National/International

The trees that give shade to Southern Californians living under the hot sun are under threat due to beetle infestation, drought and increasingly, the effects of climate change. As hotter, dryer weather becomes the norm, cities across the country are investing in programs to monitor their urban forests and plant trees that can survive well into the future. 

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Ryan Kailath

If you’ve ever owned an iPhone, there’s a good chance you’ve cracked the screen. And a 25 percent chance you did it in the first two years of owning your phone, to be exact.

Smartphone screen repair is a $4 billion business, Reuters reported today, and the service brings Apple between $1 billion to $2 billion in revenue a year.

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Sam Beard

Since the British people voted in a referendum a year ago to leave the European Union, their decision has caused political turmoil in the United Kingdom.

A prime minister resigned after the referendum result, an opposition leader was almost deposed and, one year on, an early and rancorous general election is now underway. The poll Thursday will decide which government will lead the tortuous exit negotiations between Britain and its EU partners.

Yes, airports have CEOs too

Jun 7, 2017
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Kai Ryssdal and Bridget Bodnar

Los Angeles International Airport is the second-busiest airport in the country and the fourth-busiest airport in the world. Oh, and it's also in the middle of a multibillion dollar renovation project. Marketplace host Kai Ryssdal talks to Deborah Flint, the CEO of Los Angeles World Airports, about it. Wait, airports have CEOs? Yes, she had that question at first, too. 

Updated at 12:14 p.m. ET

President Trump says he has chosen Christopher Wray, a former Justice Department official during President George W. Bush's administration, to head the FBI. Wray now works on white collar crime at an international law firm.

The president named his pick via Twitter, writing Wednesday morning, "I will be nominating Christopher A. Wray, a man of impeccable credentials, to be the new Director of the FBI. Details to follow."

06/07/2016: Stocks, bonds, gold AND bitcoin are all up

Jun 7, 2017

We now live in a strange, strange world. Stocks, bonds, gold and bitcoin aren't supposed to all go up at the same time, yet here we are. Susan Schmidt from Westwood Holdings Group stopped by to explain what's going on. Afterwards, we'll take a look at South Africa's economic woes, and then discuss Mexico's decision to re-examine its trade relationship with the U.S. over natural gas. 

For nearly four years now, an unusual coalition of Republicans and Democrats has worked to reduce mandatory prison terms for many federal drug crimes.

But that bipartisan movement may be shallower than it appears. Indeed, Republican Sen. Chuck Grassley of Iowa and Democratic Sen. Dianne Feinstein of California, who both supported a cut-back on some drug punishments, are preparing a bill that would create tough new penalties for people caught with synthetic opioid drugs. Grassley chairs the Senate Judiciary Committee, and Feinstein is the panel's ranking member.

U.S. Attorney General Jeff Sessions "at one point recently" offered to resign because his relationship with President Trump had grown so tense, according to reports from ABC News and multiple other news outlets.

A record number of people want to leave Earth

Jun 7, 2017

Vice President Mike Pence will be at the Johnson Space Center in Houston today to inaugurate the newest class of NASA astronauts. There was a record number of applicants this time around — more than 18,000 people applied to the space program. That’s triple the number of the last class in 2012. But the heightened job interest comes amidst proposed White House budget cuts of 3 percent for NASA. What do those cuts say about the space program’s future?

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South Africa falls unexpectedly into recession

Jun 7, 2017

The gross domestic product of South Africa, one of Africa’s largest economies, contracted nearly a full percent between the last quarter of 2016 and the first quarter of this year. Some  blame President Jacob Zuma for the country’s lackluster performance.

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Natural gas exports from U.S. to Mexico skyrocket

Jun 7, 2017
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Ingrid Lobet

As the U.S. re-examines its trade relationship with Mexico, some in Mexico are doing the same – questioning reliance on trade with the north. One focus is natural gas. Pipelines now carry a record-setting amount of that fuel south across the border.

The amount of natural gas flowing to Mexico quadrupled in recent years. And it’s still increasing — fast. By 2019, the U.S. pipeline export capacity to Mexico is projected to almost double, according to Victoria Zaretskaya, a natural gas expert with the U.S. Energy Information Administration. Most of the gas is coming from Texas.

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Marketplace

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. 

Uber's newest executive says its 'managers haven't been set up for success'

Jun 7, 2017
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Molly Wood and Stephanie Hughes

Uber has fired 20 people as outside law firms investigate the company's culture and allegations of sexual harassment. Uber is awaiting a full report from a team led by former Attorney General Eric Holder.  

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Marketplace

Uber has recently fired 20 employees amid complaints about the company's culture. There is at least one new hire though: Francis Frei, who's set to be senior vice president of leadership and strategy. Frei joined us to talk about why she came on board and the changes she wants to make. Afterwards, we'll discuss the possibility of increased internet regulation in the U.K. following recent terrorist attacks. The BBC's Rory Cellan explains what these restrictions might look like. 

The recent attack in Portland, Oregon, has gotten many thinking about the kind of bravery it takes to jump in and help someone being harassed. And also the kind of bravery it takes to go out of your home wearing a visible sign that you're a Muslim.

Both forms of bravery were on display in Portland when two men died trying to help a couple of young women on a train, one of them wearing a hijab.

Ride-hailing firm Uber has fired about 20 of its employees, including some senior executives, after an investigation into more than 200 sexual harassment and other workplace-misconduct claims.

The company is not commenting on the findings of the report from Perkins Coie, which was hired after former Uber engineer Susan Fowler last year alleged that she was sexually harassed, and her complaints disregarded by the company's human resources department.

The U.S. and Mexico announced a deal on sugar exports today. The agreement comes after years of dispute between the two nations and gives better terms to the powerful American sugar lobby. The negotiations have been tough, and officials are relieved to have avoided an all-out trade war over sugar. But prices for the sweet stuff could be going up. 

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Do tax cuts automatically lead to economic growth?

Jun 6, 2017
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Marketplace

How long does it take for a tax cut to jolt the economy?

"That's a deceptively simple question," said Joseph Thorndike, who directs the Tax History Project at Tax Analysts. Because before you can ask how long a tax cut takes to jolt the economy, you have to ask: Does it jolt the economy?

"It's remarkably murky," Thorndike said.

Whether or not a tax cut stimulates the economy depends on how a tax cut is paid for. Or really, whether it is paid for at all. 

As President Trump announced the U.S. was pulling out of the Paris climate change agreement, California Gov. Jerry Brown headed to China. Among his goals? To encourage China's progress on electric vehicles, because California will need a lot more of those to meet its climate change goals.

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There's a pizza cheese empire, and you've probably never heard of it

Jun 6, 2017
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Kai Ryssdal and Maria Hollenhorst

Leprino Foods is a company you've almost certainly never heard of, but whose product you've almost certainly consumed. It makes a billion pounds of cheese each year and controls as much as 85 percent of the pizza cheese market as a supplier to Pizza Hut, Domino’s and Papa John’s.

General Motors shareholders decided today that they weren't interested in splitting the company's stock and reshaping its board. David Einhorn, an activist investor and founder of Greenlight Capital, had been arguing that the change would boost GM's stock prices. This battle between business leadership and shareholders is beginning to feel a bit like a refrain. Last month, Ford ousted its CEO, Mark Fields, amid pressure from its stockholders, but GM, also under pressure, is in a different spot than Ford.

Amazon takes aim at the low-income shopper

Jun 6, 2017

Amazon announced a plan today that will make its Prime membership cheaper for people receiving government assistance. If you're getting food stamps, say, Amazon will sell you Prime for about $5.99 a month. That’s less than the full-price monthly option of $10.99. Behind the move: Amazon, again, is going toe-to-toe with Walmart.

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Annie Baxter

Advocates of stronger immigration enforcement say President Trump needs to take employers to task, since it's business owners who hire undocumented workers — knowingly or unknowingly. And one way to do so would be to change the current process by which employers ascertain work authorization.

When employers make new hires, the workers have to prove their identity and eligibility to work. They present documents, often a driver's license and Social Security card. And they fill out a form called an I-9, on which they document the papers presented.

06/06/2017: An education crisis in Puerto Rico

Jun 6, 2017

This morning's market recap: Stocks have opened lower, while benchmark bonds have gone up. Julia Coronado from Macropolicy Perspectives explains some key events coming up that could affect the market even further, including James Comey's testimony and the British elections. Afterwards, we'll examine the struggles that Puerto Rico's public school system is facing, and then look at one Philadelphia program that's using hip-hop to teach students how to start a business.

A House committee is set to hold a hearing on a plan to lower costs for people on Medicare. The bipartisan legislation would let Medicare make some basic services cheaper for patients with chronic conditions. A diabetes patient who’s prone to blindness, for example, would get cheaper eye exams. It’s a model private insurers are interested to watch, because encouraging more regular basic medical services can prevent bigger hospital bills across the board.

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Using the lessons of hip-hop to start a business

Jun 6, 2017
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Marielle Segarra

A group of students are sitting around a swanky office space in Manhattan working on an assignment to come with a marketing plan for a product. In this case, it’s a package of temporary metallic tattoos.

Ke Stevenson, one of the students, chimes in.

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David Brancaccio

The United Kingdom heads to the polls on June 8 for a “snap” election, where British voters decide which party will control Parliament. The election was first announced by British Prime Minister Theresa May back in April in an attempt to increase the Conservative party’s majority. But with May falling out of favor recently, what was viewed as a safe bet at the time may end up backfiring on the Tories.    

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Marketplace

Following the recent terrorist attacks in London, U.K. Prime Minister Theresa May has argued that the internet provides terrorism with "the safe space it needs to breed." Elad Yoran, executive chairman of the communications company KoolSpan, joined us to share why he disagrees with May, and whether law enforcement and the tech community can find middle ground on the issue. Afterwards, we'll look at key highlights from Apple's World Wide Developers Conference. 

 

06/06/2017: A showdown at General Motors

Jun 6, 2017
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Marketplace

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.

Schools around the country are beginning to close down for the summer. But in Puerto Rico, many schools, almost 180 of them, will not reopen in the fall. The mass closure comes as the commonwealth faces an ongoing economic crisis and tens of billions of dollars in debt.  

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