Healthcare system wastes up to $800 billion a year
WASHINGTON (Reuters) - The U.S. healthcare system is just as wasteful as President Barack Obama says it is, and proposed reforms could be paid for by fixing some of the most obvious inefficiencies, preventing mistakes and fighting fraud, according to a Thomson Reuters report released on Monday.
Nations:Canada People:Barack Obama Charles Schumer Activities:2009 US Health Reform Source:(Reuters)
2009-10-26
Police: Madoff associate Jeffry Picower dies at 67
PALM BEACH, Fla. - Jeffry Picower, a Florida philanthropist alleged to have extracted billions from Bernard Madoff's investment scheme, drowned in his pool Sunday, police said. He was 67.
Nations:U.S. Activities:Madoff Fraud Case Source:(AP)
2009-10-25
Largest US sting on drug cartel arrests 300-plus
OKLAHOMA CITY - In the largest single strike at Mexican drug operations in the U.S., authorities arrested more than 300 people in a sting that demonstrates an upstart cartel's vast reach north of the border.
Nations:Mexico U.S. Source:(AP)
2009-10-22
Mass. man accused of plot to kill US politicians
BOSTON - A Massachusetts man and two friends tried and failed to get into terrorist training camps and then plotted to kill two prominent U.S. politicians and randomly shoot people at American shopping malls, authorities said Wednesday.
Nations:U.S. Pakistan Activities:U.S. War on Terror Source:(AP)
2009-10-21
Even as layoffs persist, some good jobs go begging
In a brutal job market, here's a task that might sound easy: Fill jobs in nursing, engineering and energy research that pay $55,000 to $60,000, plus benefits.
Nations:U.S. Activities:2008 U.S. Layoff Crisis Source:(AP)
2009-10-04
US income gap widens as poor take hit in recession
WASHINGTON - The recession has hit middle-income and poor families hardest, widening the economic gap between the richest and poorest Americans as rippling job layoffs ravaged household budgets.
Nations:U.S. People:Barack Obama Activities:2008 U.S. Recession Source:(AP)
2009-09-29
People playing the odds on health care over costs
NEW YORK - Call it a health care gamble: the decision by some people to opt out of health insurance, paying cash for routine care while playing the odds that an accident or catastrophic illness won't plunge them into financial ruin.
Nations:U.S. People:Max Baucus Barack Obama Activities:2009 US Health Reform Source:(AP)
2009-09-28
Risk-taking is back for banks 1 year after crisis
NEW YORK - A year after the financial system nearly collapsed, the nation's biggest banks are bigger and regaining their appetite for risk.
People:Timothy Geithner Vikram Pandit Activities:Global Financial Crisis
2009-09-13
Fed: consumers cut debt by record $21.6B in July
WASHINGTON - Consumers slashed their borrowing in July by the largest amount on record as job losses and uncertainty about the economic recovery prompted Americans to rein in their debt.
Activities:2008 U.S. Recession
2009-09-08
Obama says US still faces complex economic crisis
WASHINGTON - President Barack Obama says the country still faces a "vast and complex" economic crisis and is pledging to work with business and labor to make things better.
People:Barack Obama Timothy Geithner Activities:Obama Admin. 2008 U.S. Recession
2009-09-07
Europe fast-tracking swine flu vaccine
LONDON - In a drive to inoculate people against swine flu before winter, many European governments say they will fast-track the testing of a new flu vaccine, arousing concern among some experts about safety issues and proper vaccine doses.
Nations:U.K. Sweden France Greece Activities:2009 Swine Flu Source:(AP)
2009-07-26
Gates says it's time to 'move on' from his arrest
BOSTON - Black Harvard scholar Henry Louis Gates Jr. says he's ready to move on from his arrest by a white police officer, hoping to use the encounter to improve fairness in the criminal justice system and saying "in the end, this is not about me at all."
Nations:U.S. People:Barack Obama Source:(AP)
2009-07-26
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