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China auto sales slump hits industry fortunes

BEIJING- General Motors Co.' s $5 billion initiative to create cars for China and other emerging markets comes just as automakers face a collapse in the booming Chinese demand they were counting on to power their growth. On Wednesday, Volkswagen AG said its second-quarter profit fell 16 percent due partly to weakness in China, where first-half sales fell 0.5...
Source: The Associated Press | By: By JOE McDONALD, AP Business Writer
Skin doctors urge under-18 ban on tanning beds

BOSTON- Dermatologists who treat skin cancer patients urged state lawmakers on Tuesday to approve a bill that would bar anyone under age 18 from using tanning beds, but salon owners accused critics of overstating the risks. Doctors who testified before the Legislature's Public Health Committee said they had seen a sharp rise in the number of young people...
Source: The Associated Press
China Eastern says looks beyond U.S.-China routes with Delta stake deal

BEIJING/ SHANGHAI, July 28- China Eastern Airlines plans to work with new investor Delta Air Lines to expand its global footprint beyond China-U.S. routes, an executive from the Shanghai- based carrier said. While the airlines will deepen their ties on trans-Pacific routes, there is scope to work in other regions such as Europe, James Wang, China Eastern's board...
Source: Reuters | By: Fang Yan and Sue-Lin Wong
AP tracks missing slave fishing boats to Papua New Guinea

YANGON, Myanmar- From space, the fishing boats are just little white specks floating in a vast stretch of blue water off Papua New Guinea. The trawlers fled a slave island in Indonesia with captives of a brutal Southeast Asian trafficking ring whose catch reaches the United States. After a four-month investigation, The Associated Press has found that at least...
Source: The Associated Press | By: By ROBIN MCDOWELL, MARTHA MENDOZA and MARGIE MASON, Associated Press
State health insurance markets struggle with cost challenges

WASHINGTON- State-run health insurance markets that offer coverage under President Barack Obama's health law are struggling with high costs and disappointing enrollment. Hawaii's marketplace, the latest cautionary tale, was awarded $205 million in federal startup grants. Twelve states and the District of Columbia fully control their markets.
Source: The Associated Press | By: By RICARDO ALONSO-ZALDIVAR, Associated Press
POLL-Australia feels the pinch from global commodity slump

SYDNEY, July 23- Australia appears set for at least another year of sub par economic growth as a downdraught in global commodity prices chills both business spending and export earnings. The latest Reuters poll of analysts expects Australia's A $1.6 trillion economy to grow 2.5 percent in 2015, little changed on last year and down from April's forecast of 2.6...
Source: Reuters | By: Wayne Cole
Why Alzheimer's should have women twice as afraid

A news study shows that women suffering from Alzheimer's worsen twice as fast as their male counterparts, NBC News reports.
Source: NBC News | By: Maggie Fox
Medicaid enrollment surges, stirs worry about state budgets

-More than a dozen states that opted to expand Medicaid under the Affordable Care Act have seen enrollments surge way beyond projections, raising concerns that the added costs will strain their budgets when federal aid is scaled back starting in two years. That's greater than what was initially predicted through 2021. As a result, the state revised its...
Source: The Associated Press | By: By CHRISTINA A. CASSIDY, Associated Press
Medicaid enrollment surges, stirs worry about state budgets

ATLANTA- More than a dozen states that opted to expand Medicaid under the Affordable Care Act have seen enrollments surge way beyond projections, raising concerns that the added costs will strain their budgets when federal aid is scaled back starting in two years. That's greater than what was initially predicted through 2021. As a result, the state revised its...
Source: The Associated Press | By: By CHRISTINA A. CASSIDY, Associated Press
GLOBAL MARKETS-Shares rise on rebound in oil prices; dollar slips

*Nuclear deal reached between Iran, global powers. NEW YORK, July 14- Stock markets worldwide rose modestly on Tuesday after a landmark nuclear deal between Tehran and six global powers left sanctions on Iran in place for now, spurring gains in energy shares, while expectations for weak corporate results capped U.S. share gains. The deal, which is set to ease...
Source: Reuters | By: Sam Forgione