World Oct 20, 2018

Hackers breach U.S. system, get data on 75,000 people

A U.S. government computer system that interacts with was hacked this month, compromising the sensitive personal data of some 75,000 people, officials said Friday. The Centers for Medicare and Medicaid Services made the announcement late in the afternoon ahead of the weekend, a time ...

Struggling GE ousts John Flannery as CEO

Business Oct 2, 2018

Struggling GE ousts John Flannery as CEO

General Electric has ousted its CEO, announced it took a $23 billion charge and said it would fall short of profit forecasts this year, further signs that the century-old industrial conglomerate is struggling to turn around its vastly shrunken business. H. Lawrence Culp Jr. will ...

Business / Corporate Sep 4, 2018

Japan's Dai-ichi Life to buy Suncorp Life for $460 million

Dai-ichi Life Holdings Inc. said Tuesday it would buy Suncorp Life, an Australian life insurance unit of Suncorp Group, for 640 million Australian dollars ($460 million), the latest overseas expansion for a Japanese insurer grappling with a shrinking domestic market. Dai-ichi Life said in a ...

National Aug 17, 2018

Japan's health insurance system remains deficit-ridden despite reforms

The national health insurance program underwent a major reform at the start of fiscal 2018 that saw prefectures, rather than municipalities, begin managing the deficit-ridden system to improve its financial base. The program, called kokumin kenkō hoken in Japanese, covers the self-employed, pensioners, nonregular workers ...