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Michael Dorausch / Creative Commons

The federal government has issued a subpoena asking for documents from NuVasive, a company that makes spine devices, NuVasive revealed in a quarterly filing with the Securities and Exchange Commission. The subpoena came from the Department of Health and Human Services' Office of the Inspector General and is related to alleged "improper claims submitted to Medicare and Medicaid."

The bottom line: Receiving a subpoena from the OIG is always a huge red flag. NuVasive, which got hammered by investors for a poor second quarter, did not elaborate further on the subpoena and said it will "fully cooperate with the OIG's request."

Go deeper

1 hour ago - Health

FDA authorizes Johnson & Johnson's one-shot COVID-19 vaccine for emergency use

Photo: Illustration by Pavlo Gonchar/SOPA Images/LightRocket via Getty Images

The Food and Drug Administration on Saturday issued an emergency use authorization for Johnson & Johnson's one-shot coronavirus vaccine.

Why it matters: The authorization of a third coronavirus vaccine in the U.S. will help speed up the vaccine rollout across the country, especially since the J&J shot only requires one dose as opposed to Moderna and Pfizer-BioNTech's two-shot vaccines.

Updated 1 hour ago - Politics & Policy

Coronavirus dashboard

Illustration: Annelise Capossela/Axios

Updated 1 hour ago - World

Myanmar military fires UN ambassador after anti-coup speech

Photo: Peerapon Boonyakiat/SOPA Images/LightRocket via Getty Images

Myanmar's military regime on Saturday fired the country's ambassador to the United Nations, Kyaw Moe Tun, a day after he gave a pro-democracy speech asking UN member nations to publicly condemn the Feb. 1 coup, The New York Times reports.

The latest: Kyaw Moe Tun told Reuters later on Saturday, "I decided to fight back as long as I can."

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