| Mammoth, meteorite or bezoar? Christie's offering all 3 in unusual ...
Christie's auction house in Paris, which usually sells fine art and furniture, is hosting an unusual auction of paleontological curiosities, including several prehistoric mammals. Skeletons of a 10,000-year-old, four-metre-long rhinoceros and a two-metre-high cave bear are also going under the hammer. The skeletons are currently owned by a private collector but buyers may include museums or artists, said Christie's spokeswoman Capucine Milliot. The auction is not to all paleontologists' liking. Pascal Tassy, professor at Paris's Natural History Museum, has decried the selling off of specimens that could be useful to science. "It is a pernicious consequence of the Jurassic Park effect," he said. "In the past, private collectors donated to museums, it was a great time of patronage.
CMS Rule on Competitive Bidding for Durable Medical Equipment ...
ALEXANDRIA, Va., April 10 /PRNewswire-USNewswire/ -- A final rule (CMS- 1270-F) issued by the Centers for Medicare & Medicaid Services (CMS) that exempts diabetes testing products from competitive bidding requirements ensures that Medicare beneficiaries will be able to purchase these products from their local pharmacy. The rule is a victory for patients and community pharmacists who had opposed burdensome new federal government regulations that would have forced many small pharmacies to stop providing diabetes testing supplies. Diabetes supplies that are purchased at community pharmacies, including blood glucose level monitors and testing strips and lancets, were among a short list of durable medical equipment, prosthetics, orthotics, and supplies (DMEPOS) spared from CMS' new competitive bidding requirements that go into effect in 10 metropolitan statistical areas (MSAs) next year.
Traders see US March core CPI up 0.2 pct in auction
NEW YORK, April 17 (Reuters) - Traders were betting on Tuesday that the U.S. government's gauge on core consumer inflation rose about 0.2 percent in March, according to the implied median market forecast of a derivatives auction. The result on the core rate of the Consumer Price Index (CPI), which excludes volatile food and energy prices, was in line the median forecast among economists polled by Reuters. The core CPI rose 0.2 percent in February. The U.S. Labor Department will issue its March CPI data including the core rate at 8:30 a.m. (1230 GMT). Investors use the auctions to hedge against surprises in the report. Traders also use the auctions to speculate on the outcome. The economic derivatives auctions run on a system owned by the International Securities Exchange (ISE.N: Quote, Profile, Research), and the trades are cleared by the Chicago Mercantile Exchange (CME.N: Quote, Profile, Research).
Around the Rings 2014 Olympic Bid Power Index: Salzburg Leads ...
(ATR) Salzburg holds onto a shrinking lead in the latest edition of the Around the Rings 2014 Olympic Bid Power Index. PyeongChang and Sochi, meanwhile, dash to the finish, although those bids are failing to gain much ground in a lackluster race. The IOC votes July 4 in Guatemala.
This is the first edition of the Power Index since the cities submitted their bid books and hosted visits by the IOC Evaluation Commission in February and March. The previous index was issued on October 20, when Salzburg had a score of 87. In the latest index, the score drops to 82, still enough to edge out the other two.
2014 Winter Olympic Power Index - April 22 2007 .
Japan's 30-Year Bonds Climb; Auction Demand Highest Since 2002
April 17 (Bloomberg) -- Japanese bonds gained after a sale of 30-year government debt drew the highest demand since May 2002 and stocks declined. The spread between yields on two- and 30-year debt reached the widest in almost seven weeks yesterday, signaling longer- dated debt offers more value relative to shorter-term notes. Demand at the debt auction rose on speculation consumer prices excluding fresh food will drop further after falling in February for the first time in 10 months. ``Thirty-year bonds are cheap given that there's little threat of faster inflation and shorter notes aren't pricing in chances for an interest-rate increase in the months ahead,'' said Naruki Nakamura, who helps manage the equivalent of about $3.3 billion of bonds in Tokyo at Fischer Francis Trees & Watts, which is partly owned by BNP Paribas SA, France's largest bank.
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