Week of May 12th, 2014

College presidents are said to earn their paychecks by bringing in lots of money.

A series of recent lawsuits against employers offering unpaid internships have changed the rules of the game.

We reach our highest level of embarrassment at a pretty young age in life.

David Lazarus tells us a story of one woman's unidentifiable credit card charges.

Bonds, inflation, housing: we review this week in the economy

How do stores end up atop a list of sales per square foot of U.S. retailers?

Darden is giving up Red Lobster and keeping Olive Garden.

Deutsche Bank warns traders to stop being ‘boastful, indiscreet and vulgar.’

This weekend on Marketplace Money, guest host Barbara Bogaev and LA Times consumer finance columnist David Lazarus talk about how to recognize fraudulent charges on your credit card and what safeguards are in place to catch them. Then, Jill Schlesinger stops by to help answer listener’s financial questions. Marketplace Morning Report host David Brancaccio previews his trip to London for Marketplace’s “Mind the Gap” series, exploring income inequality overseas. Darren Dahl, professor of Marketing and Behavioral Science at the University of British Columbia’s Sauder School of Business, joins Marketplace Money to discuss his findings that people are more likely to buy luxury goods from a snobby salesperson. Rachel Feintzeig, reporter for the Wall Street Journal, discusses the push to end the practice of unpaid internships. Finally, Kristin Wong, personal finance writer with the Lifehacker blog ‘Two Cents’ talks to Barbara Bogaev about how to reduce your food budget and get spending under control.

The co-head of Deutsche Bank told his traders to stop being ‘boastful, indiscreet and vulgar’. An interesting admission – but is it a realistic demand? Or is he really just asking them to take it offline? Plus, if you had Red Lobster on one side of the street and Olive Garden on the other, which one would you choose? And if you owned both those casual-dining chains, which would you choose to keep? Darden has decided to sell Red Lobster and revamp their Olive Garden franchise. We investigate. Also, a recent review of sales per square foot of U.S. retailers found Apple at the top of the list. Makes sense given how pricey its items tend to be. Ditto with Tiffany, which came in at No. 3. But what about the Murphy gas station chain, which came in second place? We look at how these stores ended up atop this list, and what show-rooming and online sales have meant for this kind of ranking.

In India, Narendra Modi claims victory as the country's next prime minister.

Here's what's coming up for the week of May 19, 2014.

Brick-and-mortar retailers are eyeing the growing online market.

The tenth anniversary of same-sex marriage in America.

Some corporations have a legal status that formalizes their social goals.

Gas prices are leveling off. A new rail line in London. TV's upfronts.

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Customers are more likely to buy luxury goods from rude, snooty, or aloof salespeople.

Meal planning and reducing food waste are the biggest steps toward getting your grocery budget under control.

A new study finds a pattern as to the poorest are receiving fewer benefits.

If consumers decide to avoid excessively costly procedures, that helps insurers.

Some of the country’s biggest insurers are getting together to open the black box on healthcare pricing. In 2015, they’ll launch an online portal that will give consumers price and quality info on medical services. The idea is to promote comparison shopping. We look at how it will work, and whether pricing info actually has anything to do with price. Plus, after a steady rise since February, gas prices are leveling off. But It’s the time of year when gas usually gets more expensive. What influences the price at the pump, and what can we expect to see in the summer months?

Gas prices are finally leveling off. What influences the price at the pump?

A new rail line being built in London is Europe's biggest construction project.

Nilay Patel, managing editor of Vox, explains what the fast lane is and why it’s like the TSA’s pre-check option. Plus, it’s time for Silicon Tally, our weekly quiz on the week in tech. This time around, we’re joined by Terry Bush, a Marketplace Tech listener from South Bend, Indiana

Check out what's ahead in our report from across the Atlantic.

How well have you kept up on this week's tech news?

And why you can't measure the office environment in a vacuum free of gender.

For "the love of firearms, computing and investing."

As FCC debates net neutrality, remember: Netflix already pays for its bandwidth.

The starting point of the F.C.C.’s current rule-making is the apparent need for rules. And a starting point for that is Netflix alone comprising more than a third of all internet traffic because of streaming video. What’s the effect on the system from giant users like Netflix and YouTube? Plus, the NCAA announced its plans to penalize more than 30 colleges for poor academic performance by their scholarship athletes. All are relatively small institutions, none in the wealthy power conference, and many are historically black colleges. We look at how the how the NCAA’s academic support for athletes works. Also, Jill Abramson was let go yesterday as the executive editor for the New Yor Times. But before she was dismissed, her bosses brought in an executive coach to work with her. Executive coaches have become something of a fixture in companies, but do women have different issues to men?

The NCAA is penalizing more than 30 college teams for poor academic performance. None are in the power conferences for football or basketball.

The translator of "Capital in the Twenty-First Century" is something of a star.

Fighting continues in Afghanistan.

An oil boom in southeast New Mexico created thousands of new jobs. But it's a burden on things like housing, classrooms and roads.

It's not just the art, it's the spectacle and the production surrounding it.

Shutterfly's email list reveals the industry of marketing to expectant parents.

Fast food workers across more than 30 countries protest for better wages. And small-scale entrepreneurs are taking aim at that urban ritual of waiting for the bus.

Marketplace Datebook for Friday, May 16, 2014

The push for raising fast food worker wages has gone global.

The Navy is giving submarine crews very expensive tablets that let sailors read pre-loaded books.

Retailers are paying higher food prices but passing them on to shoppers is a risk

Food prices are rising but shoppers have settled into a recessionary habit of frugality and are unwilling to pay more for food. How do retailers, stuck between higher prices from their suppliers and a frugal client base, fix their pricing strategy? What other tools are at their disposal in the hunt for profits? Plus, the Navy is providing members of submarine crews with very expensive tablets that do little but let you read pre-loaded books. On a submarine, with little room for a library, not a bad idea maybe.

Jitney buses offer bargains and convenience in New Jersey cities, but not without costs.

What is the FCC's open Internet battle, exactly?

The Federal Communications Commission’s big day is here. The FCC votes on new rules for how Internet Service Providers deal with streaming media. These new rules, proposed by FCC chairman Tom Wheeler, leave open the possibility of “fast lane” deals, where companies could pay for their content to be delivered faster than others. And there’s news that submarine crews in this arm of the American military will be getting some new gadgets: E-readers. Definitely more compact than old school books, but at $3,000 a pop they’re not cheap. Are they a good idea?

Some argue that the internet "fast lane" is coming, FCC regulation or not.

The entry fee to a memorial often stems from federal funding — or lack thereof.

Marketplace's David Brancaccio has asked this question before.

Thought online retail would've killed off catalogs by now? Not so fast.

There's enough to make you wonder if it's the new "addicted to foreign oil".

There are more than 600 ACOs up and running across the country.

One insurer sues Chicago, saying the city could have prevented flood damage from a predicted downpour.

An insurance company’s suit against Chicago’s wastewater management system may be a harbinger of insurers forcing institutions and businesses to consider the effects of climate change. Plus, President Obama speaks today about the “need a 21st century transportation infrastructure” today, near New York’s Tappan Zee Bridge. Earlier this year, the transportation secretary did a Midwestern tour to tout infrastructure needs. It’s clear infrastructure is a political crutch these days, but that masks just how bad the nation’s infrastructure problems are. Also, we seem to be having a privilege moment. An essay on “check your privilege” written by a Princeton student has grabbed the national attention, to the point where the Kennedy School of Government will mandate first year students take a class on power and privilege. What’s going on?

Another total economic crash is all but inevitable. Here's what you can do.

There’s money to be made from flipping houses, and in selling things to flippers.

U.S. clean tech is finding big opportunities cleaning up China's environment.

New research suggests senses play a major role in decision making.

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Cisco makes a move into the "Internet of Things." And, Fannie and Freddie start paying back the American taxpayer.

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White House warns 700,000 infrastructure jobs could be lost. What's that include?

Marketplace Datebook for Thursday, May 14, 2014

A look at Cisco's changing business model as it shifts to the cloud.

The industry's trying to attract the next generation of workers.

The EU ruling on Google will be of great interest to privacy advocates in the U.S. Will Google and other search providers be forced to apply a uniform standard across the globe? Also, a look at Cisco’s changing business model as it shifts to the cloud and invests in “The Internet of Things.”

The Federal Communications Commission will vote on new open internet rules. We’ve been talking about these new rules for a few weeks now, and how they seem to leave open a door for companies to pay for fast lane deals. This of course undermines the idea of net neutrality, which says that all content should be delivered with equal speed, and some people are very worried about how this particular season of power struggles might play out. Count among them Democratic Sen. Al Franken of Minnesota.

The Democrat says an internet "fast lane" violates the first amendment.

Chinese police took unprecedented step of charging a foreign executive of bribery.

Sitting here early in May, you'd just think there'd be… more, you know?

In the cable TV and broadband business, a timeline littered with mergers.

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Not the hottest lunch date on the market.