Marketplace Morning Report for Monday, April 20, 2015
Apr 20, 2015

Marketplace Morning Report for Monday, April 20, 2015

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Airing on Monday, April 20, 2015: The stimulus in China today takes this form—banks will need to have less money in reserve when they lend. This will have the effect of letting banks lend perhaps hundreds of billions of dollars worth of new loans. More on that. Next, the NBA plans a basketball clinic in Cuba later this month. The league isn't looking for Cubans who can play professional basketball—it's looking for fans. Plus, years ago, under another name, the shop at 2900 West 87th Street, on Chicago's South Side, was a convenience store, which happened to sell lottery tickets. Then, Mr. Chan Park took over and turned it into Lucky Mart- a kind of Lottery Tickets 'R' Us. Park sold more than $5 million worth of tickets last year. 

Segments From this episode

Good times are rolling at investment banks

Apr 20, 2015
Considered in decline, now investment banking is enjoying growing profits.

Why NBA is first U.S. pro league to go to Cuba

Apr 20, 2015
The NBA plans a basketball clinic in Cuba for later this month.

This store sold $5 million in lottery tickets last year

Apr 20, 2015
Lucky Mart barely sells anything else.

Hasbro's new princesses, and growth strategy

Apr 20, 2015
Hasbro has long been known for brands like Nerf and G.I. Joe.

PODCAST: Basketball heads to Cuba

Apr 20, 2015
China's economy, the NBA in Cuba, and a developing story about a ship carrying hundreds of migrant workers.

Airing on Monday, April 20, 2015: The stimulus in China today takes this form—banks will need to have less money in reserve when they lend. This will have the effect of letting banks lend perhaps hundreds of billions of dollars worth of new loans. More on that. Next, the NBA plans a basketball clinic in Cuba later this month. The league isn’t looking for Cubans who can play professional basketball—it’s looking for fans. Plus, years ago, under another name, the shop at 2900 West 87th Street, on Chicago’s South Side, was a convenience store, which happened to sell lottery tickets. Then, Mr. Chan Park took over and turned it into Lucky Mart- a kind of Lottery Tickets ‘R’ Us. Park sold more than $5 million worth of tickets last year. 

The team

Stephen Ryan Producer, BBC