Jan 17, 2018

01/17/2018: What’s a "contribution" to the economy look like?

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You can add a certain device maker from Cupertino, California, to the list of companies crediting the new tax law for new strategic business decisions. Apple announced today it would bring profits back from overseas and add a bunch of…

Segments From this episode

With California Freeway damaged by mudslides, commuters find alternatives

Jan 17, 2018
California commuters are relying on whale watching ferries and Amtrack to get to work while the 101 Freeway is under repair.
The Amtrak Pacific Surfliner is operating more (and longer) commuter trains along the Santa Barbara-Ventura coast while the 101 Freeway and other major roadways are closed off due to storm and mudslide damage.  
Steven Cuevas/ for Marketplace

What's behind the global rally?

Jan 17, 2018
Economists say cheap interest rates are one factor.
Economists are split on whether Donald Trump's presidency is behind the boom in the economies and stock markets of Europe, China and Japan.
SAUL LOEB/AFP/Getty Images

Apple plans to repatriate its overseas cash

Jan 17, 2018
The world's most valuable company plans to contribute $350 billion to the U.S. economy over five years.

You can add a certain device maker from Cupertino, California, to the list of companies crediting the new tax law for new strategic business decisions. Apple announced today it would bring profits back from overseas and add a bunch of new jobs in the next five years. We’ll kick off the show today by talking about what it all means. Then: President Donald Trump likes to take credit for gains in the stock market over the past year, but it’s worth noting that economies and markets in Europe, China and Japan are booming, too. We’ll look at the full picture. Plus, a conversation with BlackRock CEO Larry Fink. He just wrote an open letter to CEOs telling them to think not just about profits but about making a positive contribution to society.

Music from the episode

C.R.E.A.M. Wu-Tang Clan
Big Ego's Dr. Dre, Hittman
Sunshine Atmosphere
Shut Up and Let Me Go The Ting Tings
Escapee Architecture In Helsinki