Prudential Financial Inc shareholders on Tuesday approved the company’s compensation for executives and sided with directors in rejecting a proposal that would require an independent board chairman. More »
By Andrew M. Seaman(Reuters Health) – Where medical marijuana is legal, adults are more likely to use the drug illegally and are at an increased ris More »
U.S. President Donald Trump speaks during a signing ceremony with Treasury Secretary Steve Mnuchin at the Treasury Department in Washington, U.S., April 21, 2017. REUTERS/Aaron P. Bernstein U.S. President Donald Trump warned Democrats on Sunday that Obamacare ... More »
A woman walks past a sign of Japanese life insurer Mitsui Life Insurance Co., Ltd. at the company’s headquarters in Tokyo July 27, 2009. The characters read, ”Mitsui Life”. REUTERS/Stringer Mitsui Life Insurance Co plans to shift some funds to euro-denominated... More »
FILE PHOTO: Signage is seen at the Samsung 837 store in the Meatpacking District of Manhattan, New York, U.S., October 10, 2016. REUTERS/Andrew Kelly/File Photo South Korean authorities found no explosives at the headquarters of Samsung Life Insurance Co Ltd i... More »
An emergency sign points to the entrance to Scripps Memorial Hospital in La Jolla, California, U.S. March 23, 2017. REUTERS/Mike Blake The Trump administration on Thursday issued a final rule that will shorten the Obamacare enrollment period and give insurers ... More »
By Andrew M. Seaman(Reuters Health) – Gay and bisexual men in the United States who are diagnosed with HIV are promptly receiving the necessary trea More »
U.S. President Donald Trump arrives for the swearing in ceremony of Judge Neil Gorsuch as an Associate Supreme Court Justice in the Rose Garden of the White House in Washington, U.S., April 10, 2017. REUTERS/Joshua Roberts President Donald Trump said tax refor... More »
A group of U.S. state insurance regulators should use New York’s sweeping cyber security rules as a model for how insurers must protect their networks from hackers and when they must disclose cyber events, New York’s financial regulator said on Sunday. More »
U.S. House Majority Leader Kevin McCarthy (R-CA) departs a health care meeting at the U.S. Capitol in Washington, U.S. April 4, 2017. REUTERS/Eric Thayer Deep divisions cut short Republican hopes for a quick revival of Obamacare replacement legislation on Wedn... More »
A California pension fund has fired Franklin Templeton Investments, JPMorgan Chase & Co and Pacific Investment Management Co from some portfolio-management responsibilities in a shakeup that puts more of its assets in lower-fee, index-tracking investments, the... More »
By Ronnie Cohen(Reuters Health) – The drugstore chain Walgreens is taking a three-pronged approach to combat the public health crisis stemming from p More »
By Lisa Rapaport(Reuters Health) – Care at freestanding emergency departments may cost about 10 times more than similar treatment at urgent care cent More »
A Wells Fargo branch is seen in the Chicago suburb of Evanston, Illinois, U.S. on February 10, 2015. REUTERS/Jim Young/File Photo A federal judge on Thursday said Wells Fargo & Co (WFC.N) must face litigation seeking to hold it responsible for billions of doll... More »
U.S. House Speaker Paul Ryan (R-WI) speaks during his news conference after Republicans pulled the American Health Care Act bill to repeal and replace the Affordable Care Act act known as Obamacare, prior to a vote on Capitol Hill in Washington, U.S. March 24,... More »
Chuck Barris is shown in this December, 2002 file photograph during the premiere of ”Confessions of a Dangerous Mind” in Los Angeles. Chuck Barris, who tapped into Americans’ hunger to be on television by creating game shows such as “The Dating Game,” “The New... More »
FILE PHOTO- Potential buyers look at models of a new public housing estate to be constructed in Singapore February 13, 2017. REUTERS/Edgar Su/File Photos Business sentiment at Asia’s top companies rose to its highest in almost two years in the first quarter of... More »
U.S. President Donald Trump (C) and Health and Human Services Secretary Tom Price (L) enter the U.S. Capitol in Washington, U.S., March 21, 2017. REUTERS/Kevin Lamarque President Donald Trump tried to rally Republican lawmakers behind a plan to dismantle Obama... More »
FILE PHOTO – The characters of Judy Hopps and Nick Wilde pose at the premiere of ”Zootopia” at El Capitan theatre in Hollywood, California February 17, 2016. REUTERS/Mario Anzuoni/File Photo Walt Disney Co was sued on Tuesday by a longtime Hollywood screenwrit... More »
Speaker of the House Paul Ryan (R-WI) speaks to the media on Capitol Hill in Washington, U.S., March 16, 2017. REUTERS/Joshua Roberts U.S. House Republicans are working on changes to their healthcare overhaul bill to provide more generous tax credits for older... More »
The House Budget Committee begins the markup of the American Healthcare Act on Capitol Hill in Washington, U.S., March 16, 2017. REUTERS/Joshua Roberts Deeply divided Republicans squeezed their U.S. healthcare overhaul, backed by President Donald Trump, throug... More »
Copies of amendments offered during a marathon House Energy and Commerce Committee hearing on a potential replacement for the Affordable Care Act are seen on Capitol Hill in Washington March 9, 2017. REUTERS/Aaron P. Bernstein The Trump administration is worki... More »
AIA Group Chief Executive and President Mark Tucker poses during a news conference on the company’s annual results in Hong Kong, China February 24, 2017. REUTERS/Bobby Yip HSBC Holdings Plc (HSBA.L), Europe’s biggest bank, tapped an outsider for its top job on... More »
FILE PHOTO – The HSBC bank logo is seen at their offices in the Canary Wharf financial district in London, Britain, March 3, 2016. REUTERS/Reinhard Krause/File Photo The Hong Kong-listed shares of HSBC Holdings (0005.HK) were set to rise 0.95 percent on Monday... More »
Fund managers who are usually seen as the market’s more patient investors are not holding shares long enough to encourage firms to adjust for a more environmentally sustainable future or deal with other long-term risks, an influential think-tank said. More »
A worker washes windows high atop the Merrill Lynch building in downtown San Diego, California September 1, 2015. REUTERS/Mike Blake Merrill Lynch, a unit of Bank of America Corp, may not entirely do away with its commission-based retirement accounts, after Tr... More »
A copy of Obamacare repeal and replace recommendations (L) produced by Republicans in the U.S. House of Representatives sit next to a copy of the Affordable Care Act known as Obamacare as U.S. Health and Human Services Secretary Tom Price addresses the daily p... More »
By Carolyn Crist(Reuters Health) – Women with access to free long-term birth control after an abortion are more likely to use it and avoid future pre More »
A copy of Obamacare repeal and replace recommendations (L) produced by Republicans in the U.S. House of Representatives sit next to a copy of the Affordable Care Act known as Obamacare as U.S. Health and Human Services Secretary Tom Price addresses the daily p... More »
Speaker of the House Paul Ryan (R-WI) and House Majority Leader Kevin McCarthy (R-CA) speak about the American Health Care Act, the Republican replacement to Obamacare, at the Republican National Committee in Washington, U.S., March 8, 2017. REUTERS/Joshua Rob... More »
By Carolyn Crist(Reuters Health) – Even months after a stroke, survivors can make major strides in communication and quality of life with intensive s More »
U.S. President Donald Trump arrives aboard Air Force One, returning to Washington from a weekend in Florida, at Joint Base Andrews, Maryland, U.S. March 5, 2017. REUTERS/Jonathan Ernst Republican U.S. lawmakers expect to unveil this week the text of long-await... More »
By Andrew M. Seaman(Reuters Health) – – Obese people in the U.S. may not receive the same kind of care at the end of their lives as people who are t More »
FILE PHOTO – The federal government forms for applying for health coverage are seen at a rally held by supporters of the Affordable Care Act, widely referred to as ”Obamacare”, outside the Jackson-Hinds Comprehensive Health Center in Jackson, Mississippi, U.S.... More »
By Lisa Rapaport(Reuters Health) – Skin cancers caused by indoor tanning are responsible for $343 million a year in direct medical costs for U.S. pat More »
By Carolyn Crist(Reuters Health) – Children under age 5 are more likely to accidentally get injured if their mothers are having a depression or anxie More »
The office building of health insurer Anthem is seen in Los Angeles, California February 5, 2015. REUTERS/Gus Ruelas Anthem Inc. (ANTM.N) and other U.S. health insurers complained to the White House for more than a year that they were losing money on people wh... More »
U.S. President Donald Trump speaks during the Governor’s Dinner in the State Dining Room at the White House in Washington, U.S., February 26, 2017. REUTERS/Joshua Roberts President Donald Trump said on Sunday he will offer details on how he would like to overh... More »
A woman picks up a leaflet at a health insurance enrollment event in Cudahy, California March 27, 2014. REUTERS/Lucy Nicholson Proposals in Congress that would effectively end Medicaid expansion in 31 U.S. states would cost those states at least $32 billion al... More »
By Carolyn Crist(Reuters Health) – Consumers increasingly turn to commercial physician-rating websites, similar to those for restaurants and hotels, More »
By Ronnie Cohen(Reuters Health) – Every 25 minutes, a drug-addicted baby is born in the U.S. To try to protect the youngest victims of the na More »
By Shereen Lehman(Reuters Health) – For people with a certain type of migraine headache, regular acupuncture treatments may help reduce the frequency More »
A Wells Fargo branch is seen in the Chicago suburb of Evanston, Illinois, U.S. on February 10, 2015. REUTERS/Jim Young/File Photo Prudential Financial Inc, (PRU.N) the target of probes and lawsuits related to whether Wells Fargo & Co (WFC.N) retail bankers imp... More »
By Madeline Kennedy(Reuters Health) – As cancer drug costs rise, U.S. cancer patients are more likely than other medical patients to struggle with pa More »
By Lisa Rapaport(Reuters Health) – Married couples may be healthier than single, divorced or widowed adults at least in part because they have lower More »
An elderly lady walks in Copacabana in Rio de Janeiro September 13, 2011. REUTERS/Ricardo Moraes While the era of “alternative facts” dawned in Washington last week, experts from across the ideological spectrum gathered in the capital for a review of real fact... More »
FILE PHOTO – The federal government forms for applying for health coverage are seen at a rally held by supporters of the Affordable Care Act, widely referred to as ”Obamacare”, outside the Jackson-Hinds Comprehensive Health Center in Jackson, Mississippi, U.S.... More »
By Lisa Rapaport(Reuters Health) – Doctors may diagnose breast cancer later and be less likely to offer needed radiation for Hispanic immigrants than More »
U.S. dollar notes are seen in this November 7, 2016 picture illustration. Picture taken November 7. REUTERS/Dado Ruvic/Illustration U.S. insurers are buying corporate pension plans at a record clip as rising interest rates and all-time high stock-market values... More »
Marathon Pharmaceuticals LLC said on Monday it was “pausing” the launch of its Duchenne muscular dystrophy drug after U.S. lawmakers questioned why the company priced it at $89,000 a year when patients had been able to import it for as little as $1,000. More »
The office building of health insurer Anthem is seen in Los Angeles, California February 5, 2015. REUTERS/Gus Ruelas A federal judge on Wednesday ruled against U.S. health insurer Anthem Inc’s (ANTM.N) proposed $54 billion merger with smaller rival Cigna Corp ... More »
Francois Fillon, former French prime minister, member of The Republicans political party and 2017 presidential candidate of the French center-right, visits Le Coq Sportif factory as part of a campaign visit in Romilly-sur-Seine, France, February 7, 2017. Pictu... More »
U.S. President Donald Trump signs an executive order rolling back regulations from the 2010 Dodd-Frank law on Wall Street reform at the White House in Washington February 3, 2017. REUTERS/Kevin Lamarque With a swipe of his pen, U.S. President Donald Trump on F... More »
Medium-rise and low-rise residences and office buildings are seen from the first observatory deck of Tokyo Sky Tree in Tokyo October 30, 2011. REUTERS/Issei Kato/File Photo Commercial property prices in Tokyo, a bellwether for Japan’s market, look to have peak... More »
U.S. President-elect Donald Trump speaks during a news conference in the lobby of Trump Tower in Manhattan, New York City, U.S., January 11, 2017. REUTERS/Lucas Jackson U.S. President-elect Donald Trump aims to replace Obamacare with a plan that would envisage... More »
Scott Ozawa brushes his teeth with a Beam toothbrush at his home in Belmont, California, U.S. December 18, 2016. Picture taken December 18, 2016. REUTERS/Noah Berger Twice a day, Scott Ozawa’s Bluetooth-enabled toothbrush tells his dental insurer if he brushed... More »
A bill repealing Obamacare sits on a desk after being signed by U.S. House Speaker Paul Ryan (R-WI) at the U.S. Capitol in Washington January 7, 2016. REUTERS/Jonathan Ernst U.S. House Republicans on Friday won passage of a measure starting the process of dism... More »
The federal government forms for applying for health coverage are seen at a rally held by supporters of the Affordable Care Act, widely referred to as ”Obamacare”, outside the Jackson-Hinds Comprehensive Health Center in Jackson, Mississippi, U.S. on October 4... More »
A majority of the U.S. House of Representatives on Friday voted to advance legislation instructing committees to write legislation repealing President Barack Obama’s landmark healthcare law. More »
Florida’s insurance commissioner is allowing MetLife Inc and Unum Group boost long-term care premiums, alleviating financial stress the insurers have been facing from rising medical costs and policyholders living longer. More »
People walk through the newly opened Liberty Park above Liberty Street on the World Trade Center site in the Manhattan borough of New York, U.S., June 29, 2016. REUTERS/Andrew Kelly Newly empowered Republicans in Washington are not retreating from their battle... More »
By Andrew M. Seaman(Reuters Health) – The number of older women in the U.S. being screened for breast cancer increased after the Affordable Care Act More »
By Gene Emery(Reuters Health) – An analysis of 15.3 million doctor office visits shows that physicians get paid significantly more if they are part o More »
A man sits at a health insurance enrollment event in Cudahy, California March 27, 2014. REUTERS/Lucy Nicholson Anyone nearing retirement – or already retired – should pay very close attention to the doings of the 115th Congress that was sworn in this week. More »
(Corrects location of Washington State University Health Policy and Administration program to Spokane, from Pullman, in paragraph 13)By Madeline Ken More »
By Gene Emery(Reuters Health) – Two of the largest suppliers of the life-saving drug naloxone have dramatically increased their prices in recent year More »
A person holds pharmaceutical tablets and capsules in this picture illustration taken in Ljubljana September 18, 2013. REUTERS/Srdjan Zivulovic U.S. health spending in 2015 rose at its fastest rate since 2007, driven by expanded access to insurance under the A... More »
By Kathryn Doyle(Reuters Health) – Many patients who have their appendix removed can safely go home from the hospital the same day, according to a ne More »
Graduating students of the City College of New York cheer during the College’s commencement ceremony in the Harlem section of Manhattan, New York, U.S., June 3, 2016. REUTERS/Mike Segar At a moment of sharp national division, here is a bit of good news: young ... More »
A railway track lies damaged alongside State Highway One near Kaikoura on the upper east coast of New Zealand’s South Island following an earthquake, November 14, 2016. Sgt Sam Shepherd/Courtesy of Royal New Zealand Defence Force/Handout via REUTERS A powerful... More »
Republican presidential nominee Donald Trump arrives for his election night rally at the New York Hilton Midtown in Manhattan, New York, U.S., November 9, 2016. REUTERS/Andrew Kelly/File Photo Donald Trump’s surprise victory in the U.S. presidential race is pu... More »
A pair of elderly couples view the ocean and waves along the beach in La Jolla, California March 8, 2012. REUTERS/Mike Blake Retirement security already looked like a looming train wreck for most U.S. households before Election Day. Now, the consolidation of R... More »
Katie McGinty, the Democratic nominee for Senate in Pennsylvania, speaks with a supporter at a rally, in Philadelphia, Pennsylvania, U.S., September 6, 2016. Picture taken September 6, 2016. REUTERS/Joseph Ax Senior Democrats said on Monday their chances of wi... More »
Mary Anne Ehlert came by her expertise in financial planning for special-needs families the hard way: she has lived through the challenge herself. More »
By Kathryn Doyle(Reuters Health) – For patients with advanced cancer, palliative care should start early and be an integral part of treatment, not ju More »
The MetLife building is seen in New York, March 8, 2010. REUTERS/Shannon Stapleton/File Photo The U.S. government and the country’s largest life insurer are set for a rematch in a U.S. appeals court on Monday over how federal regulators decide a company is “to... More »
Health insurer Cigna Corp has discontinued its policy of requiring doctors to seek authorization before treating opioid addicts, as part of a fight against an epidemic of opioid abuse, New York Attorney General Eric Schneiderman said on Friday. More »
By Lisa Rapaport(Reuters Health) – Chemotherapy regimens for breast cancer can vary wildly in price even when they are comparable in their ability to More »
By Andrew M. Seaman(Reuters Health) – People with terminal illnesses may legally end their lives with certain medications in the U.S. state of Washi More »
Scientists in the United States have successfully treated broken spines and skulls in animals using 3D-printed synthetic bone, opening the possibility of future personalized bone implants for humans to fix dental, spinal other bone injuries. More »
By Lisa Rapaport(Reuters Health) – Women with early-stage breast cancer may have fewer treatment complications and lower costs when they don’t get a More »
A group of 40 investors managing $1.25 trillion in assets have launched a campaign to encourage 16 global food companies to change the way they source protein for their products to help to reduce environmental and health risks. More »
A U.S. insurance company that works with more than 70,000 elderly policy holders to meet their healthcare needs is aiming to cut all of its financial ties to troubled hedge fund manager Platinum Partners by the end of the year. More »
U.S. President Barack Obama delivers remarks about health insurance marketplace enrollments and the Affordable Care Act, commonly known as Obamacare, in Milwaukee, Wisconsin March 3, 2016. REUTERS/Jonathan Ernst Nearly a third of U.S. counties will likely be s... More »
HONG KONG Years of breakneck growth for China’s top insurers has been partly fueled by a splurge on risky investment products that could punch multi-billion-dollar holes in their balance sheets if the slowing economy triggers heavy debt defaults. Industry prem... More »
TOKYO In delaying its IPO by two years, Japanese messaging app company Line Corp bought time to correct weak financial reporting controls, work on its business plan, bolster staffing – and left billions of dollars on the table as its valuation shriveled. Line’... More »
LONDON Britain’s 2.2 million financial industry workers face years of uncertainty and the risk of thousands of job cuts after the country voted to quit the European Union, an upheaval that threatens London’s dominance of finance. The ‘Vote Leave’ campaign fron... More »
MUNICH, Germany Europe’s growing army of robot workers could be classed as “electronic persons” and their owners liable to paying social security for them if the European Union adopts a draft plan to address the realities of a new industrial revolution. Robots... More »
TORONTO Business got even tougher for Canada’s newspaper industry last year, data showed on Friday, with nationally distributed advertising cut by almost a quarter and online ad sales barely taking up any of the slack. Total daily-newspaper revenue in 2015 fel... More »
(Reuters Health) – U.S. doctors and hospitals throw out almost $3 billion (roughly 2.7 billion euros) in unused cancer drugs each year because the medicines come in supersized single-use packages and excess medicine must be discarded for safety reasons, a rece... More »
ZURICH Credit Suisse (CSGN.S) Chief Executive Tidjane Thiam received 18.9 million Swiss francs ($19.4 million) from the Swiss bank in 2015 even after he asked to have his bonus cut by 40 percent, according to its annual report published on Thursday. Thiam, who... More »
WASHINGTON The Supreme Court on Wednesday headed toward a possible 4-4 split over a legal challenge by Christian nonprofit employers who object to providing female workers insurance covering birth control as required by President Barack Obama’s healthcare law.... More »
Reuters Health – After one year, gastric bypass surgery did a better job of bringing type 2 diabetes into remission than an intensive diet and exercise regimen, according to results of a small trial among obese patients. Gastric bypass surgery precipitates wei... More »
MILAN/LONDON Telecom Italia Chief Executive Marco Patuano officially resigned on Monday, confirming reports at the weekend he was on his way out as top shareholder Vivendi tightens its grip on the Italian phone group. Telecom Italia’s shares rose 4 percent, ad... More »
Health insurer Anthem Inc (ANTM.N), which is in the process of buying smaller rival Cigna Corp (CI.N), reported a 6.3 percent rise in quarterly revenue as more people enrolled in its Medicaid plans. Anthem, which operates Blue Cross Blue Shield plans in more t... More »
LONDON British insurer Prudential Plc (PRU.L) posted a slightly above-forecast capital ratio under new European rules and appointed a UK head as it attempts to woo investors later on Tuesday. Prudential has been a darling of investors but worries about Asian m... More »
SINGAPORE A surge in socially responsible investments to $59 trillion globally over the past decade is nudging Asian firms to change a notoriously insular management style to one that actively addresses corporate governance concerns. As earnings growth and Chi... More »
CHARLESTON, S.C. U.S. Democratic presidential candidate Bernie Sanders released details on Sunday evening about his “Medicare-for-all” universal healthcare funding plan and how he would pay for it. The plan was released hours before Sanders was to square off i... More »
ZURICH Drug companies have taken too great a share of the benefits of new drug treatments but are moving to different models involving sharing more with health systems and insurers, the head of Swiss-based Novartis was quoted saying on Sunday. “We need to tran... More »
ZURICH/LONDON When Tidjane Thiam unveils his plans for Credit Suisse on Wednesday the Swiss bank’s new chief executive will likely rest his case on three Cs: capital, cuts and charm. Thiam will show his hand after taking the reins at Zurich-based Credit Suisse... More »