Legislation heading to Gov. Jerry Brown would help California transit agencies retain $1.6 billion in federal grants this year that are in jeopardy because of the state's public pension reform law.
A federal judge has ruled Republican Gov. Scott Walker's controversial law stripping most public workers in Wisconsin of nearly all their union rights is constitutional.
The White House is enlisting former President Bill Clinton's help in explaining President Barack Obama's health care law as a key phase of the reform nears.
A Stifel Nicolaus analyst said Monday that the threat of health care spending cuts could hurt a variety of stocks in the health care sector, including companies that own hospitals, rehabilitation and nursing facilities, and companies that own health care real estate.
ING Groep NV says it has agreed to sell a 90 percent stake in its South Korean insurance arm to private equity firm MBK Partners for around $1.66 billion (1.24 billion euros).
Gov. Peter Shumlin says the state of Vermont is going to save $10 million a year by switching the company that manages the health insurance plan for state employees.