Marketplace®

Daily business news and economic stories

Olie D'Albertanson

Latest from Olie D'Albertanson

  • From the BBC World Service: The boss of Netflix is in South Korea – a country that’s produced some of its biggest shows. But is Netflix’s multibillion dollar investment in the country supporting, or hindering, the local media landscape? Plus, lower-income nations have long argued they deserve help because they face the greatest risks from climate change – can they strike a financing deal at a major international meeting in Paris this week? And, how an “anti-bleeding” fabric coated with an extract taken from shrimps is being used to treat injuries in Ukrainian war zones.

    Read MoreDownload
  • Justice Alito disputes ethical questions concerning gift disclosure
    Chip Somodevilla/Getty Images

    ProPublica reported Justice Samuel Alito took a luxury fishing trip paid for by a billionaire hedge fund manager and didn’t recuse himself from related cases. Could this bolster efforts in Congress to pass stricter ethical guidelines for the Supreme Court? Plus, businesses in Lebanon demand a switch to the dollar.

    Read MoreDownload
  • In small-town Minnesota, lessons for a tight labor market
    Getty Images

    Companies in rural areas like northern Minnesota have been dealing with small labor pools for years. Could they have insight into how management and workers can handle the post-pandemic tight labor market? Plus, as the U.S. continues the will-they-or-won’t-they recession game, some countries are already there.

    Read MoreDownload
  • It’s time to talk tech as India PM Modi heads to Washington
    Roberto Schmidt/AFP/Getty Images

    From the BBC World Services: What will constitute a successful trip to Washington for India’s Prime Minister Narendra Modi? The BBC’s Nikhil Inamdar explains. Plus, Saadia Zahidi, Managing Director of the World Economic Forum, explains how AI could negatively impact gender equality. And finally, Hannah McCarthy reports from Lebanon where businesses are increasingly demanding to be paid in dollars.

    Read MoreDownload
  • What if we had something like the Federal Reserve for AI?
    Lionel Bonaventure/AFP via Getty Images

    What we’re talking about here is using the structure of something like a central bank to govern artificial intelligence. In other words, when a financial crisis hits, central banks all over the world see things similarly and act accordingly based on shared expertise. Is that type of structure one way we could start to regulate artificial intelligence to avoid the bad and keep the good that might come with the technology? Plus, word today that Hyundai of South Korea is making a big investment in electric vehicles. It plans to increase EV production at its factories in the U.S. and develop new batteries.

    Read MoreDownload
  • The so-called “Great Resignation” goes global
    Getty Images

    A survey of workers in 46 countries finds about 25% of them plan to change jobs within a year, and nearly half plan to ask for an increase in pay. The survey, from accounting and consulting firm PwC, finds the number of people planning to quit has risen compared to last year. Plus, the Chinese tech giant Alibaba is reshuffling leadership. And, how a decline in support for the Black Lives Matter movement is showing up in corporate America.

    Read MoreDownload
  • Europe brings business closer to home
    sinopics/Getty Images

    From the BBC World Service: Some U.S. companies have moved parts of their organization to Mexico due to Russia’s war on Ukraine and tensions with China. Now, Europe is following suit as it witnesses an increase in so-called near-shoring. We hear from Tim Creighton, who is head of logistics and industrial at Cushman and Wakefield. Also, the BBC’s Beth Timmins tells us that the U.K. government is trying to ensure that money gathered from Russian sanctions will be used to help rebuild Ukraine. And finally, the BBC’s Nasser Hanif reports on Pakistan’s government, which is waiting to see if its new budget will convince the International Monetary Fund to give it a desperately needed loan.

    Read MoreDownload
  • All eyes on Beijing’s ties with U.S., Europe
    Leah Mills/Pool/AFP via Getty Images

    Relations between Beijing and the West are in focus this morning with U.S. Secretary of State Antony Blinken meeting China’s leader Xi Jinping, who said there was progress in mending strained relations. And Europe is watching all of this. After reports of multiple Chinese crackdowns on Western businesses, some European firms are rethinking their operations in China. Also on the show today: Garrison Hayes, author of “A Kids Book About Juneteenth.” Hayes tells us more about why he decided to write this book.

    Read MoreDownload
  • When will all states recognize Juneteenth as a public holiday?
    Nathan Howard/Getty Images

    Juneteenth became a federal holiday two years ago. But about half the states in the country have yet to adopt it as an official state holiday. Efforts to change that are ongoing. Plus, the latest from U.S. Secretary of State Antony Blinken’s trip to China. He’s meeting with China’s leader Xi Jinping. And, in Argentina, workers have been on strike for weeks, demanding higher wages to keep up with soaring inflation, which is running at more than 100%.

    Read MoreDownload
  • Is Italy’s relationship with China hitting the skids?
    Getty Images

    From the BBC World Service: Italy is the latest country to try to limit the influence of China in its businesses. The government is restricting the Chinese state-owned company Sinochem from taking control of the tire-maker Pirelli, as the BBC’s Mariko Oi explains. Plus, BBC business correspondent Theo Leggett joins us from Paris at the world’s biggest air show. And, the BBC’s Valley Fontaine reports on strikes in Argentina, where inflation is out of control.

    Read MoreDownload
Olie D'Albertanson