Recent Posts

House GOP Frowns on Medicaid Cuts

WASHINGTON – A group of House Republicans is balking at a Bush administration proposal that would squeeze $20 billion out of the Medicaid (search) program over the next five years. It’s the third budget cut proposed by President Bush that has rankled more than a few members of his own …

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Stun Gun Maker Taser Warns on Revenue

CHICAGO – Taser International Inc. (TASR) on Friday said first-quarter revenue would miss Wall Street estimates because of adverse publicity about the safety of its stun guns, sending its shares down 14 percent. Shares of Taser traded down $1.68, or 14 percent, at $10.31 on the Nasdaq market, down from …

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Wendy's Profit Dips; Finger Case Cost $2.5M

CHICAGO – Wendy’s International Inc. (WEN) on Thursday said first-quarter profit dipped, hurt by higher beef costs and lost sales after a woman claimed she found a human finger in a bowl of Wendy’s chili. Police arrested the woman last week, claiming she carried out a hoax. The charge cost …

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