Marketplace

Weekdays 6pm
  • Hosted by Kai Ryssdal

Award-winning Marketplace is public radio's daily magazine on business and economics news "for the rest of us."  Hosted by Kai Ryssdal, award-winning Marketplace is public radio's daily magazine of business and economics. Marketplace takes a fresh approach to business news covering  listeners from wallet to Wall Street. 

The Hankamer School of Business at Baylor University and Mc Lane Intelligent Solutions are local sponsors of Marketplace on KWBU.

For program sponsorship information, contact Bill Leek at 254-710-4472.

In spite of a whole lot of predictions to the contrary, the movie industry is hanging in, even as competition for our attention grows. According to a new report from the Motion Picture Association of America, ticket sales in the U.S. and Canada were flat compared to last year. One bright spot – it turns out the movie industry is attracting a more diverse audience.

Click the audio player above to hear the full story.

Trump set to reshape the Wall Street regulation?

Mar 23, 2017

The Senate Banking Committee is scheduled to hold a confirmation hearing Thursday on Jay Clayton, President Donald Trump’s choice to head the Securities and Exchange Commission. Clayton does not have a track record in Washington, and that makes it difficult to know if he shares Trump’s distaste for government regulation. But we can tell something from his past experience in the private sector.

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Hospitals worry as Obamacare repeal vote approaches

Mar 23, 2017
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D Gorenstein

A heavyset man sits on a gurney pushed to the side of a hallway in the emergency room at Jefferson Health in Philadelphia. It’s not even 9 a.m, and already beds are filling up.

CEO Dr. Stephen Klasko guides me to a fancy-looking IV pump. It can replace nearly half of someone’s blood after they got shot, stabbed or hurt in a car accident.

“In the old days, we would lose patients because we weren’t able to get that volume in quickly enough,” he said. “The difference between three minutes or seven minutes could be life and death.”

Employers struggle to make H-1B visas work

Mar 23, 2017
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Sally Herships

There’s really no polite way to say this. When it comes to the H-1B system, the tech industry is pissed off. 

“You know the fantasy of the H-1B opposition is that we’ll just hire more out-of-work coal miners and bring them to New York. And it’s not possible,” said Amol Sarva, a New York-based entrepreneur who’s helped found multiple startups, including Peek and Virgin Mobile USA. “They don’t have the skills or network or knowledge or background,” he said.

03/23/17: Uploading the human mind to a machine

Mar 23, 2017
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Marketplace

The physical sports world is now trying to capitalize on the digital sports world. We'll look at the NBA's plan to launch eLeague, a group that'll feature top-notch video gamers who compete against one another. Afterwards, we'll chat with author Luke Dormehl about the history and future of artificial intelligence.

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Marketplace

The House is expected to vote tonight on the GOP's health care bill. But opposition is coming from all corners — including hospitals. We'll look at why executives are against the measure. Next, we'll explore the complicated H-1B visa program, and the frustrations business owners have with how it selects recipients.

California’s had one of the wettest winters on record — more than twice as much rain and snow as in an average year. That's especially wild since we're six years into a historic drought. But California doesn't have enough dams, reservoirs or other storage. So instead of using it, all that precipitation just joins the Pacific Ocean.

Click the audio player above to hear the full story.

Did NAFTA cost or create jobs? Both

Mar 22, 2017
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Sabri Ben-Achour

This story is from our special series that explores NAFTA’s role in our economy from the perspective of workers, business owners and trade negotiators. What exactly is NAFTA? And what happens if it changes?  Join us to discuss how one of the most hotly contested issues in our society shapes the way we live.

What did the North American Free Trade Agreement do?

More trouble for iconic retailer Sears

Mar 22, 2017

In a financial filing on Tuesday, Sears said "substantial doubt exists related to the company's ability to continue as a going concern." The announcement hit the company's shares hard. Sears reported a loss of more than $2 billion in 2016. What does this disclosure mean for the retailer and is there any hope of a turnaround? 

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More than 40 percent of American workers now spend at least part of their week working remotely, according to Gallup. But one company that was a pioneer of so-called telework is having second thoughts. Many remote workers at IBM were recently given a choice: come work at an office in one of six cities — Atlanta, Raleigh, Austin, Boston, San Francisco and New York — or leave. If this sounds familiar, big tech companies like Yahoo and Hewlett Packard have made similar moves.

Click the audio player above to hear the full story.

The final game of the World Baseball Classic is tonight, down the road at Dodger Stadium. The United States made the finals for the first time, and it's playing against a team that’s close to home: Puerto Rico. The Puerto Rican government bought ads to promote tourism during the game. The island could use a boost and a distraction from its major financial woes. For Puerto Ricans on the island and here on the mainland, a championship baseball game offers some rare positive news.

Click the audio player above to hear the full story.

Erie depends on immigrants to boost its economy

Mar 22, 2017
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Reema Khrais

Saad Albidhawi – whom everyone calls Al – has been fixing cars in his shop in Erie, Pennsylvania, since 1998.

Back then, he was in his 30s, a new Iraqi refugee living with his two brothers. He said to open his garage, he needed three very basic things:

“The money and the language and the help from other people.” 

Albidhawi said the money came from his previous job as a truck driver; the language came from his one-on-one classes; and the help took many forms, including recommendations from the electrician next door, who sent Albidhawi his first customers.

What do your margarita and NAFTA have in common?

Mar 22, 2017
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Kai Ryssdal and Daisy Palacios

This story is from our special series that explores NAFTA’s role in our economy from the perspective of workers, business owners and trade negotiators. What exactly is NAFTA? And what happens if it changes? Join us to discuss how one of the most hotly contested issues in our society shapes the way we live.

Key stock indicators are down again this morning. The possible cause this time? Washington politics. Susan Schmidt from Westwood Holdings Group explains why uncertainty over the House GOP's health care bill could be affecting the stock market's movement. We'll also look at why there may be a decline in existing home sales for February, and then explore the rise of virtual reality exhibits at museums. 

 

03/22/2017: Did NAFTA cost jobs, or create them?

Mar 22, 2017
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Sabri Ben-Achour

We've been talking a lot about NAFTA this week, but let's get down to brass tacks:  What did the North American Free Trade Agreement do? President Donald Trump (not to mention Sen. Bernie Sanders) made NAFTA as a favorite target during the presidential campaign. They'll both tell you it was a “disaster” for the U.S. economy, that it cost the United States hundreds of thousands of jobs. The reality is not nearly as dramatic or tidy a story. Then, we'll look at how negotiating NAFTA could affect your happy hour.

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