Technology giant Apple is buying a large manufacturing space in Arizona, where high-tech glass for its devices will be produced. The move is being hailed in Arizona, where the economy remains slowed by the U.S. housing market crisis.
From Phoenix, Mark Moran of member station KJZZ reports for our Newscast unit:
Big box retailer Target said it will remove questions about prior arrests on its job applications, but many companies still ask. Host Michel Martin speaks with Madeline Neighly from the National Employment Law Project and Elizabeth Milito from the National Federation of Independent Businesses about the pros and cons of the practice.
It's open enrollment time again, the autumn period when many people with job-based health insurance ante up for another year.
Although news reports have fixated on the problems with the online health marketplaces that launched Oct. 1, for the vast majority of people that's a nonissue. If they get insurance through a job at a company that has at least 50 employees, they probably won't be using the marketplaces, also called exchanges.
Luxury property in the Big Apple goes for an average of around $2,000 a square foot. Much cheaper than comparable apartments in London at nearly $10,000 a square foot or $8,800 in Hong Kong. But The New York Times reports with the wealthy flocking to Manhattan, prices are going up.
With a vote of 61-30, the Senate voted to move forward on legislation that would prohibit workplace discrimination on the basis of sexual orientation and gender identity. Monday's vote opens the floor to debate on the bill and the Senate is expected to schedule a full vote by week's end.
Johnson & Johnson became the latest drugmaker to reach a costly agreement with the federal government over charges of improper marketing. The widely anticipated settlement, unveiled Monday, covers Natrecor, a drug for congestive heart failure, and antipsychotics Risperdal and Invega.
Originally published on Tue November 5, 2013 4:24 am
Last year, Sacramento Kings fans were saying goodbye, expecting the NBA team to move to Seattle. But new ownership came together just in time, and the Kings stayed put. The new management plans to build the Kings into a contender, and a big part of that blueprint involves building up a fan base in — believe it or not — India.
More than 12 million Americans buy health insurance on their own, and many are getting cancellation notices because their individual coverage does not meet the standards of the Affordable Care Act. This is causing anxiety and anger — especially since most of these people can't get onto the healthcare.gov website to figure out their options for 2014.
Originally published on Tue November 5, 2013 4:15 am
The world's top 100 billionaires have a combined fortune of $2.1 trillion, according to Bloomberg Markets magazine. In the latest issue out Tuesday, it lists the richest of the rich. Morning Edition's David Greene talked to editor Matthew Miller, who oversees the rankings.
As we mentioned a few minutes ago, the hedge fund company SAC Capital has agreed to plead guilty to criminal charges of insider trading. The agreement with the Justice Department also calls for a huge fine, $1.2 billion. And as NPR's Jim Zarroli reports, the company will also be barred from taking money from outside investors.
From NPR News, this is ALL THINGS CONSIDERED. I'm Audie Cornish at NPR West in California.
MELISSA BLOCK, HOST:
I'm Melissa Block in Washington, D.C.
And we begin this hour with news of two huge corporations, each of them resolving criminal and civil allegations in two separate cases. One is the hedge fund SAC, pleading guilty to insider trading. The other, pharmaceutical giant Johnson & Johnson, paying $2.2 billion to settle criminal and civil investigations. And we'll start with that story.
This is ALL THINGS CONSIDERED from NPR News. I'm Melissa Block in Washington.
AUDIE CORNISH, HOST:
And I'm Audie Cornish at the studios of NPR West in Culver City, California. We're going to kick things off this hour with All Tech Considered because much of my focus out here this week will be tech. In a moment, I'll introduce you to a Silicon Valley company that has revolutionized the way we watch sports on TV, but first, to the week's biggest tech story.