California's drought: How Trump's blustering caricatured a genuine crisis
Of all the mistakes, misstatements, and assorted bloviations issuing from Donald Trump during the current presidential campaign, surely one of the leading head-scratchers is his May 27 assertion to the effect that “there is no drought” in California.Let’s consider a fuller quote from Trump’s appearance (see the video below): “We’re going to solve your water problem — you have a water problem that is so insane, it is so ridiculous, where they’re taking the water and shoving it out to sea. And I..>> view originalAbout 92K Coloradans to lose Obamacare coverage as insurers drop out, cut back, raise rates
More than 92,000 Coloradans will lose their Obamacare health care coverage in 2017 as four leading insurance companies scale back or eliminate their plans while others propose rate hikes of as much as 40 percent.Insurance holders with individual plans through Anthem, UnitedHealthCare, Humana and Rocky Mountain Health Plans will need to find new coverage for the 2017 coverage year, according to a Monday statement from the Colorado Division of Insurance.Insurance commissioner Marguerite Salazar de..>> view originalSouthwest's move at Pittsburgh International is seen as a positive for city - Pittsburgh Post
The decision by Southwest Airlines to move its ticket counter and curbside check-in at Pittsburgh International Airport may have been made with more than passenger convenience in mind. It could set up the popular carrier for more expansion here. With the move to the north end of the terminal last month, Southwest gained access to an automated baggage system with plenty of capacity to spare. The baggage system, built exclusively for US Airways, has been largely underutilized since the airline di..>> view originalHow John Oliver's 'Last Week Tonight' Is Using Stunts To Tell Stories
It's strange to describe the apparent purchase and forgiveness of nearly $15 million in medical debt as "impish," but bear with me. On Sunday's Last Week Tonight, host John Oliver spent 20 minutes explaining the debt-buying industry — companies that buy debt at pennies on the dollar and then either resell it even cheaper or try to collect it, sometimes using methods they'd probably be proud to call merciless, like calling a debtor's boss at home. Even if most of it can't be collected, whatever ..>> view originalYellen Insists Fed Increase En Route as Focus Moves to September
June is out. July might be too soon. The Federal Reserve’s next interest-rate increase is coming, but even September isn’t a sure bet.That’s the message investors and economists are taking from Chair Janet Yellen’s remarks Monday. Her comments were the last the public will hear from a Fed official before the central bank’s policy-setting meeting next week.In her remarks, Yellen was clear that she’s fairly sure the economy will improve enough to warrant another interest-rate increase. She also h..>> view originalAirbnb's 'belong anywhere' undercut by bias complaints
Airbnb app on a tablet.(Photo: John MacDougal, AFP/Getty Images)SAN FRANCISCO — Airbnb is having a hard time living up to its "belong anywhere" slogan as people question whether it's doing enough to crack down on discrimination.The popular home-sharing service that's supposed to open doors around the globe is being accused of slamming them shut on African Americans and other minority groups, with reports of discrimination from Airbnb hosts mounting. The latest, made public Sunday, involved a wel..>> view originalRajan Urges Patience on His Own Future After Holding India Rates
Indian central bank Governor Raghuram Rajan urged patience regarding his future plans after holding interest rates at a five-year low.“In all such cases the decision is reached after discussions between the government and the incumbent," Rajan told reporters in Mumbai on Tuesday. “I’m sure you will know when there is news. I cannot do better than to point you to the statements of the finance minister and the prime minister on this."Rajan’s removal when his three-year term ends in September risk..>> view originalGOP unveils Dodd-Frank alternative
A leading House Republican has unveiled the GOP plan to regulate Wall Street and replace the Dodd-Frank financial reform law.A new bill introduced by House Financial Services Committee Chairman Jeb Hensarling (R-Texas) would fundamentally remake the financial regulation landscape, and eradicate major pieces of President Obama’s Wall Street reform law.Congressional Republicans have considered dozens of smaller bills tweaking the sweeping 2010 law. But Hensarling’s latest proposal marks the broade..>> view original
Tuesday, June 7, 2016
California's drought: How Trump's blustering caricatured a genuine crisis and other top stories.
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