UnitedHealth off to a roaring start in 2015 as insurance and pharmacy businesses boom.
Walgreens will shutter about 200 U.S. stores as part of an expanded cost reduction push, but the nation's largest drugstore chain has no plans to shrink in the wake of its combination with Alliance Boots.
UnitedHealth, will muscle up for its fight against rising prescription drug costs by spending more than $12 billion to buy pharmacy benefits manager Catamaran Corp.
AbbVie will spend about $21 billion to buy fellow drugmaker Pharmacyclics in a bid to add another major revenue producer to a product portfolio that already includes the world's top-selling drug, the anti-inflammatory Humira.
The clock on insurance deductibles reset Jan. 1, and that means big medical bills are in store for some. Patients could be required to pay thousands of dollars before their health care coverage kicks in.
INDIANAPOLIS - Hackers broke into a health insurance database storing information for about 80 million people in an attack bound to stoke fears many Americans have.
Aetna's fourth-quarter earnings slid 37 percent as the health insurer spent more to grow its business, but its performance matched expectations and the company raised its forecast for the year.
The United Steelworkers Union called for its refinery workers to stage their largest walkout in more than 30 years Sunday, saying its negotiations with Shell Oil Co. had broken down less than two weeks after they began.
Procter & Gamble's second-quarter earnings sank 31 percent as the strong U.S. dollar cut into the performance of the world's largest consumer products maker.
Some McDonald's workers who say they were fired because of their race are suing the fast-food giant, accusing it of dodging responsibility for the discrimination and harassment they say they endured.