S&P finishes the worst week of 2012

Diane Alter – AHN News Reporter New York City, NY, United States (AHN) – U.S. stocks tumbled Friday following a report from the Labor Department that revealed employers added fewer than expected jobs in April. The closely watched April jobs reports showed that 115,000 jobs were added in April, substantially less than the forecast of [...]

U.S. markets falter Friday on jobs report

Diane Alter – AHN News Reporter New York, NY, United States (AHN) – A disappointing report Friday from the Labor Department sent stocks lower on the open Friday. Just after the opening bell on Wall Street, the Dow Jones Industrial Average lost 88 points, the Standard & Poor’s 500 Index fell 11 points and the [...]

Analysis: ACOs could have the Medicare muscle to transform health system

Washington, D.C., United States (KaiserHealth) – A radical change just getting underway in the U.S. health system could transform how medical treatment has been paid for since Hippocrates made his first house call. But the new payment method faces conflicting dangers: either it won’t be strong enough to upend entrenched incentives or it will be [...]

Analysis: ACOs could have the Medicare muscle to transform health system

Washington, D.C., United States (KaiserHealth) – A radical change just getting underway in the U.S. health system could transform how medical treatment has been paid for since Hippocrates made his first house call. But the new payment method faces conflicting dangers: either it won’t be strong enough to upend entrenched incentives or it will be [...]

Analysis: ACOs could have the Medicare muscle to transform health system

Washington, D.C., United States (KaiserHealth) – A radical change just getting underway in the U.S. health system could transform how medical treatment has been paid for since Hippocrates made his first house call. But the new payment method faces conflicting dangers: either it won’t be strong enough to upend entrenched incentives or it will be [...]

Stocks sink Wednesday on weak jobs report

Diane Alter – AHN News Reporter New York, NY, United States (AHN) – U.S. stocks fell on the open Wednesday following a weaker-than-expected jobs report. Just after the opening bell on Wall Street, the Dow Jones Industrial Average fell 44 points, the Standard & Poor’s 500 Index dropped 7 points and the NASDAQ dipped 17. [...]

Occupy’s May Day protests have slow and wet start

Diane Alter – AHN News Reporter New York City, NY, United States (AHN) – Occupy Wall Street put out the call Tuesday for a general strike to mark International Workers Day. The movement got off to a slow and soggy start with meager gatherings dotted around a rain soaked New York City, but things picked [...]

Australian billionare to build Titanic II

Diane Alter – AHN News Reporter Australia (AHN) – The fascination with the Titanic continues. Eccentric Australian mining billionaire Clive Palmer is preparing to build the Titanic II and sail its maiden voyage from England to New York by the end of 2016. The replica of the ill-fated ship will be constructed at a Chinese [...]

Costco to offer mortgages

Diane Alter – AHN News Reporter New York, NY, United States (AHN) – Milk, bananas, bread, paper towels, mortgages. Yup, add mortgages to your Costco shopping list. It’s true; the USA’s largest warehouse membership chain now offers mortgages. After a year of testing the waters, Costco is launching a full service mortgage lending program on [...]

Exxon earnings fall by same percentage that Shell profits rise

Linda Young – AHN News Writer New York, NY, United States (AHN) – US oil giant Exxon saw its oil production and profits fall during the first quarter of the year while Royal Dutch Shell reported an increase in profits because strong demand kept prices high. Exxon reported its profits fell by 11 percent to [...]

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