Confirming one of the week's less-secret secrets, the White House announced Friday morning that President Obama intends to nominate Sen. Max Baucus, D-Mont., to be the next ambassador to the People's Republic of China.
The 72-year-old Baucus has been in the Senate since 1978. He is chairman of the Senate Finance Committee.
Originally published on Fri December 20, 2013 2:09 pm
Politicians in the Dominican Republic have long courted Dominicans in the U.S. for votes. That relationship has strengthened in the past couple of years; in 2011, the Dominican government established seven representatives for its communities abroad.
And that influence means activism in the U.S. matters back on the island.
Originally published on Fri December 20, 2013 1:04 pm
Among the memorials to Nelson Mandela put up across India is a billboard in Tamil Nadu that features a photo of actor Morgan Freeman, not the iconic anti-apartheid hero from South Africa who died earlier this month.
At a Ford plant in Michigan, workers load a battery into a Ford C-MAX plug-in hybrid vehicle. The economy picked up speed in the third quarter. Economists caution, though, that it may slow in coming quarters.
Originally published on Fri December 20, 2013 1:14 pm
The U.S. economy expanded at a 4.1 percent annual rate in the third quarter, a significantly faster pace than first thought and its strongest showing since the end of 2011, the Bureau of Economic Analysis said Friday.
After each quarter, the agency spends the next three months reporting and revising its figures on gross domestic product growth.
With just a handful of prescriptions to his name, psychiatrist Ernest Bagner III was barely a blip in Medicare's vast drug program in 2009.
But the next year he churned them out at a furious rate — not just psychiatric drugs, but expensive pills for asthma, cholesterol, heartburn and blood clots.
By the end of 2010, Medicare had paid $3.8 million for Bagner's drugs — one of the highest tallies in the country. He added another $2.6 million the following year, records analyzed by ProPublica show.