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Newspaper
The Chronicle Telegram
Location
Elyria, Ohio, United States of America
Date
May 14, 2013
Page
5
U S retailers posted a 0.1 percent April gain led by autos and clothing with price effects trimmed. Ex gas, sales rose 0.7 percent and core retail sales gained 0.5 percent as higher Social Security taxes slightly restrained paychecks.
Cancer patients may face steep out of pocket costs under the health care law as states set copayments for specialty drugs. California could require up to 30 percent coinsurance while New York imposes flat copays up to 70 dollars. Experts warn high copays may undermine coverage goals.
Amtrak unveiled the first of 70 new Amtrak Cities Sprinters locomotives built by Siemens at a California plant. The program aims to improve reliability and energy efficiency, with all 70 in service by 2016. The engines will operate on the Northeast Corridor and Keystone Corridor, replacing three decades old units.
McDonald s expands its lineup with Bacon and Cheese Deluxe and Habanero Ranch variants replacing Angus Third Pounders, aiming cheaper premium burgers. Walgreen extends CVS Caremark prescription filling agreement. Skechers wins 40 million class action over toning shoe claims.
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