Health bill to raise costs but expand coverage
The Congressional Budget Office projects the Affordable Care Act will cost about 1.34 trillion over the next decade, 136 billion more than last year. The study notes 22 million more will gain coverage this year, with about 27 million uninsured, and 90 percent of Americans anticipated to have coverage. It also cites a decline in employment-based coverage as an offset while emphasizing the net deficit impact remains to be reduced.
MENTIONED IN THIS ARTICLE
Washington
Barack Obama
Congressional Budget Office
CBO
U.S
Budget Office
Markets end mixed before Easter holiday trading
U S stock market closes mixed with a weekly loss despite late Dow and Nasdaq gains. The S P 500 stays in the red amid light volume ahead of Good Friday, as oil prices fall and investors weigh Federal Reserve rate hike pace.
MENTIONED IN THIS ARTICLE
U.S
Standard & Poor
Quincy Krosby
Prudential Financial
IUNDUP $4 Billion LaGuardia Redevelopment Approved
The Port Authority board approved a $4 billion redevelopment of aging LaGuardia Airport after a contentious meeting revealing split views on cost and management. The resolution passed unanimously but with an asterisk as board members also adopted new policies for large-scale projects.
MENTIONED IN THIS ARTICLE
New York
LaGuardia Airport
Port Authority of
New Jersey
LaGuardia
VW Porsche recall 800000 SUVs over pedal issue
VW and Porsche announce a combined global recall of about 800,000 Touareg and Cayenne SUVs from 2011 to 2016 over a pedal system defect. VW cites 391,000 Touaregs with a possible loosening of a retaining ring on the bearing block, while Porsche recalls just over 409,000 Cayennes from the same model years.
MENTIONED IN THIS ARTICLE
Porsche
Berlin
Volkswagen
Bank rescue pushes Portugal budget deficit higher
Lisbon reports that a $2.8 billion cash injection into Banco Internacional do Funchal SA raised Portugal’s 2015 deficit to about 4.4 percent, versus a target of 2.7 percent. Without the rescue, the deficit would have been around 3 percent, in a country still striving to reduce deficits after a peak above 10 percent in 2010.
MENTIONED IN THIS ARTICLE
Lisbon
Portugal
National Statistics Institute
Statistics Agency
Banco Internacional Do Funchal SA
Forensic Tools Face Off In Apple FBI Standoff Echo
Cellebrite, founded in 1999, sells devices used by law enforcement to extract data from many smartphones and aids data transfer for customers. Apple uses Cellebrite in some stores, while rivals push backups of iPhone flash memory to defeat data loss from wrong passwords. Rook Security forms an expert team to copy iPhone flash memory, aiming to recover wiped data if password attempts fail. No success yet on iPhones running iOS 9 or later.
MENTIONED IN THIS ARTICLE
Cellebrite
FBI
Apple
San Bernardino
Rook Security
Starboard launches proxy fight to oust Yahoo CEO Mayer
Starboard Value alleges Yahoo under Mayer delivered dismal performance and poor governance and nominates nine directors to oppose Yahoo's current slate at the June shareholders meeting. Starboard, holding 1.7 percent of Yahoo, has pressured Mayer for changes as Yahoo weighs selling its Internet operations amid layoffs and a planned spin off.
MENTIONED IN THIS ARTICLE
Yahoo
Starboard
Jeffrey Smith
Mayer
Smith
Darden Restaurants Inc
Olive Garden
Sunnyvale
Calif
Verizon Communications
At&t Inc
Comcast Corp
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Alex Veiga
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Robert H. Nichols
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Carlisle McNellie & Rini
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Lydia R Bostic
East River
John D Clunk
AP File
Marissa Mayer
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