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Kaiser Permanente, Unions Reach Deal on New Contracts
Business

Kaiser Permanente, Unions Reach Deal on New Contracts

Kaiser Permanente and labor unions reached a tentative agreement to resolve a contentious contract dispute that sent workers to picket lines earlier this month.  Copyright

Pharmacy Giant Walgreens Taps Tim Wentworth to Be CEO
Business

Pharmacy Giant Walgreens Taps Tim Wentworth to Be CEO

The incoming chief executive faces a tough challenge, with a core business under pressure due to pharmacy-benefit managers such as his former employer Express Scripts.

Bristol Myers Squibb to Acquire Mirati Therapeutics in Deal Worth Up to $5.8 Billion
Business

Bristol Myers Squibb to Acquire Mirati Therapeutics in Deal Worth Up to $5.8 Billion

The deal expands the pharmaceutical company’s portfolio of cancer drugs. Source link

The Company That Defined Dieting Is Sorry It Told Us to Have More Willpower
Business

The Company That Defined Dieting Is Sorry It Told Us to Have More Willpower

Ozempic, Oprah and apologies: WeightWatchers says there’s no shame in being overweight, or in taking new weight-loss drugs. Source link

Striking Healthcare Workers Return to Work---Without New Contracts
Business

Striking Healthcare Workers Return to Work—Without New Contracts

Talks between Kaiser Permanente and unions are scheduled to resume Thursday, after employees temporarily walked off. Source link

Kaiser Permanente Unions Strike, Mounting Largest U.S. Healthcare Walkout in Decades
Business

Kaiser Permanente Unions Strike, Mounting Largest U.S. Healthcare Walkout in Decades

More than 75,000 nurses, pharmacists and other employees have stopped work in a dispute over wages and staffing. Source link

The World Needs New Antibiotics, but the Business Model Is Broken
Business

The World Needs New Antibiotics, but the Business Model Is Broken

New drugs to defeat “superbug” bacteria aren’t reaching patients. Source link

J&J's $40 Billion Split-Off Sets Stage for Pharma, Medical Tech Expansion 
Business

J&J's $40 Billion Split-Off Sets Stage for Pharma, Medical Tech Expansion 

The healthcare giant’s separation of its consumer-health business arms it with billions in cash for allocating capital in the remaining businesses. Source link

To Pay for Weight Loss Drugs, Some Take Second Jobs, Ring Up Credit-Card Debts
Business

To Pay for Weight Loss Drugs, Some Take Second Jobs, Ring Up Credit-Card Debts

Some people are paying more than $10,000 a year for Ozempic and Mounjaro. Source link