Justice Department Shuts Down Planned Healthcare Merger

Washington, D.C. – On March 8, 2010, Blue Cross Blue Shield of Michigan and Physicians Health Plan of Mid-Michigan announced that they would end their planned merger.

Quaker Snack Mix Baked Cheddar, Pringles Recalled | Salmonella Contamination

Two food substances have found their way to the U.S. Consumer Product Safety Commissions recall list.

First up, the Federal Food and Drug Administration (FDS) announced that Quaker Snack Mix Baked Cheddar is under a Voluntary Recall due to possible health risk. Basic Food Flavors, Inc. of Las Vegas, NV initiated the recall concerning their hydrolyzed vegetable protein (HVP) due to a possible Salmonella contamination.

Gov. Schwarzenegger and Microsoft, Team up to Provide Training to Californians

Governor Arnold Schwarzenegger today announced that California will join forces with Microsoft to provide free technology training to thousands of Californians. This partnership is designed to combat the continuing growth of unemployment in the State.

U.S. Department of Justice releases approved list of Credit Counseling Agencies | Do not be fooled

The Department of Justice today released a list of approved credit counseling agencies. The waiver of credit counseling requirement for bankruptcy filers was terminated effective September 16, 2009 in the Eastrn District of Louisana.

Google and Apple Headed For a Showdown

Well, it’s finally happening. The long-simmering hostility between Apple and Google is starting to boil over.

Baseball and Health Insurance

One of the most essential roles of government is to maintain competition in the marketplace, and prevent monopoly. Without government oversight, larger companies can work to stifle competition, collude to fix pricing, etc. This is why the federal gov’t has been granted regulatory power, in the form of antitrust laws.

OPERATION ROTTEN TOMATO Fraud in the Food Industry | FBI

The former owner of one of the nation’s largest tomato processing companies was indicted today for his role in the pervasive manipulation of the industry through price fixing, bribery, and bogus product labeling that often resulted in consumers paying inflated prices for dated, moldy products.

Progress Implementing the American Recovery and Reinvestment Act of 2009

At tomorrow’s Economic Daily Briefing, Vice President Joe Biden will deliver to President Barack Obama his “Annual Report to the President on Progress Implementing the American Recovery and Reinvestment Act of 2009.” The report, which summarizes Recovery Act progress to-date and lays out projections for the program in the coming months, can be viewed in full HERE. Key excerpts from the report are below.

American Airlines Approved Oneworld Antitrust Immunity Application

In today’s show-cause order, the Department tentatively found that granting antitrust immunity to the oneworld alliance would provide travelers and shippers with a variety of benefits, including lower fares on more routes, increased services, better schedules and reduced travel and connection times. The Department also said the proposed alliance would enhance competition around the world by creating competition with the existing Star Alliance and the SkyTeam alliance, which already have been granted immunity.

Obama Administration Supports Nuclear Power Plant Development

The Obama Administration will be announcing loan guarantees for a nuclear power plant next week. It will be the first such plant built in close to thirty years.

Watch Out for Tax Refund Shakedowns

Well, it’s tax time again and, if you’re one of those fortunate enough to get a refund, you’ll likely want to get your money as quickly as possible. Like most of us, you could probably use it right about now. But, before you head off to the local office of your favorite nationally branded tax service, you might want to consider being just a little bit patient this year.

President Obama Unveils Proposals to Facilitate Job Growth

Unemployment continues to be the number one concern for our nation and on Monday The President announced steps to help put Americans back to work.

Weekly Address: President Obama Calls for New Steps to Support America’s Small Businesses | Video

WASHINGTON – In this week’s address, President Barack Obama said that America’s small businesses are key to rebuilding the economy on a new, stronger foundation and creating jobs. He called on Republicans and Democrats in Congress to pass – without delay – a series of proposals that will help American small businesses thrive. These proposals include using $30 billion in TARP funds to create a new Small Business Lending Fund to provide capital to community banks to increase lending to small businesses, offering a new tax credit for over one million small businesses that hire new workers or raise wages, and providing targeted support for the most innovative small businesses with the potential to export new goods and products.

Jersey Exec’s Sentenced to 27 Months each for Defrauding the E-Rate Program

Former co-owners of a New Jersey-based computer services provider were each sentenced to 27 months in jail for participating in a conspiracy to defraud the federal E-Rate program, the Department of Justice announced today.

President Obama to Outline New Small Business Lending Fund

President Barack Obama will hold a town hall meeting in Nashua, New Hampshire where he will outline the new Small Business Lending Fund. He will be joined by Small Business Administrator Karen Mills.

Freedom of Speech or Buying Political Power?

Citizens United v. Federal Election Commission

On January 21, 2009 the campaign finance reform popularly known as McCain-Feingold was declared unconstitutional in a five to four decision by the Supreme Court.

Starbucks sees its profits triple

Starbucks is continuing to prove that it has successfully turned its fortunes around as it sees its latest quarterly profits more than triple.

Next Page »