United States

Obamacare’s New Concern; Insurers Seek Increase in Premium for 2017

Obamacare’s New Concern; Insurers Seek Increase in Premium for 2017

It seems troubles for 'Obamacare' aren't over yet as many insurers nationwide have cited financial losses under the health care law and are saying they hope for a premium increases in 2017.

New Federal Law Prohibits Car Rental Companies from Renting Recalled Cars until they are Repaired

New Federal Law Prohibits Car Rental Companies from Renting Recalled Cars until they are Repaired

Last year a legislation approved by the Congress was endorsed as a law which comes into effect today, which makes it necessary for rental car companies which have fleets exceeding thirty five vehicles, to pull out all recalled vehicles until they are repaired.

Lawmakers of Missouri Fail to Help Uber, Lyft Grow in the State

Lawmakers of Missouri Fail to Help Uber, Lyft Grow in the State

Ride hailing services like Uber and Lyft face another stumbling block in Missouri this year, as lawmakers failed to make things easier for the ride sharing services in this legislative session.

Marc Edwards, a Virginia Professor Preparing Data to Show Flint’s Water Condition is Improving

Marc Edwards, a Virginia Professor Preparing Data to Show Flint’s Water Condition is Improving

The water supply in Flint is getting better, at least that's what Marc Edwards, a Virginia professor who helped discover the lead contamination in drinking water in the city says. He is preparing data which once released will show that Flint's water condition is improving.

US Private Equity Firm Blackstone Invests $200 Million in Partners Life

US Private Equity Firm Blackstone Invests $200 Million in Partners Life

Partners Life, the life insurer based in Auckland announced that US private equity firm Blackstone is investing $200 million in the company and will hold lesser than fifty percent with "a significant minority shareholding". However the specific level of holding was not disclosed.

Towle & Co a Major Shareholder of Tribune Urges the Publisher to Consider Gannett’s Deal

Tribune Publishing has earlier rejected offers from Gannett but this time another major investor is calling for Tribune to consider the deal with Gannett. The move comes only a couple of days after Gannett increased its offer to $864 million to acquire the company.

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