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 Tuesday, June 9, 2015: The U.S. Department of Education has announced that it will forgive the debt of thousands of Corinthian College students—the institution that closed or sold its campuses after the government found evidence of predatory recruiting and falsified placement rates. Plus, amid a huge national push to get more low-income high school graduates to go to college, there’s a growing recognition that, for many students, short-term certifications or trade school may be a better fit. We check in with Oyler School in Cincinnati, where the annual “college day” has adapted to promote other paths to success. And Taobao, a subsidiary of the Chinese e-commerce giant Alibaba is sponsoring same-sex couples who will come to the U.S. to wed. We analyze the business strategy at work—what is risked and what is gained by serving a market that is large but marginalized in China.
Airing on Monday, June 8, 2015: A group of seven leaders are gathered to discuss Russia and Ukraine; tensions over Greece's financial situation; and as Marketplace's Tracey Samuelson tells us, trade. And car dealers are fighting Tesla’s efforts to open direct-sale stores, and it's not just because of Tesla. A weakening of state franchise laws could open the door to consolidation of the nation’s fragmented dealerships. More on that. Plus, with issues of racial bias in policing galvanizing protesters and motivating Justice Department investigations, we ask whether having more police officers of color would actually improve policing in minority communities and make people of color safer from racially-unbalanced use of force.
Airing on Friday, June 5, 2015: OPEC is meeting today to indirectly talk about our household budgets. More on that. Plus, the prospects for young people trying to find jobs this summer have improved. We look at some of the economic factors behind this development. And Apple is expected to announce its much-anticipated streaming music service during its developers' conference in San Francisco next week. We take a look at why Apple, a tech gadget maker, wants to get into the far less profitable streaming music business.
Airing on Thursday, June 4, 2015: Stocks tumble with the realization that inflation is not dead ... especially in Europe. More on that. Plus, we talk about the implications of President Obama's admission to Marketplace's Kai Ryssdal that China has put out feelers about joining in on the big trade deal that's currently under negotiation.
Airing on Wednesday, June 3, 2015: First up, with the prime minister of Greece is on his way to Brussels today, we'll talk about attempts to persuade lenders to unlock more emergency money to try and keep the country solvent. And we hear frequently that many veterans returning from Iraq and Afghanistan suffer from mental illness. And many end up getting arrested for crimes such as domestic violence and assault. Since 2001, nearly 200 specialized courts have been developed around the country, designed to help veterans navigate the criminal justice system, taking into account their particular needs, such as traumatic brain injury and PTSD. We look at how these courts help veterans while saving jurisdictions the costs of incarcerating them.
Airing on Tuesday, June 2, 2015: First up, more on news that some big insurance companies that sell policies under the federal health law are pushing to raise premiums sharply next year. This returns us to the persistent question: how affordable is the Affordable Care Act? And figures on new auto sales are released Tuesday and they’re expected to be good news for automakers. We take a closer look at what's behind the positive numbers for the auto industry. Plus, California is considering fines to enforce mandatory water cut-backs, but a start-up in Oakland has a different idea. It's giving customers cash to use less water.