Marketplace for Friday, July 24, 2015
Jul 24, 2015

Marketplace for Friday, July 24, 2015

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Airing on Friday, July 24, 2015:  Amazon reported earnings yesterday, and its stock price soared. Today it has a market value very similar to that of Wal-Mart. Yet Amazon’s quarterly profit was only a fraction of Wal-Mart's. How can that be? Marketplace explores. Plus, lots of people on the parched West Coast are hoping that predictions of a strong El Niño this winter will prove correct, because a season of hard rain is needed. Others remember El Niño as just that — a season of hard rain — and are concerned about a winter of floods and mudslides.

 

Segments From this episode

El Niño: Be careful what you wish for

Jul 24, 2015
Even a strong rain storms won't end a deep drought, but they could cause havoc.

A dim law? Imagine Times Square without billboards

Jul 24, 2015
'Bureaucratic hiccup' threatens the intersection's iconic flash.

CFO's rise beyond the balance sheet

Jul 24, 2015
Chief financial officers used to just do the books. Now they're key strategists.

Converse unveils a revamp of the classic Chuck Taylors

Jul 24, 2015
And this time, your feet will appreciate them.
The new Chuck Taylor shoe updates the iconic Converse sneaker with Nike technology.
Courtesy:Converse

Gamers' new challenge: a urine sample

Jul 24, 2015
Super Smash Bros. is way more serious than we thought.

Weekly Wrap: Hillary Clinton, mergers and commodities

Jul 24, 2015
Catherine Rampell and Cardiff Garcia join us to recap the week in business and finance.

How Amazon can be worth the same as Wal-Mart

Jul 24, 2015
The bricks-and-mortar chain makes more money, but investors like the online store.

Sports + Fans + Selfie Culture = Business Strategy

Jul 24, 2015
Fanpics looks to capitalize on our love of sports and pictures of ourselves.

Airing on Friday, July 24, 2015:  Amazon reported earnings yesterday, and its stock price soared. Today it has a market value very similar to that of Wal-Mart. Yet Amazon’s quarterly profit was only a fraction of Wal-Mart’s. How can that be? Marketplace explores. Plus, lots of people on the parched West Coast are hoping that predictions of a strong El Niño this winter will prove correct, because a season of hard rain is needed. Others remember El Niño as just that — a season of hard rain — and are concerned about a winter of floods and mudslides.

 

Music from the episode

War Zone JR JR
Punga Klingande
Nobody Beg You Femi Kuti
Det haster! Casiokids
Elephant Tame Impala