Marketplace for Tuesday April 22, 2014
Marketplace’s David Gura sums up the case between braodcasters and the firm Aereo and explains why it threatens to upend the way people consume television. Plus, the world’s greatest football team, Manchester United (which is listed on the NYSE and will report earnings Friday) has sacked its brand new manager after less than a season. David Moyes performed so poorly, and pissed off shareholders, supporters and players so effectively that he had to go. Why don’t companies move with this kind of alacrity against executives who fail to perform? Sabri Ben-Achour reports. Also, there are reports that Nike is making layoffs in its Fuel Band manufacturing plant, and might be exiting the wearable tech market – but shifting its focus to fitness software instead. We look at where that's going in the ultra-competitive world of wearable tech. Then, CVS says it will take customers’ health insurance payments at its more than 7,000 locations. We explain how much the chain stands to gain and what’s at risk as it diverges from its core business and into payment processing.