FDA probes 5th infant illness tied to Abbott formula, former Nikola CEO charged with wire fraud

Yahoo Finance published this video item, entitled “FDA probes 5th infant illness tied to Abbott formula, former Nikola CEO charged with wire fraud” – below is their description.

#FDA #Abbott #Nikola

Yahoo Finance anchor Julie Hyman reports some of the day’s notable business headlines including the FDA investigating the death of an infant who consumed formula by Abbott Laboratories, Tesla CEO Elon Musk calling his factories “gigantic money furnaces” as firestorms surround the company, and former Nikola Motors CEO Trevor Milton being charged with wire fraud.

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In This Story: Abbott Laboratories

Abbott Laboratories (NYSE: ABT) is an American multinational medical devices and health care company with headquarters in Abbott Park, Illinois, United States.

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In This Story: Elon Musk

Elon Reeve Musk FRS is a business magnate, industrial designer, engineer, and philanthropist. He is the founder, CEO, CTO and chief designer of SpaceX; early investor, CEO and product architect of Tesla, Inc.; founder of The Boring Company; co-founder of Neuralink; and co-founder and initial co-chairman of OpenAI.

He has hit the headlines for a number of reasons including; marriage to Grimes, being sued by a cave rescuer, involvement in the promotion of cryptocurrency – mainly Bitcoin and Doge.

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