UPDATE: Obama admininstration delays major requirement of health care law

Tuesday, July 2, 2013 | 6:01 p.m. CDT; updated 7:00 p.m. CDT, Tuesday, July 2, 2013

WASHINGTON — In a major concession to business groups, the Obama administration Tuesday unexpectedly announced a one-year delay, until 2015, in a central requirement of the new health care law that medium and large companies provide coverage for their workers or face fines.