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Marketplace

Marketplace Business News Podcast
Kai Ryssdal
Latest Episode

Marketplace for Thursday, October 18, 2012

Oct 18, 2012

Episodes 3701 - 3710 of 5796

  • Seven masterpieces were stolen from the Kunsthal museum in Rotterdam in a pre-dawn heist — but does art theft pay off? Meanwhile, new housing construction is up. Nike announced its ending its contract with cyclist Lance Armstrong but will continue to support his cancer charity Livestrong. A grocery chain in Northern California that’s the target of a federal audit will soon find out which of its employees are undocumented and could be forced to fire them. Adriene Hill takes a further look into California’s Prop 37 and the effect it would have on consumers if passed. And after last night’s “binders full of women” comment, we take a look at this election’s Internet memes.

  • Citigroup announced today that its CEO has resigned effective immediately, leaving the company in a questionable position. Japan is about to overtake China in the amount of U.S. debt that it holds. Gallup Editor-in-Chief Frank Newport talks about how the town hall participants are chosen for the presidential debate. Levi’s is putting a new spin on recycling — the company plans to take millions of plastic bottles and turn them into jeans. And author Frederick Kaufman discusses how Wall Street speculation affects the price of food.

  • Former Fed chairman Paul Volcker discusses his tenure and what concerns him today about financial markets, along with financial historian William Silber, who wrote a new book called “Paul Volcker: The Triumph of Persistence.” The Nobel Prize in economics went to two Americans for their idea known as the matching theory. Japan’s Softbank Corp. has announced its 70 percent investment in U.S. mobile carrier Sprint Nextel Corp, making it the largest overseas buy from a Japanese firm. Ohio Gov. John Kasich is closing on a deal to lease the Ohio turnpike for $1 billion. And Gina Keating, the author of “Netflixed: the Epic Battle for America’s Eyeballs,” offers a deeper look at the company.

  • The Nobel committee has awarded the Peace Prize to none other than the European Union. Meanwhile in the U.S., Pennsylvania Gov. Tom Corbett has signed a bill that will allow controversial fracking on several Pennsylvania college campuses. Amy Scott reports on a school that’s opened up an on-campus vision center for students. Some craft micro-brewers are changing the stigma of going from glass to aluminum. And the vice presidential candidates debated jobs and 6 percent unemployment last night in their debate. We get the website Rap Genius to help us decode what Joe Biden and Paul Ryan said.

  • The space shuttle Endeavour will travel through South L.A. this weekend on its way to its final resting place, and some residents feel more inconvenienced than intrigued. After nearly 30 years, fast-food chain Wendy’s has decided to update its logo. South Carolina’s governor says that colleges should earn the money they get from the state. San Bernardino’s bankruptcy struggles have caused a division among its citizens. The infamous Central American gang MS-13 received the designation of international criminal organization by the Obama administration. And we hear about the rise of plus-size fashion.

  • We kick off Big Money, our special reports all this month on Citizens United and campaign financing, a special Marketplace collaboration with Frontline on PBS. Nancy Marshall-Genzer explores how the Citizens United decision has boosted union canvassers. Meanwhile, Money Matters takes a look at the costs of childcare. Walmart’s first ever retail worker strike has spread to 12 cities and shows no sign of slowing down. Toyota has announced another recall and this time it involves 7.4 million vehicles. And the drought has caused a shortage of dairy for businesses, and a price increase for customers.

  • German Chancellor Angela Merkel visited Greece, and was greeted by massive street protests. Meanwhile, Wall Street Journal reporter Liz Rappaport discusses how Wall Street is now backing Mitt Romney this election after backing Barack Obama in 2008. Welders are in big demand and have the potential to bring home large paychecks. A Chicago official looking to reduce gun violence and to close a budget gap has proposed taxing guns and ammunition. After Hurricane Katrina, insurance premiums rose sharply in the Gulf, and residents say the increase may lead them to lose their homes. And the Amish are now venturing into other forms of business.

  • The U.S. House Intelligence Committee has said that Huawei and Chinese telecom-equipment supplier ZTE pose a security risk and the U.S. government should avoid using their equipment. The committee also recommended that American companies should be blocked from carrying out mergers involving two Chinese telecommunications firms. Meanwhile, the Center for Disease Control and Prevention has reported that the number of people with a rare fungal meningitis has risen to 91. We look at what California can do about its record-breaking gas prices. And a new brand of tea called Runa has hit shelves and is getting recognition from some unusual investors.

  • Former GE top dog Jack Welch has implied that President Obama cooked the books when it comes to the new jobs numbers — but how would one go about doing that? The popularity of Toys ‘R’ Us’ layaway program has caused a run on some popular toys for the upcoming holiday season. California’s gas prices jumped a whopping 20 cents overnight. The government has hired a PR firm to promote and explain all the complicated details of the health care plan. And the Wealth & Poverty Desk visits a workshop that lets you simulate living in poverty.

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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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