Word: slump
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...economic slump is not the only reason people are finding it tougher to afford health care. While managed-care companies used to have the economic clout to force doctors and hospitals to take the rates they offered, a round of hospital closings and mergers has given the providers more bargaining power. And consumer anger--fueled by horror stories of insurance-company bureaucrats denying lifesaving drugs and medical procedures--has forced HMOs to ease restrictions that helped hold insurance prices down. What's more, growing numbers of businesses and consumers are abandoning HMOs. In California, the state that pioneered managed care...
...That means minimizing risk through diversification and special vehicles like TAG's relative value arbitrage fund, which takes virtually no market risk yet profits by capturing tiny price discrepancies between, say, a company's convertible bonds and its common stock. That fund rose 10% amid last year's market slump...
After a lackluster 4-1 loss at Clarkson last Friday, Harvard appeared to finally break out of its slump against St. Lawrence the following night. Trailing 3-0 entering the third period, Harvard played perhaps its best hockey since early January, scoring three straight goals to skate away with a 3-3 tie that felt more like...
...Development is a sensitive topic in Penang these days. In recent years the island once described by British colonials as the Pearl of the Orient has staked its fortunes on high tech at the expense of its unique natural and cultural assets. With the computer-chip industry in a slump, Penang's residents are now wondering if their enthusiasm was misguided, and whether they can lure tourists back to their beaches and historical treasures. Malaysia's Prime Minister Mahathir Mohamad, whose penchant for progress inspired much of the high-tech push, did not help their cause when he called Penang...
...application pool was a little more competitive than most years due in part to a slump in the economy,” Walsh said...