Aetna warned it would drop out of Obamacare exchanges if its merger was blocked
Insurance giant Aetna's announcement this week that it would sharply curb its participation in the insurance exchanges set up under the Affordable Care Act was seen by some as payback to the Obama administration for blocking its proposed merger with Humana. After all, in April, Aetna chief executive Mark Bertolini had called selling insurance...
Aetna deals latest blow to Obamacare, pulls out of most markets
In a major blow to Obamacare, one of America’s largest health insurers said it was pulling out of most of the markets in which it was participating, citing huge losses in the past quarter.
In a statement Monday, Aetna reported that it lost $200 million in the second quarter of 2016 and as a result...
Report: VW to be accused of criminal conduct
The Justice Department has found evidence of criminal misconduct by Volkswagen in the handling of its diesel-emissions fiasco and is trying to negotiate a settlement, The Wall Street Journal reported Monday based on unnamed sources.
Prosecutors have not yet settled on specific criminal charges, but are in discussions with the automaker with the hope of wrapping up the...
Two cases picked for Xarelto bellwether trials
A federal judge in Louisiana has selected two lawsuits to serve as the first test trials amid more than 7,200 cases challenging the safety of Bayer AG and Johnson & Johnson subsidiary Janssen's blockbuster blood thinner Xarelto.
The first trial, slated to start in February, involves claims Xarelto caused a Louisiana man to develop...
Warning over refillable water bottles: is yours harbouring dangerous bacteria?
According to new research, drinking from refillable water bottle can be “many times worse than licking your dog's toy” in terms of the amount of bacteria it will bring you into contact with.
The website Treadmill Reviews commissioned EmLab P&K to test 12 water bottles of four different types - screw-top, slide-top, squeeze-top, and straw-top....
Car Thieves Can Unlock 100 Million Volkswagens With A SimpleWireless Hack
Some 100 Million cars made by Volkswagen are vulnerable to a key cloning attack that could allow thieves to unlock the doors of most popular cars remotely through a wireless signal, according to new research.
Read More
Another 9,000 Trailers Recalled Due to Bendix Defect
The National Highway Traffic Safety Administration has issued a recall of more than 9,000 additional trailers because of a defect with the Bendix SR-5 spring brakes that the manufacturer believes could affect up to 194,410 trailers in total. The updated recall includes some 2016 Manac flatbed trailers, 2017-2018 Manac van trailers, 2014-2016 Polar Tanks,...
FDA Finds Potentially Harmful Ingredients in Certain Supplements
The Food and Drug Administration has found hidden drug ingredients, potentially harmful to human health, in more than a dozen products shipped from abroad.
All 14 items in question have either been promoted for weight loss or sexual enhancement. The FDA said they were intercepted and identified during routine examinations of international mail shipments...
FDA warns China’s Concept Products: test your products
The most recent letter posted is for Concept Products, a Tianjin, China company that the FDA inspected over several days in August 2015. In the letter released this week,...
More Essure Lawsuits Expected Following California Court Ruling Against Bayer
The judge's decision to allow the cases to proceed could also have wider implications for all device makers. In other news related to women's health, Colorado's Health Department finds that a Colorado Springs hospital did not properly disinfect vaginal ultrasound probes as well as other equipment.
