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Jun 12, 2017

06/12/2017: Et tu, Delta?

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In this summer's Shakespeare in the Park, the titular character in "Julius Caesar" is distinctly Trumpy. Of course — 400-year-old spoiler alert! — he's assassinated, and outcry from the right caused Delta and Bank of America pull their support. The theater is the latest in a growing series of political minefields for brand-sensitive companies. We'll look at how companies are trying to find their way and what it means for entertainment. Plus, it's been a tough start to the week for America's highest-profile CEOs, with GE's Jeff Immelt being shown the door and Uber's Travis Kalanick facing a possible leave of absence amid personal tragedy and a new report of dysfunctional corporate culture. Then: New York City is adding a new area code, and the after-market for the old 212 is booming.

Segments From this episode

Erie worries its natural beauty — and tourism — will suffer under budget cuts

Jun 12, 2017
Federal funds help fight beach erosion, protecting an industry that draws $1 billion a year from visitors.
Matt Greene, director of operations at Presque Isle State Park, said government funds help fight beach erosion that uproots trees.
Erika Beras

Want a 212 area code? It's gonna cost you.

Jun 12, 2017
As New York City adds a new number, the after-market 212 is thriving.
 (L to R) Sameer Uddin and Michelle Macias use their smartphones outside of the Nintendo store in New York City. 
Drew Angerer/Getty Images

Why Uber may not be ready to part with Travis Kalanick

Jun 12, 2017
If a company is made in its founder's image, then it's tough to cut the founder out.
Despite scandal after scandal, there may still be investors who consider Kalanick's personality crucial to Uber's success.
TOBIAS HASE/AFP/Getty Images

Trump's talk about waterway infrastructure had 'a lot of red meat' for the industry

Jun 12, 2017
We just need to figure out the trillion-dollar funding, the president of a Mississippi barge company says.
President Trump speaks about transportation and infrastructure projects at a marina on the Ohio River in Cincinnati on June 7. 
Photo by Bill Pugliano/Getty Images

General Electric will have to shed more than CEO to boost profits

Jun 12, 2017
General Electric announced today that its CEO, Jeff Immelt, is stepping down. He’ll be replaced by John Flannery, who had been in charge of GE’s health care division. Shareholders have not been happy with the company’s stock performance under Immelt’s leadership. GE will have to let go of some segments dragging it down. Click the […]

German grocers Aldi and Lidl are bringing more discount food to the U.S. market

Jun 12, 2017
Two German grocery giants are casting a big shadow in the U.S. Aldi, which has operated here since the late 1970s, says it wants to add about 800 stores to the 1,700 it operates today. Meanwhile, Lidl, another German chain, will open the first of its planned U.S. stores later this week on the East […]

In this summer’s Shakespeare in the Park, the titular character in “Julius Caesar” is distinctly Trumpy. Of course — 400-year-old spoiler alert! — he’s assassinated, and outcry from the right caused Delta and Bank of America pull their support. The theater is the latest in a growing series of political minefields for brand-sensitive companies. We’ll look at how companies are trying to find their way and what it means for entertainment. Plus, it’s been a tough start to the week for America’s highest-profile CEOs, with GE’s Jeff Immelt being shown the door and Uber’s Travis Kalanick facing a possible leave of absence amid personal tragedy and a new report of dysfunctional corporate culture. Then: New York City is adding a new area code, and the after-market for the old 212 is booming.

Music from the episode

Stress Me Out Bibio, Olivier St.Louis
Gold on the Ceiling The Black Keys