The Supreme Court's ruling in King vs. Burwell on Thursday drew outrage aplenty from Obamacare opponents, who had come to view the plaintiffs' fanciful legal claims as a hammer that would finally break the glass around the law. By ruling that federal subsidies are, in fact, available in every state,...
Reported by L.A. Times 7 hours ago.
Will states create health insurance exchanges after King vs. Burwell?
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Why Was Health Law Written That Way?
Even after the Supreme Court upheld health-insurance subsidies in all states, the question remains: Why did Congress use the phrase “established by the State” in the first place?
Reported by Wall Street Journal 2 hours ago.
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An Open Letter to the Supreme Court Justices on the Obamacare Ruling
*An Open Letter to Justices John G. Roberts, Jr., Stephen G. Breyer, Ruth Bader Ginsburg, Elena Kagan, Anthony M. Kennedy, and Sonia Sotomayor.*
In my 32 years serving the people of California in Congress, I have never written to Supreme Court Justices. But your ruling in the King v. Burwell case was so momentous and so important for America's families, I felt compelled to write and share my gratitude for this decision.
The stakes in this case were enormous. If the plaintiffs had prevailed, nearly 6.4 million Americans in 34 states would have lost the tax credits they rely on to provide health insurance for themselves and their families, and faced an average $3,200 tax hike. Many would have been forced to go without health insurance.
Eliminating these tax credits would not only have undermined the entire Affordable Care Act, it would have put the health and lives of Americans at risk. As the American Hospital Association warned in its amicus brief, a ruling for the plaintiffs would have been "a disaster for millions of lower and middle-income Americans" and "the ranks of the uninsured [would] swell again, with all that portends in the way of untreated illness and overwhelming debt."
The reason we passed the Affordable Care Act was simple - so that every American could have the security of knowing their health care would be there when they needed it most. No one should ever have to go to sleep at night worried that their child won't get the treatments they need, or that an accident or illness will bankrupt their entire family.
Your opinion, which was eloquent in its simplicity, clearly recognized Congress' intent. As you wrote, "Congress passed the Affordable Care Act to improve health insurance markets, not to destroy them." I could not agree more.
When we passed this historic law back in 2010, we stated our intent clearly. We had exactly 60 members of the Democratic caucus in the Senate, and each of us knew precisely what the law would do - ensure that middle-class Americans, regardless of what state they lived in, would have access to the tax credits they needed to afford health care. If governors did not want to set up their own health insurance exchange, they could rely on the federal exchange and still offer their residents the full benefit of the law.
We knew these tax credits were essential to all the other reforms in the law - such as ending discrimination against those with preexisting conditions, ensuring women are not charged more for their coverage because they are women, and guaranteeing Americans access to life-saving preventive health services like annual exams and cancer screenings.
These tax credits have now made it possible for more than 9 million men, women, and children to have health care coverage - some for the first time ever. We know this coverage is saving lives.
Take David Tedrow of Durham, North Carolina. Without the benefit of these tax credits - which helped him afford health insurance - he never would have been able to get the liver transplant he needed to save his life. He wrote recently that these tax credits were "the difference between life and death."
I want to thank you for making a decision that put the welfare of Americans like David Tedrow ahead of partisan politics. I want to thank you for taking the time to recognize Congress' true intent. And I want to thank you for ensuring that millions of Americans will be able go to sleep tonight knowing their health insurance will be there when they need it.
Sincerely,Barbara Boxer
United States Senator
-- This feed and its contents are the property of The Huffington Post, and use is subject to our terms. It may be used for personal consumption, but may not be distributed on a website. Reported by Huffington Post 7 hours ago.
In my 32 years serving the people of California in Congress, I have never written to Supreme Court Justices. But your ruling in the King v. Burwell case was so momentous and so important for America's families, I felt compelled to write and share my gratitude for this decision.
The stakes in this case were enormous. If the plaintiffs had prevailed, nearly 6.4 million Americans in 34 states would have lost the tax credits they rely on to provide health insurance for themselves and their families, and faced an average $3,200 tax hike. Many would have been forced to go without health insurance.
Eliminating these tax credits would not only have undermined the entire Affordable Care Act, it would have put the health and lives of Americans at risk. As the American Hospital Association warned in its amicus brief, a ruling for the plaintiffs would have been "a disaster for millions of lower and middle-income Americans" and "the ranks of the uninsured [would] swell again, with all that portends in the way of untreated illness and overwhelming debt."
The reason we passed the Affordable Care Act was simple - so that every American could have the security of knowing their health care would be there when they needed it most. No one should ever have to go to sleep at night worried that their child won't get the treatments they need, or that an accident or illness will bankrupt their entire family.
Your opinion, which was eloquent in its simplicity, clearly recognized Congress' intent. As you wrote, "Congress passed the Affordable Care Act to improve health insurance markets, not to destroy them." I could not agree more.
When we passed this historic law back in 2010, we stated our intent clearly. We had exactly 60 members of the Democratic caucus in the Senate, and each of us knew precisely what the law would do - ensure that middle-class Americans, regardless of what state they lived in, would have access to the tax credits they needed to afford health care. If governors did not want to set up their own health insurance exchange, they could rely on the federal exchange and still offer their residents the full benefit of the law.
We knew these tax credits were essential to all the other reforms in the law - such as ending discrimination against those with preexisting conditions, ensuring women are not charged more for their coverage because they are women, and guaranteeing Americans access to life-saving preventive health services like annual exams and cancer screenings.
These tax credits have now made it possible for more than 9 million men, women, and children to have health care coverage - some for the first time ever. We know this coverage is saving lives.
Take David Tedrow of Durham, North Carolina. Without the benefit of these tax credits - which helped him afford health insurance - he never would have been able to get the liver transplant he needed to save his life. He wrote recently that these tax credits were "the difference between life and death."
I want to thank you for making a decision that put the welfare of Americans like David Tedrow ahead of partisan politics. I want to thank you for taking the time to recognize Congress' true intent. And I want to thank you for ensuring that millions of Americans will be able go to sleep tonight knowing their health insurance will be there when they need it.
Sincerely,Barbara Boxer
United States Senator
-- This feed and its contents are the property of The Huffington Post, and use is subject to our terms. It may be used for personal consumption, but may not be distributed on a website. Reported by Huffington Post 7 hours ago.
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A clean bill of healthcare
The Supreme Court sided with common sense over ideology Thursday when it ruled that Congress intended all low-income Americans to be eligible for subsidized health insurance under the 2010 Patient Protection and Affordable Care Act. And contrary to what opponents of the healthcare law argued, the...
Reported by L.A. Times 7 hours ago.
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Ruling Keeps Coverage For Floridians, But Doesn’t End Debate
The U.S. Supreme Court upheld a crucial interpretation of the Affordable Care Act on Thursday, preserving health insurance for more than 1 million Floridians but providing no larger solutions to the national or statewide divisions on the law.
Reported by cbs4.com 6 hours ago.
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Heartland Institute Experts React to Obamacare Decision by Supreme Court
By a vote of 6–3 the United States Supreme Court today ruled in favor of the Obama administration in King v. Burwell, a case that challenged the federal government’s authority to provide subsidies for the purchase of health insurance for Obamacare in states that did not set up exchanges.
CHICAGO, IL (PRWEB) June 25, 2015
By a vote of 6–3 the United States Supreme Court today ruled in favor of the Obama administration in King v. Burwell, a case that challenged the federal government’s authority to provide subsidies for the purchase of health insurance for Obamacare in states that did not set up exchanges.
The following statements from health care policy experts at The Heartland Institute – a free-market think tank – may be used for attribution. For more comments, refer to the contact information below. To book a Heartland guest on your program, please contact Director of Communications Jim Lakely at jlakely(at)heartland(dot)org and (cell) 312/731-9364.
“The Supreme Court today put its stamp of approval on President Obama rewriting the law as he chooses. The Separation of Powers has fallen, the rule of law has fallen, the Supreme Court has fallen. President Obama now has the power to rule by decree.”
Peter Ferrara
Senior Fellow
The Heartland Institute
peterferrara(at)msn(dot)com
312/377-4000
Mr. Ferrara is the author of "The Obamacare Disaster."
“Today’s decision reflects the priorities of this politicized Supreme Court, which is willing to go to ridiculous lengths and offer ‘pure applesauce’ to justify protecting President Obama’s signature health care law. The ruling concedes that this case was justified by plain text reading, but goes to absurd effort to justify the continuation of Obamacare’s regime of subsidies and taxes. This reflects accurately the state of affairs in Washington, which operates under the rule of men, not of laws.
“But as a practical matter, opponents of this law should not be disappointed in this ruling. It would’ve only undone a portion of Obamacare’s unconstitutional activity, and with the case going the way it has, it avoids a circumstance where Republicans would’ve felt pressure to sustain the subsidies and put their fingerprints on this law. Now those who favor free markets have an opportunity to make their case in a clean circumstance, where their opponents own the entirety of Obamacare’s unpopular status quo.”
Benjamin Domenech
Senior Fellow, Health Care Policy
The Heartland Institute
Publisher, The Federalist
ben(at)thefederalist(dot)com
312/377-4000
“When is a penalty a ‘tax’ and a ‘State’ not a ‘State?’ When Chief Justice Roberts says so, that’s when. In ruling once again to uphold an unconstitutional statute in the cause of political expediency, the Chief has wandered so far through Alice in Wonderland’s Looking Glass that he may never return.
“Merely ten days after the 800th anniversary of the Magna Carta, this is a sad day for the rule of law.”
David Applegate
Senior Fellow, Legal Affairs
The Heartland Institute
DLA(at)willmont(dot)com
312/377-4000
“As the current decision shows, both the nation’s Executive Branch and the Judicial Branch are actively and openly rewriting laws, in defiance of their constitutional limitations. This is the very opposite of what the nation’s founders wanted in establishing the separation of powers. That principle was established in order to limit the power of the national government, whereas today’s Congress, courts, and presidents use it to expand their powers. This is another of many sad days for this nation in recent years.”
S.T. Karnick
Director of Research
The Heartland Institute
stkarnick(at)gmail(dot)com
312/377-4000
“After today’s ruling by the Supreme Court in King v. Burwell, it appears Americans are now stuck with Obamacare until it finally collapses under its own weight, but not before it plunges the market for private health insurance into chaos. This will no doubt cause the federal government to step in and create a single-payer health care rationing system run by the Democrats and the federal government, which was Obama’s plan all along when he inflicted his massive health care deform bill upon us.”
Kenneth Artz
Research Fellow, Health Care Policy
Managing Editor, Health Care News
iamkenartz(at)hotmail(dot)com
312/377-4000
“King v. Burwell was a surprising interpretation of language. As Chief Justice Roberts said in his opinion, ‘The Affordable Care Act contains more than a few examples of inartful drafting. (To cite just one, the Act creates three separate Section 1563s.)’
“The Act defines ‘state exchange’ to include any exchange that a state establishes, or a U.S. territory establishes, or the District of Columbia establishes. The Chief Justice now tells us that ‘state’ means ‘federal’ too. Why? Because Congress approved a sloppy law (one that many members of Congress apparently never read), so the Court can now amend the language; as Chief Justice Roberts reasoned, ‘Congress passed the Affordable Care Act to improve health insurance markets, not to destroy them.’
“Expect other federal courts to amend other legislation by saying that one word really means another word. As the dissent pointed out, words ‘no longer have meaning if an Exchange that is not established by a State is ‘established by the State.’”
Ronald D. Rotunda
The Doy & Dee Henley Chair and Distinguished Professor of Jurisprudence
Chapman University
rrotunda(at)chapman(dot)edu
312/377-4000
“Today the Supreme Court has wiped away any illusion that it decides cases strictly based on the Constitution and relevant statutes. The long-standing principle that statutes are decided based on the language in the statute — and that only in case of ambiguity do you allow evidence about intent — has been discarded in favor of a holistic search for what the Congress must have meant or should have meant in clear and unambiguous language. The Supreme Court is now a fully political body doing the bidding of whichever party happens to be in power.”
Paul Fisher
Senior Fellow, Legal Affairs
The Heartland Institute
media(at)heartland(dot)org
312/377-4000
“As Justice Scalia points out in his brilliant, scathing dissent, the U.S. Supreme Court has turned somersaults to ‘defend the indefensible’ and uphold Obamacare at any cost to the rule of law. In deciding that ‘established by the State’ means the same thing as ‘not established by the State,’ it brings to three the number of major provisions it has rewritten to sustain the abomination of Obamacare.
“If Congress made a ‘drafting error’ and really wants taxpayers to have to fund unaffordable premiums in the 34 states that declined to establish an Exchange, it could simply amend the law. It might not, however, want to take responsibility for the damage that people suffer from the mandates tied to those subsidies.
“Congress is the only body with the constitutional authority to legislate, precisely because it is accountable to the people. The executive branch, including the IRS, has usurped that power, as have unaccountable Justices with lifelong tenure.
“Neither Obama nor the Supreme Court can turn back the tide or repeal the laws of economics. They cannot make the unaffordable affordable, nor can they print medical care. They can, however, inflict and prolong a lot of misery, while redistributing costs, pain, and blame.”
Dr. Jane M. Orient, M.D.
Executive Director, Association of American Physicians and Surgeons
Policy Advisor, Health Care Policy
The Heartland Institute
janeorientmd(at)gmail(dot)com
312/377-4000
“This case is about the conflict between the rule of law and what amounts to economic central planning. Any massive centralized control of an economic sector requires flexibility – the kind that is in tension with the rule of law, which requires the government to abide by statutes even when they are unwise. It is hard to draft a perfect statute to govern a whole economic sector; mistakes will always be made. But if the president can effectively rewrite legislation to make it better, he has become an all-powerful ruler, and the separation of powers is destroyed.”
Eugene Kontorovich
Professor of Law, Northwestern University
Policy Advisor, The Heartland Institute
e-kontorovich(at)law.northwestern(dot)edu
312/377-4000
The Heartland Institute is a 31-year-old national nonprofit organization headquartered in Chicago, Illinois. Its mission is to discover, develop, and promote free-market solutions to social and economic problems. For more information, visit our website or call 312/377-4000. Reported by PRWeb 6 hours ago.
CHICAGO, IL (PRWEB) June 25, 2015
By a vote of 6–3 the United States Supreme Court today ruled in favor of the Obama administration in King v. Burwell, a case that challenged the federal government’s authority to provide subsidies for the purchase of health insurance for Obamacare in states that did not set up exchanges.
The following statements from health care policy experts at The Heartland Institute – a free-market think tank – may be used for attribution. For more comments, refer to the contact information below. To book a Heartland guest on your program, please contact Director of Communications Jim Lakely at jlakely(at)heartland(dot)org and (cell) 312/731-9364.
“The Supreme Court today put its stamp of approval on President Obama rewriting the law as he chooses. The Separation of Powers has fallen, the rule of law has fallen, the Supreme Court has fallen. President Obama now has the power to rule by decree.”
Peter Ferrara
Senior Fellow
The Heartland Institute
peterferrara(at)msn(dot)com
312/377-4000
Mr. Ferrara is the author of "The Obamacare Disaster."
“Today’s decision reflects the priorities of this politicized Supreme Court, which is willing to go to ridiculous lengths and offer ‘pure applesauce’ to justify protecting President Obama’s signature health care law. The ruling concedes that this case was justified by plain text reading, but goes to absurd effort to justify the continuation of Obamacare’s regime of subsidies and taxes. This reflects accurately the state of affairs in Washington, which operates under the rule of men, not of laws.
“But as a practical matter, opponents of this law should not be disappointed in this ruling. It would’ve only undone a portion of Obamacare’s unconstitutional activity, and with the case going the way it has, it avoids a circumstance where Republicans would’ve felt pressure to sustain the subsidies and put their fingerprints on this law. Now those who favor free markets have an opportunity to make their case in a clean circumstance, where their opponents own the entirety of Obamacare’s unpopular status quo.”
Benjamin Domenech
Senior Fellow, Health Care Policy
The Heartland Institute
Publisher, The Federalist
ben(at)thefederalist(dot)com
312/377-4000
“When is a penalty a ‘tax’ and a ‘State’ not a ‘State?’ When Chief Justice Roberts says so, that’s when. In ruling once again to uphold an unconstitutional statute in the cause of political expediency, the Chief has wandered so far through Alice in Wonderland’s Looking Glass that he may never return.
“Merely ten days after the 800th anniversary of the Magna Carta, this is a sad day for the rule of law.”
David Applegate
Senior Fellow, Legal Affairs
The Heartland Institute
DLA(at)willmont(dot)com
312/377-4000
“As the current decision shows, both the nation’s Executive Branch and the Judicial Branch are actively and openly rewriting laws, in defiance of their constitutional limitations. This is the very opposite of what the nation’s founders wanted in establishing the separation of powers. That principle was established in order to limit the power of the national government, whereas today’s Congress, courts, and presidents use it to expand their powers. This is another of many sad days for this nation in recent years.”
S.T. Karnick
Director of Research
The Heartland Institute
stkarnick(at)gmail(dot)com
312/377-4000
“After today’s ruling by the Supreme Court in King v. Burwell, it appears Americans are now stuck with Obamacare until it finally collapses under its own weight, but not before it plunges the market for private health insurance into chaos. This will no doubt cause the federal government to step in and create a single-payer health care rationing system run by the Democrats and the federal government, which was Obama’s plan all along when he inflicted his massive health care deform bill upon us.”
Kenneth Artz
Research Fellow, Health Care Policy
Managing Editor, Health Care News
iamkenartz(at)hotmail(dot)com
312/377-4000
“King v. Burwell was a surprising interpretation of language. As Chief Justice Roberts said in his opinion, ‘The Affordable Care Act contains more than a few examples of inartful drafting. (To cite just one, the Act creates three separate Section 1563s.)’
“The Act defines ‘state exchange’ to include any exchange that a state establishes, or a U.S. territory establishes, or the District of Columbia establishes. The Chief Justice now tells us that ‘state’ means ‘federal’ too. Why? Because Congress approved a sloppy law (one that many members of Congress apparently never read), so the Court can now amend the language; as Chief Justice Roberts reasoned, ‘Congress passed the Affordable Care Act to improve health insurance markets, not to destroy them.’
“Expect other federal courts to amend other legislation by saying that one word really means another word. As the dissent pointed out, words ‘no longer have meaning if an Exchange that is not established by a State is ‘established by the State.’”
Ronald D. Rotunda
The Doy & Dee Henley Chair and Distinguished Professor of Jurisprudence
Chapman University
rrotunda(at)chapman(dot)edu
312/377-4000
“Today the Supreme Court has wiped away any illusion that it decides cases strictly based on the Constitution and relevant statutes. The long-standing principle that statutes are decided based on the language in the statute — and that only in case of ambiguity do you allow evidence about intent — has been discarded in favor of a holistic search for what the Congress must have meant or should have meant in clear and unambiguous language. The Supreme Court is now a fully political body doing the bidding of whichever party happens to be in power.”
Paul Fisher
Senior Fellow, Legal Affairs
The Heartland Institute
media(at)heartland(dot)org
312/377-4000
“As Justice Scalia points out in his brilliant, scathing dissent, the U.S. Supreme Court has turned somersaults to ‘defend the indefensible’ and uphold Obamacare at any cost to the rule of law. In deciding that ‘established by the State’ means the same thing as ‘not established by the State,’ it brings to three the number of major provisions it has rewritten to sustain the abomination of Obamacare.
“If Congress made a ‘drafting error’ and really wants taxpayers to have to fund unaffordable premiums in the 34 states that declined to establish an Exchange, it could simply amend the law. It might not, however, want to take responsibility for the damage that people suffer from the mandates tied to those subsidies.
“Congress is the only body with the constitutional authority to legislate, precisely because it is accountable to the people. The executive branch, including the IRS, has usurped that power, as have unaccountable Justices with lifelong tenure.
“Neither Obama nor the Supreme Court can turn back the tide or repeal the laws of economics. They cannot make the unaffordable affordable, nor can they print medical care. They can, however, inflict and prolong a lot of misery, while redistributing costs, pain, and blame.”
Dr. Jane M. Orient, M.D.
Executive Director, Association of American Physicians and Surgeons
Policy Advisor, Health Care Policy
The Heartland Institute
janeorientmd(at)gmail(dot)com
312/377-4000
“This case is about the conflict between the rule of law and what amounts to economic central planning. Any massive centralized control of an economic sector requires flexibility – the kind that is in tension with the rule of law, which requires the government to abide by statutes even when they are unwise. It is hard to draft a perfect statute to govern a whole economic sector; mistakes will always be made. But if the president can effectively rewrite legislation to make it better, he has become an all-powerful ruler, and the separation of powers is destroyed.”
Eugene Kontorovich
Professor of Law, Northwestern University
Policy Advisor, The Heartland Institute
e-kontorovich(at)law.northwestern(dot)edu
312/377-4000
The Heartland Institute is a 31-year-old national nonprofit organization headquartered in Chicago, Illinois. Its mission is to discover, develop, and promote free-market solutions to social and economic problems. For more information, visit our website or call 312/377-4000. Reported by PRWeb 6 hours ago.
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High court upholds health care subsidies
WASHINGTON -- The Supreme Court ruled Thursday that President Barack Obama's health care law allows the federal government to provide nationwide tax subsidies to help poor and middle-class people buy health insurance, a sweeping vindication that endorsed the larger purpose of Obama's signature legislative achievement.
Reported by TwinCities.com 4 hours ago.
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Health Law Ruling Elicits Sighs of Relief and Vows to Continue Fighting
Recipients of health insurance subsidies, as well as hospitals and health centers across the country, were elated as some Republican lawmakers pledged continued opposition to the Affordable Care Act.
Reported by NYTimes.com 2 hours ago.
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Supreme Court Upholds Obama's Health Subsidies
The Supreme Court, in a 6-3 vote, ruled the Obama administration can continue to subsidize health-insurance purchases by lower-income Americans in all states, preserving a centerpiece of the Affordable Care Act.
Reported by Wall Street Journal 2 hours ago.
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The 10 most important things in the world right now
Hello! Here's what you need to know for Friday.*1**. *The International Monetary Fund expects Greece to make its €1.5 billion euro (£1.06 billion, $1.7 billion) debt payment on June 30, as Greece and its creditors continue to negotiate a bailout deal.*
*
*2. *French President Francois Hollande said UberPOP should be "dissolved and declared illegal" following violent protests Thursday against the car-hailing service by taxis drivers, who blocked traffic, burned tyres, and flipped cars.*
*
*3. *The US Supreme Court on Thursday upheld a key provision of President Barack Obama's healthcare law, allowing the federal government to continue to provide subsidies to help millions of low-income Americans buy health insurance.*
*
*4. *The European Union will relocate 40,000 migrants who arrived in Italy and Greece to other EU states over the next two years.
*5.* Islamic State fighters Thursday night launched twin assaults against the Syrian government and Kurdish militia forces in the town of Kobani, the site of one of the biggest battles against militants last year.*6. *Around 200 Burundi students took refuge inside US embassy gates to escape growing political turmoil as one of the country's vice president said he had fled to Belgium*7.* Russian President Vladimir Putin talked by phone with President Obama on Thursday for the first time in February to discuss the worsening situation in Syria and the Iran nuclear deal.
*8. *Parts of Sochi, the Russian city that hosted the 2014 winter Olympics, are under water after flash floods and at least one person has reportedly died.* *
*9.* Taylor Swift is officially putting her "1989" album on Apple Music after successfully campaigning Apple to pay musicians royalties during a three-month free trial period of its new streaming service.*10. *Media conglomerate IAC/InterActive is taking its online dating unit, which includes Match.com and Tinder, public.
*And finally ...*
The world's first commercial jet pack will be available next year at a cost of $150,000 (£95,000).
Join the conversation about this story »
NOW WATCH: This Animated Map Shows How European Languages Evolved Reported by Business Insider 2 hours ago.
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Q&A: The Supreme Court and Obamacare
What happened at the Supreme Court on Thursday? The justices ruled, 6-3, that the Affordable Care Act subsidies that enable millions to pay for health insurance remain available nationwide. Residents of two-thirds of the states, including Pennsylvania, New Jersey, and Delaware, were at risk of losing them.
Reported by philly.com 9 minutes ago.
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Supreme Court upholds Obamacare subsidies
In its second ruling in three years upholding President Obama's health-care law, the U.S. Supreme Court on Thursday turned back challengers' claims that the law barred health insurance subsidies to millions in 34 states, including Pennsylvania, New Jersey, and Delaware.
Reported by philly.com 9 minutes ago.
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Among area residents, relief and puzzlement
Reactions from area residents to Thursday's Supreme Court ruling upholding subsidies to purchase health insurance: Peg Fagan, 56, owner of the Flying Avocado Wholefoods catering in Bucks County, is a breast cancer survivor who learned last year she had malignant melanoma.
Reported by philly.com 9 minutes ago.
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Coverage worries persist amid relief over health care ruling
CHICAGO (AP) — Throughout the country, relief was the dominant emotion among consumers who get help from the government to lower their health insurance costs following Thursday's Supreme Court ruling upholding the subsidies underpinning President Barack Obama's health care overhaul. An estimated 6.4 million people in the 34 states that used the federal health care exchange were at risk of losing the subsidies because their home states did not set up their own insurance exchanges. The case turned on just a few words in the mammoth Affordable Care Act that suggested the federal subsidies could go only to consumers in states that operated their own health insurance marketplaces. "Congress passed the Affordable Care Act to improve health insurance markets, not to destroy them," Chief Justice John Roberts declared in the majority opinion. Lydia DeJesus, who helps people sign up for coverage in Dickinson, North Dakota, said she has noted that division among consumers concerning the health care law, even among those receiving significant subsidies that make their policies more affordable. With the health insurance plan she purchased on the federal exchange, she now can afford follow-up treatment after surgery last summer to remove a brain tumor. Advocates such as Walter Davis of the Tennessee Health Care Campaign, used the Supreme Court decision to urge lawmakers in Tennessee to increase Medicaid access, an expansion that was made optional by an earlier Supreme Court ruling. [...] Tennessee policymakers should recognize health reform is working, abandon efforts to undermine it, and instead take advantage of the opportunities that health reform offers to improve lives.
Reported by SeattlePI.com 47 minutes ago.
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Zane Benefits CEO & President Rick Lindquist Reacts as ObamaCare Subsidies Blessed by Supreme Court
Zane Benefits reacts to the Supreme Court ruling in favor of respondents Sylvia Burwell, et al., in King vs. Burwell.
Salt Lake City, UT (PRWEB) June 26, 2015
The Supreme Court just announced their ruling in favor of ObamaCare. The ruling confirms Health Insurance Marketplaces in all states can provide premium tax credits to individual policyholders.
“In reality, this decision is a win for Democrats, Republicans, businesses and employees. For the first time since the law was passed, Congress will now focus on passing piecemeal improvements to the Affordable Care Act that make the law better for consumers and employers alike. We expect a flurry of new bills to be introduced in the coming months,” says Zane Benefits CEO & President Rick Lindquist.
Full impact analysis to follow within the hour. Stay tuned.
Editors Note: Rick Lindquist is available for questions from the media through Zane Benefits. Contact Vanessa Isaacson at (801) 203-0764 or media(at)zanebenefits(dot)com.
###
About Zane Benefits:
Zane Benefits is the leader in individual health insurance reimbursement for small businesses. Since 2006, Zane Benefits has been on a mission to bring the benefits of individual health insurance to business owners and their employees.
Zane Benefits' software helps businesses reimburse employees for individual health insurance plans for annual savings of 20 to 60 percent compared with traditional employer-provided health insurance. Today, over 20,000 customers use Zane Benefits' software, services, and support to reimburse individual health insurance plans purchased independent of employment. For more information, visit http://www.zanebenefits.com. Reported by PRWeb 23 minutes ago.
Salt Lake City, UT (PRWEB) June 26, 2015
The Supreme Court just announced their ruling in favor of ObamaCare. The ruling confirms Health Insurance Marketplaces in all states can provide premium tax credits to individual policyholders.
“In reality, this decision is a win for Democrats, Republicans, businesses and employees. For the first time since the law was passed, Congress will now focus on passing piecemeal improvements to the Affordable Care Act that make the law better for consumers and employers alike. We expect a flurry of new bills to be introduced in the coming months,” says Zane Benefits CEO & President Rick Lindquist.
Full impact analysis to follow within the hour. Stay tuned.
Editors Note: Rick Lindquist is available for questions from the media through Zane Benefits. Contact Vanessa Isaacson at (801) 203-0764 or media(at)zanebenefits(dot)com.
###
About Zane Benefits:
Zane Benefits is the leader in individual health insurance reimbursement for small businesses. Since 2006, Zane Benefits has been on a mission to bring the benefits of individual health insurance to business owners and their employees.
Zane Benefits' software helps businesses reimburse employees for individual health insurance plans for annual savings of 20 to 60 percent compared with traditional employer-provided health insurance. Today, over 20,000 customers use Zane Benefits' software, services, and support to reimburse individual health insurance plans purchased independent of employment. For more information, visit http://www.zanebenefits.com. Reported by PRWeb 23 minutes ago.
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Frontrunning: June 26
· Chinese Stock Plunge Leaves State Media Speechless (BBG)
· China’s Market Selloff Accelerates (WSJ)
· Any Deal on New Greek Bailout Funds Put Off Until Weekend (WSJ)
· ECB keeps ELA funding limit for Greece unchanged for third day in a row (Reuters)
· Impoverished Greek City Stands With Alexis Tsipras (WSJ)
· Why It Won’t Be a Default If Greece Misses IMF Payment Next Week (BBG)
· Valeant Makes Takeover Approach to Zoetis (WSJ) - or how Ackman assures himself another good T+3 quarter
· From Deutsche Bank to Siemens: What's Troubling Germany Inc.? (BBG)
· Obamacare ruling puts Supreme Court on hot seat in U.S. presidential race (Reuters)
· IAC/InterActive Plans an IPO for Its Matchmaking Business (WSJ)
· Brooklynites Can Work Near Home as Offices Start to Rise (BBG)
· Russia 'playing with fire' with nuclear saber-rattling: Pentagon (Reuters)
· Japan’s Economy to Grind to a Halt in 2nd Quarter, JPMorgan Says (BBG)
· Chief Justice John Roberts Charts Own Path, Frustrating Right Again (WSJ)
*Overnight Media Digest*
WSJ
* European finance chiefs pushed off talks to seal a Greek bailout deal until the weekend, leaving only days to keep Athens from defaulting on a loan payment early next week. (http://on.wsj.com/1TOENoD)
* The Supreme Court, in a 6-3 vote, ruled the Obama administration can continue to subsidize health-insurance purchases by lower-income Americans in all states, preserving a centerpiece of the Affordable Care Act. (http://on.wsj.com/1HjvyYi)
* The FCC is proposing to close a loophole in wireless auctions that let partners of Dish Network Corp claim $3.3 billion in discounts intended for small businesses. (http://on.wsj.com/1LH9Blq)
* Valeant Pharmaceuticals International Inc has made a preliminary approach to buy animal-health giant Zoetis Inc, people familiar with the matter said. (http://on.wsj.com/1fGK2qC)
* Canadian mining giant Potash Corp of Saskatchewan Inc offered to take over K+S AG in a deal that, if successful, would create a company capable of dominating a big chunk of the global market for the fertilizer. (http://on.wsj.com/1eKOCEm)
* IAC/InterActiveCorp unveiled plans to pursue an IPO of its Match Group division, which includes dating site Match.com and dating app Tinder. (http://on.wsj.com/1RztLQd)
* Molycorp Inc filed for protection from creditors, becoming the biggest corporate failure in a bleak year for a mining industry. (http://on.wsj.com/1RzoPL7)
FT
Co-founder of digital invoicing company Tungsten Corp Plc , Edi Truell may take the company private from London's Aim stock exchange, after growing frustrated with short sellers.
Canadian fertilizer producer Potash Corp of Saskatchewan Inc said it made a "private proposal" to buy German rival K+S for about $7 billion.
South African police have been slammed for their role in killing 34 striking miners in 2012, after a report on the killings came out. This may call out for a further probe on the criminal liability of the officers involved in the killings.
Amazon.com Inc is focussing on getting its deliveries and logistics right in order to snatch business from physical stores. Hitting the 10,000 employee mark for the first time since its launch in 2013, the online retailer is targeting to provide same-day deliveries for products.
NYT
* The U.S. Federal Communications Commission on Thursday rejected calls to dedicate more airwaves for smaller wireless carriers in an auction expected next year. Tom Wheeler, the chairman of the FCC, wrote in a blog post that he wanted to keep the level sold exclusively to smaller carriers at the level agreed to last year. T-Mobile US Inc and other smaller wireless carriers lobbied for months to increase the size. (http://nyti.ms/1NlcauR)
* The U.S. House of Representatives gave final approval on Thursday to a significant expansion of aid to workers displaced by global competition, sending to President Barack Obama the second half of a trade package that House Democrats had dramatically rejected just two weeks ago. (http://nyti.ms/1CxPLUF)
* Charter Communications Inc, in an attempt to distinguish itself from Comcast and its failed takeover of Time Warner Cable Inc, promised federal regulators on Thursday that a pair of deals totaling $67.1 billion would pose no threat to the growing market for online video because the combined company's future depended more on broadband than on its legacy video business. (http://nyti.ms/1CxOVHz)
* Taylor Swift said on Thursday that she would stream her latest album, "1989," on Apple Inc's new music service, apparently ending her brief dispute with the tech giant. (http://nyti.ms/1SP9KHP)
* For the first time since a crisis erupted over deadly defects in airbags made by his family's company, the reclusive chief executive of the Japanese supplier Takata Corp publicly addressed the issue on Thursday. He offered an apology but defended Takata's products as fundamentally safe. (http://nyti.ms/1GvUDLB)
* Lululemon Athletica Inc said on Thursday that it would recall elastic drawstrings in about 318,000 women's tops that could snap back and cause eye and face injuries. (http://nyti.ms/1KePjkH)
* Irate taxi drivers blocked roads, burned tires and attacked drivers who they thought were working for Uber, the ride-hailing company, during a day of protests Thursday that disrupted Paris and slowed traffic to a crawl. The strike in France is the latest in a series of challenges confronting Uber, which is based in San Francisco, in a number of European countries in which it operates. The taxi associations here oppose the company's efforts to expand its low-cost UberPop service. (http://nyti.ms/1NhcJVK)
Canada
THE GLOBE AND MAIL
** Canada's federal government is preparing a financial compensation package for Canadian dairy and poultry farmers as a way to blunt the impact of signing onto a massive Pacific Rim trade deal which could allow a surge of agricultural imports
from other countries. (http://bit.ly/1J9l50X)
** Sobeys Inc is preparing to shave 1,300 jobs in the wake of its takeover of Safeway Canada as the country's second-largest grocer looks to consolidate its distribution and office operations and cut costs. (http://bit.ly/1IhmGmN)
** Alberta's plan to increase carbon fees and toughen its climate strategy adds costs and more uncertainty to an industry already struggling to cope with the sharp plunge in oil prices. (http://bit.ly/1RC7P6S)
NATIONAL POST
** Potash Corp of Saskatchewan Inc submitted a written proposal to buy German fertilizer giant K&S AG , just two years after its last effort failed. The Saskatoon-based company. According to reports, the offer is in the neighbourhood of $8 billion. (http://bit.ly/1IhmYtZ)
** HarperPAC, a conservative third-party group, has announced it is shutting down operations less than a week after its launch. HarperPAC was formed by a team of Conservatives including several former political staffers. Its efforts included a radio ad that targeted Liberal Leader Justin Trudeau. (http://bit.ly/1Hks2g9)
Hong Kong
SOUTH CHINA MORNING POST
-- Beijing's top representative in Hong Kong on Thursday night hailed pro-establishment lawmakers' support for the electoral reform package and did not take them to task for the botched walkout before the vote last week. The news emerged from a "tea gathering" for 40 Beijing loyalists that also saw an unusually warm reception for the media pack. (bit.ly/1QSgmI1)
-- The government received no dividend from the HK$7 billion ($903.09 million) profit made by the Airport Authority in the last financial year, as it prepares to build a HK$140 billion third runway, its annual report shows. (bit.ly/1KfKokN)
-- Hong Kong's stock market watchdog, Securities and Futures Commission, said it did not support a draft proposal to allow companies to issue weighted voting rights, a week after the markets operator, Hong Kong Exchanges and Clearing, said it would launch a second round of consultation on the contentious topic later this year. (bit.ly/1LykgSB)
THE STANDARD
-- Legislative Council President Jasper Tsang Yok-sing has apologised for taking part in a WhatsApp group chat on last week's political reform vote, but denied violating the principle of neutrality. He said his participation in the group chat was aimed at facilitating the motion debate so that the vote would not end up taking place at night. (bit.ly/1Lt5XxU)
-- Several pan-democrat lawmakers have turned to the instant messaging app Telegram following the fallout from the WhatsApp scandal that has gripped the pro-establishment camp. Telegram allows users to exchange messages just like WhatsApp, and can set up "secret chats" that offer end-to-end encryption with no trace of the message and users can set up self-destruct timers on messages. (bit.ly/1BFdt6m)
-- Restaurant chain Tsui Wah Holdings posted a flat profit last financial year despite robust growth in revenue, highlighting local eateries' wrestling with soaring rent and labour costs. For the year ending March, net profit edged up just 0.88 percent to HK$157.41 million ($20.31 million). (bit.ly/1NgtaBz)
HONG KONG ECONOMIC TIMES
-- Property group Wharf (Holdings) has won a bid for two residential sites in China's Hangzhou for 1.437 billion yuan ($231.46 million).
Britain
The Times
A tranche of projects was put on hold after it emerged that a 38.5 billion stg ($60.62 billion) investment programme overseen by Network Rail has been ravaged by chronic cost overruns and missed targets. In a sign of the severity of the crisis, Richard Parry-Jones, Network Rail's chairman, was replaced by Peter Hendy, the current transport commissioner of London. (http://thetim.es/1GLRn0U)
Debt management companies may have to pay clients compensation for selling services without considering their financial position and for other misleading practices, after a report by the UK financial regulator Financial Conduct Authority revealed that debt management companies routinely treat customers, especially vulnerable members of society, unfairly.(http://thetim.es/1GLRLN1)
The Guardian
The Scottish government has been accused of trying to bury a report that predicts North Sea oil revenues could be 40 billion stg less than the Scottish National Party's most optimistic forecasts by releasing it the day before Holyrood's summer recess - and after the deadline for emergency questions. (http://bit.ly/1KfFTqH)
More than 2 million stg in bonuses have been given to top managers of Lloyds Banking Group, just weeks after the bank was hit with a 117 million stg fine for mishandling payment protection insurance compensation claims. (http://bit.ly/1fHif9M)
The Telegraph
According to Westminster sources close to the Telegraph, the BBC Trust will be axed and its powers handed to the UK communications regulator Ofcom. (http://bit.ly/1e6Ig0R)
Tesco chief executive Dave Lewis will face shareholders for the first time at the retailer's annual meeting on Friday as they look for answers in a year that saw record losses of 6.4 billion stg and an accounting scandal. (http://bit.ly/1Hir7ii)
Sky News
Tyre manufacturer Goodyear is planning to close its only UK factory, with hundreds of workers facing the axe. All 330 staff at the company's Wolverhampton plant are set to lose their jobs in what the Unite union said would be a "devastating blow" for the area. (http://bit.ly/1RAGDpf)
Amazon.com Inc has sparked further anger over its UK tax bill after it emerged it paid just 11.9 million stg in tax last year despite the group taking 5.3 billion stg in sales. (http://bit.ly/1NkSpDv)
The Independent
The British government has said it plans to sell its stake in the Green Investment Bank, the first bank in the world established to make money out of environmentally sustainable projects. (http://ind.pn/1fHoNVF)
Low interest rates and loose monetary policies are threatening the future of the insurance and pension industries by forcing providers to switch their investments into riskier asset classes, a report by the Organisation for Economic Co-operation and Development has warned. (http://ind.pn/1NdRsfE) Reported by Zero Hedge 20 hours ago.
· China’s Market Selloff Accelerates (WSJ)
· Any Deal on New Greek Bailout Funds Put Off Until Weekend (WSJ)
· ECB keeps ELA funding limit for Greece unchanged for third day in a row (Reuters)
· Impoverished Greek City Stands With Alexis Tsipras (WSJ)
· Why It Won’t Be a Default If Greece Misses IMF Payment Next Week (BBG)
· Valeant Makes Takeover Approach to Zoetis (WSJ) - or how Ackman assures himself another good T+3 quarter
· From Deutsche Bank to Siemens: What's Troubling Germany Inc.? (BBG)
· Obamacare ruling puts Supreme Court on hot seat in U.S. presidential race (Reuters)
· IAC/InterActive Plans an IPO for Its Matchmaking Business (WSJ)
· Brooklynites Can Work Near Home as Offices Start to Rise (BBG)
· Russia 'playing with fire' with nuclear saber-rattling: Pentagon (Reuters)
· Japan’s Economy to Grind to a Halt in 2nd Quarter, JPMorgan Says (BBG)
· Chief Justice John Roberts Charts Own Path, Frustrating Right Again (WSJ)
*Overnight Media Digest*
WSJ
* European finance chiefs pushed off talks to seal a Greek bailout deal until the weekend, leaving only days to keep Athens from defaulting on a loan payment early next week. (http://on.wsj.com/1TOENoD)
* The Supreme Court, in a 6-3 vote, ruled the Obama administration can continue to subsidize health-insurance purchases by lower-income Americans in all states, preserving a centerpiece of the Affordable Care Act. (http://on.wsj.com/1HjvyYi)
* The FCC is proposing to close a loophole in wireless auctions that let partners of Dish Network Corp claim $3.3 billion in discounts intended for small businesses. (http://on.wsj.com/1LH9Blq)
* Valeant Pharmaceuticals International Inc has made a preliminary approach to buy animal-health giant Zoetis Inc, people familiar with the matter said. (http://on.wsj.com/1fGK2qC)
* Canadian mining giant Potash Corp of Saskatchewan Inc offered to take over K+S AG in a deal that, if successful, would create a company capable of dominating a big chunk of the global market for the fertilizer. (http://on.wsj.com/1eKOCEm)
* IAC/InterActiveCorp unveiled plans to pursue an IPO of its Match Group division, which includes dating site Match.com and dating app Tinder. (http://on.wsj.com/1RztLQd)
* Molycorp Inc filed for protection from creditors, becoming the biggest corporate failure in a bleak year for a mining industry. (http://on.wsj.com/1RzoPL7)
FT
Co-founder of digital invoicing company Tungsten Corp Plc , Edi Truell may take the company private from London's Aim stock exchange, after growing frustrated with short sellers.
Canadian fertilizer producer Potash Corp of Saskatchewan Inc said it made a "private proposal" to buy German rival K+S for about $7 billion.
South African police have been slammed for their role in killing 34 striking miners in 2012, after a report on the killings came out. This may call out for a further probe on the criminal liability of the officers involved in the killings.
Amazon.com Inc is focussing on getting its deliveries and logistics right in order to snatch business from physical stores. Hitting the 10,000 employee mark for the first time since its launch in 2013, the online retailer is targeting to provide same-day deliveries for products.
NYT
* The U.S. Federal Communications Commission on Thursday rejected calls to dedicate more airwaves for smaller wireless carriers in an auction expected next year. Tom Wheeler, the chairman of the FCC, wrote in a blog post that he wanted to keep the level sold exclusively to smaller carriers at the level agreed to last year. T-Mobile US Inc and other smaller wireless carriers lobbied for months to increase the size. (http://nyti.ms/1NlcauR)
* The U.S. House of Representatives gave final approval on Thursday to a significant expansion of aid to workers displaced by global competition, sending to President Barack Obama the second half of a trade package that House Democrats had dramatically rejected just two weeks ago. (http://nyti.ms/1CxPLUF)
* Charter Communications Inc, in an attempt to distinguish itself from Comcast and its failed takeover of Time Warner Cable Inc, promised federal regulators on Thursday that a pair of deals totaling $67.1 billion would pose no threat to the growing market for online video because the combined company's future depended more on broadband than on its legacy video business. (http://nyti.ms/1CxOVHz)
* Taylor Swift said on Thursday that she would stream her latest album, "1989," on Apple Inc's new music service, apparently ending her brief dispute with the tech giant. (http://nyti.ms/1SP9KHP)
* For the first time since a crisis erupted over deadly defects in airbags made by his family's company, the reclusive chief executive of the Japanese supplier Takata Corp publicly addressed the issue on Thursday. He offered an apology but defended Takata's products as fundamentally safe. (http://nyti.ms/1GvUDLB)
* Lululemon Athletica Inc said on Thursday that it would recall elastic drawstrings in about 318,000 women's tops that could snap back and cause eye and face injuries. (http://nyti.ms/1KePjkH)
* Irate taxi drivers blocked roads, burned tires and attacked drivers who they thought were working for Uber, the ride-hailing company, during a day of protests Thursday that disrupted Paris and slowed traffic to a crawl. The strike in France is the latest in a series of challenges confronting Uber, which is based in San Francisco, in a number of European countries in which it operates. The taxi associations here oppose the company's efforts to expand its low-cost UberPop service. (http://nyti.ms/1NhcJVK)
Canada
THE GLOBE AND MAIL
** Canada's federal government is preparing a financial compensation package for Canadian dairy and poultry farmers as a way to blunt the impact of signing onto a massive Pacific Rim trade deal which could allow a surge of agricultural imports
from other countries. (http://bit.ly/1J9l50X)
** Sobeys Inc is preparing to shave 1,300 jobs in the wake of its takeover of Safeway Canada as the country's second-largest grocer looks to consolidate its distribution and office operations and cut costs. (http://bit.ly/1IhmGmN)
** Alberta's plan to increase carbon fees and toughen its climate strategy adds costs and more uncertainty to an industry already struggling to cope with the sharp plunge in oil prices. (http://bit.ly/1RC7P6S)
NATIONAL POST
** Potash Corp of Saskatchewan Inc submitted a written proposal to buy German fertilizer giant K&S AG , just two years after its last effort failed. The Saskatoon-based company. According to reports, the offer is in the neighbourhood of $8 billion. (http://bit.ly/1IhmYtZ)
** HarperPAC, a conservative third-party group, has announced it is shutting down operations less than a week after its launch. HarperPAC was formed by a team of Conservatives including several former political staffers. Its efforts included a radio ad that targeted Liberal Leader Justin Trudeau. (http://bit.ly/1Hks2g9)
Hong Kong
SOUTH CHINA MORNING POST
-- Beijing's top representative in Hong Kong on Thursday night hailed pro-establishment lawmakers' support for the electoral reform package and did not take them to task for the botched walkout before the vote last week. The news emerged from a "tea gathering" for 40 Beijing loyalists that also saw an unusually warm reception for the media pack. (bit.ly/1QSgmI1)
-- The government received no dividend from the HK$7 billion ($903.09 million) profit made by the Airport Authority in the last financial year, as it prepares to build a HK$140 billion third runway, its annual report shows. (bit.ly/1KfKokN)
-- Hong Kong's stock market watchdog, Securities and Futures Commission, said it did not support a draft proposal to allow companies to issue weighted voting rights, a week after the markets operator, Hong Kong Exchanges and Clearing, said it would launch a second round of consultation on the contentious topic later this year. (bit.ly/1LykgSB)
THE STANDARD
-- Legislative Council President Jasper Tsang Yok-sing has apologised for taking part in a WhatsApp group chat on last week's political reform vote, but denied violating the principle of neutrality. He said his participation in the group chat was aimed at facilitating the motion debate so that the vote would not end up taking place at night. (bit.ly/1Lt5XxU)
-- Several pan-democrat lawmakers have turned to the instant messaging app Telegram following the fallout from the WhatsApp scandal that has gripped the pro-establishment camp. Telegram allows users to exchange messages just like WhatsApp, and can set up "secret chats" that offer end-to-end encryption with no trace of the message and users can set up self-destruct timers on messages. (bit.ly/1BFdt6m)
-- Restaurant chain Tsui Wah Holdings posted a flat profit last financial year despite robust growth in revenue, highlighting local eateries' wrestling with soaring rent and labour costs. For the year ending March, net profit edged up just 0.88 percent to HK$157.41 million ($20.31 million). (bit.ly/1NgtaBz)
HONG KONG ECONOMIC TIMES
-- Property group Wharf (Holdings) has won a bid for two residential sites in China's Hangzhou for 1.437 billion yuan ($231.46 million).
Britain
The Times
A tranche of projects was put on hold after it emerged that a 38.5 billion stg ($60.62 billion) investment programme overseen by Network Rail has been ravaged by chronic cost overruns and missed targets. In a sign of the severity of the crisis, Richard Parry-Jones, Network Rail's chairman, was replaced by Peter Hendy, the current transport commissioner of London. (http://thetim.es/1GLRn0U)
Debt management companies may have to pay clients compensation for selling services without considering their financial position and for other misleading practices, after a report by the UK financial regulator Financial Conduct Authority revealed that debt management companies routinely treat customers, especially vulnerable members of society, unfairly.(http://thetim.es/1GLRLN1)
The Guardian
The Scottish government has been accused of trying to bury a report that predicts North Sea oil revenues could be 40 billion stg less than the Scottish National Party's most optimistic forecasts by releasing it the day before Holyrood's summer recess - and after the deadline for emergency questions. (http://bit.ly/1KfFTqH)
More than 2 million stg in bonuses have been given to top managers of Lloyds Banking Group, just weeks after the bank was hit with a 117 million stg fine for mishandling payment protection insurance compensation claims. (http://bit.ly/1fHif9M)
The Telegraph
According to Westminster sources close to the Telegraph, the BBC Trust will be axed and its powers handed to the UK communications regulator Ofcom. (http://bit.ly/1e6Ig0R)
Tesco chief executive Dave Lewis will face shareholders for the first time at the retailer's annual meeting on Friday as they look for answers in a year that saw record losses of 6.4 billion stg and an accounting scandal. (http://bit.ly/1Hir7ii)
Sky News
Tyre manufacturer Goodyear is planning to close its only UK factory, with hundreds of workers facing the axe. All 330 staff at the company's Wolverhampton plant are set to lose their jobs in what the Unite union said would be a "devastating blow" for the area. (http://bit.ly/1RAGDpf)
Amazon.com Inc has sparked further anger over its UK tax bill after it emerged it paid just 11.9 million stg in tax last year despite the group taking 5.3 billion stg in sales. (http://bit.ly/1NkSpDv)
The Independent
The British government has said it plans to sell its stake in the Green Investment Bank, the first bank in the world established to make money out of environmentally sustainable projects. (http://ind.pn/1fHoNVF)
Low interest rates and loose monetary policies are threatening the future of the insurance and pension industries by forcing providers to switch their investments into riskier asset classes, a report by the Organisation for Economic Co-operation and Development has warned. (http://ind.pn/1NdRsfE) Reported by Zero Hedge 20 hours ago.
↧
Friday's Morning Email: With Health Care Win, Obama Cements Legacy
*TOP STORIES*
*To get The Morning Email, HuffPost's daily roundup of the news, in your inbox, sign up here.*
*WITH HEALTH CARE WIN, OBAMA SEALS LEGACY* With the Supreme Court's rejection of the Obamacare challenge yesterday, millions kept their health insurance while President Obama kept his health care legacy. The win was a "vindication of policy priorities" that "has become the crowning domestic initiative of his tenure." [Jonathan Cohn and Jeffrey Young, HuffPost]
*SUSPECTED TERRORIST ATTACK ROCKS FRANCE* "One person was beheaded Friday in an attack and explosion at a gas factory in southeastern France that left multiple people wounded, two officials said. Banners with Arabic writing were found near the body, one of the officials said." [AP]
*WHAT'S LEFT FOR THE SUPREME COURT THIS SESSION* Same-sex marriage, lethal injection, congressional redistricting, EPA emissions regulations and criminal gun law remain on the docket. [Andrew Hart, Kelly Chen and Paige Lavender, HuffPost]
*UN: ISIS ATTACK IN SYRIA DISPLACES 60,000* The UN warned that the ongoing attack by ISIS on Hasaka could displace up to 200,000 people. [Reuters]
*THE STATE DEPARTMENT EMAILS HILLARY DIDN'T HAND OVER* "The State Department said on Thursday that 15 emails sent or received by Hillary Rodham Clinton were missing from records that she has turned over, raising new questions about whether she deleted work-related emails from the private account she used exclusively while in office." [NYT]
*GREEK BAILOUT DISCUSSIONS PUSHED TO WEEKEND* Greece has until Tuesday before it defaults. European stocks are falling, but here's why a potential "Grexit" isn't as financially ruinous as it once was for the world. [WSJ]
*WHAT’S BREWING*
*ALL THE NBA PICKS* But more importantly, all the outfits! [HuffPost]
*BRISTOL PALIN ANNOUNCES PREGNANCY* "Palin wrote that the pregnancy 'has been, and will be, a huge disappointment to my family' and asked for privacy. 'Honestly, I’ve been trying my hardest to keep my chin up on this one,' Palin wrote. 'At the end of the day there’s nothing I can’t do with God by my side, and I know I am fully capable of handling anything that is put in front of me with dignity and grace.'" [HuffPost]
*WATCH OUT AT YOUR NEXT DOCTOR'S APPOINTMENT* You could be reading a fake magazine. [Daily Dot]
*'STROMO' IS NOT A THING* "On Thursday, The Hollywood Reporter tried to make 'stromo' happen, with an article about 'straight white male stars going gay (ish).' After chucking their laptops into the sea, HuffPost Entertainment editors Matthew Jacobs and Lauren Duca got new laptops so that they could discuss what this means for society." [HuffPost]
*DISNEY PRINCESSES' EYES ARE LARGER THAN THEIR STOMACHS* No, but really. It's horrifying. [HuffPost]
*CLIMB YOSEMITE FROM YOUR LAPTOP* With the help of Google maps, you too can be climbing from your couch. [Google]
*DIVORCE WHERE IT'S ILLEGAL* "I had finally gotten out of my long-dead marriage in the devoutly Catholic Philippines, the only country in the world (other than Vatican City) where divorce is not legal. Two people can voluntarily choose to love, honor, and remain faithful to each other, but in the Philippines it is pretty much only through death, or the torturously long process of annulment, that they can part." [The Atlantic]
*WHAT'S WORKING*
*THE STARTUP TACKLING GREECE'S BLOOD DONOR PROBLEM* "Natalia Kritsali and Natalia Bougadellis came to realize the vast shortcomings of Greece’s blood donation process when they experienced immense difficulty finding a donor for Natalia Bougadellis's grandmother. They decided to put their frustration to good use and created Blood-e, a startup that seeks to increase Greece’s number of voluntary blood donors, as well as increase blood donation in general." [HuffPost]
*ON THE BLOG*
*UK EXECUTIVE EDITOR: TALKING ABOUT MY HUSBAND'S SUICIDE* "We must make it easier for people to reach out when the blackness threatens to swallow them whole. We must give men the space, voice and understanding to be scared and vulnerable and not see it as weakness. We must say that mental health desperately needs funding, that it should be as top a priority as tackling obesity or cancer. I'm not saying any of these things would have saved you. But I am saying that I refuse to remember you in anger and shame, when what we had was immense love." [HuffPost]
*BEFORE YOU GO*
~ J.K. Rowling says a Harry Potter play with new material will open next summer.
~ We're not huge fans of this depressing "adult" version of "Oh, The Places You'll Go!"
~ Behind the scenes at a Muslim beauty pageant.
~ An explainer for all those weird noises you hear on planes that are totally normal.
~ A young mom and toddler survived four days in the jungle after their plane crashed.
~ Taye Diggs owns it as Hedwig.
~ Sorry team: no more selfie sticks in Disney World.
~ Behind that infamous Cannes Lions photo of the rather *ahem* amorous couple.
~ When two self-driving cars cut each other off.
~ Of course Donald Trump has threatened to sue Univision for dropping his Miss USA pageant after his disparaging remarks about Mexicans.
~ The Rock: the movie star we deserve.
~ And after all the excitement, you will be able to stream T-Swift's "1989" on Apple Music.
*Send tips/quips/quotes/stories/photos/events/scoops to Lauren Weber at lauren.weber@huffingtonpost.com. Follow us on Twitter @LaurenWeberHP. And like what you're reading? Sign up here to get The Morning Email delivered to you.*
-- This feed and its contents are the property of The Huffington Post, and use is subject to our terms. It may be used for personal consumption, but may not be distributed on a website. Reported by Huffington Post 19 hours ago.
*To get The Morning Email, HuffPost's daily roundup of the news, in your inbox, sign up here.*
*WITH HEALTH CARE WIN, OBAMA SEALS LEGACY* With the Supreme Court's rejection of the Obamacare challenge yesterday, millions kept their health insurance while President Obama kept his health care legacy. The win was a "vindication of policy priorities" that "has become the crowning domestic initiative of his tenure." [Jonathan Cohn and Jeffrey Young, HuffPost]
*SUSPECTED TERRORIST ATTACK ROCKS FRANCE* "One person was beheaded Friday in an attack and explosion at a gas factory in southeastern France that left multiple people wounded, two officials said. Banners with Arabic writing were found near the body, one of the officials said." [AP]
*WHAT'S LEFT FOR THE SUPREME COURT THIS SESSION* Same-sex marriage, lethal injection, congressional redistricting, EPA emissions regulations and criminal gun law remain on the docket. [Andrew Hart, Kelly Chen and Paige Lavender, HuffPost]
*UN: ISIS ATTACK IN SYRIA DISPLACES 60,000* The UN warned that the ongoing attack by ISIS on Hasaka could displace up to 200,000 people. [Reuters]
*THE STATE DEPARTMENT EMAILS HILLARY DIDN'T HAND OVER* "The State Department said on Thursday that 15 emails sent or received by Hillary Rodham Clinton were missing from records that she has turned over, raising new questions about whether she deleted work-related emails from the private account she used exclusively while in office." [NYT]
*GREEK BAILOUT DISCUSSIONS PUSHED TO WEEKEND* Greece has until Tuesday before it defaults. European stocks are falling, but here's why a potential "Grexit" isn't as financially ruinous as it once was for the world. [WSJ]
*WHAT’S BREWING*
*ALL THE NBA PICKS* But more importantly, all the outfits! [HuffPost]
*BRISTOL PALIN ANNOUNCES PREGNANCY* "Palin wrote that the pregnancy 'has been, and will be, a huge disappointment to my family' and asked for privacy. 'Honestly, I’ve been trying my hardest to keep my chin up on this one,' Palin wrote. 'At the end of the day there’s nothing I can’t do with God by my side, and I know I am fully capable of handling anything that is put in front of me with dignity and grace.'" [HuffPost]
*WATCH OUT AT YOUR NEXT DOCTOR'S APPOINTMENT* You could be reading a fake magazine. [Daily Dot]
*'STROMO' IS NOT A THING* "On Thursday, The Hollywood Reporter tried to make 'stromo' happen, with an article about 'straight white male stars going gay (ish).' After chucking their laptops into the sea, HuffPost Entertainment editors Matthew Jacobs and Lauren Duca got new laptops so that they could discuss what this means for society." [HuffPost]
*DISNEY PRINCESSES' EYES ARE LARGER THAN THEIR STOMACHS* No, but really. It's horrifying. [HuffPost]
*CLIMB YOSEMITE FROM YOUR LAPTOP* With the help of Google maps, you too can be climbing from your couch. [Google]
*DIVORCE WHERE IT'S ILLEGAL* "I had finally gotten out of my long-dead marriage in the devoutly Catholic Philippines, the only country in the world (other than Vatican City) where divorce is not legal. Two people can voluntarily choose to love, honor, and remain faithful to each other, but in the Philippines it is pretty much only through death, or the torturously long process of annulment, that they can part." [The Atlantic]
*WHAT'S WORKING*
*THE STARTUP TACKLING GREECE'S BLOOD DONOR PROBLEM* "Natalia Kritsali and Natalia Bougadellis came to realize the vast shortcomings of Greece’s blood donation process when they experienced immense difficulty finding a donor for Natalia Bougadellis's grandmother. They decided to put their frustration to good use and created Blood-e, a startup that seeks to increase Greece’s number of voluntary blood donors, as well as increase blood donation in general." [HuffPost]
*ON THE BLOG*
*UK EXECUTIVE EDITOR: TALKING ABOUT MY HUSBAND'S SUICIDE* "We must make it easier for people to reach out when the blackness threatens to swallow them whole. We must give men the space, voice and understanding to be scared and vulnerable and not see it as weakness. We must say that mental health desperately needs funding, that it should be as top a priority as tackling obesity or cancer. I'm not saying any of these things would have saved you. But I am saying that I refuse to remember you in anger and shame, when what we had was immense love." [HuffPost]
*BEFORE YOU GO*
~ J.K. Rowling says a Harry Potter play with new material will open next summer.
~ We're not huge fans of this depressing "adult" version of "Oh, The Places You'll Go!"
~ Behind the scenes at a Muslim beauty pageant.
~ An explainer for all those weird noises you hear on planes that are totally normal.
~ A young mom and toddler survived four days in the jungle after their plane crashed.
~ Taye Diggs owns it as Hedwig.
~ Sorry team: no more selfie sticks in Disney World.
~ Behind that infamous Cannes Lions photo of the rather *ahem* amorous couple.
~ When two self-driving cars cut each other off.
~ Of course Donald Trump has threatened to sue Univision for dropping his Miss USA pageant after his disparaging remarks about Mexicans.
~ The Rock: the movie star we deserve.
~ And after all the excitement, you will be able to stream T-Swift's "1989" on Apple Music.
*Send tips/quips/quotes/stories/photos/events/scoops to Lauren Weber at lauren.weber@huffingtonpost.com. Follow us on Twitter @LaurenWeberHP. And like what you're reading? Sign up here to get The Morning Email delivered to you.*
-- This feed and its contents are the property of The Huffington Post, and use is subject to our terms. It may be used for personal consumption, but may not be distributed on a website. Reported by Huffington Post 19 hours ago.
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United States: Supreme Court Upholds Availability Of Affordable Care Act Subsidies In States With Federally-Run Exchanges - Ropes & Gray LLP
On Thursday, June 25, 2015, the Supreme Court of the United States issued a 6-3 decision in King v. Burwell, ruling that the health insurance subsidies under the Affordable Care Act would be available in all states
Reported by Mondaq 18 hours ago.
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You're an Author? So You're Really Not Working, Right?
Most authors have some sort of a home office which is good and bad. Good in the sense that you have a quiet place to weave your stories without major disturbances from co-workers. Bad because your neighbors and family members know that you're home and they don't understand the reality of writing. They don't see it as a "real job."
"Hey, Kristen, listen," says a neighbor of mine, an accountant, who is basically a very nice man."I was waiting for a delivery from Home Depot but I've got to get back to the office. Would you mind watching out for the delivery truck and signing for the lawn mower? Oh, and yeah, if they don't come by 3:30, can you call this number and find out why? Let me know what's going on, okay?"
Now I can say, "Sure, no problem," but I've got a deadline to meet with my new book and it is crucial that I finish the last 2 chapters before it goes off to my editor. So I politely tell him I would like to help out but that I have writing to do. He looks at me in surprise, shakes his head, and says, "But you can do that at any time, right? You're not going to get fired if you're late, right?" I shake my head, tell him I'm sorry, and say I have a solid deadline. He walks away miffed and muttering, "God, it's not like you have a real job."
But I do have a real job. What my very nice neighbor, and many others, don't understand is that my writing, (my novels, my short stories, my articles, my columns), is a real job and my bread-and-butter. I am lucky enough to make a nice living out of the stories and ideas that swirl around in my head and it is my profession. Unfortunately he isn't the only one who views writing as not being a "real job." Many of my other neighbors and friends have his attitude about what I do. Parents of two children, under the age of ten, who live down my block, asked me if I wanted to baby-sit their kids during the summer. The mother told me, "I mean you write so it's not like you're really busy." As Charlie Brown would say, "A-r-r-g-h!!!!! Needless to say, my answer was no.
Until my first book was sold my Aunt May always referred to my writing as a hobby. And while she was pleased and happy for me when I received a book deal, even now she feels that what I do is not real work and that she can call me to pick her up for a shopping excursion on any given afternoon. When I ask why she doesn't call her daughter Karen, she informs me that, "I can't disturb her at work. She has a real job."
And my husband, my biggest fan, used to think nothing of calling from his office and interrupting me while I was in the middle of putting together a story. "You can get back to it, baby. Just listen to this." The problem was I couldn't always get back to it. I convinced him that my hours writing are sacrosanct and, unless it is of major importance, no interruptions, please darling! He understands, sort of...
As a writer I have to say that I feel a job is a job, a profession is a profession. What makes one job or chosen profession more real than another? Is it that we tend to define real jobs in a certain fixed category? Does a "real job" have to meet the following criteria such as a full-time position with set hours, a position that pays a weekly salary, and gives you health insurance/sick leave/paid vacation? Is this it?
I've had a so-called real job; teaching world languages in high school. While it was something that was lucrative and which I found pleasurable and rewarding, it did not satisfy the creative hunger in me that needed a writing outlet.
The idea that writers are "not really working" is not only erroneous but a bit insulting.
Writing is a profession that is time-consuming and doesn't always have set hours and God knows it has no set salary. Distractions can have a negative impact on creativity. Concentration is an absolute necessity as is meeting deadlines whether set by an editor, publisher, or even yourself. This work is not something that can "be done later." It is as important as any other job or profession. If you, as a writer, don't see the importance of your work, you are doing yourself a big disservice. Your work is important and no one, least of all you, should treat it as any less than a profession.
I may not win any popularity contests in my neighborhood or be my aunt's favorite niece but I am doing what I want to do and making it a positive career. While writing for a living is chancy and a calculated financial risk, I would rather be doing this than anything else because I find it to be fulfilling, stimulating, rewarding, and enjoyable! That's the definition of a real job to me.
Happy writing!
Kristen Houghton is the author of 6 top-selling books including the PI series A Cate Harlow Private Investigation. The first in the series FOR I HAVE SINNED is available where all books are sold.
©copyright 2015 Kristen Houghton The Savvy Author all rights reserved
-- This feed and its contents are the property of The Huffington Post, and use is subject to our terms. It may be used for personal consumption, but may not be distributed on a website. Reported by Huffington Post 17 hours ago.
"Hey, Kristen, listen," says a neighbor of mine, an accountant, who is basically a very nice man."I was waiting for a delivery from Home Depot but I've got to get back to the office. Would you mind watching out for the delivery truck and signing for the lawn mower? Oh, and yeah, if they don't come by 3:30, can you call this number and find out why? Let me know what's going on, okay?"
Now I can say, "Sure, no problem," but I've got a deadline to meet with my new book and it is crucial that I finish the last 2 chapters before it goes off to my editor. So I politely tell him I would like to help out but that I have writing to do. He looks at me in surprise, shakes his head, and says, "But you can do that at any time, right? You're not going to get fired if you're late, right?" I shake my head, tell him I'm sorry, and say I have a solid deadline. He walks away miffed and muttering, "God, it's not like you have a real job."
But I do have a real job. What my very nice neighbor, and many others, don't understand is that my writing, (my novels, my short stories, my articles, my columns), is a real job and my bread-and-butter. I am lucky enough to make a nice living out of the stories and ideas that swirl around in my head and it is my profession. Unfortunately he isn't the only one who views writing as not being a "real job." Many of my other neighbors and friends have his attitude about what I do. Parents of two children, under the age of ten, who live down my block, asked me if I wanted to baby-sit their kids during the summer. The mother told me, "I mean you write so it's not like you're really busy." As Charlie Brown would say, "A-r-r-g-h!!!!! Needless to say, my answer was no.
Until my first book was sold my Aunt May always referred to my writing as a hobby. And while she was pleased and happy for me when I received a book deal, even now she feels that what I do is not real work and that she can call me to pick her up for a shopping excursion on any given afternoon. When I ask why she doesn't call her daughter Karen, she informs me that, "I can't disturb her at work. She has a real job."
And my husband, my biggest fan, used to think nothing of calling from his office and interrupting me while I was in the middle of putting together a story. "You can get back to it, baby. Just listen to this." The problem was I couldn't always get back to it. I convinced him that my hours writing are sacrosanct and, unless it is of major importance, no interruptions, please darling! He understands, sort of...
As a writer I have to say that I feel a job is a job, a profession is a profession. What makes one job or chosen profession more real than another? Is it that we tend to define real jobs in a certain fixed category? Does a "real job" have to meet the following criteria such as a full-time position with set hours, a position that pays a weekly salary, and gives you health insurance/sick leave/paid vacation? Is this it?
I've had a so-called real job; teaching world languages in high school. While it was something that was lucrative and which I found pleasurable and rewarding, it did not satisfy the creative hunger in me that needed a writing outlet.
The idea that writers are "not really working" is not only erroneous but a bit insulting.
Writing is a profession that is time-consuming and doesn't always have set hours and God knows it has no set salary. Distractions can have a negative impact on creativity. Concentration is an absolute necessity as is meeting deadlines whether set by an editor, publisher, or even yourself. This work is not something that can "be done later." It is as important as any other job or profession. If you, as a writer, don't see the importance of your work, you are doing yourself a big disservice. Your work is important and no one, least of all you, should treat it as any less than a profession.
I may not win any popularity contests in my neighborhood or be my aunt's favorite niece but I am doing what I want to do and making it a positive career. While writing for a living is chancy and a calculated financial risk, I would rather be doing this than anything else because I find it to be fulfilling, stimulating, rewarding, and enjoyable! That's the definition of a real job to me.
Happy writing!
Kristen Houghton is the author of 6 top-selling books including the PI series A Cate Harlow Private Investigation. The first in the series FOR I HAVE SINNED is available where all books are sold.
©copyright 2015 Kristen Houghton The Savvy Author all rights reserved
-- This feed and its contents are the property of The Huffington Post, and use is subject to our terms. It may be used for personal consumption, but may not be distributed on a website. Reported by Huffington Post 17 hours ago.
↧
ACEP Issues Statement Following Supreme Court Verdict
WASHINGTON, June 26, 2015 /PRNewswire-USNewswire/ -- The decision today by the Supreme Court will prevent millions of people from losing their health insurance, but does not stem the rising tide of visits to the nation's emergency departments or solve other problems emerging in the...
Reported by PR Newswire 17 hours ago.
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