Marketplace Morning Report
Start your day with an up-to-the-minute report on the world of business and finance with host David Brancaccio.
Panama has abruptly cut ties with Taiwan and embraced mainland China, a major blow for Taiwan's government. On today's show, we'll take a look at some of the likely incentives for the Central American country's move. Afterwards, we'll discuss Gymboree's Chapter 11 bankruptcy filing, and then talk about the Medill School of Journalism's decision to let its accreditation lapse.
The Trump administration could rein in the Consumer Financial Protection Bureau, a watchdog agency that critics say has too much power. We'll talk about the exact restrictions the White House might place on the bureau, and why the president's team takes issue with it. Afterwards, we'll look at how sanctions imposed on Qatar by five Middle Eastern countries has been affecting it economically. Plus: On the one-year anniversary of the Pulse nightclub shooting, we'll discuss how businesses in the area have been faring.
The British election results are in, revealing that the ruling conservative party has lost its majority in Parliament. On today's show, we'll take a look at what this means for the future of Brexit negotiations. Afterwards, Robert Puentes — president and CEO of the Eno Center for Transportation — explains what public-private partnerships would mean for t America's infrastructure system.
With Former FBI Director James Comey set to testify on Capitol Hill this morning, we'll discuss what's at stake for the U.S. markets and business interests. Next up, we'll look at a new financial rule that'll raise the standards for investment advisers, and then talk about why major U.S. airlines have agreed to stay in a global agreement to reduce carbon emissions.
Investigations at Uber over harassment and discrimination claims have led to the dismissal of 20 employees. As controversy after controversy continues to plague Uber, what will the company's future look like? Fortune editor Adam Lashinsky joined us to talk about whether its workplace culture can change, and if it can continue to attract talent. Afterwards, we'll look at the challenges South Africa's economy currently faces, including citizens' lack of confidence in the country's president. Plus: We explain the psychological reasons behind stock splitting.
General Motors' annual shareholder meeting today might get a little heated. One activist investor is unhappy GM's share price is almost exactly the same as it was when the company came out of bankruptcy. So he's proposing some financial re-engineering of the company's stock. On today's show, we'll explain how stock splitting works. Afterwards, we'll chat with the editor in chief of The Economist, Zanny Minton Beddoes, about who the publication is endorsing in the upcoming U.K. election. Plus: A look at Puerto Rico's education crisis.