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Wall Street: The bear is back
Stocks slumped Wednesday, with the Dow and Nasdaq ending in bear market territory, amid record oil prices, a 15% slump in GM stock and jitters about Thursday's big government report and ECB interest rate decision.
CNN Money

U.S. jobs picture grim, housing struggles (Reuters)
U.S. private employers slashed 79,000 jobs in June while planned layoffs at U.S. firms rose nearly 50 percent above year-ago levels, according to data that may spell bad news for a government payrolls report this week.
yahoo.com

Millions of motorists to lose out in backdated green car tax, say Tories
More than 2 million people will be made worse off by government plans to increase the car tax on environmentally unfriendly vehicles bought over the last seven years, the Tories claimed yesterday.
tiscali.co.uk

Industries seek climate concessions
THE Rudd Government will marginalise the advice of its hand-picked adviser on climate change policy unless tomorrow's draft report takes a realistic view of the challenges ahead, the mining industry has warned.
The Australian

Not Your Father``s Court
As they have every term over the past few decades, the Supreme Court Justices once again sided in most cases with employers over employees, with big business over consumers, and with the government over individuals.
CBS News

US Govt sues company for asking Sikh to shave off beard
Houston, July 2: A Texas company has been sued for religious discrimination by the US government after it did not hire a Sikh who refused to shave his beard and take off his turban.
Topix

Mugabe rival rejects unity call
Zimbabwe's opposition leader rejects forming a unity government if he is not recognised as presidential winner.
BBC

Mortgage application volume rises off 2008 low (AP via Yahoo! Finance)
Mortgage application volume rose 3.6 percent during the week ended June 27, according to the trade group Mortgage Bankers Association's weekly application survey.
yahoo.com

In Switzerland, A Health Care Model For America?
Switzerland's health care system could be the perfect political compromise for the U.S. Those who can afford to buy insurance are required by law. For those who can't, the government provides subsidies. Swiss citizens, like Cecile Crettol-Rappaz, say they wouldn't trade it for any other system.
NPR

Ten Steps to Reforming Medicaid Insurance
Typically, Medicaid enrollees face restricted treatment options and limited access to health care. At the same time, they are sheltered from health care costs because they pay nothing out of their own pockets when they receive care.This disconnection between patients and costs has led to a dramatic increase in public health care spending. All this could change, however, if the government were to implement the 10 Medicaid reforms discussed below.Step 1: Free Patients.read more
emaxhealth.com

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