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. 11, 2015: First up, officials in Greece today are expected to play their opening hand in what they hope is a negotiation over whether the country has to repay all its debt. Greece's new government has set out to ease years of tough austerity. More on that. And starting next week, millions of students will take the first of two rounds of new tests tied to what are called Common Core education standards. The state tests took years and hundreds of millions dollars to develop. Setting aside, for now, the controversy over whether a Common Core of standards is best for students, listen to what goes into building a new test. Plus, as part of its high-profile campaign to address concussions and other football injuries, the National Football League is hiring the President of Brigham and Women’s Hospital in Boston as its first Chief Medical Officer. What will this consulting role entail and is it a sign that the NFL is becoming proactive versus reactive on player safety issues.
Airing Tuesday, February 9, 2015: Who would have thought? News of yet another investigation into a Swiss bank helping Americans hide money. Dr Pepper’s stock is on a tear, while Coke and Pepsi, not so much. Why are the behemoths of the soda business lagging behind the upstart. And South Florida is worrying about the rising ocean flooding much of it and ruining drinking water for what’s left, but you’d never know it from the condo boom in Miami. Why do they keep building like mad? The condos aren’t homes, they’re speculative financial instruments attracting foreign buyers.
Airing Monday, February 9, 2015: A senate report set to be released today says that cars connected to the internet could be a security risk. More on that. Plus, there's news the average price of gasoline is up 13 cents in the last two weeks. Some are saying the crash for gas prices is coming to an end. We look at the International Energy Agency's look-ahead for the next five years, set to be released tomorrow. And there was a time not so long ago that American bankers avoided mentioning their occupation. In the U.S., some of that stigma has evaporated. But in the UK, there's a plan to prosecute senior bankers if things go wrong.
Airing on Friday, February 6, 2015: First up on today's show, a new study says the percentage of people willing to pay for apps on their smartphones and tablets is about one-third, and falling. We look at the rise of other business models that allow app makers to stay in business. Plus, sales of packaged products for brands like Kraft and Campbell's are flat in traditional grocery stores, but are selling well in dollar stores, especially in smaller sizes – leading these companies to focus more closely on expanding their line of products in these stores and to lower-income shoppers. We'll also speak with Univision’s Leon Krauze talk about English speakers in Mexico.
Airing on Thursday, Feb. 5, 2015: First up, more on the hacking of personal information at Anthem, the second larger health insurance company in America. Plus, new research from the University of Pennsylvania says there’s a growing education gap between the wealthy and the poor. The wealthy are far more likely to complete college. We unpack the causes and implications. We'll also talk about one of the toughest cost-benefit calculations of our daily lives: balancing the "I feel gross-do I have a fever?" realization with the "But I really have to get into work today" impulse.
Airing on Wednesday, Feb. 4, 2015: We'll lead with how today's strong dollar pulls value out of Michigan and sends it to Tokyo or Stuttgart. Plus, Coca-Cola is launching a premium fortified de-sugared lactose-free milk. Can Coke do for milk what it’s done for OJ and water? And when a city mismanages its water supply, getting neighbors to help out is no slam dunk. Waukesha, Wisconsin, is learning that as it seeks to tap Lake Michigan for its drinking water. Because of the Great Lakes Compact, eight governors have to sign off, even Andrew Cuomo way over there in New York, nearly 1,000 miles away. This story from our series looking at the true cost of water called "Water: The High Price of Cheap."