Marketplace for Friday July 11, 2014
Jul 11, 2014

Marketplace for Friday July 11, 2014

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Reynolds and Lorillard, two big cigarette companies, are merging. You might think that with all the bans on smoking in bars, restaurants and public spaces, the cig business would be pretty small these days. But the fact is cigarettes are still huge, including in the US. We look at what this kind of merger means for smokes. Also, the White House is announcing a program to get companies to pay their small-business suppliers faster. Apple, Honda and Coca-Cola are among the 26 companies that have agreed to pay small businesses they contract with for parts and services faster – ideally within 15 days. We ask a small business owner how much of a difference does it make if they get paid a few days or a few weeks sooner. Plus, Eileen Ford, who created the Ford Agency, and along with it the modeling business as we know it—including the Supermodel--died yesterday. We look at how she made modeling an industry. And finally, an an itsy-bitsy, teeny-weeny new installment to our "Summer Brought To You By" series.

Segments From this episode

Weekly Wrap: The most interesting man at the Fed

Jul 11, 2014
Another European debt crisis and dueling speakers at the Federal Reserve.

A Venezuelan airport is charging for air. Yes, air.

Jul 11, 2014
The international airport in Caracas, Venezuela, is now charging for air.

Good weather drives corn prices to record low

Jul 11, 2014
Surpluses put corn prices at a four-year low. Can farmers sell it all?

Country in revolt? Hire a PR firm.

Jul 11, 2014
Improving the image of foreign governments is big business for US PR firms.

The explosive birth of the bikini

Jul 11, 2014
How war rations and atomic testing brought about the world's skimpiest suit.

Big companies help small ones by paying them sooner

Jul 11, 2014
Big companies sign on to pay their small-business suppliers faster.

Newports and Camels are a smoking combination

by
Jul 11, 2014
Reynolds and Lorillard are merging.

How Eileen Ford made modeling a real profession

Jul 11, 2014
Ford, who died at 92, and her husband created the modern modeling industry

Reynolds and Lorillard, two big cigarette companies, are merging. You might think that with all the bans on smoking in bars, restaurants and public spaces, the cig business would be pretty small these days. But the fact is cigarettes are still huge, including in the US. We look at what this kind of merger means for smokes. Also, the White House is announcing a program to get companies to pay their small-business suppliers faster. Apple, Honda and Coca-Cola are among the 26 companies that have agreed to pay small businesses they contract with for parts and services faster – ideally within 15 days. We ask a small business owner how much of a difference does it make if they get paid a few days or a few weeks sooner. Plus, Eileen Ford, who created the Ford Agency, and along with it the modeling business as we know it—including the Supermodel–died yesterday. We look at how she made modeling an industry. And finally, an an itsy-bitsy, teeny-weeny new installment to our “Summer Brought To You By” series.

Music from the episode

Klapp Klapp Little Dragon
Boys I Like Desert Stars
Boys I Like Desert Stars
Boys I Like Desert Stars