WASHINGTON (Reuters) - Companies are cutting healthcare costs further amid a continuing sour economy, scaling back benefits and shifting a greater share of the expense to employees.
The findings, published on Thursday, come as the congressional campaign heats up over the nation's stagnant economic growth and whether recently passed healthcare ...More
HOUSTON (Reuters) - An oil and gas facility owned by Mariner Energy Inc off the coast of Louisiana was on fire Thursday, and the U.S. Coast Guard said it was working to rescue 13 workers.
"Thirteen out of 13 are accounted for and it's still burning," said a spokesman ...More
HOUSTON (Reuters) - BP Plc said it had begun removing a cap from equipment atop its ruptured Gulf of Mexico oil well on Thursday, the first of several steps in advance of plugging the leak for good.
"We expect that to happen this afternoon," spokesman Scott Dean said.
The cap has ...More
BANGALORE (Reuters) - Bankruptcies filings by consumers fell 8 percent in August but still remained on track to top 1.6 million filings in 2010, according to a report by the American Bankruptcy Institute (ABI).
"While monthly filings are volatile, consumer bankruptcies are still the highest they have been since Congress ...More
HOUSTON (Reuters) - BP Plc expects to remove a failed blowout preventer atop its ruptured Gulf of Mexico oil well by Saturday or Sunday and later plug the leak for good, the top U.S. official overseeing the spill response said on Wednesday.
"We believe in the next 24 to 36 ...More
WASHINGTON (Reuters) - U.S. communications regulators on Wednesday put off a controversial decision on Internet traffic rules, giving industry and consumer groups a chance to forge a compromise while avoiding a politically sensitive issue ahead of the November elections.
The Federal Communications Commission has been prodding phone, cable and Internet ...More
NEW YORK (Reuters) - New York City Muslims declared themselves just as American as opponents of an Islamic cultural center and mosque near the World Trade Center on Wednesday in a bid to seize control of a debate they appear to be losing.
Leaders of some 55 New York mosques and ...More
NEW YORK (Reuters) - The future of an 80-acre New York apartment complex will be at stake on Thursday as a judge considers whether a venture led by a prominent hedge fund investor may conduct a foreclosure auction.
William Ackman's Pershing Square Capital Management LP and Boston-based Winthrop Realty Trust ...More