Marketplace for Friday July 25, 2014
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We’ve come to expect lousy earnings reports from Amazon, but yesterday’s was beyond lousy, and the stock is down 11 percent this morning. Has Amazon finally reached a point where it’s going to have to behave like other companies and make some money? Plus, under the Affordable Care Act, healthcare companies are required to spend at least 80 percent of premiums on actual medical care. We’ll explain how these rebates work and who actually gets the money. Also, has the automated red light camera system failed to live up to its promise? The system was created to improve safety on the roads and generate income in cities across the country, but the system has been plagued with controversy; and is increasingly unpopular with drivers.
Posted In: cars, Traffic, roads, red light cameras
Has the automated red light camera system failed to live up to its promise?
Posted In: health care, rebates, Health care and insurance, Affordable Care Act
Insurers will be issuing $330 million in refunds, but few people will get checks.
Posted In: Wall Street, recession
Lean days for Wall Street workers?
Posted In: Agriculture, Tom Vilsack, rural America
On the Farm Bill, infrastructure and chemicals.
Posted In: Bear Stearns, Ace, banking crisis
Alan Greenberg rose from clerk to CEO of Bear Stearns before its stunning fall.
Catherine Rampell from the Washington Post and Linette Lopez from Business Insider