegovy injection pens arranged in Waterbury, Vermont, US, on Monday, April 28, 2025.Shelby Knowles | Bloomberg | Getty ImagesFor well over a decade, Grace Hamilton, 27, experienced hair loss, heavy periods, infrequent menstrual cycles, mental health issues and difficulty losing weight without knowing why. It wasn't until 2023 when she was diagnosed with polycystic ovary syndrome, or PCOS, a hormonal disorder common among women of reproductive age.After she saw limited improvements from birth control, diet and exercise, Hamilton joined a trial in 2024 examining a GLP-1 drug in PCOS patients. By October, she received her first weekly dose of semaglutide, the active ingredient in Novo Nordisk's obesity injection Wegovy and diabetes shot Ozempic.She said some results were almost immediate: aft...
RFK Jr. to remove mercury preservative thimerosal from flu shots
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RFK Jr. to remove mercury preservative thimerosal from flu shots

U.S. Health and Human Services (HHS) Secretary Robert F. Kennedy Jr., speaks with Agriculture Secretary Brooke Rollins and Senator Roger Marshall (R-KS) ahead of a roundtable event as part of the "Make America Healthy Again" (MAHA) agenda, on Capitol Hill in Washington, D.C., U.S., July 15, 2025. Ken Cedeno | ReutersThe Department of Health and Human Services on Wednesday said it will officially remove the mercury-based preservative thimerosal from all flu shots distributed in the U.S. – even though there is no evidence of harm from the ingredient. While few jabs still contain thimerosal, the move eliminates a vaccine option for Americans and is a win for the anti-vaccine movement, which has long targeted the ingredient.HHS Secretary Robert F. Kennedy Jr. formally adopted a June recommenda...
Researchers move closer to a universal cancer vaccine
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Researchers move closer to a universal cancer vaccine

Wildpixel | Istock | Getty ImagesA version of this article first appeared in CNBC's Healthy Returns newsletter, which brings the latest health-care news straight to your inbox. Subscribe here to receive future editions.A universal cancer vaccine – what once seemed like a pipe dream – may be inching closer to becoming reality. On Friday, University of Florida researchers said findings from a new study could lead to the development of a universal shot that can jumpstart the immune system to fight cancer. The study in mice, published in Nature Biomedical Engineering, showed that an experimental mRNA vaccine boosted the tumor-fighting effects of a common cancer drug called immune checkpoint inhibitors. The vaccine is not designed for a specific virus or cancer cells, but engineered to "wake up...
UnitedHealth facing DOJ investigation over Medicare billing
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UnitedHealth facing DOJ investigation over Medicare billing

UnitedHealth Group revealed Thursday it is facing Department of Justice investigations over its Medicare billing practices, adding to a string of setbacks for a company that owns the nation's largest and most powerful private insurer.In a securities filing, the company said that it has started complying with formal criminal and civil requests from the DOJ, and that it reached out to the department after reports of the probes surfaced. UnitedHealth also said it has launched a third-party review of its business policies and performance metrics.The company told CNBC that it expects to complete that review toward the end of the third quarter.In the filing, UnitedHealth said it "has full confidence in its practices and is committed to working cooperatively with the Department throughout this pr...