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Jul 31, 2011

HEALTH News, Jul 31, 2011 (2)

U.S. advisers call for new medical device regime
Fri,29 Jul 2011 02:56 PM PDT
Reuters - WASHINGTON (Reuters) - An advisory group said the U.S. fast-track approval process for medical devices is fatally flawed and should be replaced, but the Food and Drug Administration said the recommendation was a non-starter. Full Story

Myriad can patent breast cancer genes: court
Fri,29 Jul 2011 02:48 PM PDT
Reuters - CHICAGO (Reuters) - A U.S. federal appeals court affirmed the right of Myriad Genetics to patent two genes linked to breast cancer, overturning a lower court ruling that threatened a key element of the biotech business. Full Story

Can chewing more help you eat less?
Fri,29 Jul 2011 02:47 PM PDT
Reuters - NEW YORK (Reuters Health) - A new study finds that people who chew their food more take in fewer calories, which may help them control their weight. Full Story

New drug regulator asks Congress for more power
Fri,29 Jul 2011 02:18 PM PDT
Reuters - WASHINGTON (Reuters) - Drug companies should take more responsibility for the safety of ingredients sourced overseas, and Congress should make them if they do not, according to the new U.S. drug regulator for import safety. Full Story

FDA balks at medical device shakeup
Fri,29 Jul 2011 01:36 PM PDT
Reuters - WASHINGTON (Reuters) - An advisory group said the U.S. fast-track approval process for medical devices is fatally flawed and should be replaced, but the Food and Drug Administration said the recommendation was a non-starter. Full Story

Most women carrying cancer genes take action: study
Fri,29 Jul 2011 01:21 PM PDT
Reuters - NEW YORK (Reuters Health) - Women who screen positive for gene mutations that promote breast and ovarian cancers usually opt for surgery to cut their risk of the diseases, a new study suggests. Full Story

Cancer disparities exist despite good insurance
Fri,29 Jul 2011 08:59 AM PDT
Reuters - NEW YORK (Reuters Health) - Despite having equal access to health care through military health insurance, black women with breast cancer are less likely than white women to receive certain aggressive treatments, according to the findings of a new study.Full Story

U.S. advisers call for new medical device regime
Fri,29 Jul 2011 08:26 AM PDT
Reuters - WASHINGTON (Reuters) - An advisory group said the U.S. fast-track approval process for medical devices is fatally flawed and should be replaced, but the Food and Drug Administration said the recommendation was a non-starter. Full Story

Screening has little impact on breast cancer deaths
Fri,29 Jul 2011 08:25 AM PDT
Reuters - LONDON (Reuters) - Falling breast cancer death rates have little to do with breast screening but are down to better treatment and health systems, scientists said on Friday, in a study likely to fuel a long-running row over the merits of mammograms. Full Story

MSF expects Somali refugee malnutrition rates to rise
Thu,28 Jul 2011 02:51 PM PDT
Reuters - DADAAB, Kenya (Reuters) - Medical charity Medecins Sans Frontieres (MSF) said on Thursday it expected no let up in the number of cases of severe malnutrition among Somali refugee children escaping drought until the onset of rains expected in November. Full Story

NJ Gov. Christie in hospital with breathing trouble
Thu,28 Jul 2011 02:50 PM PDT
Reuters - NEW YORK (Reuters) - New Jersey Governor Chris Christie, who has frequently been mentioned as a possible Republican presidential candidate in 2012, was taken to the hospital on Thursday after having "difficulty breathing," his spokesman said. Full Story

North Carolina lawmakers pass abortion law over veto
Thu,28 Jul 2011 02:49 PM PDT
Reuters - RALEIGH, North Carolina (Reuters) - Women seeking an abortion in North Carolina will have to wait 24 hours and be presented with an ultrasound image of the fetus under an informed consent law passed on Thursday. Full Story

Ailing Chavez "like phoenix" on birthday
Thu,28 Jul 2011 02:49 PM PDT
Reuters - CARACAS (Reuters) - Looking stronger after cancer treatment, Venezuela's President Hugo Chavez said on Thursday he felt reborn, phoenix-like, on his 57th birthday, in a sign the socialist believes he is overcoming his illness. Full Story

Non-head injuries may impact thinking skills: study
Thu,28 Jul 2011 02:48 PM PDT
Reuters - NEW YORK (Reuters Health) - A blow to the head isn't the only injury that can make a football player a little slow and confused. Full Story

Can vitamins help boost your memory?
Thu,28 Jul 2011 02:47 PM PDT
Reuters - NEW YORK (Reuters Health) - Adults who took vitamin and mineral supplements for almost a decade performed better on one type of memory test than those who didn't take the supplements, according to a new study from France. Full Story

BUSINESS News, Jul 31 2011

Debt and data suggest more losses
Sat,30 Jul 2011 03:45 PM PDT
Reuters -
photoNEW YORK (Reuters) - Stocks are likely to face more selling pressure next week as the Tuesday deadline draws near for raising the U.S. debt ceiling and Washington remains paralyzed by political brinkmanship.

U.S. Gulf oil patch restores operations after Don
Sat,30 Jul 2011 10:14 AM PDT
Reuters - HOUSTON (Reuters) - Offshore oil and natural gas producers re-staffed their production platforms in the Gulf of Mexico on Saturday, the day after Tropical Storm Don made landfall on the south Texas coast. Full Story

German finance minister: Greek deal no transfer union
Sat,30 Jul 2011 09:35 AM PDT
Reuters -
photoBERLIN (Reuters) - German Finance Minister Wolfgang Schaeuble denied on Saturday that this month's Greek bailout deal paves the way for a future 'transfer union' in which euro zone countries are liable for each others' debts.

Billionaire Wilbur Ross downplays downgrade threat
Sat,30 Jul 2011 08:18 AM PDT
Reuters -
photoDUBLIN (Reuters) - A downgrade of sovereign debt would not necessarily have a big impact on financial markets, billionaire investor Wilbur Ross said.

Answers to the 7 big "what-ifs" of debt default
Sat,30 Jul 2011 06:09 AM PDT
Reuters -
photoNEW YORK (Reuters) - The debt negotiations are getting down to the wire. Republican and Democratic lawmakers are scrambling to broker a deal to raise the country's $14.3 trillion debt ceiling before Tuesday, when the Treasury will no longer be able to borrow funds to meet all of its obligations. It all means the United States could face the possibility of defaulting on its debt and losing its prized triple-A credit rating.

Billionaire Ross bets on v-shaped Irish recovery
Sat,30 Jul 2011 05:53 AM PDT
Reuters -
photoDUBLIN (Reuters) - Positive news from Ireland is prompting a growing number of investors to look at the troubled euro zone economy, said billionaire Wilbur Ross, who this week invested 300 million euros in its largest lender.

Analysis: Answers to the 7 big "what-ifs" of debt default
Fri,29 Jul 2011 03:45 PM PDT
Reuters -
photoNEW YORK (Reuters) - The debt negotiations are getting down to the wire. Republican and Democratic lawmakers are scrambling to broker a deal to raise the country's $14.3 trillion debt ceiling before Tuesday, when the Treasury will no longer be able to borrow funds to meet all of its obligations. It all means the United States could face the possibility of defaulting on its debt and losing its prized triple-A credit rating.

Wall Street Week Ahead: Debt and data suggest more losses
Fri,29 Jul 2011 03:30 PM PDT
Reuters -
photoNEW YORK (Reuters) - Stocks are likely to face more selling pressure next week as the Tuesday deadline draws near for raising the U.S. debt ceiling and Washington remains paralyzed by political brinkmanship.

TSX dives on weak data, U.S. debt deadlock
Fri,29 Jul 2011 03:06 PM PDT
Reuters - TORONTO (Reuters) - Toronto's main stock index closed sharply lower on Friday, though off the one-month low it hit earlier in the day, as weak economic data and the U.S. debt crisis pushed investors to the safety of the sidelines. Full Story

Debt crisis strains banks, threatens consumers
Fri,29 Jul 2011 02:46 PM PDT
Reuters - NEW YORK (Reuters) - The crisis over raising the debt ceiling may have been manufactured by politicians, as many on Wall Street charge, but its effect on consumers and the broader economy is likely to prove very real. Full Story

Growth anemic, debt row poses recession risk
Fri,29 Jul 2011 02:35 PM PDT
Reuters -
photoWASHINGTON (Reuters) - The economy stumbled badly in the first half of 2011 and came dangerously close to contracting in the January-March period, raising the risk of a recession if a standoff over the nation's debt does not end quickly.

Arctic Glacier says lenders grant waivers
Fri,29 Jul 2011 02:30 PM PDT
Reuters - (Reuters) - Packaged ice maker Arctic Glacier Income Fund said it reached an agreement with its lenders to waive some covenants in its credit facilities, taking some heat off the debt-ridden company. Full Story

Merck to slash jobs in cost-savings drive
Fri,29 Jul 2011 02:29 PM PDT
Reuters -
photoNEW YORK (Reuters) - Merck & Co Inc plans to cut another 12,000 to 13,000 jobs by late 2015 to wring out additional annual cost savings of up to $1.5 billion that can be plowed back into research and deal making.

Ford hopes to avoid strike in labor talks
Fri,29 Jul 2011 02:27 PM PDT
Reuters - DEARBORN, Michigan (Reuters) - Ford Motor Co's labor chief said the U.S. automaker hopes to avoid a strike in its talks for a new labor deal with the United Auto Workers union, which officially began on Friday. Full Story

Wall Street ends worst week in year on debt stalemate
Fri,29 Jul 2011 02:25 PM PDT
Reuters -
photoNEW YORK (Reuters) - Stocks ended the worst week in a year as time runs out on Washington to reach agreement before the government loses its ability to borrow money.