Marketplace for Thursday June 26, 2014

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Episode Description 
General Motors is recalling some Chevy Cruze sedans because of a potential problem with the airbags. The Cruze is GM’s best-selling vehicle in North America, and this is just the latest in a string of GM safety issues. Is this the tipping point where the recalls start hitting GM’s bottom line? Plus, the Office of the Comptroller of the Currency yesterday released a study showing that banks are making riskier loans. They’re making them indirectly to individuals in the form of auto loans, and directly in the form of so-called covenant-lite loans. We look at what these loans are, why they’re risky and what it means for the economy. Also, sponsors pay big money to put their names on team gear. So when one Brazilian player peeled off his shirt to reveal he was wearing the wrong underwear, it was more than something funny to talk about. We look at the serious business of sponsorship—and product (mis)placement. 
2014 Cruze

Why the Cruze recall won't hurt GM's bottom line

GM has recalled 20 million vehicles this year.
Posted In: General Motors, recall

Island's answer to China-Japan dispute: Tourism

The tiny resort island of Ishigaki wants Chinese tourists, but not its military.
Posted In: China, Japan, tourism

Keeping the water clean at American Water

Susan Story, CEO of American Water, talks about plans to avoid a water crisis.
Posted In: water

Fire Chat is hot app in repressive countries.

An new app called Firechat lets people ommunicate even when they're offline, allowing them to keep ahead of government censors.
Posted In: apps, censorship

Matt Lauer asks Mary Barra about being a mom and GM CEO

Matt Lauer interviewed Mary Barra, the CEO of General Motors, Thursday morning.
Posted In: GM, Mary Barra, Matt Lauer

U.S. steelmakers battle against cheap imports, again

China and South Korea are dumping cheap steel into the market
Posted In: steel, China, South Korea

FIFA: Unsanctioned underwear is "incidental exposure"

We look at the serious business of sponsorship and product (mis)placement.
Posted In: FIFA, World Cup, underwear

Why bank loans are getting riskier

Banks are relaxing the terms in their loans. And that makes them riskier.
Posted In: covenants, cov-lite loans, OOC, whiteboard

Music from this show

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Street Clothes
Fool's Gold
Water No Get Enemy
Kevin Mambo & Saycon Sengbloh Fela Kuti
S'éteint Le Soleil
Dancing On Our Graves
The Cave Singers
Hot Cakes
El Ten Eleven

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