Insurers Suspend the Marketing of Some Medicare Plans
Date: 16 June 2007
By Bloomberg News
Bloomberg News
The insurers suspended the marketing after complaints that unscrupulous agents were duping elderly Americans into buying the coverage.
Replay venerdì 15 giugno 2007
Il 15 giugno 2007 era una venerdì sotto il segno zodiacale del ♊. Era il 165 ° giorno dell'anno. Il presidente degli Stati Uniti era George W. Bush.
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15th of June 2007 News
Notizie come è apparso sulla prima pagina del New York Times il 15 giugno 2007
Suitor for Midwest Air Wins Board Seats
Date: 15 June 2007
By Bloomberg News
Bloomberg News
Shareholders of the Midwest Air Group elected three directors backed by a hostile suitor, AirTran Holdings, increasing pressure on Midwest’s board to consider AirTran’s $389 million takeover offer for the airline.
House Agreement Ends Impasse Over Lawmakers’ Pet Projects
Date: 15 June 2007
By Bloomberg News
Bloomberg News
Democrats and Republicans in the House reached agreement Thursday night on how to handle the lawmaker pet projects known as “earmarks.”
Guilty Plea Entered in Tax Shelter Case
Date: 15 June 2007
By Bloomberg News
Bloomberg News
A former employee of the accounting firm Ernst & Young pleaded guilty to conspiracy to commit tax fraud, a month after similar charges were filed against four current and former employees of the firm.
Good News on Math
Date: 15 June 2007
New York City students showed gains in every grade tested and outpaced students in most other of the state’s big cities.
London Journal: At ‘Fidelio,’ the News Was on the Podium
Date: 15 June 2007
By The New York Times
As a production at Covent Garden confirmed, the conductor Antonio Pappano, 47, increasingly seems one of the most significant musicians of his generation.
Switzerland: Big Rail Tunnel Opens
Date: 16 June 2007
By Bloomberg News
Bloomberg News
Switzerland opened the 21.5-mile Lötschberg Tunnel beneath the Alps, the world’s longest railway land tunnel and part of the country’s plan to shift freight traffic off the roads and speed up passenger transportation. It joins Frutigen near the capital, Bern, in the north with Raron in the Rhône Valley to the south, cutting travel time for trains crossing from Germany to Italy by about 90 minutes and bringing skiers to resorts like Zermatt more quickly.
Britain: Tool Rental Company Buys a Rival
Date: 15 June 2007
By Bloomberg News
Bloomberg News
Speedy Hire, a British tool-rental company, agreed to buy Finning International’s Hewden Tools business for £115 million ($227 million) to add branches and expand its range of drills, scaffolding and generators. Speedy, based in Newton-le-Willows, northwest England, will pay cash for the operation, part of the Hewden Stuart subsidiary of Finning, which is based in Vancouver, British Columbia. The purchase will increase Speedy Hire’s annual revenue by at least 20 percent, to more than £400 million, the chief executive, Steve J. Corcoran, said on a conference call.
China: Strong Rate of Growth Persists
Date: 15 June 2007
By Bloomberg News
Bloomberg News
China’s government reported industrial production growth unexpectedly accelerated in May, hours after Prime Minister Wen Jiabao, left, said further steps were needed to cool the country’s economy. Output rose 18.1 percent in May from a year earlier, the National Bureau of Statistics said, after gaining 17.4 percent in April. Mr. Wen said Wednesday that monetary policy needed “moderate tightening,” underscoring the failure of two interest rate increases this year to slow the economy. Record trade surpluses have pumped money into the financial system, stoking investment, inflation and a stock market boom. For the first five months, industrial production climbed 18.1 percent from the period last year, up from 16.6 percent growth for all of 2006.
Russia: Economy Expanded in Quarter
Date: 15 June 2007
By Bloomberg News
Bloomberg News
Russia’s economy expanded in the first quarter at the fastest pace in six years as production of building materials increased to keep pace with a construction boom and consumer demand remained strong. Gross domestic product rose at an annual rate of 7.9 percent in the period, compared with 5 percent in the first quarter of 2006, the Federal Statistics Service said. The figure is not seasonally adjusted. Industrial output increased 7.9 percent in the first quarter of the year, compared with 4.1 percent in the period last year, according to the Federal Statistics Service.