It wasn't that long ago that money flowed steadily to entrepreneurs who dreamt up whiz-bang medical devices.
Hospitals souped up their surgical suites with robots or high-tech radiation machines for cancer treatment. Cost wasn't an issue: They just got passed along to insurance companies, who passed them on to employers and patients.
But after the Great Recession hit and the 2010 health law passed, the financiers behind the medical arms race started to rethink their investment calculus.
A year after suffering the worst nuclear accident in its history, Japan is still struggling to understand what happened at the Fukushima nuclear plant in the country's northeast.
Last week, an independent commission released a report arguing that Japan narrowly averted what could have been a far deadlier disaster and that the government withheld this information from the public.
The Mississippi Supreme Court ruled today that Gov. Haley Barbour's controversial pardons are valid. Barbour handed out about 200 pardons on his way out of office in January and about 10 of them had been challenged in court.
The premise of Friends with Kids is the stuff of high-concept romantic comedies: Writer-director Jennifer Westfeldt plays Julie, who's at the age when her odds of childbearing lessen each year, and there's no mate in sight. So her best friend, Jason, played by Adam Scott, volunteers to impregnate her.
Support for Rick Santorum's presidential campaign has been driven by his conservative stances on social issues. He has taken unyielding stands against abortion and same-sex marriage.
But on economic matters, his record is more mixed. And some conservatives say that on issues like government spending and trade, he has at times betrayed free-market principles.
For example, when Congress voted to approve the North American Free Trade Agreement — a cause dear to the hearts of conservatives — Santorum, then a Pennsylvania representative, was among those voting against it.
Good news for those of us who see a glass of wine at the end of the day as Mom's reward: Light to moderate drinking may reduce the risk of stroke in women.
Women who drink a glass of wine, beer or a mixed drink daily were less likely to have strokes compared to women who don't drink at all, according to a findings from an ongoing study that has followed the health of more than 80,000 women for 26 years.
Optimism is growing about the U.S. jobs market. Fewer people are applying for unemployment benefits, and hiring is up. The lion's share of new jobs are coming from small and medium-sized firms. But even if the economy comes roaring back, many small businesses aren't likely to hire with wild abandon.
"It's a huge commitment, when you're a very small firm, to add someone," says Kate O'Sullivan, director of content for CFO magazine. "And I think that the outlook is still not completely firm."
The Justice Department is warning Apple and five big publishers that it may sue them for colluding to increase the price of electronic books.
The Wall Street Journal, which first reported the story, explains that Justice's concerns emerged as Apple released its first iPad. Essentially, the paper explains, they were afraid that Apple would do to them what it did to the recording industry, which is tie them to prices set by Apple.
Update 5:25 p.m.: Altria, the parent company of Phillip Morris, released a statement responding to the Surgeon General's report. "We agree with the Surgeon General and others that kids should not use tobacco products, and we share the common goal of keeping tobacco products out of the hands of kids," the statement reads, emphasizing that tobacco companies do not market directly to children. It says Phillip Morris has given states more than $55 billion in settlements over the last 15 years, but says states have not used the money to its full potential.
The Associated Press reports that International Atomic Energy Agency officials are concerned that Iran may be trying to cover up evidence related to nuclear weapons. That could fuel the debate over U.S. options for addressing Iran. Host Michel Martin talks with Democratic Senator Richard Blumenthal, who is on the Senate Armed Services Committee.