These box office numbers do not include the cost of production or marketing costs. They also don't count the billions in merchandising that Disney has made over the last...Entertainmentread more
Stocks in Asia traded lower on Monday morning, as investors await the start of a Nasdaq-style technology board on the Shanghai Stock Exchange.Asia Marketsread more
Instagram began tests that hide "like" counts on posts. That means influencers who market products on Instagram will have to rely on different metrics to show success.Technologyread more
Peter Neupert worked for Microsoft and Amazon-backed Drugstore.com, where he got to know Jeff Bezos. He now advises start-ups.Technologyread more
Last week shows that oil prices are not the indicator for Middle East tensions they once were, and worries about global demand and growing U.S. production has changed that...Market Insiderread more
The firing of the tear gas was the latest confrontation between police and protesters who have taken to the streets for over a month to fight a proposed extradition bill and...China Politicsread more
Facebook Vice President David Marcus is the face of the company's Libra digital currency, but the original driving force was a 26-year-old female corporate-development...Technologyread more
Amazon's new policy for account suspensions doesn't go far enough to protect sellers from potentially unfair and wrongful suspensions, merchants say.Technologyread more
There is no end in sight to the Boeing 737 Max grounding after two fatal crashes, prompting airlines to rethink their growth plans.Airlinesread more
Gluskin Sheff's David Rosenberg is painting a painful picture for stocks as earnings season goes into full gear.Futures Nowread more
After a year of flooding, Midwest farmers face a stifling heat wave that's spreading across the U.S.Weather & Natural Disastersread more
President Donald Trump believes Senate Republicans will "get at least very close" to passing an Obamacare replacement — and the results will be "so good" if they do.
In two public appearances Wednesday, he predicted a "big surprise" on health care a day after the Senate GOP delayed voting on its bill amid opposition from several members.
Trump said that gathering support is "never easy." He added that senators are taking "a little bit more time" to make the bill "perfect" after GOP senators raised concerns with various parts of the proposal.
"We need almost all of [the Republican senators]. That's never easy. … I think we're going to get at least very close and I think we're going to get it over the line. There was a great, great feeling in that room yesterday," Trump said about his Tuesday meeting with GOP senators.
Trump spoke about health care Wednesday once while at a White House energy meeting with governors and tribal leaders, and later as he met players from the World Series-winning Chicago Cubs.
The GOP faced defections from both its moderate and conservative wings as Senate Majority Leader Mitch McConnell pushed for a vote before July 4. Moderates want to blunt the effects of a Medicaid expansion rollback, curb the number of people the plan leaves uninsured and get more help with the opioid crisis. Conservatives want it to go further toward a full Obamacare repeal.
McConnell hopes to strike a deal on a revised version of the bill by Friday and send it to the Congressional Budget Office, according to The Washington Post. But resolving lingering differences could prove difficult in the short window.
Republicans face difficulties in winning over skeptical senators, as tweaks to appease conservatives could alienate moderates, or vice versa.The hurdles threaten to delay a key plank of the sweeping agenda Republicans hoped to pass when Trump won the White House and the GOP held onto both chambers of Congress.
Amid Republicans' push to win over skeptical senators, Trump set some lofty goals for the bill Wednesday.
"I think this has a chance to be a great health care at a reasonable cost. People can save a lot of money. We get rid of the mandates, we get rid of so much. Got rid of a lot of taxes. All the bad parts of Obamacare are gone. Essentially, it's a repeal and replace," Trump said.
A CBO score of the existing bill shows a mixed bag on those counts. It estimated that the bill would lead to 22 million more uninsured Americans by 2026 than under current law, a figure that multiple moderates criticized.
Average premiums would fall by about 20 percent relative to current law by 2026. But out-of-pocket costs could rise for many consumers "because nongroup insurance would pay for a smaller average share of benefits under this legislation," the CBO said.
The Senate plan would lead to an estimated $321 billion in deficit reduction from 2017 to 2026, according to the office.
The bill has received dismal approval ratings in polling so far. In addition, most major medical groups have opposed the proposal.
As Republican leaders pushed to strike a deal on the plan, some GOP senators increased their calls to figure out a bipartisan solution for Obamacare's problems. Sen. Lindsey Graham, R-S.C., told NBC News that if the GOP does not reach a deal by Friday, it may be time to start seeking a bipartisan solution.
Moderate Sens. Susan Collins, R-Maine, and Lisa Murkowski, R-Alaska, are among the other GOP senators who have said they would be open to a bipartisan solution.
On Tuesday, McConnell indicated that he did not see that as a possibility yet. He said of Democrats: "They're not interested in participating in this."