BC-Money & Markets Extra Digest
For the week ending Saturday, May 11, 2019
MONEY MATTERS-INSURANCE DENIALS
Patients are often shocked when an insurer denies coverage for a procedure, but research shows these rejections can be common, and patients may not put up their best fight to get the decision reversed.
THE WEEK IN REVIEW
Google promises better privacy tools; San Francisco bans credit-only stores; Lord & Taylor owner looking to sell nearly 200-year-old department store.
Spring cleaning _ it’s not just for closets and windows. Paperwork is one of the easiest areas to let a mess build and one of the more challenging categories to tackle.
WIRELESS & CASHLESS
Facebook is rolling out a flirtatious feature called Secret Crush to make it easier to strike up romantic relationships.
SMALL BUSINESS MONITOR
As employees increasingly place a premium on work-life balance, companies are responding by providing more forms of leave.
US-China trade slump
American exports to China have plunged in the tariff war over Beijing’s technology ambitions, but Chinese industries the ruling Communist Party wants to promote also have been hit hard.
Unbearable stench sends Spirit Airlines flight back to airport; Debt collectors could begin chasing debtors with texts, emails under new regulations; Eel harvest in Maine among best on record
OFF THE CHARTS-HEALTH CARE LIMPING
While much of the stock market sprints ahead powered by economic gains and investor confidence, the health care sector is limping behind.
INSIDER Q&A-ONLINE VIDEO EXECUTIVE
As costs for Netflix and other streaming video services rise, alternative free services such as Pluto, Tubi and Popcornflix are gaining popularity. Bill Rouhana, CEO of Chicken Soup for the Soul, is betting the free option.
If you invested $1,000 at the start of this year in various types of stocks, bonds and commodities, how much would you have now?
For questions about Money & Markets Extra modules, contact Greg Keller (212-621-7958). For technical support: Todd Balog (816-654-1096). After 6 p.m., contact the AP Business News desk (800-845-8450, ext. 1680) for content questions; 1-800-3AP-STOX for technical support and 212-621-1905 for graphics help.