A Citi Investment Research analyst raised her price target on shares of CVS Caremark Corp. after the company received a pharmacy benefits management contract estimated at $3 billion per year.

In negotiations with school unions, Michigan governor Rick Snyder pushed the Legislature to give special "financial managers" new powers to cancel union contracts and cut costs in financially troubled school districts.

Republican presidential hopeful Tim Pawlenty told people during a Monday stop in Iowa that the key difference between his Medicare proposal and the proposal introduced by Rep. Paul Ryan, R-Wiscosnin, is that his plan will change the way providers are paid.

Instead of imposing higher co-pays and rolling back health insurance coverage for state employees, Connecticut officials want their workers to get a colonoscopy to help cut costs.

An Illinois House committee has approved a measure that would abolish the worker's compensation system.

Illinois lawmakers intend to push forward with a plan to cut government pension costs by making employees pay more or accept lower benefits.

The Supreme Court has sustained Arizona's law that penalizes businesses for hiring workers who are in the United States illegally, rejecting arguments that states have no role in immigration matters.

It will be harder for Wisconsin public workers to be covered by the state retirement system and take longer to get vested to receive pension benefits under action by the Legislature's budget committee.