Health Care

Obama Calls for 'Public Option' in Affordable Care Act

President Barack Obama, reviewing his signature health law six years into its implementation, is suggesting Congress and his White House successor add a government-run, or public, insurance option to the Affordable Care Act and increase federal financial assistance for people to buy coverage.

Merck Revenue and Profit Falls

Merck posted declines in sales and profit as the pharmaceutical giant gave revenue projections below analyst forecasts and earnings expectations on the lower end of them.

Valeant Gets Lender OK to Amend Debt Terms

Valeant Pharmaceuticals International on Thursday said it secured a commitment from loan holders to amend terms of its debt, buying time as the drugmaker attempts to resuscitate itself.

New Tax Rules Are Met With Protest

A day after the Obama administration limited the ability of U.S. companies to do international deals to lighten their tax burdens, Pfizer and Allergan terminated their planned $150 billion merger and other companies around the globe raced to assess the impact of the new rules.

UnitedHealth to Leave California's ACA Exchange

UnitedHealth told brokers that it has filed paperwork to offer plans in just six states' health-law marketplaces next year, providing the most complete picture so far of its previously announced widespread withdrawal.

UnitedHealth to Leave California's ACA Exchange

UnitedHealth told brokers that it has filed paperwork to offer plans in just six states' health-law marketplaces next year, providing the most complete picture so far of its previously announced widespread withdrawal.

Walgreens Quarterly Profit Beats Estimates

Walgreens Boots Alliance reported a 2.4 percent rise in quarterly sales, helped by demand for Medicare Part D drugs and non-pharmacy products in the United States.