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White House Report Says Insurers Doing Well, Increasing ACA Subsidy Doubts

White House Report Says Insurers Doing Well, Increasing ACA Subsidy Doubts

Health insurers have largely adjusted to the impact of the 2010 Affordable Care Act, the White House will say in an economic report Wednesday, a finding that will likely undercut lawmakers’ efforts to secure federal funds to blunt potential premium increases for the coming year.

Published 4 months ago

Senate to Approve Bill Limiting Immunity for Internet Firms in Sex-Trafficking Cases

Senate to Approve Bill Limiting Immunity for Internet Firms in Sex-Trafficking Cases

The Senate is expected to give final approval today to landmark legislation aimed at curbing online sex trafficking by limiting federal immunity for internet platforms.

Published 4 months ago

Why Homemade Bombs Are Easy to Make and Hard to Trace

Why Homemade Bombs Are Easy to Make and Hard to Trace

While no specifics on the materials used in the Austin explosions have been released, experts said it’s not hard for would-be bomb makers to buy the necessary materials, and figure out how to construct an explosive device.

Published 4 months ago

Terrorism Case Highlights Risk of Returning Fighters Funding ISIS

Terrorism Case Highlights Risk of Returning Fighters Funding ISIS

Authorities believe some militants returning to Europe could raise money to help Islamic State replenish its depleted coffers and potentially fund terrorist attacks by others.

Published 4 months ago

BofA Dials Back on Some Stock Loans After $292 Million Loss

BofA Dials Back on Some Stock Loans After $292 Million Loss

Bank of America has wrapped up its internal review of its $292 million loss involving troubled South African firm Steinhoff and dialed back its appetite for the type of stock-based loan that caused the loss.

Published 4 months ago

Blackstone co-founder Pete Peterson dies at age 91

Blackstone co-founder Pete Peterson dies at age 91

Business executive also served as commerce secretary under President Richard Nixon

Published 1 second ago

Berlusconi balks at unfamiliar junior role as League calls tune

Berlusconi balks at unfamiliar junior role as League calls tune

Centre-right’s divisions add to complexity of forming stable government in Italy

Published 1 second ago

US ire prompts Latvia to root out systemic failures on banking

US ire prompts Latvia to root out systemic failures on banking

Concerns go beyond conduct of specific lenders in system where laundering seen as rife

Published 1 second ago

German Mittelstand faces generational crisis

German Mittelstand faces generational crisis

About 100,000 entrepreneurs due to retire in next 2 years yet to find successors

Published 1 second ago

Chinese energy group woes cast shadow on Moscow-Beijing ties

Chinese energy group woes cast shadow on Moscow-Beijing ties

Uncertainty over Rosneft-CEFC deal after Ye detention will have a political dimension

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Should the Big Four accountancy firms be split up?

Should the Big Four accountancy firms be split up?

Two experts debate how best to reform auditing

Published 1 second ago

Egypt: Abdel Fattah al-Sisi tightens grip on power ahead of election

Egypt: Abdel Fattah al-Sisi tightens grip on power ahead of election

The military chief turned president has stabilised the country but, say critics, also created an increasingly oppressive regime

Published 1 second ago

Congress Inches Closer to Budget Deal, Lawmakers Say

Congress Inches Closer to Budget Deal, Lawmakers Say

Lawmakers said they were inching closer to a deal to fund the government until October but struggled to wrap up negotiations, leaving them little time to pass the legislation before current funding expires at week’s end.

Published 4 months ago

Trump Greets Visiting Saudi Prince with a Crowded Agenda

Trump Greets Visiting Saudi Prince with a Crowded Agenda

President Donald Trump hailed Saudi Arabia as a “great friend” as he welcomed its visiting Crown Prince Mohammed bin Salman to the Oval Office for meetings on strengthening ties between the two countries and combating Iran’s influence in the Middle East.

Published 4 months ago