The following is a rundown of the day’s news drawn from other media sources with topics curated just for Money and Markets readers: Obamacare, personal security and freedom, business and more!
Personal security and freedom
France Quizzes Ikea Execs Over Spying
Two executives at IKEA France were being questioned by police Monday as part of a probe into allegations the company illegally used police files to spy on staff and customers.
Six Killed as Tornadoes Hit Illinois
A spokeswoman for St. Francis Medical Center in Peoria said the hospital had treated victims with head injuries, broken bones, cuts and bruises.
TSA Rolls Out ‘Detention Pods’ at Airport Terminal Exits
Travelers are forced to be bottlenecked through the pods as they leave the airport terminal. A robotic voice gives instructions to wait inside the pod until a green light is shown and the door opens.
Private Firms Selling Mass Surveillance Systems Around World, Documents Show
Private firms are selling spying tools and mass surveillance technologies to developing countries with promises that “off the shelf” equipment will allow them to snoop on millions of emails, text messages and phone calls.
Homes Raided, Subpoenas Issued Targeting Conservative Groups and Allies of Scott Walker
In Wisconsin, dozens of conservative groups and allies of Gov. Scott Walker are undergoing political intimidation from the left at the hands of a special prosecutor.
Obamacare
Students Suffer Obamacare Sticker Shock as Premiums Soar, Plans Get Cut
“You’ve haven’t done anything, Obama, and I am disappointed in you,” one student said. Another told Campus Reform, “We don’t have that money. We can barely afford books.”
White House Working With Insurers to Bypass HealthCare.gov
In a mission to help people bypass distressed health-insurance websites, the Obama administration said it may allow big insurers to directly sign up those who qualify for tax credits.
Obama Lacks ‘Legal Underpinning’ for Obamacare Fix
Democratic congressman Nick Rahall says he voted for the Keep Your Health Plan Act because President Obama’s Obamacare fix lacked the “legal underpinning” he believes is necessary.
Obama Claims ‘More Than 100 Million Americans’ Have Enrolled With the Obamacare
That number is at odds with reality, but Obama didn’t skip a beat or make any effort to correct himself, and his next comments did little to clear up the mistake.
How Three Coders Created a Do-it-yourself Fix to HealthCare.gov
A few weeks ago, George Kalogeropoulos and two other San Francisco programmers, Ning Liang and Michael Wasser, created a work-around in about three days.
Business and technology
Yahoo Vows to Encrypt all of its Users’ Personal Data
Yahoo is expanding its efforts to protect its users’ online activities from prying eyes by encrypting all the communications and other information flowing into the Internet company’s data centers around the world.
Treasury Forced to Issue $1 Trillion in New Debt in First Six Weeks of Fiscal Year
The government needed the money to cover government obligations and expenses that exceeded the $255 million it raked in through tax revenues during the same six-week period.
Exoskeleton Technology Helping Paralyzed to Walk Again
Although it rained in New York City on Monday, the rain stayed away Sunday while seven ReWalkers and hundreds of supporters successfully made their way through Manhattan’s Riverside Park.
Dow Logs Record High, But Fails to Hold 16,000 Mark
The Dow hit the 16,000 mark for the first time ever Monday. However, worries about the Federal Reserve pulled down the blue-chip index from the historic level.
Retirement Planning: All in the Family
“A lot of people are in a fragile financial situation leading up to and in retirement because they are busy writing checks to loved ones.”
Best wishes,
The Money and Markets Team
