Word: nationalizations
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...cares what the First Lady wears? The stock market, for one. Since the Inauguration, every time Michelle Obama has worn a J. Crew outfit, the company's stock has enjoyed a boost, and the items she has chosen have sold out. Michelle's sleeveless dresses have sparked a national dialogue about appropriateness, and her decision to wear a cardigan sweater to visit Queen Elizabeth provoked an international debate about etiquette. But watching the attire of the nation's First Ladies is hardly a new sport. Pat Nixon's cloth coat and Jackie Kennedy's pillbox hats provoked plenty of conversation...
...some accounts, the next 10 years will see as many as 1.6 million electric or plug-in hybrid vehicles zipping around the state, in what is shaping up to be the nation's e-car proving ground. But in the 1990s a similar optimism hit here too, only to fizzle as gas prices plummeted and gas-guzzling SUVs took over the auto market with a vengeance. (See the history of the electric...
...July 15, one of the nation's largest lenders to small businesses, CIT, said the government was unlikely to save it from bankruptcy. The company could still find a private investor to swoop in and rescue the firm. By some estimates, CIT has to find as much as $6 billion in new capital - and fast - to keep the lights on, and in this economy, most investors are betting that's not likely. CIT shares have fallen 90% this year, and traded around 40 cents on Thursday. A bankruptcy, some say, could come before the weekend. And that has many people...
...Experts say that this dwindling supply of primary care doctors, largely due to the traditionally unappealing pay and work hours for those in the field, has exacerbated a crisis in the nation's health care system, which is already dealing with tens of millions of aging baby boomers and uninsured Americans. Increasing the number of primary care doctors and researchers is seen as vital to supporting a reformed national health care system, as well as improving patients' everyday health...
...central to an effective health care system. Where primary care is strong, the data shows that costs are lower, outcomes are better, and there's less disparity of care," said Allan H. Goroll, a professor at MGH and a general internist at Mass. General Hospital, where he initiated the nation's first residency track in primary care internal medicine. He also said that while the financing of health care reform may be controversial, the need to strengthen and reform primary care is well-recognized and enjoys bipartisan support...