The House overwhelmingly passed legislation last night to undo flood insurance reform that Congress passed less than two years ago. When homeowners started calling lawmakers about sharp premium hikes, both chambers moved swiftly to ease the pain.
NPR's Ailsa Chang reports.
AILSA CHNAG, BYLINE: In 2012, Democrat Maxine Waters of California put her name on a bill that was meant to help the National Flood Insurance Program dig itself out of huge debt. Last night, she said she made a big mistake.
RadioShack said Tuesday it will close 1,100 retail stores across the country amid a disappointing fourth quarter, in a sign that the electronics retailer is ceding ever-more market share to big box stores and online providers, such as Amazon.
CEO Joseph Magnacca said the closings would leave the company with more than 4,000 U.S. stores still operating. RadioShack did not say which of its stores it planned to shutter.
Some of the nation's largest pharmaceutical companies have dramatically reduced payments to health professionals for promotional speeches amid heightened public scrutiny of such spending, a ProPublica analysis shows.
Eli Lilly & Co.'s payments to speakers dropped by 55 percent, from $47.9 million in 2011 to $21.6 million in 2012.
Pfizer's speaking payments fell 62 percent over the same period, from nearly $22 million to $8.3 million.
Right now, information about the kind of purchases you make, the prescriptions you pay for, the stores and websites you frequent, it's all gathered up by data brokers. That data profile is then bought and sold, and the price is a lot lower than you might think. While your age, income, race, and other factors play a role, the cost of an individual profile is just a fraction of a penny. So what makes the data brokerage industry big business?