Sep 8, 2020

Reed Hastings on his vision for Netflix

Netflix CEO Reed Hastings delivers a speech in Paris earlier this year. Christophe Archambault/AFP via Getty Images

Plus: "Tenet's" box office performance, the thousands of furloughs turning into layoffs and Angela Merkel's economic legacy.

Segments From this episode

COVID & Unemployment

Furloughs turning into permanent layoffs as pandemic drags on

by Kristin Schwab

Sep 8, 2020

Job losses are moving past lockdown-hit businesses to other sectors that were doing fine for a while.

Every month a worker is on temporary unemployment, they have about a 10% to 15% chance of transitioning to a permanent separation, according to one labor economist.

Spencer Platt/Getty Images

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COVID-19

Retailers go "conservative"

by Marielle Segarra

Sep 8, 2020

Going into the fall and the holidays, retailers are being cautious about what they buy.

A reopened Urban Outfitters store in Santa Monica, California. Heading into fall, retailers are being cautious about having too much inventory.

Frederic J. Brown/AFP via Getty Images

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Corner Office

Netflix CEO Reed Hastings on culture, competition and what keeps him up at night

by Kai Ryssdal and Maria Hollenhorst

Sep 8, 2020

"The threats that get you are the substitution threats," Netflix's co-founder and CEO said.

Ore Huiying/Getty Images for Netflix

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COVID-19

Ulta beckons consumers back to buying beauty products

by Meghan McCarty Carino

Sep 8, 2020

Shutdowns and working from home have changed the market for personal care products during the pandemic.

Consumers are interested in experimenting with colorful eye makeup these days, says consultant Jonathan Greenway. "There's a much larger focus on anything above the mask," he said.

Jon Gordon/Marketplace

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COVID-19

"Tenet" took in $146m worldwide. So .... is that great? Or terrible?

by Jasmine Garsd

Sep 8, 2020

The action thriller cost over $200 million to make, opened in over 2000 US theaters over the weekend, making back just a fraction in what's typically the make or break weekend

A billboard for Christopher Nolan's film "Tenet" in West Hollywood, California, in August.

Valerie Macon/AFP via Getty Images

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Angela Merkel’s economic legacy: strong growth, ailing infrastructure

by Stephen Beard

Sep 8, 2020

As the German leader approaches the end of her long tenure in office, we assess her achievements and the challenges facing her country after her departure.

After 15 years as Germany's top leader, Angela Merkel is set to end her tenure next year.

Odd Andersen/AFP via Getty Images

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Music from the episode

Lush Four Tet

Brave New World The Foreign Exchange

You Know I'm No Good Amy Winehouse

Luv(sic.) pt3 (feat. Shing02) Nujabes, Shing02

Puff Lah KAYTRANADA

The team

Nancy Farghalli Executive Producer

Daisy Palacios Senior Producer

Maria Hollenhorst Producer

Sean McHenry Associate Producer

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