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...Crucially, he has managed to win over key players in the travel industry. Airlines and others have long been skeptical about attempts by France and some others to levy compulsory taxes on airline tickets to pay for development aid. But the reception to this initiative has been friendly, because the donations are voluntary. "Travel is already taxed pretty highly," says Gordon Wilson, the CEO of Travelport GDS, which runs two big reservation systems, Galileo and Worldspan. But asking people if they are willing to donate is a different issue: "The overall response is that it makes people feel good about...
...issue of Lewis' honesty resurfaced this week when a judge in U.S. district court rejected a proposed settlement struck between Bank of America and the Securities and Exchange Commission (SEC) over Merrill bonuses. The SEC and Bank of America had earlier agreed that the bank would pay a $33 million penalty to settle an investigation into whether it misled shareholders about year-end payouts on the eve of a vote to approve the merger. As part of the proposed settlement, Bank of America neither admitted nor denied that it had done anything wrong...
...than major ice cream chains, and that she hoped there were no hard feelings between Stanett and herself.“He marches to the beat of his own drummer,” she said. “If he decided to remain a Herrell’s and pay his royalty and move forward with our company, we would love to have him.”For now, the Square’s assortment of ice cream and frozen yogurt shops is down to five. While Petryk said he did not expect the closing of Herrell?...
...heart. Senate Finance negotiators went back to the table and rewrote the bill to ensure not only that illegal immigrants would be prevented from receiving government subsidies to buy insurance, but that they wouldn't be able to purchase insurance on the so-called exchanges even if they could pay for it in full. The plan also tightens the rules for some legal immigrants to qualify for government subsidies on the exchange. Both points have angered Latino lawmakers, such as Representative Luis Gutierrez and Senator Bob Menendez, a New Jersey Democrat, who are seeking to modify the provisions. Health-policy...
...Americans, including childless adults who have previously not been eligible for the program. Medicaid, however, has always been a partnership between the states and the Federal Government, and Baucus wasn't willing to absorb all of the costs of expanding the program. Under his proposal, the Federal Government would pay most of the new Medicaid costs: at least 80% in wealthy states like Connecticut and up to 95% in poorer ones like Mississippi...