Health Care

UnitedHealth's profit rises 26.3%

UnitedHealth Group, the largest U.S. health insurer, reported a stronger-than-expected quarterly profit and raised its full-year adjusted earnings forecast, helped by growth across all its businesses.

Wolf blames Trump, Congress for spiking health coverage cost

Democratic Gov. Tom Wolf's administration on Monday blamed President Donald Trump and the Republican-led Congress for a sharp increase in the cost of health insurance that will take effect next year for some of the 500,000-plus people who buy individual plans in Pennsylvania.

Trump Obamacare move seen harming Americans, bipartisan prospects

U.S. President Donald Trump will hurt low-income Americans by doing away with Obamacare subsidies and make it harder for him to engage in bipartisan talks with Democrats as Congress edges toward a possible government shutdown, lawmakers said on Sunday.

Trump ends key ObamaCare subsidies: What you need to know

The White House announced late Thursday that it will discontinue funding for key ObamaCare subsidies, a decision that could rattle the insurance market but likely will force Congress to act before any real damage is done, according to one expert.

Bayer sells units to be able to complete Monsanto takeover

German pharmaceutical giant Bayer AG has reached a 5.9 billion euro ($7 billion) deal to sell parts of its Crop Science unit to German chemical company BASF to alleviate regulatory concerns over its planned takeover of U.S. seed and weed-killer company Monsanto Co. Monsanto last year accepted an offer from Bayer to pay $57 billion to its shareholders and assume $9 billion in debt.

Trump to halt subsidies to health insurers

Frustrated by failures in Congress, President Donald Trump will try to put his own stamp on health care with an executive order Thursday that aims to make lower-premium plans more widely available.

Ethics report says NY lawmaker's actions warrant review

The House Ethics Committee says it's extending its review of a congressman whose stock market trades prompted an advocacy group to request an investigation for possible violation of insider trading or conflict of interest laws.

Business Highlights

___ Trump's health care end run reflects frustrations WASHINGTON (AP) — Frustrated over setbacks in Congress, President Donald Trump wielded his rule-making power Thursday to launch an end run that might get him closer to his goal of repealing and replacing "Obamacare."