Insurers Seek Big Premium Boosts
Big health plans stung by losses in the first few years of the U.S. health law’s implementation are seeking hefty premium increases for individual plans sold through insurance exchanges in more than a dozen states.
Takata Will Restructure, Seek Cash Amid Recalls
Takata hired restructuring bankers to seek a cash infusion and negotiate with auto makers on mushrooming costs from rupture-prone air bags linked to 11 deaths and more than 100 injuries globally.
Microsoft to Streamline Smartphone Business
Microsoft will lay off 1,850 workers and take an impairment and restructuring charge of approximately $950 million as it takes further step in dismantling the mobile-phone operations it acquired from Nokia.
Craving More Growth, Walgreens Dismissed Its Doubts About Theranos
The drugstore chain made a blood-testing deal without fully validating the startup’s technology, worrying that Elizabeth Holmes might balk if Walgreens pushed too hard.
125Judge Denies Gawker Motion for New Trial in Hulk Hogan Case
A Florida judge denied Gawker Media’s motion for a new trial in the Hulk Hogan sex-tape case, as reports surfaced that a Silicon Valley billionaire has helped finance the professional wrestler’s lawsuit.
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