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Breaking News Wed, 10 Mar 2010
People line up at the Anaheim Orange County Job Fair and Expo, Wednesday, June 3, 2009 in Anaheim, Calif.
(photo: AP / Nick Ut)
Highlights of Senate jobless aid bill
The Boston Globe
| Highlights of Senate legislation extending unemployment insurance and expired tax breaks: | --Tax relief: Extends through 2010 a variety of popular tax breaks that expired at the end of 2009, including an individual income tax deduction for sales and property taxes, and a business tax credit for r...
A Eurostar train enters the Channel Tunnel in Calais, northern France, in this Nov. 21, 1996 file photo. Anglo-French tunnel operator Eurotunnel reported a euro1.89 billion (US$2.36 billion) net loss in 2003 on Monday, Feb. 9, 2004 and said it had appealed to the French and British governments to allow for a rate cut to help boost traffic.
(photo: AP / Michel Spingler, file)
Eurotunnel Ekes Out Profit for 2009 Despite Disasters
The New York Times
| PARIS — Eurotunnel Group said Tuesday that it managed to make a profit in 2009, despite lingering repercussions from a 2008 fire and the disastrous breakdown of Eurostar trains at the height of the year-end travel season. | Net profit fell 96 percent from a year earlier to €1.4 million,...
Health and Life Insurers Grapple With Climate Effects
The New York Times
| Biting bugs are buzzing northward and asthma has spread like a dust cloud, but there are deep divisions about how concerned health and life insurers should be about disease and death caused by climate change. | So far, this corner of the massive in...
Health Insurance Industry Defends Massive Profits... Complains It Is Being 'Vilified'
Newsvine
| Insurers have responded to the administration's campaign against recent rate hikes by blaming increasing health care costs, provider cost increases and adverse selection (healthier Americans are dropping coverage) for their premium increases. To he...
Swiss Re Puts Chile Quake Insurance Cost at $4-7BN
The New York Times
| Filed at 8:00 a.m. ET | GENEVA (AP) -- Swiss Reinsurance Co. said Wednesday that the strong earthquake in Chile last month will cost the insurance industry $4-7 billion, an estimate shared by its Germany-based rival Munich Re AG. | Swiss Re said it...
Highlights of Senate jobless aid bill
The Boston Globe
| Highlights of Senate legislation extending unemployment insurance and expired tax breaks: | --Tax relief: Extends through 2010 a variety of popular tax breaks that expired at the end of 2009, including an individual income tax deduction for sales a...
Settlements over dropped insurance lanquish
San Fransisco Chronicle
| A state committee is questioning why so few California consumers are taking advantage of settlements reached between state regulators and health insurers over the controversial industry practice of dropping coverage of members after they got sick. ...
Gov. Deval Patrick’s call to cap costs called unfair to insurers
Boston Herald
| Gov. will go to bat today for his controversial plan to impose price caps on health-care costs amid concerns he’s cracking down too hard on insurers and not enough on medical providers. | Patrick will appear before a joint meeting of two legi...
President Barack Obama is seen at Lehigh Carbon Community College in Schnecksville, Pa., Friday, Dec. 4, 2009.
AP / Matt Rourke
Obama trains his guns on health insurance companies
Samachaar
Washington: Facing a tough legislative battle to push healthcare reforms, his key domestic priority, an aggressive President Barack Obama has trained his guns on private health ins...
President Barack Obama speaks about health care reform, Monday, March 8, 2010, at Arcadia University in Glenside, Pa.
AP / Charles Dharapak
State Insurance Experts See Flaw in Obama's Plan to Curb Health Premiums
The New York Times
| WASHINGTON — At the heart of President Obama’s drive to rein in health costs is a proposal for federal review and regulation of health insurance premiums, with a new ...
President Barack Obama, seated to the right of first lady Michelle Obama, attends an International Women's Day reception in the East Room of the White House, Monday, March 8, 2010, in Washington.
AP / Haraz N. Ghanbari
Obama targets insurers, sells reform plan
The Star
| WASHINGTON (Reuters) - President Barack Obama launched a sharp attack on health insurers on Monday and called on his fellow Democrats to rise above politics and pass a healthcare...
ALICO Building, Waco, TX
Creative Commons / Rachel Smith
AIG sells Alico for US$15.5b
Hong Kong Standard
American International Group is selling its foreign life insurance unit to MetLife for about US$15.5 billion (HK$120.9 billion), its second major asset sale in a week as it raises ...
Senate rejects health insurance changes
The Daily Telegraph Australia
| THE Federal Government has attacked the Opposition for rejecting its private health insurance changes, saying it will now be tougher to return the Budget to surplus. | The Senate has knocked back the Government's plan to means test the 30 per cent ...
Eurotunnel Ekes Out Profit for 2009 Despite Disasters
The New York Times
| PARIS — Eurotunnel Group said Tuesday that it managed to make a profit in 2009, despite lingering repercussions from a 2008 fire and the disastrous breakdown of Eurostar trains at the height of the year-end travel season. | Net profit fell 96...
Worse Than Sand: Progressive Congressman Kucinich says 'You're Building on a Foundation of Private Insurance' ...
Newsvine
| Liberal Democratic will not vote Yes on Obama's health care Plan | says it Sucks | ...
Union, Other Healthcare Bill Supporters 'Arrest' Health Insurance Leaders
KDVR
In a reverse twist on the old protestors' tactic of getting arrested to make a point, union leaders and other backers of President Obama's healthcare plan issued "citizen's arrest" warrants for health insurance executives Tuesday – accusing the...
Sports
Liverpool's manager Rafael Benitez arrives for the 19th memorial of the Hillsborough Stadium disaster inside Anfield Stadium, Liverpool, England, Tuesday April 15, 2008.
(photo: AP / Paul Thomas)
Benitez leaps to Gerrard defence
IC Newcastle
11:45, Mar 10 2010 |   | Liverpool manager Rafael Benitez has defended Steven Gerrard following allegations the midfielder made a V sign towards referee Andre Marriner during the defeat by Wigan. | Benitez said after the game he had not seen the incident and after reviewing it on video believes there is no case to answer. | "Sometimes you move...
Business
A cargo ship loaded with containers disembarks from the Tianjin Port in China, March 4, 2009. China says the decline in its exports accelerated in February as a slump in global demand worsened, adding to pressure on China to pump up its economy with a massive stimulu
(photo: AP / Andy Wong)
China's Exports Rise 46%
The New York Times
| BEIJING —China announced Wednesday that its exports climbed 46 percent in February from a year earlier. Economists said the data signaled a rebound in consumer demand from the United States and other Western markets after the financial crisis last year. | It was the third consecutive month of increases in Chinese exports and the fastest gro...



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