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Express Scripts Inc. and Medco Health Solutions Inc., facing congressional scrutiny over their plan to form the biggest U.S. pharmacy-benefit manager, told lawmakers the deal would preserve competition and lower costs while improving patient care.
The combined company would control less than one-third of U.S. pharmacy benefit sales, Express Scripts Chief Executive George Paz said Tuesday […]
Chubb Insurance of Canada has again been ordered to pay a Mississauga divorcee for the loss of her home, art and jewelry in a 1997 house fire. With interest and her legal fees, the cost of denying the near $4.5 million claim will be nearly $10 million.
When Bridgette Sagl claimed nearly $4.5 million in losses […]
Finance officials and experts gathered in Italy mostly agreed Saturday that Europe needs deeper political union to preserve the troubled euro _ even though persistent national identities made the prospect politically unlikely in the near future.
Speakers at the annual Ambrosetti forum labored to articulate the emerging existential dilemma: Monetary union struggles without central budget control, […]
Stock futures are falling ahead of reports on retail sales, manufacturing and unemployment.
Economists forecast that manufacturing activity fell in August for the first time in more than two years. That’s a worrisome sign because manufacturing has been one of the strongest parts of the economy since the recession ended.
The Labor Department is also expected to […]
More than 630,000 homes and businesses lost power Saturday as Hurricane Irene slammed into the East Coast.
Winds of up to 115 miles per hour whipped across the Eastern Seaboard, ripping power lines from poles and snapping trees in half. Hospitals, emergency call centers and other crucial facilities were holding up, but officials said it could […]
The scariest thing about the recent stock market selloff has been the way investors are treating the major U.S. banks.
Shares of Bank of America and Citigroup have lost almost a third of their value in the past month, falling twice as much as the broad market averages. Wells Fargo, US Bancorp and PNC Financial Services […]
A few Greek entrepreneurs perch in front of laptops in bare offices above a ground-floor supermarket, five minutes’ walk from the Athens square convulsed by riots last month over the country’s economic crisis.
“Innovate,” a wall slogan exhorts. “Originate.” A bowl of fist-sized plastic balls sits on a table, ripe for the plucking.
Sure, the touches are […]
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A key auto quality study has found that models that are new or redesigned for 2011 are less reliable than those introduced last year.
The newer models had 10 percent more problems on average than those introduced in 2010, according to the J.D. Power and Associates’ annual U.S. Initial Quality Study. The increase stemmed from manufacturers’ […]
Just hours after the federal government introduced back-to-work legislation in Ottawa, Air Canada and the Canadian Autoworkers Union reached a tentative deal.
No details were immediately available, but the CAW has called a news conference for 2 p.m. Thursday at the Sheraton Centre.
Striking customer service agents at airports across the country began cheering as they heard […]