Group Health Cooperative, a Seattle institution since 1947, soon will be no more. GHC announced this morning in an e-mail to members that it has agreed to be acquired by Kaiser Permanente, a California-based nonprofit. However, the deal is subject to member and regulatory approval, and Washington In[...]
Posts Tagged ‘Business’
December 4th, 2015 - 1:17 pm § in Uncategorized
Group Health Cooperative agrees to be acquired by Kaiser Permanente
November 23rd, 2015 - 10:25 pm § in Uncategorized
Trade and jobs
The World Trade Organization was established in 1995. The graph below shows what has happened to U.S. manufacturing jobs, which usually pay better than service jobs, since then. (Data in thousands; source, U.S. Bureau of Labor Statistics. Read the article here.)[...]
November 10th, 2015 - 10:27 pm § in Politics
Breaking up the big banks
While Republicans talk about it, Elizabeth Warren does it. Read story here.[...]
November 10th, 2015 - 3:37 pm § in Uncategorized
The right to be ripped off …
Conservatives really dislike consumer protection laws, and they harbor special enmity for Elizabeth Warren’s brainchild, the federal Consumer Financial Protection Bureau. Because … you know … some of them make their living by lending money at 400% interest. They dislike her, too &#[...]
November 8th, 2015 - 1:03 am § in Uncategorized
World GDP, 1980-2015, in a chart
As you can see in the IMF chart below, the world’s economic growth rate hit a plateau in 2012 and is now stagnant. Also, China and other emerging economies have been the principal drivers of the global economy since about 2000.[...]
November 2nd, 2015 - 10:15 pm § in Politics
Homeless in Seattle
When people hear “housing crisis” now, they mostly think of soaring rents and tight rental markets, but millions of underwater mortgages are still holding back the economy (along with stagnant wages, less job security, lower quality jobs, and other economic ills). While the percentages o[...]
October 27th, 2015 - 5:44 pm § in Uncategorized
Kapitalist karma
“A pharmaceutical company announced Thursday that it plans to introduce a significantly lower-cost version of Daraprim, the drug that made headlines last month after jumping from $13.50 per pill to $750. “Imprimis Pharmaceuticals is offering a ‘customizable compounded formulations&[...]
October 26th, 2015 - 5:45 pm § in Uncategorized
The Changing Oil Market
A British Petroleum economist’s presentation at a professional conference earlier this month explains why traditional key assumptions about the oil market are changing, and what it means for the future. Among other things: High oil prices won’t return, and oil won’t run out. And, h[...]
Davey L. Whitney (1930-2015)
Davey “The Wiz”Whitney, an influential American Basketball coach, was born January 15, 1930, in Lexington, Kentucky, to parents Albert Whitney Sr. and Elizabeth Whitney. Mr. Whitney coached Alcorn St. to the first NCAA tournament win ever by an historically black university with a 70-62 vict[...]