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Eight-nine charged by Federal Officials in Multi-million dollar Medicare Fraud

Federal officials announced on Tuesday that 89 people had been charged in a major crackdown in healthcare fraud across the U.S. Included in those charged are 14 nurses and doctors for their roles in a number of scams relating to Medicare that bilked more than $223 million from taxpayers through fake charges. Some participants allegedly acted as doctors and wrote out fake prescriptions for medication... 

Russia Claims CIA Agent to be Deported

On Tuesday, the security services in Russia claimed they had arrested an agent of the CIA who was posing as a U.S. Embassy employee in Moscow. The Russian’s alleged that the agent was attempting to recruit a secret service agent from Russia to work for the U.S. Russia’s Federal Security Service announced the detention of a man they identified as Ryan Fogle on May 13 for the attempted recruiting... 

Natural Gas Exports could increase under Obama

Natural gas production in the U.S is setting new records annually. Times of surging prices because of shortages are a thing of the past and talk now is about how much of the natural resource should be exported. Just a couple of years ago, exporting would have been unthinkable as demand far exceed supply, but today the exporting of liquefied natural gas is thought of as a means for help the country’s... 

Middle East Unemployment could be helped through Job Training

Analysts have said that until deeper reforms regarding the economy can kick it, micro loans, job training and helping to establish businesses is a way to fix the Middle East’s huge unemployment problem. One of the causes of high unemployment with youths in the region is the gap between what is being taught to students in schools and universities versus the skills that are needed by employers. In... 

American Idol could have all new Judges next season

This season has not been good for American Idol. Judges have argued with one another and television ratings have plummeted by more than 25% compared to last season. That has put the show’s judges Mariah Carey, Keith Urban and Nicki Minaj on the hot seat. Last week, veteran judge Randy Jackson announced he would leave Idol at the end of this season. However, it might not be just Jackson who is leaving... 

Prescription Medication Costs Down in 2012

For just the first time in close to 60 years consumers in the U.S. spent less in 2012 on prescription medication than in the previous year. A recent report says that consumers spent 1% less for medication and that drop was attributed to more generic drugs entering the marketplace when drug patent protection expires. Many times, drug makers lament when medications lose their patent protections. They... 

First Quarterly Profit in Five Years for Sony

Sony Corp the electronics giant based in Tokyo, announced its earnings for its fiscal fourth quarter on Thursday. The company said it had achieved a profit during the quarter for the first time in close to five years, aided by the one-time gains from office buildings and shareholding sales. The profit by Sony for the past three months reverses a large loss sustained during the same quarter 12 months... 

Profits Triple at Toyota

On Wednesday, Toyota announced that its net profit for a full year had tripled to end at $9.7 billion. Cost cutting and a weak yen helped to inflate the Japanese and world’s largest automaker’s bottom line. The automaker giant also announced it was headed towards another huge profit for its current fiscal year, which underscored the recovery amongst Japan’s largest automakers following the earthquake... 
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