The U.S. automaker that didn’t ask for a government bailout is taking a big step toward paying off more of its debt. Ford Motor Company is paying nearly $4 billion in cash that it owes to a health care trust fund for its union workers. The move will save the company half a billion dollars a year in interest payments. Ford has the best performance of U.S. automakers, posting a profit for four consecutive quarters. Source Link
The government is taking a new approach to combating the piracy of movies on the Internet. The U.S. Immigration and Customs Enforcement Agency has seized nine popular Internet web addresses where investigators say first-run feature films were being shown illegally. Prosecutors say the effort will protect jobs, income and tax revenue that disappears when organized criminals traffic in stolen movies. Source Link
A new survey of doctors supports what many say is a key reason why the cost of healthcare is rising. Nine out of ten doctors surveyed say they perform more tests than patients need in order to protect themselves against the risk of being sued. The same study shows that an overwhelming majority of physicians also support tort reform to decrease malpractice lawsuits. Source Link
The government is taking a new approach to combating the piracy of movies on the Internet. The U.S. Immigration and Customs Enforcement Agency has seized nine popular Internet web addresses where investigators say first-run feature films were being shown illegally. Prosecutors say the effort will protect jobs, income and tax revenue that disappears when organized criminals traffic in stolen movies. Source Link
A new survey of doctors supports what many say is a key reason why the cost of healthcare is rising. Nine out of ten doctors surveyed say they perform more tests than patients need in order to protect themselves against the risk of being sued. The same study shows that an overwhelming majority of physicians also support tort reform to decrease malpractice lawsuits. Source Link