Broker Regulation

Illinois Gov. Pat Quinn is proposing canceling raises for thousands of state employees to help cope with the state's budget crisis.

Frustrated union leaders were working Thursday to persuade Connecticut lawmakers to hold off on deep state budget cuts, which could include thousands of layoffs and lead to changes in future labor contracts.

A judge refused to block a partial enrollment freeze for Arizona's Medicaid program Thursday, but the cost-saving measure is still being delayed as the state waits for federal officials to finish reviewing a proposed implementation plan.

Health Management Associates Inc. said Friday it plans to pay $525 million to acquire seven hospitals in and around Knoxville, Tenn.

The Federation of American Hospitals cut its first-quarter spending on federal government lobbying 30 percent from the year-earlier quarter, when Congress debated and then passed the health care overhaul.

When Connecticut lawmakers return to the state Capitol on Thursday, not only will they be asked to grant Gov. Dannel P. Malloy greater budget-cutting authority, now that state employees have defeated a labor-savings and concessions deal, but to also scale back some of the workers' future benefit