Fiat Chrysler Shifting Production Plan
Detroit — Fiat Chrysler Automobiles said last week it will shift its production emphasis toward building more Jeep SUVs, Ram pickups and hybrid or electric vehicles to meet what it sees as permanent changes in the trends driving the North American automotive industry. The automaker now is aiming to sell more than 2 million Jeeps globally by 2018, an increase from its prior target of 1.9 million. FCA said it will add diesel and hybrid...
Employers Test Obamacare By Excluding Some Surgeries
Libbi Stovall couldn’t believe it last month when she looked at the fine print in her company’s 2016 health plan, which supposedly meets the strictest standard for employer obligations under Affordable Care Act rules. The insurance paid for inpatient hospital care, office visits and diagnostic imaging. But it provided no coverage for outpatient surgery, which accounts for two out of every three operations in the nation, according to...
State Finds Violations at Mt. Ascutney
Windsor — A recent surprise inspection by the state found that Mt. Ascutney Hospital didn’t take adequate measures to prevent a terminal cancer patient from falling six times in six weeks and failed to respond to another dying patient’s request to limit treatment to comfort measures. The Dec. 9 inspection also found the Windsor hospital didn’t document the need to use restraints on another patient prone to falls. The Vermont Division...
3 Ways to Make a Better Plan For Your Money in New Year
Chris Hogan has been a staple among personal finance experts. The money guru once worked as vice president of a mortgage company and later turned to helping people successfully manage their money. As a finalist in the 2015 GOBankingRates “Best Money Expert” competition held in collaboration with Ally Bank, Hogan offers this money tip for 2016: “The best thing you can do for your finances is to create a plan. Think about what your...
Breakthrough to Bust: The Rise and Fall of Seldon Technologies
Windsor — If the public was taken by surprise by the Sept. 28 news that Seldon Technologies was shutting down, there was good reason: Just three months earlier, the Windsor water-filtration maker had announced a $20 million contract with a Mexican company to supply 500,000 filtration devices. If the 32 Seldon employees who were laid off that day — without severance — were taken by surprise, there was also good reason: The week before,...