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Marketplace Morning Report for Monday, July 15, 2013

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Episode Description 
China's economy is still growing, but at its slowest pace since 1991. Will the new health care reform law cause workers to leave their jobs as coverage becomes more affordable? And Warren Buffett gives a lesson on philanthropy.

PODCAST: Rained in, sales up

June retail sales are up, but not over. Georgia, Kentucky and North Carolina's tobacco crop is threatened by excessive rain. And weight-loss drugmaker Vivus is pushing for more sales.

Radiohead's Thom Yorke drops Spotify

Add Radiohead's Thom Yorke to the list of high profile musicians protesting the amount of pay artists get from Spotify.
Posted In: Music, spotify, Radiohead

June retail sales up, but not over

Retail sales ticked up 0.4 percent in June but came in below analyst expectations.
Posted In: Retail, consumer behavior, Federal Reserve

Tobacco crop threatened by excessive rain in Kentucky, Georgia

Tobacco is a drought resistant plant. But this year, the weather has been anything but dry in major tobacco growing states like Kentucky, North Carolina and Georgia.
Posted In: Agriculture, farming, weather, kentucky, Georgia

Ben Bernanke's swan song

Fed chair Ben Bernanke heads to Capitol Hill for his last semi-annual two-day testimony. He may face tough questions, reflecting perceived politicization of his role in the absence of coordination between Congress and the White House.
Posted In: Fed, Bernanke, Congress, Obama congress, Federal Reserve

Retail stores move beyond Internet cookies to physical tracking

Cabela's, Benetton, and Mothercare are among national retailers that have tested the idea of tracking people with cellphone signals and video cameras as they shop stores, according to the New York Times.
Posted In: Retail, wifi

Affordable Care Act may free some from working for health insurance

Nearly 1 million employees could end up voluntarily leaving their jobs when health exchanges open on January 1, according to a new report from Columbia and National Bureau of Economic Research.
Posted In: health care, Affordable Care Act, health care reform, insurance exchanges

Tesla stock reaches pole position: NASDAQ-100

Tesla joins the NASDAQ-100 on Monday, only a year after some critics were expecting it to be another dud.
Posted In: NASDAQ, Elon Musk, Tesla S, electric cars, tesla

China's GDP growth slows to 7.5%

China's GDP growth slowed in the second quarter to 7.5 percent -- its weakest pace since 1991.
Posted In: China, GDP, global economy

Encryption works? Microsoft helps NSA break through its own data protections

New documents, leaked by Edward Snowden and reported in The Guardian newspaper, show how the NSA got Microsoft to circumvent its own encryption to intercept Outlook and Skype communications.
Posted In: NSA leaks, nsa, Edward Snowden, Microsoft, PRISM

Russia to build first floating nuclear power plant

Putting nuclear reactors on a big boat may sound scary, but it's already pretty common.
Posted In: Russia, nuclear energy

Weight-loss drug Qsymia pushing for more sales

One of the Vivus' latest tactics is to market its drug straight to consumers. Starting this fall, you'll see Qsymia ads in magazines and on television. But it may still be too expensive for some.
Posted In: pharmaceuticals, obesity, health care

Music from this show

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Walk On By
El Perro Del Mar
Run, Alive, Run
Felix Laband
Chicago
Groove Armada
The Final Comedown
Grant Green