Marketplace Morning Report
Start your day with an up-to-the-minute report on the world of business and finance with host David Brancaccio.
(U.S. Edition) Finance ministers from the European Union will discuss the possibility of levying taxes on companies where they do their business. On today's show, we'll take a look at where global tax reform is headed. Afterwards, we'll discuss how one drug company is trying to extend its drug patents by selling them to a Native American tribe.
(Global Edition) From the BBC World Service ... European finance ministers will talk this weekend about how to get more tax dollars from online tech giants like Google and Facebook without hurting smaller startups. We’ll tell you what they’re proposing. Afterwards, we’ll talk to retail guru Mary Portas – known as the Queen of Shops – about whether the downfall of physical retail has been greatly exaggerated. Then, we’ll take you to Ethiopia where companies like Rolls-Royce and British leather firm Pittards are hoping to take advantage of more robust trade.
(Markets Edition) Another reason we all wish Harvey and Irma never happened: they arrived very late in America's economic cycle, which could slow rebuilding. On today's show, economist Diane Swonk breaks down what these natural disasters spell for the country's economy. Afterwards, we'll look at Trump's decision to block the $1.3 billion sale of an Oregon-based chipmaker to a Chinese-backed firm. Then, we'll talk with Marketplace regular Allan Sloan about this frustration with the Equifax data breach and the company's power over consumers.
(U.S. Edition) The U.S. government will stop using anti-virus software made by the Russia-based cybersecurity firm Kaspersky Lab. While Kaspersky has denied colluding with the Russian government, we'll look at how this software could be used to surveil consumers. Then, as Amazon prepares to build a mega-warehouse in Mexico, we'll talk about the country's growing reliance on online shopping. And finally, we'll discuss whether low inflation is a real problem for the U.S.
(Global Edition) From the BBC World Service ... President Donald Trump has barred the sale of a U.S. chip manufacturer to a Chinese-backed firm. We’ll tell you what’s behind the move. Afterwards, we reflect on the 10-year anniversary of the first run on a British bank in 150 years, and explore whether the world’s financial institutions are better off now than they were a decade ago. Then, we take you to Berlin where Germans are preparing to head to the polls next week. Though Chancellor Angela Merkel is expected to win a fourth term, not everyone is happy.
(Markets Edition) President Trump recently met with three Democrats to find common ground on tax reform. The Trump White House is aiming to cut the corporate tax rate from 35 to 15 percent, which they may do by ending widely used tax breaks. Harvard professor Kenneth Rogoff stopped by to explain why trying to do this will be a painstaking task. Afterwards, we'll look at the inertia happening in the bond market, and then discuss how the agency investigating toxic chemical leaks could face budget cuts.