Word: financees
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Energy and Commerce Committee chairman Henry Waxman calls the fees - which would generate about $160 million - a "critical breakthrough" to finance a newly empowered FDA. But consumer advocates are not happy about the 50% cut. "If FDA doesn't have the money, it's hard for them to do the...
At the market's high end, new funds have launched to capitalize on the opportunity to diversify into fine instruments. Florian Leonhard, a London-based violin expert and dealer, is gathering more than $50 million for the Fine Violins Fund, aiming to buy as many as 50 old Italian instruments...
• Government subsidies to help people buy insurance. Both the House and Senate approaches would require people who don't get coverage from their employers to go out and buy it on their own. And both anticipate that the government would give lower-income people subsidies to help them afford...
The biggest question unaddressed in the House outline is how they would actually pay for health-care reform. Specifically, there is no mention of an idea being kicked around in the Senate Finance Committee to impose new taxes on at least some of the employer-provided health benefits that workers...
To be sure, the financial-services business is not immune to the downturn. Many bankers have lost their jobs as their firms have faced steep losses from bad loans or just gone out of business. There are 296,500 fewer people working in banking and insurance than there were at...