Medicare Advantage quality ratings for the company dropped, meaning a big drop in revenue from bonus payments.
Nation & World
National and world news from the Portland Press Herald.
Posted inBusiness, Nation & World, News
MIT economist says AI can do only 5% of jobs – and crash may lie ahead
Daron Acemoglu points to reliability issues and a lack of human-level wisdom or judgment, which will make people unlikely to outsource many white-collar jobs to AI anytime soon.
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Posted inBusiness, Nation & World, News
Dockworkers join other unions in trying to fend off automation or minimize its impact
The massive port workers’ strike is highlighting a fear held by many workers that they will be replaced by machines.
Posted inBusiness, Nation & World, News
Tennessee investigating after flooding from Helene swept away 11 factory workers
As the nearby Nolichucky River swelled from rainfall, employees in the Impact Plastics factory kept working. Several asserted that they weren’t allowed to leave in time.
Posted inNation & World
After pressing Israel-Hezbollah cease-fire, Biden administration shifts its message
Just a week after calling urgently for an immediate cease-fire between Israel and Hezbollah to avoid the possibility of all-out war in the Middle East, the administration has shifted its message as Israel presses ahead with ground incursions in Lebanon.
Posted inElection 2024, Nation & World, News, Politics
Harris and Trump are tested by the Mideast, Helene and the port strike in campaign’s final weeks
How events shake out — and how the candidates respond — could be decisive as they claw for votes in battleground states.
Posted inNation & World
Israeli strikes on Lebanon are the most intense and deadly in decades
The IDF’s recent airstrikes on Lebanon killed over 1,400 people, and displaced more than 900,000, a fifth of the population.
Posted inBusiness, Nation & World
U.S. could see shortages, higher retail prices if dockworkers strike drags on
Workers began walking picket lines early Tuesday, picketing near ports all along the East Coast.
Posted inElection 2024, Nation & World, Politics
Walz, Vance focus attacks on top of ticket – not each other: VP debate takeaways
It was the first encounter between Minnesota’s Democratic governor and Ohio’s Republican senator.
Posted inNation & World
Montana man gets 6 months in prison for cloning giant sheep and breeding it
Arthur Schubarth pleaded guilty to charges that he conspired to use tissue from a sheep illegally brought into the U.S. to clone that animal and then use the clone and its descendants to create a larger, hybrid species of sheep that would be more valuable for his captive hunting operations.