HEALTHCARE

The Democratic-controlled U.S. Congress on Thursday moved toward passing a federal budget that embraces President Barack Obama's initiatives on healthcare, energy and education but leaves the government deeply in debt for the foreseeable future.

Intel is open to making acquisitions with weakening markets making prices more palatable, and sees technology's key growth areas in healthcare and visual media, outgoing chairman Craig Barrett said on Friday.

President Barack Obama lobbied fellow Democrats on Wednesday to support major initiatives in his $3.55 trillion budget proposal and the White House played down differences as lawmakers sought to trim the plan to reduce long-term deficits.

President Barack Obama's fellow Democrats in the U.S. House of Representatives on Wednesday proposed slimming down his fiscal 2010 budget to $3.45 trillion from $3.55 trillion amid bipartisan concerns about it exploding the deficit.

President Barack Obama is grappling with the AIG bonus furor by both accepting responsibility for the government's failure to head off the payments and blaming it on the big mess he inherited.

As many as 75 percent of U.S. doctors will be writing electronic prescriptions within five years, thanks to new federal spending to encourage e-prescribing, according to a forecast released on Monday.

As many as 75 percent of U.S. doctors will be writing electronic prescriptions within five years, thanks to new federal spending to encourage e-prescribing, according to a forecast released on Monday.

WASHINGTON - U.S. business leaders urged lawmakers on Thursday to act quickly on healthcare reform, saying American companies were losing out to other countries with cheaper healthcare and healthier workers.

U.S. business leaders urged lawmakers on Thursday to act quickly on healthcare reform, saying American companies were losing out to other countries with cheaper healthcare and healthier workers.

U.S. stocks climbed for a third day on Thursday, rising more than 2 percent to session highs after Standard & Poor's cut General Electric's ratings by just a single notch and signaled no further downgrades loomed, while data suggested some stabilization in consumer spending.

U.S. Treasury Secretary Timothy Geithner on Wednesday blamed soaring budget deficits partly on failure by the former Bush administration to make needed investments in energy security and healthcare.

Stocks rose on Tuesday as investors snapped shares in beaten-down sectors including financials, materials and healthcare a day after the market hit lows not seen since 1997.

President Baraka Obama announced changes to the healthcare system on Monday, appointing two key officials, including a new Health and Human Services secretary.

Stocks fell in volatile trade on Thursday as investors sold off shares of healthcare companies such as Merck & Co on worries that President Obama's budget proposal will strangle profits.

Stocks fell in volatile trade on Thursday as investors sold off shares of healthcare companies such as Merck & Co on worries that President Obama's budget proposal will strangle profits.

Stocks fell on Thursday as investors sold off healthcare shares on worries that President Obama's budget proposal will sap industry profits.

The Dow industrials and the S&P 500 rose on Thursday as news the Obama administration could request more money to shore up ailing banks sent financial shares higher, offsetting declines in healthcare companies. Banks, whose health has been a concern for investors and pulled the market to 12-year lows on Monday, were a standout. Shares of Bank of America gained 8 percent to $5.5...

Former senate leader, Tom Daschle withdrew his nomination to be President Barack Obama's Health and Human Services secretary on Tuesday, saying he did not want to be a distraction.

President Barack Obama began his administration taking a humble stance in the face of major economic and wartime crises facing the nation but called on Americans to meet challenges through hard work and values such as sacrifice and responsibility.

An AIDS healthcare foundation urged Merck executives to change the company's pricing and access policies as it announced a new campaign in advertisement that criticizes an increase of up to six times the price of its AIDS drug Stocrin in Mexico and other middle-income countries.

Shares of Sirtris Pharmaceuticals rose as much as 80.46 percent to $22.07 in after trading hours on Tuesday in the New York Stock Exchange as healthcare group GlaxoSmithKline Plc. entered into a definitive agreement to acquire Sirtris for $720 million in a cash tender offer of $22.50 per share.