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How an oil company pivots to video games
Sep 19, 2019

How an oil company pivots to video games

How's a company go from fracking to "Fortnite"? Today, we look at the art of the pivot. Plus: Why central banks are predicting an economic slowdown and what Silicon Valley is (and isn't) doing to combat climate change.

Segments From this episode

Navigating new sales tax rules in the era of online shopping

Sep 19, 2019
Last year, the U.S. Supreme Court re-wrote the rules of sales tax collection. Now, a group of senators want to intervene.
Inventory at the Made in Oregon warehouse in Portland, Oregon, July 24, 2019. The company is now collecting sales tax for online sales in at least 11 other states.
Kate Davidson/Marketplace

How Chinese consumers are coping with tariffs on U.S. goods

Sep 19, 2019
Some Chinese consumers are buying less and others are buying local.
A customer shops for clothing at a mall in Beijing in January 2019.
Nicolas Asfouri/AFP/Getty Images

From fracking to "Fortnite": Company pivots from oil to esports

Sep 19, 2019
For one investment firm, competitive video gaming suddenly looked better than the volatile energy industry.
Gamers play "Fortnite" against Twitch streamer and professional gamer Tyler "Ninja" Blevins during Ninja Vegas '18 at Esports Arena Las Vegas in April 2018.
Ethan Miller/Getty Images

When interest rates drop, savers feel the pinch first

Sep 19, 2019
Savers can be the first to lose when the Fed lowers the interest rate.
The potential to earn in a savings account has gone down with interest rate cuts. Above, a Chase Bank in New York.
Spencer Platt/Getty Images

OECD: Growth downgraded, fiscal policy needed

Sep 19, 2019
The Organization for Economic Cooperation and Development echoes central bankers, saying monetary policy alone can't spur global growth.
Laurence Boone, chief economist of the Organization for Economic Cooperation and Development, presents the OECD interim economic outlook in Paris in 2018.
Eric Piermont/AFP/Getty Images

Music from the episode

Mockingbird Wild Belle
Old Graffiti Bibio
Nada Mellah
Right Words Wrong Time Carly Rae Jepsen
Turnmills Maribou State

The team

Nancy Farghalli Executive Producer
Maria Hollenhorst Producer II
Sean McHenry Director & Associate Producer II

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