Stocks slip must Concerns Euro crisis will spreadNEW YORK (AP) _ Stock Prices Fell on Monday as investors Worried That Ireland's Application for Financial Assistance from ITS Neighbors May Not Be The Last bailout Needed in Europe. After Falling Into a Financial Crisis Brought by the mounting losses at three of the ITS nationalized Banks, Ireland formally Requested help from the ITS Neighbors Sunday. The rescue package from the European Union and the International Monetary Fund will likely total $ 100 Billion.
Health Plans must spend premiums is a Medical Care in Washington (AP) _ Health insurance premiums Should go for actual medical care _ Not Insurers' Overhead and Profits _ the Obama Administration said on Monday in the Rules That for the first time Require the companies to Give Consumers a rebate. The Regulation Unveiled by the Health and Human Services Department Calls for Insurance Companies to Spend at Least 80 cents of the premium dollar is Medical Care and Quality. For Employer Plans covering more than just 50 people, the Requirement is 85 cents. That Insurers fall short of the Mark Will Have to Issue Their Customers a rebate.
Irish Thurs shrink, merge Banks as part of bailoutDUBLIN (AP) _ Ireland's Banks will be pruned down, merged or Sold as part of a massive Europe-IMF bailout Taking Shape, the government said on Monday as a shellshocked nation Came Thurs Grips With its failure to Protect Banks and Revive the ITS. Crucially, "some experts say the rescue May have come too late to Save The Next Weak Link, Portugal, from a Similar Fate. Ireland's Crisis Also Appears Thurs likely force the early departure of the ITS Deeply unpopular government, calling into doubt the credibility of Prime Minister Brian Cowen's four-year austerity Plans.
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