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U.S.
3:26 am
Thu December 27, 2012

For Veterans, The Wait For Disability Claims Grows Longer

Credit Karen Bleier / Getty Images
The U.S. Department of Veterans Affairs began the year with a promise to cut wait times disability benefits claims. Instead, the backlog of pending claims has worsened.

Originally published on Mon March 25, 2013 2:46 pm

Economy
5:32 pm
Wed December 26, 2012

The Fed Boosts The Economy, But What About The Risks?

Credit Kevin Lamarque / Reuters /Landov
Federal Reserve Chairman Ben Bernanke speaks during a news conference in Washington on Dec. 12. Some economists worry the Fed has set the stage for inflation as well as stock and housing bubbles by keeping interest rates low.

Originally published on Wed December 26, 2012 7:24 pm

The Federal Reserve continued to keep its foot on the accelerator in 2012, using unusual tactics to try to boost economic growth. But there's disagreement among economists about whether the Fed's policies were effective or whether the risks to the economy outweighed the rewards.

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The Two-Way
5:25 pm
Wed December 26, 2012

Toyota Moves To Settle 'Sudden Acceleration' Lawsuits For More Than $1 Billion

Credit Kevork Djansezian / Getty Images
Toyota has agreed to spend more than $1 billion to resolve lawsuits stemming from "unintended acceleration" cases. In November, the company displayed new cars at the Los Angeles Auto show.

Originally published on Thu December 27, 2012 7:27 am

Owners of Toyota vehicles that experienced sudden and unintended acceleration have reached a settlement that could require the carmaker to pay as much as $1.4 billion in claims, according to the auto maker and the law firm representing Toyota customers.

U.S. District Court Judge James Selna, at whose direction the many lawsuits over the "runaway car" fears were consolidated in 2010, will review the proposed settlement Friday.

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Shots - Health News
5:02 pm
Wed December 26, 2012

How A Drug Shortage Hiked Relapse Risks For Lymphoma Patients

Credit University of Utah
The number of new drug shortages each year in the U.S., from 2001 through Dec. 21, 2012.

Originally published on Wed December 26, 2012 7:24 pm

Katie Alonzo was stunned when doctors told her they couldn't get a drug her 10-year-old daughter, Abby, was taking to fight lymphoma.

"When a doctor says, 'This is what you need to take.' And then all of a sudden somebody tells you, 'Well, that is what you need to take but this isn't available so we're going to try this instead,' it's very scary," say Alonzo, who lives in Port St. Lucie, Fla.

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U.S.
3:24 pm
Wed December 26, 2012

Airlines Fear Pilot Shortage Amid New Federal Safety Rules

Credit iStockphoto.com
Starting next summer, aspiring commercial pilots will need 1,500 hours of flight training before they can be hired. This dramatic increase, among other factors, is making airlines worry that there will not be enough pilots to maintain current service.

Originally published on Wed December 26, 2012 8:05 pm

Some airlines — especially the smaller ones — worry they won't have enough pilots. They're a number of factors in play, but they point to new federal safety rules as a big part of the problem.

In February 2009, a Colgan Air commuter jet crashed, killing 50 people. Investigators cited inadequate pilot training; Congress responded with new legislation. Beginning next summer, those who want to pilot commercial jets will need dramatically more hours of flight training before they can be hired.

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