US gi­ants team up for health ven­ture

Yorkshire Post - - BUSINESS -

EN­TER­PRISE: On­line re­tail gi­ant Ama­zon, War­ren Buf­fett’s Berk­shire Hath­away and the New York bank JPMor­gan Chase are team­ing up to cre­ate a health­care com­pany “free from profit-mak­ing in­cen­tives and con­straints”.

Mr Buf­fett, in a pre­pared state­ment, called the sky­rock­et­ing costs of health­care in the US the “hun­gry tape­worm on the Amer­i­can econ­omy”.

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