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Newspaper
The Chronicle Telegram
Location
Elyria, Ohio, United States of America
Date
Dec 11, 2012
Page
17
The health care reform includes a temporary $63 per person levy to support covering pre existing conditions. The fee, set for three years from 2014, could total billions and be passed to workers. Funds will back insurers and offset early retiree costs amid broader tax provisions.
Congress weighs renewing the Trans action Account Guarantee program as the $250 000 coverage cap nears expiration. Supporters say extension protects community banks and businesses while critics call the program a taxpayer subsidy that encourages wealthier savers to park funds elsewhere.
The FTC investigates whether mobile app makers violated children's privacy by covertly collecting personal data and sharing it with advertisers and data brokers. Of 400 kid apps examined, most failed to inform parents about data collection and access, with some linking to social networks and featuring objectionable ads. The agency warns of a systematic problem and weighs changes to COPPA to safeguard under 13 users.
Ohio drivers see regular unleaded at 3.35 a gallon in Monday AAA IPOS Wright Express survey, down 2 cents from last week and 7 cents from last month, with national average near 3.34 a gallon. Experts expect prices to keep easing through the year. Treasury begins selling 234.2 million AIG shares, 16 percent stake, recouping more than the 182.3 billion bailout. New York stocks rise after McDonalds sales beat and Italy PM resignation fueling cautious optimism as budget talks loom.
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