HEALTHCARE

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Health reform a slow moving freight train

Health reform negotiations have moved behind closed doors in Congress, but chances are high that a bill will pass this year -- even if it doesn't do all that much to revamp the nation's swelling $2.5 trillion health care system.

House healthcare bill under $900 billion: Pelosi

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House of Representatives Speaker Nancy Pelosi said on Tuesday new estimates showed a healthcare overhaul drafted by Democrats would reduce the U.S. budget deficit over 10 years and cost less than $900 billion.

Corinthian to buy Heald Capital for $395 mln

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Education provider Corinthian Colleges Inc said it agreed to acquire Heald Capital, the parent company of Heald Colleges, in a cash deal valued at about $395 million, including debt.
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Boston Scientific cuts profit outlook, shares slide

Boston Scientific Corp on Monday reported a quarterly net profit, compared with a year-ago loss, but cut its full-year earnings outlook, citing weakness in the market for implantable heart defibrillators.
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Senate panel backs healthcare reform

A key U.S. Senate committee endorsed a sweeping healthcare overhaul on Tuesday, gaining the support of an influential Republican and delivering President Barack Obama a victory on his top domestic priority.
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Senate panel endorses healthcare overhaul

A key U.S. Senate committee endorsed a sweeping healthcare overhaul on Tuesday, gaining the support of an influential Republican and delivering President Barack Obama a victory on his top domestic priority.
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Dow and S&P fall; Cisco lifts Nasdaq

The Dow and S&P 500 fell on Tuesday after Johnson & Johnson reported disappointing third-quarter sales, while the Nasdaq edged up after Cisco Systems Inc announced a large acquisition.
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J&J quarterly sales miss estimates

Johnson & Johnson posted weaker-than-expected quarterly revenue on Tuesday as sales of prescription drugs and heart stents disappointed, sending its shares down 2.5 percent.
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Healthcare overhaul poised for big step forward

U.S. President Barack Obama's push for sweeping healthcare reform was poised to clear a key Senate hurdle on Tuesday, opening a new phase in the raging debate over his top domestic priority.
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Stock futures flat after J&J results

Stock futures were flat on Tuesday as a weaker U.S. dollar helped lift commodity prices and Johnson & Johnson's third-quarter sales figures disappointed investors.
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Miners pull FTSE down 0.3 pct; UK inflation due

Britain's leading shares were 0.3 percent lower early on Tuesday, retreating from a 12-month high set the previous session with investors staying on the sidelines ahead of UK inflation data and upcoming U.S. corporate earnings.
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White House blasts health insurance sector report

The White House Monday blasted a report from the health insurance industry that said Senate healthcare legislation would lead to increases in annual insurance premiums of as much as $4,000 by 2019.
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Earnings hopes lift Europe stocks to near 3-week high

European stocks were up 1.2 percent by midday on Monday, hitting a near three-week high, as forecast-beating results from Philips (PHG.AS) fuelled hopes over results ahead of this week's earnings from bellwethers.
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Obama vows to end restrictions on gays in military

President Barack Obama, speaking on the eve of a major gay-rights march, told gay supporters on Saturday he would fight for their causes and renewed a pledge to end restrictions on their service in the U.S. military.
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Obama urges lawmakers to finish healthcare reform

With a critical Senate committee vote on healthcare reform looming, President Barack Obama on Saturday urged lawmakers to unite behind the effort but Republicans warned the plan would slap a hefty tax on many Americans.
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Healthcare reform gathers steam

President Barack Obama's push for healthcare reform gathered steam on Thursday as a Senate panel scheduled a key vote and Democrats in the House of Representatives moved closer to hatching a bill.

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