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Jan 16, 2017

01/16/2017: A $50 billion eyewear merger

Eyewear maker Luxottica — known for its Ray-Ban shades — is merging with lens maker Essilor to create a company worth $50 billion. We’ll explore the future of the eyewear market and explain why a deal between these two types of companies is so unusual. Next, we’ll talk about Amazon’s job growth plans, and then look at how Los Angeles plans to allocate $1.2 billion of funds dedicated to the homeless.

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Segments From This Episode

Los Angeles plans for spending $1.2 billion to help homeless
by Marketplace Contributor
Carla Green
Priority for much of the housing money will go to people who’ve been on the streets for a long time, with no respite. But some think more of the money should go to help homeless families.
Amazon to add 100,000 jobs as companies increasingly outsource fulfillment operations
by Adam Allington
Amazon has announced plans to add more than 100,000 full-time jobs over the next 18 months. The news comes as U.S. companies try to burnish their credentials as a job-creator — a priority of the incoming Trump administration. Amazon’s growth isn’t a complete surprise, however, for a company expanding into so many different product categories. […]
University food pantries aim to provide food assistance to students
by Marketplace Contributor
Jennie Cecil Moore
The College and University Food Bank Alliance fights student hunger. Since 2014, its membership has doubled, with almost 400 campuses participating.
Davos opens as worries over free trade’s future mount
Business and political leaders descend on the Swiss Alpine resort of Davos this week for the latest annual World Economic Forum. They do so against a backdrop of rising populism, and opposition to some of things that Davos has promoted, like globalization. Some critics have attacked the event itself as elitist and blamed it for […]
Days off to volunteer is an increasingly attractive benefit for workers
by Erika Beras
MLK Day has become a day of service for many. Those that are off may take the time to volunteer. For others, their employers may provide a day for annual volunteering, a benefit that is especially attractive to younger workers. Click the above audio player to hear the full story.
01/16/17: Why are investors punishing the pound?
The British pound's sizable fall on Monday; pushback against the World Economic Forum; and the rise of food insecurity on college campuses.

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01/16/2017: A $50 billion eyewear merger

Subscribe:

Segments From This Episode

Los Angeles plans for spending $1.2 billion to help homeless

Amazon to add 100,000 jobs as companies increasingly outsource fulfillment operations

University food pantries aim to provide food assistance to students

Davos opens as worries over free trade’s future mount

Days off to volunteer is an increasingly attractive benefit for workers

01/16/17: Why are investors punishing the pound?