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| MDxHealth expands U.S. insurance cover for cancer test Monday, Sep 30, 2013 11:28 PM PDT BRUSSELS (Reuters) - Belgium-based cancer testing company MDxHealth said on Tuesday it had signed deal with two U.S. health insurers to expand coverage of its ConfirmMDx prostate cancer diagnosis by more than 50 million people. MDxHealth said in a statement that it had signed agreements with FedMed, Inc., with 40 million members, and America's Choice Provider Network, Inc., with 11 million members. The new agreements mean that some 130 million people now have possible access to ConfirmMDx via their health insurance providers. ... Full Story | Top |
| Roche to show investors strength in and beyond cancer drugs Monday, Sep 30, 2013 11:17 PM PDT ZURICH (Reuters) - Swiss drugmaker Roche will highlight its most promising treatments in oncology, immunology and ophthalmology at an investor event on Tuesday, as it seeks to show its potential in and beyond its core cancer expertise. The world's biggest maker of cancer medicines cited etrolizumab in inflammatory bowel disease and lampalizumab, a treatment for the dry form of age-related macular degeneration (AMD), as among its most promising therapies. The Basel-based firm is also developing so-called "follow on" drugs that it hopes will replace or breathe new life into old cancer products. ... Full Story | Top |
| In historic step, Japan PM hikes tax; will cushion blow to economy Monday, Sep 30, 2013 10:42 PM PDT  By Tetsushi Kajimoto and Stanley White TOKYO (Reuters) - Japan's Prime Minister Shinzo Abe took a step on Tuesday that none of his predecessors had managed in more than 15 years - making a dent in the government's runaway debt. Abe, riding a wave of popularity with economic policies that have begun to stir the world's third-biggest economy out of years of lethargy, said the government will raise the national sales tax to 8 percent in April from 5 percent. But at the same time he will soften the blow to the nascent recovery. As the tax increase is set to raise an additional 8 trillion yen ($81. ... Full Story | Top |
| U.S. government shutdown begins after Congress fails to break impasse Monday, Sep 30, 2013 10:36 PM PDT  By John Whitesides WASHINGTON (Reuters) - The U.S. government began a partial shutdown on Tuesday for the first time in 17 years, potentially putting up to 1 million workers on unpaid leave, closing national parks and stalling medical research projects. Federal agencies were directed to cut back services after lawmakers could not break a political stalemate that sparked new questions about the ability of a deeply divided Congress to perform its most basic functions. ... Full Story | Top |
| Analysis: For House Republicans, confrontation is safer than compromise Monday, Sep 30, 2013 10:04 PM PDT  By Andy Sullivan WASHINGTON (Reuters) - For most Republicans in the House of Representatives, the only greater peril than shutting down the federal government would have been fighting to keep it open. While a shutdown could hurt the Republican Party's ability to win the Senate next year or take the White House in 2016, that's not the concern of party members in the House, who led the push to pair continued government funding with measures that would delay President Barack Obama's signature healthcare law. ... Full Story | Top |
| Obamacare launch poised to reach millions despite shutdown drama Monday, Sep 30, 2013 10:01 PM PDT  By David Morgan WASHINGTON (Reuters) - Millions of Americans will learn on Tuesday what President Barack Obama's landmark healthcare law actually means for them, as the administration opens new insurance marketplaces in 50 states despite the government shutdown. The launch marks a milestone for Obama's signature domestic policy achievement, which aims to provide subsidized healthcare to millions of the uninsured, the most ambitious U.S. social program since Medicare was introduced in the 1960s. ... Full Story | Top |
| In U.S. government shutdown fight, concern for congressional aides Monday, Sep 30, 2013 09:41 PM PDT By Patricia Zengerle WASHINGTON (Reuters) - In the waning hours before a potential U.S. government shutdown, lawmakers expressed anxiety that some of the people hit hardest will be those who are closest to them - the army of often low-paid aides who work long hours to keep Capitol Hill going. Many congressional staffers have been declared "essential," meaning they would come to work even if the government is closed. But under the rules of a shutdown, they would not be paid until the impasse is over. Those deemed inessential would be furloughed, with no guarantee of getting back lost income. ... Full Story | Top |
| U.S. government shutdown to start after budget negotiations fail Monday, Sep 30, 2013 09:41 PM PDT WASHINGTON (Reuters) - The U.S. federal government was due to start partially shutting down on Tuesday after lawmakers failed to compromise on an emergency spending bill before a midnight deadline. Competing spending measures flew back and forth between the Republican-controlled House of Representatives and Democratic-led Senate late into Monday night, but Congress deadlocked over Republican efforts to use a temporary spending bill as a means to delay implementation of President Barack Obama's landmark healthcare law. It is unclear how long a government shutdown will last. ... Full Story | Top |
| White House orders government agencies to begin shutting down Monday, Sep 30, 2013 09:41 PM PDT WASHINGTON (Reuters) - The White House ordered government agencies to begin shutting down late on Monday after Congress failed to find a compromise on a government spending bill before a midnight deadline. ... Full Story | Top |
| Factbox: What would happen, who would be furloughed if U.S. government shuts down? Monday, Sep 30, 2013 09:41 PM PDT (Reuters) - If Congress cannot agree on a funding bill for the U.S. government by a midnight deadline, there will be far-reaching consequences for everything from National Park admissions to economic data. Much of the impact or relative lack of disruption is determined by whether agencies are partly funded by industry user fees or deemed to be essential services. ... Full Story | Top |
| Senate to kill latest House funding plan on Tuesday: Reid Monday, Sep 30, 2013 09:41 PM PDT WASHINGTON (Reuters) - With a government shutdown under way, the U.S. Senate on Tuesday planned to recess until 9:30 a.m., at which time Democrats will formally reject the House of Representatives' latest offer for funding the government. Senate Majority Leader Harry Reid, a Democrat, announced the recess, as Congress had no apparent plan for dealing with the first federal shutdown in 17 years because of lawmakers' inability to reach a budget deal for the fiscal year that began on Tuesday. (Reporting by Richard Cowan; Editing by Paul Simao) Full Story | Top |
| Obama warns Defense Department civilians of furloughs during shutdown Monday, Sep 30, 2013 09:06 PM PDT  WASHINGTON (Reuters) - President Barack Obama told U.S. troops in a televised message that they will remain on "normal duty status" during a government shutdown that began on Tuesday, but warned civilian Defense Department employees of possible furloughs. "I know the days ahead could mean more uncertainty, including possible furloughs," Obama said in a message broadcast on Armed Forces Television. "And I know this comes on top of the furloughs that many of you already endured this summer. ... Full Story | Top |
| Giving by U.S. foundations tops $50.9 billion in 2012 Monday, Sep 30, 2013 09:02 PM PDT By Manuela Badawy NEW YORK (Reuters) - Giving in the United States by private and community foundations reached an estimated $50.9 billion in 2012, growing just ahead of inflation, a report released on Tuesday by the Foundation Center showed. The group's report was primarily focused on results of its 2011 survey of foundations but did include the limited projection for 2012. In 2011 the country's 81,777 foundations held $622 billion in assets and distributed $49 billion, just $1.9 billion below 2012's estimate, according to the Foundation Center's annual research study. ... Full Story | Top |
| House Republicans to seek special panel on spending bill Monday, Sep 30, 2013 07:49 PM PDT WASHINGTON (Reuters) - U.S. House of Representatives Republicans, in a bid to break the logjam over an emergency spending bill, are expected to seek the creation of a bipartisan negotiating panel with the Senate, according to a senior Republican aide. But it was not clear whether Senate Democrats would accept the offer. Furthermore, such a panel could not meet before a midnight ET (0400 GMT) government shutdown deadline, almost certainly assuring that agencies will have to curtail operations on Tuesday. (Reporting by Richard Cowan and Thomas Ferraro; Editing by Eric Walsh) Full Story | Top |
| U.S. Senate again rejects House Republican spending bill Monday, Sep 30, 2013 06:49 PM PDT WASHINGTON (Reuters) - For the second time on Monday, the U.S. Senate rejected an emergency funding bill approved by the House of Representatives that would have made major changes to the Obamacare healthcare law. By a vote of 54-46, Democrats in the Senate rejected the Obamacare changes and again sent back to the House a straight-forward bill to keep the U.S. government operating beyond Monday. ... Full Story | Top |
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