Ethan Lindsey first worked on the Marketplace Morning Report in 2004 and returned in 2010. In the interim, he worked as a reporter at the Oregon Public Broadcasting. One of Lindsey’s first jobs out of college was clipping and summarizing news for the President and the White House.
In 2009, Lindsey won a Peabody Award for his work as a reporter at Oregon Public Broadcasting. He was also awarded a Fulbright fellowship, which allowed him to report in Germany for a year. One of the highlights of his fellowship was a trip to Trossingen, Germany, the birthplace of the harmonica. He had the pleasure of interviewing the curator of the harmonica museum and reporting on the history of the instrument.
Lindsey graduated from UC Berkeley, with a degree in English. In addition, he received his Masters at Columbia University’s Graduate School of Journalism.
Lindsey currently resides in Los Angeles and enjoys hiking, camping and skiing in his free time. He is a die-hard Cal football fan and has been known to globe-trot in order to catch a game.
Features by Ethan Lindsey
AOL CEO Tim Armstrong announced in a conference call with employees that about half of its 1,000 hyper-local Patch news sites will be closed or spun off over the next seven days, and that the reporters and editors at those sites will be laid off. (Romenesko)
Last week, you could have bought a replica NCAA jersey at Shopncaasports.com for about $60. All you needed to do was type in your school and your favorite college athlete's name. The NCAA has discontinued the sales of that type of apparel, as part of its ongoing battle over the profits associated with the likeness of its amateur college athletes. (WSJ)
The year, in the movie "Elysium", that Matt Damon's character is struggling to live on Earth amid devastating income inequality and poverty. It may seem like a typical sci-fi dystopian epic, but there are clear economic themes. The New York Times explains, "the privileged few live in the ultimate gated community, a wheel-shaped space habitat, Elysium, that brings to mind an orbital Mercedes-Benz logo." (NYT)
J.C. Penney is searching for a new CEO, just four months after former Apple executive Ron Johnson was ousted from the job for making drastic changes to the store's retail model. Interim CEO Mike Ullman will be replaced when that new executive is found. (WSJ)
A judge has ordered animal rights groups to post a half-million dollar bond to continue their legal fight on domestic horse slaughter in New Mexico and Iowa. The Humane Society of the United States, Front Range Equine Rescue and others won a temporary restraining order last week that blocked two slaughterhouse firms from opening their operations. The bond will cover the companies' costs and lost profits for the next 30 days should the animal rights groups lose the case. (AP)
The size of the Powerball jackpot has grown to fourth-largest in U.S. lottery history. Forty-three states participate in the game, but Pennsylvania has had the most winners in Powerball history. Sixteen jackpots have been awarded to residents of the Keystone State. (CBS News)
Kenya's Jomo Kenyatta International is among the busiest airports in East Africa, and it is reopening tomorrow after a fire shut down air traffic. More than five million passengers pass through Nairobi's airport each year, making it one of East Africa’s busiest transit hubs. (Voice of America)
Consumer spending is what drives the U.S. economy, and because of that, consumer behavior is studied more closely than almost any other field. Researchers look at what cars people buy at different income levels, what pets they own, and what they do with their time. Plus, the U.S. Census collects and breaks down American behavior by income as well.
With that treasure trove of data, Marketplace's Wealth & Poverty Desk is embarking on a long-term project to chart what Americans' incomes say about their demographic outcomes. We're calling it 'Income Upshot', partly because we're telling these stories by inputting demographic and income data and outputting the upshot of that data in infographics, interactives and radio storytelling.
We'll begin our project with a series of reports around how income determines car and auto purchases. For instance, for families making poverty wages, Chevy is the most popular car brand. Those same families are most likely to buy small cars, such as the Chevy Sonic. Whereas for the median income family, Toyotas are the go-to cars, and they’re most likely to drive midsized cars, like a Toyota Camry. And finally, the most popular car for the richest of the rich is a Mercedes Benz.
And yet, 5 percent of people making over $500,000 a year drive Toyotas. (Do not underestimate the value of Prius piousness.)
Stay tuned for stories, visuals and interactives that explore what outcomes result from your income.
The percentage of people in the highest-income bracket, and the same percentage of people making $30,000 or less, who drive Jeeps. Jeep is one of the few car brands that does equally well in the top- and bottom-income brackets. (Marketplace)
That's the percentage of American families making the median income level who own gerbils. Pet data shows ownership levels of different animals varies by income. (Marketplace)
The Washington Post Co., before selling its flagship newspaper to Amazon founder and CEO Jeff Bezos, saw its circulation drop from 832,332 average subscribers, in 1993, to 474,767 last year. That's just one of the disruptive trends that forced that surprise news from the Post. (The New Yorker)
The price of the most expensive hamburger in the world, according to Dutch researchers who "made" the burger using meat grown from stem cells in petri dishes. (The Guardian)
The closing price of the FTSEurofirst 300, its highest close since May 30. European stock markets closed at their highest levels in two months today, despite concerns about U.S. job and economic growth. Strong profits from insurance companies helped fuel the investor optimism in the Old Country. (Insurance Journal)
The expected price for ultra-luxury seats on cross-country flights with JetBlue Airlines. The carrier is unveiling lie-flat seats and a handful of “private suites” for high-end travelers on its most lucrative routes. (Bloomberg)
Perrigo, the largest maker of generic over-the-counter medications like store-brand aspirin, says it will be buy the Irish drugmaker Elan for $8.6 billion. Perrigo gets royalties from Elan's best-selling treatment for multiple sclerosis. Perrigo also gets a new address for its tax returns. Currently based in Allegan, Mich., Perrigo will officially move to Ireland, where corporate tax rates are lower. (WSJ)
BMW unveiled its first mass production all-electric car: The i3. The sticker price of the car will be $42,000, before collecting any tax breaks for which you may be eligible. For a few thousands dollars more, BMW will include a "range extender." What helps extend your range? A car engine that uses gas. (BMW)
Saks is moving north -- the Great, White North to be exact. The U.S. luxury retailer Saks agreed to sell itself to Hudson's Bay, the Canadian parent of upscale retailer Lord & Taylor, for about $2.4 billion. Hudson's Bay is looking to grow its footprint in the U.S., now that Target and other major U.S. companies are targetting Canadian markets. (Bloomberg)
That's the average cost for four years of tuition at one of the 11 top colleges in the country, according to Forbes. That amount of money would also buy you 16 Tiffany diamond engagement rings, or 1,818 kegs of Miller High Life beer (though, for many college students the beer of choice is Natural Ice). (Forbes)
The number of Twitter users that received retweets from the Twitter in-house account @Twitterads of actual Twitter users saying made up things. "The users featured raving about TV commercials never said anything of the kind, and were unaware their profile pics and accounts were being presented". (SFGate.com)
The number of times the phrase "middle class" appeared in the prepared remarks for President Obama's speech about the economy in Galesburg, Ill., today. (Marketplace's Wealth & Poverty desk live tweet of speech.)