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, December 31, 2014: First up, a Chinese court takes a stand against pollution. And we'll also look ahead to climate policy in 2015. Plus, American Apparel is cutting hours and laying off workers at some of its factories "to conserve funds." We look at what’s behind the move and what the implications are for the company.
Airing on Tuesday December 30, 2014: First up on today's show, stock markets in Europe are down again on Tuesday, influenced by the general election that’s on the way in Greece. More on that. Plus, we'll talk about healthcare trends in 2014 and 2015. We focus on hospitals buying up physician practices.
The White House is working with businesses to find ways to prevent more cyber-extortion like the Sony hacks. How easy will it be for them to work together when the two sides are so frequently at odds over national security and government regulation? Plus, shareholders vote Monday on whether Walgreens should purchase the remaining 55 percent of the European drugstore company Alliance Boots that it doesn’t already own. We examine what’s behind the purchase and what will it mean for the American consumer.
Airlines are adding back small amenities, like hot towels, to help travelers forget how uncomfortable they are. But some business frequent flyers are choosing coach anyway, preferring to use their shrinking travel budgets for nicer hotel rooms. Plus: A look at if a new self-destructing phone from Blackberry can help save the company from utter annihilation. Also: Coke fizzes out at the end of 2014 with plans to cut $3 billion from its annual budget, including executive perks and about 2,000 jobs.
Airing on Thursday December 25, 2014: Twenty-one states are raising their minimum wages beginning January 1. That means Walmart, which has a large workforce making the minimum, will have to give raises to a lot of its workers. Plus, we look at why olive oil is getting so expensive. And if you're particularly fond of the movie "A Christmas Story," you might want to make the trip out to Cleveland to visit the house from the movie. This year marks a decade since its owner, Brian Jones, bought the house used for the film’s exterior shots for a flat $150,000 from its owners on eBay. It was a dilapidated mess and one of the many victims of the horrid housing market here in the city. But since sinking more than $1 million into its renovation, the Christmas Story house sees 50,000+ visitors annually year-round, and just last year started a foundation where money raised (about $60,000) goes towards helping other homes in the area get fixed up.
Airing on Wednesday December 24, 2014: More on news that South Korea has indicted the CEO of Uber. And ahead of the final Jobless Claims report for 2014, we take a final look at holiday hiring and its impact on the overall jobs numbers. Plus, in the wake of the Russian economic meltdown, we explore whether or not Russians are taking their money and panic-buying properties in London as a way to safeguard their money.