Health Care

U.S. stocks edged lower in early trading Thursday, pulled down by insurers and other financial companies as investors weighed the prospects of big losses for the sector from Hurricane Irma.

In an effort to control health care costs, a group of Republican and Democratic governors have endorsed the continuation of key ObamaCare subsidies.

Eli Lilly will slash its global workforce by nearly 9 percent as the drugmaker closes some research sites and pushes to trim fixed costs.

Eli Lilly and Co said on Thursday it would lay off about 8% of its employees to focus on developing new medicines and cut costs.

Senators are launching hearings to help Republicans and Democrats decide if they can forge a modest agreement to shore up the nation's individual insurance markets.

An investigation by U.S. auto safety regulators has found 27 reports of engine fires in tiny Smart Fortwo cars, including one that caused an injury.

U.S. health insurer Anthem Inc said on Wednesday that it will offer Obamacare plans in only about half of the counties in Kentucky next year, after covering the whole state in 2017.

The House has passed a bill to speed the introduction of self-driving cars by giving the federal government authority to exempt automakers from safety standards not applicable to the technology.

Both parties must give ground to craft a compromise bill shoring up the nation's individual insurance markets or they'll be blamed for hurting millions of consumers, the chairman of the Senate health committee said Wednesday.

The Latest on Congress and health care (all times local): 10:15 a.m.

Danish drug maker Novo Nordisk says it has reached a $46.5 million settlement with U.S. authorities over allegations that it hadn't properly communicated safety information when marketing a medicine to treat type 2 diabetes.

The Toyota Tacoma was the best performer among small pickups in insurance industry crash tests.

Novo Nordisk will pay nearly $58.7 million to resolve claims the drugmaker's sales staff downplayed the importance of a warning about cancer risks on the label of its diabetes medication Victoza, the U.S. Justice Department said on Tuesday.

Novartis CEO Joseph Jimenez will step down early next year and be replaced by fellow American Dr. Vasant Narasimhan, the Swiss pharmaceutical company said Monday.

Millions of people who buy individual health insurance policies and get no financial help from the Affordable Care Act are bracing for another year of double-digit premium increases, and their frustration is boiling over.

More than 6,000 infant rompers are being recalled because buttons can detach, posing a choking hazard to children.

Authorities say there won't be any criminal charges in the deadly thrill ride accident at this year's Ohio State Fair.