At an estimated annual cost of about $300 billion, the American people have been suffering from the consequences of healthcare fraudsters for a long time. What Is Healthcare Fraud? Healthcare fraud comes in many forms, but can be generally defined as any crime that is committed that is involved with defrauding a health insurance policy says Dallas area criminal defense lawyer Clint Broden.
Singapore's High Court has appointed an independent supervisor to oversee the restructuring of trader Hontop Energy. The move came after Malaysian lender CIMB, its biggest creditor, raised concerns about what it described as 'suspicious' deals involving oil major BP <BP.L>, according to an affidavit filed with the court this week and reviewed by Reuters. Hontop, the trading arm of Chinese independent refiner China Wanda Holding Group Co Ltd, is one of four commodity trading firms in Singapore which ran into financial trouble as the oil price crashed.
Few things rile up American men like the cost of razor-blade cartridges. That’s why our columnist strops his razor, shaves infrequently, and is always happy to get a deal on blades.
Hang Lung Properties is delighted to have hosted the Graduation Ceremony for this year's Hang Lung Young Architects Program yesterday (July 4), bringing together over 300 students, school representatives, mentors and architect leaders for the online convocation and celebration of students'achievements. The winners of the "Sketch Your Sky" Creative Project, a key element of the program, were also announced during the ceremony. In light of the COVID-19 pandemic, this year's Program switched a series of activities, including workshops, seminars, and walking tours, from offline to online, providing over 11,000 training hours to student participants.
Britain's government will double the number of its job coaches as part of a plan to tackle a rise in unemployment triggered by the coronavirus lockdown, the finance ministry said on Saturday. The number of work coaches at British job centres will double to 27,000 at a cost of 800 million pounds ($997 million), the ministry said. Finance minister Rishi Sunak is due to announce on Wednesday his next steps for steering the world's fifth-biggest economy away from its lockdown slump which caused a 20% contraction in output in April.
Toronto, July 04, 2020 -- According to the EPA, Indoor Air Quality (IAQ) refers to air quality within and around buildings and structures. Because indoor air pollutants can.
(Bloomberg) -- Mexico surpassed France in the number of fatalities from the coronavirus outbreak, with 30,366 deaths. U.S. President Donald Trump said a vaccine remedy will be ready by the end of the year.The World Health Organization reported a one-day high for global coronavirus cases, led by the Americas, as U.S. cases rose 1.7%. Florida and Texas recorded new virus records.In India, the number of confirmed cases climbed 7.2% to 648,315 from yesterday. A sports agent said he’s confident U.S. baseball can resume, citing success in three Asia nations.Key Developments:Global Tracker: Cases top 11.1 million; Deaths exceed 528,000Cheers? English pubs shake off lockdown into uncertain worldAmericans aren’t much interested in going out and spendingJapan insists this time is different even as cases surgeLow-income U.S. households suffer inflation shock from virusSubscribe to a daily update on the virus from Bloomberg’s Prognosis team here. Click VRUS on the terminal for news and data on the coronavirus.India Cases Rise 7.2% (10 a.m. HK)The number of confirmed cases in the coronavirus outbreak in India has risen 7.2% from yesterday to 648,315, according to data collected by Johns Hopkins University and Bloomberg News.Mexico Is Now Fifth in Covid-19 Deaths (8:06 a.m. HK)Deaths in the North American country overtook France, while the number of infections rose by a daily record 6,914 to 252,165, according to data released by the Health Ministry Saturday night. Mexico also overtook Spain this week as the pandemic’s toll on the country continued to mount.Like in other Latin American countries, Mexican officials have had to balance their response to the virus with consideration for significant groups of people who must work to meet basic daily needs. President Andres Manuel Lopez Obrador has largely focused on reactivating the economy over imposing strict lockdowns.Trump Vows Vaccine, Therapeutic By Year-End (7:15 a.m. HK)President Donald Trump said a “therapeutic or vaccine solution” for the coronavirus will be ready before the end of the year, without offering any details.“We are now doing unbelievably well” on remedies, and “deep testing” on vaccines is under way, Trump said at a July 4 event at the White House. U.S. infectious disease expert Anthony Fauci has said a vaccine could be ready by early next year.“We’ve made a lot of progress, our strategy has moved along well,” Trump said of the response. “We’ve learned how to put out the flame.”Brazil Cases Rise 2.5% (6:40 a.m. HK)Brazil reported 37,923 new cases on Saturday, a 2.5% increase, for a total of 1.58 million, with 1,091 deaths, a 1.7% rise, to 64,265, according to the Health Ministry’s website.Man in 9/11 Photo Dies of Covid-19 (5:15 p.m. NY)A New York electrical engineer photographed in a crowd fleeing the smoking World Trade Center in 2001 died of the coronavirus, the Palm Beach Post reported, citing his family. Stephen Cooper, 78, died March 28 in Delray Beach, Florida, where he lived part-time. The photograph was widely published and is part of the 9/11 Memorial Museum in New York.Texas Records Record Rise (4:38 p.m. NY)Texas reported a record 8,258 new cases of Covid-19, bringing the state’s total to 191,790 as of July 4. It marked a 4.4% rise, above the seven-day average of 4.2%. The number of deaths rose by 33 to 2,608, the Department of State Health Services said on its website.U.S. Cases Rise in Line With Week’s Average (4 p.m. NY)Coronavirus cases in the U.S. increased by more than 46,000 from the same time on Friday, to 2.82 million, according to data collected by Johns Hopkins University. The 1.7% increase was below the average daily increase of 1.8% over the past week. Fatalities rose 0.3% to 129,601.Florida reported another record jump in Covid-19 cases, rising by 11,458 cases, or 6.4%. That’s compared with the seven-day average of 5.5%, for a total of 190,052 cases. Another 18 people died, the fewest since June 22, for a total of 3,702.New York, once the nation’s epicenter for the outbreak, reported a 0.2% rise in cases, in line with the past 7 days, or 726 cases. The state’s total is now 396,598. Eleven more people died, for a total of 24,896.California reported 6,510 new cases, and increase of 2.6%. In total, 254,745 people have tested positive. The number of deaths rose by 50 to 6,313. The state website warned some data might be delayed from Los Angeles County.Arizona reported 2,695 new cases, a 2.9% rise from a day earlier. It was the slowest rate of increase in five days, and below the record for daily cases set on Wednesday. Cases in the state have been rising at a 4.4% rate over the past seven days and now stand at 94,553.New Jersey reported 303 new cases, for a total of 173,033. That is a slight drop from 386 reported the day before. The state had 25 deaths, down from 58 the day before, for a total of 13,333.Trump Again Blames Testing for Case Rise (3:04 p.m. NY)President Donald Trump again blamed the amount of testing for the record rise in U.S. Covid-19 cases. “Cases, Cases, Cases! If we didn’t test so much and so successfully, we would have very few cases,” he tweeted.But many health experts point out the percentage of those testing positive is also rising. In Florida, his home state, 14% of tests on Friday came back positive -- a daily rate that has topped 10% since June 25 -- compared with his former home of New York, which had a positive rate of 1.2% on Friday.WHO Ends One Malaria Drug Trial (2:30 p.m. NY)The World Health Organization halted one of the clinical trials of hydroxychloroquine, touted by President Donald Trump for Covid-19, and lopinavir/ritonavir, accepting a steering committee recommendation.WHO set up the so-called Solidarity Trial to find a treatment for patients in hospitals, but interim results showed the two drugs did little to reduce mortality rates while not adding to the risk of death.This decision doesn’t affect possible evaluation in other studies of the two drugs in non-hospitalized patients or as pre- or post-exposure protection for Covid-19, the agency said in a statement. Trump took hydroxychloroquine in May.California Cases Rise 2.6% (2:15 p.m. NY)California reported 6,510 new Covid-19 cases, and increase of 2.6%. In total, 254,745 people in the state have tested positive. Deaths rose by 50 to 6,313. Numbers may not represent true day-over-day change as the reporting of test results can be delayed, according to the website.The Los Angeles County Department of Public Health is making improvements to its data processing systems beginning Saturday. As a result, testing data from the county won’t be included in statewide totals for the next few days. The county will continue to collect data during this time and it will be reported by the state early next week.Johnson Dad Defends Trip Despite Guidance (2 p.m. NY)The father of U.K. Prime Minister Boris Johnson defended his trip to Greece this weekend made after the government advised British citizens to avoid all but essential international travel, including to Greece.Stanley Johnson, 79, said his visit was “essential business” because he needed to “Covid-proof my property” ahead of the rental season, the Press Association reported. The elder Johnson, who owns a villa in Greece, earlier posted a picture on social media as he arrived wearing a face mask: “I didn’t put them up... in a spirit of defiance, or anything like that,” he told reporters, the PA said.Boris Johnson refused to condemn his father for the apparent breach of travel guidance during a radio call-in program on a London sation.WHO Reports Most New Cases for a Day (12:25 p.m. NY)The World Health Organization reported a record 212,326 new coronavirus cases in the 24 hours ended early Saturday, the first infection total to top 200,000. The WHO has reported more than 163,000 new cases every day for the past week, led by a rise in the Americas.The Americas region -- chiefly the U.S. and Brazil -- account for 61% of all new cases, followed by Southeast Asia, which made up 12% of the daily infections. Europe, once an epicenter for the outbreak, represented 9.3%, the WHO daily report showed. Cases in the U.S. and Brazil were 48% of the global total.The Americas make up 51% of all cases, or 5.58 million of 10.92 million, followed by Europe with 25% and the Eastern Mediterranean, including the Middle East, with 10%. The WHO total often lags behind tallies from John Hopkins University, which showed 11.13 million cases as of midday Saturday.For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
Apropos of nothing immediately apparent other than the national holiday, Kanye West took to social media Saturday night to announce that he is running for president… in 2020. "We must now realize the promise of America by trusting God, unifying our vision and building our future. I am running for president of the United States," […]
Bank of England (BoE) Governor Andrew Bailey has written a letter to lenders warning them of the challenges of negative interest rates, the Sunday Times newspaper reported. The letter said that negative rates were "one of the potential tools under active review" if the monetary policy committee decided that "more stimulus" was needed to hit the BoE's 2% inflation target, the newspaper reported https://bit.ly/38tyTq7. The report said Bailey held a meeting with heads of banks at the end of June and that negative rates were discussed in that meeting in which the governor said "every tool they have is on the table".
The coronavirus stock market rally had a strong week despite Thursday's fade. Teladoc lead new breakouts. What's next for Tesla after a blowout week?
(Bloomberg) -- Coronavirus cases in Latin America’s two biggest economies -- Brazil and Mexico -- are soaring, leaving the region with its worst recession since at least 1901.That downturn is reflected in consumer prices, with most countries now facing a rare period of disinflation as demand plunges. In May, all the major economies in the region apart from Argentina had an annual inflation rate below 3%.Data published this week for June are forecast to show year-on-year consumer price increases in Chile and Brazil holding near May’s levels while Mexico’s probably pushed just over 3% -- still well within the central bank’s target range.What Bloomberg’s Economists Say:“After two consecutive months of deflation, Brazil inflation is expected to have risen slightly in June, driven mostly by recovering gasoline prices. Elsewhere, prices remains muted: core inflation readings are threading close to zero and inflation expectations remain well below the target for this year and the next, leaving plenty of room for interest rates to remain exceptionally low.”\--Adriana Dupita, senior economistElsewhere, Malaysia and Mauritius may cut interest rates, while central banks in Israel, Australia and Peru are predicted to hold.Click here for what happened last week and below is our wrap of what else is coming up in the world economy.U.S. and CanadaIt’s a relatively light week for U.S. data with most eyes focusing on Thursday’s jobless claims data to see if a rush for unemployment benefits remains underway. That follows the JOLTS report on Tuesday which is expected to show the number of unemployed exceeding job openings, highlighting the severeness of the labor market slack. Friday sees the release of producer prices numbers which are set to show factory-gate costs remain weak.Canada’s government will release its first estimate of this year’s budget deficit on Wednesday. That’s two day before the country is expected to report another half million workers found jobs last month as pandemic-related restrictions are gradually lifted, a second straight gain that will still leave the unemployment rate at near record highs.For more, read Bloomberg Economics’ full Week Ahead for the U.S.Europe, Middle East and AfricaU.K. Chancellor Rishi Sunak is set to unveil an economic update to Parliament on Wednesday, a week after a speech by Prime Minister Boris Johnson came under criticism for failing to deliver a meaningful stimulus package. For businesses and investors alike, the key will be what the finance chief can promise in the short term to save jobs.May industrial production figures for countries including Germany, Spain and France could confirm European Central Bank policy makers’ recent comments that the euro-area recession may be bottoming out.The African Development Bank will probably make significant cuts to its growth forecasts when it releases a supplement to its January outlook on Tuesday: of sub-Saharan Africa’s five largest economies, only one, Ethiopia, is projected by the IMF to expand this year.The Bank of Israel will probably hold its main interest rate at 0.1% on Monday, although one of the six members of the monetary policy committee voted at the last meeting for a cut to zero, saying it’d be more appropriate given the magnitude of the Covid-19 crisis.The Mauritian central bank could ease policy further on Wednesday, while Serbia is expected to keep borrowing costs unchanged Thursday. Romania may hold another surprise board meeting to ease monetary policy in a bid to support the economy.For more, read Bloomberg Economics’ full Week Ahead for EMEAAsiaAustralia’s central bank will meet Tuesday with its yield curve control policy in cruise control for now. Malaysia’s central bank meets that afternoon, with most economists seeing a rate cut, according to initial survey results.China CPI and PPI data will be scrutinized on Thursday to gauge the health of domestic demand and to see whether the nation’s factories are regaining any pricing power.For more, read Bloomberg Economics’ full Week Ahead for AsiaLatin AmericaPeru’s central bank will keep its key rate at 0.25% on Thursday. That’s the same day Mexico posts the minutes of its June 25 meeting and may offer forward guidance on where board members see the lower bound and hence room for policy maneuver.In Argentina, the debt renegotiation between the government and its main bondholders approaches its third month of official talks without an agreement in sight. The week may bring additional attempts to bridge a gap that until now has been hard to close.For more, read Bloomberg Economics’ full Week Ahead for Latin AmericaFor more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
China reported eight new coronavirus cases in the mainland for July 4, compared with three cases a day earlier, the health authority said on Sunday. Six of the new infections were imported cases, according to a statement by the National Health Commission, while the capital Beijing reported two new cases. China reported seven new asymptomatic patients, up from four a day earlier.
Voters in Tokyo went to the polls on Sunday to elect their governor, with incumbent Yuriko Koike forecast to clinch a victory, as Japan's capital struggles with rebounding coronavirus infections and prepares for next year's Olympics. The metropolis accounts for 11% of Japan's population, but has represented half of the country's daily infections in recent weeks. Koike, who became Tokyo's first woman governor in 2016, saw her popularity surge this year as her straight-talking approach to the outbreak won the public's support.
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Insider Monkey has processed numerous 13F filings of hedge funds and successful value investors to create an extensive database of hedge fund holdings. The 13F filings show the hedge funds' and successful investors' positions as of the end of the first quarter. You can find articles about an individual hedge fund's trades on numerous financial […]
The latest 13F reporting period has come and gone, and Insider Monkey is again at the forefront when it comes to making use of this gold mine of data. We at Insider Monkey have plowed through 821 13F filings that hedge funds and well-known value investors are required to file by the SEC. The 13F […]