Marketplace Morning Report for Wednesday, April 1, 2015
Apr 1, 2015

Marketplace Morning Report for Wednesday, April 1, 2015

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Airing on Wednesday, April 1, 2015: Web hosting company GoDaddy is going public today. Shares in the company are expected to start trading this morning, after pricing its initial public offering overnight. More on that. Plus, Seattle is front and center in the minimum wage debate in the nation and today as the first phase of the city’s minimum wage plan goes into effect with a $11 an hour rate for all minimum wage workers. This will increase to $15 for all workers over the next few years but at least one iconic local restaurant chain, Ivars, is jumping ahead to the final phase straight away. We explore. And we mentioned earlier this week that there's so much oil being pumped right now that we may be running out of space to put it all. And that situation might get worse if Iran is allowed to start pumping its oil into the market. That's doing a couple of things: it's making oil prices fall, and it's increasing the price of storage. And that could create an opportunity for oil traders. Marketplace's Paddy Hirsch joins us to explain.

 

Segments From this episode

Dayton bucks a population decline

Apr 1, 2015
Welcoming immigrants has helped Dayton reverse its economic prospects.

Restaurant raises prices and pay, and ends tipping

Apr 1, 2015
As Seattle's minimum wage starts a gradual rise, Ivar's takes a radical path.

Calls for action against mental health discrimination

Apr 1, 2015
A new report says health insurance plans still discriminate against mentally ill.

PODCAST: Reverse brain drain in Dayton Ohio

Apr 1, 2015
Voting in Nigeria, and Dayton, OH bucks the trend.

Airing on Wednesday, April 1, 2015: Web hosting company GoDaddy is going public today. Shares in the company are expected to start trading this morning, after pricing its initial public offering overnight. More on that. Plus, Seattle is front and center in the minimum wage debate in the nation and today as the first phase of the city’s minimum wage plan goes into effect with a $11 an hour rate for all minimum wage workers. This will increase to $15 for all workers over the next few years but at least one iconic local restaurant chain, Ivars, is jumping ahead to the final phase straight away. We explore. And we mentioned earlier this week that there’s so much oil being pumped right now that we may be running out of space to put it all. And that situation might get worse if Iran is allowed to start pumping its oil into the market. That’s doing a couple of things: it’s making oil prices fall, and it’s increasing the price of storage. And that could create an opportunity for oil traders. Marketplace’s Paddy Hirsch joins us to explain.

 

The team

Stephen Ryan Producer, BBC