Sinochem Group may be unable to bid for Potash Corp. (POT), as the Chinese company is struggling to get state backing for the move.
The Chinese government has said it would prefer that the bid not be financed by credit from state banks, Bloomberg New…
“More food stamps? Or more paychecks?” Former Speaker of the House Newt Gingrich suggests that’s how the GOP should couch the national policy debate before the midterm elections. But will demonizing programs that aid the poor h…
British banks may require further taxpayer funds, with borrowing needs potentially hitting £25 billion pounds ($39.5 billion) a month, according to a think-tank.
The independent New Economics Foundation said that central bank data indicated the banks are facing major funding problems, Reuters reported.
Finance Minister George Osborne dismissed the suggestion.
“I am certainly…
Continue reading British Banks May Need More State Funds: Think Tank
British Banks May Need More State Funds: Think Tank originally appeared on DailyFinance on Mon, 04 Oct 2010 07:48:00.
Filed Under: Company News, Economy, People, Taxes, Credit, Currency
Data from the IRS shows that 2,840 households reporting at least $1 million in income on their tax returns that year also collected a total of $18.6 million in unemployment benefits in 2008.
Continue reading Mi…
Wal-Mart Stores (WMT) and Humana (HUM) are teaming up to offer a Medicare prescription drug coverage plan that they say will be the cheapest on the market.
Premiums for the Humana Walmart-Preferred Rx Plan will be $14.80 a month, less than half the average premium for Medicare prescription drug plans this year, the companies said in a statement.
“We know every dollar counts,…
Continue reading Wal-Mart, Humana to Offer Low-Cost Prescription Drug Plan
Wal-Mart, Humana to Offer Low-Cost Prescription Drug Plan originally appeared on DailyFinance on Fri, 01 Oct 2010 09:20:00.
Filed Under: Technology, People, Health Care, Wal-Mart Stores, Taxes, Insurance, Retail