Steve Inskeep talks to Beijing-based economist Patrick Chovanec about too many subsidies in China's solar energy industry. It is resulting in money-losing companies. One company, Suntech, could soon be delisted from the New York Stock Exchange because it is performing poorly.
Bruce Osterweil, 59, of San Francisco has long relied on his wife's employer-sponsored health plan for coverage, but she recently turned 65 and signed up for Medicare. She's going to retire in January and now Bruce is on his own to find a plan on the individual insurance market.
Bruce Osterweil is a lucky man to live just a short walk from where San Francisco's Golden Gate meets the cold, rough waters of the Pacific Ocean. He is also a lucky man to have married his wife, Patricia Furlong, who has long provided the family's health insurance through her job at a small financial consulting firm.
But last month, Osterweil's wife turned 65 and decided to retire, and although she may walk away with a crystal bowl or a golden watch for all those years of service, she will also walk away from her company's generous health insurance benefits.