Alex Nussbaum, Author at Providence Business News

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THE FIRST ITERATION OF A TAX overhaul bill in the House of Representatives proposed reducing and cutting tax breaks for renewable energy companies. / BLOOMBERG FILE PHOTO/KEN JAMES

Fossil-fuel friendly tax plan spares oil, not solar, wind or Tesla

Government 11/03/2017

NEW YORK - The tax overhaul proposed in the U.S. House looks like a better bet for oil and natural gas companies than solar...

Drivers may pay for next step in fight against air pollution

Capital Goods 01/12/2016

NEW YORK - Some U.S. drivers may soon see a new expense at the gas pump: the cost of taking the global-warming fight on...

Carbon-trading program generates $1.3B in U.S. Northeast

Economic Activity 07/15/2015

A cap-and-trade program for carbon dioxide generated $1.3 billion in benefits for nine U.S. states, a finding that may win converts elsewhere in the...

Obamacare deadline extended as almost 2 million use site

Health Services 12/24/2013

WASHINGTON – Consumers waiting until the last minute to buy health coverage under Obamacare received a reprieve as a record number of users visited...

PRESIDENT BARACK OBAMA plans to give health insurers an extra month to set 2015 rates under the Affordable Care Act. The enrollment period previous scheduled to begin Oct. 15, 2014, will not start Nov. 15, according to a U.S. Department of Health and Human Services official. / BLOOMBERG PHOTO/JOSHUA ROBERTS

Obama to give health insurers extra month to set 2015 rates

Government 11/22/2013

WASHINGTON – The Obama administration plans to push back by a month the second-year start of enrollment in its health program to give insurers...

Obamacare deductibles of $6,000 leave low-cost policies a gamble

Government 11/15/2013

NEW YORK – Americans seeking cheap insurance on the Obamacare health exchanges may be in for sticker shock if they get sick next year,...

UNITEDHEALTH GROUP INC. reported third-quarter sales below analysts' expectations. Revenue climbed 12 percent to $30.6 billion, while analysts had estimated $30.9 billion, on average.

UnitedHealth slips as profit match leaves investors wanting

Health Services 10/17/2013

NEW YORK - UnitedHealth Group Inc., the biggest U.S. health insurer, reported third-quarter sales below analysts’ expectations while declining to raise its profit projections,...

Cigna weighs sale or outsourcing of pharmacy-benefits unit

Economic Activity 03/05/2012

GREENSBORO, N.C. - Cigna Corp. is considering selling or outsourcing its pharmacy-benefits division, a business that might fetch $1.5 billion for the U.S. health...

FILE PHOTO: ENFAMIL infant formula, made by Mead Johnson Nutrition Co., sits on display in a supermarket in New York in 2009. / BLOOMBERG NEWS FILE PHOTO DANIEL ACKER

Mead Johnson rises after company says infant formula is safe

Capital Goods 12/27/2011

WASHINGTON - Mead Johnson Nutrition Co., the world’s leading seller of children’s formula, jumped in early trading after the company said tests showed no...