The health care fix announced by President Obama on Thursday may be good news for some consumers, but it creates a big headache for insurance companies and regulators. An insurance industry trade group warns the last-minute change could destabilize the market and lead to higher premiums.
Google won a key victory in a nearly decade-long lawsuit over fair use of the collections of works at the New York Public Library, the Library of Congress and various other university libraries. A U.S. circuit court judge in Manhattan found Google's project to digitally copy millions of books for online searches does not violate copyright law.
NPR's Laura Sydell reports.
LAURA SYDELL, BYLINE: Google began scanning books back in 2004, many of the works were by living authors.
If a video game fan in your office calls in sick to work today, it may be because the new PlayStation 4 went on sale this morning. It is Sony's first new PlayStation home console in seven years. And next week, Microsoft follows it up with a new Xbox. Each of these devices has its own marketing strategy. PlayStation is promoting itself for games - as you might expect. Xbox wants you to think of the console as something much more.
While the health law's insurance markets are still struggling to get off the ground, the Obama administration is moving ahead with its second year of meting out bonuses and penalties to hospitals based on the quality of their care. This year, there are more losers than winners.
Medicare has raised payment rates to 1,231 hospitals based on two-dozen quality measurements, including surveys of patient satisfaction and — for the first time — death rates. Another 1,451 hospitals are being paid less for each Medicare patient they treat for the year that began Oct. 1.
Robert Shiller was surprised when he got the call telling him he'd won the Nobel Memorial Prize in economics — surprised that he'd won (of course), but also surprised that he was sharing the award with Eugene Fama.
"He and I seem to have very different views," Shiller told me. "It's like we're different religions."
In particular, they have very different views about economic bubbles.
"The word 'bubble' drives me nuts, frankly," Fama told me.
Food labels have become battlegrounds. Just last week, voters in Washington state narrowly defeated a measure that would have required food manufacturers to reveal whether their products contain genetically modified ingredients.
Supporters of the initiative — and similar proposals in other states — say that consumers have a right to know what they're eating.
But there are lots of things we might want to know about our food. So what belongs on the label?
From NPR News, this is ALL THINGS CONSIDERED. I'm Robert Siegel.
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And I'm Audie Cornish.
Janet Yellen took another historic step today on the road to becoming the first woman to head Federal Reserve. Appearing calm and comfortable in the spotlight at her first confirmation hearing, Yellen answered questions about the Fed's controversial stimulus program, it's efforts to reduce unemployment and her commitment to controlling inflation.
As the young U.S. senator takes the oath to become president, he sets out to fix an economy struggling with rising unemployment, slumping profits and depressed stock prices.
He knows the deep recession could prevent him from advancing his broader domestic and diplomatic agenda. Yes — all true for President Obama.
But that's what John F. Kennedy faced as well. On his frosty Inauguration Day in January 1961, Kennedy had to start fulfilling his campaign pledge to "get America moving again." Like Obama, he would need to win over a deeply skeptical business community.