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with Kai Ryssdal

Marketplace for Monday, December 23, 2013

Apple and China Mobile announce a deal that could potentially put the iPhone into the hands of 700 million new Chinese customers. Next, we all know about the big Target hack that compromised the debit cards of millions of Target’s shoppers. What made the company and  makes so many American companies vulnerable to this kind of attack:  the magnetic strip. Why are we still using it when so many other countries have moved onto more secure credit and debit cards? Finally, it’s D-day for millions of uninsured who want to get their policies in motion by Jan. 1.

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Customers queue to buy Apple's new iPhone 5c and 5s at the Wangfujing flagship store on September 20, 2013 in Beijing, China. China Mobile, the world's largest mobile carrier, will begin selling iPhones in January.
Lintao Zhang/Getty Images

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Kai Ryssdal

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Marketplace® is your liaison between economics and life. Noted for timely, relevant and accessible coverage of business news across both audio and digital platforms, Marketplace programs are heard by more than 14 million weekly listeners. This makes the Marketplace portfolio the most widely heard business or economic programming in the country.