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Marketplace for Wednesday, February 27, 2013

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The College Board announced today that it’s redesigning the SAT again to better meet the needs of today’s students. Several Budweiser drinkers have filed a class action suit because they feel the company’s watered down its product so much that the labels are misleading. Apple agreed to settle a lawsuit today brought by angry parents whose kids racked up big bills on iTunes. Mark Garrison examines what taxpayers awaiting their refund from the IRS will face this year, after the fiscal cliff delays and with the impending sequester cuts. a double whammy. And we hear about the racial wealth gap in the United States, and why it’s tripled in the past 25 years.

Segments From this episode

Final Note

CEO Jamie Dimon: JPMorgan 'benefits from downturns'

by Kai Ryssdal Feb 27, 2013
Things that kill mere mortals only make JPMorgan Chase stronger.

The SAT gets a makeover

by Sabri Ben-Achour Feb 27, 2013
The country's best-known standardized test is remaking itself once again as it comes under pressure from colleges and competitors.

No app for that: Apple to settle iTunes lawsuit

by Stacey Vanek Smith Feb 27, 2013
Apple has agreed to pay some $100 million to settle charges it improperly charged children for iTunes purchases. The payment: mostly iTunes gift cards.

Budweiser accused of selling watery beer

by Eve Troeh Feb 27, 2013
Consumer lawsuits say Budweiser and other beers bought by the Belgian brewer InBev don't contain the full 5 percent alcohol claimed on their bottles.

In Kenya, increasing interest in data mining

by Julia Simon Feb 27, 2013
The growth of Kenya's increasingly-affluent middle class has brought a consumer explosion. Now there's mounting international interest in mining that data to improve businesses' profitability.
6 degrees of sequestration

Sequester threatens to delay tax refunds

by Mark Garrison Feb 27, 2013
Taxpayers face a double whammy thanks to the sequester. The budget cuts could delay IRS refunds. That's after the fiscal cliff debate delayed the start of filing season.

Wealth gap grows between black and white in U.S.

by Kai Ryssdal Feb 27, 2013
The racial wealth gap in the United States has tripled in the past 25 years.
Shelf Life

How food companies keep us coming back for more

by Kai Ryssdal Feb 27, 2013
What makes the food we crave so delicious? The simple and yet so complex combination of salt, sugar and fat, says a new book by Michael Moss.

Music from the episode

Wide Eyes Local Natives
Motion Sickness Hot Chip

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