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Wall Street slides on coronavirus fears, Intel offers support

2 hours ago NAMEX Comments Off on Wall Street slides on coronavirus fears, Intel offers support
(Reuters) – U.S. stocks fell on Friday, as investors were cautious heading into the weekend amid renewed concerns over the fallout of a coronavirus outbreak from China. Traders work on the floor of the New York Stock Exchange shortly after the opening bell in New York, U.S., January 24, 2020. REUTERS/Lucas Jackson Intel Corp (INTC.O) Read More

Novartis, GBT sickle cell drugs too expensive, draft U.S. report says

3 hours ago NAMEX Comments Off on Novartis, GBT sickle cell drugs too expensive, draft U.S. report says
ZURICH (Reuters) – Sickle cell disease drugs made by Novartis and Global Blood Therapeutics (GBT) may not be cost effective at current prices, a draft report published on Friday suggested, widening the debate over U.S. healthcare affordability. FILE PHOTO: The company’s logo is seen at the new cell and gene therapy factory of Swiss drugmaker Read More

S&P 500 gains, Nasdaq hits new high as investors eye earnings, coronavirus

23 hours ago NAMEX Comments Off on S&P 500 gains, Nasdaq hits new high as investors eye earnings, coronavirus
NEW YORK (Reuters) – The S&P 500 ended slightly higher and the Nasdaq eked out a record closing high on Thursday, helped by a jump in Netflix, while news about the coronavirus outbreak spreading from China and mixed earnings results kept a lid on the market. FILE PHOTO: Traders work on the floor at the Read More

Coronavirus: Wuhan to shut public transport over outbreak

2 days ago NAMEX Comments Off on Coronavirus: Wuhan to shut public transport over outbreak
Media playback is unsupported on your device Wuhan, a Chinese city of eleven million people, is to temporarily shut public transport as it tries to halt the outbreak of a new strain of virus. Those living in the city have been advised not to leave, in a week when millions of Chinese are travelling for Read More

Laid-off Philadelphia refinery workers struggle with shrinking sector

2 days ago NAMEX Comments Off on Laid-off Philadelphia refinery workers struggle with shrinking sector
PHILADELPHIA/NEW YORK (Reuters) – Third-generation Philadelphia oil refinery worker Lee Murray wore his late father’s hard hat every day of the 25 years he spent there. Lee Murray, who worked for the PES refinery for 25 years, poses in front of the Philadelphia Energy Solutions plant refinery in Philadelphia, Pennsylvania, U.S., January 9, 2020. Picture Read More

‘Without it we will die’: Denied expensive medication for 3yrs, Russian family fights (and wins) against rare genetic disease

2 days ago NAMEX Comments Off on ‘Without it we will die’: Denied expensive medication for 3yrs, Russian family fights (and wins) against rare genetic disease
Diagnosed with a genetic disease that slowly eats away vital organs, and brushed aside by health bureaucrats, a family in Nizhny Novgorod have fought to obtain a crucial but expensive drug – a battle they are now winning. As millions of children across Russia prepared to open their Christmas presents, 12-year-old Ivan Lobanov, a resident Read More

Google CEO eyes major opportunity in healthcare, says will protect privacy

2 days ago NAMEX Comments Off on Google CEO eyes major opportunity in healthcare, says will protect privacy
Sundar Pichai, Chief Executive Officer of Alphabet, gestures as he speaks during a session of the 50th World Economic Forum (WEF) annual meeting in Davos, Switzerland, January 22, 2020. REUTERS/Denis Balibouse DAVOS, Switzerland (Reuters) – Sundar Pichai, the CEO of Alphabet Inc and its Google subsidiary, said on Wednesday that healthcare offers the biggest potential Read More

New China virus: US announces first case

3 days ago NAMEX Comments Off on New China virus: US announces first case
Media playback is unsupported on your device The United States has confirmed the first case of the new coronavirus on its territory. The Centers for Disease Control said the virus, which originated in China, had been diagnosed in a US resident who arrived in Seattle from China. The virus, which spread from the Chinese city Read More

NHS faces huge clinical negligence legal fees bill

3 days ago NAMEX Comments Off on NHS faces huge clinical negligence legal fees bill
The NHS in England faces paying out £4.3bn in legal fees to settle outstanding claims of clinical negligence, the BBC has learned through a Freedom of Information request. Each year the NHS receives more than 10,000 new claims for compensation. This figure includes all current unsettled claims and projected estimates of ones in the future. Read More

‘Adapting & mutating’: China confirms 9 deaths, 440 cases in coronavirus outbreak, vows close cooperation with WHO

3 days ago NAMEX Comments Off on ‘Adapting & mutating’: China confirms 9 deaths, 440 cases in coronavirus outbreak, vows close cooperation with WHO
A pneumonia-like virus sweeping China has claimed its ninth victim and spread to a total of 440 confirmed patients, according to Chinese health officials, who said they would boost international cooperation to contain the illness. The virus seems to be adapting and mutating, according to the head of China’s Disease Control Center, Gao Fu, who Read More