This week the Greek Parliament approved a set of reforms it hopes will lead a new bailout. The country remains under strict capital controls that bar people from sending money abroad. In a country that imports much of what it uses and eats, that's having a debilitating effect on the economy.
As California's drought drags on, its almond industry has come under scrutiny. As you've probably heard by now, almonds use a lot of water — about one gallon per nut. Most growers are relying on groundwater even more this year, because their surface water has been cut off. But that brings a different problem all together: too much salt.
Not the salt added to make roasted almonds savory, but salt in groundwater – which is killing trees.
The Indianapolis-based health insurer Anthem reached an agreement Thursday to pay $54 billion for rival Cigna, based in Bloomfield, Conn. Cigna rejected a lower Anthem bid in June, calling it inadequate.
There's a battle brewing behind the scenes to keep health plans affordable for consumers. The Obama administration weighed in this week, sending letters to insurance regulators in every state and Washington, D.C., that ask them to take a closer look at rate requests before granting them.
Under the Affordable Care Act, state agencies largely retain the right to regulate premiums. So far only a handful have finalized premiums for the coming year, for which enrollment begins in November.