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Business And Economy

The Takeaway

This Week's Agenda: Hollande, Merkel, and Gay Marriage

Monday, May 14, 2012

On the agenda this week: France's new president Francois Hollande travels to see German Chancellor Angela Merkel within hours of being sworn in. And both leaders travel to Camp David at the end of the week for a G8 meeting. Also, gas prices are down, and JP Morgan executives are leaving —will the campaigns continue to discuss gay marriage, or will the focus turn back to the economy?

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The Takeaway

JP Morgan Chase Announces $2 Billion Loss

Friday, May 11, 2012

In a major hit for Wall Street, JP Morgan Chase disclosed a $2 billion loss on Thursday related to its credit investment portfolio. The trickle down effect could mean a loss of another $800 million in the second quarter for the bank’s Chief Investment Office. The Takeaway talks with Michael de la Merced, reporter for The New York Times' Deal Book.

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The Takeaway

What Obligations Does College Have to the Post-Collegiate Life?

Thursday, May 10, 2012

One of the most heated debates about education these days largely revolves around the fallout of the recession: with higher unemployment and fewer jobs available, many are quick to blame college education for its lack of practical applications in the workforce. But is this fair? Liz Coleman, President of Bennington College, is trying to reorient what we expect of education, and how that relates to employment.

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The Takeaway

Finding the Brighter Side to America's Economic Decline

Thursday, May 10, 2012

Since the financial collapse in 2008, Americans have become accustomed to hearing grim news about the state of the economy. But author and economics editor Daniel Gross has a more optimistic take. In his new book, "Better, Stronger, Faster: The Myth of American Decline and the Rise of a New Economy," Gross argues that the country's initial reaction to the economic hardships have paved the way for a brighter, stronger future.

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The Takeaway

Edward Conard Argues for Income Inequality in 'Unintended Consequences'

Thursday, May 10, 2012

In 1987, Wall Street came to be personified by the Oliver Stone film of the same name, by Michael Douglas’s Gordon Gekko. "The point is, ladies and gentlemen, that greed, for lack of a better word, is good," Gekko famously preached. Today, the Occupy Wall Street Movement seems to be fighting against this same idea. How, exactly, does the one percent feel about that? Edward Conard, former managing director of Bain Capital, offers his opinion.

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The Takeaway

Men — You Talk Too Much

Wednesday, May 09, 2012

You see it in movies all the time, and on the stage of life. Accomplished women being silenced by louder, more dominant men. And now there’s proof of just how often this happens – not just among attention-hungry celebrities, but in ordinary boardrooms. Tori Brescoll, assistant professor of organizational behavior at Yale, analyzed male and female behavior on the Senate floor and asked more than 200 men and women to describe how they respond to powerful women in the workplace. She joins us now to explain her findings.

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The Takeaway

Klout Scores Rank Online Influence: How Do You Measure Up?

Wednesday, May 09, 2012

President Obama’s score is 91. Lady Gaga’s is 94. But Justin Bieber is the man to beat, with an all-time high score of 100. On what metric does the President of the United States lose out to pop stars? It’s not about style, humor or staying in key. It’s about Klout. As Anthony Wing Kosner, web developer and contributor to Forbes.com explains, and we hear from Sam Fiorella who failed to get a job because of his low Klout score.

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The Takeaway

Advice on Employment After Graduation

Wednesday, May 09, 2012

It’s May, the beginning of graduation season in America. And all this week, we’re looking at the realities that this year’s grad will be facing. Yesterday, we talked with two experts about the economic landscape 2012 college grads are entering. Today, we're continuing the conversation with advice from a 2010 college grad to a 2012 college grad.

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The Takeaway

Listeners Respond: Advice for College Graduates

Tuesday, May 08, 2012

We had a great response to today's conversation about this year's crop of college graduates. Check out this collection of responses from viewers, who called, texted, and posted advice for those facing the job market for the first time.

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The Takeaway

How Do We Measure Economic Change?

Tuesday, May 08, 2012

It's a fact: Our workforce is shrinking. And as it shrinks, the unemployment rate is also shrinking. Critics of President Obama have been quick to say the president hasn't actually created jobs — the falling unemployment rate just means fewer people are trying to find work. If the job growth is an unreliable figure, and the unemployment rate is an unreliable figure, how do we measure economic change?

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The Takeaway

Chesapeake Energy: Could This Be the Next Enron?

Friday, May 04, 2012

This week, Chesapeake Energy CEO and billionaire Aubrey McClendon is coming under fire for potential conflicts of interest after a Reuters report found he oversaw a hedge fund that traded natural gas futures while he served as chairman and CEO of America’s second largest natural gas company. Bethany McLean is co-author of "The Smartest Guys in the Room: The Amazing Rise and Scandalous Fall of Enron." Jeff Goodell is a Contributing Editor at Rolling Stone Magazine where he has been covering the Chesapeake Energy story.  

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The Takeaway

CEO of GM Answers Questions Ahead of Earnings Announcement

Thursday, May 03, 2012

Today, General Motors announces its first quarter earnings as Americans debate whether the auto bailout was worth the investment. Celeste interviews the CEO and chairman of General Motors, Dan Akerson, about how the company has faired since it was restructured by the federal government in 2009.

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The Takeaway

Rupert Murdoch's State-Side Influence

Wednesday, May 02, 2012

A British Parliamentary committee's report on Rupert Murdoch has declared that the 81-year-old News Corp. CEO "is not a fit person to exercise the stewardship of a major international company." Jess Todtfeld was a Fox News producer for 13 years and now owns a media training company. Todtfeld believes that Murdoch's willingness to invest in the news represents a unique point in the American media landscape.

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The Takeaway

John Hockenberry, Halibut Fishing in Seattle

Friday, April 20, 2012

John Hockenberry is broadcasting from KUOW in Seattle this week. While he's in town, he's reporting on the city's diverse economy. Seattle may be home to industry leaders like Starbucks, Amazon, Microsoft, and Boeing, but the city grew up along the port, and the fishing industry is still a major part of Seattle's economy. John traveled to Seattle's Fisherman's Terminal to speak with a number of halibut fishermen who's families have spent generations in the industry. He talks to them about the fishing economy, the gossip on the boat, and, of course, what they think of "Deadliest Catch."

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The Takeaway

This Week's Agenda: Financial Concerns in Spain and Italy, Israel-Palestine Talks, Fragile Ceasefire in Syria, Romneys' First Interview

Monday, April 16, 2012

Discussing the news for the week ahead are Marcus Mabry, editor-at-large at The International Herald Tribune and Charlie Herman, business and economics editor for The Takeaway and WNYC Radio, discuss the news for the week ahead, including the end of a ceasefire in Syria, Israeli-Palestine talks, rising Eurozone borrowing costs, and the Romneys' interview with Diane Sawyer.

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The Takeaway

Michigan's Blue Economy

Wednesday, April 11, 2012

When people think of Michigan's economy, they generally think of places like Detroit and Flint, and of the state's once great automobile manufacturing sites. But Martina Guzmán of WDET takes a closer look at the economic benefits of one of the Great Lakes State's most tried and true resources: water.

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The Takeaway

This Week's Agenda: Suspects Arrested in Tulsa Shooting, Grand Jury in Trayvon Martin Case, Corporate Earnings Released

Monday, April 09, 2012

Charlie Herman, business and economics editor for The Takeaway and WNYC and Callie Crossley, host of The Callie Crossley Show on WGBH, explore the stories for the week ahead, including the shootings in Tulsa, Trayvon Martin developments, jury selection for John Edwards trial, and inflation reports.

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The Takeaway

New Census Data Reveals Shift from Suburbs to Cities

Friday, April 06, 2012

New Census data released Thursday shows that the annual rate of growth in American cities has now surpassed that of the suburbs for the first time in 20 years. Lawrence Levy, executive dean of the National Center for Suburban Studies at Hofstra University, joins us to discuss why that shift is occurring.

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The Takeaway

Follow Friday: Trayvon Martin, Mitt's Primary Sweep, and Yahoo's Huge Layoffs

Friday, April 06, 2012

Every Friday, The Takeaway convenes a panel to look back at the week's big stories. This week we hear more anger stemming from the shooting death of Trayvon Martin, the significance of Mitt Romney's recent primary wins, and what's left of Yahoo after a mass layoff. This week we're joined by author and blogger Jeff Yang, journalist and blogger Farai Chideya and Republican political strategist Ron Christie.

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The Takeaway

End of Month Hunger Affects Student Discipline

Thursday, April 05, 2012

A study of schools throughout the city of Chicago has found that detention and suspension rates increase towards the end of each month and sharply decrease at the beginning of the next. The main culprit, they believe, may be the students' diets. The study links the behavior with spending patterns associated to the national food-stamp program, SNAP. Lisa Gennetian, managing director of the behavioral economics research think tank Ideas42, thinks it's time for a change.

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