Business news

PODCAST: Calpers could shake up Wall Street

Jun 8, 2015
David Brancaccio

The biggest of public pension funds could shake up Wall Street today. More on that. Plus, in the weeks before the Supreme Court reveals its opinion about same-sex marriage again, it is not clear what the U.S. Military will enforce on equality for gay members. We take a closer look. And San Francisco’s city attorney has filed a lawsuit against McDonalds stating the local franchise right next to the Golden Gate Park should be controlling the population that congregate around its doors. But is it a local business responsibility to clean up the area?

Tesla challenge to dealers goes beyond electric cars

Jun 8, 2015
Mark Garrison

Tesla Motors is in a state-by-state fight to sell its electric cars directly to consumers. States have strong franchise laws that give only dealers that privilege, and dealers are using their political power to keep it that way. But maybe not all of them. Some on Wall Street think a few dealers might be fine with Tesla getting its way.

The issue is way bigger than Tesla, which sells a relative handful of cars. Franchise laws protect dealers from competition. But they can also make it tricky for certain dealers to get bigger.

Marketplace Tech for Monday, June 8, 2015

Jun 8, 2015

Airing on Monday, June 8, 2015: First up, we'll talk with Marketplace’s Senior Tech Correspondent Molly Wood about why some new smartphone features look a lot like old smartphone features. We'll also talk to Robert Knake, Senior Fellow for Cyber Policy at the Council on Foreign Relations and former Director for Cybersecurity Policy at the National Security Council, about how cybersecurity and diplomacy mix when foreign hackers attack the U.S. Government.

Dean Hochman / flickr

Owners of some of Kansas City's largest buildings will be required in the next few years to report how much energy the buildings use.

Despite strong objections from some property managers and developers, the Kansas City Council voted Thursday to require the energy and water use measurements, in an effort to encourage energy efficiency.

The business of being naked

Jun 5, 2015
Eliza Mills

Nude tourism is an industry worth about $440 million every year, according to the American Association for Nude Recreation. Author Mark Haskell Smith saw — and bared — it all to write his new book "Naked At Lunch: A Reluctant Nudist's Adventures in the Clothing-Optional World."

Economics and the transgender community

Jun 5, 2015
Eliza Mills

In the past two years, both Laverne Cox and Caitlyn Jenner, transgender women, have been featured in prominent magazine covers. "Orange Is the New Black" and "Transparent" brought significant trans characters to TV. Media coverage is changing too, from the New York Times series "Transgender Today" to Time's 2014 article "The Transgender Tipping Point."

Marketplace for Friday, June 5, 2015

Jun 5, 2015

Airing on Friday, June 5, 2015: The U.S. suspects Chinese hackers took the names, addresses, financial information and, possibly, Social Security numbers of more than 4 million people stored at the government's Office of Personnel Management. We look at the potential cascading effect of the hack. Next in our series Behind the Blue Line: Sally Herships explores the growing number of private cops across the nation as we debate the effectiveness and training of police officers.

Marketplace Weekend Staff

About 2.7 million people voluntarily quit their jobs in April. The question for many of those people then becomes, "Should I relocate?"

That's a big, complicated, often hard decision. Alexandra Levit, a writer, consultant and speaker who specializes in the workplace, explains the do's and don'ts of picking up and relocating for a new job, a promotion or transfer. One question she recommends asking yourself: Would you move there anyway, even if the job didn't exist?

National roofing manufacturer GAF announced Thursday it will not go through with plans to build a new plant in Moberly.

PODCAST: Robust jobs report for May

Jun 5, 2015
David Brancaccio

With the jobs report out for May, we can say the U.S. jobs market is performing stronger than expected. More on that. Plus, we'll talk about news that members of OPEC decided today to keep production right where it is, without cuts. And Marketplace's senior economics contributor Chris Farrell discusses this week’s SCOTUS ruling on bankruptcy and second mortgages.

Airing on Friday, June 5, 2015: OPEC is meeting today to indirectly talk about our household budgets. More on that. Plus, the prospects for young people trying to find jobs this summer have improved. We look at some of the economic factors behind this development. And Apple is expected to announce its much-anticipated streaming music service during its developers' conference in San Francisco next week. We take a look at why Apple, a tech gadget maker, wants to get into the far less profitable streaming music business. 

Teens' summer job prospects improve

Jun 5, 2015
Mitchell Hartman

Summer job prospects for teenagers are better than they’ve been in years.

At a Dairy Queen on Division Street in Southeast Portland, Oregon, there’s a "Now Hiring" sign up next to the drive-thru window. The burger-and-ice-cream joint is across the street from a big public high school, and manager Chris Mooneyham says some of the students who come to eat after school also have summer job applications in.

Dairy Queen in Portland, Oregon. (Mitchell Hartman/Marketplace)

Bird flu means fewer eggs for commercial operations

Jun 5, 2015
Annie Baxter

The avian flu epidemic wreaking havoc at poultry farms is causing the supply of eggs to tighten. It has cost farmers about 35 million egg-producing hens. The impact on commercial egg buyers is most acute.

“Of that 35 million, about 90 percent or so were producing for the breaker eggs market,” says Brian Moscogiuri, an egg market reporter at the research firm Urner Barry. (Breaker eggs are sold in liquid form; they’re mixed into a lot of commercial baked goods and products.)

WikiLeaks offering $100,000 for copy of the TPP

Jun 4, 2015
Kai Ryssdal

One last mention of the video version of our interview with President Obama: find out why we don't let him hold the microphone all by himself.

Oh, and there's some good trade policy stuff in that interview, too.

In other news: Wikileaks still has that $100,000 reward out for a copy of the Trans-Pacific Partnership.

This phone and TV merger is all about spectrum

Jun 4, 2015
Adam Allington

There once was a time when we got our phone service from the phone company, and our cable TV from the cable company, and our wireless from a cellphone company.

Then, along came bundling. But these days, market growth for everyone hinges on one factor — wireless spectrum, the capacity to stream loads of content to customers.

So now entire companies are getting bundled. Merger talks between Dish Network and T-Mobile are the latest in a flurry of deals that could reshape the telecommunications industry.

Marketplace for Thursday, June 4, 2015

Jun 4, 2015

Airing on Thursday, June 4, 2015: Marketplace's Tim Fitzsimons charts the history of the U.S. relationship to the metric system. Though most Americans don’t use this form of measurement, metric is the preferred system for trade and commerce in the country. Next: the potential merger between Dish and T-Mobile has to do with the value of the wireless spectrum—the capacity to stream loads of content to customers. We look at what's in it for the satellite provider and telecommunications company.   

America's lengthy courtship with the metric system

Jun 4, 2015
Tim Fitzsimons

Meters and litres. It's an unusual plank for a presidential platform, but Lincoln Chafee, the former US senator from Rhode Island — who was first a Republican, then an independent, and now a Democrat — said in his campaign announcement this week that the U.S. ought to convert to the metric system.

It highlights our lengthy history with the measurement system used by everyone else, besides fellow holdouts Liberia and Myanmar.

Amy Scott

When I first met Raven Gribbins almost three years ago, she was 17, a senior at Oyler School, in Cincinnati, Ohio. Her light brown hair was slicked back in a ponytail after volleyball practice. Raven grew up in Lower Price Hill, one of Cincinnati’s poorest neighborhoods. No one in her family had ever finished high school.

MO Department of Higher Education

A top Missouri higher education official announced he's retiring next year.

Chickens in coops
Kathleen Masterson / Harvest Public Media

The U.S. Department of Agriculture reports a bird flu vaccine doesn't work well enough to approve it for emergency use against the current outbreak that's shaken the Midwest poultry industry.

Marketplace Tech for Thursday, June 4, 2015

Jun 4, 2015

Airing on Thursday, June 4, 2015: First up, we'll speak with Chester Wisniewski, Senior Security Advisor at Sophos, about why a simple line of characters sent in a text message can crash your phone. We'll also talk about how the women’s national teams are coming to the newest version of the FIFA franchise, 'FIFA-16.' We explain why this is a big development, and what it says about the importance of the women’s game in global soccer. We'll also talk to technologist Jeff Myers about dog-walking drones in the movie Back to the Future: Part 2.

President Obama: the full interview

Jun 4, 2015
Marketplace staff

Host Kai Ryssdal sat down with President Barack Obama to talk about the future of international trade. Here is their full conversation.

Produced by Preditorial |
Director and Camera Operator: Rick Kent
Cinematographer: Anton Seim
Producer:Mimi Kent

Airing on Thursday, June 4, 2015: Stocks tumble with the realization that inflation is not dead ... especially in Europe. More on that. Plus, we talk about the implications of President Obama's admission to Marketplace's Kai Ryssdal that China has put out feelers about joining in on the big trade deal that's currently under negotiation.

Marketplace for Wednesday, June 3, 2015

Jun 3, 2015

Airing on Wednesday, June 3, 2015:

Marketplace for Wednesday, June 3, 2015

Jun 3, 2015

Airing on Wednesday, June 3, 2015: Marketplace's Kai Ryssdal meets with President Obama in the Oval Office to talk about free trade and the Trans-Pacific Partnership. Next: Williston, North Dakota, has undergone some oil booms and busts over the past several decades. Amid low oil prices, some are wondering whether the city is experiencing another bust or just a slowdown. 

North Dakota oil town: Is it a bust or a slowdown?

Jun 3, 2015
Annie Baxter

Williston, North Dakota, has experienced a few oil booms and busts starting in the '50s, when oil was first discovered there. During the last boom cycle, researchers estimate the town doubled in size to more than 30,000 people.

Some people in Williston disagree about what's in store for the city, given a downturn in oil prices and drilling. Is it experiencing another bust? Or just a slowdown?

Williams County Commissioner Dan Kalil is among the pessimists. 

“It’s very difficult in a boom-and-bust economy,” he says.

Kristofor Husted / KBIA/Harvest Public Media

When it comes to hazardous work industries, farming is in the top three with transportation and warehousing, and mining. And many times after an accident, farmers end up as amputees. But when farmers and ranchers lose a limb on the job, they have a limited selection of prosthetics to help get them back to the fields.

Farmer Brian Fleischmann lost part of his right arm in 1996. He still farms today just outside Jefferson City, Mo.

“I continue to try to do everything I used to do before the accident,” he said. “I'll be honest with you. It takes me a lot longer and it's a lot harder on me.”

David Shane / Flickr

Three initiative petitions to increase Missouri's minimum wage have been approved for circulation.

Andrew Magill / Flickr

 The state budget director reports Missouri's general revenue collections are up 7.5 percent compared with 2014.

Kai Ryssdal

On Wednesday, Marketplace host Kai Ryssdal sat down with President Obama to discuss the future of international trade:

There's this thing that happens when you talk to the president. You kind of stop paying attention. I mean, you're paying attention, of course, but you're not really listening, if you know what I mean. You're thinking about what you should ask next, about how much time you have left — which is never enough — and a thousand other things.

Which is why — early in our interview today — he caught me up short.