Dec 8, 2016

Marketplace Morning Report for Thursday, December 8, 2016

PIERRE VERDY/AFP/Getty Images

Trump has chosen Oklahoma's attorney general, Scott Pruitt, as the new director of the Environmental Protection Agency. Pruitt is a friend of the fossil fuel industry and a skeptic about human-caused climate change. We take a look at his background in Oklahoma. Plus, we'll interview Starbucks' outgoing CEO, Howard Schultz, about the company's shift in power and its pursuit of the high-end coffee market.

Segments From this episode

Starbucks CEO Howard Schultz on handing over the reins and creating the 'Willy Wonka' of coffee

by David Brancaccio

Dec 8, 2016

Schultz joined us to talk about Starbucks' high-end coffee pursuits, the incoming CEO, and whether he wants to get involved in politics.

Starbucks Chairman and CEO Howard Schultz speaks during the company's annual shareholders meeting last year in Seattle, Washington.

Stephen Brashear/Getty Images

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Sears struggles with losses, executive departures

by Amy Scott

Dec 8, 2016

Sears Holdings is expected to report its latest quarterly earnings before the markets open on Thursday. And expectations are low. The owner of Sears and Kmart stores has lost more than $8 billion in the last five years, as it has struggled to compete with the likes of Amazon and Wal-Mart. Sears has lost two […]

Joe Raedle/Getty Images

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Incoming Starbucks CEO Kevin Johnson: We've always been a destination

by David Brancaccio

Dec 8, 2016

Our interview with Johnson on Starbucks' recent tech deals, how the company is doing, and his relationship with CEO Howard Schultz.

Starbucks COO Kevin Johnson speaks during the Starbucks annual shareholders meeting on March 23, 2016 in Seattle, Washington.

Stephen Brashear/Getty Images

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Mid-day Update

Sears' sales are down for the 20th quarter in a row

by David Brancaccio

Dec 8, 2016

Our chat with incoming Starbucks CEO Kevin Johnson, the European Central Bank, U.S. manufacturers, and Sears' sales decline.

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Trump has chosen Oklahoma’s attorney general, Scott Pruitt, as the new director of the Environmental Protection Agency. Pruitt is a friend of the fossil fuel industry and a skeptic about human-caused climate change. We take a look at his background in Oklahoma. Plus, we’ll interview Starbucks’ outgoing CEO, Howard Schultz, about the company’s shift in power and its pursuit of the high-end coffee market.