Business news

Sam Beard

Some British citizens who voted in last summer’s referendum for the UK to remain in the European Union are exploiting a curious way of beating Brexit and keeping their European citizenship. These are descendants of the tens of thousands of German-Jewish refugees who fled the Nazis and settled in Britain in the 1930’s. Under Article 116 of Germany’s Basic Law, they  have the right to re-acquire the German citizenship stripped from their forbears. Hundreds are doing so in order to keep a toe hold in the EU.   

We're resurfacing Marketplace host Kai Ryssdal's 2014 interview with Martha Stewart, a conversation that's just as relevant as ever. The two talk about Martha Stewart's "American Made" program, how she came to be the god-mother of lifestyle culture, and when she realized she was building a billion-dollar business.

Subscribe to the Corner Office podcast on iTunes.

What Brexit has to do with chocolate

Nov 8, 2016

On today's show, we'll talk about the potential effects of tonight's presidential announcement on the markets; Brexit's influence on the size of Toblerone chocolate; why your holidays may be cheaper this year; and a nonprofit that's using music to help patients with dementia. 

Traveling for the holidays? Buy your tickets now!

Nov 8, 2016
Marielle Segarra

It might be cheaper to get home for Thanksgiving and Christmas this year than last year. Airline tickets for the week of Thanksgiving are about 2.5 percent cheaper on average than they were a year ago. And for Christmas, prices have fallen a little more 3 percent. Here’s why.

Click the above audio player to hear the full story. 

Lucia Benavides

Marilyn Mecke is a  72-year-old post-stroke patient with dementia at the Oak Park Nursing and Rehabilitation Center in San Antonio, Texas. She has her iPod and a playlist that includes Elvis, Patsy Cline and the Beatles. Today she’s listening to Julio Iglesias.

“That’s her favorite,” said Christy Duarte, marketing director at Oak Park. “She kind of grew up in the Valley and her sister said she really loved listening to him.”

JaeRan Kim

In just a matter of hours, the ordeal of the 2016 election will be over. If you can’t wait that long, you could always ignore the returns tonight and turn to sports. Thanks to the election, tonight may be a golden chance to catch your favorites.

Click the above audio player to hear the full story. 

JaeRan Kim

Climate change has largely been ignored in conversations surrounding the presidential election. Local elections have been another matter, however, with many cities and states talking about how to deal with it.

Last June, San Francisco area voters took a major step in adapting to sea level rise by approving a Measure AA, a $1-a-month parcel tax that will raise $500 million over 20 years, with the purpose of funding wetlands restoration.

Chart of the Day: Disney is cleaning up with Marvel

Nov 7, 2016

Marvel's latest, "Doctor Strange" cleaned up at the American box office this weekend, adding about $85 million to a more than $325 million worldwide gross. Crucially, the Sorcerer Supreme played by Benedict Cumberbatch is not an A-list comics book character. He's not even second-teir, like Iron Man and Thor were (believe it or not) before they got movies. Doctor Strange is more like Ant-Man and the Guardians of the Galaxy, other heroes Disney and Marvel have been able to mine for big box office returns.

Donna Tam

Hostess, maker of the iconic snack cake brand Twinkie, went public today, following a long road of financial strife and transformation, including bankruptcy and a private equity buyout.

The company — in a nod to one of its most famous products, the Twinkie — listed on Nasdaq with the ticker symbol TWNK.

Carrie Jung

If you drive due east out of Phoenix for about 3 hours, you’ll eventually hit Thatcher, Arizona. Many people in this rural town make their living farming or mining. Teachers, however, are hard to find.

“We always need math and science,” said Carol McAtee, the principal at Thatcher High School. “The vocational courses, those are getting harder and harder to fill.”

She said finding and keeping good teachers is a challenge, especially in rural Arizona, for a lot of reasons. But McAtee explained much of it boils down to one, really glaring issue.

China's finance minister steps down

Nov 7, 2016

On today's show, we'll talk about how the markets are doing as we near the end of the 2016 election; evaluate Hillary Clinton's potential appointees for Treasury secretary; look at who the Trump campaign is considering for top positions; and check out who will be China's new finance minister. 

What our next administration might look like

Nov 7, 2016
David Brancaccio and Lane Wallace

The next president will have to make more than 4,000 appointments, including cabinet secretaries and ambassadors. 

One of the top financial policy officials — aside from the president — is the U.S. Treasury secretary.  We looked into some potential cabinet appointees for both candidates, and how their selection might guide economic policy going forward. 

A Trump administration

In the hospital? You still may be able to vote

Nov 6, 2016
D Gorenstein

Tomorrow, millions of us are planning to go to churches and schools, and cast our ballots on Election Day.

But what if you get sick and end up in the hospital?

In at least 13 states — including Pennsylvania, Michigan and Texas — patients can access what’s called an emergency absentee ballot, said Debra Cleaver with the nonprofit, nonpartisan


On today's show, we'll talk about Hillary Clinton's relationship with the progressive movement; who Trump would appoint as Treasury Secretary should he become president; and what hospital patients can do to vote. 

Broadway is going dark on election night

Nov 4, 2016
Kai Ryssdal

Broadway is basically giving up in the face of this election.

About half of the historic theater district's venues are going dark Tuesday night in anticipation of poor turnouts, according to the New York Times. Others joining the short hiatus include the Metropolitan Opera, Lincoln Center and Carnegie Hall.

Gigi Douban

The Google Chrome security team is getting tough on websites that are not encrypted. Those are the ones without the HTTPS at the beginning of its URL. Anyone looking at what you’re doing online on that site can capture all of your information, including important user names and passwords. Most of the pages desktop users load are encrypted according to Google. But it said the myriad of symbols used by most browsers can be confusing or even misleading about the sites' lack of security.

Marketplace Weekend Staff

It's that time of year again. The holidays are upon us, and with the number of U.S. airline passengers growing at about 5 percent annually, that also means there will be lots of holiday travel.

Do you have any tips or tricks to save money? Or any advice for how to keep your sanity? Let us know!

'Moonlight': The anti-blockbuster shaking up Hollywood

Nov 4, 2016
Kai Ryssdal and Tommy Andres

“Oscar buzz” is a phrase you hear a lot this time of year. As the holidays approach, studios carefully send the films they believe can snatch up an Academy Award or two down the pipe. And this year, on the tail of two straight years of the #OscarsSoWhite controversy, the conversation about diversity in Hollywood will no doubt be louder than ever.

On today's show, we'll talk about what analysts have to say about the October jobs report; Dalian Wanda's purchase of Dick Clark Productions; and a Dallas-based cell phone company that's breaking from tradition by siding with a political party. 

US economy adds 161,000 jobs in October

Nov 4, 2016
David Brancaccio

The number of people on U.S. payrolls grew by 161,000 last month, according to the Labor Department. That number fell a bit short of the 175,000 figure that some expects were predicting. 

Sally Herships

Ford has launched its Black Friday sales early. The automaker is looking to recuperate from a 12 percent slump in sales in October. Deals and incentives for those in the market for a new vehicle include low APR financing and $1,000 cash back on various 2016 and 2017 models in an effort to get those cars out of inventory. Matt Stover, an auto industry analyst with SIG, said after about 60 days from delivery, dealers have to start paying interest on the cars in their lots to the manufacturers. 

A cell phone company for conservatives

Nov 4, 2016
Lane Wallace

Everyone you know might be mad at each other about the election right now, but big corporations typically get a pass on partisan rancor. There’s a tradition for U.S. companies of not taking public stances on presidential candidates or siding exclusively with one party.

Dallas-based cell phone company Patriot Mobile presents a stark alternative.  

D Gorenstein

The way many of us talk – in the office to our co-workers at least – is evolving, thanks in large part to a three-year-old San Francisco-based company called Slack. The team messaging app has four million users and is a bit of a tech world darling. Now the big guns are muscling in on the space.

Kai Ryssdal

The British High Court ruled that UK Prime Minister Theresa May will have to get Parliament's approval before proceeding with Brexit negotiations. Marketplace host Kai Ryssdal spoke with Andrew Walker, the BBC's Economic Correspondent, about this Brexit development. 

Walker on it's effects on foreign investors:

TV and radio stations love this presidential election

Nov 3, 2016
Nancy Marshall-Genzer

You’re heard all about red, blue and purple states.  This election? There’s also a green state.  As in cold, hard campaign cash.

“September was tremendous," said Mike Murphy, general manager of KMOV-TV in Saint Louis. "October will be a record-spending month in this market for political spending. There’s no doubt about it.”

Donna Tam

The number of working undocumented immigrants in the U.S. remains stable, according to a report from the Pew Research Center released Thursday.

Pew reviewed the workforce across the country and determined that while some states had an increase in its undocumented immigrants workforce, more states had a decrease, leaving the total population “virtually unchanged” since 2009.  This follows a large influx in the 1990s and early 2000s.

On today's show, we'll talk about the Fed's decision to keep interest rates at their current level and what it plans to do going forward; the Venezuelan government's plans to meet with opposition members; and the role of Florida retirees in the 2016 election. 

Facebook performs well, but hints at a slowdown next year

Nov 3, 2016
Sabri Ben-Achour

Despite stellar growth, Facebook shares dropped 7 percent in after-hours trading as some investors realized there will someday be a limit to how fast Facebook can grow. The company is on pace to reach $27 billion in revenue this year, with third-quarter profits nearly tripling to $2.38 billion.  Monthly users grew by 16 percent to 1.79 billion — much of it international. But Facebook warned that next year it would reach a limit on how many ads it could place in people’s feeds. Many analysts fully expect a slowdown in growth in 2017.  

Sally Herships

Philadelphia is undergoing a massive transit strike. Normally, although a hassle for city residents, a local strike wouldn’t make national news. But Pennsylvania has another name —Pennsyltucky. It’s a mix of rural residents likely to vote red and city dwellers likely to vote blue, which means it's a key battle state.  Transit officials have said if the strike is still on during election day next week, they’ll seek an injunction to send workers back to their jobs.


On today's show, we'll talk about what today's Fed meeting can tell us about the economy; why foreign investors have pulled billions of dollars out of American stocks; and a new report that shows even losing a small amount of financial aid can increase a student's likelihood of dropping out.