Aug 2, 2017

08/02/2017: The Yelp-minimum wage connection

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While U.S. Senators are piling out of Washington for their postponed summer recess, there's still work to be done for some Capitol Hill staffers on tax reform. On today's show, we'll take a look at some of the numbers that could be tossed around. Afterwards, we'll discuss reports that the Trump administration may sue some colleges and universities over what they see as "reverse discrimination." Then, we'll look at how Yelp ratings may predict how a restaurant does after it undergoes a minimum wage increase.

Segments From this episode

Yelp ratings may be predictor of how restaurants fare after a minimum wage increase

Aug 2, 2017
What determines whether a restaurant stays open after a minimum wage hike? New research suggests it could be customer satisfaction levels, as measured by Yelp.
Research would suggest Calafia, a restaurant in Palo Alto with 3.5 Yelp Stars, is feeling the pinch of a higher minimum wage.
Peter Maroulis/for Marketplace

Why pharma companies are bowing out of generics

Aug 2, 2017
Many generic drugs have become so cheap, they have pencil-thin profit margins.
KAREN BLEIER/AFP/Getty Images

Do you want a deal with that? Groupon and Grubhub are teaming up

Aug 2, 2017
The e-marketing website Groupon has announced it’s partnering with food delivery service Grubhub. The move means it can now target deals to a whole new customer base. What will this mean for the quickly growing food delivery industry? Click the audio player above to hear the full story. Stories You Might Like 10/24/2017: The time […]

08/02/2017: Generic drugs may be getting harder to find

Aug 2, 2017
In early trading, the Dow Jones crossed 22,000 for the first time. Despite all of the negative headlines coming out of Washington, the stock market continues to perform well. Susan Schmidt from Westwood explains what's fueling investors' optimism. Afterwards, we'll look at why pharmaceutical companies are starting to abandon generic drugs.

While U.S. Senators are piling out of Washington for their postponed summer recess, there’s still work to be done for some Capitol Hill staffers on tax reform. On today’s show, we’ll take a look at some of the numbers that could be tossed around. Afterwards, we’ll discuss reports that the Trump administration may sue some colleges and universities over what they see as “reverse discrimination.” Then, we’ll look at how Yelp ratings may predict how a restaurant does after it undergoes a minimum wage increase.

The team

Stephen Ryan Producer, BBC