Category Archives: Health

Firing horror stories

Full Story at money.CNN.com Think getting fired is hard? Try doing the firing. And when you are a small business owner it can be particularly hard. At best, it’s an uncomfortable face-to-face confrontation that can lead to hurt feelings. At worst: physical altercations, hacked servers and lost clients. “Large corporations have a team of people [...]

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Walgreens plans to sell you health insurance

Full Story at money.cnn.com NEW YORK (CNNMoney) — Walgreens, the nation’s largest drugstore chain, is planning to start selling health insurance to customers this fall. Deerfield, Ill.-based Walgreens (WAG, Fortune 500) will sell health insurance products with different price ranges and coverage levels from coast-to-coast through a private health insurance exchange, according to people familiar [...]

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U.S. takes over three Tylenol plants

Full Story atmoney.cnn.com NEW YORK (CNNMoney) — The government is taking over three Tylenol plants following a blizzard of drug recalls and a Food and Drug Administration criminal investigation into safety issues at the factories. The FDA and the Justice Department on Thursday took action against McNeil PPC and two of its executives — its [...]

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Oregon sues Motrin maker over secret drug recall

Full Story at money.cnn.com NEW YORK (CNNMoney) — Oregon has sued Johnson & Johnson for allegedly selling defective Motrin drugs to consumers in the state for more than a year, and for trying to secretly remove the faulty drugs from stores. “Companies that break the rules and put consumers at risk will be held accountable,” [...]

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CVS to buy Medicare business of Universal American

Full Story at msnbc.com WOONSOCKET, R.I. — CVS Caremark Corp. said Friday it will pay $1.25 billion to buy Universal American Corp.’s Medicare prescription drug services unit. CVS said it pursued the deal because with the country’s population aging, a growing percentage of Americans will get their prescription drug coverage from Medicare. Shares of Universal [...]

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Inventor sees a bright future for DogLight

Full Story at msnbc.com LOS ANGELES — Jackie Simoni is a computer geek turned inventor of a special light to make dogs safer after dark. Now, she’s also a government contractor. Simoni invented PupLight six years ago. She came up with the idea of a light that attaches to a collar while fumbling with a [...]

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SF supervisors pass ‘Happy Meal’ regulations

Full Story at msnbc.com SAN FRANCISCO — For some veggies-hating children, Happy Meals won’t be so happy anymore. City lawmakers on Tuesday approved legislation that they hope will force fast-food chains such as McDonald’s to make their children’s meals healthier or stop selling them with toys. The Board of Supervisors voted 8-3 to preliminarily approve [...]

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What you don’t know about Mom’s finances can hurt you

Full Story at LifeInc.todayshow.com You probably know that it’s dangerous to be ignorant about your finances. But did you know it can also be dangerous to be unfamiliar with Mom and Dad’s financial health? Expenses are rising for rent, health care, transportation and heating, among other items. And while these affect all of us, rising [...]

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New recalled Tylenol linked to shut plant

Full Story at money.cnn.com NEW YORK (CNNMoney.com) — The adult Tylenol that was recalled this week was made at the same shuttered Fort Washington plant that produced all of Johnson & Johnson’s problematic children’s Tylenol medicines, CNNMoney confirmed Tuesday. On Monday, Johnson & Johnson’s (JNJ, Fortune 500) McNeil drugmaking unit announced a new recall of [...]

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Why J&J’s headache won’t go away

Full Story at money.cnn.com FORTUNE — It was a humiliating moment. Congressman Edolphus Towns was upbraiding a top Johnson & Johnson executive. Certainly Towns (D-N.Y.), the chairman of the House Committee on Oversight and Government Reform, has browbeaten his share of CEOs and Wall Street titans. But it’s not the sort of thing that usually [...]

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BP investors struggle to factor in huge costs

Full Story at msnbc.com WASHINGTON – Former Labor secretary Robert Reich wants to place BP’s U.S. operations in temporary receivership. Sen. Ron Wyden (D-Ore.) wants the oil giant to suspend its dividend payments. Attorney General Eric H. Holder Jr. is weighing criminal charges. And lawyers in more than a hundred lawsuits want BP to pay [...]

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FDA warns another drugmaker over tainted meds

Full Story at money.cnn.com NEW YORK (CNNMoney.com) — You may have thought you were playing it safe by avoiding recently-recalled Johnson & Johnson products, but another drugmaker is now in the hot seat for some of the same problems, including the release of metal-tainted pills. On Thursday, the U.S. Food and Drug Administration issued a [...]

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Tylenol recall: Serious side effects investigated

Full Story at money.cnn.com NEW YORK (CNNMoney.com) — The Food and Drug Administration is looking into reports of at least 775 serious side effects from drugs recalled by McNeil, a division of Johnson & Johnson, according to a source close to a Congressional investigation. Included in the reports were 30 deaths, nearly all of which [...]

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Doctors’ Medicare payouts to be cut 21% June 1

Full Story at money.cnn.com NEW YORK (CNNMoney.com) — For the fourth time this year, doctors face a potential huge cut in the fees that the government pays them to treat Medicare patients. Physicians will be hit with a 21% cut in Medicare reimbursements as of June 1, unless lawmakers decide to patch over the issue [...]

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