Marketplace for Thursday, July 2, 2015
Jul 2, 2015

Marketplace for Thursday, July 2, 2015

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Airing on Thursday, July 2, 2015: One of Chicago's remaining black-owned banks is in danger of closing, a reality that's part of a national trend. Unlike the more segregated days when these banks were founded, African-American customers can now take their business elsewhere. But black-owned banks provide a link to a proud history, and research says, they may do something a lot more important. Marketplace's Dan Weissmann has the story. Next: forget the baking soda volcano. Science fairs these days are about developing apps, designing a better hazmat suit or figuring out how to reclaim wastewater. And why stop there? How about getting a patent and some venture backers too? The U.S. Army is trying to help budding inventors do just that. Marketplace's Amy Scott reports.

 

Segments From this episode

BP reaches $18.7 billion settlement over 2010 spill

Jul 2, 2015
The deal brings the company's total liability to more than $40 billion.

Bubble wrap abandoning its signature pop

Jul 2, 2015
Say goodbye to your childhood obsession.

Jobs report in 4 charts: who's working, who's not

Jul 2, 2015
The labor force made up of people 25 to 54 years old is at a low point.

Univision plans its IPO

Jul 2, 2015
US's biggest Spanish-language broadcaster is at the top of its game, experts say.

Black-owned banks are dying. Here's why it matters.

Jul 2, 2015
Spoiler alert: Racism still exists. And research shows it affects lending.

Richard Nixon 'wanted to be a good prince'

Author looks into the psyche of the anxious introvert who was 37th president.
“Nixon's become kind of a cartoon to us," says author Evan Thomas. "We think he's wicked and evil. I just didn't believe that.”
National Archive/Newsmakers

U.S. Army recruits young innovators

Jul 2, 2015
Armament research lab wants to help kids patent and sell their ideas.

Airing on Thursday, July 2, 2015: One of Chicago’s remaining black-owned banks is in danger of closing, a reality that’s part of a national trend. Unlike the more segregated days when these banks were founded, African-American customers can now take their business elsewhere. But black-owned banks provide a link to a proud history, and research says, they may do something a lot more important. Marketplace’s Dan Weissmann has the story. Next: forget the baking soda volcano. Science fairs these days are about developing apps, designing a better hazmat suit or figuring out how to reclaim wastewater. And why stop there? How about getting a patent and some venture backers too? The U.S. Army is trying to help budding inventors do just that. Marketplace’s Amy Scott reports.

 

Music from the episode

Hella Good No Doubt
Kids MGMT
Pumpin Blood NONONO