Marketplace for Wednesday July 16, 2014
Jul 16, 2014

Marketplace for Wednesday July 16, 2014

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Apple and IBM have reached an agreement to produce software applications exclusively for iPads and iPhones. But will the biggest impact be on the companies that are not part of the deal? Also, Rupert Murdoch’s reported offer of $80 billion has been turned down by Time Warner. We explain what’s behind the offer. And after, we revisit the California drought, which is expected cost California agriculture a couple billion dollars this year. But it’s far from a disaster. Here and in drought areas like the Ogallala Aquifer, farmers’ unregulated access to underground reservoirs is tapping out a resource that can’t be replaced.

Segments From this episode

Hello (again) McMansions

Jun 16, 2014
The average size of a new house is above pre-recession levels.

In China, the polluter 'that-must-not-be-named'

Jul 15, 2014
China's crackdown on criticism of a $6 billion petrochemical plant.

Why Murdoch wants Time Warner: leverage

Jul 16, 2014
Time Warner turned down Rupert Murdoch's reported $80 billion offer. He'll be back.

Apple-IBM deal shakes up workplace tech

Jul 16, 2014
The former rivals' alliance could undermine competitors like Google and Blackberry.

Dallas Fed Chair: Time to lose monetary "beer goggles"

Jul 16, 2014
Chairman Richard W. Fisher says the nation's monetary policy needs to sober up.

Pardon my (economic) language

Jul 16, 2014
Here's a new economic indicator for you: The frequency of CEO profanity.

California farms pumping water to make up for drought

Jul 16, 2014
Farmers face stark cutbacks in irrigation water but are pumping their own

Apple and IBM have reached an agreement to produce software applications exclusively for iPads and iPhones. But will the biggest impact be on the companies that are not part of the deal? Also, Rupert Murdoch’s reported offer of $80 billion has been turned down by Time Warner. We explain what’s behind the offer. And after, we revisit the California drought, which is expected cost California agriculture a couple billion dollars this year. But it’s far from a disaster. Here and in drought areas like the Ogallala Aquifer, farmers’ unregulated access to underground reservoirs is tapping out a resource that can’t be replaced.

Music from the episode