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Even as Elon Musk calls philanthropy ‘very hard,’ everyday Americans gave a record $617 billion—despite feeling the squeeze over the cost of living

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Egg companies made $1.22 billion in profit off a $6 carton — now they’re buying their way out of a price-fixing case with 53 million donated eggs

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Meet the Zillennials: The luckiest micro-generation in the workforce, born between 1993 and 1998

1

Even as Elon Musk calls philanthropy ‘very hard,’ everyday Americans gave a record $617 billion—despite feeling the squeeze over the cost of living

2

Egg companies made $1.22 billion in profit off a $6 carton — now they’re buying their way out of a price-fixing case with 53 million donated eggs

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Meet the Zillennials: The luckiest micro-generation in the workforce, born between 1993 and 1998
NewslettersBrainstorm Health

Can Disturbing Graphics Scare People Off of Cigarettes?—Brainstorm Health

By
Sy Mukherjee
Sy Mukherjee
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By
Sy Mukherjee
Sy Mukherjee
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August 15, 2019, 5:56 PM ET
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Good afternoon, readers.

The Food and Drug Administration (FDA) is going down a familiar path in its anti-smoking efforts—one that has been embraced by plenty of nations abroad. The idea? Slap graphic warning labels onto cigarette packs in an effort to discourage use.

If you’ve ever been to a corner store in Europe or other continents, you’ve probably encountered the gruesome packaging that goes onto packs of cigarettes. They can include graphic depictions of lungs decimated by smoke, or of people who have to harness breathing tubes because of their long-term cigarette use.

The point of the shock and awe tactics—which would also considerably increase the size of the warnings—is two-fold: Gross people out while also informing them.

“While most people assume the public knows all they need to understand about the harms of cigarette smoking, there’s a surprising number of lesser-known risks that both youth and adult smokers and nonsmokers may simply not be aware of,” said acting FDA commissioner Ned Sharpless in a statement.

But there’s another question… Just how effective are these warnings?

The World Health Organization (WHO) has a few nuanced points to make on that vary issue. “Taken as a whole, the research on pictorial warnings show that they are: (i) more likely to be noticed than text-only warning labels; (ii) more effective for educating smokers about the health risks of smoking and for increasing smokers’ thoughts about the health risks; and (iii) associated with increased motivation to quit smoking,” writes the agency.

So, the point seems to be that these graphics and warnings can be effective—depending on how they’re deployed. And, to date, the most effective anti-smoking efforts appear to stem from vice taxes and indoor smoking bans.

Read on for the day’s news.

Sy Mukherjee, @the_sy_guy, sayak.mukherjee@fortune.com

DIGITAL HEALTH

Nomad Health raises $34 million in new funding round. We've written previously about Nomad Health, the telemedicine startup aiming to bring the gig economy to health care. On Wednesday, the company—which allows short-staffed participating hospitals to hire part-time physicians and nurses across several specialties for temp work—announced that it raised another $34 million in financing. Nomad says it now helps facilitate jobs across some 4,000 U.S. health care facilities.

INDICATIONS

FDA approves yet another personalized cancer medicine. The Food and Drug Administration (FDA) on Thursday approved Roche's Rozlytrek, yet another personalized cancer treatment winning the regulatory green light. What's special about Roche's drug is that it's approved to treat tumors with a certain type of mutation - rather than a specific cancer or tumor itself. That pulls off the double-whammy of expanding a cancer drug's reach while also narrowing its use cases based on genetic markers. For instance, Rozlytrek could potentially be used in everything from breast to colorectal to lung cancers, according to Roche. (Reuters)

REQUIRED READING

Genpact CEO: Companies Have a Responsibility to Reduce A.I. Bias, by Damanick Dantes

4 Fast-Growing Companies for Investors Hunting for Bargains, by Ryan Derousseau

Trump and Xi Learn to Stop Worrying and Love the Trade War, by Clay Chandler

The 'Inverted Yield Curve' Is Predicting a Recession, But What Are Other Indicators Saying? by Bob Sellers

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