A group of American doctors adopts a new policy on the assessment of healthy weights

A group of American doctors adopts a new policy on the assessment of healthy weights

(1/3) An overweight woman sits in a chair in Times Square in New York, May 8, 2012. REUTERS/Lucas Jackson/File Photo June 14 (Reuters) – The American Medical Association (AMA) said on Wednesday it would advise doctors to pay less attention to body mass index (BMI) when determining whether a patient is at a healthy weight, … Read more

Health insurers have come under fire after UnitedHealth says more surgeries are driving up costs

Health insurers have come under fire after UnitedHealth says more surgeries are driving up costs

(1/2) The UnitedHealth Group corporate logo is seen on the side of one of their office buildings in Santa Ana, California, U.S., April 13, 2020. REUTERS/Mike Blake/File Photo/File Photo June 14 (Reuters) – Shares of health insurers fell sharply on Wednesday after UnitedHealth Group (UNH.N) said its costs were up due to an increase in … Read more

Merck sues US government to suspend Medicare drug pricing negotiations

Merck sues US government to suspend Medicare drug pricing negotiations

NEW YORK, June 6 (Reuters) – Merck & Co (MRK.N) sued the U.S. government on Tuesday, seeking to end Medicare’s drug price negotiation program contained in the Inflation Reduction Act (IRA), which , he says, violates the Fifth and First Amendments to the U.S. Constitution. This is the first attempt by a drugmaker to challenge … Read more

More insurers are deserting the net zero alliance as the UN climate group sounds the alarm

More insurers are deserting the net zero alliance as the UN climate group sounds the alarm

(1/3) The logo of insurer Allianz SE is seen on the company’s building in Puteaux, in the financial and business district of La Defense near Paris, outside Paris, France, May 14, 2018. REUTERS/Charles Platiau /File Photo Lloyd’s of London is the latest of the six to leave NZIA UN group warns ‘political attacks’ hurt insurers … Read more

AAArrgg! Stocks in debt ceiling danger zone after US rating warning

AAArrgg!  Stocks in debt ceiling danger zone after US rating warning

(1/2) The US Capitol is reflected in a falling puddle amid ongoing negotiations seeking a deal to raise the US debt ceiling and avert a catastrophic default, in Washington, US, on May 24, 2023. REUTERS/Jonathan Ernst SINGAPORE, May 25 (Reuters) – Markets were stuck in U.S. debt ceiling limbo on Thursday as Europe largely shrugged … Read more

Obesity drug provides heart health benefits alongside weight loss, study finds

Obesity drug provides heart health benefits alongside weight loss, study finds

DUBLIN, May 19 (Reuters) – Taking the new obesity drug from Novo Nordisk (NOVOb.CO) could help reduce the risk of heart disease and boost weight loss, according to a new U.S. study. After one year of taking semaglutide, marketed as Wegovy, patients’ risk of suffering conditions like a heart attack or stroke in the next … Read more

Big US banks to pay billions to replenish default fund

Big US banks to pay billions to replenish default fund

May 11 (Reuters) – Big U.S. lenders will bear most of the cost of replenishing a deposit insurance fund that was drained of $16 billion by the collapse of Silicon Valley Bank and two other lenders , although mid-sized banks will also be on the hook, the Federal Deposit Insurance Corporation (FDIC) announced Thursday. The … Read more

Warren Buffett denounces the management of bank failures, optimistic for the United States and Berkshire

Warren Buffett denounces the management of bank failures, optimistic for the United States and Berkshire

OMAHA, Nebraska, May 6 (Reuters) – Warren Buffett on Saturday criticized the handling of recent turmoil in the banking sector and said a showdown over the debt ceiling could cause “turbulence” in the financial system, even though he offered a vote of confidence in the United States and its conglomerate Berkshire Hathaway Inc (BRKa.N). Speaking … Read more

Regulators seize First Republic Bank and sell assets to JPMorgan

Regulators seize First Republic Bank and sell assets to JPMorgan

May 1 (Reuters) – Regulators seized First Republic Bank (FRC.N) and sold its assets to JPMorgan Chase & Co (JPM.N) on Monday, as part of a deal to resolve the world’s biggest bank failure American since the financial crisis of 2008 and to draw a line under a persistent banking crisis. First Republic was among … Read more

PNC and JPMorgan Submit Final Offers for First Republic Bank at FDIC Auction

PNC and JPMorgan Submit Final Offers for First Republic Bank at FDIC Auction

NEW YORK, April 30 (Reuters) – PNC Financial Services Group (PNC.N) and JPMorgan Chase & Co (JPM.N) were among banks due to submit their final offers for First Republic Bank (FRC.N) midday on Sunday in one at an auction run by US regulators, sources familiar with the matter said. The Federal Deposit Insurance Corp is … Read more