Marketplace Morning Report
Start your day with an up-to-the-minute report on the world of business and finance with host David Brancaccio.
Airing on Wednesday, Feb. 25, 2015: Today, thousands of adjunct faculty and their students around the country are planning demonstrations to demand better pay and some kind of stability. We learn more about these temporary, often part-time, and usually low-paid instructors-for-hire. And Federal Reserve Chair Janet Yellen is back on Capital Hill today talking jobs and the economy. But what she's saying is likely to sound a lot like what she's said before. Plus, Campbell Soup reports its second-quarter earnings today and it is already warning that it expects those numbers to be down given the strong dollar. The well-known brand recently reorganized shifting its central focus from its familiar soups, which have faced lukewarm sales of late, to bigger moneymakers like the baby food Plum Organics.
Airing on Tuesday, Feb. 24, 2015: First up, more on the banks being accused of rigged the market for precious metals. Plus, talks are expected to resume this week between unions and oil company representatives in the largest U.S. refinery strike in decades. The strike expanded this past weekend when other refineries including Motiva Enterprises, the largest refinery in the nation, joined the strike. Is a deal imminent and how is the slowdown affecting gas prices? And we've been reporting on the ways a few of these institutions are introducing technology to try to improve education these kids. Today, we hear the story of Shawnee, a 14-year-old, at the Wyoming Girls School in Sheridan Wyoming. Like Shawnee, most of the girls at the school have been sentenced for non-violent offenses like drug possession and parole violations.
Airing on Monday, Feb. 23, 2015: Late Friday, the European Union granted Greece its extension to its financial lifeline. In return, Greece needs to immediately write down, sign and hand-in a list of financial reforms. More on that. Plus, the federal government spends about $150 million a year on education for neglected and delinquent kids. A big piece of this goes to residential juvenile justice facilities that house an average of 60,000 young people a day. This is a group that is required by law to get schooling, but critics say the record here is not good. We visit some juvenile justice facilities to looks at the role technology might play here. Plus, for some of us the recent run of freezing temperatures and snowstorms has made getting to work rough, a frustration, certainly an inconvenience. The lucky ones can work from home for a day or two, distracting cooped up kids with screen time. Some of us aren’t so lucky … even when public transportation has shut down and all the cabbies stay home. We reports on how workers and their employers slog through these cold weeks.
Airing on Friday, Feb. 20, 2015: As part of its wage initiative, Wal-Mart is giving more of its workers fixed schedules. Having a fixed schedule, rather than being on call, has many advantages for low-wage workers. Like, you can schedule a second job. Plus, with the Oscars coming up this weekend, we take a look at the economy of the red carpet.
Airing on Thursday, Feb. 19, 2015: As retail giant Walmart reports its latest quarterly earnings, we look at possible growth areas for the company. Plus, you've heard that quote "Whiskey's for drinkin', water's for fightin"? That's been true in California for well over a century and the current drought has only intensified conflict over who should get how much water and from where in this thirsty state. As part of our series "Water: The High Price of Cheap," we look at how echoes of past water wars still reverberate today.
Airing on Wednesday Feb. 18, 2015: Today, Swiss prosecutors raided the Geneva office of the second largest bank in the world, HSBC. The allegations are described as "aggravated money laundering." More on that. Plus, we look at the situation this morning with Greece and debt relief with the possibility of global financial instability if Greece has to switch from the euro back to the drachma. Regardless of whether Greece stays in the eurozone or leaves, a key challenge will be collecting taxes, with some Greeks raising tax avoidance to a high art. And the postal delivery van, that boxy fixture of the American landscape, is going to get a makeover. The vehicles guzzle fuel and cost thousands of dollars a year per truck in maintenance. Representatives from car companies are meeting with the post office today to talk over what the next mail truck might look like.