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| Health co-ops, created to foster competition and lower insurance costs, are in ... Washington Post |
When the new health-care law was being cobbled together, Congress decided to establish a network of nonprofit insurance companies aimed at bringing competition to the marketplace, long dominated by major insurers. But these co-ops, started as a great ...
| Men's Wearhouse Said to Weigh Bid for Allen Edmonds New York Times |
Cork being filled in a shoe at the Wisconsin headquarters of Allen Edmonds. Darren Hauck for The New York Times Cork being filled in a shoe at the Wisconsin headquarters of Allen Edmonds. Men's Wearhouse may try one of the country's bigger upscale ...
| Broadcom announces job cuts, weaker sales forecast Los Angeles Times |
Broadcom Corp. said it is cutting as many as 1,150 jobs and forecast fourth-quarter revenue below analysts' estimates as demand slows for its chips that connect mobile phones to the Internet. The Irvine company's shares fell as much as 8.6% in late trading.
| CEO pay skyrockets on soaring stock market USA TODAY |
CEOs' wallets are turning into one of the biggest winners from the rising stock market, with the top 10 payouts hitting a record $4.7 billion, and they're likely to get even fatter next year. By cashing in lucrative stock options they got when stocks were beat up, ...
| Balloon Ride to Offer Expansive View, for a Price New York Times |
And now, a high-altitude adventure for the leisure class, people who do not want to be jostled as they sip Champagne and gaze down at Earth's curved blue surface. Multimedia. Flying to the Stratosphere. Flying to the Stratosphere. Close Video. See More ...
| After 2-Week Delay, September Jobs Report Due ABC News |
A picture of the job market just before the government's partial shutdown will emerge Tuesday with the delayed release of the September employment report. Economists forecast that employers added 180,000 jobs in September, according to FactSet.
| Lack of quality ratings on Covered California site is criticized Los Angeles Times |
California's insurance exchange came under fire for its plan to withhold quality ratings of health plans until late 2015 while thousands of consumers shop for coverage under the federal healthcare law. The state exchange, Covered California, said Tuesday ...
| US carbon emissions hit lowest level since 1994 USA TODAY |
In a bit of encouraging climate news, the U.S. government reported Monday that U.S. emissions of heat-trapping greenhouse gases from the burning of fossil fuels were lower last year than at any time since 1994. Driven by efficiency gains, an unusually warm ...
| Confused about the insurance exchange rollout? Here's all you need to know. Washington Post |
Q: I heard that a lot of people have had problems using the federal health insurance exchange Web site, HealthCare.gov. What's going on? A: In the first several days, many consumers hit a bottleneck when they tried to get onto the site and create accounts, ...
| US postpones start of 2014 tax season; deadline unchanged The Globe and Mail |
The start of the 2014 tax filing season will be postponed by a week or two next year, the U.S. Internal Revenue Service (IRS) said on Tuesday, likely delaying some tax refunds, as well. Complications from the 16-day federal government shutdown are the ...
| Hockey's RBA grant hits budget deficit Sydney Morning Herald |
In one hit Treasurer Joe Hockey has pushed up this year's projected budget deficit from around $30 billion to nearer $40 billion. Mr Hockey will give the Reserve Bank a one-off grant of $8.8 billion to strengthen the reserve fund it uses to back up its foreign ...
| SEC, DOJ charge Diebold in foreign bribery case USA TODAY |
Ohio-based ATM manufacturer Diebold spent roughly $3 million bribing officials at banks in China, Indonesia and Russia with pleasure trips in a bid to win and keep lucrative business deals, federal authorities charged Tuesday. Violating the Foreign Corrupt ...
| SAC Defections Accelerate as Cohen Approaches Settlement Bloomberg |
As Steven Cohen nears a settlement that may put his SAC Capital Advisors LP out of business over allegations of insider trading, some of his overseas money managers aren't waiting. Lia Forcina, who managed more than $700 million at SAC Capital out of ...
| US job growth seen having revved up before budget fight hit Reuters |
By Lucia Mutikani. WASHINGTON | Tue Oct 22, 2013 4:47am EDT. WASHINGTON (Reuters) - U.S. job growth likely picked up a bit in September, suggesting the economy enjoyed rising momentum before an acrimonious budget fight in Washington took some ...
| Futures Mixed Ahead of Delayed Jobs Report ABC News |
Stock futures are mixed ahead of the release of delayed jobs figures that could provide the last solid glimpse at the health of the nation's job market this year. Dow Jones industrial futures are up 2 points to 15,324. S&P futures have lost 1.1 points to 1,737.10.
| Amazon To Open "Fulfillment Center" On Site Of Old GM Plant WBAL Radio |
Amazon.com will open a 1-million-square-foot fulfillment center on the site of the former General Motors Assembly plant along Broening Highway in Southeast Baltimore. The company's news release offers no details as to when the facility will open, but the ...
| State Street Suffers Q3 Trading Weakness but Revenue Rises From Year Earlier ... TheStreet.com |
NEW YORK (TheStreet) -- State Street (STT) on Tuesday reported a sequential revenue decline, as part of the industry's weak trading trend for the third quarter, but the asset manager and custody bank saw total revenue grow over 3% year-over-year.
| Harley Steers Toward a Broader Base Wall Street Journal |
Expect a fairly upbeat progress report toward that goal when Harley-Davidson releases third-quarter results Tuesday. A Harley model is on display at an event in Brazil this month. European Pressphoto Agency. Harley-Davidson Inc.'s "fatten the tail" strategy ...
| China Swap Rate Climbs as PBOC Suspends Cash Additions Bloomberg |
China's one-year interest-rate swap climbed for a fourth day as the central bank refrained from adding funds to the financial system. The People's Bank of China didn't sell reverse-repurchase or repurchase contracts today, according to a primary dealer ...
| Netflix Blames its Surging Stock Price on 'Euphoria' Wall Street Journal |
Netflix is one of the bounciest large companies on the Nasdaq, and for a business valued at almost $21 billion, its stock sure makes a lot of big jumps. Today, in anticipation of results due to be released after the close of the market, it rose by 6.5%. When those ...
| Small fire causes Delta flight to return to NY Wall Street Journal |
SYRACUSE, N.Y. — A small fire aboard a Delta Air Lines plane headed to Atlanta has forced it to return to Hancock International Airport in Syracuse. The Post-Standard in Syracuse reports (bit.ly/1cRl5m5) that just after Delta Flight 1841 took off from Syracuse ...
| Yahoo Again Tops Google in US Web Visitors in Sept ABC News |
For the third month in a row, more Americans visited Yahoo's websites than Google's, according to comScore Inc.'s Internet traffic data for September. The research firm said Monday that Yahoo Inc.'s websites had 197.8 million unique U.S. visitors last month, ...
|US airlines poised to report strong earnings for the third quarter Dallas Morning News|| |
| Yen Weakens on Trade Data as Oil Falls; Most Europe Stocks Gain San Francisco Chronicle |
Oct. 21 (Bloomberg) -- The yen weakened after Japan's exports trailed estimates, while oil fell below $100 a barrel for the first time since July. Most European stocks rose as earnings at Royal Philips NV and Akzo Nobel AG beat estimates and investors ...
| Business leaders urge Obama to approve Keystone XL permit Oil & Gas Journal |
Three major US business organizations sent a letter to US President Barack Obama urging him to approve the proposed Keystone XL crude oil pipeline's cross-border permit. The Oct. 9 letter was signed by 168 business leaders. "We are at an inflection point ...
| Closing Update: S&P 500, Nasdaq Composite Eke Out Small Gains But ... NASDAQ |
Stocks ended little changed today, drifting throughout much of the session ahead of the Labor Department tomorrow releasing a belated jobs report for September. The S&P 500 briefly rose to an all-time high early in the session while the Nasdaq Composite ...
| 5 Reasons Why The U.S. Should Lift The Embargo On Cuba Neon Tommy |
About a year into the Cuban Revolution of 1959, with continuously failing assassination attempts on Castro's life, the U.S. government initiated the economic embargo against Cuba. There was a three-step logic behind the embargo: damage the island's ...
| Bank of America faces more Countrywide probes FierceFinance |
JPMorgan Chase has nudged Bank of America off the front page when it comes to news about enforcement activity related to mortgage activity. Certainly, the news that JPMorgan Chase is willing to pay $13 billion to settle a wide array of mortgage sins was ...
| Big Board to test systems ahead of Twitter IPO FierceFinance |
It would be easy to overstate the importance of NYSE's big victory in the Twitter sweepstakes. It was big news when the social media giant decided to list on the Big Board, shunning the Nasdaq, the traditional home of big tech stocks. Of course, the NYSE has ...
| New Mac Pro desktops launched in India, available December from Rs. 2,29900 NDTV |
After teasing it at the WWDC, in June, Apple has finally unveiled the all-new Mac Pro computer. The Mac Pro features the latest Intel Xeon processors with up to 12 cores, dual workstation-class GPUs, six Thunderbolt 2 ports, PCIe-based flash storage and ...
| Why Starbucks wants to be Panera's Biggest Competitor DailyFinance |
Starbucks wants to eat Panera Bread's lunch. And why shouldn't the world's biggest coffee chain aspire to be more like Panera? After all, Panera has earned its place atop the fast-casual food chain by appealing to breakfast, lunch, and dinner crowds with its ...
| Google, eBay eye same-day delivery Yahoo!7 News |
Silicon Valley tech companies like to move fast and sometimes break things. Now they are trying to bring that high-speed innovation to the retail world and break the tradition of failed same-day delivery services. Five months after Google Inc unveiled an ...
| Lockheed Martin Corp. (LMT) to Release Earnings on Tuesday Ticker Report |
Lockheed Martin Corp. logo Lockheed Martin Corp. (NYSE:LMT) will be posting its Q313 quarterly earnings results on Tuesday, October 22nd. Analysts expect Lockheed Martin Corp. to post earnings of $2.26 per share and revenue of $11.15 billion for the ...
| Top 2013 Holiday Online Shopping Sites and Tips for Purchasing Children's Items American Live Wire |
The 2013 holidays are in sight and the wish lists are growing. Finding a moment to shop by yourself is a miracle of its own. If you w online-shop ere not one of the lucky ones to nab a sitter, you will be shopping with the whole clan in tow. I can already see the ...