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 safety and feedom, world news, business and more.
Obama Personally Apologizes for Americans Losing Health Coverage
“I am sorry that they are finding themselves in this situation based on assurances they got from me,” he told NBC News in an exclusive interview at the White House.
Krauthammer on Obama’s Apology: “The President Now Is Toxic”
You see the president, you think about the policy and you know it’s a disaster. And the problem for the Democrats is, they are hostage to a bunch of geeks working right now late into the night trying to fix a system which is not just the glitches we talked about.
The Republicans’ Task: No Obamacare, No Iran Nukes
Republicans need a positive agenda in both domestic and foreign policy, but for the immediate future, the crucial service the GOP can perform for the country is to stop both Obamacare and the Iranian nuclear program.
Summers Blames Obamacare Glitches on Government Brain Drain
“I think one of the things the opposition has to recognize is that they have made it almost impossible for many well-intentioned people to go into government,” Summers said.
Delaware Spends $4 Million on Obamacare Enrollment, Signs Up Four People
The state of Delaware spent $4 million in federal grant money on Obamacare enrollment and has only signed up four people in the last month.
Netanyahu Says Iran Nuclear Deal Would Be a ‘Mistake of Historic Proportions’
Prime Minister Binyamin Netanyahu warned on Thursday against an agreement with Iran that stops short of getting it to halt its uranium enrichment, amid reports that just such a deal was in the works.
Pakistan Is ‘Ready to Deliver Nuclear Weapons to Saudi Arabia’
Saudi Arabia has invested in Pakistani nuclear-weapons projects, and believes it could obtain atomic bombs at will, a variety of sources have told BBC Newsnight.
Chile Issues Health Alert Over Trash
Chile’s government is issuing a health alert for the port of Valparaiso, where thousands of tons of trash has been piling up for nearly three weeks amid a strike by garbage collectors.
China Deploys New Bomber with Long-Range Land-Attack Missile
China’s military recently deployed an upgraded strategic bomber that will carry the military’s new long-range land-attack cruise missile, capable of reaching Hawaii and Guam, according to a draft congressional report.
Year’s Strongest Typhoon Blasts Philippines
The strongest typhoon this year slammed into the central Philippines, setting off landslides and knocking out power and communication lines in several provinces. At least four people died.
Google Is Testing a Program That Tracks You Everywhere You Go
Google is beta-testing a program that tracks users’ purchasing habits by registering brick-and-mortar store visits via smartphones, according to a report from Digiday.
Man Shot During ‘Stop the Violence’ Basketball Tournament
Donterius Riggins, 19, was shot in the neck at the Phyllis Wheatley Community Center during the basketball tournament, police told The Daily Home.
D-Day: FAA Preps for Invasion of 7,500 drones in U.S. Airspace Within Five Years
“Make no mistake about it, privacy is an extremely important issue and it is something that the public has a significant interest and concern over and we need to recognize as an industry,” FAA administrator Michael Huerta said.
Inventor of World Wide Web Criticizes NSA Over Privacy Breaches
“We need powerful agencies to combat criminal activity online — but any powerful agency needs checks and balances and, based on recent revelations, it seems the current system of checks and balances has failed.”
Pentagon: Reports of Sexual Assaults Up 46 Percent
Reports of sexual assaults in the military increased by an unprecedented 46 percent during the last fiscal year, the Pentagon said.
Third Tesla Model S Fire in Past Five Weeks Breaks Out After Accident
As word of this incident filters out to the general public, Tesla’s stock price is taking a hit following a recent quarterly report that also didn’t do it any favors.
Doing Soft Time: Former Jails Become Luxury Hotels
“It’s pretty unbelievable to think you’re paying to stay in a jail,” said Vinnie Macri, a guest from Chicago, as he drained his beer and surveyed the beehive of activity in the lobby bar. “But they’ve done an awesome job.”
Twitter’s Huge Rally Draws Its Share of Skeptics
“Twitter, the product, is one of the most amazing things I’ve ever seen in 31 years of tech investing,” Roger McNamee, Elevation Partners co-founder, said on CNBC’s Fast Money Halftime Report. “It just came out of nowhere.”
Food Bank CEO: Welfare Cuts Causing “Nightmare Ripple Effect”
Almost 50 million Americans who are supported by the program face an average loss of $36 a month, a significant amount for those living near the poverty line.
Unions Push for Minimum Wage That Small Businesses Say They Can’t Afford
Business owners say they’ll be forced to lay off workers, cut employee hours or raise prices to compensate for having to pay a higher minimum wage. They also say they’d be hamstrung by the constitutional amendment if there is another economic recession.
The Money and Markets Team