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Tag: U.S.

Nearly half of U.S. adults fear surprise bills, do,

Nearly half of U.S. adults fear surprise bills, do,

Health
Nov. 30 (UPI) -- Nearly half of adults in the United States report that concerns over unexpected medical bills keeps them from seeking care, according to a survey by the American Heart Association. In addition, more than 40% of respondents indicated that if they received an unexpected medical bill for $ 1,000, they would not have the money to pay for it, the data showed. Advertisement Two-thirds of respondents with private health insurance also said they have received an unexpected medical bill, and of those, one in three was not able to pay it. Perhaps as a result, more than 80% of survey respondents would like to see Congress pass legislation to end surprise medical billing, the American Heart Association said. "Surprise medical bills are a major driver of financial anxiety and disrupt...
U.S. Air Force announces next locations for new C-130J cargo planes

U.S. Air Force announces next locations for new C-130J cargo planes

Business
Nov. 25 (UPI) -- Three National Guard bases and a Navy Reserve base were selected to receive new C-130J Super Hercules cargo planes, the U.S. Air Force announced on Wednesday. Louisville Air National Guard Base in Kentucky, McLaughlin ANGB in West Virginia and Naval Air Station Joint Reserve Base in Texas are set to start receiving eight new aircraft each in the coming year. Advertisement Savannah ANGB in Georgia is also scheduled to receive C-130Js "if they become available in the future," officials said in a press release. The Lockheed Martin-built planes are improvements over earlier C-130 variants they will replace, and offer reduced manpower requirements and operating and support costs, providing life-cycle cost savings, the Air Force said. The C-130J climbs faster and higher, flies...
U.S. forces in South Korea, Japan confirm more than 50 new COVID-19 cases

U.S. forces in South Korea, Japan confirm more than 50 new COVID-19 cases

Business
Nov. 23 (UPI) -- U.S. Forces Korea reported 22 positive COVID-19 tests among people arriving at South Korean bases between Nov. 5 and Nov. 20 in a statement on Monday. Contractors, service members and their dependents were quarantined after they arrived at Osan Air Base and at Inchon International Airport. Advertisement Despite the increase in cases, U.S. Forces Korea said that it remains "at a high level of readiness with less than one percent of its active duty service members currently confirmed positive." The positive tests are among 54 new COVID-19 cases identified among U.S. forces in Asia, including 21 over the weekend at Yokota Air Base, near Tokyo. The base currently has 43 active cases, the base reported, during a weekend in which the city of Tokyo reported a record 500 or more...

IPO market in both the U.S. and China to remain strong in the near term, VC exec says

Finance
A cyclist rides before the city skyline at Marina Bay in Singapore.Roslan Rahman | AFP | Getty ImagesSINGAPORE — Going public is expected to the be the main exit road for most start-ups in the near term as corporations are likely to put their merger and acquisition plans on hold due to the coronavirus pandemic, according to the CEO of Vertex Holdings.Vertex is the venture capital arm of Singapore state investor Temasek Holdings and has more than $ 3 billion in assets under management as well as over 200 active portfolio companies. It has six network funds that invest in early-stage tech start-ups, health care start-ups and growth-stage companies spanning across places like the U.S., China, Israel, Southeast Asia and India."I think the IPO market is still going to continue to be strong bas

PNC to buy U.S. operations of Spanish bank BBVA for $11.6 billion

Finance
An ATM is shown at company headquarters for the PNC Financial Services at One PNC Plaza in Pittsburgh, Pennsylvania.Getty ImagesSpanish financial group BBVA has agreed to sell its U.S. business, BBVA USA Bancshares, to PNC Financial Services Group for $ 11.6 billion, the American firm announced Monday.Headquartered in Houston, Texas, BBVA USA Bancshares has $ 104 billion in assets under management, with banking subsidiary BBVA USA operating 637 branches in Texas, Alabama, Arizona, California, Florida, Colorado and New Mexico. The new company will have a coast-to-coast presence in 29 of the 30 largest markets in the U.S., PNC said Monday.The all-cash deal is the second-largest U.S. banking acquisition since the 2008 financial crisis, according to Reuters, and values the American...