Marketplace Morning Report for Thursday, August 15, 2013
Episode Teaser Image:
A look at business in Egypt during a state of emergency. Global retailers such as Walmart and H&M have promised to improve workers safety in Bangladesh, but conditions in many textile factories remain bad. And what's with all the activist investors?
Listen to more audio from this episode
Posted In: Egypt, morsi
Zainab Khalifa, a jewelry store owner in Cairo, discusses how her business is faring and what her hopes are for the future of Egypt.
Foreclosures are down, but the housing market isn't quite moving yet. Retail earnings disappoint on slow economic recovery. And is long term care insurance worth it?
Posted In: housing market, foreclosures
The rate of foreclosures in July was down 32 percent from a year earlier, according to RealtyTrac. That sounds like good news, but it masks a stubborn reality.
Posted In: dogs, iPad, New York City
New York City has plenty of things we want but maybe don't need, like artisan pickles and baby yoga. What's the latest? Classes for dogs to learn how to use iPads.
Posted In: Walmart, Retail, employment, wages
Diane Swonk, chief economist with Mesirow Financial, discusses the latest retail earnings.
Posted In: Bangladesh, manufacturing
Milllions of textile workers still work in unsafe conditions four months after the Rana Plaza factory near Dhaka collapsed, causing 1,100 workers to lose their lives. There is much pressure for change, however.
Posted In: makeup, marketing, brazil, cosmetics
Estee Lauder began marketing makeup to minorities in the U.S. during the recession, launching its M.A.C. stores. Now that line is the biggest selling makeup in several countries.