HEALTHCARE

Stocks rose on Thursday as a resurgent appetite for riskier equities fueled a rebound in the financial and technology sectors as investors were tempted back into the market after a recent pullback.

Stocks rose on Thursday, lifted by a rebound in technology shares, while a surprisingly big rise in weekly jobless claims brought new worries about the economy and pushed defensive shares higher.

President Barack Obama said on Wednesday that the U.S. House of Representatives is working to approve a comprehensive overhaul of the U.S. healthcare system by the end of July.

The S&P 500 and Nasdaq fell on Tuesday on profit taking in financials and technology, while a drop in U.S. exports and fresh stock sales by various companies damped investor enthusiasm.

The White House on Monday raised its forecast for this year's U.S. budget deficit by $89 billion due to the recession, millions of new unemployment claims and corporate bailouts.

The White House on Monday raised its forecast for this year's U.S. budget deficit by $89 billion due to the recession, millions of new unemployment claims and corporate bailouts.

President Barack Obama will aim on Monday to build support for a sweeping overhaul of the U.S. healthcare system by highlighting a drive for greater efficiency he predicts could save trillions of dollars.

General Electric Co said on Thursday it plans to invest $6 billion by 2015 to help its healthcare customers cut costs, in a push the biggest U.S. conglomerate is calling Healthymagination.

General Electric Co said on Thursday it plans to invest $6 billion by 2015 to lower the cost of healthcare, in a push the U.S. conglomerate is calling Healthymagination.

Stock futures pointed to a lower open on Wall Street on Tuesday, after the previous session's strong rally, with futures for the S&P 500 down 0.1 percent, Dow Jones futures flat and Nasdaq 100 futures up 0.2 percent at 5 a.m. EDT.

The Democratic-controlled U.S. Congress Wednesday approved a $3.4 trillion compromise budget plan for the 2010 fiscal year, clinching a big victory for President Barack Obama on his 100th day in office but with no Republican support.

President Barack Obama sought to reassure Americans on Wednesday he was making progress tackling the economic crisis and in fixing the U.S. image abroad, but urged patience.

U.S. President Barack Obama was elected on a campaign pledge of sweeping change in U.S. policies at home and abroad. Following is a rundown of major promises and how he has fared on each in his first 100 days.

The World Bank is set to triple healthcare spending in developing countries to $3.1 billion this year amid signs governments are cutting funding in the midst of a global economic crisis.

MILAN - Fiat SpA's chief executive might swear that he is not trying to build an empire, but he is certainly looking for scale -- on the cheap.

The chairmen of two Senate committees drafting legislation to overhaul healthcare told President Barack Obama on Monday they were working together to have bills ready by early June.

Barack Obama's presidency has been a wild ride for the U.S. Congress and lawmakers are bracing for more turbulence when they begin returning on Monday to tackle an array of tough issues from healthcare to energy.

Abbott Laboratories Inc on Wednesday reported lower-than-expected quarterly sales, hurt by generic competition for its Depakote anti-seizure drug, but one-time gains and demand for stents drove profit higher.

Three senior healthcare bankers have left Bank of America Corp for a boutique investment bank, adding to a flood of departures since Bank of America acquired Merrill Lynch & Co in January.

Adding to the spate of departures at Merrill Lynch, some senior bankers covering healthcare companies are leaving the bank, which was acquired by Bank of America Corp , to join a boutique investment bank in New York, the Wall Street Journal said.

Stocks fell on Tuesday after an unexpected drop in retail sales dampened recent optimism over the state of the U.S. economy.