NEW YORK (CNN) -- CNN Money's Stacey Delikat has your top business and financial news on this Tuesday, March 19.
Cyprus shuts banks as bailout backfires
The latest European bailout is blowing up. Two days after the European Union revealed a €10 billion rescue for Cyprus, the tiny island nation said its banks would not reopen at least until Thursday to give it more time to win the backing of parliament for a controversial tax on deposits. The unprecedented tax on bank deposits led to a run on cash machines in Cyprus over the weekend. It also spooked investors, who feared that other weak eurozone states could eventually be forced down the same path, despite EU statements to the contrary.
Jan. jobless rates rose in 25 states, D.C.
Unemployment rates rose in 25 states and the District of Columbia in January, but almost half the states posted rates significantly lower than the national 7.9%, the government reported Monday. Unemployment fell in eight states and 17 states had no change from December, the Labor Department said in its monthly report on the labor market in all 50 states. North Dakota again had the lowest rate at 3.3%.
Washington Post to start charging for website
The Washington Post WPO -0.28% confirmed its intention to start charging for access to its website, making it one of the last major American newspapers to do so. The Post said Monday it would launch what it calls a "metered digital subscription model," or what is known in the industry as a paywall. Readers will be able to look at up to 20 articles or multimedia features on the site free. Anyone who wants to read more will have to subscribe, although access to the home page of the site, or to links discovered through social media, will remain free, the Post said.
Under 14? Disney parks will now require supervision to enter
All Disney theme parks in the U.S., including Disneyland and Disney California Adventure Park, will soon require that youngsters entering the parks be accompanied by someone at least 14 years old. The new admission policy takes effect March 23. Disney officials said the change was not made in response to a particular incident. Disney's admission policy has varied from park to park and Disneyland spokeswoman Suzi Brown said the company decided to adopt a consistent policy throughout its theme parks.