Marketplace Morning Report for Monday, August 5, 2013
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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.
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A lot of new data point to a steady, but unclear future for the economy. Walgreens and CVS both announce earnings this week. Company results will reflect the run-up to Obamacare. And, there's a proposal in Congress to let the taxpayer-backed mortgage giants die, and Marketplace's economics guy says we should all get behind it.
Posted In: apple, samsung, trade
Samsung has lost more than a billion dollars in market value this morning after the White House overturned a patent victory for the company that favors rival Apple.
Posted In: Walgreens, CVS, health care
Walgreens and CVS both announce earnings this week. Company results will reflect the run-up to Obamacare.
Posted In: homelessness, Washington D.C.
Program looks to get homeless into permanent housing, but some worry it's too punitive
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