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Blue Cross seeks a conversion to for-profit insurer (The Star-Ledger) Horizon Blue Cross/Blue Shield of New Jersey, the state's largest health insurer, applied yesterday to become a for-profit corporation, a move it says will generate at least $1 billion for the state to support insurance subsidies and public health care improvements.
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Fed leaves interest rates unchanged (The Oklahoman) WASHINGTON — Confronted by problems at every turn — rising unemployment, shaky growth, credit troubles and creeping inflation — the Federal Reserve left an important interest rate unchanged, taking a gamble that for now the best move was no move at all. The next direction for rates probably is up, but that's not likely until next year. Fed Chairman Ben Bernanke and all but one of his central ...
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