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with Kai Ryssdal

Marketplace for Friday August 15, 2014

Starbucks changes some of its computer-driven scheduling policies, and we use it as a way to explain the growing phenomenon of using algorithms and big companies to schedule employes to manage labor costs — and the (negative) consequences for them — lost hours, flexibility, control. Plus, Coke is acquiring a 17 percent stake in Monster Beverage for just over $2 billion. The energy drink business is booming and the soda business — not so much. So Coke wants an energy jolt from Monster... but to get it, it's exchanging its own energy brands for Monster’s non-energy drinks.  We use Coke to look at swaps. What they are, why they’re done and whether they work. Also, the 2014 United States Open Miniature Golf Tournament that begins in Erie, Pa., today. Prizes are small, but apparently there’s enough action that it can sustain a pro circuit, Queena Kim reports.    

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Marketplace® is your liaison between economics and life. Noted for timely, relevant and accessible coverage of business news across both audio and digital platforms, Marketplace programs are heard by more than 12 million weekly listeners. This makes the Marketplace portfolio the most widely heard business or economic programming in the country.