The World Economic Forum is underway at the Swiss Alpine resort of Davos. It's an annual meeting of the world's business elites but also in attendance are world leaders and academics, celebrities and charities.
Gideon Rachman is chief foreign affairs columnist for the Financial Times. He's a regular at Davos and he joined us from there. Good morning.
GIDEON RACHMAN: Good morning.
MONTAGNE: Tell us about who is there this year and if there are some names that you're surprised to find are not.
Oil is now running through the southern part of the keystone XL pipeline. Supporters and opponents will be watching carefully to see what that could mean for the northern section of the project, that still awaits approval from the Obama administration.
Spain's banking system on Thursday is marking an end to its reliance on bailout loans from Europe that were desperately needed 18 months ago to shore up its banks after a construction boom-and-bust.
Spain is now the second eurozone country to cleanly exit its bailout program, after Ireland.
It's a dramatic difference from a year and a half ago, when demonstrations erupted outside banks in Spain almost daily. At the time, record numbers of Spaniards were losing their homes in foreclosure. Unemployment soared past 25 percent and kept rising.
The credit and debit card data breaches at Target and Neiman Marcus compromised more than 70 million American consumers, and analysts say even more of us are at risk. That's because the technology we use to swipe for our purchases — magnetic stripes on the backs of cards — isn't hard for a skilled fraudster to hack.
Wherever you live, you're probably not too far from a local microbrewery making beer. Now, the latest trend is the spread of what you might call "micro-boozeries."Craft liquor distilleries are springing up around the country like little wellheads spouting gin, whiskey and rum.
At the North American International Auto Show in Detroit this week, carmakers are happy to demonstrate the technology in their vehicles. A spokeswoman for Buick points out some of the safety features in the new Regal:
"Automatic crash preparation," she says. "Now we're actually able to help stop the vehicle in the event of sensing a potential crash, or at least reduce the speed."
And many new Chevrolets have a dashboard app that some of us in public radio are fond of: It lets you run any NPR station in the country on it.
The Affordable Care Act had ardent critics and supporters long before last fall's troubled launch of the HealthCare.gov website. Opponents of Obamacare say the law will reduce, not increase, the number of health plans available to Americans and that fewer consumers will be able to afford care than before. And delays in implementation of portions of the ACA, they argue, demonstrate how the Obama administration has been forced to undermine its own law in order to keep it running.
Basically, Quicken is offering a $1 billion grand prize — yes, that's billion, with a B — if someone correctly picks the outcome of all 63 games in the men's Division I college basketball tournament this spring.
Originally published on Tue January 28, 2014 10:35 am
By Quoctrung Bui
It might be hard to imagine in this sputtering recovery, but 2.4 million people actually quit their jobs in November, according to the Bureau of Labor Statistics. That's nearly a million more quitters than there were during the darkest months of the recession.