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) The House of Representatives is set to vote on a nearly $8 billion funding package for Hurricane Harvey relief. But there are some obstacles in its way. We'll look at how the Trump White House is trying to tie its approval to the U.S. debt ceiling limit. Afterwards, we'll discuss news that the economies of Nigeria and South Africa are starting to grow again. Then, we'll talk about a new London train line that could not only improve the city's transportation system, but serve as a symbol for Britain's future post-Brexit.
(Global Edition) From the BBC World Service...Australia hasn’t had a recession in 26 years. We’ll tell you what’s powering the “wonder down under.” Afterwards, we’ll tell you why nearly half of McDonald’s restaurants in India are closing today. Then, we’ll chat with retirees in England who are building their own broadband network in England because big telecom companies aren’t bringing the infrastructure to individual homes due to cost.
(Markets Edition) The markets aren't moving much, despite a North Korean nuclear test and flood cleanup here in the U.S. Justin Urquhart Stewart of Seven Investment Management joined us to discuss whether things will shift, and shared his take on the overall state of the world economy. Afterwards, we'll look at the infrastructure London has in place to protect itself in the event of a flood.
(U.S. Edition) In the aftermath of Harvey, more than half of U.S. ethylene production is now offline. Ethylene is key to the things that surround you — everything from what you're wearing to household cleaners. On today's show, we'll look at the ripple effect this will have on consumer goods. Afterwards, we'll discuss what London's anti-flood infrastructure can teach us about tackling natural disasters in the U.S., and then talk about United Technologies' plan to merge with Rockwell Collins in a $30 billion deal.
(Global Edition) From the BBC World Service, welcome to our inaugural show — a global look at business that's part BBC, part Marketplace! Today, a South Korean commander said Pyongyang's forces would be "buried at sea" if there's more provocation ... but will further sanctions actually work? Afterwards, a British public relations firm may collapse after it was accused of running a "hateful and divisive campaign" in South Africa. Then, what are global cities doing to prepare for future, more frequent flooding? We head down the street to the Thames Barrier to find out.
In response to North Korea's latest nuclear test, Trump tweeted that the U.S. is considering stopping all trade with any country doing business with North Korea. We'll look at how many countries actually have ties to the area, and how likely it'd be for China — one of North Korea's biggest trading partners — to sever its relationship with the country. Afterwards, we'll discuss why home improvement retailers are succeeding right now, and then talk about the financial struggles NFL players may face after they leave the field.