Enrollment is picking up in new health insurance marketplaces. But the 365,000 who've signed up as of November 30 is a fraction of just one high-visibility group – those whose previous insurance has been cancelled because it didn't meet Affordable Care Act standards.
They're people like Doug Normington, a 58-year-old self-employed videographer in Madison, Wis., who has struggled to buy new insurance since late October.
Originally published on Thu December 12, 2013 9:18 am
Data such as the weekly figures on jobless claims are supposed to be "seasonally adjusted" to account for temporary factors that aren't really connected to the underlying strength or weakness of the economy.
But Thursday morning's report seems to underscore how hard it can be to make such adjustments.
NPR's business news starts with a bank writing another big check.
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INSKEEP: The Royal Bank of Scotland was fined $100 million yesterday for violating American sanctions on Iran and Cuba. The bank had given its U.K. employees step-by-step instructions on how to keep transactions from being detected for sanctions violations.
Last year, the London-based banks Standard Chartered and HSBC also received fines for breaking U.S. sanctions. Transcript provided by NPR, Copyright NPR.
Passengers told a virtual Santa what they wanted before boarding their flights. While they were in the air, secret shoppers at their destination hit the stores. The passengers arrived in Calgary to find their gifts on the baggage carousel.
California, according to recent budget numbers, is slowly recovering from its years of multi-billion dollar budget deficits. The state is on track to turn a $2.5 billion budget surplus at the end of the current fiscal year. But that's general fund money. It does not address another gaping deficit. The state owes almost $10 billion to the federal government for money spent on unemployment benefits.
In Mexico, Dec. 12 is the day to celebrate the country's most revered religious icon: the Virgin of Guadalupe.
As many as 6 million pilgrims have made their way to the Mexican capital to pay homage to the country's patron saint on Thursday, and one woman has taken her devotion of the Virgin and turned it into a multimillion-dollar company.
Some of the biggest ski resorts anywhere lie in U.S. Rep. Jared Polis' Colorado district, dotting the peaks of Summit and Eagle counties, about a hundred miles west of Denver. The area has a high rate of uninsured people and also, it turns out, health plans that are much more expensive than similar plans in surrounding regions. So expensive that Polis, a Democrat, has asked the federal government to exempt some of his constituents from the requirement to buy health insurance.
Ireland is about to become the first European country to emerge from an international bailout in the wake of the financial crisis. Like other European countries, Ireland has been in a period of austerity — higher taxes and more cutbacks.
The nation's technology sector has been protected, however, as Ireland makes a concerted effort to attract foreign businesses through tax incentives and development programs.
But Ireland's methods have also been criticized — locally and internationally.
Originally published on Wed December 11, 2013 8:38 pm
Unless Congress acts very quickly, some 1.3 million workers will lose their extended jobless benefits on Dec. 28.
Democrats were scrambling late Wednesday to link an extension of benefits to a budget deal that is expected to get a vote as soon as Thursday. But if the effort fails, they will come back at it in 2014.
"We're going to push here after the first of the year for an extension of emergency unemployment insurance when the Senate convenes after the new year," Senate Majority Leader Harry Reid, D-Nev., said on Wednesday.
Meatpacking plants used to be located in urban centers like Kansas City and Chicago. Over the past few decades, many plants have moved to rural Midwestern towns, which have seen a huge influx of immigrants as a result. Yesterday, we reported on tiny Noel, Mo., which has struggled to help assimilate the newcomers who work at a large poultry plant.
And here's even bigger news from General Motors, it has chosen a woman as its next chief executive officer, a first in America's auto industry. She's an engineer at the company insider - which could be a lot more important to GM's future than her gender.
Michigan Radio's Tracy Samilton reports.
TRACY SAMILTON, BYLINE: Mary Barra follows in the wake of two CEOs from outside the auto industry. Dan Akerson ran a large private equity fund before taking the helm of GM. Before him, it was Ed Whitaker - a telecommunications guy.