The Numbers for Thursday, October 24: Just a matter of time
The number of weeks that the Affordable Care Act’s individual mandate will be delayed as announced the White House last night. The decision comes after executives of twelve major health insurers — including Aetna, Humana, WellPoint, and Kaiser Permanente — met with officials at the White House to urge for the delay of Obamacare’s key provision until the problems with Healthcare.gov are fixed. (Forbes)
The percentage of Americans who say they expect to keep working until they die or are too sick, according to Wells Fargo’s annual retirement study of middle-income Americans. The survey question was added to follow the larger trend of American’s saying they will delay retirement until age 80, which rose from 25 percent in 2011 to 34 percent this year. (CNBC)
The amount Starbucks paid to acquire specialty tea-maker Teavana last November, a move that gave the coffee company a foothold in the $90 billion global tea market. Starbucks will open the first of its new Teavana Fine Teas + Tea Bars in Brooklyn today. (Christian Science Monitor)
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