Marketplace

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Award-winning Marketplace is public radio's daily magazine on business and economics news "for the rest of us." The 30-minute program—with an irreverent reporting style all its own—airs weekday evenings on more than 320 public radio stations nationwide and boasts the largest audience for any business program in the United States on radio, cable or network television. In conjunction with Marketplace Morning Report and Marketplace Money, this trio of financial programming covers listeners from wallet to Wall Street.

How driverless cars could end up saving Uber

7 hours ago

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.

Why the US is on Apple's side in EU decision

8 hours ago
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Reema Khrais

On Tuesday, Apple was ordered to pay Ireland as much as $14.5 billion in back taxes. That’s because the European Union ruled that the tech giant gave special and illegal tax treatment to the country.

Shortly after the decision, the U.S. Treasury Department expressed disappointment.

“The commission’s actions could threaten to undermine foreign investment, the business climate in Europe, and the important spirit of economic partnership between the U.S. and the EU,” the department said in a statement.

Why Uber's business model could fail

9 hours ago
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David Brancaccio

There are many different ways to look at the revolutionary car service Uber. It's the company with a whopping $9 billion or $10 billion in cash reserves on hand. Or it's the company that lost $1.2 billion in the first half of this year, as we learned last week.  

A growing industry caters to college cheats

12 hours ago
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Amy Scott

Here’s a troubling thought as college classes start up again: More than two-thirds of college students admit to having cheated on an assignment.

The Chronicle of Higher Education spent months investigating a growing industry that has cropped up to help those students cheat.

With the rise of online courses, students aren’t just buying term papers or one-off assignments, said Chronicle reporter Brad Wolverton.

Decline in unions hurts non-union workers' wages

13 hours ago
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Gigi Douban

There’s this notion out there that unions are great for union members, and that’s pretty much it. But a new report from the Economic Policy Institute  looks at how the decline in labor unions has affected nonunion workers. 

Marketplace Tech for Tuesday, August 30, 2016

13 hours ago
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Marketplace

On today's show, we'll talk about the possible release of a new iPhone on Sept. 7 and what that could mean for your old iPhone; Apple's hunt for the next big thing: and the Clinton campaign's reported use of the "Snowden-approved" Signal, a secure messaging used for communicating about sensitive topics.

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Marketplace

On today's show, we'll talk about the European Union's demand for Apple to pay the Irish government $14.5 billion in back taxes; the effect of a decline in unions on non-union workers; the growing number of services aimed at helping college students cheat; and Mondelez International's decision to stop pursuing a merger with Hershey. 

Massachusetts could move one time zone east

23 hours ago
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Kai Ryssdal

The Commonwealth of Massachusetts is trying to figure out its place on the space-time continuum.

As part of an economic development bill Governor Charlie Baker signed a couple of weeks ago, the Bay State is going to study changing the time zone that it's in.

Because, lo and behold, in the wintertime in the greater Northeast, it gets dark really early.

When nations police what women wear

Aug 29, 2016
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Donna Tam

The head of the India’s tourism efforts got some flack this weekend by saying that female tourists should not wear skirts or walk alone at night “for their own safety.”

Minister Mahesh Sharma later clarified his statement, saying he meant it as advice for tourists visiting religious places.

"Good ideas never die at Disney"

Aug 29, 2016
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Kai Ryssdal and Bridget Bodnar

So far this calendar year, Disney has made more than $2 billion at the box office. That's thanks to animated movies like "Finding Dory" and "Zootopia," and also some live action stuff, like "The Jungle Book" and, of course, "Captain America: Civil War."

But there was a time when Disney wasn't the entertainment giant it is today, when it was kind of just a place where artists could go and do some creative work. 

Drones: getting down to business

Aug 29, 2016
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Sabri Ben-Achour and Stephanie Hughes

Businesses that want to use drones have had, up 'till now, to get special permission from the Federal Aviation Administration. But starting today, the FAA is loosening the rules a little bit.  You can now get a commercial drone pilot's license and be on your way, but you can't go higher than 400 feet, and you can't fly the drones further than you can see them.  

Mylan to offer cheaper EpiPen

Aug 29, 2016

On today's show, we'll talk about Amazon's plans to enter the crowded on-demand music market; Mylan's plans to sell a generic version of the life-saving EpiPen; and Florida's struggles to retain corrections officers.  

Amazon to launch music streaming service

Aug 29, 2016
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Reema Khrais

Amazon plans to a launch a music streaming service as early as next month, according to the Financial Times.

The company is reportedly wrapping up deals with the world’s largest record labels. In terms of price, Amazon would charge subscribers $9.99 a month, which is what Spotify, Apple Music, Tidal and Google Play all charge.

And Amazon isn’t the only looking to enter this space. Pandora is reportedly also wrapping up agreements with major record companies.

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Alisa Roth

Driving up to the compound in south Florida that houses the Dade and Homestead prisons, you'll see the job ads. Stuck like campaign signs in the lush green lawns outside the perimeter fences, they said “Now Hiring,” in big red letters, along with a phone number to call for more information.

More companies insure against employee harassment

Aug 29, 2016
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Lane Wallace

Workplace sexual harassment has been in the news once again as several women have publicly alleged that they were sexually harassed by the former head of Fox News, Roger Ailes.

Payroll services and software industry in transition

Aug 29, 2016
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Sally Herships

The General Services Administration late last week put out the word that it needs help – streamlining its payroll systems from five to one. Writing even one paycheck  involves a lot more than just writing a check.

Drones rule: FAA makes commercial drones legit

Aug 29, 2016
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Gigi Douban

The Federal Aviation Administration’s new rules on commercial use of small unmanned aircraft systems, or drones, take effect Monday. The regulations, announced in June, apply to drones weighing less than 55 pounds. Commercial drone pilots must take a test, at one of the FAA’s 689 testing centers, to get a remote pilot certificate.

But know this: If the terms “density altitude” and “temperature inversion” mean nothing to you, you’re probably going to have a hard time passing this test.

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Marketplace

On today's show, we'll talk about the Federal Aviation Administration's new drone rules; the collapse of the Transatlantic Trade and Investment Partnership deal between the U.S. and the European Union; and the growing market for insurance that covers claims of discrimination and harassment. 

Marketplace Tech for Monday, August 29, 2016

Aug 29, 2016
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Marketplace

On today's show, we'll talk about looser drone regulations for businesses, and new research that reveals we prefer robots that are expressive and nice, but perhaps not the most efficient. 

There might be a way to eliminate traffic jams

Aug 26, 2016
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David Lazarus and Crystal Castle

Next weekend for Labor Day, AAA estimates that 35 million Americans will travel. And about 86 percent are due to fill up their gas tanks for one final summer road trip. 

The company also estimates that it costs about 57 cents a mile to drive. But with so many people on the road, most of that fuel will be wasted idling in traffic. However, there is a glimmer of hope. Benjamin Seibold, a professor at Temple University who studies traffic, said jams can be mitigated simply by changing the way you drive. 

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Molly Wood

When it comes to TV screen resolution, apparently you can never have too many Ks.

Panasonic and Sony are teaming up to produce and sell 8K TVs by 2020. Those screens would essentially offer eight times the resolution of a standard high definition television set, so it seems like a good time for the return of my new segment: Tech Intervention.

You know what? You can have too many Ks. We're not going to need 8K TVs in 2020.

Americans are eating more cheese than ever

Aug 26, 2016
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Donna Tam

You might think it’s your American duty to buy a few extra blocks of cheddar this weekend, given the U.S. government's need to purchase surplus cheese in order to help the dairy industry. But rest assured. You have already played your part.

Americans are eating more cheese than ever — consuming over 34 pounds per capita in 2015 — and there’s no end in sight for our love with this dairy staple.

Supermarket price wars heating up

Aug 26, 2016
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Adam Allington

Competition is heating up between America's biggest grocery chains, and food prices are falling as a result. Discount retailer Dollar General said Thursday that it's cutting prices on hundreds of items across 2,000 stores.

The strategy follows a similar path set forth by other chains such as Wal-Mart, Kroger and Trader Joe's. Cutting costs to get people in the door is a time-tested strategy, but it could mean slimmer margins for both grocery stores and suppliers.

As it turns out, that could be a risky move.

Moving manufacturing jobs to Mexico isn't a bad thing

Aug 26, 2016
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David Lazarus and Crystal Castle

It isn't news that there has been a drop in manufacturing employment. 

In fact, those jobs have been in decline since the 1970s, and have dropped by 5 million since 2000. But what may come as a surprise is that the jobs that have left the United States and relocated south of the border have actually benefited workers in the United States. In order to produce commodities, Mexico needs to consume a chunk of good from the U.S. About 40 cents of every dollar that the United States imports from Mexico comes from the U.S.

This fall, TV networks go back in time

Aug 26, 2016
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Reema Khrais

Time travel seems to be a popular motif with broadcast networks these days. Three different shows about time shifting are coming to three different networks. There’s NBC’s "Timeless," Fox’s "Making History," and ABC’s "Time After Time."

But the characters aren’t the only ones trying to rewrite history. The television networks themselves are jumping into a kind of time machine.

This fall, along with their usual shows about doctors, lawyers and cops, the networks are also adapting movies and reviving old series.

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Amy Scott

Shayla Thacker had a rough start at the University of Minnesota. There were the usual freshman adjustments, like living away from home for the first time and a heavier workload.

“Then in the classes, there’s not too many students that kind of fit my profile,” she said.  

Thacker, now 22, is African-American and was raised by a single mother whose income fell below the poverty line. She’s also the first in her family to go to college.

“Just finding other students to relate to, it wasn't a natural process to connect with some of my peers,” she said.

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Marketplace Weekend Staff

As August winds down, it's time to go back to school. The United States spends $12,296 per public school student, according to the National Center for Education Statistics. That money helps take care of school operations and maintains school property.

For this week's conversation, we want to know about how you spend on education. Are you splurging on school stuff for your kids? Or maybe you're still paying off the degree you completed years ago? What have you learned?

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Ben Markus

Some people might see Sara Garton, a 74-year-old former copy editor, as a threat to Aspen’s affordable housing system. She’s lived in her one-bedroom condo in an affordable housing unit for 30 years and has no intention of moving out.

“We are in what we call the black hole of affordable housing — can’t get out,” she said. “I can’t afford this lifestyle in New Castle.”

New Castle is about an hour and a half away, a town on the interstate where housing prices are a lot cheaper.

Weekly Wrap: Janet Yellen cries hawk

Aug 26, 2016
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Molly Wood

Markets closed mixed after Federal Reserve Board Chair Janet Yellen said interest rates definitely, could, maybe go up in the next few to several months, probably. That kind of vagueness is nothing new.

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Donna Tam

The burkini just keeps making waves. France’s highest administrative court has made it possible to overturn the bans implemented on the full-body swimsuit, the BBC reported today.

The court said the ban  in one Mediterranean town "seriously and clearly illegally breached fundamental freedoms," and the ruling could set precedent for other towns with similar bans. The burkini covers everything, but a person’s hands, feet and face.

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