Xtremely restless: Recession intensifies Gen X’s ‘middle child’ syndrome, urge to job hop
Recession intensifies GenX discontent at work Coventry Health Care elected Michael Stocker of New York City Health and Hospitals to board
Coventry says Michael Stocker is joining board Pfizer closing some research plants, consolidating others and cutting staff after buying Wyethmore images Goldman Sachs, Citigroup among NYC employers that got hard-to-find swine flu vaccine
Merck, now the world’s No. 2 drugmaker with Schering-Plough purchase, set for future dealsmore images Johnson & Johnson to cut thousands of jobs in restructuring, targets $1.7B in savings by 2011more images Officials: MeritCare, Sanford Health merger creates largest rural not-for-profit health system
Dakotas 2 largest health care systems merge Brownback says USDA animal disease lab will attract entrepreneurs to Kansas, help create jobs
Brownback: USDA lab will bring companies to Kansas Wages, benefits rise at the slowest annual pace since 1982, as high unemployment limits pay
Pay, benefits rise at slowest pace since 1982 Amicus Therapeutics’ shares fall following move to end Shire partnership, cut jobs
Amicus shares fall on closed partnership, job cuts SciClone will cut 7 jobs in restructuring after canceling cancer drug trialSciClone will cut about 40 jobs in restructuring after canceling cancer drug trialShares of AIG decline; report questions insurer’s ability to retain top executives
AIG shares slide; report speculates on brain drain Drugmaker Pfizer’s 3Q profit jumps 26 percent on cost cuts; more expected with Wyeth deal donePfizer 3Q profit jumps 26 percent on cost cutting TRENTON, N.J. — Drugmaker Pfizer Inc. on Tuesday posted a 26 percent jump in third-quarter profit despite the recession, as sharp cost cuts made up for a dip in sales. Attorney: CA nurse assistant in vegetative state denied care after being attacked at hospitalLawyer: Nurse assistant denied care after attacks LOS ANGELES — Amelia Mendoza’s last words to her husband were that she was afraid she would be fired for reporting that she had been assaulted at her hospital nursing job. Drugmaker Pfizer closes $68B purchase of Wyeth, gets biotech, vaccine, consumer businessesDrugmaker Pfizer closes $68B acquisition of Wyeth TRENTON, N.J. — Pfizer Inc. and Wyeth have tied the knot in the drug industry’s most expensive marriage this year. Health care alliance Premier Inc. to create 300 more NC jobs, move HQ to CharlotteHealth care company to bring 300 jobs in Charlotte RALEIGH, N.C. — Premier Inc., a health care purchasing and data company, announced Wednesday it’s moving its headquarters from California to Charlotte while increasing its work in North Carolina’s largest city by 300 jobs. Paleontologist: Broken bones at Utah site show dinosaurs were trampled by own kind after deathScientist: Dinos trampled after death by own kind SALT LAKE CITY — A vast collection of broken dinosaur bones unearthed in southeast Utah indicates they were smashed underfoot by other dinosaurs shortly after they died, according to paleontologists. A guide to health benefits terms that commonly appear in open enrollment documentsA glossary for health insurance open enrollment Open enrollment season for employer-sponsored health benefits can come loaded with confusing terms. Here is a glossary of common words or phrases. Dr. Frederick ‘Fred’ Wirth Jr., physician for America’s 1st test-tube baby, dies at 68Physician who cared for 1st US test-tube baby dies RENO, Nev. — Dr. Frederick “Fred” Wirth Jr., the physician to America’s first test-tube baby, has died, his family said Friday. He was 68. Study: 2 million babies and mothers die worldwide each year due to childbirth complicationsStudy: 2 million babies and mothers die at birth JOHANNESBURG — More than 2 million babies and mothers die worldwide each year from childbirth complications, outnumbering child deaths from malaria and HIV/AIDS, according to a study. Report: Over 2 million babies and mothers die each year due to childbirth complicationsReport: 2 million babies and mothers die at birth JOHANNESBURG — More than 2 million babies and mothers die worldwide each year from childbirth complications, outnumbering child deaths from malaria and HIV/AIDS, according to a study released Tuesday. Obama says $5B in stimulus grants from NIH will help research cures for cancer, diseasesObama says $5B in grants will aid medical research WASHINGTON — The government on Wednesday awarded $5 billion in grants that President Barack Obama said would pay for research into cures for cancer and other diseases, and create tens of thousands of jobs. Obama announcing $5B in stimulus grants from NIH for cancer studies, other medical researchObama to announce $5B in medical research grants WASHINGTON — The National Institutes of Health has awarded $5 billion in grants to support research into cures for cancer and other diseases, and to create jobs. Donald Fisher, co-founder of Gap Inc. dies at age 81 after lengthy battle with cancerGap Inc. co-founder Donald Fisher dies PORTLAND, Ore. — Donald G. Fisher, who founded clothing retailer Gap Inc., has died at age 81 after a long battle with cancer. Sequenom says 4 executives were fired or resigned after review of Down syndrome studiesSequenom fires CEO and others after investigation SAN DIEGO — Sequenom Inc. on Monday forced out four executives and three other employees, including its president and CEO and the executive in charge of research and development, after an investigation into the mishandling of test results for its Down syndrome blood test. Walgreen 4th-quarter profit dips, but prescription drugs push sales higher, topping forecastWalgreen 4Q profit falls, but results top forecast NEW YORK — Drugstore operator Walgreen Co. said prescription drug sales rose in the fiscal fourth quarter, pushing the company’s results past Wall Street expectations and lifting shares to an annual high. Meltdown retirement lessons: Investment ignorance is expensive, so is retirementLesson: The best-laid retirement plans melt down DES MOINES, Iowa — Planning for retirement has never been as complicated — or as important — as it is now. Business owners are the happiest; getting health care for your family may be tougher in 2010Happy business owners, changes in health insurance ON HAPPINESS: Business owners are the happiest Americans, according to a recent survey. Those working in manufacturing are the least satisfied. Authorities investigate rare possible plague-linked death of UC scientist; spread unlikelySpread unlikely after possible plague-linked death CHICAGO — There’s no sign of any spread after the rare, possibly plague-related death of a University of Chicago scientist, public health officials said Monday as federal authorities flew in to help investigate. Labor Dept wants exemption for new GM health care plan for 700K retirees and dependentsLabor Dept wants exemption for GM health care plan WASHINGTON — The Labor Department said Thursday it was seeking an exemption for General Motors’ new retiree health care plan that would carry out the automaker’s plans to transfer company securities into the health care trust. State Department investigating death of US employee hired to help train Afghan national policeDrugs suspected in death of Afghanistan contractor WASHINGTON — A U.S. contractor in Afghanistan helping train the national police was found dead last week of a possible drug overdose, just months after his company was reprimanded by the State Department for another worker’s drug-related death. Study shows moderate health insurance premium growth for employer-sponsored coverageHealth insurance premiums rose modestly in 2009 The cost of employer-sponsored health insurance rose modestly again this year, but researchers predict a return to bigger increases that may eventually produce crippling premiums if left unchecked. Jody Powell dies, was White House press secretary during Jimmy Carter’s presidencyFormer Carter press secretary Jody Powell dies WASHINGTON — Jody Powell, who was White House press secretary and among the closest and most trusted advisers to President Jimmy Carter, died Monday of a heart attack. He was 65. Lilly to cut thousands of jobs over 2 years and form 5 business units, lowering costs by $1BLilly will reorganize and cut jobs to pare costs NEW YORK — Drugmaker Eli Lilly & Co. says it will eliminate thousands of jobs and reorganize into five business units in an effort to slash costs and speed up development of potential new drugs. Indiana court says employer must pay for weight-loss surgery for worker with injured backCourt: Employer must pay for weight-loss surgery INDIANAPOLIS — The Indiana Court of Appeals has ruled that a pizza shop must pay for weight-loss surgery for an obese employee to ensure the success of another operation for a back injury he suffered at work. Apple CEO Steve Jobs emcees product launch for first time since receiving liver transplantApple CEO Jobs on stage, discusses transplant SAN FRANCISCO — Apple Inc. CEO Steve Jobs returned Wednesday to the showman role that has helped define his company leadership, taking the stage for the first time since his medical leave to announce such new products as an iPod Nano that records video. South Africa launches campaign to get vaccinations, vitamins to 3 million childrenSouth Africa launches child vaccination campaign JOHANNESBURG — The doctor praised for re-energizing South Africa’s Health Ministry launched a major campaign Monday to get vaccinations and immunity-boosting vitamins to 3 million children across the country over the next two weeks. Nancy Talbot, co-founder of Talbots women’s clothing line, dies at 89 in ColoradoNancy Talbot dies at 89, founded clothing line BOULDER, Colo. — The co-founder of the upscale Talbots women’s clothing company has died from complications of Alzheimer’s disease. Nancy Talbot was 89. Dainippon Sumitomo Pharma of Japan acquiring US drug maker Sepracor for $2.6 billionDainippon of Japan acquires US drug maker Sepracor TOKYO — Japanese drug company Dainippon Sumitomo Pharma Co. is acquiring U.S. drug maker Sepracor Inc. for about $2.6 billion in an effort to expand in the U.S. market, both sides said Thursday. HSBC agrees to nationwide deal to help blind and deaf dispute credit card chargesDeal helps disabled dispute credit card charges ALBANY, N.Y. — A national credit card company has agreed to do a better job serving customers who are blind or deaf after it told a vision-impaired New Yorker she had to complete a written form to dispute a charge. Shorter treatments, fewer visits; spa-goers find ways to pamper themselves in tough timesGo less, shorten treatments to hold on to the spa NEW YORK — In this economy, we could probably all use a little pampering: a massage, a facial, a pedicure. Perhaps a nice soak in a hot whirlpool. Merck to structure itself into 5 units following close of $41.1 billion Schering-Plough dealMerck to form 5 divisions after Schering buyout NEW YORK — Richard T. Clark, current president and CEO of Merck, said Monday the company will restructure into five divisions after it completes its buyout of rival Schering-Plough for $41.1 billion. Alex Grass, founder of Rite Aid drugstore chain, dies of lung cancer at age 82Alex Grass, Rite Aid drugstore chain founder, dies HARRISBURG, Pa. — Alex Grass, who founded Rite Aid Corp. and built it into one of the nation’s largest drugstore chains, has died of lung cancer. With contract expiring at midnight Saturday, union says talks with Goodyear at ‘intense’ stageUnion says talks with Goodyear at ‘intense’ stage CLEVELAND — National contract talks between the United Steelworkers union and Goodyear Tire & Rubber Co. have reached an intense stage focused on protecting jobs, keeping plants open and addressing health care costs, the union said Friday. Alex Grass, founder of Rite Aid drugstore chain, dies of lung cancer at 82Alex Grass, founder of Rite Aid chain, dies HARRISBURG, Pa. — Rite Aid Corp. founder Alex Grass has died at age 82. |