Boeing supplier furloughs 2,300 employees on closure of Boeing facilities amid COVID-19
(Reuters) – U.S. aero parts maker Triumph Group Inc (TGI.N) said it was furloughing about 2,300 employees across its U.S.…
Warren Buffett calls coronavirus outbreak ‘scary stuff,’ but says he won’t be selling stocks
(Reuters) – Warren Buffett, the billionaire chairman of Berkshire Hathaway Inc (BRKa.N), on Monday called the coronavirus outbreak “scary stuff”…
Exclusive: Hedge fund Third Point targets British insurer Prudential – sources
FILE PHOTO: A man walks past a Prudential sign outside offices in the City of London March 27, 2013. REUTERS/Luke…
Buffett calls coronavirus outbreak ‘scary,’ but says he won’t be selling stocks
(Reuters) – Warren Buffett, the billionaire chairman of Berkshire Hathaway Inc (BRKa.N), on Monday called the coronavirus outbreak “scary stuff”…
Buffett says coronavirus doesn’t dampen his long-term support for stocks
FILE PHOTO: Berkshire Hathaway Chairman Warren Buffett walks through the exhibit hall as shareholders gather to hear from the billionaire…
U.S. Supreme Court declines to fast-track Obamacare appeal
FILE PHOTO: The U.S. Supreme Court in Washington, D.C., U.S., June 17, 2019. REUTERS/Leah Millis/File Photo WASHINGTON (Reuters) – The…
Supreme Court to hear Trump appeal in Obamacare contraception fight
WASHINGTON (Reuters) – The U.S. Supreme Court on Friday took up an appeal by President Donald Trump’s administration seeking to…
Democrats ask U.S. Supreme Court to save Obamacare
WASHINGTON (Reuters) – The Democratic-controlled U.S. House of Representatives and 20 Democratic-led states asked the Supreme Court on Friday to…
Novartis, Merck and Allergan join those raising U.S. drug prices for 2020
NEW YORK (Reuters) – Novartis AG, Merck & Co Inc and Allergan Plc were among companies that raised U.S. prices…
California governor rejects PG&E bankruptcy reorganization plan
(Reuters) – California Governor Gavin Newsom on Friday rejected a bankruptcy reorganization plan submitted by PG&E Corp (PCG.N), the state’s…
CVS to increase genetic testing for some cancer patients
(This December 12 story corrects to Missouri from Montana in last paragraph) By Caroline Humer and Julie Steenhuysen NEW YORK…
U.S. Supreme Court justices lean toward insurers on $12 billion Obamacare claims
WASHINGTON (Reuters) – U.S. Supreme Court justices on Tuesday appeared sympathetic to claims made by health insurers seeking $12 billion…
Tesla automated parking problems seen liability of app ‘driver’ for now
(Reuters) – Tesla Inc owners summoning their driverless cars in parking lots are likely liable for crashes, lawyers said after…
CVS drug coverage plan based on outside pricing review is off to a slow start
NEW YORK (Reuters) – A CVS Health Corp (CVS.N) health plan that uses an outside drug pricing group to help…
Sanders presidential campaign pivots health scare to Medicare for All message
WASHINGTON (Reuters) – Bernie Sanders’ 2020 presidential election campaign on Wednesday sought to use news the candidate had a heart…
U.S. agents raid genetic testing labs, charge 35 in Medicare fraud probe
WASHINGTON/LAWRENCEVILLE, Ga. (Reuters) – U.S. federal agents raided genetic testing laboratories, and 35 people were criminally charged in four states…
Prudential, M&G to split in October into two FTSE 100 firms
FILE PHOTO: The logo of British life insurer Prudential is seen on their building in London, Britain March 17, 2019.…
Democratic presidential candidate Buttigieg unveils health plan
WASHINGTON (Reuters) – Democratic presidential candidate Pete Buttigieg on Thursday unveiled his plan to reform the U.S. healthcare system by…
Trump says he likes a Republican drug bill after Democratic alternative unveiled
FILE PHOTO: U.S. President Donald Trump boards Air Force One as he departs Washington for travel to New Mexico from…
France’s CNP and Brazil’s Caixa seal $1.7 billion insurance deal
FILE PHOTO: A view shows the company logo of Caixa Economica Federal bank in downtown Rio de Janeiro August 20,…
Exclusive: France’s CNP and Brazil’s Caixa close to reaching $1.7 billion insurance deal – sources
FILE PHOTO: A view shows the company logo of Caixa Economica Federal bank in downtown Rio de Janeiro August 20,…
Lloyds and Barclays hit by $4 billion insurance mis-selling claims
LONDON (Reuters) – Lloyds (LLOY.L) and Barclays (BARC.L) on Monday said a surge in late claims could see them pay…
Telemarketer charged in $1.2 billion Medicare fraud scheme pleads guilty in NJ
(Reuters) – The owner of a telemarketing company implicated in the largest component of a $1.2 billion Medicare fraud involving…
Novartis, Lonza deepen biosimilars push with MS, arthritis drug deals
ZURICH (Reuters) – Swiss drugmakers Novartis and Lonza separately deepened their push into so-called biosimilars, betting cheaper copies of name-brand…
Democrats’ Medicare for All must consider union-won plans: AFL-CIO
WASHINGTON (Reuters) – Democratic White House hopefuls should ensure their Medicare for All proposals honor union-negotiated private insurance, AFL-CIO President…
Democrats’ Medicare for All plans must consider union-negotiated health plans: AFL-CIO chief
WASHINGTON (Reuters) – Democratic White House hopefuls should ensure their Medicare for All proposals honor union-negotiated private insurance, AFL-CIO President…
South Africa to roll out sweeping health reform in stages
PRETORIA (Reuters) – A proposed move to universal health coverage in South Africa will be rolled out in stages as…
Democrat Buttigieg targets mental illness, addiction in new plan
(Reuters) – Democratic U.S. presidential candidate Pete Buttigieg aims to prevent one million deaths by 2028 from addiction and mental…
SoftBank plans to lend up to $20 billion to employees to invest in new fund: WSJ
Japan’s SoftBank Group Corp Chief Executive Masayoshi Son attends a news conference in Tokyo, Japan, November 5, 2018. REUTERS/Kim Kyung-Hoon…
Patient groups push back against Gilead’s pricey HIV prevention treatment
LOS ANGELES (Reuters) – Gilead Sciences Inc (GILD.O) hopes to soon introduce a pricey new pill to prevent HIV in…
Trump administration considers September unveiling of healthcare plan: WSJ
FILE PHOTO: U.S. President Donald Trump arrives at Morristown municipal airport for a weekend at the Trump National Golf Club…
Pandemic bonds face scrutiny after Ebola outbreak yet to trigger payout
LONDON (Reuters) – World Bank funding instruments issued to help emerging countries swiftly tackle pandemics have come under the spotlight…
Senators announce bipartisan proposal to lower drug prices
WASHINGTON/NEW YORK (Reuters) – The top Republican and Democrat on the U.S. Senate Finance Committee announced a proposal to lower…
Senators announce bipartisan proposal to lower drug prices
WASHINGTON/NEW YORK (Reuters) – The top Republican and Democrat on the U.S. Senate Finance Committee announced a proposal to lower…
Biden versus Sanders: Top 2020 contenders snipe over healthcare policy
WASHINGTON (Reuters) – Democratic presidential front-runner Joe Biden and rival Bernie Sanders are waging a public battle this week over…
U.S. appeals court blocks Trump administration birth control exemptions
(Reuters) – A federal appeals court on Friday blocked the Trump administration from enforcing new rules allowing employers to obtain…
Democrats take aim as Trump abandons drug pricing plan
WASHINGTON (Reuters) – Democrats see U.S. President Donald Trump becoming increasingly vulnerable to criticism about healthcare costs after the administration’s…
White House scraps key plan to lower U.S. drug prices; may target drugmakers
NEW YORK/WASHINGTON (Reuters) – The Trump administration on Thursday scrapped one of its most ambitious proposals for lowering prescription medicine…
Appeals court panel grills Democratic defenders on constitutionality of Obamacare
NEW ORLEANS (Reuters) – A federal appeals court panel grilled Democratic attorneys general on Tuesday about whether Obamacare violates the…
U.S. judge strikes down Trump administration rule requiring drug prices in TV ads
(Reuters) – A federal judge on Monday dealt a blow to the Trump administration by striking down a new rule…
Obamacare’s future in play as U.S. appeals court weighs its constitutionality
NEW ORLEANS (Reuters) – The future of Obamacare could be at stake on Tuesday when a group of Democratic-led states…
Trump immigration proposal may mean sick kids lose health benefits
A Trump administration proposal to increase the odds that immigrants will be deemed “public charges” ineligible for government health benefits…
Bluebird prices gene therapy at 1.58 million euros over 5 years
(Reuters) – Bluebird bio Inc on Friday set a price for its gene therapy, Zynteglo, at 1.58 million euros ($1.78…
U.S. drugmakers file lawsuit against requiring drug prices in TV ads
FILE PHOTO: Used blister packets that contained medicines, tablets and pills are seen, in this picture illustration taken June 30,…
Canadian panel calls for universal public drug coverage
OTTAWA/TORONTO (Reuters) – A Canadian advisory council studying prescription drug coverage said on Wednesday the federal government should create a…
Medicaid expansion tied to fewer heart disease deaths
(Reuters Health) – With increased access to insurance under the Affordable Care Act (ACA), known as Obamacare, fewer middle-aged people…
Inflammatory bowel disease patients have higher health costs
(Reuters Health) – People with inflammatory bowel disease – either Crohn’s disease or ulcerative colitis – may incur health costs…
AIG to reach out to shareholders over executive pay: CEO
NEW YORK (Reuters) – American International Group Inc Chief Executive Officer Brian Duperreault said on Thursday the insurer is reaching…
In states with most overdose deaths, poor patients struggle to find treatment
Poor people with opioid use disorders may struggle to find doctors to prescribe the anti-addiction drug buprenorphine in U.S. states…
HSBC plans retail wealth headcount boost; eyes Singapore expansion
HONG KONG (Reuters) – HSBC Holdings PLC plans to boost its Asia retail wealth management staff by about 300 by…
Brazil’s Caixa picks Morgan Stanley as co-advisor on insurance deals: source
A view shows the company logo of Caixa Economica Federal bank in downtown Rio de Janeiro August 20, 2014. REUTERS/Pilar…
PG&E wins court approval to set up $105 million wildfire assistance fund
SAN FRANCISCO (Reuters) – PG&E Corp may set up a $105 million housing fund for victims of 2017 and 2018…
Berkshire swings to big profit; Buffett laments Kraft Heinz
OMAHA, Neb. (Reuters) – Warren Buffett’s Berkshire Hathaway Inc on Saturday said gains in its stock investments fueled a big…
Highlights: Wit and wisdom of Warren Buffett, the ‘Oracle of Omaha’
NEW YORK (Reuters) – Warren Buffett, the 88-year-old chairman and chief executive of Berkshire Hathaway Inc, is taking hours of…
‘We screwed up’ not buying Google shares, Berkshire’s Munger says
Berkshire Hathaway Vice Chairman Charlie Munger walks past a crowd at the annual Berkshire shareholder shopping day in Omaha, Nebraska,…
Warren Buffett: Berkshire discloses enough about itself
Berkshire Hathaway Chairman Warren Buffett walks through the exhibit hall as shareholders gather to hear from the billionaire investor at…
Medicare offers to partially raise payment for cancer CAR-Ts
(Reuters) – The U.S. Centers for Medicare and Medicaid Services will slightly increase coverage for expensive CAR-T cell therapies administered…
Bernie Sanders puts focus on healthcare with Medicare for All bill
WASHINGTON (Reuters) – U.S. Senator Bernie Sanders unveiled the latest version of his ambitious “Medicare-for-All” plan on Wednesday, moving the…
U.S judge strikes down rule allowing ‘skimpy’ health insurance plans
(Reuters) – A federal judge on Thursday stuck down a Trump administration rule aimed at enabling millions of Americans to…