BRIEFCASE BLUE CROSS, SBA PUSH HEALTH PLANS.Byline: - Staff and Wire Services THOUSAND OAKS - In an attempt to give health insurance coverage to more small companies, Blue Cross of California and the U.S. Small Business Administration announced a partnership on Monday. The partners will develop free workshops, educational materials and a Web site to encourage employers in the Los Angeles, Ventura and Santa Barbara areas to look for viable health plans for their workers. Treasury bill treasury bill n. a promissory note issued in multiples of $10,000 by the U. S. Treasury with a maturity date of not more than one year. (See: treasury bond, treasury note) rates mixed at auction WASHINGTON - Interest rates on short-term Treasury securities Treasury securities Securities issued by the US Department of the Treasury. were mixed in Monday's auction. The Treasury Department sold $19 billion in three-month bills at a discount rate of 2.180 percent, down from 2.220 percent last week. An additional $17 billion was sold in six-month bills at a rate of 2.465 percent, up from 2.425 percent. The three-month rate was the lowest since Nov. 22, when the bills sold for 2.155 percent. The six-month rate was the highest since Sept. 17, 2001, when the rate was 2.570 percent. In a separate report, the Federal Reserve said Monday that the average yield for one-year constant maturity Constant Maturity Used by the Federal Reserve Board to quote the yields on various treasury securities, adjusted to an equivalent maturity.Notes: By providing the constant maturity yields, the Fed allows investors to compare against securities with the same maturity date (such as corporate bonds).Constant maturity yields are often used by lenders to determine mortgage rates. Treasury bills Treasury bills Debt obligations of the US Treasury that have maturities of one year or less. Maturities for T-bills are usually 91 days, 182 days, or 52 weeks. Treasury bills are sold at a discount from face value and do not pay interest before maturity. The interest is the difference between the purchase price of the bill and the amount that is paid to you either at maturity (this amount is the face value) or when you sell the bill prior to maturity., a popular index for making changes in adjustable rate mortgages, rose to 2.66 percent last week from 2.60 percent the previous week. Archway recalls holiday cookies ASHLAND, Ohio - Holiday cookies that may contain pieces of glass have been recalled by Archway Cookies. Archway officials said the company was voluntarily recalling a limited quantity of its 10-ounce Archway Holiday Cashew cashew (kăsh`  , kəsh`), tropical American tree (Anacardium occidentale) of the family Anacardiaceae (sumac family), valued chiefly for the cashew nut of commerce. Nougat Cookies sold nationwide. The only holiday cookies being recalled have the following 2005 expiration dates Feb. 20, Feb 28, Feb. 29, March 3, March 4, March 5, March 10, March 11 and March 24. The product code, which can be found on the right-hand side of the package, is 2750002054. The cookie maker is asking customers not to eat the cookies and return them to the store for a refund. Call (800) 850-2307 for more information. |
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