Justices signal deep trouble for law
The Supreme Court signaled trouble for President Obama's health care overhaul as conservative justices pressed on the core requirement that virtually everyone buy insurance. Justices debated whether any remnant can survive if the mandate is struck down, with Kennedy and Roberts seen as pivotal. A decision due in June could reshape coverage for about 30 million people amid a presidential election backdrop.
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Barack Obama
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EPA plan tightens carbon limits for new power plants
The Obama administration unveils the first ever limits on heat trapping pollution from new power plants. The rule targets coal while allowing a path for cleaner coal technology. It could derail or spur 15 proposed coal plants in 10 states, with exemptions for projects starting within a year. states include Texas Illinois Pennsylvania Idaho Kentucky Michigan Georgia Utah Wyoming and Kansas.
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Lawrence Cancer Center upgrades for faster radiation treatments
The Lawrence Cancer Center will install a multimillion-dollar accelerator to shorten radiation sessions from 15–18 minutes to 10–12 minutes and expand radiation surgery options. Patients will travel from Lawrence to Ottawa for eight weeks of construction while the old machine is dismantled and a new one installed. Dr. Darren Klish notes community access to state of the art technology, with collaboration from the American Cancer Society to assist patient travel.
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Post Crescent chief apologizes for reporters signing recall petitions
Genia Lovett, publisher of The Post-Crescent in Appleton, apologizes for 25 Gannett Wisconsin Media journalists signing recall petitions for Gov. Scott Walker. She says the incident undermines newsroom credibility and is addressing discipline while ensuring openness to readers. The recall petitions concern Walker’s bid to curb public sector collective bargaining.
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Markets end lower on Tuesday led by Dow drop
The Dow Jones Industrial Average fell 43.90 points to 13,197.73 while the Nasdaq rose to 3,120.35 and the S&P 500 slipped 43.90 to 1,412.52. Treasuries edged up with the 30 year at 3.30 percent. Commodity quotes show corn up 7 cents to 6.31, soybeans up 9.75 cents to 13.70, wheat down 20 cents to 6.79, oil up 30 cents to 107.33 and gold closing near unchanged.
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New Yorkers cling to optimism amid mixed US economic signals
New York consumers stay hopeful about the economy despite higher gas prices and mixed data. The Conference Board puts March Consumer Confidence at 70.2, near February’s revised 71.6 high, while unemployment and home prices lag and the stock market climbs.
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Mark Witner
Wells Fargo Securities
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