Health Care

Last January, shortly before his presidency began, Donald Trump promised to end big pharmaceutical companies’ stranglehold on drug prices and the healthcare industry; but more than a year later, drug companies continue to face almost no competition while steadily raising their prices.

A 2.3 percent tax on the sale of medical devices went back into effect on Monday after a two-year suspension, despite opposition by U.S. lawmakers and the medical manufacturing industry.

While much of corporate America will enjoy a tax cut in 2018, one industry is getting a tax increase.

After passing a sweeping tax overall earlier this month, President Donald Trump and fellow Republicans have their sights set on entitlement reform and fixing America’s infrastructure.

Federal safety officials are investigating whether a Ford Motor Co. transmission recall should be widened to fix more than a million additional vehicles.

Stocks that moved substantially or traded heavily Friday: Adtran Inc., down $2.90 to $19.35 The networking equipment maker gave weak revenue forecasts because a major customer is spending less.

A lawyer accused of helping pharmaceutical entrepreneur Martin Shkreli (SHKREL'-ee) cover up a financial fraud has been convicted in New York.

President Donald Trump is planning to sign a new executive order to make cheaper health care plans more accessible to consumers, a White House official confirmed to Fox News on Wednesday.

Thinking about getting a new flat-screen TV for the holidays, or a dresser for the baby's room?

We are in a new era of car safety: The focus has shifted from reducing death and injury in a vehicle collision to preventing a crash from happening in the first place.

U.S. stocks edged mostly lower in light trading early Tuesday as markets reopened following the Christmas holiday.

Stocks that moved substantially or traded heavily Tuesday: Sucampo Pharmaceuticals Inc. (SCMP) The constipation and irritable bowel syndrome drugmaker agreed to be bought by Mallinckrodt for $18 a share, or $839 million.

Cheap, electric bicycles have made life a lot easier for New York City's legions of restaurant delivery workers, but the party may be over in the New Year.

Stocks that moved substantially or traded heavily Friday: Nike Inc., down $1.48 to $63.29 The athletic apparel retailer had a solid quarter but sales in North America remained weak.

A line of dining benches that can crack and collapse are among this week's recalled consumer products.

The largest U.S. health insurer is expanding deeper into South America by spending about $2.8 billion to buy a health care provider and insurer that operates in Chile, Columbia and Peru.

UnitedHealth Group Inc said on Friday it signed a definitive agreement to buy Chilean healthcare company Banmedica SA BAN.SN for $2.8 billion, expanding the health insurer’s footprint in South America.