Month: September 2013

WASHINGTON (Reuters) – House of Representatives Speaker John Boehner said he was confident that majority Republicans in the chamber would pass a stop-gap U.S. funding measure on Friday that denies money for "Obamacare" health insurance reforms. At a news conference on Thursday, Boehner also said Republicans had "no interest" in defaulting on U.S. debt in the looming debate over raising the U.S. debt limit. "We will deliver a big victory in the House tomorrow and then this fight will move over to the Senate where it belongs. I expect my Senate colleagues to be up for the battle," Boehner said. …

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By David Alexander WASHINGTON (Reuters) – People who seek “secret” security clearances to work at U.S. military installations undergo background checks that are good for a decade and are not re-examined unless derogatory information is presented to authorities, defense officials said on Wednesday. The department is working on a pilot program that would automatically send records of arrests or criminal charges to the appropriate defense officials. But the project is in the early stages and the Pentagon depends largely on individuals or their supervisors to report any misconduct, officials said. …

By Soyoung Kim and Jessica Toonkel NEW YORK (Reuters) – Swiss drugmaker Roche Holding AG has decided against trying to sell its blood glucose meter business, according to two people familiar with the matter. At least one other large drugmaker, Bayer AG , also scrapped plans to sell a diabetes device unit this year. In the past few months, Roche was looking to sell the business as the industry faced increased competition and lower reimbursement rates from U.S. government healthcare programs, people familiar with the matter told Reuters in May. …

WASHINGTON (Reuters) – President Barack Obama would veto a stop-gap government funding plan from Republicans in the House of Representatives that defunds Obamacare health reforms, the White House said on Thursday. In a brief statement, the White House Office of Management and Budget said Obama would veto the bill "because it advances a narrow ideological agenda that threatens our economy and the interests of the middle class." (Reporting by Roberta Rampton; Editing by Vicki Allen)

By Ben Hirschler LONDON (Reuters) – Big drugmakers are seeking a boost from new four-in-one influenza vaccines that will be available for the first time this flu season. Offering more protection to patients, the new quadrivalent vaccines provide a route to premium pricing that could improve margins and profits in a highly competitive market. Sanofi, GlaxoSmithKline and AstraZeneca all have products ready to tap the new opportunity, while Novartis is lagging behind its rivals. …