Economy & Business

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House Republicans look for more support with revised health care bill

Mar 21, 2017
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D Gorenstein and Marketplace staff

Top House Republicans have released a slate of revisions for their Obamacare replacement that they hope will draw more support. The American Health Care Act has been sharply criticized by members of both parties; an analysis from the Congressional Budget Office estimated that nearly 24 million people would lose their coverage under the plan.

Updated at 2:55 p.m. ET

Airline passengers coming to the U.S. and Britain on direct flights from a number of majority-Muslim nations must now place most electronic devices, including laptops, tablets and cameras, in checked baggage under stepped-up security measures, the Trump administration and the British government said.

Passengers can still carry smartphones into the plane's cabin, but nothing larger, officials from the two countries added.

Many people these days might be getting worked up about the fact that President Trump owns a lot of businesses. Not Chris Kinney.

"I think this country really needs to be run more like a business at this point," says the 51-year-old Lino Lakes, Minn., resident, a former business owner who fixes printers for a living. The United States faces a lot of serious problems, such as the growing federal deficit, and the fact that Trump brings a businessman's sensibility to solving them is a plus, Kinney says.

The Affordable Care Act's tax penalty for people who opt out of health insurance is one of the most loathed parts of the law, so it is no surprise that Republicans are keen to abolish it. But the penalty, also called the individual mandate, plays a vital function: nudging healthy people into the insurance markets, where their premiums help pay for the cost of care for the sick. Republican lawmakers think they have a better alternative.

Nike makes a full-court press

Mar 21, 2017

March Madness is upon us and college basketball teams aren’t the only ones competing. The games are also a battleground for shoe and apparel brands like Nike, Adidas and Under Armour. Nike still rules when it comes to sponsorships, but the competition is gaining.

Click the audio player above to hear the full story.

Museums embrace virtual reality

Mar 21, 2017
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Adrienne Hill

Between the megamouth shark, the bison diorama, and gangs of excited school kids, the Natural History Museum of Los Angeles County has added a virtual reality exhibit called theBlu.

For an extra $10, on top of the $12 general admission fee, visitors can strap on a headset and explore the virtual ocean. A blue whale swims overhead. A school of silvery fish darts by. Visitors use virtual flashlights to explore the abyss.

Want to know when it’s a good time to go to the hospital? Seems it’s when the doctors are being watched. Every few years the accrediting agency known as the Joint Commission conducts random hospital inspections. A new study out in the journal JAMA Internal Medicine finds that mortality rates drop when the inspectors show up for their surprise visit.

Click the audio player above to hear the full story.

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Tasnim Shamma

The word "sanctuary" is being used these days to describe cities and organizations that show support for undocumented immigrants in the U.S. and one place where that word has become a sticky topic is at Emory University in Atlanta.

That’s because any private school in Georgia that adopts “sanctuary policies” could lose state funding. So Emory's president Claire Sterk is opting to call the university a “safe harbor” instead.

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Marketplace

African citizens who were trying to attend an economic development conference in California were recently denied U.S. visas. We'll look at the possible reason behind the denial and its consequences. Next, we'll explore a new study that says the percentage of people dying at a hospital drops when inspectors show up, and then discuss the rise of virtual reality exhibits at museums. 

03/21/17: Warfare through tech

Mar 21, 2017
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Marketplace

FBI Director James Comey and NSA Director Admiral Michael Rogers sat in front of the House Select Intelligence Committee this week for a hearing on Russia's interference in last year's presidential election. Patrick Tucker, tech editor for Defense One, joins us to talk about the role of technology in the hacking scandal. Afterwards, we'll look at how the Nintendo Switch console is performing on the market and what its release says about the larger video game business.

 

 

One of the themes that developed on Day 1 of Supreme Court nominee Neil Gorsuch's hearings is that Democrats plan to make an issue of what they say is the Supreme Court's pro-business leanings. In their opening statements on Monday, Democratic members of the Senate Judiciary Committee argued that Gorsuch is likely to continue the trend.

Sen. Sheldon Whitehouse of Rhode Island alleged that when the court's majority is made of Republican appointees, the narrow 5-4 decisions "line up to help corporations against humans."

For three years, recreational pot has been legal in Colorado, but using it in public is still against the law. That will change this summer when pot clubs are slated to open.

A blinking "open" sign hangs on the outside of an old building in a dark industrial zone just outside the Denver city limits. When the front door opens, smoke billows out.

Inside is one of the state's few pot clubs, called iBake. Recently, members celebrated the anniversary of its opening.

Glassy-eyed patrons bounce off each other in the small space.

I recently visited China on a business trip. While there, I decided I wanted to get a pedicure. My search turned into quite the adventure — one that involved cutting edge translation technology, and a key word lost in translation.

David Rockefeller, who died Monday morning at the age of 101, leaves a legacy that eludes a simple description. At once the grandchild and heir of oil tycoon John D. Rockefeller and a globe-trotting billionaire banker in his own right, Rockefeller also earned a reputation as a prodigious patron of the arts.

Rockefeller died of congestive heart failure at his home in Pocantico Hills, N.Y., family spokesman Fraser P. Seitel confirmed to NPR.

Brazil has long been awash with corruption scandals, but the latest to erupt is about an issue that is particularly close to the nation's heart and stomach — and its wallet.

Few people are more prolific meat-eaters than the Brazilians, and few are more passionate about the merits of the barbecue, or churrasco.

They grill with gusto at almost any opportunity — on the beach, the sidewalk, at soccer games and even at protest rallies, where the whiff of sizzling sausage competes with the eye-watering stink of tear gas.

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