Marketplace for Thursday, March 19, 2015
Mar 19, 2015

Marketplace for Thursday, March 19, 2015

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Airing on Thursday, March 19, 2015: A Minnesota judge is set to approve Target’s proposed $10 million settlement today in the class-action lawsuit over the retailer’s huge data breach back in 2013. But it might be hard for victims to collect any money as they will have to prove they were harmed by the breach and that is typically hard to do. We explore. Plus, there’s a drumbeat of science pointing to a link between fracking and earthquakes. A new report this month says Oklahoma will experience more damaging quakes as fracking there “reactivates” seismic faults. Meanwhile the State’s Supreme Court is already hearing a case on whether oil and gas firms can be held liable for earthquake-related damage. Also, the recording industry earned more from streaming than from CDs for the first time last year. But just as striking, music revenue has settled at a level only half of its peak 15 years ago. What happened to those billions of dollars? We investigate this and more.

Segments From this episode

Target's data breach settlement sets a big precedent

Mar 19, 2015
The company admits fault and will offer victims significant compensation.

India's prime minister needs a raise

Mar 19, 2015
Comparing the salaries of world leaders

Should oil companies be liable for earthquake-related damage?

Mar 19, 2015
The Oklahoma Supreme Court will soon decide if fracking is linked to earthquakes.

The music industry sings a sorrowful, flat note

Mar 19, 2015
The industry takes in only half the revenue it did at its peak.

Big labor's March Madness problem

Mar 19, 2015
Millions of Americans filled out brackets this year — while on the clock

The rich history of money and why we can't master it

Mar 19, 2015
Author Kabir Sehgal explores the history and psychology of money in his new book

Are pro sports teams economic winners for cities?

Mar 19, 2015
A baseball team has about the same economic impact as a midsize department store.

Plant businesses have struggled since the recession

by
Mar 19, 2015
The greenest industry is wilting

Airing on Thursday, March 19, 2015: A Minnesota judge is set to approve Target’s proposed $10 million settlement today in the class-action lawsuit over the retailer’s huge data breach back in 2013. But it might be hard for victims to collect any money as they will have to prove they were harmed by the breach and that is typically hard to do. We explore. Plus, there’s a drumbeat of science pointing to a link between fracking and earthquakes. A new report this month says Oklahoma will experience more damaging quakes as fracking there “reactivates” seismic faults. Meanwhile the State’s Supreme Court is already hearing a case on whether oil and gas firms can be held liable for earthquake-related damage. Also, the recording industry earned more from streaming than from CDs for the first time last year. But just as striking, music revenue has settled at a level only half of its peak 15 years ago. What happened to those billions of dollars? We investigate this and more.

Music from the episode

Delta Rice Oil Boom
Hold My Breath Holy Ghost!
Missing Words Mark Ronson, The Business Intl
Det haster! Casiokids