“The underlying cost of Australia’s health system is the ailment; rising insurance premiums are just a symptom,” Mr Summerhayes said. Health insurance regulators have sounded the alarm over rising medical costs and declared the current reform process must continue, only days after Labor leader Bill Shorten accused insurers of “a ... Read More »
Apple has told US regulators that it is still interested in developing self-driving car technology. Steven Kenner, the computer giant’s director of product integrity, has written to the National Highway Traffic Safety Administration, to confirm that it remains interested in autonomous vehicles. The letter re-affirming its belief in the viability ... Read More »
WITH complaints from flat buyers against unfair practices by real estate firms piling up from across the state, a proposal to appoint multiple housing regulators is now under consideration, sources said. At last count, about 37,000 such cases were pending in the consumer redressal forum, official data shows. Mumbai, the ... Read More »
U.S. regulators gave a failing grade to five big banks on Wednesday, including JPMorgan Chase & Co (JPM.N) and Wells Fargo & Co (WFC.N), on their plans for a bankruptcy that would not rely on taxpayer money, giving them until Oct. 1 to make amends or risk sanctions. The move ... Read More »
