Marketplace : About
Airs weekdays at 6:30pm on 93.9 FM and AM 820
What's happening on Wall Street? When did old-fashioned "firing" become "downsizing"? And what motivates a 16-year-old grocery clerk in Illinois to invest in a stock portfolio? Hear these and other financial items. Marketplace is not only about money and business, but about people, local economies and the world — and what it all means to us. The only national daily business news program originating from the West Coast, Marketplace has four domestic bureaus—in New York, Miami, Washington, D.C. and Los Angeles, plus international bureaus in London and Beijing.
Latest Stories from Marketplace
Last updated: Thursday, March 05 2015 12:14 AM
Wednesday, March 04 2015 05:54 PM
Airing on Wednesday, March 4, 2014: Toyota’s appointment of a French executive as its first executive vice president from outside Japan is a cultural landmark as well as a business one. Japan frets over its economic “Galapagos Syndrome,” a concern that its cultural insularity makes it noncompetitive in global markets. Toyota’s move to open its top ranks is a major shift we look to explore. Plus, off the back of the revelation that Hillary Clinton used private emails for State department business, we ask whether, and to what extent, other corporate leaders also do this, why they do this, and what the regulatory and security implications are. Also, the small all-girl liberal arts college Sweet Briar will pull the plug on itself, at the end of the semester because of “insurmountable financial challenges”. While Sweet Briar may be unusual for doing this before things totally fall apart, lots of small liberal arts schools, especially regional ones, are facing the same scary future. We investigate.
Tuesday, March 03 2015 05:45 PM
Airing on Tuesday, March 3, 2015: Israeli Prime Minister Benjamin Netanyahu’s address before a joint meeting of Congress this morning was about Iran and its nuclear program. But it was also about politics. And where politics go, money is sure to be close behind. We investigate. Plus, the dating app Tinder just came out with a premium model. If you want to swipe through more than 100 profiles you'll have to pay up — $10 a month for users under 28 and $19.99 for anyone older. How will this new pricing affect how consumers use the plus version of the popular app given its lack of endless, free swipes? This and more.
Monday, March 02 2015 05:40 PM
Airing on Monday, March 2, 2015: Google is going into the mobile business and will begin building out a network in the coming months. We look at why the tech giant has decided to venture into this sector, how it will work, and how it make money in this crowded marketplace? Plus, in a short amount of time Fiat-Chrysler is transforming the iconic but American-centric Jeep into an international brand. The Jeep renegade is now built in Brazil and Italy and will soon start production in China and India. The company expects to be rewarded with a huge increase in sales. We investigate.
Friday, February 27 2015 06:11 PM
Airing on Friday, Feb. 27, 2015: "It can’t be warming. There’s snow outside." Social media went bananas yesterday after a video surfaced of Senator Jim Inhofe of Oklahoma pitching a snowball to an intern on the Senate floor. Inhofe is selling doubt, which is a powerful force in maintaining the status quo. And the status quo, you may not realize, is a powerful economic force. We explain. Plus, you may not know it, but different countries have different release days for new records. For instance, Britain releases records on Tuesday. Starting this summer, the industry will move to a universal release date of Friday. The move is intended to cut down on piracy by dropping all new music at the same time. But that has other cost consequences and not everyone in the industry is all TGIF about the new policy. Also, under the FCC’s new net neutrality rules, broadband providers like Comcast and Verizon have to treat all internet users the same. Can’t speed ‘em up, can’t slow ‘em down. So who is a at an advantage or disadvantage when an already huge user like Netflix unloads 13 hours of a popular show, as it just did with the new season of “House of Cards.” This and more.
Thursday, February 26 2015 06:18 PM
Airing on Thursday Feb. 26, 2015: Oil prices are moving up and down every day as all kinds of traders try to predict where prices will land in the future. In the last two days we've seen how different kinds of contradictory data can move prices in what might seem odd directions. The U.S. reported its biggest oil glut in 30 years, yet the global Brent price shot up because of other indications that supplies may fall and demand may rise. The U.S. price, meanwhile, stayed pretty much where it was. We explore. Plus, Facebook wants to do more in suicide prevention and, after consulting with various mental health professionals, has come up with a new tactic. Soon, if you see a post on Facebook that suggests your friend may be suicidal you will be able to report it directly to the company. Facebook will then reach out to the poster offering support. Is there any risk to this corporate strategy and what are the privacy implications here? We investigate.
Wednesday, February 25 2015 05:52 PM
Airing on Wednesday Feb. 25, 2015: TJX, the parent of TJ Maxx and Marshalls, just announced it will boost its base pay to $9 an hour by this summer, and $10 an hour by 2016. In light of Wal-Mart’s recent minimum wage hike, is this the first sign of a tightening labor market in low-wage retail? We investigate. Plus, as Google proposes a new headquarters in Mountain View, the small city has mixed feelings about the economic growth within its borders. Mountain View’s not going to become a company town in the old sense, but it is going to have to change, build housing and grow because of Google — all things that Silicon Valley cities have resisted for decades.
Tuesday, February 24 2015 03:53 PM
Airing on Tuesday, Feb. 24, 2015: In case you haven't heard, Boston's been getting pounded with snow every few days, for weeks. Boston's mass transit system, the oldest in America, broke down under the stress. Trains and buses are running late, if at all. How are employers handling an ongoing situation where employees are late for work on a daily basis? We investigate. Plus, the EPA is asking car makers to follow stricter rules in measuring their vehicles' gas mileage to insure at least some uniformity, if not produce estimates that drivers might find more accurate. Also, in her testimony before the Senate today, Fed Chair Janet Yellen swatted away the “Audit the Fed” calls. But when Senator Rand Paul and others say “Audit the Fed,” what they really mean is something more political than monetary. We explain.
Monday, February 23 2015 05:46 PM
Airing on Monday, Feb.23, 2015: The president wants to stop unscrupulous brokers from flogging investments to consumers that kick back fees to the brokerage. These kinds of dodgy investments cost consumers one percent a year, on average. That may not sound like much, but one percent a year is worth a lot to a saver, thanks to the miracle of a magical thing called compound interest. We explain. Plus, this week’s political hot potato is funding for the Department of Homeland Security, which is set to expire on Friday. But no matter what happens with DHS spending, there’s a much bigger problem at the sprawling agency: low morale. It consistently ranks worst for morale among large government agencies. This and more.
Friday, February 20 2015 05:31 PM
Airing on Friday, Feb. 20, 2015: Okay, we’re gonna take the rumors seriously and ask, “If Apple is getting into the car business, what does that look like?” Plus, the Baker Hughes Rigs Counts are out today. They’re considered an important indicator of the health of the energy and drilling industries. But some question whether they’re as indicative or relevant as they once were. We investigate. Also, we dive into the belly of the nationwide food supplier, Sysco. They are the biggest distributor of foods in the country and are looking to expand, joining yet another company. But the Federal Trade Commission is not having it and filed a lawsuit to stop the merger. We take a look at the surprising reach of Sysco.
Thursday, February 19 2015 06:01 PM
Airing on Thursday, Feb. 19, 2015: Walmart announced a mass raise today to some 500,000 employees. By April, these workers will make $9 an hour and by next year this time, it will go up to $10. We speak to two workers to find out what difference this will make in their lives. These higher wages also mean rising costs. So how will Walmart shareholders react to this new paradigm in their operating trajectory? This and more!
Wednesday, February 18 2015 06:06 PM
Airing on Wednesday, Feb. 18, 2015: A year ago, the teen-fad social-media company Snapchat was valued at $10 billion. Its latest investors value it at $19 billion. We look at what’s happened in that time. Is the doubling in valuation due to the discovery of a business model, potential, or momentum among investors? We explore. Plus, we report on a Texas College that is revamping itself as a place where students work their way through four years. This is not just a few hours in the library, rather a significant job at the school— work that will reduce their tuition. Also, the Producer Price Index has released its industrial production and housing starts numbers for January. They’re okay... They're not great. And in aggregate they paint a picture of a still-struggling economy.
Tuesday, February 17 2015 06:03 PM
Airing on Tuesday, Feb. 17, 2015: Word is that the labor dispute is close to a resolution, so what happens now? We’ll look at how we unwind this beast, including what happens to all the perishable stuff. Plus, a recent ruling by a Texas judge stayed President Obama’s executive action to prevent millions of undocumented immigrants from facing deportation. We look at the ruling’s economic impact. Then, hard drives have been compromised by agencies — possibly governmental — that have embedded malware in the systems. How will these hard drive manufacturers respond to this story? And how will the computer manufacturers that buy these hard drives respond? How can you assure security and reassure consumers? We investigate.
Monday, February 16 2015 05:45 PM
Airing on Monday, Feb. 16, 2015: The Federal Aviation Administration proposed a set of regulations regarding the use of drones, Sunday. We look at what commercial uses are possible under the FAA’s proposed rules, and how the rules would have to change to accommodate the largest proposed use, delivery. Plus, the cyber hackers who stole millions from banks over the past two years are …bank robbers! These hackers stole money digitally by doing many of the same things that bank robbers do. We look at what this means for banks. Also, Egypt is stepping away from the U.S. being its sole supplier of military weaponry. Why did Egypt decide to break the U.S. monopoly and what does it say about the U.S.’s influence in the region. We investigate.
Friday, February 13 2015 06:09 PM
Airing on Friday, Feb. 13, 2015: European leaders are meeting to work out the thorny problem that is the Greek debt. Greece Finance Minister Yanis Varoufakis is an economist who specialized in game theory, so we look at what game theory is and whether Varoufakis is indeed using it in his ongoing negotiations.
Thursday, February 12 2015 06:14 PM
Airing on Thursday, Feb. 12, 2015: What happens when your ship comes in, and there’s no one there to unload your goods? We look at the ripple effect of the West Coast port strike. Plus, the choices are shrinking when it comes to online flight and hotel booking services. Weeks after snapping up Travelocity, Expedia announced a $1.6 billion buyout of another competitor, Orbitz, and competing giant Priceline is buying up smaller brands like Kayak. Who’s benefiting from all this? Also, we look at the new $17.5 billion International Monetary Fund loan package given to Ukraine. "It's a tough program, and it's not without risk," says the IMF chief.
Wednesday, February 11 2015 06:06 PM
Airing on Wednesday, Feb. 11, 2015: New dietary guidelines say cholesterol-rich foods like eggs, lobster and shrimp aren’t necessarily bad for us after all. What kind of ripple effect will these latest guidelines have in the food business? Plus, with Jon Stewart leaving "The Daily Show," we look at the corporate importance of the program in the Viacom universe. Also, the president wants to commit ground troops to combat ISIS. What does that mean in terms of soldiers and logistical support?
Tuesday, February 10 2015 06:47 PM
Airing on Tuesday, Feb. 10, 2015: Home Depot announces it will hire 80,000 temp workers for its spring season. We take a look at seasonal jobs and ask how many become permanent positions at Home Depot and similar companies. Also, software giant Microsoft completed the largest corporate bond sale of the year yesterday, selling $10.75 billion of its debt to investors. Why would the company do this now and what does the move say about the economy? Plus, since a half-billion online searches a month are for health ailments, Google says it will place the most accurate answers at the top of search results when people appear to be self-diagnosing. How will Google accomplish this? And what is the downside to turning to Google instead of your family doctor?
Monday, February 09 2015 07:18 PM
Airing on Monday, Feb. 9, 2015: "NBC Nightly News" took a ratings hit last week amid the Brian Williams controversy. At 36 percent, it was a big dip, but declining viewership for all network evening news shows isn’t, well, news. How relevant is the evening news in the 24/7 information era and do the networks see a good reason to continue their investment? Plus, Greece is at loggerheads with other eurozone nations over the terms of its bailout. The country’s tough-talking finance minister said that if Greece is forced out, the eurozone could unravel. Is Greece such a cornerstone, and why are other eurozone nations so reluctant to see it go?
Friday, February 06 2015 08:17 PM
Airing on Friday, Feb. 6, 2015: Goldman Sachs came in dead last in Harris Poll's annual corporate reputation survey. What does this mean for the company? Plus, the Labor Department's January jobs report shows a slight rise in unemployment along with rising wages and solid jobs growth. Who are the new members of this workforce and what jobs do they hold? Finally, Pope Francis will share his economic beliefs with the U.S. in a September address to Congress.
Thursday, February 05 2015 08:59 PM
Airing on Thursday, Feb. 5, 2015: Greece’s prime minister and finance minister are traveling around Europe meeting with senior European officials and leaders to persuade them to back the new government’s plans for changing the conditions of Greece’s bailout. We look at how much success they’re having. Plus, following the Anthem hack, we examine the hierarchy of hackable data. What is most valuable to hackers?