After the Supreme Court announced its health care decision Thursday, the stock market rewarded some companies and punished others. But by the end of the day, stock traders seemed to shrug off the ruling.
By a vote of 5-4, the Supreme Court upheld almost all of the 2010 health care law. Chief Justice John Roberts joined the court's four more liberal members in saying it is constitutional under Congress' right to levy taxes.
Shelly Lazarus, a Brooklyn native, began working at the ad agency Ogilvy and Mather at a time when the industry looked much like the one portrayed on the TV show, Mad Men. After 41 years at Ogilvy, Lazarus is getting ready to leave her post as chairman. As of Sunday, she will serve as chairman emeritus.
Anheuser-Busch InBev has announced it is buying the rest of the Mexican brewer Modelo, which is known for Corona. It had already owned a non-controlling portion and is paying more than $20 billion for full control. Analysts say the buy will help InBev move into new markets.
It's 9:45 am on Thursday at the headquarters of Health Plan One, a health insurance agency that sells private policies. The biggest court decision ever regarding health insurance is about to come down.
For some elected officials in Florida, Thursday's Supreme Court decision came as an unexpected shock. Republican Governor Rick Scott and his administration have done as little as possible to comply with the law. Now they have some tough decisions to make.
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