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Employers cut 533K jobs in Nov., most in 34 years- Skittish employers slashed 533,000 jobs in November, the most in 34 years, catapulting the unemployment rate to 6.7 percent, dramatic proof the country is careening deeper into recession.
- News of a rapidly weakening job market is sending stocks lower in early trading.
Thailand reopens main international airport- Dancers, drummers and apologetic tourism officials greeted travelers Friday at the official reopening of Thailand's main international airport, which was shut down for a week by anti-government protesters.
US general spells out Iraq mission under new pact- A security pact that sets a timetable for troops to leave Iraq requires a shift in how the U.S. carries out combat missions during its remaining time in the country, the top U.S. military commander in Iraq said Friday.
- Stock intended to eventually earn taxpayers a profit as part of the Bush administration's massive bank bailout has lost a third of its value - about $9 billion - in barely one month, according to an Associated Press analysis. Shares in virtually every bank that received federal money have remained below the prices the government negotiated.
Auto bailout could be tied to gov't-run overhaul- The government would order a major restructuring of Detroit's struggling Big Three auto companies in exchange for a multibillion-dollar bailout under a plan circulating in Congress.
- Barack Obama, who rewrote the book on presidential fundraising, amassed more than $745 million during his marathon campaign, more than twice the amount obtained by his rival, Republican John McCain.
AP Enterprise: Deaths loom over self-defense laws- A convenience store clerk chased down a man and shot him dead over a case of beer this summer and was charged with murder. A week later, a clerk at another Jackson convenience store followed and fatally shot a man he said tried to rob him, and authorities let him go without charges.
- Paul Benedict, the actor who played the English neighbor Harry Bentley on the sitcom "The Jeffersons," has died. He was 70.
Giants' Pierce to meet with NYC investigators- Antonio Pierce is finally going to talk to investigators about what he did on the night Plaxico Burress shot himself.
ACS Signs Colorado Child Health Program Extension
DALLAS
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Colorado CHP+ provides healthcare services for children 18 years of age and under in families with incomes at or below 200 percent of the Federal Poverty Level. More than 52,000 children are currently enrolled in the CHP+ program.
"Our focus is to continue to build a strong relationship with the state and deliver exceptional service for this vital program for the children of Colorado," said Christopher T. Deelsnyder, ACS senior vice president and managing director, Government Healthcare Solutions.
This contract was originally awarded to ACS in 2003 to support enrollment of uninsured children into the Colorado CHP+. ACS will continue to provide multilingual call center services to providers and members who need information about the CHP+ application and eligibility processes. ACS will also continue to process CHP+ applications, determine eligibility, collect enrollment payments, manage complaints and appeals, handle correspondence, and administer a web site for the CHP+ Program.
ACS is a national leader in state healthcare program administration,
offering a full spectrum of systems and complementary services through an
integrated solution. From care management solutions and child health programs
to pharmacy benefits management and traditional Medicaid fiscal agent
services, ACS has a proven track record and extensive program management
expertise. ACS is also a pioneer in fraud and abuse protection and other cost
containment methodologies, and is known for its collaborative approach to
client relationships that produce results over the long term. ACS supports
more than 23 million program recipients and processes nearly 550 million
Medicaid healthcare claims annually, representing close to
ACS, a global FORTUNE 500 company with 60,000 people supporting client operations reaching more than 100 countries, provides business process outsourcing and information technology solutions to world-class commercial and government clients. The company's Class A common stock trades on the New York Stock Exchange under the symbol "ACS." ACS makes technology work. Visit ACS on the Internet at http://www.acs-inc.com.
The statements in this news release that do not directly relate to historical facts constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are subject to numerous risks and uncertainties, many of which are outside the Company's control. As such, no assurance can be given that the actual events and results will not be materially different than the anticipated results described in the forward-looking statements. Factors could cause actual results to differ materially from such forward-looking statements. For a description of these factors, see the Company's prior filings with the Securities and Exchange Commission, including our most recent filing. ACS disclaims any intention or obligation to revise any forward-looking statements, whether as a result of new information, future event, or otherwise.
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