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Medical Device Tax to Support Obamacare Is Not Collecting as Much Cash as was Expected

Medical Device Tax to Support Obamacare Is Not Collecting as Much Cash as was Ex

On Tuesday a report of a government audit said that the 'Obamacare' tax levied on medical devices has not been catching up to standards that were expected and is falling behind its revenue target as thousands of companies are not paying up.

Standard Chartered to Pay$300 Mln Penalty By Order of New York Regulators

Standard Chartered to Pay$300 Mln Penalty By Order of New York Regulators

The financial regulator of New York State has asked Standard Chartered plc the UK-based lender to pay a civil monetary fine of $300 million. Along with the penalty the bank has also been asked to take some other remedial steps due to which it failed to perk up its controls over money laundering which were needed according to the previous settlement that it made with the regulator in 2012.

In July Construction of New Homes Grow to Eight Month High

In July Construction of  New Homes Grow to Eight Month High

It seems the recovery in the new-home construction is gaining speed in the U. S. The new home construction increased in July to a high that was not seen in the last eight months. This helped to lift the stock market and also improved the prospects of a wider economic recovery.

Shares of Apple Hit a Record High Before Its New iPhone 6 Arrives

Shares of Apple Hit a Record High Before Its New iPhone 6 Arrives

On Tuesday, Apple established a record high price for its stocks and closed in to a valuation of $600 billion when it is expected to introduce an all new iPhone.

Google: Its Growth and Stature

Google: Its Growth and Stature

Google went public on August 19, 2004. It raised around $1.2 billion in cash and the IPO gifted Google Inc. with a stock which was used by the company to attract a large number of intelligent engineers and purchase companies like YouTube which seemed to have a very bright future.

A Survey Says 36% of Americans Have No Savings for Post Retirement Years

A Survey Says 36% of Americans Have No Savings for Post Retirement Years

A survey that was conducted recently by Bankrate. com revealed that one third or 36 percent of Americans do not have anything saved for years after retirement. This includes the 14 percent who above the age of 65 or more. The firm publishes varied information related to personal finance.

Former Co -owners and Two Employees of Rancho Feeding Corp. Charged with Felonies

Former Co -owners and Two Employees of Rancho Feeding Corp. Charged with Felonie

The co-owners of Rancho Feeding Corp. a slaughter house in Petaluma, California that was behind a huge beef recall of meat were indicted by a federal grand jury on charges of intentionally distributing cattle that were suffering from eye cancer and dispensation of the condemned carcasses.

Audit Report Says Illinois Overdrew Money From Federal Medicaid

Audit Report Says Illinois Overdrew Money From Federal Medicaid

In a report released on Monday the federal auditors said that the state of Illinois adopted flawed technique to withdraw Medicaid money that resulted in "a perpetual treadmill effect'" in the usual overdraw of dollars which the state later on had troubles paying back.

Slack in Demands Slide the Price of Homes in China

Slack in Demands Slide the Price of Homes in China

In July the new home prices in China slipped for all the major cities and the fall was attributed to the tight mortgage lending rate by the government. Even as the property curbs were eased by the local governments it could not motivate the prospective buyers.

Data breach in Jewel-Osco Stores Discovered

Data breach in Jewel-Osco Stores Discovered

Once again, yet another store falls prey to hackers and this time it is Jewel-Osco which has suffered a massive data-breach. The company's system was hacked and the thieves stole data of the customers which could number in millions. Their personal information can be compromised and misused.

Latest News

Medical Device Tax to Support Obamacare Is Not Collecting as Much Cash as was Ex
Standard Chartered to Pay$300 Mln Penalty By Order of New York Regulators
In July Construction of  New Homes Grow to Eight Month High
Shares of Apple Hit a Record High Before Its New iPhone 6 Arrives
Google: Its Growth and Stature
A Survey Says 36% of Americans Have No Savings for Post Retirement Years
Former Co -owners and Two Employees of Rancho Feeding Corp. Charged with Felonie
Audit Report Says Illinois Overdrew Money From Federal Medicaid
Slack in Demands Slide the Price of Homes in China
Data breach in Jewel-Osco Stores Discovered
Panama Canal Celebrates Its Centenary
SeaWorld Building Larger and Stimulating Habitats for its Orcas
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