Marketplace for Monday June 30, 2014
The Supreme Court rules the ACA’s contraception provisions violate a federal law protecting religious freedom in the case of two challenging corporations. The court restricts the idea of religious liberty to corporations of a certain kind: closely held corporations, the vast majority of which are individuals or small family businesses. Some, though, are large: Hobby Lobby, one of today’s plaintiffs, is family owned and employs nearly 20,000 people. Also, the revelation that Facebook has been manipulating the feelings of its users revealed the existence of its data science division. We look at what the division does, why it’s so important to Facebook, and why knowing so much about your feelings is key to Facebook’s success. Plus, President Obama today nominates Bob McDonald, the former chief executive of Procter and Gamble, as the new chief of Veterans Affairs. McDonald will inherit a department riddled with deep-rooted problems. So what does the appointment of an outsider from the private sector say about the future of the VA?