Marketplace has a new podcast for kids, "Million Bazillion!" EPISODE OUT NOW
Marketplace for Thursday June 26, 2014
Jun 26, 2014

Marketplace for Thursday June 26, 2014

HTML EMBED:
COPY

General Motors is recalling some Chevy Cruze sedans because of a potential problem with the airbags. The Cruze is GM’s best-selling vehicle in North America, and this is just the latest in a string of GM safety issues. Is this the tipping point where the recalls start hitting GM’s bottom line? Plus, the Office of the Comptroller of the Currency yesterday released a study showing that banks are making riskier loans. They’re making them indirectly to individuals in the form of auto loans, and directly in the form of so-called covenant-lite loans. We look at what these loans are, why they’re risky and what it means for the economy. Also, sponsors pay big money to put their names on team gear. So when one Brazilian player peeled off his shirt to reveal he was wearing the wrong underwear, it was more than something funny to talk about. We look at the serious business of sponsorship—and product (mis)placement. 

Segments From this episode

Why bank loans are getting riskier

Jun 26, 2014
Banks are relaxing the terms in their loans. And that makes them riskier.
The Canary Wharf headquarters of Barclays Bank, which is under investigation by the New York State Attorney General for possibly misleading and defrauding its dark pool clients.
Oli Scarff/Getty Images

FIFA: Unsanctioned underwear is "incidental exposure"

Jun 26, 2014
We look at the serious business of sponsorship and product (mis)placement.

U.S. steelmakers battle against cheap imports, again

Jun 26, 2014
China and South Korea are dumping cheap steel into the market

Matt Lauer asks Mary Barra about being a mom and GM CEO

Jun 26, 2014
Matt Lauer interviewed Mary Barra, the CEO of General Motors, Thursday morning.

Fire Chat is hot app in repressive countries.

Jun 26, 2014
An new app called Firechat lets people ommunicate even when they're offline, allowing them to keep ahead of government censors.

Keeping the water clean at American Water

Jun 26, 2014
Susan Story, CEO of American Water, talks about plans to avoid a water crisis.

Island's answer to China-Japan dispute: Tourism

Jun 26, 2014
The tiny resort island of Ishigaki wants Chinese tourists, but not its military.

Why the Cruze recall won't hurt GM's bottom line

Jun 26, 2014
GM has recalled 20 million vehicles this year.

General Motors is recalling some Chevy Cruze sedans because of a potential problem with the airbags. The Cruze is GM’s best-selling vehicle in North America, and this is just the latest in a string of GM safety issues. Is this the tipping point where the recalls start hitting GM’s bottom line? Plus, the Office of the Comptroller of the Currency yesterday released a study showing that banks are making riskier loans. They’re making them indirectly to individuals in the form of auto loans, and directly in the form of so-called covenant-lite loans. We look at what these loans are, why they’re risky and what it means for the economy. Also, sponsors pay big money to put their names on team gear. So when one Brazilian player peeled off his shirt to reveal he was wearing the wrong underwear, it was more than something funny to talk about. We look at the serious business of sponsorship—and product (mis)placement. 

Music from the episode