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Media Tired Of Dissing Obamacare; Expats Surge As Tax Law Tightens; No Smoking And Driving In Jersey?; Black Friday Won’t Be Kind To Brick-And-Mortar Stores; The Weight Loss Chip – Wednesday Morning News Roundup 11-27-2013

November 27, 2013 by  

Here is a collection of some of the stories making the Internet rounds this morning. Click the links for the full stories.

  • Is Obamacare on the rebound? Positive headlines are creeping into the news coverage of Obamacare, amid a Democratic counteroffensive and signs the program could be turning a corner. “It’s true, the Democrats are more on the offensive than they were,” says Terry Madonna, a professor of public affairs at Franklin & Marshall College in Lancaster, Pa. “But they still have serious problems. No one knows where this is going. And for Democrats, the last thing they want is for this to dominate the elections next year.” Source: Christian Science Monitor…

 

  • A record number of Americans who are ditching their U.S. passports out of frustration and fear of the Foreign Account Tax Compliance Act. The law was created to root out Americans evading taxes overseas by requiring foreign financial institutions to annually report to the IRS on U.S. citizens who hold more than $50,000 at the end of the year. The number of citizenship renunciations has surged from 742 in 2009 to more than 1,854 so far this year, according to the State Department. Source: McClatchy…

 

  • Drivers could possibly be pulled over for snacking, smoking or putting on make-up behind the wheel under a bill that has been advanced in the New Jersey Assembly. New Jersey National Motorists Association representative Steve Carrellas tells The Star-Ledger that the proposal is too vague. “I can’t adjust the radio anymore? I can’t change the CD? I can’t look at a map?” he told the paper. Source: NBC Philadelphia…

 

  • With growing online competition, no fashion must-haves and weak consumer confidence, most U.S. retailers will have to offer both big discounts and stellar service to get consumers to spend freely, according to retail analysts who joined Reuters reporters on visits to stores in New York, New Jersey, California and Illinois ahead of the holiday season. Source: Reuters…

 

  • A computer chip that could be implanted in an obese patient’s arm to help weight-loss is being developed by scientists. It would constantly check for fat in the blood and, when someone has eaten too much, release a hormone that sates hunger. In tests on mice, an early version of the device led to obese creatures eating less fatty food and shedding weight. Notably, the device stopped releasing the diet drug when they reached a normal weight. Source: Daily Mail…

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