Health care industry

FILE - In this Nov. 29, 2017 file photo, Seema Verma, administrator of the Centers for Medicare and Medicaid Services, speaks during a news conference in Newark, N.J. Governors of both parties are warning that a little-noticed regulation proposed by the Trump administration could lead to big cuts in Medicaid, restricting their ability to pay for health care for low-income Americans. (AP Photo/Julio Cortez, File)
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February 06, 2020 - 6:53 am
WASHINGTON (AP) — Governors of both major political parties are warning that a little-noticed regulation proposed by President Donald Trump's administration could lead to big cuts in Medicaid, reducing access to health care for low-income Americans. The arcane fiscal accountability rule proposed by...
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FILE- This May 1, 2018, file photo shows Merck corporate headquarters in Kenilworth, N.J. Merck is posting a 29% jump in fourth-quarter profit and it's spinning off its women's health division and other operations that churn out $6.5 billion in annual revenues. The drugmaker on Wednesday, Feb. 5, 2020 reported net income of $2.36 billion, up from $1.83 billion, a year earlier. (AP Photo/Seth Wenig, File)
1010 WINS Newsroom
February 05, 2020 - 7:43 am
Merck is posting a 29% jump in fourth-quarter profit and it's spinning off its women's health division and other operations that churn out $6.5 billion in annual revenues. The drugmaker on Wednesday reported net income of $2.36 billion, or 92 cents per share, up from $1.83 billion, or 69 cents per...
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In this photo taken Jan. 23, 2020, Dr. George Diaz, section chief for infectious diseases at Providence Regional Medical Center, poses for a photo in Everett, Wash. Diaz was part of the team that treated the first U.S. patient infected with the new virus from China, who was admitted to the facility on Jan. 20, 2020. The hospital released a statement Monday, Feb. 3, 2020, from the unidentified 35-year-old man that said he has left the hospital and is now in isolation at home, and will be monitored by officials with the Snohomish Health District in coordination with the hospital. (AP Photo/Ted S. Warren)
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February 03, 2020 - 5:25 pm
SEATTLE (AP) — The man who became the first U.S. patient infected with the new virus from China has left the hospital and said in a statement that he is getting better and looking forward to life returning to normal, according to a statement from the man provided to The Associated Press on Monday...
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A worker wearing a protective suit stands in front of an electronic display board in the lobby of the Shanghai Stock Exchange building in Shanghai, Monday, Feb. 3, 2020. The Shanghai Composite index tumbled 8.7% Monday then rebounded slightly as Chinese regulators moved to stabilize markets reopening from a prolonged national holiday despite a rising death toll from a new virus that has spread to more than 20 countries. (AP Photo)
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February 03, 2020 - 7:51 am
BANGKOK (AP) — China's main stock index tumbled nearly 8% Monday as the country's markets reopened and regulators sought to calm investors over the impact of a virus that has spread to more than 20 countries and killed more than 360 people. Other markets, including in Europe and Wall Street futures...
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A woman's eyeglasses are fogged up as she wears a face mask during a snowfall in Beijing, Sunday, Feb. 2, 2020. China's death toll from a new virus increased to 304 on Sunday amid warnings from the World Health Organization that other countries need to prepare in the event the disease spreads among their populations as more nations report local infections. (AP Photo/Mark Schiefelbein)
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February 02, 2020 - 12:50 pm
BEIJING (AP) — The first death outside China from the new coronavirus was recorded Sunday in the Philippines, as countries around the world evacuated hundreds of their citizens from the infection zone and Chinese authorities completed a new, rapidly constructed 1,000-bed hospital for victims of the...
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A girl wearing a face mask stands in the entrance to a shop in Wuhan in central China's Hubei Province, Friday, Jan. 31, 2020. The U.S. advised against all travel to China as the number of cases of a worrying new virus spiked more than tenfold in a week, including the highest death toll in a 24-hour period reported Friday. (AP Photo/Arek Rataj)
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January 31, 2020 - 9:03 am
BEIJING (AP) — Carrying permits demanding “fast passage,” truck drivers rushed a 560-ton shipment of disinfectant from eastern China to Wuhan, the locked-down city of 11 million people at the center of a vast effort to contain a new viral disease. Outside the metropolis in central China, the cargo...
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FILE - In this Nov. 23, 2015, file photo, the Pfizer logo is displayed at world headquarters in New York. Pfizer is reporting a $306 million loss for the fourth quarter after it shifted its consumer health business into a joint venture last year. It narrowly Wall Street expectations for net income when nonrecurring events are removed. The biggest US drugmaker on Tuesday, Jan. 28, 2020 reported a net loss of 6 cents per share. (AP Photo/Mark Lennihan, File)
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January 28, 2020 - 4:31 pm
Pfizer's ongoing restructuring is significantly reducing revenue, resulting in a $337 million loss in its fourth quarter and a miss of Wall Street's profit expectations. The results and Pfizer's 2020 financial forecasts didn't please investors, who drove Pfizer shares down more than 4%, an...
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Trader Michael Milano works on the floor of the New York Stock Exchange, Tuesday, Jan. 28, 2020. Stocks are opening broadly higher on Wall Street a day after the S&P 500 had its biggest drop since early October. Technology companies were putting up some of the biggest gains early Tuesday. (AP Photo/Richard Drew)
1010 WINS Newsroom
January 28, 2020 - 4:09 pm
Stocks are closing broadly higher on Wall Street, reversing most of their losses from a sell-off the day before. The gains on Tuesday snapped a two-day skid driven by fears that the spread of a new virus in China could hamper global ecomomic growth. Technology stocks rose the most. Banks and other...
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FILE - In this Sunday, Jan. 26, 2020 file photo, medical workers in protective gear help a patient near an ambulance in Wuhan in central China's Hubei Province.As Beijing instates one of the largest quarantines in modern history, locking down over 50 million people in Hubei province, questions are swirling around the provincial government's sluggish initial response. (Chinatopix via AP, File)
1010 WINS Newsroom
January 28, 2020 - 4:53 am
BEIJING (AP) — Last Wednesday evening, top officials in the central Chinese city of Wuhan settled into their seats at an auditorium for a Lunar New Year gala — even as a new virus that originated in their city was spreading rapidly. Dozens of actors, actresses and musicians performed, some despite...
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FILE - In this Aug. 4, 2017, file photo, Martin Shkreli leaves federal court in New York while on trial for deceiving investors in a pair of failed hedge funds. On Monday, Jan. 27, 2020, New York state and federal authorities sued the imprisoned Shkreli, also known as "Pharma Bro," over business tactics that helped make him the bad-boy face of profiteering in pharmaceuticals, seeking to bar him from the industry for life. (AP Photo/Seth Wenig, File)
1010 WINS Newsroom
January 27, 2020 - 8:27 pm
NEW YORK (AP) — State and federal authorities sued imprisoned entrepreneur Martin Shkreli on Monday over tactics that shielded a profitable drug from competition after a price hike made the so-called “Pharma Bro” infamous. Shkreli was scorned as the bad-boy face of pharmaceuticals profiteering...
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