Business news

Business Insider wins a $343 million investment

Sep 29, 2015
Nova Safo

The German media giant Axel Springer said Tuesday it has paid $343 million to acquire almost all of the U.S. news site Business Insider.

The Berlin-based company, which already operates multiple newspapers and websites in Europe, said the acquisition expands its digital audience to almost 200 million users. Business Insider (which syndicates Marketplace content) is now valued at $390 million — up from $100 million last year. The site has a monthly unique audience of 76 million, according to Axel Springer.

PODCAST: Healthcare on Capitol Hill

Sep 29, 2015
David Brancaccio

On today's show, we'll talk about Aetna and Anthem's appearance on Capitol Hill  today; more on news that Cargill will wind down its hedge fund arm; and how some VW customers feel in light of the recent emissions scandal.

Locals issue a blanket statement

Sep 29, 2015
Tobin Low

If you are a small town in Switzerland, what do you do if the nearby tourist attraction starts to melt?

You cover it with blankets.

Located in the Urne Alps near the town of Gletsch, the Rhône Glacier is the largest in the area. It also has an unusual feature that attracts tourists.

"You can go inside the glacier and see the different layers of ice. In a way, it is a bit like travelling through time," said Pierrette Rey of the Swiss branch of World Wildlife Federation.

Marketplace Tech for Tuesday, September 29, 2015

Sep 29, 2015

Airing on Tuesday, September 29, 2015: On today's show, we'll talk about Tesla’s Model X; an artist whose work confronts surveillance in tech; and the photo technology known as HiRISE that allowed scientists to determine there is briny water on Mars. 

Insurance CEOs again called before lawmakers

Sep 29, 2015
D Gorenstein

Top health insurance executives are making the rounds these days in Washington.

Last week, CEOs from Aetna and Anthem – who are each looking to complete mega-mergers – testified before the Senate, and the two return again Tuesday for a hearing in the House.

Lawmakers have pressed the executives to detail how consumers will benefit from these potential deals.


Airing on September 29, 2015: On today's show, we'll talk about why global stock markets have been in such a snit; why schools are preparing for a shutdown no matter what; and a comedian talks about the art of dropping the mic.

Being a competitive coding jock has its perks

Sep 28, 2015
Kai Ryssdal and Mukta Mohan

When one thinks of sports, a bunch of guys sitting around typing on a computer is probably not what comes to mind. But apparently, competitive coding is a thing, and being a coding jock has its perks. Participants receive all-expenses-paid trips to compete, job offers and even cash prizes. Ashlee Vance wrote about the sport of coding for Bloomberg Business. 

Marketplace for Monday, September 28, 2015

Sep 28, 2015

Shell's out, but Arctic oil is staying in the ground; 70,000 medical codes for your doctor to consider; and why Fred Savage took "The Grinder" job.

Obama and Putin clash over trade at the United Nations

Sep 28, 2015
Tracey Samuelson

More than three dozen heads of state took their turns at the United Nation’s podium Monday, from China’s Xi Jinping to Cuba’s Raul Castro. But among the stars of the show were Barack Obama and Russia’s Vladimir Putin. It was Obama’s second speech at the U.N. in two days, but the first for Putin in roughly a decade.

Fred Savage on-screen again for 'The Grinder'

Sep 28, 2015
Kai Ryssdal and Bridget Bodnar

Child actor Fred Savage eventually turned to directing and producing. Now, he's back in front of the camera in the Fox comedy "The Grinder" with Rob Lowe, which premieres Tuesday at 8:30. Marketplace host Kai Ryssdal talked to Savage about acting, directing and producing. 

On which job he prefers:

PODCAST: A big split for Alcoa

Sep 28, 2015
David Brancaccio

On today's show, we'll talk about Alcoa splitting into two companies; how copyright laws may have factored into VW's emissions scandal; India's Prime Minister Narendra Modi's meetings with tech giants; and how financial assistance for poor families in Georgia is threatened by an accounting sleight-of-hand.

Michell Eloy

On a walk through the cavernous Atlanta Community Food Bank, Danah Craft points out what she said is a vital food item: a jar of peanut butter.

For a family relying on food banks, peanut butter is an important source of protein. “This is the kind of food that helps families put a balanced meal on the table,” Craft said.

Craft heads the Georgia Food Bank Association. The group helps distribute millions of pounds of food to the state’s eight regional food banks, but it can’t always rely on what’s donated to meet the needs of Georgia’s poor.

A story of dirty emissions … and copyright law

Sep 28, 2015
Mitchell Hartman

Squirreled away in something called the Digital Millennium Copyright Act of 1998 is fine print that makes it risky to dig around under the hood of a new car and find out what makes it tick, explains Kit Walsh of the Electronic Frontier Foundation.

“The modern automobile is controlled by about 100 different computers running software created by the automakers or third parties that they contract with,” Walsh said. "And they typically will lock down that software so that you can’t even look at it, let alone modify it as a user."

The UN's 17 goals for the next 15 years

Sep 25, 2015
Lizzie O'Leary and Raghu Manavalan

The United Nations mets in New York this week, and one portion on its agenda was approving 17 new Sustainable Development Goals that primarily targeted the world's developing countries. As The Guardian reports:

The pope has a lot to say about the global economy

Sep 25, 2015
Adrienne Hill, Tracey Samuelson and Mukta Mohan

Pope Francis is wrapping up his visit to the United States. Today he addressed the United Nations in New York and had a lot to say about the global economy. He talked about how things work and how things should work instead. Marketplace's Tracey Samuelson was at the U.N. for the speech.

Marketplace for Friday, September 25, 2015

Sep 25, 2015

John Boehner's changing relationship with the GOP and Wall Street; China's cap-and-trade program; and taxi medallions.

Weekly Wrap: Volkswagen, interest rates and cybertheft

Sep 25, 2015
Adrienne Hill

Joining us to talk about the week's business and economic news are the Wall Street Journal's Sudeep Reddy and Nela Richardson from Red Fin. The big topics this week: the Volkswagen emissions scandal; the possibility of an interest rate hike by the end of this year; and an agreement between the U.S. and China on cybertheft. 

Marketplace Weekend Staff

This week, we're talking about stopping, quitting ... throwing in the towel. What financial habits do you want to quit? What about big fees at the ATM, or a gym membership where you are not getting your money's worth? 

Want your story to be on our show? We want to hear from you. Send us an email, or reach us on Twitter, @MarketplaceWKND

Bob Forrest's long comeback

Sep 25, 2015
Jenny Ament

Bob Forrest is a singer-songwriter and former the lead vocalist of '80s and '90s L.A. rock bands Thelonious Monster and The Bicycle Thief. He got clean in 1996, after 24 attempts at rehab. Today, he's returning to the music industry. His new solo album, "Survival Songs," explores his original material, both old and new. 

Blackberry banks on patents

Sep 25, 2015
Nova Safo

Blackberry releases second quarter earnings on Friday, and Wall Street will be paying particularly close attention to Blackberry's revenues from software and patents. The company has made no secret that it wants to become a software company. And last week, Blackberry's CEO John Chen said he wants to bring in more money from the company's cache of 44,000 patents.

Marketplace Tech for Friday, September 25, 2015

Sep 25, 2015

Airing on Friday, September 25, 2015: U.S. policymakers get a message from the EU's chief digital regulator; Blackberry transitions from smartphone to software company; and WNYC's Movie Date co-host, Kristen Meinzer, tries to stump Ben on the latest tech news for this week's edition of Silicon Tally. 


Airing on Friday, September 25, 2015: China's new cap-and-trade program; Pope Francis visits a prison vocational workshop in Philadelphia; and why GDP revisions matter.

Marketplace for Thursday, September 24, 2015

Sep 24, 2015

D.C.'s broken business model; the Corner Office; and the pope's no-drone zone.

Pope Francis makes climate change a moral issue

Sep 24, 2015
Scott Tong

Climate change has been discussed as a matter of science, regulations, and, of course, markets. Pope Francis is trying to reframe the subject in terms of common morality.

Ever hear of the famous door-hanger study? More than 1,000 families got different messages on their doors about saving energy and why. Some door hangers said do it for the planet. Others, for their kids' future. Or to save money.

The only doorhanger to spark change said, "Do it because your neighbors do."

The power of the tribe. Go against it, and you can have a problem.

What's next for Nike?

Sep 24, 2015
Andy Uhler

There’s no doubt that Nike is the world’s leading sports brand. The company will announce earnings at the close of trading on Thursday. Nike's stock is up 20 percent so far this year. So what's next for the sports giant? 

Nike is looking to the apparel side, said Camilo Lyon, the managing director of equity research at Canaccord Genuity.

"For the most part, the major athletic brands focused on the athlete as opposed to taking that more comfort and athletic look to the street,” Lyon added. 

Marketplace Tech for Thursday, September 24, 2015

Sep 24, 2015

Airing on Thursday, September 24, 2015:  The heroes and villains of human rights online; mystical belief trending among techies; and  5.6 million federal employee fingerprints stolen by hackers. 

Luke Runyon / Harvest Public Media

  Nilvio Aquino weaves through a tangled jungle of marijuana plants at an indoor grow facility in Denver.

“Throw your nose in there. It’s nice and pungent,” he said, pulling a seven-foot tall plant down to nose height at one of the company’s grow facilities.

Aquino, the lead grower for Sticky Buds, a chain of marijuana shops in Denver, is in his element among the plants. He’s like a proud gardener showing off blue ribbon varieties, bustling from plant to plant, picking out his favorites.

Colleges compare tactics for cutting down drinking

Sep 23, 2015
Tony Wagner

Wells College President Jonathan C. Gibralter says administrations he's worked in have been "hit and miss" when it comes to curbing drinking on campus.

"They intuitively seemed like the right thing to do," he told the Chronicle of Higher Education this week, but "we didn't really have any data at that point that we were relying on."

Is this the rise of the robots? Probably not

Sep 23, 2015
Kai Ryssdal and Tommy Andres