Marketplace

Weekdays 6-6:30 p.m.

Marketplace is produced and distributed by American Public Media (APM), in association with the University of Southern California. The programs 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.

Official Website: http://www.marketplace.org/

Can a better-designed bike helmet make people safer on the road?

10 hours ago
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Adrienne Hill and Robert Garrova

In the middle of downtown Los Angeles' bustling Arts District, you’ll find the headquarters of Thousand occupying one of the few work/live lofts left in the area.

It's a company that makes bicycle helmets, but think less duck-billed head gear and more Steve McQueen in the 1960s.

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Sabri Ben-Achour

It's vacation season, and for some, that means setting off to a new state or country.

But we here at Marketplace know the value of a dollar, so when it comes to travel, we try to find ways you can spend your money strategically and not get ripped off.

We turned to Mark Orlowski, who does a lot of travel as the founder of the Sustainable Endowments Institute, to find out when to use your points and how airlines are starting to devalue their miles. Below is an edited transcript.

Trump's desire for private infrastructure money will narrow his choices to mostly urban projects

10 hours ago
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Tom Scheck, APM Reports, Curtis Gilbert, APM Reports and Will Craft, APM Reports

Officials in states, cities and counties are increasingly looking to use private money for public infrastructure projects like roads and bridges, a result of tight budgets, eager financial investors and a president who believes that business — not government — can deliver better services to Americans.

For a good long while, Sherry Lansing was the highest-ranking woman in the entertainment industry, both as the head of production at 20th Century Fox and then later as the CEO of Paramount. Under her tenure, Paramount saw huge success with "Forrest Gump," "Braveheart," "Titanic," "Saving Private Ryan" and the launch of the "Mission: Impossible" franchise. We talked about her life and career, which is also documented in Stephen Galloway's new biography "Leading Lady: Sherry Lansing and the Making of a Hollywood Groundbreaker." 

A House subcommittee will consider proposals Wednesday that would bar states from setting their own rules for self-driving cars and take other steps to remove obstacles to putting autonomous cars on the road. The measure would be the first significant federal legislation aimed at speeding self-driving cars to market.

Click the above audio player to hear the full story.

Markets have more to think about than health care (thankfully). Susan Schmidt from Westwood Holdings Group joined us to talk about other factors investors are looking to, like earnings season and housing starts. Afterwards, we'll talk about the state of the manufacturing industry, and then discuss how Comic-Con makes money for itself.

The annual Comic-Con International kicks off this week in San Diego. Comic-Con makes money selling tickets, renting floor space to vendors and exhibitors, and getting sponsors. GuideStar, which tracks nonprofits, says the convention has seen steady year-over-year revenue growth for the last 17 years, as comic culture has become central to pop culture. The most recent report puts convention revenue at $19 million, which exceeds its expenses. The convention brings tourism dollars to San Diego and has spun off other events in other places. 

After months and years of trying, there's going to be no replacing — or repealing — of Obamacare. At least for now.

You might expect that health insurance companies have been holding their breath, waiting to see what’s next. But it turns out many of the larger insurers don’t make much of their money selling insurance in the individual market. For example, UnitedHealth, which is largely out of the exchanges, announced huge second quarter earnings on July 18, beating Wall Street expectations.

So how are insurers boosting profits in these uncertain times? 

What happens to abandoned cars

18 hours ago
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Jana Kasperkevic

This is just one of the stories from our "I've Always Wondered" series, where we tackle all of your questions about the world of business, no matter how big or small. Ever wondered if recycling is worth it? Or how store brands stack up against name brands? What do you wonder?

07/19/2017: A chipmaker's challenges

19 hours ago
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Marketplace

Qualcomm may not be a household name, but its chips are inside a household item: your phone. On today's show, we'll look at the company's ubiquity, along with the struggles it's been facing as smartphone makers decide to find solutions in-house. Afterwards, we'll discuss the announcement of Bluetooth Mesh, the idea that eventually all your Bluetooth devices may be able to talk to each other separately from your Wi-Fi network. 

07/19/2017: Let it fail, or make it fail?

19 hours ago
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Marketplace

Republicans didn't have the votes to neither replace nor repeal Obamacare, so President Trump has said to just let it fail. One way to do that is to stop paying the billions in subsidies to insurers that cover out-of-pocket costs for low-income Americans. On today's show, we'll look at how plausible it is that that these payments will get halted. Afterwards, we'll discuss the House's consideration of a proposal that would bar states from setting their own rules for self-driving cars, and then talk about how to make the most of your travel points.

Neighborhood rebranding prompts gentrification worries

Jul 18, 2017
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Adam Allington

What’s in a name, you ask? Well, kind of everything, at least if you’re asking someone from Harlem, in New York. Backlash has been swift and fierce against what was supposed to be a simple, catchy acronym: SoHa, short for South Harlem. That is what some realtors in the city have taken to calling part of the neighborhood. 

Some residents have said this kind of backdoor re-branding smacks of gentrification. But the practice of creative neighborhood renaming is actually quite common in real estate, and in some cases can speed up economic development. 

UK honors Jane Austen 200 years after death

Jul 18, 2017
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Sam Beard

The Bank of England unveiled a new 10 pound note in Winchester on Tuesday. The date and the location of the unveiling were carefully chosen because adorning the new currency is an image of Jane Austen, who died 200 years ago on this day and is buried in the southern English city. 

 

Stalled health care reform efforts put strain on the dollar today, as investors in Asia and elsewhere started dumping the greenback. President Trump’s difficulty in getting his domestic policy agenda passed is one factor in the dollar's doldrums, but there are others.

Click the audio player above to hear the full story.

"The grid is in good shape," an Energy Department study draft says

Jul 18, 2017
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Adrienne Hill and Scott Tong

It's no secret the Trump administration believes in fossil fuel "dominance.” Key to that belief is the idea that renewable energy is unreliable — that if coal-fired electricity keeps shrinking, the lights could one day go out. President Trump has suggested this, as have the heads of the Environmental Protection Agency and the Department of Energy. The DOE has been studying the question at the command of Secretary Rick Perry, and a draft of that study was leaked. Scott Tong from our Sustainability Desk joined host Adriene Hill to discuss it.

There's a whole lot of love for Howlin' Ray's Nashville-style hot chicken in LA

Jul 18, 2017
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Adrienne Hill and Daisy Palacios

Howlin' Ray's in Los Angeles has brought Nashville-style hot chicken to the West Coast, and it's a pretty big deal here. Marketplace host Adriene Hill visited chef and owner Johnny Zone at the bustling spot, where the kitchen staff prepares hundreds of hot chicken plates and "sandos," or sandwiches, an hour before opening time. Meanwhile, a line of people wraps around the building, waiting for the doors to open. When they do, the wait can last more than two hours. It's enough to bring tears to your eyes, or is that the cayenne pepper? An edited transcript of the conversation follows. 

07/18/2017: No repeal, no replacement

Jul 18, 2017
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Marketplace

After years of trying, the Republican-controlled Congress won't be replacing Obamacare or even repealing it with a replacement TBD. President Trump's new plan, he said today, is "just let Obamacare fail." Leaving aside that's quite a thing to say about a sixth of the economy, you might wonder how insurers are taking the news. Turns out, most of them don't make much money in the individual market anyway. We'll look at UnitedHealth, which is mostly out of the exchanges, but posted huge second-quarter earnings today.

The Trump administration may want to keep NAFTA after all

Jul 18, 2017
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Ryan Kailath and Janet Nguyen

The North American Free Trade Agreement was one of President Trump’s favorite punching bags on the campaign trail. He called it “one of the worst deals ever,” blamed it for destroying American jobs, and vowed to get rid of it.

07/18/2017: Obamacare lives another day

Jul 18, 2017

Senate Leader Mitch McConnell has scrapped plans to repeal and replace the Affordable Care Act after two more senators said they couldn't support the measure. But McConnell says he's already got another plan in place, which would involve a straight up repeal of Obamacare. On today's show, we'll look at how feasible this plan actually is.

Here is where the U.S. Congress buys its health insurance

Jul 18, 2017
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Jana Kasperkevic

This is just one of the stories from our "I've Always Wondered" series, where we tackle all of your questions about the world of business, no matter how big or small. Ever wondered if recycling is worth it? Or how store brands stack up against name brands? What do you wonder?

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