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Marketplace

Marketplace Business News Podcast
Kai Ryssdal
Latest Episode

Marketplace for Thursday May 15, 2014

May 15, 2014

Episodes 3291 - 3300 of 5796

  • An insurance company’s suit against Chicago’s wastewater management system may be a harbinger of insurers forcing institutions and businesses to consider the effects of climate change. Plus, President Obama speaks today about the “need a 21st century transportation infrastructure” today, near New York’s Tappan Zee Bridge. Earlier this year, the transportation secretary did a Midwestern tour to tout infrastructure needs. It’s clear infrastructure is a political crutch these days, but that masks just how bad the nation’s infrastructure problems are. Also, we seem to be having a privilege moment. An essay on “check your privilege” written by a Princeton student has grabbed the national attention, to the point where the Kennedy School of Government will mandate first year students take a class on power and privilege. What’s going on?

  • An EU ruling on privacy has big implications for Google and other search providers. We as what does the ruling means for Google’s operations in Europe, and what it might mean for other providers on that side of the pond. Also: Retail sales were disappointing, and maybe even surprising. Why the monthly retail sales number isn’t all that the market cracks it up to be. Finally, FHFA head Mel Watt gave his first speech today, and it look as though he wants to open up the mortgage market a bit. We unpack what the change in direction will mean to the housing recovery.

  • The FCC is considering rules that would allow cable companies and other internet providers to strike deals with high-volume users like Netflix. We look at why shouldn’t the internet simply be regulated like a public utility? Plus, packaged food company Hillshire Brands announced it would acquire Pinnacle Foods for $6.6 billion today. This represents a battle for the center aisle of the supermarket. We report on how our buying patterns have changed when it comes to shopping in the center aisle, and what companies are doing to grab that market and make us buy more. Alos, this is television’s Upfronts Week where the networks unveil their new offerings in New York.  It’s evolved into a major event drawing networks, advertisers, producers and critics. We report on what goes into making a successful upfront and how that’s evolved. 

  • Apple is in talks to buy Beats, known for its trendy- and expensive- Beats by Dr. Dre headphones. IF it goes through, this would be Apple’s biggest acquisition at a reported $3.2 billion. But Beats doesn’t just make headphones. We look at Beats the company, its produts and services, and what it could offer Apple if te deal goes through. Plus, the breakdown of merger plans between Publicis and Omnicom is a reminder of how difficult it can be to execute a merger of equals that has the goal of a 50-50 arrangement. We investigate. 

  • FedEx says it will charge by the size of a package into account when figuring out shipping costs. Bulky but lightweight items  will get more expensive to send. We look at all the ripple effects a change like this can make, everything from how consumers might modify their buying habits to how big shippers like Amazon might consider more efficient packaging. Plus, Janet Yellen feels pretty good about most of the economy, except for housing. Activity in this sector has been disappointing, she said, and many economists agree. We report on what it would mean if the housing market can’t find its mojo. Then, we follow up on listener questions about her story on people who spend time in the “1 percent.”

  • Alibaba filed its IPO yesterday. But it hasn’t chosen an exchange yet, and the competition between the hot favorites, NYSE and the NASDAQ, will likely be intense.We report on how much money an exchange makes from a big listing like Alibaba. Plus, Stanford University is the first major university to divest itself of carbon-producing fossil-fuel investments – but only coal. Can coal producers be isolated when coal still generates nearly 40 percent of U.S. electricity and is integral to many other industries? Then, Coca-Cola has quickly abandoned an ad campaign whose tagline was “You’re on Diet Coke,” after people on social media took some shots at it. 

  • TV weathermen are the most common contact most Americans have with meteorology and climate, but the consensus on climate change is significantly lower than among them than climate scientists. What is it about the TV meterologist industry? Plus, Bayer has acquired Merck’s over-the-counter consumer pharmaceutical business, and is focusing on developing new drugs. We look at the difference between these two businesses: OTC and Rx, and the advantages of being on one, rather than the other (or even both). Finally, former PayPal Executive Rakesh Agrawal sent a Twitter message to a friend that criticized a colleague. It went out to 11,000 people.  He then sent a series of Tweets threatening to share embarrassing content from the communications of corporate colleagues who didn’t support him. Now, Twitter is trying to bring the situation under control.

  • Target finally booted its CEO but any new CEO will face more problems than just the aftermath of a giant credit-card breach. What’s a new CEO to do when the stylish discount store is losing sales to people who never go in a store? Plus, right when it seems that we need computer security more than ever, Symantec’s executive announces in the Wall Street Journal that “antivirus is dead.” Stacey Vanek Smith reports on the demise of antivirus as a computer security measure and what is taking its place. Also, new reports from the Center for American Progress and the National Education Association say U.S. teachers are nowhere near as radically diverse as their students. Almost half the students attending public schools are minorities, yet fewer than 1 in 5 of their teachers is nonwhite. What is causing this “diversity gap”? How important is it? And, what can be done to narrow it?  

  • OK, so the top line on the jobs number looks pretty good, but it’s clear that for the most part, wages are stagnant. And wage growth is an important part of the economic growth equation. Sabri Ben-Achour reports on why wages are still flat, and what it will take to get them a-risin’. Plus, Spidey hits the big screen today, and, there is lots riding on the $250 million investment by Sony.  We’re gonna get beyond the Hollywood-is-all-about-tentpoles angle and look at the degree to which movies have become companies unto themselves, and what’s at stake if they botch it.  In Sony’s case, a hedge-fund predator at the door, for starters.  Also, this week Georgia governor Nathan Deal signed a bill into law that allows drug testing of welfare applicants by state employees.  The idea is to save the state money by revoking assistance to those who test positive.  Georgia isn’t the first state to do this. How has it worked elsewhere? 

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About the show

Hosted by Kai Ryssdal, our leading business news radio program and podcast is about providing context on the economic news of the day. Through stories, conversations and newsworthy developments, we help listeners understand the economic world around them. Marketplace makes sense of the economy for everyone, no econ degree or finance background required. Marketplace doesn’t just report on the numbers, we take it deeper, adding context to what’s happening in the stock market and how macroeconomic policy can affect you and your business. Monday through Friday, our team speaks with a wide range of industry professionals — from small business owners to Fortune 500 CEOs, Marketplace breaks down complex topics related to business and the economy without industry jargon and over-complicated explanations.

Kai Ryssdal has led the program since 2005 and has hosted the program from China, the Middle East and dozens of cities across the United States. As a leading public media voice, Kai has been a trusted broadcaster for two decades and received an Emmy for investigative journalism on a PBS FRONTLINE documentary about money in politics called “Big Sky, Big Money.” He has appeared often on CNN, CNBC and CBS news. His written work has been featured in The New York Times and The Atlantic.

Produced and distributed by American Public Media (APM) our popular business news podcasts are available worldwide on Apple Podcasts, Spotify, and RSS Feeds and any place else where you get your podcasts.

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