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Marketplace

Marketplace Business News Podcast
Kai Ryssdal
Latest Episode

Marketplace for Thursday, November 14, 2013

Nov 14, 2013

Episodes 3421 - 3430 of 5796

  • Stack ranking is the office equivalent of grading on a curve. Jack Welch, at GE, brought stack ranking to the fore. And Microsoft used to use it — but has now killed it; even as Marissa Mayer, Yahoo’s glamorous CEO, is ramping it up. Plus, new guidelines on the use of statins to lower cholesterol hold the promise to dramatically increase the number of Americans who take those drugs. Most of them are available as generics. Finally, a group of Occupy Wall Street activists has started to buy securitized personal debt on the cheap – and then forgive the debtors — not only to lift the burden from individuals, but to raise awareness about the debt collection industry and how to resist credit. 

  • By all accounts, about 50,000 people have made it through the federal exchanges. So, what does it mean? We keep hearing 500,000 as a magic number that the Obama administration was counting on. Next, typhoons beat on the Philippines regularly, destroying roads, bridges and buildings in an already poor country with bad roads, bridges and buildings, where the population has tripled in 50 years. Finally, Michelle Obama has a new pet project: Getting kids into college. What are the economics of the First Lady?

  • The extensive Filipino community here in the U.S. is rushing to the aid of its typhoon-struck homeland with a raft of fundraising initiatives. Amazon has signed a deal with the U.S. Postal Service for Sunday deliveries this holiday season. Good for Amazon: Great for the consumer! But is this a good deal for the post office? Finally, while it’s unclear how serious the issue of battery fires in Tesla cars is, the concern over them has taken shareholders on a fast ride in the last month.

  • The unemployment rate ticked up to 7.3 percent in the Labor Department’s latest jobs report. In the data, there was good news — more jobs — and bad news — long-term unemployment. But beware:  The report is a mess of bad data and false indicators and we shouldn’t rely on this months report. Also, new federal rules requiring health insurers to cover mental health and addiction could mean a flood of money to therapists, clinics and rehab centers. Plus, the airlines have been a little slow to get into the Big Data game. But it looks like they’re moving in that direction now. Welcome to being a totally captive audience at 30,000 feet. Finally, we talk to two of our regular guests about the week that was on Wall Street.

  • Twitter may be a household name — but it’s not used by everyone in every household. What happens when companies launch a product complex enough that they have to explain to potential users how to wade through it? Also, preliminary third-quarter data today suggest that retailers are stocking up on goods, but consumers aren’t buying them. And finally, the FDA says trans fats is officially bad, and that  poses big challenge to makers of processed foods that depend on them for shelf-life, price and taste.

  • We often think of the stock market as the province of the machines. But in the Twitter IPO, the pivotal role is played by a human: the designated market maker, who will act as a conduit for all trading in Twitter shares. Marvel is diversifying its stable of superheroes with a new series featuring a teenage Muslim lead character. How much of a role do financial considerations play in creating a new superhero. Finally, Bart Chilton, known for quoting rock-and-roll lyrics in firebrand speeches, is leaving the Commodity Futures Trading Commission. His coming departure and other changes raise the specter that the regulator could soon be well short of its usual five commissioners.

  • Google launches its new video-conferencing advice and how-to service, called Google Helpouts. What calculation did Google make in deciding there’s money to be made connecting users to real people via video for advice? Also, the Department of Justice is talking with American Airlines and US Airways about possibly lifting their anti-trust action against the airlines’ merger if they make concessions on slots at airports. And finally, the case of one 300-pound NFL player bullying another raises the question of why so many workplaces of all kinds tolerate bullying and hazing in their work forces.

  • The hedge fund SAC has plead guilty to insider trading. The government has drawn a line in the sand when it comes to trading in material non-public information, but where exactly is that line drawn? Kellogg’s slashed 7 percent of its workforce, and it planning to market more to older consumers, not kids. Finally, the tentative takeover offer from BlackBerry’s largest shareholder for the company has collapsed.  Instead of purchasing BlackBerry and taking it private,  Fairfax Financial Holdings, and an unnamed group of institutional investors will invest $1 billion in the struggling company.  

  • A boost to food stamps funding leftover from the government’s 2009 stimulus package is expiring. How will families, grocery stores, and corporate America feel the pain? The Container Store’s share price doubled shortly after its IPO this morning. Some might think that high-end organizing is a sign the economy is doing well. And Marketplace’s Queena Kim goes on a mission to find out what the Google Barge is all about … or not. 

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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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