Hot finance and business news.
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
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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 […]
Learn what faxless payday loans are and how online payday loans can be used as a quick fix to pay off your bills.
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 […]
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 […]
Filed under: Uncategorized, online by Finance Boss
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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 […]
Filed under: Small Business, online by Finance Boss
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This is fairy tale land and there’s even a pot of gold buried beneath it.
But not everyone’s happy.
With the precious metal at an all-time high, a Canadian company is eager to start blasting out mountains and demolishing parts of the ancient Romanian town of Rosia Montana to build an open-cast mine where 300 tons of […]
An alliance of Missouri health care providers implored the state on Friday to “immediately terminate” a contractor they say has failed to deliver vital services to Missouri’s Medicaid recipients.
In a letter to state budget director Linda Luebbering, the advocates charge that SynCare LLC has mismanaged the contract from the moment it was hired in May. […]
Filed under: online, technology by Finance Boss
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Deere & Co. says third-quarter net income jumped 15 percent and it’s boosting its sales outlook for the year with global demand for its green and gold equipment remaining strong.
Deere said Wednesday that it generated $712.3 million, or $1.69 per share, in the quarter that ended July 31. That’s up from $617 million, or $1.44 […]
Most of the nation’s largest metropolitan areas are seeing a sharp drop in foreclosure activity as banks take longer to move against homeowners who are behind on their mortgage payments.
In the first half of this year, 84 percent of metropolitan areas with a population of at least 200,000 saw their foreclosure rate drop versus the […]
Filed under: management, online by Finance Boss
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James Murdoch has been contradicted over testimony in which he claimed to have been unaware of a critical piece of evidence in Britain’s phone hacking scandal.
Murdoch was quizzed by parliamentarians earlier this week over an email dating back several years which suggested that other journalists at his company were involved in the campaign of illegal […]