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Colorado House approves bill lifting spending cap

Colorado House of Representatives members gave final approval to a legislative proposal removing the state’s general-fund spending cap Thursday, but only after removing a day-old provision that would have stripped designated transportation funding from the bill.

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Two sentenced in $40M medical fraud case

Two Valley residents have been sentenced in a $40 million medical fraud case.

Feds to delay ruling on United Theraputics’ hypertension drug

United Therapeutics Corp. said federal regulators have pushed off their decision on whether to approve the Silver Spring biotech’s experimental inhaled hypertension drug for another three months. (UTHR)

Ampco-Pittsburgh profit falls

Net income at Ampco-Pittsburgh Corp. (NYSE:AP) slipped 28 percent, as the manufacturer blamed depressed demand for its specialty steel products. (AP)

Poizner asks for lower workers’ comp rate increase

California Insurance Commissioner Steve Poizner on Tuesday urged a workers’ compensation rate advisory group to lower its recommended rate increase, and he announced he’ll hold a hearing in June on rising medical treatment costs.

Blue Cross and Blue Shield of North Carolina names new CFO

Blue Cross and Blue Shield of North Carolina has promoted Gerald Petkau to chief financial officer, the Chapel Hill-based nonprofit announced Tuesday.