Health Care

U.S. health insurer Cigna, which is being bought by larger rival Anthem Inc, reported a better-than-expected quarterly profit as more customers signed up for its Medicare Advantage business, boosting premiums.

Study shines light on retirees’ attitudes about life in retirement, time commitments, living arrangements, personal finances -- and also the things they "wish they knew then."

Dow component Merck reported an adjusted 1Q profit of $0.89 per share, topping the estimate for $0.85. Revenue for the drugmaker came in at $9.3 billion, falling short of the estimate for $9.46 billion.

Former drug executive Martin Shkreli, who last year became a lightning rod for outrage over soaring prescription drug prices, may face additional U.S. charges of securities fraud, a federal prosecutor said on Tuesday.

Johnson & Johnson was ordered by a U.S. jury on Monday to pay $55 million to a woman who said that using the company’s talc-powder products for feminine hygiene caused her to develop ovarian cancer.

CVS Health reported an adjusted 1Q profit of $1.18 per share, topping the estimate for $1.16. Revenue for the company came in at $43.22 billion, beating the estimate for $43 billion.

Pfizer reported first-quarter revenue that blew past analysts' average estimate, boosted by sales of its new treatments for cancer and its Hospira acquisition.

Puerto Rico has 683 confirmed cases of the Zika virus, including 65 pregnant women with symptoms of the virus and one death, U.S. health officials said on Friday.

Quest Diagnostics said it has received emergency authorization from the U.S. Food and Drug Administration to sell the first commercially developed diagnostic test for Zika in the United States, a step that may help expand testing capacity and speed diagnosis of the virus.

U.S. House of Representatives Speaker Paul Ryan called on Wednesday for an end to ObamaCare's financial protections for people with serious medical conditions, saying these consumers should be placed in state high-risk pools.

Following is a list of three stocks that ultra-rich investors have taken a position in, and some thoughts on whether you might want to follow their move.

Drugmaker AbbVie said it would buy privately held oncology company Stemcentrx in a deal valued at $5.8 billion in cash and stock.

Abbott Laboratories said it agreed to buy medical device maker St. Jude Medical for $25 billion to add heft to its heart and neurological devices business.

Aetna, which is in the process of buying rival Humana, reported first-quarter operating earnings that topped analysts' estimates as the health insurer added more members to its government plans.

French drugmaker Sanofi went public with a $9.3 billion offer to buy Medivation on Thursday, setting up what could be a lengthy takeover fight after the U.S. cancer firm rebuffed its approaches.

Jessica Alba’s Honest Co. is hit with a new lawsuit claiming the company’s ‘organic’ baby food contains hazardous and synthetic ingredients.