Google sends mixed signals amid ad revenue slump

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Google's parent company, Alphabet, reported higher-than-expected profits yesterday, leading to a big stock buyback being authorized by CEO Sundar Pichai. However, that's a seemingly contradictory move to the extreme cost-cutting measures the company announced this year in response to a slowdown in ad revenue, including layoffs of over 12,000 employees. Plus, a look at how the airline industry is doing amid widespread delays and flight cancellations. And, why fire insurance is increasingly hard to come by for companies that conduct controlled burns to prevent wildfires.
Music from the episode
Hopes and Dreams Anamanaguchi
The team
David Brancaccio
Host
Leanna Byrne
Host, BBC
Kelly Silvera
Executive Producer
Meredith Garretson
Senior Producer
Erika Soderstrom
Producer
Alex Schroeder
Producer
Ariana Rosas
Producer/Director
Jarrett Dang
Digital Producer
Jesson Duller
Media Producer
Nick Esposito
Media Producer
James Graham
Producer, BBC
Jo Critcher
Producer, BBC
Olie D'Albertanson
Producer, BBC