The Department of the Treasury and the Internal Revenue Service released new guidance that is “designed to expand the use of income annuities in 401(k) plans.”
ARLINGTON, Wash. (AP) — Rescuers slogging through muck and rain Tuesday in an increasingly desperate search for survivors of a massive mudslide instead recovered two bodies and believe they have located another eight, Snohomish County District 21 Fire Chief Travis Hots said. The announcement put the official death toll at 16, with the possibility of 24 dead once the other bodies are confirmed.
Your daily look at late-breaking news, upcoming events and the stories that will be talked about Wednesday: 1. HEALTH CARE ENROLLMENT EXTENDED
WASHINGTON (AP) — Seemingly divided, the Supreme Court struggled Tuesday with the question of whether companies have religious rights, a case challenging President Barack Obama's health overhaul and its guarantee of birth control in employees' preventive care plans. Peppering attorneys with questions in a 90-minute argument, the justices weighed the rights of for-profit companies against the rights of female employees. The discussion ranged to abortion, too, and even whether a female worker could be forced to wear an all-covering burka.
WASHINGTON (AP) — People who've started applying for health insurance but aren't able to finish before the March 31 enrollment deadline will get extra time, the Obama administration announced Tuesday. "We are experiencing a surge in demand and are making sure that we will be ready to help consumers who may be in line by the deadline to complete enrollment, either online or over the phone," Health and Human Services spokesman Aaron Albright said.
KUALA LUMPUR, Malaysia (AP) — As frustration was setting in, calmer seas returned Wednesday and the search for the remains of Flight 370 began anew in remote waters of the Indian Ocean off western Australia. Gale-force winds that forced an all-day delay Tuesday died down, allowing a total of 12 planes and two ships from the United States, China, Japan, South Korea, Australia and New Zealand to resume the hunt for any pieces of the Malaysia Airlines jet — tangible evidence for the families seeking closure after more than two weeks of anguished uncertainty.
WASHINGTON (AP) — To assuage privacy concerns, the White House and some lawmakers are pushing forward with changes to a surveillance program that would leave the bulk storage of millions of Americans' telephone records in the hands of phone companies, even though they are convinced the information now held by the government is protected and question whether the changes would actually do more to protect privacy. President Barack Obama intends to ask Congress to end the bulk collection of Americans' phone records. Instead, the government would ask phone companies to search their records for possible links to terrorism.
FEODOSIA, Crimea (AP) — As former comrades saluted them from outside a base overrun by Russian forces, Ukrainian marines in Crimea piled into buses Tuesday to head back to the mainland. It was a low-key exit from this eastern Black Sea port, with fewer than a dozen friends and relatives on hand to bid the marines farewell. A troop transporter bearing black Russian military plates trailed the bus as it pulled away.
CHICAGO (AP) — An emergency track-side braking system activated but failed to stop a Chicago commuter train from jumping the tracks and barreling to the top of an escalator at O'Hare International Airport, a federal investigator said Tuesday. The events that led to Monday's accident, which occurred around 3 a.m. and injured more than 30 passengers, might have begun with the train operator dozing off toward the end of her shift, according the union representing transit workers. But Tuesday's announcement that a piece of emergency safety equipment might have failed was the first indication the accident could have been caused by human error and mechanical failure.
NEW YORK (AP) — Facebook has agreed to buy Oculus for $2 billion, betting that its virtual reality technology may be a new way for people to communicate, learn or be entertained. "This is a long-term bet on the future of computing," said Facebook Chief Executive Mark Zuckerberg Tuesday on a call with analysts. "I believe Oculus can be one of the platforms of the future."
LOS ANGELES (AP) — The Porsche carrying "Fast & Furious" star Paul Walker was traveling up to 94 mph when it went out of control on a suburban street and crashed, killing the actor and his friend, according to an investigation by law enforcement agencies into the November accident. The sports car driven by Roger Rodas slammed into a light pole with a 45 mph speed limit sign and burst into flames. Walker and Rodas died at the scene.