Financial services

FILE- In this Oct. 26, 2018, file photo Health and Human Services Secretary Alex Azar speaks about proposed reforms to Medicare Part B drug pricing policies at the Brookings Institute in Washington. The Trump administration says it is moving ahead with a plan to let patients directly receive prescription drug discounts negotiated behind-the-scenes between drugmakers, middlemen, and insurers. Azar said Thursday, Jan. 31, 2019, the proposed regulation would encourage the major industry players to channel any such discounts to consumers when they purchase their prescriptions. (AP Photo/Alex Brandon, File)
February 01, 2019 - 1:16 pm
WASHINGTON (AP) — The Trump administration's top health official asked Congress on Friday to pass its new prescription drug discount plan and provide it to all patients, not just those covered by government programs like Medicare. The plan would take now-hidden rebates among industry players like...
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FILE - In this March 31, 2016, file photo provided by the Bangko Sentral ng Pilipinas, from left; Second Secretary of the Bangladesh Embassy in Manila Probash Lamarong, Anti-Money Laundering Council (AMLC) Director Julia Bacay-Abad and AMLC Member Emmanuel Dooc opens a case containing US dollars that was returned by Chinese casino junket operator Kam Sin Wong to Bangladesh and Philippine AMLC officials in Manila, Philippines. Bangladesh's central bank has filed a lawsuit in the U.S. District Court for the Southern District of New York against Philippine private bank over the heist of $81 million from Bangladesh Bank's account with the Federal Reserve Bank of New York. The head of Bangladesh Bank's Finance Intelligence Unit confirmed the lawsuit against the Rizal Commercial Banking Corp. (Jason Arlan Raval/Bangko Sentral ng Pilipinas via AP)
February 01, 2019 - 2:39 am
DHAKA, Bangladesh (AP) — Bangladesh's central bank has filed a lawsuit in a New York court against a Philippine bank, seeking damages and the return of $81 million stolen from its account with the Federal Reserve Bank of New York in 2016, an official said Friday. Abu Hena Mohd. Rajee Hassan, head...
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FILE- In this Oct. 26, 2018, file photo Health and Human Services Secretary Alex Azar speaks about proposed reforms to Medicare Part B drug pricing policies at the Brookings Institute in Washington. The Trump administration says it is moving ahead with a plan to let patients directly receive prescription drug discounts negotiated behind-the-scenes between drugmakers, middlemen, and insurers. Azar said Thursday, Jan. 31, 2019, the proposed regulation would encourage the major industry players to channel any such discounts to consumers when they purchase their prescriptions. (AP Photo/Alex Brandon, File)
January 31, 2019 - 7:55 pm
WASHINGTON (AP) — The Trump administration Thursday unveiled a plan to channel now-hidden prescription drug rebates directly to patients, saying it would bypass middlemen and lower prices for consumers. The proposed regulation from Health and Human Services Secretary Alex Azar would eliminate...
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January 31, 2019 - 7:44 pm
WASHINGTON (AP) — President Donald Trump has met with Herman Cain about an opening on the Federal Reserve's board of governors. A person familiar with the conversations downplayed the Wednesday meeting at the White House and pointed out the president is looking at multiple candidates for openings...
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A man walks past an electronic stock board showing Japan's Nikkei 225 index at a securities firm in Tokyo Thursday, Jan. 31, 2019. Shares rose in Asia on Thursday after a survey of Chinese manufacturers showed factory activity improved slightly in December. (AP Photo/Eugene Hoshiko)
January 31, 2019 - 7:23 am
BANGKOK (AP) — Stock markets mostly rose Thursday after the U.S. Federal Reserve signaled it would be cautious in raising interest rates and as investors monitor U.S-China trade talks. Economic data was mixed, with one survey pointing to improved Chinese manufacturing but another showing a slowdown...
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A man rides a bicycle past an electronic stock board showing Japan's Nikkei 225 index at a securities firm in Tokyo Thursday, Jan. 31, 2019. Shares rose in Asia on Thursday after a survey of Chinese manufacturers showed factory activity improved slightly in December. (AP Photo/Eugene Hoshiko)
January 30, 2019 - 10:53 pm
BANGKOK (AP) — Shares rose in Asia on Thursday after a survey of Chinese manufacturers showed factory activity improved slightly in December. KEEPING SCORE: Japan's Nikkei 225 index surged 1.3 percent to 20,833.59 and the Hang Seng in Hong Kong also gained 1.3 percent, to 28,001.17. South Korea's...
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File - In this Jan. 29, 2019, file photo, a man crosses the street in front of a Pacific Gas and Electric building in San Francisco. Roughly 1,000 lawsuits representing thousands of people, companies, cities and counties that have been filed since late 2017 demanding that Pacific Gas & Electric Corporation pay for wildfire damages. They range from a rancher's $3,000 small claims complaint to insurance companies' demands for billions of dollars to reimburse their payouts to policyholders. (AP Photo/Jeff Chiu, file)
January 30, 2019 - 6:46 pm
SAN FRANCISCO (AP) — Lon Walker blames Pacific Gas & Electric Co. for starting a wildfire that killed his wife Ellen and destroyed their home near the California city of Paradise. Butte County cites PG&E for the same Nov. 8 fire that destroyed parks, schools and myriad other public property...
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January 30, 2019 - 6:24 pm
NEW YORK (AP) — A former Oklahoma State assistant basketball coach pleaded guilty Wednesday to taking bribes from business advisers to steer them to star college athletes expected to turn pro. Lamont Evans, 41, entered the plea in New York federal court to conspiring to commit bribery. He admitted...
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FILE - In this Dec. 19, 2018, file photo, Federal Reserve Chairman Jerome Powell speaks at a news conference in Washington DC. With the Federal Reserve considered sure to leave interest rates unchanged Wednesday, investors will be looking to hear Powell sound a reassuring theme that a pause in the Fed’s rate hikes could last a while. (AP Photo/Susan Walsh, File)
January 30, 2019 - 6:03 pm
WASHINGTON (AP) — The Federal Reserve held its benchmark interest rate steady Wednesday and sent its strongest signal to date that it sees no need to raise rates anytime soon. Its message ignited a rally on Wall Street, which cheered the prospect of continued modest borrowing rates for the near...
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January 30, 2019 - 2:59 pm
WASHINGTON (AP) — The Latest on the Federal Reserve's monetary policy meeting (all times local): 3 p.m. Federal Reserve Chairman Jerome Powell says U.S. central bank officials discussed the possibility of ending the reduction of the Fed balance sheet. Powell told reporters that no decision had been...
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