Business Highlights

The Associated Press

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Zuckerberg says Facebook has overcome hurdles

SAN FRANCISCO (AP) ⿿ Facebook CEO Mark Zuckerberg, acknowledging concerns about his company's stock performance, said Tuesday that Facebook has survived troubles before.

He spoke to a standing-room-only audience at a tech conference in San Francisco in his first interview since the company's rocky initial public offering in May. Facebook Inc.'s stock has lost half its value since the IPO.

Zuckerberg said the drop "has obviously been disappointing," but he said it's a great time to "double down" on the company's future.

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Nielsen shows how people use TV differently

NEW YORK (AP) ⿿ The number of U.S. homes that don't get traditional television service continues to increase, but that doesn't mean they don't have TVs.

The Nielsen company said in a report issued on Tuesday that three-quarters of the estimated 5 million homes that don't get TV signals over the airways or through cable, satellite or telecommunications companies have televisions anyway.

Many of these homes are satisfied to use their TVs for games or get programming through DVDs or services like Netflix or Apple TV, said Dounia Turrill, senior vice president for client insights at Nielsen.

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Premiums for family health plans hit $15,745

WASHINGTON (AP) ⿿ Annual premiums for job-based family health insurance went up just 4 percent this year, but that's no comfort with the price tag approaching $16,000 and rising more than twice as fast as wages.

The annual survey released Tuesday by two major research groups served as a glaring reminder that the nation's problem of unaffordable medical care is anything but solved.

Premiums for a family plan are averaging $15,745, with employees paying more than $4,300 of that. And lower wage workers are paying more for skimpier coverage than their counterparts at upscale firms.

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