Business news

A twist on the "404" page error

Aug 11, 2015
Kai Ryssdal

This final note on the way out today: the greatest 404 "Page not found" page in the history of ever.   

A Columbia House retrospective

Aug 11, 2015
Tommy Andres

Filmed Entertainment Inc., the parent of mail-order music company Columbia House, filed for bankruptcy Monday — a move it's blaming on the changing pace of technology. Back in the '90s, Columbia House was known for its "eight CDs a penny" slogan. 

PODCAST: The devaluation heard around the world

Aug 11, 2015
David Brancaccio

The devaluation heard around the world, an alleged international hacking that involves cyber-insider trading.

The story of New Orleans' recovery in one business

Aug 11, 2015
David Brancaccio and Katie Long

It’s been 10 years since Hurricane Katrina and the flood-of-floods struck New Orleans. In the following decade, the city has transformed its public schools, housing and business community.

A technical agreement reached for Greek bailout

Aug 11, 2015
Marketplace staff

From our partners at the BBC:

Greece has agreed a bailout deal "in principle" with its creditors, the European Commission has said.

The Commission said a technical agreement had been reached with Greece, which now requires political approval.

Earlier, Greece's Finance Minister Euclid Tsakalotos had said "two or three small issues," were yet to be resolved with lenders, following overnight talks in Athens.

Airing on Tuesday, August 8, 2015: Google's restructuring, and why it took eight years for a decades-old grocery store to re-open after Hurricane Katrina.

Marketplace Tech for Tuesday, August 11, 2015

Aug 11, 2015

Airing on Tuesday, August 11, 2015: First up, we'll talk with Molly Wood, Marketplace’s Senior Tech correspondent, on Google’s new structure.  We'll also hear from Max Wolff, Chief Economist at Manhattan Venture Partners, about Alibaba ahead of the company’s earnings report on Wednesday. And, Tim Draper, founding partner of DFJ,  discusses his new ABC reality series: Startup U.

Google heads for big changes

Aug 10, 2015
Kai Ryssdal and Molly Wood

Google is getting a makeover, becoming part of a bigger holding company called Alphabet. But why would anyone want to tinker with the structure of a company as successful as Google?

“What Alphabet is thinking here is to essentially streamline things,” says Molly Wood. But fear not, “Google the search engine, and Mail Company, and information gatherer will stay the same,” she says.

Marketplace for Monday, August 10, 2015

Aug 10, 2015

Warren Buffet speaks and the economy listens; public housing, post-Katrina; and Silicon Beach's cure for a long wait at the doctor's office.

Politicians make a push for debt-free college

Aug 10, 2015
Amy Scott

On Monday Hillary Clinton became the latest Democrat to lay out her ideas for making college more affordable. The plan itself isn’t cheap, with its $350 billion price tag. Like some of her rivals for the Democratic ticket, Clinton wants to make college “debt free” for more students.  

Marketplace Tech for Monday, August 10, 2015

Aug 10, 2015

Airing on Monday, August 10, 2015: Demo day for 500 Startups, and how a group of Ariana Grande fans uncovered a catfishing scheme.

A lack of supply drives up housing prices

Aug 10, 2015
Ben Markus

Home prices in the U.S. have risen consistently for the last three years. By that measure, the housing market looks pretty good, but the prices are being driven by a severe lack of supply. And that’s discouraging for many buyers, especially in some of the hottest markets, like Denver.

Take the case of new mom Robin Smith. Her apartment in Denver was too small for her growing family. So Smith and her husband went looking for a house. They found one in the suburbs they really liked, a four-bedroom place listed for $259,000.

Apple keeps CEO safe at $700,000 a year

Aug 7, 2015
Kai Ryssdal

When we did the show from Aspen back in June, I stopped at a Starbucks for breakfast one morning, and sitting there having a cup of coffee and noodling around on his iPad was none other than Tim Cook.

Tim Cook. The CEO of Apple — maybe the most valuable company in the world — just sitting there all by his lonesome.

I told you that so I can tell you this. 

Scott Tong

Early next week, much of the energy world’s eyes will be on the Japanese island of Kyushu. That is the site of the first nuclear plant restart since the Fukushima disaster in 2011. Japan has since mothballed all its nuclear plants, and a lot is riding on operators flipping the switch back on successfully.

Japan’s nuclear plants have put in redundancies since the disaster, like cooling water tanks that only require gravity instead of electricity, and backup power for when the main source goes out.

Marketplace for Friday, August 7, 2015

Aug 7, 2015

It's been a very bad week for media companies. Plus, Jo Ling Kent of FOX Business and Fortune's Leigh Gallagher join us for the Weekly Wrap.

Kai Ryssdal

Joining us to talk about the week's business and economics news are: Jo Ling Kent of FOX Business and Fortune's Leigh Gallagher. The big topics this week: Friday's unemployment report, the possibility of an interest rate hike in September and Thursday's GOP debate. 

PODCAST: Going Indie for summer

Aug 7, 2015
Molly Wood

Jobs for July, and the summer of Indie films.

Summer slowdown for jobs

Aug 7, 2015
Mitchell Hartman

The Labor Department reported on Friday that the U.S. added 215,000 jobs in July, with the unemployment rate unchanged at 5.3 percent.

Unemployment has declined from 6.2 percent in July 2014. But, since midwinter, job growth has slowed from approximately 290,000 jobs per month on average for the six months ending in December 2014 to 210,000 jobs per month from January to June 2015.

What will it take to stop killer algae? (It's back.)

Aug 7, 2015
Dan Weissmann

Last year’s toxic algae bloom in Lake Erie was so bad it shut down the water supply of Toledo, Ohio. This year’s is expected to be worse, and Congress has ordered the EPA  to work on a solution


Airing on Friday, August 6, 2015: On today's show, an unexpectedly sour summer for jobs and wages, a fuzzier picture on interest rates and exploratory drilling in the Arctic.

Activist investor may trim fat at Oreo maker

Aug 6, 2015
Annie Baxter

Activist investor William Ackman’s hedge fund is making a $5.5 billion investment in Mondelez International, a food giant based in suburban Chicago.

Ackman and his firm, Pershing Square Capital Management, aren’t saying much about the investment, which would give Pershing a 7.5 percent ownership stake in Mondelez. But analysts suspect Ackman wants to use his position to drive deeper cost-cutting steps at the manufacturer of snack foods like Oreos and Ritz crackers. If those efforts don't succeed, Mondelez could go up for sale.

Andy Uhler

It's already been a long summer for wildfires in the dry West, and it’s not going to be over any time soon. The Rocky Fire north of San Francisco has burned more than 100 square miles and is still roaring. This week, the U.S. Forest Service released a report saying it's spending more than half its budget on fighting fires. It’s asking Congress to classify wildfires as natural disasters to free more money for fighting them.

Marketplace for Thursday, August 6, 2015

Aug 6, 2015

Hedge funds and Oreos; the economics of a scary fire season; and parceling out dinner.

Ingrid Lobet

Oil, and then natural gas, made Texas famous. Now it’s famous as well for having far and away the most wind energy of any state. But here’s a little-known fact: Texas is a major coal producer, and its coal is not like most other states’ coal. It’s an infant phase, still damp, called lignite.

“Basically it is brown dirt,” says Fred Beach, assistant director at the University of Texas Energy Institute. “Oily mud is another way we commonly refer to it.”

PODCAST: Cleveland rocks

Aug 6, 2015
Molly Wood

An update from Greece, and a check in on two major cities preparing for political conventions.

Airing on Thursday, August 6, 2015: Media feel the pinch of cord cutters, the television industry shows off its new shows and a snapshot of what’s happening to the nation’s utilities.


Marketplace Tech for Thursday, August 6, 2015

Aug 6, 2015

Airing on Thursday, August 6, 2015: First up, we'll talk to Frank Gillett, VP and Principal Analyst at Forrester Research, about General Electric’s investment in the industrial Internet of things. Plus, New York Times Magazine staff writer Jenna Wortham joins us to talk about Travel Noire, an online community for black travelers that grew out of Instagram. And in the latest installment of our Noise Makers series, we're joined by Yo La Tengo's James McNew.

The conventions are coming...

Aug 6, 2015
Brian Bull and Katie Colaneri

Cleveland and Philadelphia are gearing up again to host the Republican and Democratic national conventions next summer. Economic realities have changed for both cities since the last time they played host to the big parties.

Republicans assemble in Cleveland 

David Gilbert, CEO of the RNC host committee, has a lot on his plate. He’s got to finalize 4,000 hotel rooms and raise Cleveland’s share of cash for its financial commitment for the event.

What exactly is a hedge fund, again?

Aug 5, 2015
Paddy Hirsch

Once again, investors could soon be given the opportunity to pump their money into one of the most poorly understood investment vehicles out there: the hedge fund.

Ken Griffin, the manager of Citadel LLC, is considering taking his company public. This according to a report in the Wall Street Journal that cited "people familiar with the matter."

10 bucks says it's Eleanor

Aug 5, 2015
Kai Ryssdal

I believe I've already expressed my dismay at the prospect of taking Alexander Hamilton off the $10 bill, as Treasury Secretary Jack Lew has talked about doing.

If that does come to pass, however, it does raise the question of who should replace him.