Business news

Retirement: How it feels and how to pay for it

May 29, 2015
Lizzie O'Leary and Jenny Ament

Retirement. How does it feel? And how do you pay for it?

Lizzie O'Leary talks about the psychology of retirement with Nancy Schlossberg, the author of Revitalizing Retirement: Reshaping Your Identity, Relationships, and Purpose.

"Especially for men and women who are highly invested in their work, who love what they're doing, the thought of retirement creates some anxiety," Schlossberg says. 

PODCAST: FIFA sponsorship

May 29, 2015
David Brancaccio

First up, we'll talk about the New York Stock Exchange and its midday happy hour. Plus, we'll talk about what corporate sponsorship looks like in the wake of the arrests of several FIFA officials. 

Video: If you give a kid a laptop

May 29, 2015
Marketplace staff

As more schools hand more kids laptops and tablets all sorts of things can happen — many of them unexpected, many of them very expensive, and many of them pretty funny, too.

In this humorous, animated look inside the digital classroom, Marketplace explores the way a simple piece of technology can kick off a snowballing sequence of events for teachers, students, parents, IT departments and just about everyone else who has to get involved if you give a kid a laptop.

Marketplace Morning Report for Friday, May 29, 2015

May 29, 2015

Drunken email wins over Anthony Bourdain

May 28, 2015
Kai Ryssdal

Here's a lesson in how not to pitch your business to investors.

Or, maybe, exactly how to pitch your business to investors.

Anthony Bourdain — of all those travel and eating shows that aren't really about eating at all — has invested in food and travel website Roads & Kingdoms.

Jeff Tyler

A recent count by the Los Angeles Homeless Services Authority found that the number of homeless people in Los Angeles County rose 12 percent in the past two years.  That brings the total homeless population to about 44,000. More striking, the number of people living without shelter — out in the open — doubled.

Marketplace for Thursday, May 28, 2015

May 28, 2015

Mark's Story: Homeless in LA

May 28, 2015
Marketplace staff

Mark Aranguri, trained firefighter and father of four, tells his story about being homeless in Los Angeles.

Produced by Preditorial |
Director: Rick Kent
Cinematographer and editor: Anton Seim

Growing up Zuckerberg

May 28, 2015
Tony Wagner and Tobin Low


That's how old Florida teen Rachel Zietz was when she started her company Gladiator Lacrosse, which she says will likely reach $1 million in sales next year. Zietz is following the example of her father, an entrepreneur himself. The New York Times followed the Zietz family and others who are raising young business people, enrolling them in after-school programs and occasionally binge-watching "Shark Tank."


PODCAST: Combating algae blooms

May 28, 2015
David Brancaccio

The Government latest assessment of economic growth is due tomorrow morning. More on what we might expect from that report. Plus, the EPA issued new rules this week clarifying which streams and smaller waterways fall under federal protection. Among other things, the new rules will address fertilizer runoff which contributes to algae blooms. Lake Erie has been especially hard hit and NOAA is issuing experimental early season forecasts of blooms in that region. Plus, in California, tobacco taxes are used to pay for preschool and other early childhood services.

Predicting algae levels on Lake Erie

May 28, 2015
David Brancaccio

Scientists with the National Oceanic and Atmospheric Association are hoping to arm communities with resources in the event of another water crisis on Lake Erie this summer. 

Algae blooms, caused by excessive phosphorus from pollutants like farm fertilizers, made water in the Toledo area undrinkable last summer. When the algae die, they produce a toxin, which can make water unsafe to drink. 

“These blooms, cynobacteria, they like it hot. They don't grow very well when it's cold,” says Richard Stumpf, a NOAA oceanographer. 

The long arms of the right to be forgotten

May 28, 2015
Sabri Ben-Achour

A year ago, a European Court said people had a right to demand Google take down certain search results about them. The right to be forgotten was born.

“That idea is spreading in some areas,” says Jennifer Granick, Director of Civil Liberties for the Stanford Center for Internet and Society.

Most recently, Google is challenging a ruling by Mexican authorities that Google Mexico must remove embarrassing—but true—search results about a prominent businessman there.

Justice department moves on FIFA corruption

May 27, 2015
Kai Ryssdal, Alberta Cross and Robert Garrova

Early this morning Zurich time, Swiss police arrested seven top officials from FIFA, the international organization governing soccer. What’s more, Attorney General Loretta Lynch announced today that the Department of Justice will indict some FIFA executives, including former Vice President Jack Warner.   

“They corrupted the business of worldwide soccer to serve their interests and to enrich themselves,” Lynch said in a statement. The U.S. charges include racketeering, money laundering and wire fraud.

After purchase, Re/code gets Vox's secret weapon

May 27, 2015
Nova Safo

In purchasing the tech news site Re/code, Vox Media is adding to its portfolio of news sites — and giving Re/code access to its "secret weapon."

Much has been made of Vox's content management system, Chorus. Most online news outfits have systems that are chaotic behind the scenes thanks to decades of updates and adjustments, says newspaper industry analyst Ken Doctor.

Marketplace for Wednesday, May 27, 2015

May 27, 2015

Giving every kid a computer and a connection

May 27, 2015
Adrienne Hill

When VIDA Middle School in Vista, California, received a grant to hand every one of its 680 students an iPad with a free 4G connection, parents were excited.

VIDA Principal Eric Chagala They were also a little nervous.

"We have a large population of students who walk," says Principal Eric Chagala. "The fear was, you are putting a $700 or $800 device in my 11-year-old's hand, and they have to get home."

Machines can do some surprising things. But what you really want to know is this: Will your job be around in the future?

We have the "definitive" guide.

In Texas floods, homeowners count the cost

May 27, 2015
Nova Safo

Floods in Oklahoma and Texas have claimed lives and destroyed numerous homes.

Rebuilding those homes and reimbursing homeowners will take months, if not a year or more. But some of those homeowners may not get all the help they will need, because they don't have flood insurance.

In Wimberley, a vacation town in between San Antonio and Austin which is situated on a river that rose 40 feet, flood waters washed away hundreds of homes and businesses.

Texas floods have business owners singing the blues

May 26, 2015
Kai Ryssdal and Alberta Cross

Flooding has disrupted life for many in the Lone Star State. Kellie Moore was at her bakery in Austin yesterday when the water levels began to rise.

"It was crazy," Moore told Kai Ryssdal. "I looked in the back room and I noticed that water was coming through the building ... [I] was trying to sop it up, but then it started coming into the kitchen and into the front of our showroom, and there was no way to stop the water."

Press the play button above to hear more of Kellie's story. 

Kai Ryssdal

This story comes as, I guess you might say, a mea culpa for the aspersions I cast on millennials the other day.

Maybe this'll ring a bell: 

Marketplace for Tuesday, May 26, 2015

May 26, 2015
Amy Scott

On a spring morning at Oyler Community Learning Center, in Cincinnati, Ohio, an announcement comes over the PA system: "Would the following students please report to the cafeteria..." It sounds like someone's in trouble.

But, it's just the opposite. They're being summoned for a  donut breakfast — a reward for making the honor roll, or missing no more than two days of school during the quarter.

PODCAST: Beers and board games

May 26, 2015
David Brancaccio

The guy behind the guy at Apple gets a promotion. Marketplace Tech host Ben Johnson explains. Plus, Bernie Sanders officially kicks off his candidacy for the Democratic nomination for the presidency on Tuesday. The senator from Vermont describes himself as a “Democratic Socialist”.  We report that while some see socialism as an improbable platform for a U.S.

Where everybody knows your game

May 26, 2015
Elaine Jones

Geek culture is having a bit of a moment. Superheroes are smashing box office records. Comic conventions have become national news. Now, gamers are getting their very own bars. A new pub in Savannah, Georgia is offering a place to throw back a few drinks while you battle it out in video or board games.

Walking into the Chromatic Dragon feels like entering most bars — at first. You decide if you want to sit at the bar or get a table; inside or out. A friendly employee approaches, but he’s not a server. He’s a "game master."

Here's why we care about durable goods

May 26, 2015
Nova Safo

Why do we care about the durable goods report, which the U.S. Census Bureau publishes each month to tell us how big-ticket item sales are going? Let Ian Shepherdson, chief U.S. economist at Pantheon Macroeconomics, explain: "We get lots of information about what businesses are saying, but they don't always do what they say they're going to do." 

The durable goods report, Shepherdson says, is a hard-data antidote to that problem. "The one thing that businesses don't do if they're worried about the future is invest large amounts in new equipment."

Vista Theatre is a one-screen wonder

May 25, 2015
Adrienne Hill and Bridget Bodnar

There aren’t a whole lot of 92-year-old theaters left in the country. For the Vista Theatre in Hollywood, success means walking a fine line: adapt to the changing times while holding on to the motif from days gone by. With just one screen, there’s not a lot of room for error.

Marketplace for Monday, May 25, 2015

May 25, 2015

A shot of 'America's native spirit'

May 25, 2015

During the course of writing his book, “Bourbon Empire: The Past and Future of American Whiskey,” Reid Mitenbuler learned a lot about “America’s native spirit,” as it’s known.

According to Mitenbuler — contrary to what you might assume from looking at bottle labels — today’s bourbons aren’t all made by bearded men wearing overalls.

“By the year 2000 you have eight companies, 13 plants, and they make about 99 percent of all the whiskey in America,” Mitebuler says.

Your funeral home may be ripping you off

May 25, 2015
Nancy Marshall-Genzer

Every year, the Federal Trade Commission conducts an undercover investigation to make sure funeral homes are following the FTC’s funeral rule to give customers a price list immediately and to not sell unnecessary, unwanted services.