Streams

09-30-14 - Marketplace - Birthday cake for HealthCare.gov?

Tuesday, September 30, 2014

Today eBay announced that it’s going to split with PayPal and make both entities separate companies. Will PayPal users actually notice? In other tech-companies-talking news, Netflix has forged a deal with the Weinstein Company to stream a sequel to the hit movie “Crouching Tiger, Hidden Dragon” next year on the same day the movie is released in selected theaters. This disrupts the current movie distribution system, which mandates a delay between a movie’s release in theaters and its being made available in other forms – DVD, Pay TV and Video on Demand platforms. And finally, it's the anniversary of the launch of HealthCare.gov. We check in.  

Comment

09-29-2014-Marketplace- Protests in Hong Kong

Monday, September 29, 2014

Three days of pro-democracy protests in Hong Kong have nearly shut down the city. They’ve also made financial traders around the world nervous. Prices dropped on Asian and European exchanges today and U.S. stocks also opened lower. Why what happens in Hong Kong matters to U.S. and global markets. Meanwhile, Facebook has launched its rebuilt advertising platform. Atlas, as it’s called, will let marketers use the knowledge and information the company has of its users to target them on mobile apps and websites. Why has it taken so long for Facebook to launch this, and what impact will it have on the company’s competitors and users?

Comment

09-26-2014-Marketplace-Hello ello

Friday, September 26, 2014

Hundreds of flights were grounded in Chicago this morning after a fire at an air traffic control facility. O’Hare is the second busiest airport nation and home to hubs for both American and United airlines. How often do these types of shutdowns happen and what are the economic ripple effects across the country? And, social media upstart Ello made a lot of noise online this week by positioning itself as the anti-Facebook, promising no ads, no data mining, and to stop treating people as "a product that's bought and sold." Apparently, those are words many wanted to hear, as the site was welcoming 4,000 new users per hour midweek. But the question remains, how do you make any money if you aren't selling advertising and scraping user data?

Comment

09-25-2014-Marketplace-Virgin vacation

Thursday, September 25, 2014

The mobile refineries the U.S. is bombing are so small they could almost fit in a pickup truck. We look at this microrefinery world and ask what the pros and cons are to blowing up ISIS’s oil-refining stuff. Richard Branson has told 170 employees at Virgin's head offices to take as much vacation time as they'd like. We look at the behavioral angle — what are the forces at work when a boss tells his employees he trusts them implicitly with time off — and do people tend to take more or less leave? The Federal Aviation Administration is expected to announce today its approval of drones for Hollywood filmmaking.  A number of video-productions firms have applied for permits for the camera-equipped drones. How will the FAA's decision affect the current provider of ariel shots in the industry — the more costly helicopters and airplanes?    

Comment

09-24-2014- Marketplace- Walmart Turns To Banking

Wednesday, September 24, 2014

Walmart is branching out into the banking industry. It's partnering with the prepaid credit card provider Green Dot to offer checking accounts to anyone over 18 who passes an ID check. Walmart says the low cost service will not require a minimum balance and will not charge fees for overdrafts or bounced checks. So what's in it for Walmart? Also, the U.S. launched at least 47 Tomahawk missiles targeting militant strongholds in Syria Monday night. These are the same missiles the Pentagon had wanted to phase out the purpose of over the next several years. What are the costs of these missiles? And how long will they be maintained during this campaign?

Comment

09-23-2014- Marketplace- Gender Balanced Clinical Trials

Tuesday, September 23, 2014

Washington wants to put the brakes on U.S. companies that skirt taxes by merging with foreign companies. In the money world, we call that inversion. But will Jack Lew’s newly announced policies really make a difference? Plus, the National Institutes of Health announced today that it will give $10.1 million in grants to more than 80 scientists to work on gender balanced clinical trials. At present, most researchers work exclusively with male lab animals. They say that the hormonal cycles of female animals could skew study results. How will this $10.1 million help reverse gender bias in science research? We investigate.

Comment

09-22-2014- Marketplace- Will Gotham Rescue Fox?

Monday, September 22, 2014

Just a week after the launch of Apple's iPhone 6, Blackberry is hoping to ride the smartphone wave with the introduction of its newest device, the Passport. Blackberry sales have been less than stellar in recent years, but it's banking that this new phone, designed in a partnership with Porsche, will pull the Canadian-based company out of the financial doldrums by appealing to a niche smartphone market. Plus, it’s the start of the fall season and the once unbeatable television network FOX has taken a few hits of late since the audience decline of American Idol. Could the much anticipated show Gotham, which premieres tonight, help improve Fox’s ratings woes? We report. 

Comment

09-19-2014- Marketplace- This may Suit SAP

Friday, September 19, 2014

As Alibaba, the Chinese e-commerce behemoth, debuts on the New York Stock Exchange we look at its ambitious founder Jack Ma and consider his significance. Plus, entrepreneur Jesse Herzog has designed a new kind of work suit and it’s a one piece suit with a twist. He calls it the suitsie. The concept might make you laugh (or not), but its creation begs the question: when did workplace dress codes, especially for office workers start to change? We investigate. Also, if your workplace has had you book travel plans on a website, chances are you used programming from the software company, Concur. Well, the Seattle-area based company is being gobbled up by another software giant, SAP. The cost of the deal for the German-based company? Over $8 billion. The acquisition is also expected to increase SAP's number of users for its cloud-based technology from 38 to 50 million users.

Comment

09-18-2014- Marketplace- Space Race Gets Added Boost

Thursday, September 18, 2014

Nearly half of all households in major cities don’t have enough money saved to cover essential expenses in an emergency, according to a new study from Corporation for Enterprise Developments. We look at how much people are benefiting from the recovering economy when a job loss or major medical bill can derail their financial lives. Plus, the commercial space race is getting an added boost. Blue Origin, Jeff Bezos’ space venture, has announced a partnership with another space company to develop a new rocket engine. One that could potentially replace the Russian engines the US relies on – and gain an advantage over his rival, Elon Musk. Also, tomorrow the White House will unveil its campaign effort to curb sexual assaults on college campuses. It's called "it's On Us" and it focuses on the men's role in preventing sexual violence. Schools have been responding with training programs, tighter security etc.  But there is a cost to getting these programs off the ground.

Comment

09-17-2014- Marketplace- NFL Pressure Points

Wednesday, September 17, 2014

Yahoo is one of the biggest investors in Alibaba and the company stands to gain billions in the coming IPO. So what will Yahoo do with all that cash? Plus, the Fed’s Open Market Committee meeting concludes its two days of meetings in Washington today. Fed Chair Janet Yellen has hinted that interest rates could soon be on the upswing. But today’s CPI numbers came in lower than expected, and inflation continues to hover below the Fed’s 2 percent target. How much do low inflation rates complicate the Fed’s plans to raise interest rates? Also, not a good time to be embattled NFL commissioner Roger Goodell. Anheuser-Busch has fired a warning shot to the NFL, and hotel chain Radisson has pulled its corporate sponsorship from the Minnesota Vikings. But are some levers more powerful than others? 

Comment

09-16-2014-Marketplace- The Real Costs Of Climate Change

Tuesday, September 16, 2014

Whether it’s due to a weak slate of Fall shows or competition from the Web, big television networks are seeing a worrying decline in advertising revenue this quarter. Optimistic network execs see it as a blip, but could it be a signal of a bigger shift in the future of advertising to the masses? Also, a report says the cost of addressing global warming shrinks considerably when you consider the trillions the world is generally spending on power generation, transportation and infrastructure. The report’s proposals, however, still butts up against political realities. We investigate.

Comment

09-15-2014- Marketplace- Philanthropies Lead Ebola Take-Down

Monday, September 15, 2014

Clothing retailer ‘The Limited’ announced that it has teamed up with ‘Scandal’ star Kerry Washington and Lyn Paolo, the show’s costume designer, to launch a clothing line inspired by the hit TV series. We look at why retailers are increasingly going in this direction and how successful it's been for them. Plus, Microsoft co-founders Paul Allen and Bill Gates have committed a collective $59 million to fight the deadly Ebola outbreak in West Africa, substantially more than the U.S. government has so far put up to help end this Ebola epidemic. We explore what has changed and why philanthropies have felt the need to take the reigns in combating an acute international health crisis.

Comment

09-12-2014- Marketplace- Just Add Salt

Friday, September 12, 2014

As the U.S. prepares to attack ISIS militarily, what implements of financial mass destruction does America have at its disposal to damage the fund-raising efforts of a non-state actor? Plus, logic suggests that a television show that receives high ratings, even on a cable channel, would have some longevity. But that’s not the case with the A&E show, Longmire. The show was abruptly cancelled after three seasons, despite millions of loyal viewers. Why did they pull the plug on Longmire? Also, the boardroom battle between Starboard  and Darden, parent of Olive Garden, is heating up as a shareholder vote nears. Starboard, the activist hedge fund trying to take control, released a 300-slide presentation yesterday on what it will do to increase shareholder value. Get ready for fewer breadsticks and saltier pasta water. 

Comment

09-11-2014- Marketplace- Twitter Needs Help

Thursday, September 11, 2014

The NFL is arguably the country’s most powerful sports league. We look at the wide range of NFL corporate tie-ins and business interests that make this behemoth a multibillion-dollar concern. Plus, the SEC is going after the small fry. As part of its “broken windows” policy, it’s fining companies and individuals for small infractions and reaping small sums. But this is about more than just reminding Wall Street that the SEC is out there. It’s about showing how the agency, and its attitude toward enforcement, has changed under new management. Also, Twitter goes to the bond market in an effort to raise as much as $1.5 billion. This is likely an attempt to build up its advertising business, but Twitter remains unprofitable and borrowing is cheap. So what does this tell us about the economy?

Comment

09-10-2014- Marketplace- Phone Carriers Change Plans

Wednesday, September 10, 2014

Today, President Obama is expected to discuss his plan for sustained military operations against the Islamic State, or ISIS. We explain why that could be a game-changer for the U.S. defense industry. Plus, carriers that have traditionally subsidized the cost of phones, like Sprint and Version, have released new phone plans for the iPhone 6. But how do they keep their margins high whilst ensuring affordability for their customers? We a take look at how mobile phone carriers have responded to the release of the iPhone 6. Also, a report by the Kaiser Family Foundation shows that the Affordable Care Act has made few waves in the employer-based insurance market where 58 percent of all Americans get their health coverage. And while it may be a long way off. How employees get their insurance could look very different than it does today.    

Comment

09-09-2014- Marketplace- Too Many Grads For Jobs Available

Tuesday, September 09, 2014

More employers are requiring college degrees for jobs that don’t really require skills learned in college — and are held mostly by people now who don’t have degrees, according to a new study. Why? Because they can. Does that mean we're producing too many grads for the jobs available to them? Plus, Home Depot's stock price is taking a beating after hackers breached the company's payment systems last week. Are retailers, like Target and Home Depot, doing enough to protect themselves and their customers from credit card hackers? We explore.

Comment

09-08-2014- Marketplace- To Spend Or Not To Spend

Monday, September 08, 2014

President Obama has asked Congress for $500 million to "train and equip appropriately vetted elements of the moderate Syrian armed opposition.” So, what do you get for $500 million? And how do you ensure your spending is not equipping the wrong people? Plus, the Chinese company, Alibaba, is having trouble helping potential investors understand just what it is the company does. The vast majority of its business is done overseas in a different language. So, what does it do? Also, today’s the last day to comment on a proposal that would make the revenue of stores, both super and corner, from food stamps public. We explain why it’s an issue and what the public has to say.

Comment

09-05-2014- Marketplace- The Power Of YouTube Videos

Friday, September 05, 2014

Tesla’s huge bet on a giant battery factory is a bet on the present while the future races on. Tesla is counting on fab efficiency to cut prices on an established type of battery, while research on new types makes it hard to even envision what other devices they’ll make possible in the near future. Plus, Goucher College in Baltimore switches its admissions policy to allow students to skip high school transcripts and submit a two-minute video instead. With liberal arts schools struggling to fill classes, will a play at “creativity” over grades boost the school's attendance? Also, ABC has just announced the lineup for its 19th season of "Dancing With the Stars," which includes 18-year-old YouTube sensation Bethany Mota. The Disney-owned network hopes to lure Mota’s 7 million-plus online followers back to prime-time TV, but will the strategy work? 

Comment

09-04-2014- Marketplace- "It's Shonda Night"

Thursday, September 04, 2014

The European Central Bank today made a surprise decision to cut interest rates and promote stimulus. Though some say this move comes too late in the day to be much help to European economies, others welcome the cut as a bold move. We look at the ramifications of the decision in Europe and for the U.S. Plus, the days of wild gains in productivity feel like so long ago. There was a huge dip in the first quarter, and revised figures out today show there’s only been slow growth in the last year. We put it into context. Also, facing off against Thursday Night Football… Shonda Rhimes!!! ABC has stacked its prime-time lineup with three dramas by the woman who has changed the look of prime time with her diverse casts. What do Rhimes’ dramas bring, and how’s ABC’s “It’s Shonda Night” strategy likely to work?

Comment

09-03-2014- Marketplace- Apple Crisis And Retail Hackers

Wednesday, September 03, 2014

Under Armour, the sports clothing for people who look good with or without it, is aggressively moving to broaden its market. Just today it picked up model Gisele Bündchen as an endorsee. So what’s Under Armour’s corporate je ne sais quoi? We investigate. Plus, the security breach that exposed celebrities photos that had been stored in iCloud creates a major PR problem for Apple, whose image is on the hook regardless of the particulars of the breach. We look at how the company will handle it, and how a hack of the cloud – taking personal information like photos – is very different than a hack at a retailer – taking a person’s credit card number. Also, Fashion Week in New York starts tomorrow. Apparently fashion designers are having trouble standing out from the crowd with all the noise and fluff surrounding the week. We take a look at how a designer differentiates him or herself? 

Comment