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Houston Business Journal: Report: VC-backed IPOs fall to 30-year low Initial public offerings by companies backed by venture capitalists hit their lowest point in three decades, according to a new report by Thomson ... InformU.S. Markets Down in Afternoon Trading Stocks were down slightly this afternoon as reports on how the auto sector is performing began to come out. The Washington PostTraders Cautious After Friday`s Big Rally Wall Street gave back some of last week's huge gains Monday but found encouragement from a U.S. government report that construction spending fell less than forecast. CBS NewsAuto sales plunge again in December Ford Motor and Toyota Motor both reported December sales declines of more than 30% Monday, capping the industry's worst year since 1992. CNNU.S. Auto Sales Continue to Skid Ford, Toyota and Honda all reported U.S. sales declines of more than 30% for December, capping off a dismal year for the auto industry. Other car makers will report later in the day. Wall Street JournalCalifornia Requires Private Health Plans To Cover Interpretation Services A law requiring California health, dental and specialty insurers to provide members with interpreters took effect Jan. 1, the Sacramento Bee reports. Of the 37 million people living in California, more than 40% speak a language other than English, and one-fifth of the population say they cannot speak English 'very well,' according to the Bee.read more emaxhealth.comEnrollment Increases In Massachusetts Premium-Assistance Program For Laid-Off Workers Enrollment in a Massachusetts program designed to help unemployed state residents pay health insurance premiums has increased by 73% in the past year, the Boston Globe reports. The state Medical Security Program, which is funded by a tax on employers, pays 80% of a laid-off worker's monthly insurance premium for up to 46 weeks. For people who cannot afford to retain their coverage, even with the assistance money, the program offers full basic coverage and charges a copayment of about $15 per doctor visit.read more emaxhealth.comStates Consider Further Cuts To Medicaid Programs The washington post recently examined how many states 'are being forced to curtail' Medicaid services 'as they struggle to cope with the deteriorating economy.' Medicaid, which provided health coverage to 50 million U.S. residents in 2007, is the largest or second-largest expense in every U.S. state, the Post reports.read more emaxhealth.comU.S. construction spending down 0.6% in November WASHINGTON (MarketWatch) -- Outlays for construction projects in the united states fell by a seasonally adjusted annual rate of 0.6% in November after an upwardly revised drop of 0.4% in October, the Commerce Department reported Monday. Spending on residential projects fell 4.1%, while spending on private-sector nonresidential construction rose 0.7%. Total outlays are down 3.3% in the past year. Private residential construction, which fell 4.2%, reached the lowest level since August 1999. MarketWatch.comBorders Group names new CEO, posts lower sales Borders Group Inc., which has struggled along with other booksellers as people buy more books online and from discounters, announced a new CEO and other top managers Monday as it also reported weak holiday sales. The Ann Arbor, Mich.-based company also warned... San Francisco Chronicle1 2 3 4 5 |
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