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A state court judge dismissed a lawsuit today that Molina Healthcare had filed in hopes of halting Missouri’s recent award of $1.1 billion in manged care contracts.
Molina, a losing bidder on the contracts, had accused state officials of violating Missouri’s competitive bidding law in awarding the Medicaid contracts on Feb. 17 to Clayton-based Centene Corp. […]
Filed under: homeowners, online by Finance Boss
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Switzerland’s tax disputes with the United States and some European nations are “an economic war” putting 20,000 jobs at risk, the CEO of Swiss banking giant UBS AG has been quoted as saying.
Switzerland has recently tried to shed its image as a tax haven, signing deals with the United States, Germany and Britain to provide […]
Filed under: Uncategorized, homeowners by Finance Boss
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Molina Healthcare of Missouri plans to lay off 119 employees by June 1, according to a notice filed with the state’s Department of Economic Development.
The planned layoffs follow the company’s loss of managed care contracts for Medicaid patients.
Molina, a losing bidder, has an office in Creve Coeur. The company has filed a lawsuit against the […]
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The pace of growth in manufacturing picked up last month, but construction spending saw its largest drop in seven months in February, pointing to an economy that is healing gradually.
The Institute for Supply Management (ISM) said its index of national factory activity rose to 53.4 from 52.4 in February, topping economists’ expectations of 53.0.
It […]
Filed under: Small Business, homeowners by Finance Boss
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Euro-area governments agreed to cap overall rescue lending at 800 billion euros ($1.1 trillion), rejecting calls for even bigger defenses against the debt crisis, Austrian Finance Minister Maria Fekter said.
Some 300 billion euros in already pledged loans will go along with 500 billion euros in the planned permanent rescue fund to build the backstop, […]
Filed under: Small Business, homeowners by Finance Boss
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A measure of future economic growth edged up last week to hold a seven-month high, while the annualized growth rate also improved, a research group said on Friday.
The Economic Cycle Research Institute, a New York-based independent forecasting group, said its Weekly Leading Index rose to 125.7 in the week ended March 16 from a […]
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Hiring remained strong in February, fueling optimism about the recovery.
Employers added 227,000 jobs in February, the Labor Department reported Friday. While that’s a pinch slower than in January, hiring was still better than economists had expected.
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Filed under: Loans, homeowners by Finance Boss
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The Obama administration will release details tomorrow on its proposal to reduce the 35 percent corporate tax rate and eliminate tax breaks, said administration officials familiar with the plan.
The Treasury Department will outline the proposal, according to the officials, who briefed reporters on condition of anonymity. They didn
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A Chicago zoo is mounting a campaign to stop a company from airing a Super Bowl Sunday commercial featuring mischievous suit-and-tie wearing chimpanzees playing tricks on their human co-worker, saying all that monkey business proves deadly for the endangered species.
Lincoln Park Zoo officials fear images of the frolicking chimps broadcast worldwide do little to help […]
Filed under: Loans, homeowners by Finance Boss
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