The scope of the collapse of what once was the world's largest bitcoin exchange took shape Friday when Mt. Gox filed for bankruptcy protection in Japan, saying it had lost track of nearly $480 million worth of the virtual currency.
On a Friday, this is MORNING EDITION, from NPR News. I'm David Greene.
The Affordable Care Act will change the way millions of Americans think about their jobs. That's essentially what the Congressional Budget Office has said in its assessment of the law's effect on the economy. They think the law will give some people the option to retire early and others the flexibility to work less.
As NPR's John Ydstie reports, this is already happening.
On Broadway, Thursday is about to become the new Wednesday.
(SOUNDBITE OF SONG FROM THE MOVIE, "PHANTOM OF THE OPERA")
UNIDENTIFIED MAN: (Singing in a foreign language)
GREENE: Several shows, including the "Phantom of the Opera," plan to move their traditional Wednesday matinee to Thursday. Wednesday afternoon performances have never been huge money makers, and some Broadway executives think Thursday matinees will draw in tourists coming for a good long weekend in New York.
NPR's business news starts with dealing with long distance.
(SOUNDBITE OF MUSIC)
GREENE: Dealing - we're talking about poker. Poker players in Delaware and Nevada will one day get to sit at the same virtual table. This week, their governors signed the first multi-state Internet gambling law.
NPR's Allison Keyes reports that while some casino I'm not so thrilled, the states see a winning hand.
Kevin Counihan, the CEO of Access Health CT, is walking through the 15th floor of a downtown Hartford office building that houses Connecticut's health insurance marketplace. He passes the legal department, the IT folks and the consultants, then stops in front of three large, wall-mounted computer screens.
Mike Janke used to be a Navy SEAL sniper. These days he's taking on the government and corporate America. He's the founder of Blackphone, an Android-based smartphone with privacy as its mainselling point.
It's not NSA-proof — in that everything is hackable if you try hard enough. But Janke says it's taking on the entire mobile economy that lets law enforcement and companies in way too easily.
When Pete Olsen talks about drought on his fifth-generation dairy farm in Fallon, Nev., he's really talking about the snowpack 60 miles to the west in the Sierra Nevada.
The Sierras, Olsen says, are their lifeblood.
That is, the snowmelt from them feeds the Truckee and Carson rivers and a tangle of reservoirs and canals that make this desert bloom. Some of the highest-grade alfalfa in the world is grown here. And it makes perfect feed for dairy cows, because it's rich in nutrients.
Citing "softness" in the U.S. economy, Federal Reserve Chair Janet Yellen told a Senate panel today that the Fed will try to determine if the results are a new trend or are related to this winter's intense cold and storms. Analysts are seeing her comments as signaling a potential shift in the "tapering" of the Fed's stimulus program.
Many people may think of a "remote worker" as a harried mom in her bathrobe or a 20-something at a coffee shop. But that image doesn't actually reflect who is working outside the office, according to a new study.
"A remote worker, someone who does most of their work outside of their employer's location, is not a woman, is not a parent and is not a Gen-Y millennial," says Cali Williams Yost, a workplace flexibility strategist and CEO of the Flex+Strategy Group.
If a food label doesn't move you to make a certain food choice, maybe a good marketing campaign can. For the dairy industry, the last couple of decades has meant lots of milk mustaches on celebrities from Britney Spears to Susan Sarandon, Harrison Ford to Shaquille O'Neal. The ad showing off the milk-framed pouts and smiles, also feature two words: got milk? Well, the slogan and the milk mustaches are drying up.