China's biggest online retailer, the Alibaba Group, reportedly has decided it will not launch its Initial Public Offering on the Hong Kong stock exchange. Instead, it wants to bring the IPO to New York. Alibaba processed $170 billion in transactions last year — more than Amazon and eBay combined.
Imagine running power lines through a cathedral. That's how archaeologists describe what the Bonneville Power Administration proposes doing in the Columbia River Gorge in Washington state. The federal electricity provider is trying to string a new transmission line near a cave that contains ancient paintings, a site considered sacred by Native Americans.
President Obama's health care law has so far survived challenges in Congress and the courts. But its biggest test could begin next week. That's when the online marketplaces offering health care coverage to the uninsured are set to start signing people up. The question is, will they come?
Premiums in the health insurance exchanges set to open next week will be lower than anticipated, the Obama administration announced Wednesday.
According to a report released by the Department of Health and Human Services, "premiums nationwide will ... be around 16 percent lower than originally expected," and 95 percent of uninsured people live in a state with average premiums that are lower than expected.
Alabama's attorney general is telling a federal judge that blocking the new Alabama Accountability Act won't help students in failing public schools.
Attorney General Luther Strange is trying to get U.S. District Judge Keith Watkins to dismiss a lawsuit filed by the Southern Poverty Law Center on behalf of eight students in failing schools.
The suit challenges the law on equal protection grounds, saying the law's transfer provisions aren't open to the students because there aren't any non-failing public schools or private schools nearby that will accept transfers.
There will be more passenger flights in the Asia-Pacific than anywhere else in the world in the next 20 years, with the region accounting for a third of all new commercial aircraft orders, according to Airbus's latest Global Market Forecast.
Originally published on Tue September 24, 2013 2:18 pm
Miami-based Carnival Corp., the world's largest cruise operator, reported a third quarter profit nearly a third lower than a year ago following a series of embarrassing and deadly mishaps involving its ships.
Carnival turned a $934 million profit for the period June through August, down 30 percent from the same quarter in 2012.
The University of Alabama Faculty Senate planned to resume discussions of a statement urging action by the school administration after recent allegations of racial discrimination during sorority recruitment and voter fraud by Greek organizations.
The Tuscaloosa News reports (http://bit.ly/1gW1alL) that the senate began discussing the statement on Sept. 17. Faculty Senate President Steve Miller said the latest draft will be released Tuesday at a 3:30 p.m. meeting.
All right. Let's talk more about that debate in Congress, which must pass a bill by Sept. 30 to keep the government running or see a partial shutdown. Republicans in the House passed a bill to fund the government but defund Obamacare; and now that bill is in the Senate, where Richard Durbin of Illinois is the Senate majority whip, the No. 2 Democrat in charge of counting votes. Senator, welcome back to the program.
OK, it's getting a bit colder in many areas of the country. We've got those brisk mornings and chilly evenings. Great weather. Football weather for many of us. For many state tourism offices, of course, it means gearing up for a lucrative time of year known as foliage season. Travelers can use websites and apps to learn where and when fall colors are supposed to be the most brilliant. And predicting that in Vermont is serious business.
GREENE: The automaker Chrysler filed for an initial public offering late yesterday. After 41 consecutive months of auto sales growth, now might seem like the perfect time for the Detroit carmaker to sell shares to the public.
But as NPR's Sonari Glinton reports, this sale could be as much about brinksmanship as an IPO.