Marketplace for Thursday, October 18, 2012

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Episode Description 
Google accidentally reported their dismal quarterly earnings early today and their stock price came tumbling down. Journalist Jeff Jarvis talks about Newsweek's announcement that it will go online only after this year. New York Mayor Michael Bloomberg is investing millions of his own money into a new super PAC in hopes of helping some congressional candidates. Online review site Yelp will now post online alerts outing businesses suspected of soliciting paid recommendations. And we continue our collaboration with Frontline with an investigation into why some Americans have a problem with secret campaign donations.

Newsweek magazine calls it quits

Digital media advocate Jeff Jarvis talks about the announcement that Newsweek will cancel its print issue and go digital-only.
Posted In: media, newsweek, magazines, digital, Diller, ryssdal, jarvis

Google shares drop as declining ad prices hit profits

Google's quarterly earnings report was mistakenly released while markets were open, instead of after. A 20 percent drop in profits, as prices of online and mobile ads decline, sent shares down immediately.
Posted In: Google, Earnings

The 'Citizens United' decision, and why it matters

A primer on the Supreme Court case that changed the way money could be spent in elections.
Posted In: Citizens United, super PAC, super PACs

Secret campaign donations -- so what?

Nonprofit social welfare organizations may become more potent political donors than super PACs. And they don't have to disclose who gave money.
Posted In: 2012 election, super PAC, super PACs, campaign contributions

Tomato war fought by Mexican and U.S. growers

Florida tomato farmers are pushing the Obama administration to end a 16-year-old tomato import agreement with Mexico. Critics smell election-year pandering and worry about Mexican retaliation against other U.S. industries.
Posted In: Mexico, tomato, free trade

Bloomberg moves to extend reach with super PAC

The New York mayor's new super PAC isn't the first time he's tried to change things nationally and around the world.
Posted In: Mike Bloomberg, philanthropy, smoking, money and power, New York, super PACs, super PAC

Entrepreneur channels San Bernardino's history

In the bankrupt city of San Bernardino, Calif., one entrepreneur isn't waiting for help from City Hall to achieve what he calls his destiny -- to launch a global fast food chain from the city.
Posted In: San Bernardino

Yelp starts branding companies for buying fake reviews

The popular review site will now post online alerts outing businesses suspected of soliciting paid recommendations.
Posted In: Yelp

Montblanc to capture a 'World Second'

The luxury goods company Montblanc is about to do same-day projects one better.
Posted In: Montblanc

Music from this show

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Helena Beat
Foster The People
Pro Choice (Instrumental)
Dujeous
God vs. Money (Instrumental)
Matlock
Confetti
Cold Cave
Dr. Banard [Explicit]
Suff Daddy

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