HEALTHCARE

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Obama says recovery depends on healthcare

President Barack Obama said on Wednesday he realized Americans were skeptical about his healthcare overhaul, but that the country's economic recovery depended on implementing the $1 trillion plan.

Obama says healthcare crucial for economy

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U.S. President Barack Obama said on Wednesday a broad healthcare overhaul was critical to an economic recovery and promised to push a reform package through Congress this year despite growing doubts about the plan, even among fellow Democrats.

Drug companies post solid results

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Three of the world's biggest drugmakers posted better-than-expected quarterly earnings on Wednesday and gave bullish forecasts for the rest of the year, demonstrating the industry's resilience in the weak economy.
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Drug companies post solid results, offer bullish view

Three of the world's biggest drugmakers posted better-than-expected quarterly earnings on Wednesday and gave bullish forecasts for the rest of the year, demonstrating the industry's resilience in the weak economy.
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Support for Obama on healthcare slips: poll

Public support for President Barack Obama's handling of healthcare reform, the pillar of his legislative agenda, has fallen below 50 percent for the first time, a Washington Post-ABC News poll released on Monday said.
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Obama tries to regain momentum in healthcare debate

President Barack Obama appealed to Americans on Saturday to back his ambitious revamp of the U.S. health care system, seeking to regain momentum amid growing worries among lawmakers over how to pay for it.
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House panels pass health bill, critics slam cost

President Barack Obama's far-reaching plan to guarantee all Americans healthcare coverage faced trouble on Friday over its more than $1 trillion price tag, so Democrats looked for ways to reduce healthcare costs as they moved the bill forward.
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House Democratic leaders pledge healthcare progress

Democratic leaders in the U.S. House of Representatives on Friday hailed historic progress on healthcare legislation and pledged to continue momentum to deliver on President Barack Obama's vow of reform.
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Next steps in U.S. Congress on healthcare

Congress has picked up the pace of its work on an overhaul of the $2.5 trillion healthcare industry as it tries to pass legislation in each chamber before the August congressional recess.
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Obama looks for Republican healthcare backing

President Barack Obama on Thursday sought to convince Republicans to support overhaul of the U.S. healthcare industry, his signature domestic policy goal, as the measures moved on a fast-track through congressional committees with only Democratic support.
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Reaction to Democratic healthcare plan

House Democrats unveiled a 1,000-page proposal to overhaul the $2.5 trillion U.S. healthcare industry. The ground-breaking bill includes a government-paid insurance option that would compete with private insurers, and tax increases for the wealthy.
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House Democrats vow healthcare plan by August

U.S. President Barack Obama's plans to overhaul the $2.5 trillion healthcare industry got a boost on Tuesday as Democrats in the House of Representatives offered sweeping legislation and predicted passage on schedule by August.
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Obama seeks to regain initiative on healthcare

A combative President Barack Obama on Monday sought to regain the initiative on overhauling the U.S. healthcare system after legislation slowed down in the U.S. Congress while he was abroad last week.
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Stimulus packages spur Philips recovery hopes

Philips Electronics, Europe's biggest consumer electronics maker, said some of its key markets are primed for an upturn in sales, though any growth this year would likely be driven by government spending programs.
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Lawmakers reject tax to pay for health reform

U.S. lawmakers on Sunday criticized a plan to raise taxes on the wealthy to pay for a $1 trillion healthcare overhaul and warned Congress was unlikely to meet President Barack Obama's goal of passing the measure by August.
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Tech, commodity stocks lift S&P and Nasdaq

The S&P 500 and the Nasdaq rose on Thursday as investors rotated into beaten-down technology and commodity shares from healthcare and consumer staples, while a positive broker comment on Goldman Sachs boosted the financial sector.

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