David Greene talks to Yvette Aehle, director of the Southwest Georgia Regional Airport, about her plans to shut down the airport's air traffic control tower. Because of sequestration, the FAA will no longer pay for air traffic controllers at 144 smaller airports.
Monday marked the start of the application period for H1B visas — those are the work permits granted to 85,000 skilled foreigners each year. Many of them work in the high-tech industry. And for the first time since the financial crisis hit in 2008, the quotas for the H1B are expected to be filled in a single week.
India's Supreme Court says drug maker Novartis can't hold onto its patent for the pricey cancer drug Gleevec simply by tweaking its chemical formula. That means generic drug makers can keep making a form of the drug at a tenth of Novartis's price. Consumer advocates call it a major advance for access to generic drugs. The drug industry says it will chill companies' willingness to produce innovative products.
Nearly half the states are considering legislation aimed at getting tough on copper thieves. Copper prices remain near historic highs, making everything from telephone wire to plumbing a target, and lawmakers want to make it harder for thieves to sell the stolen metal.
When it comes to collecting Social Security benefits, there is no magic age. Today's boomers can begin collecting full benefits at 66, tap in early at 62 or delay benefits until 70. Mary Beth Franklin of Investment News says the importance of making a smart decision on timing "can't be underestimated."
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