Marketplace

Airs Weekdays at 6:30 pm
  • Hosted by Kai Ryssdal

In 30-minutes, Marketplace breaks down the day's business and economic news. With a reporting style that is lively and unexpected, the stories range from impacting your wallet to Wall Street. Marketplace Morning Report presents the morning business news at 5:50 and 7:50 am weekdays. MMR is hosted by David Brancaccio.

Distributed by: American Public Media

How Theranos, a Silicon Valley star, came tumbling down

May 21, 2018

In October 2015, an investigative reporter for The Wall Street Journal named John Carreyrou stumbled across a pretty amazing story. The technology behind the much lauded biotech startup, Theranos ... well it didn't work, at least not in the way its founder, Stanford drop out Elizabeth Holmes, had said it did.

U.S. pauses China tariffs but deal has its shortcomings

May 21, 2018

The reason the United States is pausing tariffs on China for now appears to be a promise from China that it will increase its imports from the U.S. — primarily agricultural and energy products. That would presumably help — at least in the short term — to reduce the U.S. trade deficit with China, which was $385 billion in 2016 according to the U.S. Trade Representative. And that would be a good thing, right? 

Click the audio player above to hear the full story.

The trade war is on hold — for now

May 21, 2018

After two days of trade talks in Washington and a high-level trip earlier this month, China and the United States have announced a truce in the simmering trade war, with U.S.-imposed tariffs on hold. We'll spend some time a the top of today's show recapping how we got here, what's settled and what's not. Then: We'll talk to the reporter who wrote the book on the failed blood-testing startup Theranos and the "scorched earth" tactics it took to cover up fraud.

Uber is changing how it deals with sexual harassment and assault claims. Employees, drivers and riders will no longer be forced into arbitration, a process that critics say often favors corporations. The decision comes after survivors of alleged assault by Uber drivers pushed the company to let their cases go to court. Rival Lyft quickly scrapped its binding arbitration agreements, too. And both companies said they will no longer require that settlements of misconduct claims be kept confidential. The changes are part of Uber’s campaign to restore public trust.

Have you used a genetic testing service to take a peek into your ancestral background? One of those direct-to-consumer products that tells you about your family's history and health? A service like 23andMe, Ancestry or National Geographic's ancestry test?

If so, we want to hear your story.

Marketplace is working on upcoming coverage related to how genetic testing plays out for people of color.

So, you're graduating into a financial crisis ...

May 21, 2018

Back in 2009 and 2010, college students were graduating into the worst economy since the Great Depression. Unemployment had risen from 5 percent in December 2007 to 9.5 percent in June 2009, when the recession technically ended, and was 9.6 percent for 2010. So what do you say to students facing a labor market full of cutbacks and uncertainty?

The U.K.’s National Health Service provides free, universal healthcare to U.K. residents.

Communities are creating their own solutions to food deserts

May 21, 2018

Kroger say it’s closing about 40 stores nationwide. Many are in neighborhoods the U.S. Department of Agriculture already calls food deserts. That’s a place where food is hard to get, either because it’s too  far away or it’s not affordable. Kroger says the closed stores weren’t making money. As communities that used to depend on their local Kroger supermarket look for a solution, local activists in Dayton, Ohio, are working to open a cooperative grocery store to replace the Kroger that closed. 

Click the audio player above to hear the full story. 

Here’s why U.S. small businesses don’t export more

May 21, 2018

The Commerce Department kicks off World Trade Week on Monday. It’s honoring 43 U.S. exporters. Thirty-three of them are small- or mid-sized businesses. But as it turns out, small businesses could be exporting more.

Click the audio player above to hear the full story. 

Playing good cop/bad cop with China

May 21, 2018

(U.S. Edition) So are the U.S. tariffs on China on or off? That'll depend on which Trump administration official you listen to. Treasury Secretary Steven Mnuchin says a trade war between the U.S. and China is now "on hold," but the country's top trade official, Robert Lighthizer, says Chinese tariffs remain an important tool. On today's show, we'll look at what came out of the latest round of trade talks between the two countries. Afterwards, we'll discuss how changes in Britain's universal health care policies will affect undocumented, pregnant women.

(Global Edition) From the BBC World Service …Venezuela’s socialist economy is under massive strain with inflation running at 13,000 percent. So how will the country’s leader deal with these challenges, along with increasing pressure from other nations to fix its problems? Then, religion is a big business in Zimbabwe – we’ll take you there to meet a prophet who knows just how lucrative preaching can be. (05/21/2018)

Is Uber disrupting itself with its bike share investment?

May 21, 2018

Uber is looking beyond cars in its bid to control the future of mobility. The company recently acquired electric bike share startup Jump. That means in select cities, Uber users can opt for a bike instead of a driver to help them get around. In San Francisco, Jump recently became the first stationless bike share company after winning an exclusive 18-month permit with the city.

Uber makes moves to disrupt bikes, too

May 21, 2018

Uber is looking beyond cars in its bid to control the future of mobility. The company recently acquired electric bike share startup Jump. That means in select cities, Uber users can opt for a bike instead of a driver to help them get around. But the uptick in two-wheeled transportation sharing has some worried about pedestrian safety on sidewalks, not to mention the implications surrounding data privacy. Marketplace Tech host Molly Wood met up with Jump CEO Ryan Rzepecki on a busy street in San Francisco to get a handle on the ride share ecosystem. (05/21/2018)

It’s tough to be in the processed food business these days. The abrupt departure of the Campbell’s CEO after a bad quarterly earnings report highlights how difficult it is for these companies to shift their identities, with consumers seeking foods they consider healthier. How are processed food companies responding?

Click the audio player above to hear the full story. 

There’s been a little bit of confusion these past couple days on how trade talks with China are going. U.S. officials told CNN that China had offered to bump up purchases of American goods by $200 billion. Chinese officials said that's not true. The Trump administration believes that the trade deficit with China could be brought down if China were to buy that much more worth of American goods. It’s something the president is focused on even though most economists say he shouldn't be. 

Click the audio player above to hear the full story. 

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