Business

Business news

Insurance giant Aetna will stop selling health insurance through most of the exchanges created by the Affordable Care Act in 2017 because the company said it is losing money in many of those markets.

On Monday, Aetna said it will sell individual insurance policies in only 242 counties in four states, down almost 70 percent from the 778 counties in 15 states where the company markets Obamacare plans this year.

Copyright 2016 NPR. To see more, visit http://www.npr.org/.

Venezuela opens border; relief is limited

14 hours ago
border.jpg
Sabri Ben-Achour

Last year, Venezuela closed the border with Colombia because, it said, smugglers and organized crime were ruining the economy, diverting goods from Venezuela over the border. 

Many outside observers argue the government needed no help from smugglers in ruining the economy. Its own mismanagement and falling oil prices were accomplishing that just fine.

Either way, the government of Venezuela opened the border with Colombia because it had to do something.

Comedy Central is canceling The Nightly Show with Larry Wilmore after Thursday's episode.

The announcement came as a surprise Monday with the network cutting loose the politically conscious show a few months before the presidential election.

In a statement, Comedy Central credited Wilmore and his staff with generating conversations "by addressing social issues of great importance to the country, always challenging people's attitudes, perceptions and bias."

Trump calls for "extreme vetting" and more sanctions

Aug 15, 2016
GettyImages-589916654.jpg
Kim Adams and Molly Wood

Republican presidential nominee Donald Trump is calling for more thorough vetting of immigrants and visitors to the United States, including ideological tests. In a foreign policy speech Monday in Youngstown, Ohio, Trump also called for an end to the foreign policy of “nation building”, citing the Iraq war as an example of how the policy went wrong.

New paper chase: law school for non-lawyers

Aug 15, 2016
Kettinger%20web.jpg
Avi Wolfman-Arent

Hospitals can be noisy places, children’s hospitals especially. But at St. Christopher’s Hospital for Children in North Philadelphia, there’s one sound that cuts through the din: the clack of Cheryl Kettinger’s heels as she makes her rounds.

“People always say to me 'I hear you coming,'” said Kettinger.

Doctors and nurses may prefer flats and clogs. But Kettinger isn’t a doctor or a nurse. She’s a law school graduate. She’s also not a lawyer. Her area is compliance. She helps interpret medical law and create company guidelines so people don’t break those laws.

Welfare reform, through the eyes of two women

Aug 15, 2016
amy%20split%20pic.jpg
Amy Scott

 Twenty years ago next week President Bill Clinton signed into law a massive overhaul of the welfare system. The 1996 Personal Responsibility and Work Opportunity Reconciliation Act prioritized work over education and training, making it a lot harder for people on welfare to go to college. In order to qualify for cash assistance, recipients now have to do some form of work each week, and school only counts toward the full requirement for up to a year. Do the math, and most degrees take much longer.

Now, you can love your seafood and eat it, too. But first, you'll have to catch it. Fisherman Kirk Lombard's new book, The Sea Forager's Guide to the Northern California Coast, teaches the art, science, ethics and wisdom of fishing for your next meal in the ocean. Through wit, poetry and anecdotes, Lombard makes the case that the sincerest stewards of wild sea creatures are often those who intend to have them for dinner.

The battle continues to rage between drug companies that are trying to make as much money as possible and insurers trying to drive down drug prices. And consumers are squarely in the middle.

That's because, increasingly, prescription insurers are threatening to kick drugs off their lists of approved medications if the manufacturers won't give them big discounts.

Puerto Rican debt could help swing Florida

Aug 15, 2016
flag_1.jpg
Lane Wallace

In Florida, as many as a thousand people are arriving every month from Puerto Rico, responding to a long recession and a crushing debt crisis there.

But Puerto Ricans in Puerto Rico, who are U.S. citizens, nonetheless can’t vote in presidential elections, because Puerto Rico isn’t a state. When they move to Florida, a key swing state, that changes.  

How Gig Economy Workers Make A Living

Aug 14, 2016
Copyright 2016 NPR. To see more, visit NPR.

Copyright 2016 Southern California Public Radio. To see more, visit Southern California Public Radio.

Copyright 2016 NPR. To see more, visit NPR.

Copyright 2016 NPR. To see more, visit http://www.npr.org/.

SCOTT SIMON, HOST:

Copyright 2016 NPR. To see more, visit NPR.

Here's a quick tip from a veteran traveler for the next time you're taking a flight: When you get to the airport, disavow the departure time you see on the board. Instead, take the gate number and see what time the next flight is arriving there.

Despite the vast differences between Donald Trump and Hillary Clinton, there were some striking similarities between the economic speeches they delivered this week. They both spoke in Michigan, where they both talked a lot about manufacturing, with both of them insisting that they would obtain fairer trade deals.

Two Fox News insiders have been tapped to fill the shoes of outgoing Chairman and Chief Executive Roger Ailes, who was forced to resign as a result of allegations he sexually harassed a former female news anchor.

Copyright 2016 NPR. To see more, visit http://www.npr.org/.

Copyright 2016 NPR. To see more, visit http://www.npr.org/.

Copyright 2016 NPR. To see more, visit http://www.npr.org/.

Copyright 2016 NPR. To see more, visit http://www.npr.org/.

Copyright 2016 NPR. To see more, visit http://www.npr.org/.

Copyright 2016 NPR. To see more, visit http://www.npr.org/.

Republican presidential nominee Donald Trump has released a second list of economic advisers in less than a week, and this time the names are almost all women.

The advisers include several longtime GOP fundraisers, including Diane Hendricks, co-founder and chairman of ABC Supply in Wisconsin, who was called "America's richest self-made woman" by Forbes magazine.

The town of Brookfield, in north-central Missouri, is a close-knit community with a population of about 4,500.

Becky Cleveland, who grew up here, says that when she was a kid, there were four grocery stores. Today there is just one, and a nearby Wal-Mart.

Arianna Huffington, the charismatic and self-invented founder of the Huffington Post, is stepping down as the site's editor-in-chief to build a new site around the concepts of health and wellness.

The move comes a few weeks after the Huffington Post's parent company, Verizon, acquired the fading digital powerhouse Yahoo.

Huffington ascribed her departure to the desire to pursue her separate and new initiative, called Thrive Global, built around the concepts of wellness and striking a balance between work and personal realms.

Retail giant Wal-Mart uses its market dominance to inflict "ruthless," "brutal" and "relentless" pressure on prices charged by suppliers, business writers frequently report.

What if huge health insurance companies could push down prices charged by hospitals and doctors in the same way?

The idea is getting new attention as already painful health costs accelerate and major medical insurers seek to merge into three enormous firms.

Editor's note: NPR fact-checked Republican presidential nominee Donald Trump's economic speech on Monday.

Trump delivered an address Monday to the Detroit Economic Club, outlining a plan to cut taxes and get rid of regulations. Today was Hillary Clinton's turn, where she argued that her plan would boost the middle class while Trump's plan "would give trillions in tax cuts to big corporations, millionaires, and Wall Street money managers."

Teresa, an immigrant from Mexico has worked at a pork processing plant in Lincoln, Neb., since 2011. She didn't want to use her last name because she feared that a family member, who still works at a plant, might get in trouble.

Teresa worked on the line, or "the chain," as workers call it. It is the heartbeat of any meat processing plant. It's the mechanized driver of eviscerated hogs, cattle and chickens, hung up on hooks and quickly moving down a line at these massive meat factories.

Pages