Marketplace for Thursday May 22, 2014

Episode Teaser Image 
Dallas Skyline
Episode Description 
As Sears Canada today posts its steepest fall in quarterly sales in almost five years, we look at why Canada has proved such a difficult terrain for US businesses. Plus, Unilever is selling its Ragu brand to a Japanese conglomerate, the latest passage for the spaghetti sauce that brought Italian cooking into the mainstream in the U.S. We look at the cultural and culinary history of Italian-American food and its banner sauce (which is in fact a marinara, not a ragout). Also, new census figures say 7 of the 15 fastest growing communities in the U.S. are in Texas – places like Cedar Park, Frisco and San Marcos. But that growth doesn’t necessarily translate to wealth. In San Marcos, the median household income is just $26,000, far less than the state median of $49,000.
Texas Map

Why population growth isn't always an economic boon

New census says seven of the 15 fastest growing communities in the U.S. are in Texas.
Posted In: texas, population growth
Levi Store

Don't wash your jeans, freeze them.

Two CEOs gave some jean-ous advice Thursday.
Posted In: levi's, CEOs, Fiat
Ragu pasta sauce

Ragu: the way many of us learned to love 'Italian' food

Ragu was heavily advertised in the '60s, bringing red sauce to Americans at large.
Posted In: Ragu, Food, tomato sauce
Sears Canada

Oh Canada... the black hole for U.S. stores

Why has Canada proved so difficult for U.S. business?
Posted In: Canada

Superfood fads: Super distracting for global farmers?

What miracle "superfood" trends mean for developing countries' agriculture.
Posted In: super food, moringa, philippines, Agriculture

What Thailand's political climate means for the economy

In the past, instability hasn't had much effect.
Posted In: Thailand

A day in the life of a payphone

New York City has about 10,000 public payphones. But who's using them?
Posted In: payphones, New York City, Cellphones, wifi

Happy 200 millionth birthday, turtles

Marketplace Datebook for Friday, May 23, 2014