Supreme Court to review health care overhaul
The Supreme Court promised a thorough springtime review of President Obama’s health care overhaul with over five hours of arguments. The ruling could affect health insurance for more than 30 million Americans and shapes the fate of the law ahead of the next election. The case centers on the individual mandate, requiring insurance starting in 2014 or a penalty, and may end up deferring until 2015 on a lower court ruling.
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Washington
Supreme Court
Barack Obama
Obama
George W. Bush
High Court
Anthony Kennedy
White House
Dan Pfeiffer
Free heart drugs study shocks doctors in Florida
Researchers offered cholesterol lowering statins and heart meds at no cost to heart attack survivors but only about half took the medicines. The study, led by Dr. Niteesh Choudhry of Brigham and Women's, found fewer heart events and $500 saved per patient on average over a year, while enrollment was hard. Aetna plans free access for some patients, hoping long term savings justify the program.
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Elliott Antman
Harvard
Brigham and Women’s Hospital
Boston
Aetna
Niteesh Choudhry
Brigham and Women’s
American Heart Association
Florida
Government fine on airline affiliate could deter delays
The 900000 dollar fine against an American Airlines affiliate for holding passengers on board on the tarmac may deter such incidents but risks higher flight cancellations. Industry analysts warn cancellations could rise further to avoid three hour limits set by the Department of Transportation twenty months ago. Analyst Michael Boyd says delays will still be punished through more cancellations. Berkshire Hathaway reveals IBM stake and other new investments amid third quarter turmoil.
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American Airlines
American Eagle Airlines
Department of Transportation
Michael Boyd
Warren Buffett
IBM
Berkshire Hathaway
Berkshire
Intel Corp
Directv
General Dynamics Corp
CVS Caremark Corp
Cantor hints deficit deal likely with at least 1.2 trillion
House Majority Leader Eric Cantor signaled support for a GOP backed deficit plan and predicted a multitrillion dollar reduction package by the November 23 deadline. He avoided public side taking on the tax increase proposal while noting conservatives’ concerns and a possible fallback of 1.2 trillion in cuts.
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Washington
House
Eric Cantor
R-Va
Congress
Jim Jordan
Ohio
Newt Gingrich
Iowa
Pat Toomey
R-Pa
Nachama Soloveichik
Cantor
Markets Report Monday Closing Prices
Monday's markets show Treasury 30-Year at 3.09% with a minor drop of 0.02. Commodities include Corn down 5 cents to 6.34, Soybeans up 2.75 cents to 11.78, Wheat down 12 cents to 6.92, Oil down 0.85 to 98.14, Gold down 9.70 to 1,788.40, Silver down 65.80 cents to 34.02, Platinum down 2.60 to 1,644.10.
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Treasury
Chicago
Kansas City
New York
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