Business

Business news

Market reaction to Brussels terrorist attacks

Mar 22, 2016

On today's show, we'll talk about the effect of Tuesday morning's Brussels attacks on the markets; tax policy; and the increased competition Nike is facing from Under Armour, an apparel company .

Adobe CEO Shantanu Narayen on how data is shaping tech

Mar 22, 2016
narayen-photo3.JPG
Bruce Johnson

Adobe is holding a big summit focused on digital marketing in Las Vegas on Tuesday.  The company has plans to go far beyond some of the things it's best known for — like its suite of software for creators — and into content distribution.  

Adobe is also coming off a very good earnings report — the company seems to have moved successfully into the world of paid subscriptions, where people rent Photoshop instead of buying it. 

Can Steph Curry help Under Armour score against Nike?

Mar 22, 2016
stephen%20curry.jpg
Adrienne Hill

Nike reports quarterly earnings this afternoon. Analysts have high expectations.

But could reigning NBA MVP Steph Curry, and his deal with Under Armour, pose a threat to the sports giant?

Under Armour has seen a huge increase in basketball shoe sales.

"I think every brand can be successful in this space," said Matt Powell, a sports industry analyst at The NPD Group. "I just don’t think any brand catches Nike."

Powell said Nike controls more than 90 percent of the multi-billion dollar market for basketball shoes.

Obama speech is eagerly awaited in Cuba

Mar 22, 2016
obama_10.jpg
Tracey Samuelson

President Obama continues his historic visit to Cuba with a speech directed at the Cuban people Tuesday morning at El Gran Teatro de Havana.

Aberdeen copes with the oil downturn

Mar 22, 2016
northsea.jpg
Sam Beard

“We don’t want to become the Detroit of the U.K.,” warns Damien Bates – editor of a local newspaper in Aberdeen. “We don’t want to rely on one industry, and if it collapses and goes, we don’t want to be left wondering: what do we do next?" 

Hospital mergers within state borders drive up costs

Mar 21, 2016
hospital_5.jpg
D Gorenstein

There’s a growing – and troubling – body of evidence that hospital mergers lead to higher prices. In other words, insurers, employers — we all tend to pay more for C-sections, heart surgery and hip replacements as hospitals get bigger and more powerful. 

For more than 40 years, a handful of economists, anti-trust lawyers and health policy wonks have worried hospitals that merge, but operate in entirely different markets — so-called "cross-market mergers" — drive up prices.

Staples and Office Depot fight FTC for merger

Mar 21, 2016
officedepotstaples.jpg
Mitchell Hartman

Staples and Office Depot face anti-trust lawyers for the Federal Trade Commission in U.S. District Court on Monday. The companies are fighting to complete their $6.3 billion proposed merger — an acquisition by Staples that follows Office Depot’s acquisition of competitor Office Max. The FTC argues that allowing the remaining no. 1 and no. 2 office-supply chains in America to hitch up will create monopoly market conditions and restrict competition.

uspostal.jpg
Kim Adams

This week, Nashville, Tennessee is hosting a conference for people in the postal industry. Attending will be representatives from the U.S. Postal Service, which, after more than a decade of belt-tightening, is starting to add jobs and increase hours for its workers. But long-term financial problems threaten the stability associated with a postal service job.

Marketplace Tech for Monday, March 21, 2016

Mar 21, 2016
apple_2.jpg
Marketplace

On today's show, we'll talk about Apple's expected plans to unveil a new iPhone and iPad at its upcoming launch event, and the challenges Stripe — an internet commerce company — will face in Cuba as it prepares to do business there. 

hotdogs.jpg
Marketplace

On today's show, we'll explain Venezuela's economy using hot dogs; talk about the consequences of a Staples-Office Depot merger; and look at the growing instability of a U.S. Postal Service job. 

GettyImages-473109604.jpg
Kai Ryssdal

This final note on the way out today, of interest mostly to the slice of you that uses Twitter on a regular basis.

And for those of you curious about what tech companies have do to grow and keep making money:

Twitter co-founder and CEO Jack Dorsey told the Today Show that the 140 character -- limit arguably Twitter's defining characteristic -- isn't going anywhere.

 

Weekly Wrap: Janet Yellen and the global economy

Mar 18, 2016

Joining us to talk about the week's business and economic news are David Gura at Bloomberg TV and Leigh Gallagher from Fortune Magazine. 

Click the audio player above to listen to their conversation.

Hulk Hogan awarded $115 million in Gawker case

Mar 18, 2016
GettyImages-514540128.jpg
Tony Wagner

Hulk Hogan won big Friday in his lawsuit against Gawker Media.

Marketplace for Friday, March 18, 2016

Mar 18, 2016

How mid-life crisis can translate into financial crisis; a look at why so many hedge funds closed their doors in 2015; and the top economic news of the week with the weekly wrap. 

coalmine.jpg
Scott Tong

There’s one sure-fire way to cut carbon emissions: have a recession. People drive less, companies produce less, the world emits less.

But is there a way to grow, create jobs, and still shrink our carbon footprint? There’s new evidence that “decoupling” may be starting.

For four decades, the International Energy Agency has measured the world economy going up and down, in tandem with greenhouse gas emissions. That is, until now.

Workplace injuries going unreported due to cost

Mar 18, 2016
download_3.jpg
Sarah Menendez

Remember when someone found a piece of a finger in their chili at Wendy’s? Apparently severing a fingertip or getting an arm amputated at the workplace isn’t all that uncommon.

The Dispatch, Ep 7: Will VR for games take off?

Mar 18, 2016
virtualreality.jpg
Molly Wood

The world is in a swoon about virtual reality right now: the future of entertainment, education, tourism, video games, even journalism.

It's a rough time to be a hedge fund

Mar 18, 2016
GettyImages-505143150.jpg
Sabri Ben-Achour

More hedge funds closed their doors in 2015 than at any time since the financial crisis, according to new research from HFR.

Nine-hundred-and-seventy-nine funds closed up shop in 2015, up from 864 in 2014. Only 183 new hedge funds started up in the fourth quarter of 2015, the lowest number since 2009.

“It certainly is a desolate landscape,” said Steven Davidoff Solomon, professor at UC Berkeley. “What can only be described as a slaughter.”

Surviving on Social Security and food stamps

Mar 18, 2016

Yes, you did it! You made it to the end of the week! Here are some need-to-know numbers to send you off on your merry way. 

via GIPHY

Feeding the crowds at South by Southwest

Mar 18, 2016
brisket.JPG
Stephanie Hughes

The South by Southwest festival is wrapping up in Austin, Texas, this weekend. According to a report from the festival looking at 2015, last year, it injected more than $317 million dollars into the Austin economy.

A mid-season decline

Mar 18, 2016

On today's show, we'll talk about the Federal Reserve's interest rate hike plans; a possible halt to the Starwood-Marriott merger; and how mid-season hiatuses are causing a viewership decline for some shows. 

The mid-season ratings slump

Mar 18, 2016
fitz.png
Adrienne Hill

After a long break, "Nashville," the country-music drama from ABC, returned this week in all its soapy-twangy glory, with a tear-jerker of a a wedding.

And the audience for that wedding bucked a trend. 

More viewers watched the new season opener than tuned into last season's  finale back in December.

Many other network shows, including some of the most popular, appear to have lost audiences during their multi-month hiatus. 

The financial anxiety of living on a fixed income

Mar 18, 2016
betty.JPG
Nancy Marshall-Genzer

I’m with Betty Moncrief in a cemetery in Birmingham, Ala. We’re standing under a tree, which shades four graves.

She points to her mother’s grave, and then to the one she’s picked out for herself.

Betty is a sturdy 79-year-old who tells me to watch my step on the uneven ground. I wanted to see the grave because paying for it is one of the things that keeps Betty up at night, worrying.

cubaandUS.jpg
Kim Adams

President Obama is headed to Cuba this weekend, along with an entourage of diplomatic and trade officials. Airlines have been bidding for rights to fly new routes to the island as restrictions are lifted on the country, and the U.S. Postal Service announced this week it was resuming direct transportation of mail with Cuba for the first time in 50 years.

The perils and pleasures of video game voice-over

Mar 18, 2016
batman.png
Molly Wood and Levi Sharpe

What do a fish, a platypus and a cinnamon bun all have in common?

They're all voiced by Dee Bradley Baker. He is a voice-over artist who specializes in human and non-human creature voices. His characters include Klaus the Fish from "American Dad!," Perry the Platypus from "Phineas and Ferb," and Cinnamon Bun from "Adventure Time."

Marketplace Tech for Friday, March 18, 2016

Mar 18, 2016
bradleybaker.jpg
Marketplace

Airing on Friday, March 18, 2016: On today's show, we'll talk about Adobe's success as a cloud-based provider of enterprise services; learn about the voice-over industry from Dee Bradley Baker, the voice behind Perry the Platypus from "Phineas and Ferb" and Cinnamon Bun from "Adventure Time"; and play this week's Silicon Tally with Dana Wollman, Managing Editor of Engadget. 

Marketplace for Thursday, March 17, 2016

Mar 17, 2016
GettyImages-1610868.jpg
Marketplace

As coal prices decline, bankruptcy looms for big coal producers; how Chipotle's brand faces changes after a series of noroviral outbreaks; and why weekly jobless reports matter

GettyImages-515580488%20%281%29.jpg
Kai Ryssdal

From the Economist Intelligence Unit the top 10 global risks.

Number one is a hard landing for the Chinese economy.

Skipping a bit:

Number five is the Eurozone falling apart.

Number six is Donald Trump winning the election.

Check it out for yourself.

 

Meeting Mr. Robot

Mar 17, 2016
Sam%20Esmail.JPG
Bruce Johnson and Levi Sharpe

It's a tech drama that hackers don’t heckle.

The protagonist of the hit USA television drama "Mr. Robot" is a cybersecurity engineer by day and a vigilante hacker by night.  Sam Esmail, the show’s creator and showrunner, said he hoped that the show might be a small cult hit.

“The fact that it broke out bigger than that is beyond surreal,” Esmail said. “It’s a testament that there is something about this world of technology that people are starting to be interested in and investing in.”

Weekly jobless claims are a number to watch

Mar 17, 2016
GettyImages-187265998.jpg
Nova Safo

Is it time for economic optimism?

After a horrible start in 2016, the Dow Jones Industrial Average finally turned positive for the year today. Oil prices rebounded, too.

There was also news today that sounded both good and bad: weekly initial jobless claims were slightly up by 7,000. But, at 265,000 in total, they are well below levels that would cause alarm.

The initial jobless claims figure counts up the number of people who are filing new unemployment claims at any given week.

Pages