Judge dismisses Missouri Medicaid lawsuit

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. […]

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Buy American revision reopens threat to Canadian economy

WASHINGTON

Learn what faxless payday loans are and how online payday loans can be used as a quick fix to pay off your bills.

Republicans add another tax plan to the mix

Everyone has a tax plan. President Obama has one. So do Mitt Romney, Rick Santorum, Ron Paul and Newt Gingrich.
And on Tuesday, House Republicans added yet another proposal to the mix.

The plan, designed by Reps. Dave Camp and Paul Ryan, mostly builds on their budget from last year, but it joins an already crowded […]

Oil near $106 as US denies plan to release crude

Oil prices rose to near $106 a barrel Friday in Asia after the U.S. denied reports it and Britain plan to release some their strategic crude reserves.
Benchmark oil for April delivery was up 45 cents to $105.56 in electronic trading on the New York Mercantile Exchange. The contract fell 32 cents to settle at $105.11 […]

Greece reaches deal on austerity

Greek political leaders agreed to a package of austerity reforms Thursday, marking the first step toward securing much-needed bailout funds.
Greek Prime Minister Lucas Papademos said in a statement that there was "general agreement" on measures aimed at cutting public spending.

The reforms are a precondition for Greece to receive a second bailout worth €130 billion […]

Fed Needs Clear Low-Rate Pledge or

Federal Reserve Bank of Chicago President Charles Evans said the central bank needs a clear low- rate commitment or a third round of purchases of Treasuries and mortgage bonds to further stimulate a still struggling economy.
People outside the Fed have

Slightly more people seek unemployment benefits

The number of people seeking unemployment benefits ticked up slightly last week after two months of steady declines.
But the increase isn’t enough to reverse the downward trend. The four-week average of applications, a less volatile measure, fell to its lowest level since April. The decline in the average signals that companies are laying off fewer […]

Ask the expert: Gary Fischer, Ross & Baruzzini

What is a lean health care project, and what is its most important ingredient?
Lean health care construction projects are, by their nature, fast-track and don’t leave room for redesign. Under such projects, contractors order materials and begin construction while the design is being completed. Redesign can lead directly to cost increases. Poor starts in design […]

Centene stock soars after company posts higher profits

Shares of Centene Corp. stock rose 9 percent today in the wake of an earnings report that showed the Clayton-based firm had corralled additional revenue from managing health care services for the poor.
By 3 p.m., Centene was selling for about $31.77 per share, up from $29.07 at Monday’s close of the New York Stock Exchange.
Increased premium and service revenues helped […]

Iraq reaps $116 million from former Saddam aide

Iraq’s government says it has retrieved $116 million from French bank accounts that were registered to a former official in Saddam Hussein’s regime.
A statement by the Iraqi Integrity Commission says the recovered money includes $106 million from an account with UBAF bank and $10 million in accounts scattered across several other banks in France.
The statement […]