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Marketplace

Marketplace Business News Podcast
Kai Ryssdal
Latest Episode

Marketplace for Thursday, February 6, 2014

Feb 6, 2014

Episodes 3361 - 3370 of 5796

  • CVS is giving up the smokes, and turning itself into more of a healthcare company. We look at the economics of the new, healthcare focused pharmacy, and ask what CVS’ move means for the pharmacy business. Next, Twitter has spent one year in the public eye. As its earnings come out today, we look at what it needs to do to keep growing in the future. Then, if you attend the Sochi Olympics, you’ll see a big presence by U.S. corporate sponsors — but not so much here at home. Corporate spnosors are keeping a low profile in the U.S., for fear of bad associations with Russian corruption. And finally: The latest battle in the fight over unequal pay for women is the compensation package for GM’s new CEO, Mary Barra. She’ll receive about $4.4 million, compared to the $9 million her predecessor Dan Akerson made.

  • Microsoft hired a CEO today, after 6 months debating: Insider or outsider? It’s a decision that many companies wrestle with, raising questions of expense, innovation, familiarity and more. Next, the markets have now fallen about 8 percent, and we take a look at the concept of “correction.” What does it take to make a “correction” officially? Plus, how the Affordable Care Act could shrink the workforce. The Congressional Budget Office’s newest numbers suggest folks will stop working, while others will work fewer hours. And finally, tech companies are signing on to President Obama’s push to connect all school children to the internet, offering $750 million in hardware, software and internet access. What do these companies stand to gain?

  • Much of the talk about emerging markets has been about the Fed’s decision to cut back its stimulus program. But there’s something else driving emerging markets down: China. Next, Cleveland now goes the way of St. Louis, Pittsburgh and other former airline hubs, as United announces a streamlining of its routes. We take a look at the factors that go into gateway airports losing their influence and their role, and the wider repercussion for the host city. And finally, there has been a spate of public job leaving – most recently a woman who quit  in a Super Bowl ad in front of 100 million people.  Why?  Is this a hopeful sign that the economy is improving?

  • Amazon  is wrestling with the cost of its Prime program. The membership club brings in lots of loyal customers, but also costs it lost of money. Plus, more than 70 business groups have formed a coalition to confront the Obama administration’s energy regulation process at every step. They want to protect their interests as the EPA regulates coal-plant emissions and then, they expect, moves on to other fossil fuels. Finally: Who has not returned to home ownership?  If housing is a key economic driver Rents are high, and with wages flat, equity growth is a way to make money.  How does the trend affect the economy,

  • The American economy grew 3.2 percent in the fourth quarter, despite a government shutdown and despite a disappointing holiday shopping season. Businesses are buying equipment, but what are consumers spending our money on? Hint: It’s not household goods, and it’s not cars. It’s not Exxon, either: The company just announced its fourth quarter earnings dropped 16 percent, on lower production and weaker refining margins. Finally, a bona fide high: Facebook stock is up substantially today, thanks to some positive sales news and profit projections. The company looks a lot different to investors than it did a year ago.

  • Emerging markets are in a tizzy, in large part because investors are reacting to the Federal Reserve’s decision to taper its stimulus program. Plus, the President stumbled over the name of a new, government backed retirement savings account during the State of the Union Address — but he’ll get another shot to get the name right when he touts the “My-R-A” today in Pittsburgh. We explain how it might work, and why  it’s needed in the first place. Finally, two TV stations in Los Angeles want to undertake an experiment: Share their airwaves so they can sell back, for wireless use, the part they don’t use. It’s a step in an FCC plan to take back spectrum used by TV broadcasters who mostly rely on cable now, to use for other essential purposes.

  • Why did President Obama choose $10.10 as the new minimum wage for federal contractors? And, wait, which federal workers are paid minimum wage? We look at the federal government in the context of the low-wage movement, outsourcing custodial, kitchen and other work to contractors who pay low wages. Plus, the Chicago Tribune will no longer drop Sunday advertising supplements on 5 million doorsteps. Turns out, they’re haven’t been generating much revenue for years. Finally, we revisit the question: “What can the NSA learn from Angry Birds?” Spoiler: More than we knew.  

  • Tomorrow, the President will announce that several major corporations have signed a pledge not to discriminate against the unemployed in hiring decisions.  There are practical and psychological reasons that may work against the long- term unemployed: So what are the counter-arguments for hiring them? Plus, on news of New York teachers coming out against the Common Core, we take a look at the controversial curriculum standards, and what happens next. Finally, lots of tech startups aspire to get bought out by a larger company. If you dream of a bid by Google, what must you offer? Hint: A genius-founder never hurts.

  • Emerging markets are in turmoil today, but none more so than Argentina. The country’s currency dropped 11 percent against the dollar yesterday, and the country’s economic situation is now so dire that some experts are predicting 30 percent inflation this year alone. Plus, as the Obama considers how to regulate the new legal marijuana business, they are encouraging them to put their money into banks. We ask: If marijuana money isn’t in banks now, where is it? And finally, the FDA is getting ready to overhaul nutrition labels for the first time in 20 years. How does what’s on that little box of numbers drive what food companies make — and what we eat?

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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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