Marketplace Morning Report Stories

Verizon is expected to close on its $4.4 billion acquisition of Yahoo today after nearly a year of negotiations. Verizon will combine Yahoo with its property AOL to create Oath, the largest digital media company in the United States, with more visitors than Google. Will Oath have a chance to compete with Google and Facebook […]

Marketing decisions seem to be getting a lot more polarized these days. Bank of America and Delta have pulled their sponsorship from New York's Public Theater because its Julius Caesar resembles Donald Trump, while JP Morgan Chase is pulling its ads from NBC because Megyn Kelly is interviewing a right-wing conspiracy theorist named Alex Jones. On today's show, we'll dig into the growing politicization of advertising. Afterwards, we'll look at Verizon's decision to combine Yahoo with AOL to create the new brand Oath, and then discuss how some baseball players are shocking their brains with electricity to improve their performance.

Children’s clothing chain Gymboree announced Sunday it’s filing for Chapter 11 bankruptcy. The retailer will close about 400 of its 1,300 stores and restructure debt in a bid to stay alive. Gymboree views its troubles as part of the larger challenges facing the retail industry as customers move their business online, but some of its […]

The CEO of General Electric, Jeffrey Immelt, is stepping down after 16 years. On today's show, we'll give a brief recap of the big changes he made at GE during his tenure. Next, we'll talk about the Fed's plans for interest rate hikes for the rest of the year. Then, we'll examine pushback against proposed housing for the homeless in some Los Angeles County neighborhoods.

Credit card defaults are rising as lending standards have started to fall from the early post-recession days — that’s according to a new report by the credit rating agency Moody’s. The report shows even with unemployment at low levels, those charge-offs have increased significantly for some U.S. lenders, exceeding expectations of a modest rise.   […]

Qatar is promising not to surrender in the face of sanctions imposed on it last week. Saudi Arabia, the United Arab Emirates, Egypt and Bahrain halted land, air and sea traffic to Qatar and blacklisted several Qatari-linked organizations and individuals. They accuse the small oil-rich nation of supporting the Muslim Brotherhood and other groups they […]