Michael Hervey will leave effective at the end of the year. The New York utility received harsh criticism over how it handled the aftermath of Hurricane Sandy. Customers have complained about long waits for service to return. Two weeks after the storm tens of thousands of homes and businesses still have no power.
At the White House, President Obama will hold his first East Room news conference since March on Wednesday. He's expected to talk about the nation's fiscal condition, as well as the scandal that has cost him his CIA director.
The health care industry is one of the most reliable sources of new jobs in the country. And in cities that suffer from high unemployment, the local hospital is often the biggest employer still standing. But the downturn in the economy has left some hospitals in perilous financial shape. In Waterbury, Ct,, the biggest hospitals are going through a painful process of outsourcing and layoffs.
The latest installment from Microsoft's blockbuster video game series, which pits humans against aliens in the future, was released last week. It made more than $220 million in the first day sales. That's more than the second Harry Potter movie, which holds the record for the biggest film opening.
Steve Inskeep talks to David Evans, of Bloomberg Markets magazine, about his article in the current issue, which focuses on the plethora of nonprofits — not charities, hospitals, or religious groups — that claim tax-exempt status even though they make millions in profits.
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