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Archive May/2008


Durable goods show strength in many areas

WASHINGTON - Orders to U.S. factories for big-ticket items besides autos and airplanes showed surprising strength in April, raising hopes that manufacturing can help the economy shake off the slumping

Many Baby Boomers Incorrectly Believe They Are Protected Against The Risk Of Disability

Many baby boomers incorrectly believe they have disability income protection, according to a new survey conducted by Harris Interactive® on behalf of America's Health Insurance Plans (AHIP). Most say that

Florida Governor Signs Health Care Bill That Allows Insurers To Sell Bare-Bones Health Plans

Florida Gov. Charlie Crist (R) on Wednesday signed into law a bill that will allow the sale of low-cost, bare-bones health insurance policies, the New York Times reports (Sack, New

Vermont Gov. Douglas Signs Bill Mandating Setting $25 Copay Limit For Mammograms

Vermont Gov. Jim Douglas (R) on Tuesday signed a bill into law that will require insurance providers in the state to charge no more than a $25 copayment for mammograms,

California Insurance Department Encouraging Residents To Use Online Personal Health Records

Not enough California residents are using online personal health records offered by insurers and managed care groups in the state, according to a report released on Tuesday by the state

Tap-In Launches In Atlanta - Area Program Looks To Recruit Retired Medical Professionals, Respond To Uninsured

As the number of uninsured in Georgia reaches 1.7 million residents, and 46 million nation-wide, the demand for free health clinic services that rely on healthcare professionals to donate their

US home prices fall at record pace

An index of house prices has fallen 14.1 per cent for the first quarter compared with the same period last year, a trend that could prolong the economic slowdown and

Bauer named new chief at Infineon

Infineon named Peter Bauer the new chief executive and announced the departure of Wolfgang Ziebart, the incumbent, effective June 1. Mr Bauer will lead a new programme to raise margins

Recession still likely in US, says Greenspan

The US is still more likely than not to have a recession in spite of the relative stabilisation in the economy in recent weeks, Alan Greenspan has told the Financial

Blackstone and Apollo in talks with Chemtura

Blackstone Group and Apollo Management, the private equity groups, are in talks to buy Chemtura, a manufacturer and marketer of speciality chemicals