(Markets Edition) Toys 'R' Us has filed for Chapter 11 bankruptcy, which means it's going to try to restructure the business instead of shuttering its operations. We'll look at how the company has struggled with debt since 2005, when private-equity firms took over in a $6.6 billion buyout. Next, we'll talk about a possible upswing in the seasonal job market, and then discuss how Macy's fulfillment centers could be an opportunity for the tens of thousands of retail workers who lost their jobs this year. Finally, we'll report on the major stock indices, which are mixed this morning.
(U.S. Edition) Toys "R" Us is filing for Chapter 11 bankruptcy, meaning it's going to try to reorganize in order to pay back its $5 billion of debt. We'll take a look at how the toy giant ended up in this jam. Afterwards, the head of Bridgewater Associates — Ray Dalio — joins us to discuss the unconventional methods his hedge fund uses to evaluate employees and their ideas. That includes a system where employees rate each other, in real time, during meetings.
(Global Edition) From the BBC World Service ... Toys R Us, the largest U.S. toy chain, has filed for bankruptcy protection. We’ll explain what it means for the retailer’s global stores and the future of bricks-and-mortar toy selling. Afterwards, we’ll chat about how the People’s Bank of China’s consideration to open its capital markets to foreigners could be a negotiating tactic with the U.S. Then, ahead of this weekend’s elections, we’ll take you to a city in east Germany that is struggling to compete with the capital might of the western part of the country.
(Markets Edition) We've said it before, and we'll say it again: the stock market is not the economy. The S&P 500 closed at an all-time high on Friday, and it's up this morning, along with the Dow and Nasdaq. But economist Julia Coronado, founder of Macropolicy Perspectives, joined us to discuss how these trends don't mean the economy is equally booming. Afterwards, we'll look at the Senate's scheduled vote on a bill that lays out America's spending priorities. One of them: countering threats from North Korea. And finally, we'll talk about Germany's upcoming election, and how the Rhineland region in particular is pulling in two directions.
(U.S. Edition) Boeing is accusing the Canadian company Bombardier of selling its planes too cheaply, and wants the U.S. government to impose tariffs on them. We'll discuss why this is a problem for both Canada and the U.K. Afterwards, we'll talk about Facebook's decision to turn over records of ads purchased by Russian-linked accounts to Special Counsel Robert Mueller. And finally, we'll look at how one ebook-based course is trying to change the way students learn about economics.
(Global Edition) From the BBC World Service ... the U.K. and the U.S. have touted their special relationship, but we’ll tell you why a dispute with a Canadian plane manufacturer is leading to tensions on both sides of the Atlantic. Afterwards, we’ll discuss why Snapchat is making headlines after agreeing to block Qatari-backed news organization Al Jazeera from its platform in Saudi Arabia. Then, we’ll take you to Rhineland, home to thriving cities but struggling mining towns where German Chancellor Angela Merkel’s chief rival is also struggling ahead of a key vote this Saturday.