When the family business is the Lakers
October 29, 2018
The Los Angeles Lakers are more than just a basketball team. They are also a company worth $3.3 billion, one of the most successful franchises in the NBA. Fundamentally, the Lakers are an entertainment company with outsized influence. Today we'll talk with Jeanie Buss, CEO and co-owner of the team, who took over for her father in 2013. But first: consumer spending is up for the seventh straight month, but income doesn’t seem to be keeping up. What does that say about the economy? Plus, gaming out a global economy without German Chancellor Angela Merkel.