International Business News - Payments http://www.ibtimes.com All articles are copyrighted by IBTimes.com 400 100 http://www.ibtimes.com/ http://www.ibtimes.com/images/top_logo_ibt2_3.gif Blue Cross Blue Shield of North Dakota is dropping plans for a 2.5 percent reduction in payments to medical providers, even though doing so will worsen the health insurer's money problems, Chief Executive Michael Unhjem said. They were scheduled to take effect next week. http://www.ibtimes.com/articles/20080724/nd-blue-cross-drops-plan-for-medical-payments-cut.htm Thu, 24 Jul 2008 11:50:56 EDT Late payments on consumer loans dipped slightly in the first three months of the year, but remained at a level not seen since the early 1990s. The American Bankers Association said Wednesday that late payments on a broad sample of consumer loans fell to 2.62 percent in the January-March quarter, down from 2.65 percent in the last quarter of 2007. http://www.ibtimes.com/articles/20080702/late-payments-on-consumer-loans-dipped-in-1q.htm Wed, 02 Jul 2008 12:32:54 EDT Rural counties that face financial collapse from the loss of federal timber payments need to raise local taxes while the Oregon Legislature and Congress grapple with long-term solutions to a problem that touches the entire state, a task force told the governor. http://www.ibtimes.com/articles/20080624/study-ore-timber-counties-need-breathing-room.htm Tue, 24 Jun 2008 10:32:22 EDT Global Payments Inc., a provider of electronic payment processing services, said Tuesday it will create a joint venture with HSBC Bank PLC. The new venture, called HSBC Merchant Services, will provide payment processing services to merchants in the United Kingdom and worldwide on the Internet. http://www.ibtimes.com/articles/20080617/global-payments-hsbc-to-launch-joint-venture.htm Tue, 17 Jun 2008 08:50:23 EDT Maryland and other Mid-Atlantic state regulators have filed a complaint Friday with the federal government against a regional transmission company, arguing that auctions for electricity prices resulted in unreasonably inflated prices. http://www.ibtimes.com/articles/20080603/maryland-joins-other-states-in-ferc-complaint.htm Tue, 03 Jun 2008 10:59:28 EDT The Bush administration is threatening to veto any legislation that protects doctors' Medicare payments at the expense of private insurers. Beginning July 1, reimbursement rates for doctors will drop 10.6 percent when they treat elderly and disabled patients participating in Medicare. http://www.ibtimes.com/articles/20080530/administration-dont-cut-insurer-payments.htm Fri, 30 May 2008 08:53:28 EDT The Bush administration is threatening to veto any legislation that protects doctors' Medicare payments at the expense of private insurers. Beginning July 1, reimbursement rates for doctors will drop 10.6 percent when they treat elderly and disabled patients participating in Medicare. http://www.ibtimes.com/articles/20080529/administration-dont-cut-insurer-payments.htm Thu, 29 May 2008 19:13:22 EDT Legislation that would require prescription drug makers to disclose payments to doctors got a boost Tuesday when Eli Lilly and Co., broke ranks with the industry and endorsed the bill. http://www.ibtimes.com/articles/20080513/disclosing-drug-makers-payments-to-docs-gets-boost.htm Tue, 13 May 2008 16:57:36 EDT Trucking and logistics company YRC Worldwide Inc. said Monday its interest payments will increase up to $4 million this year under an amendment it negotiated with its lenders. http://www.ibtimes.com/articles/20080421/yrc-worldwide-interest-payments-rise-between-1-5m-and-4m.htm Mon, 21 Apr 2008 14:50:26 EDT Philip Morris USA and R.J. Reynolds say they made their full annual payments as part of an agreement under which some cigarette makers pay states for health care costs attributed to smoking. Philip ... http://www.ibtimes.com/articles/20080415/philip-morris-usa-rjr-make-payments-on-tobacco-settlement.htm Tue, 15 Apr 2008 13:59:34 EDT Federal health officials on Monday proposed adding dangerous blood clots in the leg and eight other conditions to the list of complications that Medicare won't pay to treat if they were acquired at ... http://www.ibtimes.com/articles/20080414/feds-try-to-cut-costs-of-hospital-errors.htm Mon, 14 Apr 2008 18:07:15 EDT The government on Monday said it would raise payments next year to insurers that provide health care coverage to seniors by 3.6 percent, a slight increase from last year's boost. The increase appli... http://www.ibtimes.com/articles/20080407/govt-raises-payments-to-health-insurers.htm Mon, 07 Apr 2008 18:44:33 EDT Borrowers fell behind on their car, home equity and home improvement loans in last three months of 2007 at a delinquency rate not hit since the early 1990s. The American Bankers Association reported... http://www.ibtimes.com/articles/20080403/late-loan-payments-highest-since-1992.htm Thu, 03 Apr 2008 19:05:39 EDT Borrowers fell behind on their car, home equity and home improvement loans in last three months of 2007 at a delinquency rate not hit since the early 1990s. The American Bankers Association reported... http://www.ibtimes.com/articles/20080403/late-loan-payments-surge.htm Thu, 03 Apr 2008 18:04:39 EDT Electronic transaction processing company Global Payments Inc. raised its fiscal 2008 outlooks Thursday, saying its merchandise services segment is performing well. http://www.ibtimes.com/articles/20080327/global-payments-raises-2008-forecasts.htm Thu, 27 Mar 2008 17:37:45 EDT Electronic transactions services company Global Payments Inc. said Thursday that its fiscal third-quarter profit grew 17 percent, surpassing analyst expectations. http://www.ibtimes.com/articles/20080327/global-payments-fiscal-3q-profit-rises.htm Thu, 27 Mar 2008 17:24:33 EDT The state has settled a long-running dispute with two American Indian tribes over the Michigan Lottery Club Keno game. Governor Jennifer Granholm on Friday announced the new deal with the Little River Band of Ottawa Indians and the Little Traverse Bay Bands of Odawa Indians. http://www.ibtimes.com/articles/20080321/mich-settles-with-tribes-over-lottery.htm Fri, 21 Mar 2008 11:19:54 EDT Global Payments Inc. said Friday its board declared a quarterly dividend of 2 cents per share. The electronic transactions services company said the dividend is payable Feb. 29 to shareholders of record as of Feb. 15. http://www.ibtimes.com/articles/20080204/global-payments-sets-quarterly-dividend.htm Mon, 04 Feb 2008 06:58:34 EST Businesses in the 15 nations that use the euro currency should start to see faster and cheaper payments starting Monday as banks launch new rules for transferring euros over the next three years, European officials said. http://www.ibtimes.com/articles/20080128/euro-payment-rules-launch.htm Mon, 28 Jan 2008 16:59:11 EST Thousands of Ukrainians streamed to state bank offices Friday to get full or partial compensation for savings lost amid the 1991 Soviet breakup _ a promise of newly appointed Prime Minister Yulia Tymoshenko that some analysts caution could hurt the economy. http://www.ibtimes.com/articles/20080111/ukraine-compensation-for-soviet-savings.htm Fri, 11 Jan 2008 12:05:00 EST