California Backs Merger of 2 Giant Blue Cross Plans
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Anthem and Wellpoint Health Networks finally won approval from John Garamen, CaliforniaÂs insurance commissioner, to create the nation's largest health insurer.
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WASHINGTON  - By the end of next year,  consumers in 49 states and the District of Columbia will be  able to buy coverage from a Blue Cross-Blue Shield plan that  they can combine with a Health Savings Account, the BlueCross  BlueShield Association announced Wednesday.
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BIRMINGHAM, Ala. -- Two big stores are preparing for a mega-merger. Kmart Holding Corp. and Sears, Roebuck and Co. have decided to join forces.
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California voters appeared to be giving overwhelming approval Tuesday to a measure that establishes a state-sponsored stem cell research facility that would include the use of embryonic stem cells.
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Massachusetts is about to lose another corporate headquarters -- but not many jobs. In a $1.5 billion deal made public yesterday, Wakefield's PolyMedica Corp. , a mail-order company that sells drugs and supplies to diabetes patients, agreed to sell itself to Medco Health Solutions Inc., the country's biggest manager of drug benefits.
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Wachovia Corp. WB.N and Golden West   Financial Corp. GDW.N easily won shareholder approval on   Thursday for their merger, which would combine the   fourth-largest U.S. bank with the No. 2 U.S. savings and loan.
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&quot;California Healthcare Institute congratulates Gov. Schwarzenegger on his bold decision to endorse Prop. 71, the California Stem Cell Research and Cures Initiative,&quot; said CHI president &amp; CEO David Gollaher.
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U.S. antitrust authorities approved plans by the Chicago Mercantile Exchange Holdings Inc.  on Monday to acquire CBOT Holdings Inc. , saying the proposed combination of the two largest U.S. futures markets probably would not hurt competition.
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NEW YORK, November 10  - California&#39;s insurance commissioner has approved the proposed $16.5 billion merger between Anthem Inc (ATH.
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Blue Cross &amp; Blue Shield of Massachusetts plans to spend about $50 million to electronically link doctors, hospitals, and other healthcare providers in three Massachusetts communities, allowing them to share and access patients' medical records.
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The California Department of Insurance reaffirmed its opposition to the proposed WellPoint Inc. merger with fellow health care giant Anthem Inc.
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LONDON - US cellular operators Sprint and Nextel have confirmed they are planning a $35 billion merger to create the third largest mobile carrier with almost 40m subscribers, behind Cingular, the market leader, and Verizon Wireless, a joint venture
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Shareholders of Chicago Mercantile Exchange Holdings Inc  and CBOT Holdings Inc  voted on Monday to merge the two largest U.S. futures exchanges under one roof.
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Small employers that are only willing to pay one-third of their workers' healthcare insurance premiums can now offer policies through Blue Cross and Blue Shield of Massachusetts. Previously, the state's largest health insurer only offered coverage to companies that contributed at least one-half of premium costs.
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WASHINGTON - Two of America&#39;s oldest retail chains revealed a surprise US$11.5-billion merger plan yesterday that will see Kmart and Sears springboard to become the third-largest retailer in the United States.
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U.S. antitrust authorities approved  plans by the Chicago Mercantile Exchange Holdings Inc.   on Monday to acquire CBOT Holdings Inc. , saying the  proposed combination of the two largest U.S. futures markets  probably would not hurt competition.
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Shareholders of Alcatel SA and Lucent Technologies Inc. approved the companies' merger plansÂ Thursday, clearing one of the last hurdles to a mammoth consolidation in the communications equipment business.