A house burns at the Cocos fire on May 15, 2014 in San Marcos, California.
Photo by David McNew/Getty

Business Latest: Climate change to burn farms?

 

CLIMATE CHANGE TO BURN FARMS?: A group of prominent business and political leaders including Cargill Chairman Greg Page have issued a report saying that agriculture and other major sectors of the economy could face widespread disruptions from climate change in coming decades unless much more is done to reduce the risks. Read more

RAND PAUL’S NEW STRATEGY: Why is the Kentucky senator courting Wall Street and the GOP establishment. Read more

OBAMACARE ENROLL: That automatic re-enrollment planned for about 95% of HealthCare.gov customers could cause some big headaches when it goes into effect next fall. That’s because many people may face significantly higher premiums if they accept the reenrollment, even if their subsidies are kept intact and they are reenrolled in them as well. Here’s the catch: the subsidy amounts are tied to the cost of the second-cheapest “silver” plan from this year. Many of those plans may no longer be the second cheapest for 2015 when they hike their prices, which means their customers will have to fork over more cash to make up the difference in prices. Read more

STOCKS END MILDLY UP; SECOND WEEKLY GAIN FOR NASDAQ: Read more

 

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Business Latest: Climate change to burn farms?