"I feel like I've been robbed," one retired firefighter in Central Falls, R.I., says of the pension cut he received after the city filed for bankruptcy.» Read More
WASHINGTON, Nov 17- The top Democrat in the U.S. House of Representatives said on Sunday that her party would not abandon President Barack Obama's landmark healthcare reform law, despite unrelenting Republican opposition and emerging signs of market turmoil for consumers and health insurers.
California, Colorado, Florida, South Carolina, Ohio and Oregon said they would act on Obama's offer, announced on Thursday, to give a one-year extension to existing policies. Washington, Vermont and Rhode Island- all of which are running their own state-based insurance exchanges- said they would not.
California, Colorado, Florida, South Carolina, and Ohio said they would act on Obama's offer, announced on Thursday, to give a one-year extension to existing policies. Washington, Vermont and Rhode Island- all of which are running their own state-based insurance exchanges- said they would not.
The former Hurricane Sandy made landfall on the U.S. East Coast on the night of Oct. 29, 2012, killing 158 people in the United States as surging seawater inundated low-lying areas, mostly in New York, New Jersey and Connecticut.
SEASIDE PARK, N.J./ NEW YORK, Oct 29- A year after Superstorm Sandy inundated the East Coast with record flooding that left 159 people dead, residents of hard-hit New Jersey and New York shore communities still have a ways to go in rebuilding damaged homes.
SEASIDE PARK, N.J., Oct 29- A year after Superstorm Sandy inundated the East Coast with record flooding that left 159 people dead, residents of the hard-hit New Jersey shore still have a ways to go in rebuilding damaged communities.
NEW YORK, Oct 28- Federal officials on Monday unveiled plans for a second round of Superstorm Sandy disaster relief totaling $5 billion for five states and New York City, and they pledged that the pace of spending would pick up after a slow start.
NEW YORK, Oct 24- British bank Royal Bank of Scotland is expected to name Morgan Stanley as the lead underwriter for a proposed initial public offering of its U.S. subsidiary, Citizens Financial Group Inc, according to people familiar with the matter.
*Cuts full-year profit forecast to $1.75- $1.85/ share. Oct 18- Cessna maker Textron Inc's profit fell 31 percent in the third quarter and the company warned on business jet deliveries in 2013 as small business owners delay spending. The company lowered its full-year profit forecast to $1.75- $1.85 per share from $1.90- $2.10.
Oct 18- Cessna maker Textron Inc reported a 31 percent fall in quarterly profit from continuing operations due to sluggish sales of its jets as small business owners delay spending in an uncertain U.S. economy. Textron, the world's largest maker of business aircraft, also cut its full-year profit forecast to $1.75- $1.85 per share from $1.90- $2.10.
WASHINGTON/ NEW YORK, Oct 3- Americans trying to find out how much health coverage will cost under Obamacare endured a third day of limited access to new online health insurance exchanges on Thursday, leading to a growing backlog of people waiting to enter the system.
*Cancels games in cities including Barcelona, Munich. The sports cable network owned by Walt Disney Co will be cutting an unspecified number of jobs related to the International X Games, which took place in cities including Barcelona, Munich, Foz do Iguaçu, Brazil and Tignes, France.
Sept 19- Detroit, Chicago and three other U.S. cities fell into financial distress for a variety of reasons, according to analyses of financial data released on Thursday.
New York- based Univision was taken private by a group of buyout firms including Madison Dearborn Partners, Providence Equity Partners, TPG Capital and Thomas H. Lee Partners for $12.3 billion in March 2007.
Sept 12- Entergy Corp, which is shutting down its Vermont Yankee reactor, plans to keep its five remaining merchant nuclear power plants in service, a top executive told Reuters.
Aug 31- Ford Motor Co is recalling about 370,000 model year 2005 to 2011 Ford Crown Victoria, Mercury Grand Marquis and Lincoln Town Car sedans in the United States and Canada to fix a steering shaft issue, the company said in a statement.
*Funds from Rhode Island and Oregon send letters over fees. NEW YORK, Aug 30- Some U.S. public pension funds are pressuring TPG Capital LP and Apollo Global Management LLC to share more of the fees they withdraw from loss-making casino operator Caesars Entertainment Corp, in a rare display of activism against private equity firms.
Due to a combo of taxes on ordinary income, pensions, real estate, inherited property and estates, these 10 states can best be described as hostile territory for seniors.
WASHINGTON, Aug 13- Phyllis Kennedy is facing a bleak future. Kennedy, 57, from Little Falls, New Jersey, had her $380 weekly unemployment check cut by $85 at the end of June. Thousands of miles away in Las Vegas, John Payne is also reeling from benefit cuts, which reduced his weekly check by a third to about $250.
FRANKFURT, July 25- Publisher Axel Springer struck a 920 million euro deal to sell a clutch of Germany's best-known newspaper and magazines, building up a potential war chest to bid for online classified advertising business Scout24.