Marketplace for Thursday, December 1, 2016
Dec 1, 2016

Marketplace for Thursday, December 1, 2016

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On today's show: Despite the deal struck by Carrier and President-elect Trump, more Carrier jobs are leaving Indiana than are staying. We look at the larger corporate strategy of jobs leaving the country and automation.  Also: Another installment in our series How the Deck is Stacked, in partnership with Frontline and PBS. Finally: Reddit CEO Steve Huffman apologized yesterday for secretly editing comments in a community thread for supporters of President-elect Trump and vowed to take a tougher stance on some of the site's "toxic users."

Segments From this episode

Reddit announces plan to curb "toxic users"

Dec 1, 2016
CEO Steve Huffman announced he'll remove some users after he apologized for pranking them.
Steve Huffman, CEO of Reddit.
Reddit

What politicians don’t get: companies don’t want to create jobs

Dec 1, 2016
Corporations see their workforce as an expense, not an asset.
President-elect Donald Trump puts on a miner's hat while speaking during a rally on May 5, 2016 in Charleston, West Virginia. 

 
BRENDAN SMIALOWSKI/AFP/Getty Images

It could be a very good holiday for U.S. charities

Dec 1, 2016
Charities could see a bump up in donations this month. That’s because wealth advisers are telling their clients to increase their giving now, before likely changes to the tax code next year. On his website, Donald Trump says he’ll cut the top tax rate to 33 percent. And he wants to cap itemized deductions for […]
Wealth advisers say their clients are adjusting their giving plans in light of likely changes to the tax code in 2017. 
Howard Lake/Flickr

Starbucks CEO Howard Schultz steps down

Dec 1, 2016
The coffee magnate will stay at Starbucks and focus on bigger-picture initiatives.
Starbucks CEO Howard Schultz speaks during during the Starbucks Annual Shareholders Meeting on March 23, 2016 in Seattle, Washington. 

 
Stephen Brashear/Getty Images

The uncertain state of South Korea

Dec 1, 2016
South Korea's corruption scandal, paired with President-elect Trump's comments about the country, has put the nation in a state of uncertainty.
Protesters wearing masks of South Korean President Park Geun-Hye (bottom) and her confidante Choi Soon-Sil (top) perform before a candle-lit rally in central Seoul on October 29, 2016, to denounce Park over a high-profile corruption and influence-peddling scandal involving her close friend. 
JUNG YEON-JE/AFP/Getty Images

On today’s show: Despite the deal struck by Carrier and President-elect Trump, more Carrier jobs are leaving Indiana than are staying. We look at the larger corporate strategy of jobs leaving the country and automation.  Also: Another installment in our series How the Deck is Stacked, in partnership with Frontline and PBS. Finally: Reddit CEO Steve Huffman apologized yesterday for secretly editing comments in a community thread for supporters of President-elect Trump and vowed to take a tougher stance on some of the site’s “toxic users.”

Music from the episode

Hate It Or Love It The Game, 50 Cent
N.Y. Doves