AP / Reuters News

Only 15 States Plan to Operate Own Health Insurance Exchanges

Only 15 U.S. states plan to operate health insurance exchanges under President Barack Obama’s reform law, leaving Washington with the daunting prospect of creating and operating the new online marketplaces in at least two-thirds of the country. On the eve …

Commentary: AIG ‘Profits’ an Insult to the Concept

To say taxpayers made money from their investment in AIG is to libel the very concept of profit. Come to think of it, it may well be a gross insult to the idea of investment too. The Treasury Department announced …

States Plan to Sue EPA Over Greenhouse Gas Regulations

A coalition of seven eastern states led by New York plans to sue the U.S. Environmental Protection Agency for failing to issue new guidelines to curb methane emissions, a greenhouse gas that may be linked to climate change. In a …

Berkshire Hathaway Buys Back $1.2B of Stock

Berkshire Hathaway Inc. said on Wednesday that it had repurchased $1.2 billion of its own stock and raised the price at which it is willing to buy back shares. The conglomerate run by Warren Buffett, which operates a variety of …

Citizens President Gilway Admits Mistake in Abolishing Office

Citizens Property Insurance Corp. President Barry Gilway said Tuesday he made a “dumb decision” in how he went about abolishing the firm’s Office of Corporate Integrity earlier this year.Gilway conceded it was a mistake to do away with the office …

Caffeine Levels in Energy Drinks Don’t Always Match Labels: Study

Energy drinks do not always divulge how much caffeine they contain, and when an amount is listed on a label, it is not always accurate, Consumer Reports magazine has found. According to a study released on Thursday by the magazine, …

U.S. Trial Set in Chevron Fraud Case Against Ecuador Lawyers

A U.S. trial has been set for next fall in a Chevron Corp lawsuit that accuses Ecuadorean residents, their lawyers, and advisers of fraud in obtaining a $19 billion pollution award against the U.S. oil company. U.S. District Judge Lewis …

Meningitis Toll Rises; Pharmacy Owners Sued

Executives at the Boston-area pharmacy whose steroid shots have been linked to a deadly U.S. meningitis outbreak have been sued in a bid to freeze their personal assets, while the death toll in the scandal rose to 21, with 268 …

Supreme Court Refuses Review of Telecom Immunity Surveillance Case

The U.S. Supreme Court on Tuesday refused to consider a challenge to a 2008 federal law granting immunity to AT&T Inc and other telecommunications companies for helping the government eavesdrop on customers’ private phone conversations. Section 802 of the Foreign …

Ford Sued Over Patent Infringement

Ford Motor Co has been sued for allegedly infringing a patent that covers a fuel-injection system it uses in its top-selling F-150 truck. According to a federal complaint made public on Thursday, TMC Fuel Injection System LLC of Wayne, Pennsylvania, …