The idea that uneven Medicare health care spending around the country is caused by wasteful practices and overtreatment — a concept that has influenced portions of the federal health law — took another hit in a study published Tuesday.
The makers of Smithfield Ham, an icon on America's culinary scene for decades, are selling the publicly traded company to China's Shuanghui International Holdings Limited for about $4.72 billion in cash. The deal also includes an exchange of debt.
The purchase values Smithfield Foods at $7.1 billion — a figure that would make the purchase "the largest Chinese takeover of a U.S. company," according to Bloomberg News.
Good morning, I'm Renee Montagne with a follow-up on the record for oldest person to scale Mount Everest. An 81-year-old Nepalese climber earned the title five years ago when he was 76. Last week, an 80-year-old Japanese climber took the crown. Now Min Bahadur Sherchan has given up his attempt to snatch it back but bad weather, due to the season, forced him to turn back. Disappointing. Still, it wasn't age that proved the ultimate barrier.
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Dawn Heisey-Grove of Alexandria, Va., hands off son Zane to father Jonathan Heisey-Grove after a midday feeding. The couple were both working full time when Jonathan lost his job as a graphic designer two years ago. She's a public health analyst. He's now a stay-at-home dad.
"A record 40 percent of all households with children under the age of 18 include mothers who are either the sole or primary source of income for the family," the Pew Research Center reported Wednesday as it released data that certainly won't surprise many Americans but will underscore some dramatic shifts over recent decades.
She's saying goodbye, for now at least: Rep. Michele Bachmann, R-Minn., has announced she won't seek re-election in 2014. (File photo from Jan. 4, 2012, when she left the Republican presidential race.)