Business news

Pokemon a no-Go in rural areas

Sep 5, 2016

On today's show, we'll talk about a growing push for paid sick leave; how starting school before Labor Day could hurt tourism businesses; and the struggle rural residents are having with the game Pokemon Go.

Without Trump, Taj Mahal workers face their fate

Sep 5, 2016
Nancy Marshall-Genzer

Donald Trump doesn’t own the Trump Taj Mahal casino in Atlantic City anymore.  His stake in the casino was wiped out when it declared bankruptcy and billionaire investor Carl Icahn took over. But the casino that still bears the Trump name is in trouble. 

Just under 1,000 workers there are on strike.  They walked off the job on July first.  Now the casino says it’ll close next month.

James Mays has been a cook at the Trump Taj Mahal for 15 years.

“I’m an excellent cook," he said. "I’m probably one of the best cooks in this whole building.”

The movement for paid sick leave

Sep 5, 2016

On Labor Day last year, President Barack Obama gave good news to about 800,000 Americans. He signed an executive order requiring paid sick leave for employees of federal contractors. Over the past year, the issue has gained further momentum, especially among states and municipalities.

Click the above audio player to hear the full report. 

In some rural areas, Pokemon not such a go

Sep 5, 2016
Alex King

Jim Heising and his family live on a farm way out in southeast Washington. Their crops skirt the dramatic Columbia River and a sprinkler click, click clicks away over vibrant green alfalfa. They recently moved here from the Bay Area. And then Pokemon Go came out. And then when they tried the new game, it became instantly frustrating, Heising said.

“It seems like everyone else in the world is having this great fun with it,” he said. “But out in the middle of nowhere — it’s not that easy.”

Clinton drug plan: is it enough?

Sep 2, 2016
D Gorenstein

At first glance, it may sound like Hillary Clinton's plan is an attempt to tackle drug prices overall.

It's not.

Clinton economic policy advisor Mike Shapiro said it's to go after an insidious problem where a subset of drug makers (think Turning and Mylan) crank up prices on generics, just because they can.

Melting smartphones shed light on lithium-ion batteries

Sep 2, 2016
Mitchell Hartman

Samsung has announced it is recalling new Galaxy Note 7 smartphones because of “battery cell issues.” The recall reportedly affects 2.5 million of the phones worldwide shipped since the new version was launched in mid-August. Pictures posted online by consumers show the phones with what appears to be damage from overheating: the phones look melted or scorched.

Looking for a new investment? Check your shoe closet

Sep 2, 2016
David Lazarus and Crystal Castle

There isn't anything new and exciting about financial markets, but how about trading in sneakers?

Grilling fish? Try using mayonnaise (Seriously)

Sep 2, 2016
Kai Ryssdal

To get the best advice on how to cook on a grill, why wouldn’t you go to a guy who goes by the name Meathead? Meathead Goldwyn is the founder of and his new book is called: “Meathead: The Science of Great Barbecue and Grilling.”

On today's show, we'll talk about the August jobs report; the financial woes South Korea's biggest shipping line, Hanjin, is facing; and the development of self-driving ships. 

US economy adds 151,000 jobs in August

Sep 2, 2016
Reema Khrais

In August, U.S. employers added 151,000 jobs and the official unemployment rate remained at 4.9 percent, according to the Bureau of Labor Statistics.

While the figures didn’t meet economist predictions, job growth has been robust over the last couple of months. July saw an increase of 275,000 jobs and June had a gain of 271,000.

Meanwhile, overall economic growth has been weak.

The job numbers and the GDP numbers are a tale of two economies, said Burns McKinney, an analyst with Allianz’s NFJ Investment Group.

Scott Cohn

We all know about self-driving cars, an idea that is exciting and terrifying all at the same time. The next big thing — make that really big — is self-driving ships. Research on autonomous vessels is picking up steam around the world.

Obama's last G-20 summit may highlight its limitations

Sep 2, 2016
Mitchell Hartman

The Group of 20 Leaders Summit will be held Sunday and Monday in Hangzhou, China. It will be President Barack Obama’s last. The G-20 includes the world’s 20 leading developed and developing economies.

The first G-20 summit Obama attended was in 2009. It came at the height of the global financial crisis, and the measures the G-20 leaders agreed on were dramatic and effective, said economist Barry Bosworth at the Brookings Institution.

American Girl heads to Toys R Us

Sep 2, 2016
Annie Baxter

Toymaker Mattel is taking some of its pricey American Girl dolls down market, opening boutiques in about 100 Toys R Us locations. It’s the first time the dolls will be available at a brick-and-mortar retail location other than American Girl’s 20 proprietary stores.

The move comes at a time when sales of the dolls, which cost upward of $100, have been slumping. 

“They may be reaching a point where they've largely penetrated the households that can afford it,” said Piper Jaffray analyst Stephanie Wissink.

Luke Runyon

Few things are more valuable to a farmer in the arid West than irrigation water. Without it, the land turns back to its natural state: dry, dusty plains.

If a fast-growing city is your neighbor, then your water holds even more value.

Satan won't run for president on the FEC's watch

Sep 1, 2016
Kai Ryssdal

As if you needed more evidence pointing to the bananas state of American politics, circa 2016.

The Federal Election Commission has about had it with the, uh, creative ways people have filed to run for president this year.

Filing is not hard to do and this year anything goes, apparently.

The Atlantic reported there are papers on file for Darth Vader, Jean-Luc Picard, Captain Crunch, Queen Elsa and Francis Underwood.

Trump, Clinton and immigration

Sep 1, 2016
Nancy Marshall-Genzer

Amid the whirlwind coverage of Donald Trump's trip to Mexico and his immigration speech, one thing may be lost: what Hillary Clinton would do.

Here’s what Clinton says she would do. Introduce “comprehensive immigration reform” within her first 100 days in office, and keep current policies that try to protect some immigrants from deportation.  Like so — called DREAMers — people who were brought here illegally when they were children. That’s what Clinton emphasizes when she meets with undocumented immigrants.  She tells them: 

What does full employment really mean?

Sep 1, 2016

On today's show, we'll talk about what we might expect from the release of tomorrow's jobs report; a report that shows many federal flood insurance payouts are going to the same houses; why some border communities are trying to strengthen U.S.-Mexico ties; and a drop in Samsung's stock amid news that some of its batteries may have caught fire. 

JaeRan Kim

As communities in Louisiana deal with the aftermath of disastrous flooding, attention is being given to the looming challenges for a federal program that provides insurance compensation for victims. The National Flood Insurance Program is more than $20 billion in debt, owing in part to a spate of heavy flooding around the nation in recent years. 

Border communities seek economic integration

Sep 1, 2016
Kim Adams

Republican nominee Donald Trump continues to add details to his policy proposals, but one thing has stayed consistent — his plan to build a wall along the border with Mexico.

Kai Ryssdal

American Airlines says it's found the problem with modern day air travel. It's not the delays, or the TSA lines, or the overcrowded planes and the person in front of you kneecapping you when they recline.

It's you.

American's got a big new ad campaign rolling out in the next month that asks what it means to be a "great flyer."

Yet another Trump surprise: a visit to Mexico

Aug 31, 2016
Kai Ryssdal

Immigration has been a big topic in this year’s presidential race and Republican candidate Donald Trump has not shied away from the subject. In fact, he’s said some pretty unpleasant things about Mexico and Mexicans, including his intent to build a wall along America’s southern border to keep them out. It’s important to both the U.S. and Mexico’s economy to allow people and goods to move across that very border. We sat down with Marketplace's Kimberly Adams, who was down on the border a couple of months ago, to chat about how Mexicans are reacting to Trump's visit.

Lauren Silverman

You know those lists that come out every year ranking the highest paid CEOs? Well, one from the Dallas area caught our eye — there was only one woman in the 100 top paid public company CEOs. 

Pam Patsley is used to being both a powerful and a petite woman. When we meet in a 15th floor conference room in Dallas, the first thing she does is adjust the height of her chair so her black ballet flats reach the ground. It’s something she has to do quite often.

Donna Tam

A statue of Donald Trump, titled "The Emperor Has No Balls,” could be worth thousands of dollars more than an image of Hillary Clinton titled, "Hillary Clinton Cojones.”

Cuba warms up to commercial flights from the US

Aug 31, 2016

On today's show, we'll talk about the first U.S. commercial flight to Cuba in over 50 years; a drop in the discovery of new oil reserves; and what the future of public restrooms should look like.

Oil prices are down, and so is exploring for oil

Aug 31, 2016
Scott Tong

Global oil discoveries in 2015 cratered to a 70-year low. Drillers found 2.7 billion barrels of crude, the lowest amount since 1947, according energy consultancy Wood Mackenzie. 

Low oil prices mean companies can only afford to drill half the exploratory wells they normally do.

"The dip we're seeing in exploration activity, the dip that we're seeing in discovered volumes, that will come home to roost in a decade," said Julie Wilson, director of global exploration research at Wood Mackenzie.

What should the bathroom of the future look like?

Aug 31, 2016
Marketplace staff

For our Secretary of the Future series, we asked a bunch of experts what the public restrooms of the future might look like.

It's a potentially awkward topic, but as we've seen this year, the humble bathroom is the source of much debate and our experts found a lot of room for improvement.

The bathroom of the future will be smarter

Aug 31, 2016
Lane Wallace

This election year, Marketplace is casting its eyes toward the future, asking how the country can address long-term opportunities and threats — the ones that don’t fit into a single federal budget or election cycle. We'll imagine and ask you, if the next president were to appoint a Cabinet member to worry about future generations, what would be job one? Got an idea? Tell us here

Delta Air Lines CEO talks power outages, TSA lines and 'being Delta'

Aug 30, 2016
Kai Ryssdal and Bridget Bodnar

Back in May, Delta Air Lines got a new CEO. He came with a familiar face. Ed Bastian was the company's CFO whose career highlights included leading Delta through bankruptcy and restructuring years before.  

But before he did that ... Bastian quit Delta.

Delta Air Lines CEO on why he still flies in the back of the plane

Aug 30, 2016

When Ed Bastian became the CEO of Delta Air Lines this past May, he'd already been with the company for years. He talks to Marketplace host Kai Ryssdal about why he once quit Delta, the outage that grounded flights  and why bigger isn't always better.

Subscribe to the Corner Office podcast on iTunes.

How driverless cars could end up saving Uber

Aug 30, 2016

On today's show, we'll talk about Apple's plans to appeal the European Union's order that it pay Ireland $14.5 billion in back taxes. Plus, we'll interview one economist on why he thinks Uber's current business model is doomed to fail.