A concept that was pioneered in New Jersey says insurers are required to spend a minimum of 80 percent of premiums to pay for medical claims otherwise they have to return money through rebates or additional benefits.
Last week with all the upheaval business was very slow at Market Basket. Customers dropped in the stores all over the area but employees protested the ouster of their well loved CEO Arthur T. Demoulas by not restocking the shelves or by refusing to accept the deliveries of produce that came every day.
The location for one of the most recent coal powered power station of Germany is on the banks of a canal that is hundred year old, which once upon a time shipped coal that was dug out from the Ruhr Valley and supplied to the world. Now sides have changed and coal comes from other places to Germany now.
There were already sixteen satellites by the end of 2012 from China circling the orbit above the Asia-Pacific and there are more that have been planned. The Beidou system of China is a competitor to the leading U. S. Global Positioning System (GPS) as well as the GLONASS of Russia. Beidou is already being used in a big way by the Chinese military.
For some weeks now, Danone the French dairy group has been in discussions with U. S. rival pharmaceutical and medication delivery company Hospira to sell its business of medical nutrition. In this deal the buyer would be able to move its tax base to Europe.
Baidu the search giant of China reported a 34 percent leap in its second quarter profit. Its mobile ad sales alone accounted for approximately one third of the revenue for the first time.
Profits of the company reached 3.5 billion yuan or US$571 million for this quarter. The revenue increased 59 percent to 12 billion yuan, as the upper limit of its forecast.
Zillow Inc. the real estate website operator from U. S is in advanced discussions for the acquisition of its smaller rival Trulia Inc. said people who are familiar with the matter.
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