Columbus CEO Archives

April 2014 Edition

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Medicare to release billing data for 880K doctors

WASHINGTON (AP) - Patients may soon get an unprecedented look at how their doctor compares to other physicians, after Medicare announced Wednesday it plans to publicly post billing data for more than 880,000 practitioners.

Report: 2014 Bakken oil output 1.1M barrels a day

WILLISTON, N.D. (AP) - Oil production in North Dakota and Montana's Bakken and Three Forks formations will average 1.1 million barrels per day this year, according to estimates announced Wednesday by a research firm.

Urban League: Blacks doing worse in the job market

WASHINGTON (AP) - While unemployment has been a major impediment to African-Americans' economic progress, underemployment is a bigger obstacle for them than it is for whites or Hispanics, the National Urban League says in its latest State of Black America report.

Excerpts of high court campaign finance opinions

Excerpts from the opinions of Chief Justice John Roberts and Justice Clarence Thomas, in support of Wednesday's ruling striking down limits in federal law on overall campaign contributions to candidates and political committees, and from the dissenting opinion of Justice Stephen Breyer:

Medicare to release billing data for 880K doctors

WASHINGTON (AP) - Patients may soon get an unprecedented look at how their doctor compares to other physicians, after Medicare announced Wednesday it plans to publicly post billing data for more than 880,000 practitioners.

Nonprofit insurers struggle in new marketplaces

HARTFORD, Conn. (AP) - A smorgasbord of options and lower prices for consumers were two of the chief selling points for President Barack Obama as he promoted his overhaul of the nation's health insurance industry, predicting Americans would see "competition in ways we haven't seen before." Companies were even started as a way to encourage innovation and competition, namely 23 consumer-run, co-op insurers created with the help of $2 billion in federal loans.

US details charges against Ukrainian oligarch

CHICAGO (AP) - One of Ukraine's most influential oligarchs and a major player in the sale of Russian natural gas to Ukraine allegedly spearheaded an international conspiracy to pay at least $18 million in bribes to mine titanium in India and sell it to a Chicago-based company, according to an indictment unsealed Wednesday by U.S. prosecutors.

US Treasury bond market at a glance

Key barometers in the Treasury market late Wednesday, compared with late Tuesday. Price changes in the 10-year note and 30-year bond are per $100 invested:

How the Dow Jones industrial average did Wednesday

Stocks closed higher for a fourth straight day on Wednesday after a report on hiring provided another encouraging sign that the economy is emerging from its winter slump. The catalyst on Wednesday was a private survey that showed that U.S. companies increased hiring at a rapid pace last month after a strong manufacturing survey a day earlier.

Hobby Lobby 401(k) invests in birth control makers

WASHINGTON (AP) - The company leading the legal challenge against birth control coverage under the new health care law offers its workers a retirement plan that includes investments in companies making contraceptive and abortion drugs.

Medicare to release billing data for 880K doctors

WASHINGTON (AP) - Medicare says it's preparing to release billing data for more than 880,000 doctors, giving consumers an unprecedented look at how personal physicians stack up compared to others.

Hobby Lobby 401(k) invests in birth control makers

WASHINGTON (AP) - The company that is leading the legal challenge against birth control coverage under "Obamacare" offers its workers a retirement plan that includes investments in companies making contraceptive and abortion drugs.

Tesla to appeal changed New Jersey car regulations

NEWARK, N.J. (AP) - Electric-car company Tesla Motors has filed notice it intends to go to court to appeal New Jersey's ruling that would stop it from selling its vehicles in the state within two weeks.

Review: Narrative Clip logs your life in photos

ATLANTA (AP) - Ever had one of those "Gosh, I wish I had a camera" moments when something novel happens in your life? The Narrative Clip is a small, wearable camera that makes an attempt to capture some of those fleeting moments automatically.

US calls on Europe to wean itself from Russian gas

BRUSSELS (AP) - The United States called on Europe to wean itself from a dangerous dependency on Russian gas, saying it was time to stand together and bring an end to the Kremlin's use of energy supplies as political leverage.

Urban League: Blacks doing worse in the job market

WASHINGTON (AP) - While unemployment has been a major impediment to African-Americans' economic progress, underemployment is a bigger obstacle for them than it is for whites or Hispanics, the National Urban League says in its latest State of Black America report.

US details charges against Ukrainian oligarch

CHICAGO (AP) - One of Ukraine's most influential oligarchs and a major player in the sale of Russian natural gas to Ukraine allegedly spearheaded an international conspiracy to pay at least $18 million in bribes to mine titanium in India and sell it to a Chicago-based company, according to an indictment unsealed Wednesday by federal prosecutors in Chicago.

Goldman Sachs considers selling NYSE unit

NEW YORK (AP) - Goldman Sachs is considering selling its business unit that matches buyers and sellers on the floor of the New York Stock Exchange, according to a person familiar with the investment bank's thinking who spoke on condition of anonymity.

Stocks hold at record after employment report

NEW YORK (AP) - Stocks held close to a record in early afternoon trading Wednesday after a private survey showed that U.S. companies increased hiring at a rapid pace last month. The report is the latest sign that the economy is strengthening after an unusually harsh winter.

No. 2 Senate Dem says minimum wage talks possible

WASHINGTON (AP) - The Senate's second-ranking Democrat says he'd be open to negotiating a compromise if Republicans block Democrats' efforts to raise the federal minimum wage to $10.10 an hour.

4Runner keeps rugged charm

Thirty years after its U.S. debut as a utilitarian, four-wheel drive truck with a fiberglass cover on the back, the Toyota 4Runner remains a different kind of family sport utility vehicle.

Making it big slippery slope for crowd-funded cos.

NEW YORK (AP) - When Oliver Housknecht gave virtual reality headset maker Oculus VR $25 through crowdfunding website Kickstarter two years ago, he wanted to help a startup grow into a larger, independent company. Instead, Oculus became part of one.

AP-USDA-Eastern Cornbelt Hog Report

LMHG209
Des Moines, Iowa Wed, Apr 02, 2014 USDA Market News
EASTERN CORNBELT DAILY DIRECT MORNING HOG REPORT BASED ON STATE OF ORIGIN
PLANT DELIVERED PURCHASE DATA FOR Wednesday, April 2, 2014 (As of 9:30 AM)
CURRENT VOLUME BY PURCHASE TYPE
BARROWS & GILTS LIVE AND CARCASS BASIS
Estimated Actual...

AP Interview: Yanukovych was 'wrong' on Crimea

ROSTOV-ON-DON, Russia (AP) - In his first interview since fleeing to Russia, Ukraine's ousted president said Wednesday that he was "wrong" to have invited Russian troops into Crimea and vowed to try to persuade Russia to return the coveted Black Sea peninsula.

Nonprofit insurers struggle in new marketplaces

HARTFORD, Conn. (AP) - A smorgasbord of options and lower prices for consumers were two of the chief selling points for President Barack Obama as he promoted his overhaul of the nation's health insurance industry, predicting Americans would see "competition in ways we haven't seen before." Companies were even started as a way to encourage innovation and competition, namely 23 consumer-run, co-op insurers created with the help of $2 billion in federal loans.

Swiss bolster EU sanctions over Ukraine

GENEVA (AP) - The Swiss government bolstered European Union sanctions over Russia's annexation of Crimea on Wednesday but stopped short of imposing any of its own.

More Americans see middle class status slipping

WASHINGTON (AP) - A sense of belonging to the middle class occupies a cherished place in America. It conjures images of self-sufficient people with stable jobs and pleasant homes working toward prosperity.

Peabody Awards given to record 46 recipients

ATHENS, Ga. (AP) - The ABC drama "Scandal," Netflix's "House of Cards" and pair of news programs about concussions in the National Football League are among a record 46 recipients of Peabody Awards.

BC-USDA-Midwest Regional Eggs

NWPY018
Des Moines, IA Wed. Apr 02, 2014 USDA Market News
SHELL EGGS: Daily Midwest Regional Eggs
Prices are steady. The undertone is steady. Retail and food service demand
is moderate. Offerings are light to mostly moderate. Supplies are moderate.
Market activity is slow to moderate. Breaking stock prices are steady.

Jindal: GOP needs 'Obamacare' alternative

WASHINGTON (AP) - Louisiana Gov. Bobby Jindal is offering an alternative to President Barack Obama's health care overhaul, saying states should play a greater role in containing health care costs.

Greece: Talks on debt relief could start in May

ATHENS, Greece (AP) - Long-awaited talks between Greece and its rescue creditors to make the country's debt sustainable could start as early as next month and would likely last until the fall or beyond, a senior official in the Greek government said Wednesday.

Swiss bolster EU sanctions over Ukraine

GENEVA (AP) - The Swiss government bolstered European Union sanctions over Russia's annexation of Crimea on Wednesday but stopped short of imposing any of its own.

Senate jobless benefits bill advances slowly

WASHINGTON (AP) - Legislation to renew a program of benefits for the long-term unemployed has taken another step toward likely Senate approval. That comes despite complaints from Republicans that Democrats are refusing to allow votes on possible changes.

Does AEP do a good job keeping the power on? State thinks so

Every regulated electric utility in Ohio got passing marks for reliable service last year. American Electric Power had an average of 1.03 failures per customer with an average duration of 140.97 minutes, excluding major storms, according to documents made public yesterday.

Brad Foss is promoted to AP deputy business editor

NEW YORK (AP) - Brad Foss, an assistant business editor who has helped direct The Associated Press' coverage of the global economy for the past five years, has been promoted to deputy business editor.

High court voids overall contribution limits

WASHINGTON (AP) - The Supreme Court has struck down limits in federal law on the overall campaign contributions the biggest individual donors may make to candidates, political parties and political action committees.

Students encouraged to apply for Central Ohio Leadership Academy


The Central Ohio Leadership Academy is taking student applications for the 2014 session. The COLA announcement includes details on a new curriculum partnership with the Ohio State University Buckeye Leadership Fellows Program:

The Central Ohio Leadership Academy (COLA), established in 2011 by the New Albany Community Foundation and presented by the Educational Service Center of Central Ohio, is the preeminent leadership development...

German brewers hit with $319 million cartel fines

BERLIN (AP) - Germany's antitrust authority has fined a group of brewers 231.2 million euros ($319 million) for their part in alleged illegal beer-price fixing - the second round of punishment in the case.

AP Interview: Yanukovych hopes for Crimea's return

ROSTOV-ON-DON, Russia (AP) - Ukraine's ousted president, Viktor Yanukovych, said Wednesday that he was "wrong" to invite Russian troops into Crimea, and vowed to try to persuade Russia to return the Black Sea peninsula.

Survey: US companies add 191K jobs in March

WASHINGTON (AP) - A private survey shows that U.S. companies increased hiring at a healthy pace last month, suggesting that the jobs market is recovering from a brutal winter.

Greece: Talks on debt relief could start in May

ATHENS, Greece (AP) - A senior official in the Greek government says long-awaited negotiations with creditors to try and make the country's national debt sustainable could start as early as next month and would likely last to the fall or beyond.

Survey: US companies add 191K jobs in March

WASHINGTON (AP) - A private survey shows that U.S. companies increased hiring at a rapid pace last month, suggesting that the jobs market is recovering from a brutal winter.

Under fire: GM's Barra deflects hard questions

WASHINGTON (AP) - General Motors CEO Mary Barra didn't squirm on the hot seat Tuesday. On the job less than three months, she calmly answered or deflected tough questions from a congressional committee about faulty parts responsible for at least 13 deaths and the recall of 2.6 million cars.

Lufthansa cancels 900 flights due to strike

BERLIN (AP) - Lufthansa canceled almost 900 domestic and intercontinental flights on Wednesday, after the pilots' union started a three-day strike in a wage dispute with Germany's largest airline.

German Cabinet approves national minimum wage

BERLIN (AP) - Chancellor Angela Merkel's Cabinet has approved a national minimum wage for Germany, guaranteeing workers at least 8.50 euros per hour ($11.75) starting next year.

Kerry denounces use of energy as weapon

BRUSSELS (AP) - U.S. Secretary of State John Kerry is denouncing the use of energy as a weapon, a day after Russia sharply hiked the price for natural gas to Ukraine.

House GOP plan seeks health cuts to balance budget

WASHINGTON (AP) - House Republicans are pressing ahead with a plan to try to balance the budget within 10 years, relying on big decreases in health care programs for the middle class and the poor, as well as tax hikes and Medicare cuts engineered by President Barack Obama.

College athletes take labor cause to Capitol Hill

WASHINGTON (AP) - Members of a group seeking to unionize college athletes are looking for allies on Capitol Hill as they brace for an appeal of a ruling that said full scholarship athletes at Northwestern University are employees who have the right to form a union.

House GOP plan seeks health cuts to balance budget

WASHINGTON (AP) - House Republicans are pressing ahead with a slashing plan to try to balance the budget within 10 years, relying on big decreases in health care programs for the middle class and the poor, as well as tax hikes and Medicare cuts engineered by President Barack Obama.

Adultery site big in Japan where marriage reigns

TOKYO (AP) - Ashley Madison, the world's biggest online hookup site for married people, works only when monogamy is the rule on the surface but, deep inside, couples want to cheat. That's why it is scoring big in Japan.

PG&E criminally charged in fatal pipeline blast

SAN FRANCISCO (AP) - Pacific Gas and Electric Co. was charged on Tuesday with federal felony counts involving safety violations linked to a deadly 2010 natural gas pipeline explosion in the San Francisco Bay Area.

Under fire: GM's Barra deflects hard questions

WASHINGTON (AP) - General Motors CEO Mary Barra didn't squirm on the hot seat Tuesday. On the job less than three months, she calmly answered or deflected tough questions from a congressional committee about faulty parts responsible for at least 13 deaths and the recall of 2.6 million cars.

Japan lab says stem cell research falsified

TOKYO (AP) - The finding that a lead researcher falsified data in a widely heralded stem-cell research paper is a setback for Japan's efforts to promote its advanced research, but also a symptom of the pressure for breakthroughs in the field, experts say.

Malaysia police: Jet mystery may never be solved

KUALA LUMPUR, Malaysia (AP) - The investigation into what happened to Malaysia Airlines Flight 370 may take a long time and may never determine the cause of the tragedy, Malaysia's national police chief warned Wednesday.

PG&E criminally charged in fatal pipeline blast

SAN FRANCISCO (AP) - Pacific Gas and Electric was charged on Tuesday with federal felony counts involving safety violations linked to a 2010 natural gas pipeline explosion that killed eight people in the San Francisco Bay Area.

PG&E criminally charged in fatal pipeline blast

SAN FRANCISCO (AP) - Pacific Gas and Electric has been charged with federal felony counts involving safety violations linked to a 2010 natural gas pipeline explosion that killed eight people in the San Francisco Bay Area.

Computer issues delay flights in Los Angeles

LOS ANGELES (AP) - Flights to and from airports in the Los Angeles area were grounded for more than an hour Wednesday due to a computer failure at an air traffic control facility in the region, the Federal Aviation Administration said.

Macy's theft case dropped; woman said false arrest

NEW YORK (AP) - A Pakistani shopper who said she was unfairly profiled and falsely accused of stealing jewelry at Macy's flagship store got the charges dismissed Wednesday, when prosecutors dropped a case that arose amid similar complaints about store security guards targeting minorities.

Duke Energy wants citizens group out of ash action

CHARLOTTE, N.C. (AP) - Duke Energy is asking a judge to prevent citizens groups from taking part in any enforcement action that would make the company clean up nearly three dozen coal ash pits across North Carolina.

Chicago among many Ill. cities in pension straits

SPRINGFIELD, Ill. (AP) - Chicago Mayor Rahm Emanuel's plan for fixing part of the nation's worst municipal pension crisis is now in the hands of state lawmakers - and it's likely just the first of many from cities across the state seeking legislative help for their employee retirement funds.

Courts question law leaving pensions unprotected

NEW YORK (AP) - New rulings against Catholic hospital chains on both coasts have intensified a faceoff between religiously affiliated employers and workers who are alarmed by the companies' efforts to avoid insuring or funding their pensions.

Duke Energy asks judge to throw out coal ash case

CHARLOTTE, N.C. (AP) - Duke Energy is asking a judge to dismiss a case filed by North Carolina regulators that would force the company to clean up nearly three dozen coal ash pits across the state.

US Treasury bond market at a glance

Key barometers in the Treasury market late Tuesday, compared with late Monday. Price changes in the 10-year note and 30-year bond are per $100 invested:

Health leaders on drug co. boards; a conflict?

CHICAGO (AP) - A new study shows that leaders of many academic medical centers sit on the boards of some of the world's biggest drug companies. And the study authors say that raises the potential for worrisome conflicts of interest.

GM hires Feinberg to advise on recall victims

WASHINGTON (AP) - General Motors has hired attorney Kenneth Feinberg to explore ways to compensate victims of accidents connected to defective ignition switches in its small cars.

Manchin tells company to remove him from UBB film

CHARLESTON, W.Va. (AP) - U.S. Sen. Joe Manchin is demanding his name and interview be removed from a documentary funded by former Massey Energy CEO Don Blankenship. The documentary "Upper Big Branch - Never Again" released Monday and its credits clearly state it is "a film by Don Blankenship." The film's opening disclaimer, however, says people's participation in the documentary via interviews "is not in association or affiliation with Don Blankenship." In the letter sent to Adriot Films...

Q&A: Dissecting Google's unorthodox stock split

SAN FRANCISCO (AP) - Google is poised to split its stock using an unusual method aimed at keeping co-founders Larry Page and Sergey Brin in control of the Internet's most powerful company.

FBI investigates high-speed stock traders

NEW YORK (AP) - The Federal Bureau of Investigations is looking into the practices of high-frequency stock trading firms, adding to the scrutiny that is being placed on the practice.

Spotify's Top 10 most viral tracks

The following list represents the most viral tracks on Spotify, based on the number of people who shared it divided by the number who listened to it, from Monday, Mar. 24, to Sunday Mar. 30, via Facebook, Tumblr, Twitter and Spotify.

Congress seeks answers on delay in GM recall

WASHINGTON (AP) - Congress is demanding answers from the new CEO of General Motors and the head of the nation's auto safety watchdog about why it took at least a decade to recall cars with a defective part that is now linked to 13 deaths.

Dyson recalls portable electric heaters

NEW YORK (AP) - Dyson is recalling about 393,000 portable electric heaters because they can develop an electric short and overheat, posing a fire hazard.

Pelosi says over 7 million enroll in health care

WASHINGTON (AP) - House Democratic Leader Nancy Pelosi says the White House is reporting more than 7 million people signed up for health care through the exchanges by Monday's midnight deadline.

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