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.
All the talk these days is about the likelihood of the U.S. Congress avoiding a fiscal cliff. You know who’s not worried? Warren Buffett. Plus, his views on the next Treasury Secretary, Oreos for breakfast, and taxing the rich.
From the archives: You know who’s not worried about the fiscal cliff? Buffett.
Airing on Tuesday, April 28, 2015: Tyson announced that it will stop routine feeding of antibiotics to chickens. But the USDA reports the dispensing of antibiotics to livestock like cattle and hogs continues to grow. Plus, Charles Koch says his company, Koch Industries, will no longer ask job applicants to check a box attesting to whether or not they’ve been convicted of a felony in the past. He joins a national movement that seems progressive on its face, yet includes a number of prominent right-wingers. What’s in it for these companies to “ban the box”?
Airing on Monday, April 27, 2015: For-profit Corinthian Colleges Inc. says it will close its remaining campuses, displacing thousands of students. The business has struggled since the Department of Education cut off access to federal student aid over graduation rates and allegations of falsified job placement rates. There are also state investigations, and a lawsuit from the Consumer Financial Protection Bureau. We check on government regulation of the industry, and on the broader for-profit education sector.
Next: say you're a restaurant chain, and you decide using non-GMO ingredients was a smart business strategy. What would it take? For Chipotle Mexican Grill, it took two years to be the first restaurant to have no GMOs, and it started with a fairly simple menu.
Airing on Friday, April 24, 2015: Now we know the size and scope of Amazon’s growth engine—its cloud services—and it's pretty powerful. Marketplace reporter Sabri Ben-Achour looks at the Amazony-ness of it all. Start small, build a big lead. Market share, market share, market share. But the competition is coming on strong, and it’s going to take some big investments for Amazon to hold it’s own, even with its lead. Next, the match-up between Floyd Mayweather Jr. and Manny Pacquiao has finally been confirmed, with the event set to take in millions of dollars. Kenneth Shropshire from the Wharton Sports Business Initiative joins us to talk about the much-anticipated fight.
Airing on Thursday, April 23, 2015: The opposition to giving the president expanded authority to work on a trade deal with Pacific nations is coming together around the issue of currency manipulation. So what does that mean, exactly, in the context of international trade? We explore. Next, after initially looking like a straightforward deal, it appears the Time Warner-Comcast merger may be on its deathbed. If the deal doesn’t go through, what’s the fallout for consumers – good, bad, a little bit of both? Or will there be no effect at all?