by Maureen LaForge | May 30, 2012 | Business & Tech, Science + Technology
WASHINGTON – Aetna Inc. Chairman and CEO Mark Bertolini on Thursday advocated dramatically changing how providers and insurers are paid as a way to reform the fee-for-service model. Speaking at the non-partisan Peterson Institute for International Economics, Bertolini...
by Mara Grbenick | May 29, 2012 | Business & Tech
WASHINGTON—President Barack Obama opposes a push by Congress to double the 3.4 % interest rate on federal Stafford student loans, but Mark Kantrowitz, publisher of Fastweb.com and Finaid.org, has a different message: Let the rate expire in July as currently mandated...
by Mara Grbenick | May 24, 2012 | Business & Tech
WASHINGTON — Real estate and mortgage industry leaders urged a Senate committee on Thursday to back a plan that would lower interest rates for homeowners with government-owned mortgages. Appearing before the Senate Banking Committee, Mark Zandi, chief economist and...
by Susanna Pak | May 23, 2012 | Business & Tech
WASHINGTON – Secretary of State Hillary Clinton joined military leaders Wednesday in pushing reluctant Senate Republicans to ratify The Law of the Sea Treaty, which Clinton said could unlock hundreds of billions of dollars while protecting U.S. economic interests...
by Mara Grbenick | May 23, 2012 | Business & Tech
WASHINGTON—Federal regulators said Tuesday they are investigating recent trading losses at powerhouse bank J.P. Morgan Chase & Co., continuing the nearly two-year long debate on how to fund financial reform. “We’re investigating right now whether their earnings...
by Mara Grbenick | May 22, 2012 | Business & Tech
WASHINGTON — The first thing you hear is a charge — a high-pitched, electronic whine and within minutes the whirring settles into a roar as the speeding train whizzes along the track at 200 miles per hour, streaking across the landscape. The emotion of the...
