HEALTHCARE

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Cardinal net profit falls, but shares rise

Drug wholesaler Cardinal Health Inc posted a 14 percent decline in quarterly net profit on Tuesday, hurt by costs related to its spin-off of its medical technology company CareFusion.

Cardinal net falls, hurt by spinoff costs

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Drug wholesaler Cardinal Health Inc posted a 14 percent decline in quarterly net profit on Tuesday, hurt by costs related to its spin-off of its medical technology company CareFusion.
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Nobel Biocare Q2 profit beats forecast, shares up

Swiss dental implant maker Nobel Biocare beat forecasts with a 16 percent rise in second-quarter profit thanks to cost-cutting, raising hopes that the worst of the economic downturn was behind the group.
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Obama woos public on healthcare as debate heats up

President Barack Obama will seek to counter an onslaught of conservative opposition to his efforts to overhaul the U.S. healthcare system by taking his message to a town hall meeting with the public on Tuesday at a New Hampshire high school.
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Obama: Worst may be over in economic crisis

President Barack Obama said on Friday the latest U.S. unemployment figures showed the worst may be over in the economic crisis but acknowledged there was more work to be done to put the economy back on track.
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Obama gives healthcare pep talk as Senate leaves

President Barack Obama delivered a pep talk to a bipartisan group of senators negotiating a healthcare overhaul on Thursday as the U.S. Senate headed on vacation without a deal on his top domestic priority.
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UK cannabis medicine maker GW lures U.S. investor

GW Pharmaceuticals Plc won a significant endorsement for its cannabis-based medicines on Thursday as U.S. investor Great Point Partners bought a multi-million pound stake in the company, sending GW shares sharply higher.
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Obama vows to pass healthcare reform

Despite polls showing growing public doubts about his healthcare overhaul, U.S. President Barack Obama vowed on Wednesday to get a reform bill through Congress this year even without Republicans on board.
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Disarray hobbles U.S. financial regulation effort

Disagreement within the Obama administration over reshaping U.S. financial regulation flared on Tuesday, with top bank regulators defending their turf against key parts of a plan to overhaul bank supervision.
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Dollars chase influence in U.S. healthcare debate

Healthcare companies are spending millions of dollars and marshaling armies of lobbyists to influence a landmark debate in the U.S. Congress that could dramatically change the way they do business.
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White House faces questions on healthcare message

The White House is facing uncomfortable questions about its strategy for selling President Barack Obama's healthcare overhaul to Americans, after a series of opinion polls showed eroding support for it.
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Senate hits another snag on healthcare

With polls showing public support for President Barack Obama's healthcare reform waning, Senate negotiators hit another snag on Thursday when a key Finance Committee Republican said the panel would not be ready to vote until September.
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Co-ops in focus in U.S. healthcare debate

U.S. lawmakers debating a huge overhaul of the nation's healthcare system are increasingly focusing on proposals that healthcare cooperatives could be formed to help provide medical coverage.

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