Peter Munk built Barrick Gold Corp. into the world’s largest gold producer by expanding into Africa and South America. Now former Goldman Sachs Group Inc. President John Thornton is betting on China to help revive the beleaguered company’s fortunes.
A day after President Barack Obama raised the stakes on his three-year-old health-care overhaul by declaring his online insurance exchange fixed, more than 800,000 people will test the website’s capabilities.
President Barack Obama raised the stakes on his three-year-old health-care overhaul yesterday, declaring that fixes to his administration’s troubled insurance exchange website make it ready to sign up 800,000 people a day.
The U.S. government is replacing a Verizon Communications Inc. unit with Hewlett-Packard Co. as the provider of data-center services for the Obamacare website, a Health and Human Services Department official said.
Americans seeking cheap insurance on the Obamacare health exchanges may be in for sticker shock if they get sick next year, as consumers trade lower premiums for out-of-pocket costs that can top $6,000 a person.
Pepper Hamilton LLP opened a Silicon Valley office yesterday with a team of lawyers from Goodwin Procter LLP. The office is the firm’s third outpost in California and first in the northern part of the state.