Marketplace for Thursday, October 18, 2012
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Google accidentally reported their dismal quarterly earnings early today and their stock price came tumbling down. Journalist Jeff Jarvis talks about Newsweek's announcement that it will go online only after this year. New York Mayor Michael Bloomberg is investing millions of his own money into a new super PAC in hopes of helping some congressional candidates. Online review site Yelp will now post online alerts outing businesses suspected of soliciting paid recommendations. And we continue our collaboration with Frontline with an investigation into why some Americans have a problem with secret campaign donations.
Posted In: Google, Earnings
Google's quarterly earnings report was mistakenly released while markets were open, instead of after. A 20 percent drop in profits, as prices of online and mobile ads decline, sent shares down immediately.
Posted In: Citizens United, super PAC, super PACs
A primer on the Supreme Court case that changed the way money could be spent in elections.
Posted In: Mexico, tomato, free trade
Florida tomato farmers are pushing the Obama administration to end a 16-year-old tomato import agreement with Mexico. Critics smell election-year pandering and worry about Mexican retaliation against other U.S. industries.
Posted In: Yelp
The popular review site will now post online alerts outing businesses suspected of soliciting paid recommendations.