Marketplace Morning Report for Wednesday October 29, 2014
Oct 29, 2014

Marketplace Morning Report for Wednesday October 29, 2014

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The unmanned rocket that exploded soon after take off from Virginia last evening was built and launched not by NASA but a publicly traded private company called Orbital Sciences Corporation. There were no human casualties after the 14-story Antares rocket somehow failed and collapsed back onto the launchpad in a fireball. It was carrying more than five thousand pounds of cargo destined for the International Space Station. We take a look at the shift of the space program toward the private sector. And Southern California's huge port has been making headlines amid congestion and shipping delays. But ports all over the world are also running into the challenge of megaships. Some container vessels are now three and a half football fields long, and they're overwhelming ports. More on that. Plus, you've heard of so-called Super foods, but the beauty industry has its own stuff advertised as "super." A hot seller now is Moroccan hair oil. $41 for 3.4 ounces. More on why it costs so much.

 

Segments From this episode

Good news for college seniors. Sorry, 2009 grads.

Oct 29, 2014
Those who graduated in down years don't benefit as much when the economy recovers.

Why hair oil from Morocco costs a small fortune

Oct 29, 2014
Used to be we wanted to remove any trace of oil from our bodies. Not anymore.

Giant container ships make port facilities obsolete

Oct 29, 2014
The huge ships came into use far faster than ports expected.

PODCAST: A car-sized smartphone

Oct 29, 2014
The end of stimulus, more jobs for new grads, and cars get smarter.

The unmanned rocket that exploded soon after take off from Virginia last evening was built and launched not by NASA but a publicly traded private company called Orbital Sciences Corporation. There were no human casualties after the 14-story Antares rocket somehow failed and collapsed back onto the launchpad in a fireball. It was carrying more than five thousand pounds of cargo destined for the International Space Station. We take a look at the shift of the space program toward the private sector. And Southern California’s huge port has been making headlines amid congestion and shipping delays. But ports all over the world are also running into the challenge of megaships. Some container vessels are now three and a half football fields long, and they’re overwhelming ports. More on that. Plus, you’ve heard of so-called Super foods, but the beauty industry has its own stuff advertised as “super.” A hot seller now is Moroccan hair oil. $41 for 3.4 ounces. More on why it costs so much.

 

The team

Stephen Ryan Producer, BBC