Marketplace for Thursday, February 20, 2014

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Episode Description 
Gap announces it will raise wages of its lowest-paid workers above the current minimum wage. Walmart and other chains are looking at doing something like this. We examine the factors that go into their decision making. Next, Facebook’s $19 billion bid for WhatsApp essentially means it’s paying $42 per WhatsApp subscriber. That’s $12 more per user than Facebook paid for Instagram. Finally, a new report on inequality from Brookings looks at which American cities have the highest and lowest rates of inequality. What impact does the gap have on vibrancy, and quality of life? 

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Posted In: sound

Ukraine's unrest: Violence continues despite truce

More dead and captured in clashes between protesters and police.
Posted In: ukraine, protest

Checking in on President Obama's pay hike request

President Barack Obama has proposed raising the federal minimum hourly wage. He also asked companies to pay more.
Posted In: minimum wage

Ranking cities from Miami to Boston to Wichita on inequality

A new report from the Brookings Institution tracks American cities with the highest and lowest rates of economic inequality. Some cities with less inequality look a lot like the suburbs.
Posted In: inequality, cities

What's a WhatsApp subscriber worth? $42

Facebook's is paying $42 for every WhatsApp subscriber.
Posted In: WhatsApp, Facebook, instagram

A monumental day for Washington, D.C.

Marketplace Datebook for Friday, February 21, 2014
Posted In: Washington, DC, Monuments

When you're the 'new pharma' in town

How a small pharmaceutical company triumphed over the pressures of Wall Street and 'big pharma.'
Posted In: pharmaceuticals

Music from this show

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The Funeral
Band Of Horses
Ends of the Earth
Lord Huron
Run
Dale Earnhardt Jr. Jr.
Lonesome Dreams
Lord Huron