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Marketplace for Monday, August 26, 2013
Aug 26, 2013

Marketplace for Monday, August 26, 2013

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The merger of BATS and Direct Edge creates the second-largest stock exchange in the U.S. These exchanges, created by big financial institutions, were built for speed. Plus, Donald Trump is being sued for allegedly defrauding Trump “University” students. But in addition to his name on an online school, Trump also has made big business out of licensing his brand. Finally, the wildfire in California near Yosemite is one of the largest in state history. Cities and local communities are threatened -- the next step for the people whose homes have been destroyed is likely a call to their insurance company. And many of the people who live in fire-prone areas can't get regular fire insurance.

Segments From this episode

Google Glass wants to track how you watch ads

Aug 26, 2013
A new app for Google Glass measures pupil dilation in reaction to advertisements.

BATS + Direct Edge = giant stock exchange you've never heard of

Aug 26, 2013
The merger of BATS and Direct Edge will create the second-largest stock exchange in the U.S., passing the Nasdaq.

Trump University fails students: Lawsuit

Aug 26, 2013
Trump University is just one of the many items that the Donald has branded.

Insurance pools enable housing in Western wildfire zones

Aug 26, 2013
As the Rim Fire in California continues to spread from Yosemite National Park, thousands of homes are threatened. In many areas in the West, insurance pools make it possible to build housing in high-risk fire zones.

Social shopping: Word-of-mouth into dollars-and-cents

Aug 26, 2013
On social commerce sites, users curate their own recommendations, and people can even get a cut of any sales.

A steep cab fare: Uber valued at $3.5 billion

Aug 26, 2013
On-demand car service Uber, which uses a smartphone app to send you a car, is reported to be worth $3.5 billion.

A fluid Bitcoin community, but not a silent one

Aug 26, 2013
U.S. regulators are trying to figure out how to handle Bitcoin, a virtual currency back by no government.

Sports contracts can pay more when they pay later

Jul 1, 2015
Two of the most admired and notorious deals in pro sports involve postponing payments in return for bigger paychecks.
Outfielder Bobby Bonilla #23 of the Atlanta Braves at Turner Field in Atlanta, Ga., on Apr. 4, 2000.
Jamie Squire/ALLSPORT

The merger of BATS and Direct Edge creates the second-largest stock exchange in the U.S. These exchanges, created by big financial institutions, were built for speed. Plus, Donald Trump is being sued for allegedly defrauding Trump “University” students. But in addition to his name on an online school, Trump also has made big business out of licensing his brand. Finally, the wildfire in California near Yosemite is one of the largest in state history. Cities and local communities are threatened — the next step for the people whose homes have been destroyed is likely a call to their insurance company. And many of the people who live in fire-prone areas can’t get regular fire insurance.

Music from the episode