Stories by Tom Murphy

Wednesday, Aug 5, 2015

Netflix's parental leave sets new standard for tech

Netflix stirred envy in parents nationwide by saying it will give its employees up to a year of paid leave following the birth or adoption of a child. But outside of Silicon Valley, don't hold ...
By Tom Murphy

Wednesday, July 29, 2015

Insurer Anthem hikes 2015 forecast, 2Q earnings climb

Health insurer Anthem has bumped up its 2015 forecast again after earnings jumped more than 17 percent in its most recent quarter.
By Tom Murphy

Thursday, July 16, 2015

Insurer raises outlook after good quarter

UnitedHealth continued to juice up its business outside health insurance in a better-than-expected second quarter while rivals scrambled to add enrollment in a wave of mega-mergers sweeping the ...
By Tom Murphy

Monday, July 13, 2015

Natural gas now primary fuel to generate electricity

Natural gas overtook coal as the top source of U.S. electric power generation for the first time ever earlier this spring, a milestone that has been in the making for years as the price of gas ...
By Tom Murphy

Friday, July 3, 2015

Health insurance merger spree leaves uncertainty for consumers

More than a third of the U.S. population has health coverage through an insurer that either wants to make a huge acquisition or is about to be swallowed up in one. The impact on the average ...
By Tom Murphy

Monday, June 15, 2015

Target sells pharmacy, clinic businesses to CVS Health

The nation's second-largest drugstore chain will pay about $1.9 billion to run Target's in-store health operations and expand what they offer for customers.
By Tom Murphy

Monday, June 1, 2015

Health insurance 2016 rates to rise

Health insurers say higher-than-expected care costs and other expenses blindsided them this year, and they're going to have to hike premiums beyond 10 percent for 2016.
By Tom Murphy

Friday, May 29, 2015

Humana exploring possible sale, report says

Humana shares soared well beyond all-time high prices Friday on speculation that the company, one of the nation’s biggest health insurers, might be up for sale.
By Tom Murphy

Thursday, April 16, 2015

UnitedHealth hikes forecast, shares edge to new heights

UnitedHealth off to a roaring start in 2015 as insurance and pharmacy businesses boom.
By Tom Murphy

Thursday, April 9, 2015

Walgreens aims to close about 200 US stores

Walgreens will shutter about 200 U.S. stores as part of an expanded cost reduction push, but the nation’s largest drugstore chain has no plans to shrink in the wake of its combination with ...
By Tom Murphy

Monday, March 30, 2015

UnitedHealth to buy pharmacy benefits manager Catamaran

UnitedHealth, will muscle up for its fight against rising prescription drug costs by spending more than $12 billion to buy pharmacy benefits manager Catamaran Corp.
By Tom Murphy

Thursday, March 5, 2015

AbbVie to buy leukemia drugmaker Pharmacyclics for $21B

AbbVie will spend about $21 billion to buy fellow drugmaker Pharmacyclics in a bid to add another major revenue producer to a product portfolio that already includes the world’s top-selling drug, ...
By Tom Murphy

Sunday, March 1, 2015

Staying on top of costs for medical care crucial

The clock on insurance deductibles reset Jan. 1, and that means big medical bills are in store for some. Patients could be required to pay thousands of dollars before their health care coverage ...
By Tom Murphy

Thursday, Feb. 5, 2015

Health insurance giant's database hacked

INDIANAPOLIS - Hackers broke into a health insurance database storing information for about 80 million people in an attack bound to stoke fears many Americans have.
By Tom Murphy

Tuesday, Feb. 3, 2015

Aetna 4Q profit drops but meets forecasts, guidance climbs

Aetna’s fourth-quarter earnings slid 37 percent as the health insurer spent more to grow its business, but its performance matched expectations and the company raised its forecast for the year.
By Tom Murphy

Sunday, Feb. 1, 2015

Union asks refinery workers to strike as talks hit impasse

The United Steelworkers Union called for its refinery workers to stage their largest walkout in more than 30 years Sunday, saying its negotiations with Shell Oil Co. had broken down less than two ...
By Tom Murphy

Tuesday, Jan. 27, 2015

P&G fiscal 2Q earnings drop, hurt by exchange rates

Procter & Gamble's second-quarter earnings sank 31 percent as the strong U.S. dollar cut into the performance of the world's largest consumer products maker.
By Tom Murphy

Thursday, Jan. 22, 2015

McDonald's faces employee lawsuit

Some McDonald's workers who say they were fired because of their race are suing the fast-food giant, accusing it of dodging responsibility for the discrimination and harassment they say they endured.
By Tom Murphy

Wednesday, Dec. 17, 2014

FedEx misses Street 2Q forecasts, but profit jumps 23 pct

FedEx 2Q profit jumps 23 percent, but performance misses expectations.
By Tom Murphy

Tuesday, Nov. 25, 2014

Home Depot faces dozens of breach-related lawsuits

Retailer Home Depot faces dozens of lawsuits over data breach that hit debit and credit cards.
By Tom Murphy
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Mayor's office helped arrange Kinder Morgan gift

When Augusta Commission members reported being blindsided and subsequently rejected a $25,000 donation from Kinder Morgan, the mayor's office and other city officials had been working to arrange ...
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