Marketplace Morning Report for Monday, August 5, 2013
Samsung has lost more than a billion dollars in market value this morning after the Obama administration vetoed a ban on some Apple products over the weekend. The opening of two commercial horse slaughterhouses -- one in New Mexico, the other in Iowa -- will not happen as scheduled today, after a federal judge continued the ban on horse meat on Friday. And, Washington, D.C. is developing a program that will require many people in homeless shelters to put part of any income they receive -- wages or welfare -- into mandatory savings accounts.
Samsung has lost more than a billion dollars in market value this morning after the Obama administration vetoed a ban on some Apple products over the weekend. The opening of two commercial horse slaughterhouses — one in New Mexico, the other in Iowa — will not happen as scheduled today, after a federal judge continued the ban on horse meat on Friday. And, Washington, D.C. is developing a program that will require many people in homeless shelters to put part of any income they receive — wages or welfare — into mandatory savings accounts.