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Marketplace for Wednesday July 9, 2014

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Citigroup is close to reaching a $7 billion settlement with the Department of Justice over allegations that it sold shoddy mortgages. The J.P. Morgan Chase settlement back in November was $13 billion, which raises the question: How does the Justice department come up with sich a number? Plus, Alcoa, a mega producer of aluminum, is trying to go the route that other founding U.S. corporations have gone by getting out of the commodity business it was built on and moving into more specialized products with less competition and higher profit margins. Also, the Bureau of Labor Statistics says employers are advertising more jobs. But that doesn’t mean they’re actually doing the hiring for those positions. 

Segments From this episode

Brought to You By

How resorts ended up in those oval car decals

by David Weinberg Jul 9, 2014
Decals originally to mark country-of-origin came to state resort-of-choice

Golden Road bets big on craft beer

by Kai Ryssdal Jul 9, 2014
A trip to a fast growing brewery in Los Angeles, Golden Road Brewing.
Final Note

NCAA president advocates "scholarships for life"

by Kai Ryssdal Jul 9, 2014
Mark Emmert defended the NCAA model...while proposing some changes.

Alcoa wants to be known for more than aluminum

by Dan Weissmann Jul 9, 2014
Alcoa's bid to brand itself an "innovation powerhouse" recalls its roots.

What's in a settlement?

by Stacey Vanek Smith Jul 9, 2014
Citigroup is rumored to be close to a $7 billion settlement with the Justice Department. How does the DOJ set its fines?
Learning Curve

Keeping paperwork from blocking the road to college

by Tim Lloyd Jul 9, 2014
How technology can help students handle what comes after the acceptance letter

Music from the episode

Mathematics Mos Def
Andy Last Dinosaurs

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