Marketplace Morning Report for Monday August 18, 2014
Aug 18, 2014

Marketplace Morning Report for Monday August 18, 2014

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The California legislature is debating a bill that would make it harder for franchise companies to cancel contracts with their franchisees. The idea of strengthening individual franchise holders is supported by labor, which thinks it will empower franchise holders to make their own improvements to pay scales. Plus, when the Clippers deal is done, what has been accomplished? The NBA has a $2 billion valuation for a franchise, it has another billionaire owner, the Sterlings each take away $1 billion.

Segments From this episode

The emotional and economic toll on Ferguson, Missouri

Aug 18, 2014
Unrest surrounding the death of Michael Brown highlights an economic disparity.
Demonstrations in downtown Ferguson in a parking lot across from the Ferguson, Missouri Police Station.
Noel King/Lindsay Thomas

Owners of franchises may get more control

Aug 18, 2014
California may make it harder for companies to break with franchise owners.

A big day for the Clippers and the NBA

Aug 18, 2014
The $2 billion deal benefits most everyone involved. #Win.

PODCAST: Freeing franchises from their companies

Aug 18, 2014
The Fed heads to Wyoming, California liberates franchises, and the $2 billion Clippers deal.

The California legislature is debating a bill that would make it harder for franchise companies to cancel contracts with their franchisees. The idea of strengthening individual franchise holders is supported by labor, which thinks it will empower franchise holders to make their own improvements to pay scales. Plus, when the Clippers deal is done, what has been accomplished? The NBA has a $2 billion valuation for a franchise, it has another billionaire owner, the Sterlings each take away $1 billion.

The team

Stephen Ryan Producer, BBC