Canadian phone maker BlackBerry has reported a $4.4 billion loss in its third quarter earnings report. The company has been trying to get its early leader mojo back ever since Apple and Android took over the smart phone market. Earlier this year, BlackBerry replaced its CEO and tried to find a buyer -- with little luck. But the latest report suggests BlackBerry's new goal is to get some distance from the idea that it's a company that makes phones. Ramon Lamas is a mobile analyst with IDC. He tells Marketplace Tech about BlackBerry's next steps.
This summer, Angelina Jolie announced that she had both her breasts removed to reduce her risk of breast cancer. Her story got a lot of people talking. But they didn't necessarily learn more about the genetics of breast cancer risk.
This summer, Angelina Jolie announced that she had both her breasts removed in order to reduce her risk of breast cancer. Her story got a lot of people talking. But they didn't necessarily learn more about the genetics of breast cancer risk.
The White House has announced that it will let some of the 5 or 6 million people who lost their health insurance because of federal requirements, enroll in so-called catastrophic health care plans.
Catastrophic plans are very bare bones. The deductible is more than $6,000. They only allow three primary care visits a year. To get one, you used to have to be under 30 years old, or demonstrate financial hardship.
“It’s a patch obviously,” says JB Silvers, who teaches health care finance at Case Western Reserve University. “From the insurance companies’ point of view, it’s a terrible idea. They set their rates on the basis of who they think is going to enroll which is basically under-30s who aren’t going to use health care very much.”
But while most people who lost old plans will be able to buy in to one of the mainstream federal plans -- bronze, silver, or gold -- the Obama administration doesn’t want anyone falling through the cracks, says Dan Mendelson, CEO of Avalere Health, a healthcare advisory firm.
“At the end of the day, they’re going to be judged on the number of people who are enrolled and everything is calibrated to facilitate that goal.”
Today, the government revised upward its standard measure of the economy. The GDP measures dollars changing hands and there was more of that last quarter than first realized, with GDP rising at a 4.1 percent rate, when annualized.
Hollywood doesn’t want free trade to mean free, illegal downloads of movies. Or bootleg sales. Anissa Brennan, vice president for International Affairs and Trade Policy at the Motion Picture Association of America, wants the treaty to follow U.S. law, which doesn’t allow movie goers to film what’s on the screen, then sell illegal copies.
The global price of the digital currency Bitcoin went on a roller coaster ride this week when the world’s biggest Bitcoin exchange was forced by China’s government to stop accepting deposits. Up to now, the exchange, BTC China, was the trading epicenter for the Bitcoin economy.
People whose health policies were canceled get hardship exemptions that excuse them from penalties. They'll also have the option to buy catastrophic coverage. These little-noticed plans cover only three primary care visits, specified preventive services and medical costs that exceed a high minimum.
The former Massachusetts Republican senator's monthslong flirtation with Granite State voters has powered plenty of speculation, and Thursday's event only fanned it.
After a 2012 scandal involving some Secret Service personnel conduct in Colombia, Homeland Security's inspector general launched an investigation into the agency's culture.
Confusion has surrounded the departure of a group of Greek Orthodox nuns from a convent north of Damascus earlier this month. Syrian officials say radical Islamist rebels kidnapped the nuns at gunpoint. But a rebel leader who was there says the nuns' convent was under fire from government forces.