Category Archives: Spending

Insurers offer to stop charging sick people more

By doris | Published: March 25, 2009

Full Story At  msnbc.com WASHINGTON – The health insurance industry offered Tuesday for the first time to curb its controversial practice of charging higher premiums to people with a history of medical problems. The offer from America’s Health Insurance Plans and the Blue Cross and Blue Shield Association is a potentially significant shift in the [...]

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GM Posts $30.9B Loss, Keeps Spending Billions

By doris | Published: February 27, 2009

Full Story At ABC News The teetering company, once the symbol of American industrial might, revealed Thursday that it burned through $19.2 billion in cash last year on its way to a $30.9 billion loss. The century-old automaker said its only hope of living another year is more aid from the government.

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