Despite claims to the contrary, a insightful economic analysis suggests that it wouldn't be in most employers' business interests to stop providing health insurance when the main coverage provisions of the federal health overhaul kick in.
<p>At least 80 business owners have abandoned factories like this one in Wenzhou, China's entrepreneurial capital, because they have run up exorbitant debts to the city's loan sharks and underground lenders.</p>
In recent weeks, at least 80 business owners have fled Wenzhou in eastern China and gone into hiding because they can't pay crushing debts to the city's empire of underground lending firms and loan sharks.
Chinese Premier Wen Jiabao became so concerned that he flew to Wenzhou earlier in October to try to keep the problem from spreading.
The city's credit crisis highlights some of the flaws — and potential risks — of the banking system in the world's second-largest economy.
Home prices rose slightly in August, according to the latest data from the S&P/Case-Shiller index. They're still down compared to August 2010, and way down from their pre-recession peak in 2006. But it's good-ish news, reports the AP:
The debate over regulation has been in the news lately, because it's been a point of conversation among the 2012 presidential candidates. The Republicans have said that over-regulation has kept businesses from expanding and creating jobs. But a new report from the World Bank that measures business regulation is throwing some cold water on the side that thinks the U.S. is a hostile place for business.
If you thought the HPV vaccine against cervical cancer was controversial before, things are just warming up.
A panel of experts that advises the Centers for Disease Control and Prevention on vaccine policies has recommended routine vaccination of 11- and 12-year-old boys with Gardasil, Merck's vaccine against human papillomavirus. Vaccinations could start as early as age 9 and extend to 21-year-old men who weren't previously vaccinated.
Originally published on Tue October 25, 2011 12:22 pm
After a year-long survey, the World Wildlife Foundation has come to the conclusion that there are no more rhinoceros left in Vietnam. Specifically, the Javan rhino has disappeared from Cat Tien National Park, one of two of its remaining habitats in the world.
The WWF took dung samples from 2009 to 2010 and through genetic analysis they found the 22 samples belonged to a rhino that was found dead in the national preserve in 2010. That rhino was found with a bullet in its leg and with its horn cut off.