Marketplace Morning Report for Wednesday, June 10, 2015
Jun 10, 2015

Marketplace Morning Report for Wednesday, June 10, 2015

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Airing on Wednesday, June 9, 2015: Senior law enforcement officials from New York and Connecticut are looking into whether Apple's new music streaming service might have been built on deals that quash competition. More on that. And speaking of Apple streaming music, the service means yet another player in an arena crowded with companies looking for audiences’ attention and artists’ music. Audiences get lots of choices. What do musicians get? We look at the self-promotional benefits and financial drawbacks of streaming music. Plus, lots of low-wage employees work long hours without extra pay because they’ve been classified as managers, and federal rules exempt managers from overtime if they’re paid more than $23,660 a year — a number that was set in 1975. The Labor Department is considering a rule that would raise the exempt level to as much as $52,000, restoring overtime to millions of workers. 

Segments From this episode

How streaming is changing the music industry

Jun 10, 2015
For musicians, getting heard is the easy part; getting paid is much harder.

Why Etsy's stock has fallen by half in two months

Jun 10, 2015
...and why a box full of Etsy goods may be to blame.

Labor Department may extend overtime to more workers

Jun 10, 2015
The change would mean workers with higher salaries are eligible for overtime.

Who pays for hospitals' high prices?

Jun 10, 2015
A new study sheds light on how hospitals make their money.

PODCAST: Hospital billing

Jun 10, 2015
The German economy, hospital billing, and Etsy's stock woes.

Airing on Wednesday, June 9, 2015: Senior law enforcement officials from New York and Connecticut are looking into whether Apple’s new music streaming service might have been built on deals that quash competition. More on that. And speaking of Apple streaming music, the service means yet another player in an arena crowded with companies looking for audiences’ attention and artists’ music. Audiences get lots of choices. What do musicians get? We look at the self-promotional benefits and financial drawbacks of streaming music. Plus, lots of low-wage employees work long hours without extra pay because they’ve been classified as managers, and federal rules exempt managers from overtime if they’re paid more than $23,660 a year — a number that was set in 1975. The Labor Department is considering a rule that would raise the exempt level to as much as $52,000, restoring overtime to millions of workers. 

The team

Stephen Ryan Producer, BBC