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, January 28, 2015: If you want to make money, dominate a global cultural phenomenon. Apple, the iPhone company, just made a staggering amount of money. More on that. Plus, the Koch brothers’ plan to raise nearly $900 million for next year’s elections isn’t broad-based fund-raising. It will focus money from a few hundred people on state and national races. And profits on Wall Street have been falling as of late; But JP Morgan and Bank of America have found one niche market where revenue is guaranteed: Federal prisons.
Airing on Tuesday, January 27, 2015: If you're a global company based in the U.S., a strong dollar doesn't necessarily benefit your business. More on that. Plus, the Irish airline Aer Lingus has approved the takeover bid by the parent company of British Airways. More on what happens next. And more and more healthcare is happening outside of hospitals. Often, that means patients are getting basic care at big retail stores. In Southern California, Kaiser Permanente recently opened four clinics inside Target locations. But when providers go out to meet patients where they are, can security get lost along the way?
Airing on Monday, January 26, 2015: A leftist coalition is taking power in Greece, now that the results are in from this weekends general election. The new government promises to ease what has become years of grinding austerity and to cut payments on Greece's debt. More on that. Plus, you may be the exception, but odds are this weekend you did not go to opera, dance, live theater or the museum. The National Endowment for the Arts says attendance continues to fall. And those who show up are getting older. Through a series of reports, the NEA wants to give arts organizations new insights into the what patrons, dare we call them consumers, want.
Airing on Friday, January 23, 2015: First up on today's show, an update from Greece on an election that could alter the world economy. Plus, the President is set to make a visit to India. On his last trip abroad, President Barack Obama announced a pollution deal with China. We look at how India’s environmental pollution stacks up, and what the U.S. might do to curb greenhouse gas emissions there. And also, a paradox: Pharmaceutical companies often don't develop drugs and vaccines for infectious diseases like malaria and tuberculosis because there's just not much money in it. That's because most people with those conditions are poor and live in countries with health systems with little means to pay. What about other incentives to combat global health epidemics?
Airing on Thursday, January 22, 2015: The financial event of the day: the European Central Bank could trigger a stimulus program. But how and how much? Plus, after the White House this week circulated some big changes to the tax code the President is now seeking, we talked to an expert on a trust fund part of it. A number of listeners wrote us saying words to the effect of "hello...what about inheritance tax?" Good point. How might controversial inheritance tax play out if the President's trust fund plans were to somehow gather steam? And in the land of the dollar store, today is a big day. Family Dollar shareholders are expected to vote on a $8.5 billion merger with Dollar Tree. And they might accept it.
Airing on Wednesday, January 21, 2015: President Barack Obama hits the road this morning to continue pushing for the priorities he outlined during last night's State of the Union address. As we find out, when it comes for paying for what the President is proposing, the devil is in the details. Plus, some of the policy outlines of what the Obama Administration hopes to accomplish trickled out in White House memos ahead of the speech. One such policy would put most American workers--even many part-timers--into retirement plans by default. More on that. And last year, a record 112 million people tuned in to the Superbowl, with the next one in about a week and a half. This year's half-time show is Lenny Kravitz with Katy Perry ... which many will not see because they might click over to YouTube at the half.