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...taking over the posts of chairman and chief executive officer. The resignations came as the company was considering being acquired by its next-largest hospital competitor, Tenet Healthcare, to form a $30 billion, 500-hospital chain. Both Scott and Vandewater denied any wrongdoing in the continuing federal investigation, a multi-agency effort which seeks among other things to determine if the company overbilled federal healthcare programs by millions of dollars. Frist, who founded Hospital Corporation of America with his father more than 30 years ago and became one of Columbia's principal stock holders when Scott acquired his firm, said...
ZURICH, Switzerland: Swiss banks today published multi-page ads in major newspapers from New York to London to Moscow, listing WWII-era depositors in the hopes of reuniting holocaust survivors and their relatives with long-lost money. The lists are an unprecedented step for the famously discreet Swiss banks, and certainly a nifty PR move, coinciding today with the Swiss Bankers Association's announcement that it had found $15 million more that may have belonged to Holocaust victims. Ex-Fed chairman Paul Volcker, who heads an international body charged with tracking missing Holocaust assets, says a new list...
...campus activists are critical of multi-million dollar HMC compensations, particularly at a not-for-profit institution where the president's salary is approximately $250,000 and the average tenured faculty member receives less than half that...
Carnesale also handled complications earlier this year with HUCTW. His stern negotiations sparked a multi-month picket with HUCTW employees greeting Carnesale each morning, sometimes with cutouts of his head on sticks...
...industry so far are substantial, including: a ban on smoking in workplaces and public areas; a ban on all cigarette advertising; a program to gradually reduce teen smoking, reaching 30 percent in five years, 50 percent in seven years and 60 percent in 10 years; an industry-financed multi-billion dollar smoking cessation program; FDA regulation of the industry, and labels that read "smoking kills" on cigarette packs. "What's on the table now goes beyond what any single legal victory could achieve,'' said Massachusetts Attorney General Scott Harshbarger. "If every state won their lawsuits tomorrow, we could not have...