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| Hutchison Whampoa may list Watsons healthcare unit - report Tuesday, Oct 01, 2013 09:12 PM PDT HONG KONG (Reuters) - Hutchison Whampoa Ltd, controlled by Asia's richest man, Li Ka-shing, is planning to float its healthcare and beauty retail business Watsons within the next 12 to 18 months, a Hong Kong newspaper reported on Wednesday. The Hong Kong Economic Times, quoting market sources, said the initial public offering could raise between $8-$10 billion. The report did not specify whether the listing is related to A S Watson Group, which is the retail arm of Hutchison, or just the chain stores operated under the Watsons brand. Hutchison Whampoa shares rose more than 3. ... Full Story | Top |
| Celebrities tell followers to #GetCovered with Obamacare Tuesday, Oct 01, 2013 06:30 PM PDT  By Lewis Krauskopf NEW YORK (Reuters) - While technical problems slowed the launch of new "Obamacare" websites to sell health insurance on Tuesday, the law's supporters on Twitter had an easier time welcoming the "Affordable Care Cat." Celebrities and community groups took to social media to promote President Barack Obama's Affordable Care Act, the 2010 law popularly known as Obamacare, that aims to provide health coverage to millions of uninsured Americans beginning next year. ... Full Story | Top |
| In first day of U.S. shutdown, no sign how it will end Tuesday, Oct 01, 2013 05:38 PM PDT  By Andy Sullivan and Thomas Ferraro WASHINGTON (Reuters) - President Barack Obama and congressional Republicans came no closer to ending a standoff on Tuesday that has forced the first government shutdown in 17 years and thrown hundreds of thousands of federal employees out of work. As police cordoned off landmarks like the Lincoln Memorial and government agencies stopped cancer treatments and trade negotiations, Republicans in the House of Representatives moved to restore funding to national parks, veterans care and the District of Columbia. ... Full Story | Top |
| Fonterra, Danone in talks to resolve dairy recall dispute Tuesday, Oct 01, 2013 04:48 PM PDT  WELLINGTON (Reuters) - New Zealand's Fonterra , the world's biggest dairy exporter, said it is in talks to resolve a dispute with Danone over a contamination scare involving a Fonterra ingredient used by the French food manufacturer. The discussions follow a food safety scare in August, when Fonterra said it found a potentially fatal bacteria in one of its products, triggering recalls of infant milk formula and sports drinks in nine countries including China. ... Full Story | Top |
| 'The system is down': Obamacare glitches go public, reasons unclear Tuesday, Oct 01, 2013 04:43 PM PDT  By Sharon Begley and Caroline Humer NEW YORK (Reuters) - Blank boxes where security questions are supposed to appear. Pleas to "be patient." Error messages galore. Notices that "the system is busy right now." Web pages timing out before they load. Garbled lines of text riddled with stray question marks. Technology experts and government officials were stumped about the reasons for the computer glitches plaguing the Obama administration's launch of new health insurance exchanges. ... Full Story | Top |
| For Obama, it's the 'Republican shutdown' Tuesday, Oct 01, 2013 04:24 PM PDT  By Steve Holland WASHINGTON (Reuters) - For President Barack Obama, the U.S. government shutdown that rippled across the country on Tuesday is the "Republican shutdown" and he is working hard to see that the name sticks to his political opponents. "We may not know the full impact of this Republican shutdown for some time," he said in the White House Rose Garden, with 12 Americans gathered behind him brought in to illustrate the benefits of his signature healthcare law, popularly known as "Obamacare." Also unknown: The full impact of the shutdown on Obama himself. ... Full Story | Top |
| Web traffic, glitches slow Obamacare exchanges launch Tuesday, Oct 01, 2013 04:18 PM PDT  By David Morgan and Caroline Humer (Reuters) - Technical glitches and heavy internet traffic slowed Tuesday's launch of new online insurance exchanges at the heart of President Barack Obama's healthcare reform, showcasing the challenge of covering millions of uninsured Americans. The opening itself represented a victory for Obama's signature domestic policy achievement after years of attack from Republican foes and delays in building the technology infrastructure to support sites in 50 U.S. states. ... Full Story | Top |
| Multiple sclerosis cases hit 2.3 million worldwide Tuesday, Oct 01, 2013 04:03 PM PDT LONDON (Reuters) - The number of people living with multiple sclerosis around the world has increased by 10 percent in the past five years to 2.3 million, according to the most extensive survey of the disease to date. The debilitating neurological condition, which affects twice as many women as men, is found in every region of the world, although prevalence rates vary widely. Multiple sclerosis (MS) is most common in North America and Europe, at 140 and 108 cases per 100,000 respectively, while in sub-Saharan Africa the rate is just 2. ... Full Story | Top |
| White House rejects latest Republican offer to end shutdown Tuesday, Oct 01, 2013 03:53 PM PDT By Richard Cowan and Mark Felsenthal WASHINGTON (Reuters) - The White House rejected a Republican plan to reopen portions of the U.S. government on Tuesday as the first shutdown in 17 years closed landmarks like the Statue of Liberty and threw hundreds of thousands of federal employees out of work. The back and forth offered no sign that President Barack Obama and Republicans can soon end a standoff over health care that has sidelined everything from trade negotiations to medical research and raised new concerns about Congress's ability to perform its most basic duties. ... Full Story | Top |
| Factbox: Day One of Obamacare exchanges, by the numbers Tuesday, Oct 01, 2013 03:46 PM PDT (Reuters) - The online health insurance exchanges at the heart of President Barack Obama's healthcare law opened for business on October 1, although technical glitches stalled the launch in many states. Here are some first day statistics reported by the exchanges, states and the federal government: * About 2.8 million people visited healthcare.gov - the main website for the 36 state exchanges being run by the federal government - between midnight and mid-afternoon, the U.S. Department of Health and Human Services said. * NY State of Health, New York state's exchange, reported 7. ... Full Story | Top |
| Obama would veto House Republican 'piecemeal' spending bills -White House Tuesday, Oct 01, 2013 03:17 PM PDT WASHINGTON (Reuters) - President Barack Obama would veto any "piecemeal" legislation that would restore funding only to certain parts of the government like national parks, veterans programs and the District of Columbia rather than a broad federal spending bill, the White House said on Tuesday. ... Full Story | Top |
| Merck drug triggers response in 24 percent of lung cancer patients Tuesday, Oct 01, 2013 02:32 PM PDT (Reuters) - Early data from a small trial of Merck & Co Inc's experimental immunotherapy cancer drug, known as MK-3475, showed that about a quarter of lung cancer patients responded to the treatment. Data from the trial is slated for presentation in Sydney, Australia, later this month at the World Conference on Lung Cancer, Merck said in a statement on Tuesday. The antibody drug, once known as lambrolizumab, is part of a new class of compounds designed to block the activity of a receptor on immune cells called programmed death 1 or PD-1. ... Full Story | Top |
| Japan's tax, spending plan double-edged sword for central bank Tuesday, Oct 01, 2013 02:02 PM PDT  By Leika Kihara TOKYO (Reuters) - The Japanese prime minister's policy mix announced on Tuesday of giving to the economy on the one hand and taking away with the other is set to complicate life for the central bank next year. It had already factored in an increase in the national sales tax to 8 percent from 5 percent from April 2014. Prime Minister Shinzo Abe confirmed the rise on Tuesday. ... Full Story | Top |
| TSX gains as investors shrug off U.S. shutdown Tuesday, Oct 01, 2013 01:54 PM PDT  By Alastair Sharp TORONTO (Reuters) - Canada's main stock index ended higher on Tuesday as investors largely shrugged off a partial shutdown of the U.S. government, buying into banks, insurers and energy companies while many of the index's biggest mining stocks fell. Some of the world's biggest gold miners slumped in line with a sharp fall in the price of bullion despite the deflationary risk of the U.S. government reducing its activities and a looming battle over raising Washington's borrowing limits. ... Full Story | Top |
| Florida woman tricked into taking abortion drug sues pharmacy Tuesday, Oct 01, 2013 01:29 PM PDT By Barbara Liston ORLANDO, Florida (Reuters) - A Florida woman whose boyfriend switched her antibiotic with a medication known to cause abortion is suing the Tampa-area pharmacy where the drug, prescription bottle and a faked label were obtained, according to a lawsuit. Remee Jo Lee believed she was taking an antibiotic prescribed in March 2013 by her boyfriend's father, an obstetrician, who had confirmed her pregnancy, according to a court documents. Several days later, she went to the hospital with severe pain and bleeding, and suffered a miscarriage. ... Full Story | Top |
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