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Showing posts from January, 2017

President Trump Revives Keystone Pipeline Rejected by Obama

President Trump Revives Keystone Pipeline Rejected by Obama     WASHINGTON U.S. President Donald Trump signed two executive orders on Tuesday to move forward with construction of the controversial Keystone XL and Dakota Access oil pipelines , rolling back key Obama administration environmental policies in favor of expanding energy infrastructure. U.S President Donald trump Showing signed keystone pipeline. While oil producers in Canada and North Dakota are expected to benefit from a quicker route for crude oil to U.S. Gulf Coast refiners , a revival of the projects would mark a bitter defeat for Native American tribes and climate activists, who vowed to fight the decisions through legal action. Trump campaigned on promises to increase domestic energy production and before taking office indicated he supported completion of the Dakota pipeline and re-starting the C$8 billion ($6.1 billion) Keystone XL project, which was rejected in 2015 by then- Preside

Aetna - Humana Merger Blocked By A U.S. federal judge John Bates

Aetna - Humana Merger Blocked By A U.S. federal judge John Bates  Afederal judge Monday at least temporarily blocked the proposed $37 billion mega-   merger between health insurance industry giants Aetna  and Humana , ruling that the transaction would reduce competition for consumers. Add caption Although the decision can be appealed, the outcome could have significant ramifications on how U.S. seniors purchase Medicare health insurance coverage , as well as on insurance options available to individuals who don't have employer coverage. "In this case, the government alleged that the merger of Aetna and Humana would be likely to substantially lessen competition in markets for individual Medicare Advantage plans and health insurance sold on the public exchanges," U.S. District Court Judge John Bates wrote in his 156-page ruling. "After a 13-day trial, and based on careful consideration of the law, evidence, and arguments, the Court mostly agrees."