Scott Tong is a correspondent for Marketplace’s sustainability desk, with a focus on energy, environment, resources, climate, supply chain and the global economy. He services the complete portfolio of Marketplace programming and has reported on several special series including long-term U.S. job creation, U.N. climate talks in Cancun, Mexico, the Japan earthquake and tsunami, the BP oil spill one-year anniversary, and famine in the Horn of Africa. He has reported from more than a dozen countries. Tong joined Marketplace in 2004, serving most recently as the China bureau chief in Shanghai from January 2007 to July 2010. While there, he reported on a special series on the economics of one-child and the 30th anniversary of the one-child policy in China, the Beijing Olympics, the food safety scares in 2007, labor strikes, slave labor, child lead poisoning and baby-selling in China’s international adoption program. Prior to joining Marketplace, Tong worked as a producer and off-air reporter at PBS Newshour with Jim Lehrer for seven years, where he produced a special series from Iraq in 2003. Tong received his bachelor’s degree in government from Georgetown University. A native of Poughkeepsie N.Y., Tong now lives in Arlington, Va. with his wife and three children. He’s an acknowledged soccer dad, and enjoys cooking, cycling (he bikes to work on a regular basis), and running slowly.
Posted In: climate, climate change, UN climate conference
As another U.N. climate change summit goes on in Doha, a new study of carbon dioxide in the atmosphere says current levels nearly guarantee a nearly four-degree increase in global temperatures.
Posted In: Black Friday
Today is supposed to be the day that retailers wait the whole year for; the day consumers line up early to be the first ones to get those Black Friday specials.
Posted In: Argentina, hedge funds
Argentina is probably not feeling very thankful this morning. It's still digesting a U.S. court ruling involving a decade-long debt fight.
Posted In: Twinkies, Hostess
Last-ditch talks to save the Hostess company from liquidation have failed. The Twinkie maker will likely begin the (legal) winding down process to shut everything down and sell off remaining brands and assets.
Posted In: cambodia, Barack Obama, asia
Today, President Obama is on his way back to the United States after several days in Southeast Asia. His most recent stop in the tour was in Cambodia, where he attended an economic conference.
Posted In: Hostess, Twinkies
Hostess Brands may not be dead after all. The company's management and workers will be back at the bargaining table one last time today to try and avoid liquidating the company. A private mediation will take place behind closed doors.
Posted In: Hostess, Twinkies, bimbo
Attention Twinkies lovers! All is not lost. Parent company Hostess begins its liquidation process, and one rumored buyer is a global bakery conglomerate from Mexico.
Posted In: BP, Oil
The company has started buying its stock to boost its share price and rumors are buzzing the stock purchase is a defensive move to stave off a buyout from a competing firm.
Posted In: Oil, fracking, petrochemical
A boom fueled by hydraulic fracturing of shale should add millions of jobs in the U.S. The question: How long will it last?
Posted In: gas prices, price gouging
Price-gouging during natural disaster is illegal, and New Jersey is prosecuting some gas stations after Hurricane Sandy. But gouging also is a means for distributing more broadly, because it discourages hoarding.