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Analysis: Hospital investors sold on U.S. health reform despite bumps
By Susan Kelly CHICAGO (Reuters) - Shares of U.S. hospital operators have been on a tear this year, on average posting triple the gains of the broader stock market, as investors tallied up the benefits of President Barack Obama's healthcare reform. While some on Wall Street have held back amid signs of trouble as U.S. states prepare to implement the reform law, long-term investors still see more reward than risk on the horizon for hospital stocks. They expect company earnings to strengthen as more Americans gain insurance coverage and hospitals lose less money treating the uninsured. ... More »
Accused Colorado theater gunman's lawyers seek psychiatric hospital video
By Keith Coffman DENVER (Reuters) - Attorneys for the former graduate student charged with shooting 12 moviegoers to death in a Denver-area theater last summer have renewed their bid for access to a videotape of their client at the hospital where he was undergoing psychiatric treatment. In a motion filed on Tuesday in Arapahoe County District Court, lawyers for James Holmes asked to be permitted to view footage of their client inside the facility where he was taken last November after jail officials deemed him a danger to himself. ... More »
Singapore fumes as air pollution hits 16-year high
SINGAPORE (AP) — Singaporeans rolled back military training, kept cough-stricken children indoors and considered wearing protective masks to work after a smoky haze triggered by forest fires in neighboring Indonesia caused air pollution to briefly hit its worst level in nearly 16 years. More »
18 mayors: Limit use of food stamps to buy soda
NEW YORK (AP) — The mayors of New York, Los Angeles, Chicago and 15 other cities are reviving a push against letting food stamps be used to buy soda and other sugary drinks. More »
Beverage group: 18 mayors wrong on sugary drinks
NEW YORK (AP) — The American Beverage Association says efforts by the mayors of 18 cities to stop food stamps from being used to buy sugary drinks won't make the nation healthier. More »
Especially grim encephalitis toll feared in India
GORAKHPUR, India (AP) — A mosquito-borne disease that preys on the young and malnourished is sweeping across poverty-riven northern India again this monsoon season in what officials worry could be the deadliest outbreak in nearly a decade. More »
Medicare: Cost-saving changes coming for diabetics
WASHINGTON (AP) — Medicare begins a major change next month that could save older diabetics money and time when they buy crucial supplies to test their blood sugar — but it also may cause some confusion as patients figure out the new system. More »
EU fines Lundbeck, 8 others 146 mln euros for blocking cheaper drugs
BRUSSELS (Reuters) - EU antitrust regulators fined nine drugmakers a total of 146 million euros ($195.5 million) on Wednesday for blocking the supply of cheaper medicines on the market, with a penalty of 94 million euros imposed on Denmark's L... More »
AstraZeneca, Bristol diabetes drug disappoints in key test
By Ben Hirschler LONDON (Reuters) - AstraZeneca and Bristol-Myers Squibb's diabetes drug Onglyza failed to reduce heart risks in a large clinical study, disappointing investors who had thought it might demonstrate an edge over rivals. The comp... More »
Deadly year for encephalitis feared in India
GORAKHPUR, India (AP) — A mosquito-borne disease that preys on the young and malnourished is sweeping across poverty-riven northern India again this monsoon season, with officials worried it could be the deadliest outbreak in nearly a decade. More »
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