Marketplace for Tuesday August 5, 2014
Aug 5, 2014

Marketplace for Tuesday August 5, 2014

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The media company Gannet, which owns the newspaper USA TODAY, announced plans to separate its broadcast and digital division from its publishing division. The company added that this move will give the new separate companies ‘increased opportunities to grow organically’. Why has Gannett made this move now and will it pay off? We investigate. Plus, President Obama announced that U.S. corporations have pledged $14 billion worth of investments in African countries. We look at the kinds of projects U.S. companies are pursuing in Africa and where they are happening. Also, the DOJ is investigating GMs auto loan business amid speculation of fraudulent. The auto loan business isn’t so big that a loan freeze will create a systemic problem for the financial system, but if the government clamps down, people will suffer. 

Segments From this episode

Those little Intel microchips were famous, somehow

Aug 5, 2014
An interview with Michael Malone, author of "The Intel Trinity".

Can you sue GoPro if you crash your bike?

Aug 5, 2014
Devices and apps will face lawsuits from daredevils, but probably won't lose.

Banks' 'living wills' aren't looking so good

Aug 5, 2014
Banks still don't have realistic plans for an "orderly failure."

Gannett's print arm will fend for itself

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Aug 5, 2014
The media giant is spinning off its digital and broadcast side and buying Cars.com.

Justice dept. targets GM in subprime auto loan probe

Aug 5, 2014
These loans resemble the subprime mortgages that led to the financial crisis.

U.S. companies pledge $14 billion in Africa investment

Aug 5, 2014
Energy shortages are an obstacle to business and an opportunity for investment.

The Ukrainian rebel who started as a sci-fi writer

Aug 5, 2014
"We have this...fascinating phenomenon of a sci-fi writer playing real war games.”

The media company Gannet, which owns the newspaper USA TODAY, announced plans to separate its broadcast and digital division from its publishing division. The company added that this move will give the new separate companies ‘increased opportunities to grow organically’. Why has Gannett made this move now and will it pay off? We investigate. Plus, President Obama announced that U.S. corporations have pledged $14 billion worth of investments in African countries. We look at the kinds of projects U.S. companies are pursuing in Africa and where they are happening. Also, the DOJ is investigating GMs auto loan business amid speculation of fraudulent. The auto loan business isn’t so big that a loan freeze will create a systemic problem for the financial system, but if the government clamps down, people will suffer. 

Music from the episode