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Obama Sharply Criticizes Republicans As He Announces 8 Million Have Enrolled By Grab Media, a blinkx company Enrollment in private health insurance on federal and state marketplaces has surged in recent weeks and now totals 8 million, a feisty President Barack Obama said Thursday. “This thing is working,” Obama said at a White House news conference in which he lambasted Republican critics of the health law, especially those in states that did not expand Medicaid eligibility, as the law allows. “I'm sorry. I'm going to say one last thing about this -- just because this -- this does frustrate me, states that have chosen not to expand Medicaid for no other reason than political spite,” Obama said. “You got 5 million people who could be having health insurance right now, at no cost to these states -- zero cost to these states – [yet] other than ideological reasons, they have chosen not to provide health insurance for their citizens.” ...Read More »
US Stock Market Ends Higher As Earnings Pour In By Grab Media, a blinkx company Corporate earnings pushed U.S. stocks mostly higher on Thursday. The Standard & Poor's 500 index rose two points, to close at 1,864.85. Seven of the 10 industry sectors in the S&P 500 gained, led by energy stocks. The Nasdaq added nine points, to finish at 4,095.52. The Dow Jones industrial average, however, fell 16 points, to close at 16,408.54, hurt by the big drop in IBM. ...Read More »
Lululemon CEO Looks Beyond Yoga Wear For Growth By Grab Media, a blinkx company Lululemon, best known for its trendy yoga wear, hopes to drive growth in coming years by expanding its range of fitness-related apparel and accelerating international plans, New CEO Laurent Potdevin, who was recruited to revive the company's fortunes after an embarrassing recall and supply chain issues last year raised questions about growth prospects, made the comments in Vancouver at the retailer's analyst day. ...Read More »
Video: Obama Sharply Criticizes Republicans As He Announces 8 Million Have Enrolled By Clip Syndicate Enrollment in private health insurance on federal and state marketplaces has surged in recent weeks and now totals 8 million, a feisty President Barack Obama said Thursday. “This thing is working,” Obama said at a White House news conference in which he lambasted Republican critics of the health law, especially those in states that did not expand Medicaid eligibility, as the law allows. “I'm sorry. ...Read More »
Singapore No Home For Luxury Developers As Cooling Measures Bite By Grab Media, a blinkx company Luxury property developers in Singapore are facing their worst sales outlook in six years as a raft of government measures to cool one of the world's most expensive real estate markets bite. Sales of private homes, which account for just under one-fifth of the total property market, fell to their lowest in more than four years in January to March, official data showed this week. ...Read More »
Obama: Not Sure of Anything in Ukraine Crisis By Grab Media, a blinkx company President Obama held a surprise press briefing at the White House, discussing the newest figures on the Affordable Care Act and the situation in Ukraine. Jerry Seib joins the News Hub. ...Read More »
Video: Ex-BP Employee Settles SEC Insider-trading Oil Spill Case By Clip Syndicate A former 20-year veteran of BP will pay a civil penalty to settle civil charges alleging he used non-public information during the 2010 Deepwater Horizon oil spill to commit insider-trading, U.S. regulators said on Thursday. The SEC said Keith A. Seilhan, who coordinated the company's cleanup efforts, will settle the case without admitting or denying the charges. ...Read More »
Video: Stocks Edge Lower After Google, IBM Earnings By Clip Syndicate Stocks edged lower in midday trading on Thursday as investors digested a crop of mixed company earnings. Among the stocks weighing down the market were Google, IBM and insurers UnitedHealth and WellPoint. The decline came after three days of broad market gains. The Standard & Poor's 500 index was little changed at 1,861 as of noon Eastern Time. The Dow Jones industrial average fell 25 points, or 0.2 percent, to 16,399. The Nasdaq composite was flat at 4,085. ...Read More »
SAP CEO braces for currency crunch By Grab Media, a blinkx company German business software maker SAP warned on Thursday that it expected the negative impact of volatile exchange rates to worsen in the second quarter as the strong euro weighs on its financial results. (ROUGH CUT - NO REPORTER NARRATION) ...Read More »
Ex-BP Employee Settles SEC Insider-trading Oil Spill Case By Grab Media, a blinkx company A former 20-year veteran of BP will pay a civil penalty to settle civil charges alleging he used non-public information during the 2010 Deepwater Horizon oil spill to commit insider-trading, U.S. regulators said on Thursday. The SEC said Keith A. Seilhan, who coordinated the company's cleanup efforts, will settle the case without admitting or denying the charges. ...Read More »

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