Medicare, Wireless Internet: Hot Trends
(Information about Medicare and Internet on Mount Everest Hot Trends article.)
NEW YORK (
) -- "Medicare" is a heavily searched topic today as the annual open enrollment period approaches.
>>Coventry Health Earnings Up Sharply
On Nov. 15, Medicare's annual open enrollment period will begin for seniors enrolled in Medicare Part D prescription drug plans. The period will continue through Dec. 31.
During this time, seniors in the federal health insurance program can make changes to their coverage. Any changes will take effect Jan. 1, 2011.
"Wireless Internet" is a popular search topic today after NCell, a subsidiary of Swedish telecom company
TeliaSonera
, announced that they have equipped Mount Everest with a 3G high speed Internet connection.
The private Nepal-based company has set up seven 3G base stations in the Everest region, one of which near the mountain's 17,000-foot base camp, which is often the final gathering point on a journey to the peak.
NCell says it hopes to expand the service in the region in the near future.
"Revolt against TSA" is a trending search topic today after Captain Dave Bates, president of the Allied Pilots Association, wrote a letter demanding private security screening for airline pilots.
"There is absolutely no denying that the enhanced pat-down is a demeaning experience. In my view, it is unacceptable to submit to one in public while wearing the uniform of a professional airline pilot," Captain Bates said. "I recommend that all pilots insist that such screening is performed in an out-of-view area to protect their privacy and dignity."
>> US Air, American Pilots Decry Security Measures
The APA, which is made up of 11,000
TheStreet Recommends
American Airlines
(AMR)
pilots, is also concerned with repeated radiation exposure from airport body imaging scanners.
Mike Cleary, president of the
US Airways
(LCC)
pilots union, shares a similar view on the issue. "Based on currently available medical information," he wrote in a letter to his union members, "frequent exposure to TSA-operated scanner devices may subject pilots to significant health risks."
"The Daily Beast" is a hot search topic today after news that
Newsweek
magazine and
The Daily Beast
Web site have merged to become the
Newsweek Daily Beast
company.
>> Newsweek and Daily Beast Merge
The joint venture will be equally owned by
Newsweek
owner Sidney Harman and Barry Diller, CEO of
The Daily Beast's
parent company
IAC/InterActive
(IAC)
.
Harman, the founder of audio and video equipment company
Harman International
(HAR)
,
bought the magazine for $1
from the
Washington Post
(WPO)
in August.
"Stock futures" is a hot search topic today as the global markets decline on fears that
China will increase interest rates to cool its fast-growing economy
.
The
Dow Jones Industrial Average
fell 119 points to 11,163, the
S&P 500
was down 17 points to 1,195, and the
Nasdaq
was down 45 points to 2,509.
>>Dow Sells Off on China Rate Fears
China's consumer price index rose 4.4% year over year in October, which brought the average inflation for the year to 3%. This change increased the chance that the country will enact measures to slow economic growth.
"Android 2.0 tablet" is a heavily searched topic today following news that a 7-inch Sylvania tablet computer has hit the market just in time for the holiday season.
The device has reportedly been spotted at
Toys 'R' Us
for around $140 and at
Kmart
for about $180.
The 7-inch tablet runs on
Google's
(GOOG)
Android OS 2.1 system, has a touch screen, 512 megabytes of RAM and 2 gigabytes of Flash memory.
"ETFs" is a heavily searched topic today after global stock assets hit two-year highs. Investors hope that the bullish environment will provide them a better "buying opportunity."
Treasury yields are much lower today than they were seven months ago. The 10-year Treasury note is at 2.5%, down from 4% in April.
>>Dion's ETF Winners and Losers
"Money will continue to leave Treasuries for higher-yielding bonds, preferred shares, partnerships and, yes, stock assets,"
TheStreet's
Certified Financial Planner Gary Gordon said in his article, in which he gives the
3 major reasons why investors should be interested in buying stock exchange traded funds
.
"Silver prices" is another hot search topic today, after the precious metal reached a 30-year high of $29.34 on Wednesday.
Silver futures for December were up 54 cents to $27.41 an ounce after the price dropped 7.1% to $26.87 an ounce.
The largest drop in almost two years came as the dollar rallied.
Silver's
(SLV)
volatility has been even more extreme than gold's as the thinner market makes it more vulnerable.
The chatter on Main Street (a.k.a. Google) is always of interest to investors on Wall Street. Thus, each day, TheStreet compiles the stories that are trending on Google, and highlights the news that could make stocks move.
--Written by Theresa McCabe in Boston.
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Disclosure: TheStreet's editorial policy prohibits staff editors and reporters from holding positions in any individual stocks.
