Health Care

President Donald Trump makes big promises to reduce prescription drug costs, but his administration is gravitating to relatively modest steps such as letting Medicare patients share in manufacturer rebates.

More than 80,000 laptops with a potentially defective battery are among this week's recalled consumer products.

PepsiCo unveils new sparkling-water line called bubly.

There are places overseas where retirees can enjoy excellent-quality healthcare—as good if not better than what they expect in the US for pennies on the dollar.

President Donald Trump will propose lowering prescription drug costs for Medicare beneficiaries by allowing them to share in rebates that drug companies pay to insurers and middlemen, an administration official said.

Drug companies would bear a bigger share of Medicare's costs under the congressional budget deal, a shift that could help limit future increases in beneficiaries' premiums for prescription coverage.

Trump to propose reducing some prescription drug costs for Medicare beneficiaries.

The Latest on proposals by President Donald Trump and in the Senate budget bill to lower drug prices for Medicare beneficiaries (all times local): 9 p.m. President Donald Trump is proposing to lower prescription drug costs for Medicare beneficiaries by allowing them to share in rebates that drug companies pay to insurers and other middlemen.

The chief executive of Teva Pharmaceuticals says he is making "strong progress" on the company's restructuring plan, but has acknowledged the generic drug giant faces a challenging 2018.

The appointment is not the first for Mr. Immelt since his departure last year from GE, where he spent 16 years as CEO.

For the third time in the past three years, General Motors has asked the U.S. government for permission to avoid recalls of potentially deadly Takata air bag inflators.

The man buying the Los Angeles Times is a 65-year-old physician-entrepreneur described by Forbes Magazine as "America's richest doctor."

Under pressure from U.S. safety regulators, Harley-Davidson is recalling nearly 175,000 motorcycles because the brakes might fail.

Drugmaker GlaxoSmithKline sank to a fourth-quarter loss of 546 million pounds ($758 million) from a profit of 257 million pounds a year earlier, as it dealt with U.S. tax changes.

Chipotle, which has been struggling to turn its business around after a series of food safety scares, said a key sales figure rose in the fourth quarter as it raised menu prices.

The drugmaker said patients on its treatment were relieved of pain after two hours, and did not experience migraine symptoms compared to a placebo.

Greece's government says it has evidence that senior politicians from the previous administration were involved in a bribery case in which Swiss drugmaker Novartis is accused of making illegal payments to fix prices and increase market access.

President Donald Trump is citing protests over health care funding in Britain to attack Democrats for "pushing for Universal HealthCare."