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Thursday, July 31, 2014
Senate immigration efforts 'nutso,' won't fly in House: Boehner
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US advises against non-essential travel to Guinea, Liberia, Sierra Leone
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U.S. doctor battling Ebola takes slight turn for worse
WINSTON-SALEM N.C. (Reuters) - The health of a U.S. doctor who contracted Ebola in Liberia while helping fight an unprecedented outbreak of the deadly disease has worsened slightly, a relief organization said on Thursday. Dr. Kent Brantly and Nancy Writebol, an American missionary also infected with the virus, both are in "stable but grave condition," according to Samaritan's Purse, a North Carolina-based Christian relief group. The organization, led by evangelist Franklin Graham, said it was aiming to have all nonessential personnel evacuated from Liberia by this weekend as conditions worsened. On Wednesday, the U.S. Peace Corps said it was pulling all 340 volunteers from Liberia, Sierra Leone and Guinea because of the spreading Ebola virus.
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US warns against traveling to Ebola-hit countries
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Sierra Leone declares emergency as Ebola death toll hits 729
By Umaru Fofana FREETOWN (Reuters) - Sierra Leone declared a state of emergency and called in troops to quarantine Ebola victims on Thursday, joining neighbouring Liberia in imposing tough controls as the death toll from the worst-ever outbreak of the virus hit 729 in West Africa. The World Health Organisation said it was in urgent talks with donors and international agencies to deploy more medical staff and resources to one of the world's poorest regions. The WHO reported 57 new deaths between July 24 and July 27 in Guinea, Liberia, Sierra Leone and Nigeria. Authorities in Nigeria, which recorded its first Ebola case last week when a U.S. citizen died after arriving on a flight from Liberia, said all passengers travelling from areas at risk would be temperature-screened for the virus.
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US warns against traveling to Ebola-hit countries
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FDA panel: Benefit of Baxter's immune therapy outweighs risk
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Australia urged to come clean on asylum-seekers' mental health
Australia's human rights commissioner said Thursday the government must come clean about conditions at offshore asylum-seeker camps after an inquiry heard of an alleged cover-up of mental health problems. The facilities have been under the spotlight in recent weeks following reports that up to a dozen mothers had attempted suicide at a detention centre on Christmas Island, an Australian territory in the Indian Ocean. The women did so under the belief that their babies would have a better chance of being settled in Australia if they were orphans, reports said. A leading psychiatrist alleged at a national inquiry into the mandatory detention of children seeking asylum that figures showing the extent of mental health issues had been covered up by the immigration department.
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Watchdog files IRS complaint against Koch-connected 60 Plus Association
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Next Obamacare enrollment period faces bumps: U.S. official
By David Morgan WASHINGTON (Reuters) - U.S. consumers who purchase private health coverage through the federal Obamacare website HealthCare.gov are likely to find only modestly higher premiums but may still have technical problems signing up, a top health official said on Thursday. "It won't be perfect," Andrew Slavitt, a newly appointed principal deputy administrator at the Centers for Medicare and Medicaid Services (CMS), told lawmakers at hearing before a House of Representatives oversight committee. Despite claims by Obamacare's foes that consumers would face double-digit cost increases for 2015, Slavitt said early indications from several states, including Rhode Island, Delaware and Washington, point to premium hikes in the mid-single digits. Slavitt was previously an executive at a government contractor working on the site and a leader of the rescue team that turned around HealthCare.gov in time to allow more than 5 million people in 36 states to obtain coverage.
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U.S. hospitals get lift from surge in Medicaid sign-ups
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Next Obamacare enrollment period faces bumps: U.S. official
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WHO launching $100 million plan to combat Ebola
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'Breathless and Burdened' wins Heywood Broun Award
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Ebola to be discussed at Washington summit next week: U.S. official
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Beat the Annual Yo-Yo Dieting Cycle
There is a common yearly weight loss, weight gain cycle: In my nearly three decades working in the weight loss industry, I've seen that August is second to December in the rate of weight gain, with September being second to January in weight loss. Why is this, and how can you change and benefit by recognizing this yo-yo cycle?December is the...
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How to protect yourself from Ebola
West Africa is grappling with the largest outbreak of Ebola virus in history, and concerns are mounting that the hemorrhagic fever could spill across international borders. Here is some advice from the World Health Organization (WHO) and the US Centers for Disease Control and Prevention (CDC) on how people can protect themselves against Ebola. "Transmission is through direct contact with bodily fluids of an infected person, or exposure to objects such as needles that have been contaminated with infected secretions," said Stephan Monroe, deputy director of the CDC's National Center for Emerging and Zoonotic Infectious Diseases. The Ebola virus can be spread though mucus, semen, saliva, sweat, vomit, stool or blood.
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Automatic Vision-Correcting Displays Could Let You Ditch The Reading Glasses
MIT’s research department working with the University of California at Berkeley has created digital display tech that can automatically compensate for vision problems, eliminating the need for glasses or contacts for specific uses like reading or viewing GPS navigation devices for far-sighted folks, among other potential uses.The new display...
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Whooping cough vaccine safe for pregnant women
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Sierra Leone buries 'hero' Ebola medic
Sierra Leone on Thursday buried a doctor it hailed as a "national hero" for saving the lives of more than 100 Ebola patients before succumbing himself to the killer tropical disease. Umar Khan, 43, the west African nation's sole virologist, was at the forefront of his country's fight against the epidemic, which has seen more than 700 deaths in Sierra Leone and its west African neighbours. He was laid to rest in the eastern town of Kenema, where he had spent much of his working life, in a Muslim ceremony attended by family, friends, local dignitaries, aid workers and health officials. Local media in Kenema described a "grief-laden" atmosphere weighing heavily on the town, with offices closed and markets empty.
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Justice Department wants workers to carry heroin antidote
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Nigeria starts airport Ebola screening
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Wisconsin Supreme Court upholds state's registry for same-sex couples
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Russia may restrict Greek fruit, U.S. poultry imports: reports
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Cigna to sell individual exchange plans in three more U.S. states
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Cigna says Obamacare customer costs were higher than expected
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Death toll from Ebola outbreak rises to 729: WHO
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AstraZeneca steps up push into cancer immunotherapy
By Ben Hirschler LONDON (Reuters) - AstraZeneca is accelerating its push into cancer immunotherapy, with plans to test a key experimental drug in new tumor types. The company is seen as No. 4 in a race to develop the first drug in a new class that fights cancer by unleashing the body's immune system, behind rivals Roche, Merck & Co and Bristol-Myers Squibb. AstraZeneca said on Thursday it would launch a pivotal clinical trial program with MEDI4736 in head and neck cancer this year, in addition to ongoing tests in lung cancer, and was also looking at expanding tests into other cancer types.
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Under fire and out of cash, U.N. overwhelmed by Gaza crisis
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Runtastic’s $120 Orbit Fitness Tracker Prizes Function And Features Over Fashion
Runtastic is doing the reverse of what many startups are doing these days: it’s going from being a software platform provider to becoming a hardware maker with the Runtastic Orbit fitness tracker. The Orbit is similar in concept and execution to the various trackers from Fitbit, Jawbone and Nike already available, but with a number of...
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Hungarian scientists aim for prototype of cancer surgery device
By Krisztina Than BUDAPEST (Reuters) - Hungarian scientists are aiming for the first prototype of a new device in two years that will help surgeons distinguish between healthy tissue and tumors in a split-second as they operate and remove cancerous tissue precisely. Hungarian chemist Zoltan Takats started to work on the technology in 2002 in the United States and from 2004 onwards at the Budapest Semmelweis Medical University in cooperation with the Imperial College London, where he works now. Last week, U.S.-based Waters Corporation acquired the technology - called Rapid Evaporative Ionization Mass Spectrometry (REIMS) - from Hungarian start-up firm MediMass Ltd. Waters said in a July 22 statement on its website that the technology could be used to create the "Intelligent Knife" or "iKnife," a device "in the conceptual stages of development that could potentially be used for real-time diagnostics in surgery".
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UK border staff unprepared for Ebola outbreak: union
British border staff are not ready to deal with possible Ebola cases arriving in the country and there are no containment facilities for suspected victims, a union leader said Thursday. Fears that the outbreak of the virus in west Africa could spread to other continents have grown in recent days, putting border staff across Europe and Asia on high alert. Lucy Moreton, general secretary of the union that represents border forces in Britain, said that her members are "very concerned" abut the situation. The warning comes a day after the British government's crisis response committee met on Wednesday to discuss its preparations to cope with any possible outbreak in Britain.
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FDA raises concern over drug production process at India's Cadila
By Abhishek Vishnoi and Zeba Siddiqui MUMBAI (Reuters) - India's Cadila Healthcare Ltd is responding to certain observations the U.S. Food and Drug Administration (FDA) made after conducting a "product specific" inspection of its Moraiya manufacturing plant, a company spokeswoman said on Thursday. Sources with direct knowledge told Reuters earlier that the FDA expressed concerns over the manufacturing process of at least one product at Cadila's Moraiya facility in the western Indian state of Gujarat. ANDA is an application drugmakers file with the FDA seeking approval to launch a new generic drug. There is no business impact from the FDA action and Cadila has not received any observations on the standard manufacturing practices at the Moraiya plant, the spokeswoman said.
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Peace Corps pulls volunteers from West Africa due to Ebola
By Lesley Wroughton WASHINGTON (Reuters) - The U.S. Peace Corps said on Wednesday it was pulling all 340 volunteers from Liberia, Sierra Leone and Guinea because of the spreading Ebola virus that has killed 672 people in the three countries since February. A Peace Corps spokesperson said two volunteers were isolated and under observation after being exposed to a person who later died of Ebola. "These volunteers are not symptomatic and are currently isolated and under observation," the spokesperson said in a statement. The Peace Corps, citing privacy concerns, declined to say where the two volunteers had come into contact with the Ebola victim.
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China seizes 12 tonnes of melamine tainted yoghurt candy
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Taxis, planes and viruses: How deadly Ebola can spread
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India's battle against unneeded medical care finds World Bank support
By Aditya Kalra NEW DELHI (Reuters) - India needs to curtail excessive medical care that leads to patient overspending as more people get health insurance, the World Bank said on Thursday, adding voice to a growing chorus against overtreatment in the country. Practices such as "defensive medicine" and aggressive marketing by hospitals, which cost the United States an estimated $250 billion to $300 billion annually, are emerging as a serious problem in India, the Washington-based institution warned. The comments come as India's new government has vowed to crack down on unethical practices that plague India's $74 billion healthcare industry, where doctors say getting kickbacks for referring patients or passing inflated hospital bills to insurers is widespread. The World Bank warned that as more people are able to afford healthcare and the government ramps up insurance coverage, the risk of excessive care may increase, in notes released from an April meeting with policymakers and insurers.
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Rolls-Royce says 2014 on track, to return to growth next year
By Sarah Young LONDON (Reuters) - Aero-engine maker Rolls-Royce said it was on track to return to growth next year, after profits fell as expected in the first half due to shrinking defense spending, a strong pound and a struggling marine business. The company kept its guidance for profit excluding foreign exchange movements to be flat this year, reassuring investors who were fearing an unpleasant surprise. Rolls-Royce alarmed markets in February by announcing there would be a pause in profit growth in 2014, ending a decade of continuous rises as the company absorbed the impact of declining U.S. and European military budgets. Rolls-Royce, which has said that this year's profits would be two-thirds weighted to the second half, is scheduled to provide its next update to the market in October.
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Novartis apologizes for not disclosing side-effects of leukemia drugs sooner
The Japanese unit of Novartis AG apologized on Thursday for failing to report to authorities in a timely manner side-effects of its leukemia drugs, in the company's latest scandal in the country. Novartis Pharma KK, the Swiss drugmaker's wholly owned local subsidiary, said Japan's Ministry of Health, Labour and Welfare ordered the company to improve its practices after the company did not report side-effects of its Gleevec and Tasigna leukemia treatments until around April. The ministry said serious side-effects must be reported within a month of discovery. Media reports said such side-effects had been known between April 2013 and January 2014.
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Sanofi lifts profit forecast as second quarter beats expectations
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China diners test McDonald's, Yum says food scare hurts KFC, Pizza Hut sales
A food safety scare in China is testing local consumers' loyalty to foreign fast-food brands, including McDonald's Corp and Yum Brands Inc, which owns the KFC and Pizza Hut chains. Yum said on Wednesday that the scare, triggered by a TV report earlier this month showing improper meat handling by a supplier, Shanghai Husi Food, caused "significant, negative" damage to sales at KFC and Pizza Hut restaurants over the past 10 days. "If the significant sales impact is sustained, it will have a material effect on full-year earnings per share," Yum said in a regulatory filing. Shares in Yum, which counts China as its No. 1 market, tumbled more than 6 percent in extended trading.
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WHO advises no flight restrictions, low risk from Ebola: IATA
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Sierra Leone president declares public health emergency over Ebola
Sierra Leone has declared a public health emergency to tackle the worst ever outbreak of Ebola and will call in security forces to quarantine epicenters of the deadly virus, President Ernest Bai Koroma said in a statement. The measures resembled a tough anti-Ebola package announced by neighboring Liberia on Wednesday evening.
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WHO advises no flight restrictions, low risk from Ebola: IATA
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Sierra Leone president declares state of emergency over Ebola
By Umaru Fofana FREETOWN (Reuters) - Sierra Leone has declared a state of public emergency to tackle the worst ever outbreak of Ebola and will call in security forces to quarantine epicenters of the deadly virus, President Ernest Bai Koroma said in a statement. "I hereby proclaim a State of Public Emergency to enable us take a more robust approach to deal with the Ebola outbreak," he said in a speech late on Wednesday, adding that the measures would initially last between 60 and 90 days. "All epicenters of the disease will be quarantined." Koroma said that the police and the military would restrict movements to and from epicenters, and would provide support to health officers and NGOs to do their work unhindered, following a number of attacks on healthworkers by local communities.
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Wednesday, July 30, 2014
How the US Government Could Evacuate Americans With Ebola
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Changes I am Making to Enjoy Life and Redefine Success
Saying no even when yes is a good option, or perhaps even the better option, is my personal motto. This inspiration came from a book written by Pastor Doug Fields, entitled What Matters Most: When No Is Better Than Yes. I have begun to employ my motto in phases, which means instead of agreeing to do something or go somewhere right away, I'll...
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UK holds emergency meeting over Ebola outbreak in Africa
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Most kids will use shade if provided at outdoor sports camps: study
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Depression linked to faster cognitive decline in old age
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U.S. Peace Corps says withdrawing volunteers due to Ebola virus
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Pacific islanders battle the bulge as obesity toll grows
The new chairman of the Pacific Islands Forum (PIF) said Wednesday that he was determined to change the unhealthy lifestyle choices that have made his region the fattest in the world. Palau President Tommy Remengesau said that junk food had become a blight on Pacific island communities, leading to epidemic rates of heart disease, diabetes, and high blood pressure among an increasingly obese population. In a region that was once legendary for its muscular warriors and lithe womenfolk, Remengesau said he feared a generation of Pacific islanders had already been lost to such non-communicable diseases (NCDs). Remengesau took over chairmanship of the PIF at a ceremony in Palau on Tuesday night, and was out and about in the capital Koror before dawn Wednesday morning spreading his healthy lifestyle message.
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At least 34 killed in stampede at Guinea beach concert
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Watch: 25 New Cases of Chikungunya in New Jersey
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New York man faces drug charges tied to 'Electric Zoo' death
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The Hot Zones: A Year in Review of Travel Illness
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Fruit and veg: five-a-day is OK, says study
British nutritionists threw down the gauntlet to dietary guidelines in April by declaring seven daily portions of fresh fruit and vegetables, rather than the recommended five, were the key to health. Every additional daily serving of fruit and vegetables reduced the average risk of premature death from all causes by five percent, the scientists found. "We found a threshold of around five servings a day of fruit and vegetables, after which the risk of death did not reduce further," said the investigators, led by Frank Hu of the Harvard School of Public Health in Boston, Massachusetts. In addition to advising patients about the virtues of healthy eating, doctors should also push home the message about risks from obesity, inactivity, smoking and excessive drinking, said the paper.
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Insanity plea mulled for Connecticut teen in prom stabbing case
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Doctors deny cutting off Alabama man’s penis
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The truth about your BMI
What does your body mass index really mean?The body mass index, or BMI, is an equation that uses your height and weight to create one solid number. Using this number, dieters and those looking to lose weight are supposedly able to see whether or not they are in good health. Some fitness experts are saying otherwise -- that the body mass index...
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5 food writers subpoenaed in 'pink slime' lawsuit
Several food writers, including a New York Times reporter, have been subpoenaed by a meat producer as part of its $1.2 billion defamation lawsuit against ABC in regards to the network's coverage of a beef product dubbed "pink slime" by critics.
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Liberia shuts schools, quarantines communities in bid to halt Ebola
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Lorillard e-cigarette sales slip as competition rises
Lorillard Inc. on Wednesday reported significant declines in its electronic cigarettes sales, raising questions about the strength of the nascent market. Sales of its electronic devices dropped 35 percent to $37 million for the second quarter ended June 30, 2014 compared to $57 million for the same period last year. Lorillard blamed much of the decline on greater competition from rivals Altria Group Inc and Reynolds American Inc, which are rolling out this summer their own e-cigarettes brands - Vuse and MarkTen - nationwide. "The eCig category possesses none of the wide moat characteristics of cigarettes, and we are concerned that today's market leader could be usurped by one of the emerging technologies," said Morningstar analyst Philip Gorham.
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Aid Group Evacuates Workers From West Africa Amid Ebola Outbreak
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5 Foods That Stain Your Teeth
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Probe exposes flaws behind HealthCare.gov rollout
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More in New York, New Jersey infected with chikungunya: CDC
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Suspected Ebola cases sent home as Liberian isolation unit fills up
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Boston Scientific wins first trial over transvaginal mesh device
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Ebola fears grow with Europe and Asia on alert
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U.S. relief worker 'fighting through' Ebola virus: son
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Police charge man with raping woman at raucous Massachusetts concert
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U.S. relief worker 'fighting through' Ebola virus: son
WINSTON-SALEM N.C. (Reuters) - An American aid worker infected with Ebola while responding to the outbreak of the deadly virus in Liberia and neighboring African countries is "fighting through it," her son said on Wednesday. Jeremy Writebol told NBC's "Today" show that his mother, missionary Nancy Writebol, is moving around on her own and receiving a lot of fluids as she is treated in isolation. Nancy Writebol and another U.S. colleague who contracted Ebola in Liberia, Dr. Kent Brantly, have both been described as stable but suffering from some symptoms of the contagious disease, for which there is no known cure. Writebol and Brantly were part of a team from two North Carolina-based relief organizations, Samaritan’s Purse and SIM, which on Tuesday said they would evacuate all nonessential personnel from Liberia as Ebola cases there mount.
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Smartphone app promises medical pot delivery
Startup Eaze on Tuesday released a smartphone application promising prompt, professional delivery of medical marijuana the doors of patients in San Francisco. Eaze said that drivers referred to as "caregivers" will get medicinal doses to their intended recipients in an average of 10 minutes in most cases. Eaze checks the medical eligibility of those who register at eazeup.com for the "on-demand healthcare delivery service" where users place orders using smartphones or tablet computers.
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Workout Wednesday: Fresh fitness
Humana CFO says later Obamacare customers were younger, healthier
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Israeli shelling causes carnage in Gaza school: U.N.
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Kids are accepting healthier school lunches: survey
By Shereen Lehman NEW YORK (Reuters Health) - A recent study suggests that most elementary age students are okay with eating the healthier school lunches required by the USDA. Despite early complaints from kids when the new menus were introduced in the fall of 2012, researchers found that by the second half of the school year, sales of school meals were up among disadvantaged kids, an important target audience for the healthier fare. “At 70 percent of elementary schools across the country, school leaders perceived that students liked the new lunches,” Lindsey Turner, coauthor of the study, told Reuters Health. “This is great news, as it suggests that students generally have been quite accepting of the standards, which have substantially improved the nutritional quality of school meals,” said Turner, a researcher at Boise State University in Idaho.
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7 Odd Reasons You Bruise Easily
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Ireland has too much to lose to deter U.S. companies re-homing
By Padraic Halpin DUBLIN (Reuters) - Ireland is in the firing line from Washington again for luring U.S. companies to its shores for tax benefits, but despite contrite noises coming from Dublin, it has too much to lose to discourage U.S. firms bent on shifting their tax domiciles. Ireland's low corporate tax rate of 12.5 percent is a natural lure for U.S. companies looking to set up an overseas hub, and for Dublin the pay-off is new jobs, but in so-called inversion deals the company then switches its overall tax domicile from the United States, where the rate is 35 percent, to its new home. The surge in such deals, which are typically effected by purchasing an overseas company - which does not then necessarily create any new jobs - drew the ire of President Barack Obama last week, who singled out Ireland for criticism. Ireland's government has responded by saying it is looking at ways of stopping the transactions, but lawyers and tax advisors who work for multinationals such as Intel , Pfizer and Google say little can be done without putting at risk a model specifically designed to lure foreign companies.
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Appeals court rules Mississippi abortion law unconstitutional
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Pfizer to buy two Baxter vaccines for $635 million
(Reuters) - Pfizer Inc agreed to buy two of Baxter International Inc's vaccines and a part of a facility involved in their production for $635 million. The deal will give Pfizer access to Baxter's NeisVac-C, a meningitis vaccine, and FSME-IMMUN, an encephalitis vaccine. Both vaccines are already being sold in the United States. (Reporting by Anand Basu; Editing by Simon Jennings)
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US Ebola doctor 'weak and quite ill,' says colleague
An American doctor who has contracted the dangerous Ebola virus in Liberia is "weak and quite ill," a colleague of his told AFP on Tuesday. Kent Brantly, 33, became infected with Ebola while working with patients in the Liberian capital, Monrovia, as he helped treat victims of the worst Ebola outbreak in history. Brantly and another American healthcare worker are among the more than 1,200 people who have become infected with Ebola in West Africa since March. He is still in the early stages of the Ebola infection but having some daily struggles," David Mcray, a family medicine doctor in Fort Worth, Texas, told AFP by phone.
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Sanofi, Regeneron drug cuts cholesterol in nine late-stage trials
By Natalie Huet PARIS (Reuters) - A new drug being developed by French drugmaker Sanofi and U.S. partner Regeneron cut "bad" LDL cholesterol more than placebo and existing treatments in nine late-stage clinical trials, the companies said on Wednesday. The injectable drug, called alirocumab, is from a promising new class of medicines, called PCSK9 inhibitors, also being developed by Amgen Inc and other drugmakers. The Phase III ODYSSEY trials showed that after 24 weeks, the mean percentage reduction in LDL cholesterol with alirocumab was consistent with results seen in previous trials, the companies said in a statement. The trials involved patients whose high LDL cholesterol levels are not sufficiently controlled by existing treatments such as statins, who cannot tolerate these or who present a high or very high cardiovascular risk.
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Humana says quarterly profit fell on health reform, drug costs
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AstraZeneca buys Almirall lung drugs for up to $2.1 billion
By Ben Hirschler LONDON (Reuters) - AstraZeneca took a major step to build up its respiratory medicine business on Wednesday by striking a deal worth up to $2.1 billion for the rights to Spanish group Almirall's lung drugs. The British drugmaker, which resisted a $118 billion takeover attempt by Pfizer in May, said it would pay an initial $875 million and up to $1.22 billion more if the drugs meet development and sales targets. The tie-up boosts a key therapeutic area for AstraZeneca, whose Chief Executive Pascal Soriot is determined to show his company has a strong independent future. Soriot also struck a clinical trial collaboration with Japan's Kyowa Hakko Kirin for a study that will evaluate a combination of the two companies' drugs in cancer - another important field for AstraZeneca.
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Koch-backed seniors group low-balling election spending?
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Minnesota woman who lost husband to Ebola urges aid to fight virus
By Fiona Ortiz CHICAGO (Reuters) - The Minnesota wife of a Liberian-American man who died last week in Nigeria from the Ebola virus said on Tuesday she wants to use his memory to spur efforts to fight the disease, which has also infected two U.S. relief workers in Liberia. Decontee Sawyer, a 34-year-old counselor for sexual assault victims and mother of three small girls, said Minneapolis' large and tight-knit Liberian community has woken up to the problem of Ebola after her husband's death. Patrick Sawyer, 40, who died on Friday in Lagos, was the first recorded case of Ebola in Nigeria. "We want to encourage all Liberians and friends of Liberians to donate money or protective gear and send it to these groups that are already at the forefront in fighting Ebola," Sawyer told Reuters in a telephone interview.
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UK Foreign Secretary says Ebola outbreak "a threat" to Britain
LONDON (Reuters) - British Foreign Secretary Philip Hammond said he would hold a top-level government meeting to discuss the outbreak of the highly-infectious Ebola virus across West Africa which he warned posed a threat to Britain. "It is a threat. It is something we need to respond to," Hammond told BBC TV. Ebola is believed to have killed 672 people in Guinea, Liberia and Sierra Leone since the outbreak began in February, according to the World Health Organisation. ...
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AstraZeneca buys Almirall lung drugs for up to $2.1 billion
By Ben Hirschler LONDON (Reuters) - AstraZeneca took a major step to build up its respiratory medicine business on Wednesday by striking a deal worth up to $2.1 billion for the rights to Spanish group Almirall's lung drugs. The British drugmaker, which resisted a $118 billion takeover attempt by Pfizer in May, said it would pay an initial $875 million and up to $1.22 billion more if the drugs meet development and sales targets. The tie-up boosts a key therapeutic area for AstraZeneca, whose Chief Executive Pascal Soriot is determined to show his company has a strong independent future. Soriot also struck a clinical trial collaboration with Japan's Kyowa Hakko Kirin for a study that will evaluate a combination of the two companies' drugs in cancer - another important field for AstraZeneca.
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UK Foreign Secretary says Ebola outbreak "a threat" to Britain
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Tuesday, July 29, 2014
Federal panel rules Mississippi abortion law unconstitutional
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Generation of tanners see spike in deadly melanoma
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US Ebola doctor 'weak and quite ill,' says colleague
An American doctor who has contracted the dangerous Ebola virus in Liberia is "weak and quite ill," a colleague of his told AFP on Tuesday. Kent Brantly, 33, became infected with Ebola while working with patients in the Liberian capital of Monrovia as he helped treat victims of the worst Ebola outbreak in history. Brantly and another American healthcare worker, Nancy Writebol, are among the more than 1,200 people who have become infected with Ebola in West Africa since March. More than 670 people have died, including Omar Khan, a leading Ebola doctor in Sierra Leone, who passed away on Tuesday after being hospitalized with the virus last week.
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Top Sierra Leone Doctor Dies of Ebola
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Osram to cut almost 8,000 jobs in switch to LED
German lighting maker Osram Licht AG announced late on Tuesday plans for a new savings program that will include almost 8,000 job cuts, or around 23 percent of its staff, as it seeks to keep up with a shift in technology. It said that the extra measures would cost around 450 million euros and could result in it missing its long-term target for a reported operating profit margin of more than 8 percent in the fiscal year to the end of September, 2015. Osram also announced third quarter results a day earlier than planned, with sales of 1.2 billion euros ($1.61 billion) and better than expected adjusted earnings before tax and interest of 104 million euros. "While earnings continue to develop nicely, the growing market acceptance of LED technology is, as already announced, causing a significantly faster decline of the traditional business," said Chief Executive Officer Wolfgang Dehen.
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