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Marketplace for Thursday May 22, 2014
May 22, 2014

Marketplace for Thursday May 22, 2014

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As Sears Canada today posts its steepest fall in quarterly sales in almost five years, we look at why Canada has proved such a difficult terrain for US businesses. Plus, Unilever is selling its Ragu brand to a Japanese conglomerate, the latest passage for the spaghetti sauce that brought Italian cooking into the mainstream in the U.S. We look at the cultural and culinary history of Italian-American food and its banner sauce (which is in fact a marinara, not a ragout). Also, new census figures say 7 of the 15 fastest growing communities in the U.S. are in Texas – places like Cedar Park, Frisco and San Marcos. But that growth doesn’t necessarily translate to wealth. In San Marcos, the median household income is just $26,000, far less than the state median of $49,000.

Segments From this episode

Happy 200 millionth birthday, turtles

May 21, 2014
Marketplace Datebook for Friday, May 23, 2014
A loggerhead sea turtle is seen at the Tamar Project (The Brazilian Sea Turtle National Conservation Program) headquarters in Praia do Forte, Bahia state, Brazil. 
Yasuyoshi Chiba/AFP/Getty Images

A day in the life of a payphone

May 22, 2014
New York City has about 10,000 public payphones. But who's using them?

What Thailand's political climate means for the economy

May 22, 2014
In the past, instability hasn't had much effect.

Superfood fads: Super distracting for global farmers?

May 22, 2014
What miracle "superfood" trends mean for developing countries' agriculture.

Oh Canada... the black hole for U.S. stores

May 22, 2014
Why has Canada proved so difficult for U.S. business?
A Sears store at Chinook Centre in Calgary, Alberta, Canada. Sears Canada today posted a steep fall in quaterly sales.
Thivierr/ Wikipedia.org

Ragu: the way many of us learned to love 'Italian' food

May 22, 2014
Ragu was heavily advertised in the '60s, bringing red sauce to Americans at large.

Don't wash your jeans, freeze them.

May 22, 2014
Two CEOs gave some jean-ous advice Thursday.

Why population growth isn't always an economic boon

May 22, 2014
New census says seven of the 15 fastest growing communities in the U.S. are in Texas.

As Sears Canada today posts its steepest fall in quarterly sales in almost five years, we look at why Canada has proved such a difficult terrain for US businesses. Plus, Unilever is selling its Ragu brand to a Japanese conglomerate, the latest passage for the spaghetti sauce that brought Italian cooking into the mainstream in the U.S. We look at the cultural and culinary history of Italian-American food and its banner sauce (which is in fact a marinara, not a ragout). Also, new census figures say 7 of the 15 fastest growing communities in the U.S. are in Texas – places like Cedar Park, Frisco and San Marcos. But that growth doesn’t necessarily translate to wealth. In San Marcos, the median household income is just $26,000, far less than the state median of $49,000.