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Marketplace for Thursday, February 20, 2014
Feb 20, 2014

Marketplace for Thursday, February 20, 2014

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Gap announces it will raise wages of its lowest-paid workers above the current minimum wage. Walmart and other chains are looking at doing something like this. We examine the factors that go into their decision making. Next, Facebook’s $19 billion bid for WhatsApp essentially means it’s paying $42 per WhatsApp subscriber. That’s $12 more per user than Facebook paid for Instagram. Finally, a new report on inequality from Brookings looks at which American cities have the highest and lowest rates of inequality. What impact does the gap have on vibrancy, and quality of life? 

Segments From this episode

When you're the 'new pharma' in town

Feb 20, 2014
How a small pharmaceutical company triumphed over the pressures of Wall Street and 'big pharma.'

A monumental day for Washington, D.C.

Feb 20, 2014
Marketplace Datebook for Friday, February 21, 2014

Ranking cities from Miami to Boston to Wichita on inequality

Feb 20, 2014
A new report from the Brookings Institution tracks American cities with the highest and lowest rates of economic inequality. Some cities with less inequality look a lot like the suburbs.
A view of San Francisco's famed Painted Ladies victorian houses on February 18, 2014 in San Francisco, California.
Justin Sullivan/Getty Images News

What's a WhatsApp subscriber worth? $42

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Feb 20, 2014
Facebook's is paying $42 for every WhatsApp subscriber.

Checking in on President Obama's pay hike request

Feb 20, 2014
President Barack Obama has proposed raising the federal minimum hourly wage. He also asked companies to pay more.

Ukraine's unrest: Violence continues despite truce

Feb 20, 2014
More dead and captured in clashes between protesters and police.

Submit your sounds to us

Feb 20, 2014
We've come up with a way for you to share what you hear.

Gap announces it will raise wages of its lowest-paid workers above the current minimum wage. Walmart and other chains are looking at doing something like this. We examine the factors that go into their decision making. Next, Facebook’s $19 billion bid for WhatsApp essentially means it’s paying $42 per WhatsApp subscriber. That’s $12 more per user than Facebook paid for Instagram. Finally, a new report on inequality from Brookings looks at which American cities have the highest and lowest rates of inequality. What impact does the gap have on vibrancy, and quality of life? 

Music from the episode

The Funeral Band of Horses
Ends of the Earth Lord Huron
Time to Run Lord Huron