Marketplace

M-F 6:30 p.m.
  • Hosted by Kai Ryssdal

In-depth focus on the latest business news both nationally and internationally, the global economy, and wider events linked to the financial markets. The only national daily business news program originating from the West Coast, Marketplace is noted for its timely, relevant and accessible coverage of business, economics and personal finance.

Marketplace Morning Report for Friday, May 22, 2015

10 hours ago

Grocery store exodus has Flint searching for answers

10 hours ago
Adam Allington

Residents in the struggling town of Flint, Michigan have seen their share of hardship over the years.

In addition the catastrophic loss of manufacturing jobs and subsequent blight, the city is also struggling to provide groceries to its poorest residents.

Jason Lorenz is a public information officer at Flint City Hall. On his wall is a map showing the city boundaries. One thing that’s rapidly disappearing from the map are grocery stores.

Insuring governments against disease outbreaks

10 hours ago
D Gorenstein

In the wake of the Ebola outbreak in Africa, a new plan has emerged to guard against future risk: insurance for disease outbreaks. The idea is to help protect governments and industry against the costs of pandemics. A San Francisco firm announced $30 million in funding for the idea this week.

Another Y2K moment? The 'leap second.'

10 hours ago
Mitchell Hartman

On June 30, 2015, at midnight Greenwich Mean Time/Coordinated Universal Time, an extra second will be added to the world’s master clocks. That’s to sync up with the earth’s rotation, which does not precisely match the clocks and computers we earthlings use.

This so-called ‘leap second’ is being planned for by financial exchanges and firms that depend on precise pricing and transaction data, down the micro-second.

Marketplace Tech for Friday, May 22, 2015

10 hours ago
Marketplace

The impact of Baltimore's $100 million investment

10 hours ago
Noel King and Caitlin Esch

Phyllis Young has a full life: three children, five grandchildren, a mortgage, and a job she loves. 11 years ago, Young, a geriatric nurse's assistant, was making $8 an hour and hoping to boost her wages to $12. She hit a stroke of luck.

Baltimore, in 1994, won a federal contest aimed at alleviating poverty in urban cores. Six cities were given a federal grant of $100 million each as well as a package of tax breaks for businesses and employers. The money and tax credits were intended to revitalize each city's poorest neighborhoods, which were called Empowerment Zones.

Hillary's new LinkedIn résumé

23 hours ago
Tim Fitzsimons

Hillary Clinton is not the first person to get on LinkedIn — about 115 million Americans joined before her.  Nor is she the first 2016 contender. Marco Rubio, Ted Cruz, and others already have profiles there.

"The difference between Hillary Clinton and every single other candidate running, including Jeb Bush, is she has universal recognition already," says Larry Sabato, the director of the Center for Politics at the University of Virginia. 

This argument is similar to the one being made by her campaign. They say everyone knows her name, but few know the real Hillary.

Blake Farmer

The number of farmers markets has more than quadrupled over the last 20 years, according to the USDA. The trouble has become defining what a farmers market is.

One of the country’s larger markets is going through a painful process of purging vendors who don’t meet a new “producer-only” standard.

“There’s nothing here. There’s no farmers,” retiree Walter Gentry says with a laugh, which echoes through the empty sheds of the Nashville Farmers’ Market. “I thought I could get some peaches here.”

Cars: hardware or software?

23 hours ago
Kai Ryssdal

Modern technology and the law are running smack into each other at highway speeds.

At a recent copyright hearing, a lawyer for General Motors said that even after you pay off your car — even after you own every last nut, bolt, creak and rattle — GM still owns the software that basically makes modern day cars go.

What, then, are you doing when you buy a car? You're licensing the software.

Jack Dorsey: Twitter founder, Square CEO, punk

23 hours ago
Kai Ryssdal, Tommy Andres and Mukta Mohan

You have about a 0.00006 percent chance of starting a billion-dollar business. Jack Dorsey didn't just start one — he's got two.

Dorsey was 29 when he launched Twitter with his pals Evan Williams, Biz Stone and Noah Glass back in 2006. His handle, @Jack, is Twitter's first personal account.

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