Discontinuing cost-sharing reduction payments to insurers would increase premiums for silver plans, the most popular tier on Affordable Care Act exchanges, by 20% next year and by 25% by 2020 and would raise the federal deficit by $194 billion through 2026, according to the Congressional Budget Office. The move would prompt insurers in some states to exit the market, leaving about 5% of Americans with no insurance options next year, although insurers are expected to rejoin the market in 2020.
Factory workers are leaving the industry at the fastest pace in 10 years, in part, because of low confidence in finding work elsewhere due to the low 4.3% unemployment rate. Others fear automation and robots will replace them.
Teachers across all subjects in two Georgia middle schools created reading groups for daily extended-learning-time periods. Students were grouped based on ability and the effort includes every adult in the school, said school leaders who presented about the program at a conference in Florida.
China's annual economic growth will average 6.4% between 2018 and 2020, up from a previous estimate of 6%, the International Monetary Fund said. The growth is mostly driven by unchecked levels of debt the government has yet to fully address, the agency says.
Publix Supermarkets has named Erik Katenkamp as its new vice president of omnichannel and application development, the company said Monday. "With dedicated resources, we will be able to focus on the accelerated growth of our omnichannel strategy," Publix President and CEO Todd Jones said.
A Park Associates report said 60% of US broadband households expressed interest in remote care options online or via telephone. In addition, nearly 50% of respondents said they were interested in remote follow-up care as well as virtual care for ongoing chronic health condition treatment, the report said.
Sixty-nine percent of US consumers have ordered food online in the past year, per eMarketer, and restaurants such as Papa John's, TGI Fridays and McDonald's are serving up their own online and mobile features. Using payment options through Amazon and allowing ordering through Facebook are just a few ways restaurants are maximizing the popularity of online options for food.
Amazon is paring delivery times from hours to minutes with a small launch of "Instant Pickup" sites near five college campuses. The items available to order are restricted to a range of high-demand products that are hand-delivered from backrooms in less than two minutes.
Members of the group Anonymous have released a video indicating that they will launch cyberattacks against white supremacist websites on Friday as part of a "Day to Denounce."
Jiangsu Hengrui Medicine's docetaxel injection was approved by the FDA as a treatment for patients with gastric, prostatic, mammary and non-small cell lung cancer, as well as head and neck squamous cell carcinoma. The drug is expected to be launched on the US market after the approval.
Apple has reportedly set a budget of around $1 billion for the production and creation of original content. This type of budget could bring as many as 10 new shows to Apple's streaming music service or a new video-focused service, sources say.
Fourteen "floating islands" with a base of thousands of nontoxic plastic bottles are being deployed in Dubuque, Iowa, as part of a project to restore Bee Branch Creek. It's "like adding 10 acres of wetland to clean the water and trap sediment," says city civil engineer Deron Muehring.
Nestle's half-liter bottles of water sold in the US under the Deer Park, Pure Life, Poland Spring, Ice Mountain, Ozarka, Arrowhead and Zephyrhills brands now feature the new How2Recycle label. The label reminds consumers to replace the cap before recycling the empty bottle.
Airlines for America predicts that 16.1 million people will fly on US airlines Aug. 30 and Sept. 5, an increase of 5% over the same period last year. "While we expect a growth in passenger traffic over the Labor Day holiday (Sept. 4), flyers can rest assured that US airlines have appropriately increased the number of seats available for their late summer getaways," said A4A Vice President John Heimlich.
Berjaya Hotels & Resorts has become the first hotel in Malaysia to provide free smartphones to all guests during their stays. In addition to unlimited local calls and Internet use, the phones enable free calls to the five nations that the majority of guests call home.