Some Individual Policies Offer A Way To Shrink Deductibles
May 21, 2013 at 3:13 AM by AHN · Leave a Comment
There is no free lunch. As more people buy high-deductible health plans, they’re discovering that while premiums for such plans are more affordable, the trade-off can be high out-of-pocket costs before coverage kicks in. However, some plans sold on the individual market offer a way for healthy people to shrink their deductibles. Under these so-called deductible-credit plans, the deductible di...
Read More...Tornadoes hit 2 elementary schools in Oklahoma City, cause widespread destruction
May 21, 2013 at 1:45 AM by AHN · Leave a Comment
A series of powerful tornadoes Monday hit Oklahoma City, leveling every thing that came into their way from elementary schools to residential apartments. According to a local television station KFOR, rescue workers pulled out kids as young as nine-year-olds from a school in Moore in south of Oklahoma’s state capital where tornadoes caused widespread destruction. In a KFOR report, series o...
Read More...Campbell Soup posts higher-than-estimate Q1 profit, raises full-year outlook
May 20, 2013 at 5:07 PM by AHN · Leave a Comment
Campbell Soup announced on Monday a better-than-predicted profit in the third quarter and upped its outlook for the full year that is higher than analysts’ estimates as its core soup business posted a strong performance in its North American market. The Camden, N.J.-based food company said its earnings grew 2.3 percent for the quarter ended April 28, which is once again in line with the compa...
Read More...United Airlines makes first flight of Boeing Dreamliner after grounding
May 20, 2013 at 4:45 PM by AHN · Leave a Comment
United Airlines launched its first commercial flight of a Boeing 787 Dreamliner on Monday, four months after the aircraft was grounded due to battery issues. The flight between two of UAL’s hubs in Houston and Chicago took two hours and twenty minutes and it saw UAL CEO Jeff Smisek and Boeing Chief Executive Jim McNerney flying in economy class.The flight also had 162 passengers, according t...
Read More...How Will The ‘Unbanked’ Buy Insurance On The Exchanges?
May 20, 2013 at 2:34 PM by AHN · Leave a Comment
When movie stars become unbankable, they’re no longer a slam dunk at the box office. When investments become unbankable, they’re relegated to the junk pile. For ordinary Americans deemed unbankable, those who don’t have a traditional checking or savings account, it can be hard to simply pay bills. And that is about to become a big problem for those who also lack health coverage ...
Read More...Actavis plans purchase of Warner Chilcott for $5B
May 20, 2013 at 1:32 PM by AHN · Leave a Comment
Generic-drug maker Actavis Inc. said it will buy prescription health-care and dermatology products maker Warner Chilcott PLC in a stock swap deal worth $5bn. The move comes after merger talks between Actavis and Valeant Pharmaceuticals fell through in April. Following the failed transaction, Actavis then focused its attention on Warner Chilcott while rejecting proposals from large drug firms like M...
Read More...Analysts Observe “Crazy Trends” in Gas Prices
May 20, 2013 at 11:20 AM by Gant Team · Leave a Comment
PENNSYLVANIA – Average retail gasoline prices in Pennsylvania have risen 1.5 cents per gallon in the past week, averaging $3.47 per gallon yesterday, according to GasBuddy’s daily survey of 5,269 gas outlets in Pennsylvania. This compares with the national average that has increased 8.9 cents per gallon in the last week to $3.67 per gallon, according to gasoline price Web site GasBuddy.com. Including...
Read More...Congressmen to Hagel: Where Are the Missing War Records?
May 20, 2013 at 10:33 AM by AHN · Leave a Comment
by Peter Sleeth, Special to ProPublica The top Republican and Democrat on the House Committee on Veterans’ Affairs are demanding more details from defense Secretary Chuck Hagel about lost Army field records from the wars in Afghanistan and Iraq, the subject of a ProPublica investigation last year. In an unusually detailed letter sent Friday to Hagel, Reps. Jeff Miller, R-Fla., and Michael Micha...
Read More...Chinese army resumes hacking U.S. sites
May 20, 2013 at 8:40 AM by AHN · Leave a Comment
The Chinese army’s team of hackers has resumed attacks on U.S. websites using different servers, according to two private cyber security firms and senior government officials. Mandiant and Crowdstrike, which track the Chinese hacking group dubbed Unit 61398, said Friday that the previous victims of the hacking were again being targeted, but did not reveal the names of the companies and government...
Read More...Goldman Sachs seeks to offload remaining stake in China’s ICBC
May 20, 2013 at 8:39 AM by AHN · Leave a Comment
Goldman Sachs Group Inc. is planning to sell its $1.1bn stake in Industrial & Commercial Bank of China (ICBC) Ltd. seeking to end its seven-year investment in the world’s biggest lender by market value, according to a source familiar with the matter. Completion of the current deal would mean Goldman will lose all its stake in ICBC, according to a person with knowledge of the matter. I...
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