Watch: Dr. Oz sworn in as Medicare and Medicaid chief

Dr. Mehmet Oz was sworn in at the White House as administrator of the Centers for Medicare and Medicaid Services, which oversees programs that provide health care coverage for about half of the U.S. population. The Senate confirmed Oz in a party-line vote this month.

Regulators approve $35bn merger of Capital One and Discover Financial

Acquisition expected to be completed on 18 May after Federal Reserve and currency comptroller sign off on deal The pending merger between Capital One and Discover Financial services received approval from several regulators on Friday, bringing the $35bn tie-up closer to completion. The Federal Reserve and the office of the comptroller of the currency (OCC) … Read more