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By Ryan Vlastelica NEW YORK (Reuters) - Stocks ended a holiday-shortened week with mostly modest gains on Thursday, though the S&P 500 notched its biggest weekly advance since July as Morgan Stanley and General Electric rallied after strong results. The two were the latest to post earnings that topped expectations, helping to lift the S&P 500 and the Nasdaq to their fourth straight daily advance. Tech bellwethers Google and IBM fell on disappointing figures and limited the broader market's gain. IBM's slide pushed the Dow into slightly negative territory at the close.
(Reuters) - The U.S. Food and Drug Administration warned that a common surgical procedure used to remove uterine fibroids could spread undetected uterine cancer. Data showed that the procedure, laparoscopic power morcellation, could significantly worsen a patient's chance of long-term survival, the regulator said. Uterine fibroids are benign tumors that usually pose no risk. However, certain women suffer from symptoms that include heavy or prolonged menstrual bleeding, pelvic pressure and frequent urination, which could warrant medical or surgical intervention.
NEW YORK (AP) — The government's latest report card on food poisoning shows a dip in salmonella cases but an increase in illnesses from bacteria in raw shellfish. The report counts cases in only 10 states for some of the most common causes of foodborne illness, but is believed to be a good indicator of national food poisoning trends. Highlights from Thursday's report from the Centers for Disease Control and Prevention:
President Barack Obama delivered a vigorous defense of his signature healthcare law on Thursday, saying private insurance enrollment under it has reached 8 million people and faulting Republicans for failing to agree with him that "this thing is working." The White House separately offered up statistics showing that 28 percent of those who signed up are between the ages of 18 and 34 years old. But we now know for a fact that repealing the Affordable Care Act would increase the deficit, raise premiums for millions of Americans and take insurance away from millions more," Obama told reporters at the White House.
WASHINGTON (AP) — Eight million people have signed up for health care through new insurance exchanges, President Barack Obama said Thursday, besting expectations and offering new hope to Democrats who are defending the law ahead of the midterm elections.
By Svea Herbst-Bayliss BOSTON (Reuters) - Illinois Attorney General Lisa Madigan's office said on Thursday it is investigating Herbalife Ltd, joining other state and federal probes of allegations that the weight loss and nutrition company is running a pyramid scheme. Madigan's office was urged to look into the company months ago by civil rights groups, which claimed it was a pyramid scheme targeting minorities. Hedge fund manager William Ackman was the first to call Herbalife a fraud and placed a $1 billion bet against the company in 2012. The company denies the allegations, and high-profile investors such as Carl Icahn, George Soros and Daniel Loeb have supported the company in the past by taking stakes.
NEW YORK (AP) — In the midst of the diabetes epidemic, a glimmer of good news: Heart attacks, strokes and other complications from the disease are plummeting.
THURSDAY, April 17, 2014 (HealthDay News) -- Years later, people who were underweight at birth, and those who were breast-fed only a short time or not at all, could be at increased risk for chronic inflammation and related health problems, a new s...
THURSDAY, April 17 (HealthDay News) -- Most medical devices approved for use in children are not tested on pediatric patients before they are marketed, a new Harvard study finds. Since Congress passed the Pediatric Medical Device Safety and Improv...
By Ryan Vlastelica NEW YORK (Reuters) - Stocks ended a holiday-shortened week with mostly modest gains on Thursday, though the S&P 500 notched its biggest weekly advance since July as Morgan Stanley and General Electric rallied after strong resul...