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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.
Thursday, May 21, 2015 4:00pmAiring on Thursday, May 21, 2015: This week’s oil spill off Santa Barbara’s coast may be small, but this is where the modern environmental movement in the U.S. had an awakening. A large oil spill in the region back in 1969 helped spur the creation of groups like the Natural Resources Defense Council. Next: CVS is seeking to buy pharmacy services provider Omnicare for about $13 billion, including debt. We look at the thinking behind the bid.
Wednesday, May 20, 2015 4:00pmAiring on Wednesday, May 20, 2015: Five of the world's largest banks, including Citigroup and J.P. Morgan Chase, have been fined $5.7 billion for manipulating foreign exchange rates. The institutions rigged the benchmark London interbank offered rate, or LIBOR. We look at why LIBOR is important and matters to all of us. Next: One country’s currency manipulation is another’s monetary policy. Adding currency controls to the Trans Pacific Partnership is mired in controversy. We explain why by looking at the arguments for and against the partnership, and why this puts the U.S. in a tricky spot.
Tuesday, May 19, 2015 4:00pmAiring on Tuesday, May 19, 2015: The San Francisco Federal Reserve suggests an improved way to crunch official growth statistics. The director of research at the San Francisco Fed says that there should be a second, final seasonal adjustment to GDP data—on top of the seasonal adjustments the Bureau of Economic Analysis (BEA) currently makes. Next: a new report shows that ethics continue to be an issue on Wall Street. Nearly one-third of those making more than $500,000 said they “have witnessed or have firsthand knowledge of wrongdoing in the workplace.” Why do the incentives of finance lure people to do wrong? And why is that so hard to change? We explore.
Monday, May 18, 2015 4:00pmAiring on Monday, May 18, 2015: Target is demoting packaged foods, promoting them less as it emphasizes produce and organic foods in its grocery departments. We take a look at how this could affect big food companies and what Target customers might expect to see on shelves. Next: The White House is providing grants to local police departments in exchange for adopting guidelines from President Obama's Task Force on 21st Century Policing, including wearing body cameras. We explore whether these departments will accept the grant offers.
Friday, May 15, 2015 4:00pmAiring on Friday, May 15, 2015: The publisher of “Clinton Cash” has put out a revised version of the book, correcting several factual errors that were in the text. There's a debate in the publishing industry about the best practices publishers should use when making corrections to digital books, given that it's a fairly new phenomenon. We explore how experts think digital corrections should be issued to e-books. Next: Secretary of State John Kerry is off to Beijing this weekend, amid tensions in the South China Sea as China seeks to build islands in the region. We look at the controversy over China's plans.