Health insurance squeeze widens as costs rise
The economy and rising health costs push more Americans off insurance, with about 75 million uninsured at some point in 2001 or 2002. Firms cut coverage or raise employee costs, widening the middle class uninsured, prompting congressional action. Senator Breaux pushes a sweeping overhaul to require insurance for workers, the elderly, the poor and veterans.
MENTIONED IN THIS ARTICLE
Washington
Congress
John Breaux
D-La
Breaux
Kansas pushes wide coalition for health coverage week
A diverse coalition including Families USA, U S Chamber of Commerce, AFL CIO and health groups campaigns next week to press Congress on insuring the uninsured. About 41 million Americans lacked coverage in 2001, up from 2000 after two years of decline, as lawmakers have stalled since 1997.
MENTIONED IN THIS ARTICLE
Ron Pollack
Families USA
U.S. Chamber of Commerce
Business Roundtable
Afl-Cio
The
American Medical Assn
Health Insurance Association of America
Martha Stewart Living Omnimedia Reports First Loss
Martha Stewart Living Omnimedia posted a $2 million loss for the quarter ending December 31, down from a $5.7 million profit a year earlier. The firm cited declines in broadcasting and Internet businesses and warned of further losses in the upcoming quarter, forecasting 6 to 8 cents per share.
MENTIONED IN THIS ARTICLE
Martha Stewart Living
Omnimedia
Former congressman joins Dillard's board
Dillard's Inc. announces the election of former Oklahoma congressman J C Watts to its board. Watts, 45, was the last black Republican in Congress and served eight years. The company did not address discrimination accusations in the release and has denied racial profiling.
MENTIONED IN THIS ARTICLE
Dillard’s Inc. Department Stores
Oklahoma
J.C. Watts
Watts
Congress
House
Dillard’s
U.S. Supreme Court
Dillard's
Overland Park
Little Rock
Fleming Ousts CEO Amid Federal Probe and Ties Cut
Fleming Cos. faces a federal accounting probe as it cuts ties to its largest customer. Mark Hansen has resigned after five years as chairman and CEO. Peter Willmott, a former FedEx and Zenith executive, becomes interim chief executive and president. Archie Dykes named chairman. The firm runs a merchandising facility in Topeka.
MENTIONED IN THIS ARTICLE
Fleming Cas
Mark Hansen
Peter Willmott
Federal Express Corp
Zenith Corp
Fleming
Kansas University
Archie Dykes
Topeka
Greenspan sees housing market cooling in 2003
Fed Chairman Alan Greenspan said the red-hot housing market is likely to cool this year, potentially reducing consumer spending. He noted slower home price gains, fewer refinancings, and local conditions driving prices, with rates expected to stay at 1.25 percent at the March Fed meeting.
MENTIONED IN THIS ARTICLE
Washington
Federal Reserve
Alan Greenspan
Greenspan
Independent Community Bankers of America
Orlando
Fla
Iraq
Plano
Texas
Commerce Department
Farmland approves new bankruptcy loan deadlines in Kansas City
A bankruptcy judge approved a revised loan pact for Farmland Industries amid creditor protests. The deal cuts $75 million from Farmland's credit line, raises rates, and imposes a strict asset sale timetable with possible loan cancellations for missed deadlines. A March 26 auction is planned for the fertilizer unit, while the Lawrence plant remains idle since May 2001.
MENTIONED IN THIS ARTICLE
Kansas City, Mo
Farmland Industries
Kansas City
U.S
Jerry Venters
Venters
Farmland
Deutsche Bank
Bob Terry
Koch Nitrogen
Wichita
Koch
Lawrence Nitrogen
Government places tariff on Canadian wheat
The Commerce Department set a preliminary 3.9 percent tariff on Canadian wheat imports to counter subsidies, with a final decision due in July. Exporters must post bonds equal to the duty on hard red spring and durum wheat. U S wheat groups welcomed the move though some deem Canadian subsidies underestimated. North Dakota farmer Larry Lee, chairman of the state wheat commission, cited hidden subsidies in Canada’s grain transport and marketing policies linked to the Wheat Board.
MENTIONED IN THIS ARTICLE
Washington
Commerce Department
Canada
Canadian Wheat Board
Larry Lee
Velva
N.D
North Dakota Wheat Commission
Also Mentioned on This Page
Kansas
Doking Wa
Graphit
Martha Stewart
Stewart
Dillard's Board
Fleming Ousts
Tomy
Rebertoire
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