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Marketplace for Thursday, October 18, 2012
Oct 18, 2012

Marketplace for Thursday, October 18, 2012

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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.

Segments From this episode

Montblanc to capture a 'World Second'

Oct 18, 2012
The luxury goods company Montblanc is about to do same-day projects one better.

Yelp starts branding companies for buying fake reviews

Oct 18, 2012
The popular review site will now post online alerts outing businesses suspected of soliciting paid recommendations.

Entrepreneur channels San Bernardino's history

Oct 18, 2012
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.

Bloomberg moves to extend reach with super PAC

Oct 18, 2012
The New York mayor's new super PAC isn't the first time he's tried to change things nationally and around the world.

Tomato war fought by Mexican and U.S. growers

Oct 18, 2012
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.

Secret campaign donations -- so what?

Oct 18, 2012
Nonprofit social welfare organizations may become more potent political donors than super PACs. And they don't have to disclose who gave money.

Google shares drop as declining ad prices hit profits

Oct 18, 2012
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.

Newsweek magazine calls it quits

Oct 18, 2012
Digital media advocate Jeff Jarvis talks about the announcement that Newsweek will cancel its print issue and go digital-only.

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.

Music from the episode

Helena Beat Foster The People
Pro Choice Dujeous, John Legend
Pro Choice Dujeous, John Legend