Every weekday on Marketplace, Kai Ryssdal hosts a lively and unexpected exploration of the day’s business and economic news from Wall Street to your wallet.
Behold the new Era of Good feelings on Capitol Hill? Well, maybe not quite. The latest on the state of play, as well as an assessment of whether the government has finally managed to get out of its own way and create the certainty that markets, investors and business leaders say they need. Also: The College Board's AP tests have become a highly successful product line -- more students are taking the tests, which don’t come cheap. Finally, New York may be the first state to ban microbeads used as scouring devices in facial creams and toothpastes, catching up to studies showing the beads are entering the aquatic food chain because they’re too small to be filtered out by water treatment systems. Some companies have pledged to switch to natural materials.
The non-profit makes a deal with Getty to stock more pictures of empowered women. We look at how stock photos have taken over the image world, what the move can mean, and what it can’t do (change needs to come from the demand side, and not just the supply side). In other familiar pictures, AOL CEO Tim Armstrong is in the news again, having delivered yet another mea culpa related to his fast mouth and poor choice of words. How many passes does the man get before he loses his job? And, in medical news, rather than getting paid based on how many tests they do, but on whether their patients get better and stay better. So healthcare providers are looking for comparatively inexpensive ways to improve outcomes. Enter the “lay community health worker.”
There’s a gap between the payroll jobs report and the household jobs report. We explore possible explanations for the difference. Next, the Sochi Olympics are finally here, and NBC is time-delaying its broadcasts of the spectacle -- but are they actually losing audience or profits by its delayed broadcast strategy? The perennial debate. Finally: Apple is buying back its stock. Big time -- $14 billion’s worth over the last two weeks.
The jobs number appears to be falling out of favor with economists. So when it comes to jobs, which number should we trust? Plus, people's drinking habits are changing -- and Green Mountain Coffee is reaping the benefits. Coca-Cola is buying a 10 percent stake in the company. We look at what’s in it for Coke, and what’s in it for consumers, as people’s drinking habits change. Finally, more and more banks are introducing fees for checking accounts and withdrawing the availability of free checking accounts. We look at why the banks have to find ways to boost their revenue streams.
CVS is giving up the smokes, and turning itself into more of a healthcare company. We look at the economics of the new, healthcare focused pharmacy, and ask what CVS’ move means for the pharmacy business. Next, Twitter has spent one year in the public eye. As its earnings come out today, we look at what it needs to do to keep growing in the future. Then, if you attend the Sochi Olympics, you’ll see a big presence by U.S. corporate sponsors -- but not so much here at home. Corporate spnosors are keeping a low profile in the U.S., for fear of bad associations with Russian corruption. And finally: The latest battle in the fight over unequal pay for women is the compensation package for GM's new CEO, Mary Barra. She'll receive about $4.4 million, compared to the $9 million her predecessor Dan Akerson made.
Microsoft hired a CEO today, after 6 months debating: Insider or outsider? It’s a decision that many companies wrestle with, raising questions of expense, innovation, familiarity and more. Next, the markets have now fallen about 8 percent, and we take a look at the concept of "correction." What does it take to make a "correction" officially? Plus, how the Affordable Care Act could shrink the workforce. The Congressional Budget Office's newest numbers suggest folks will stop working, while others will work fewer hours. And finally, tech companies are signing on to President Obama’s push to connect all school children to the internet, offering $750 million in hardware, software and internet access. What do these companies stand to gain?