Business

Local and national business news.

Without tourists, Egyptian business owners adapt

20 hours ago
Kim Adams

In 2013, Marketplace's Kai Ryssdal had a chat with Cairo shopkeeper Emad Nour Hafez about how political instability since Egypt's 2011 revolution was affecting his tourist shop.  Since then, Egypt has had more ups and downs, but tourism has never really returned to the pre-Arab Spring heyday.

Marketplace

Airing on Tuesday, July 21, 2015: The senior leadership of Toshiba, one of Japan's biggest corporations, resigned today after an investigation showing the company had dramatically fudged its profits. More on that. And it’s the fifth anniversary of Dodd-Frank. We look at the biggest accomplishment of the law so far, and the biggest issue it’s not yet gotten to. And as you know we’ve been talking to people about the tools that they can’t live without while doing their job — their "Pro Tools." Well, our sibling program Marketplace Tech is doing a series called Noise Makers.

Marketplace for Tuesday, July 21, 2015

21 hours ago

Airing on Tuesday, July 21, 2015: Rural states have a lot of jobs, but don't have the skilled or professional workers to fill them. That's why states like Wyoming, South Dakota and Idaho have recently started their own Tinder of sorts —job-matchmaking programs to try and convince their expats to come back home. Next: Gold prices have hit a five-year low. What's been causing the drop? Marketplace explores. 

 

Miles Bryan

Meet Max Salzburg. He’s 37, married and works in marketing. He lives with his wife Sonja in Fort Collins, Colorado, a bustling small city filled with breweries and bike aficionados. But Salzburg grew up about an hour away from here, in the much smaller town of Cheyenne, Wyoming. 

“I thought it was small,” Salzburg says. “And lame. And boring.”

Long-shot candidates reap benefits after race

21 hours ago
Nova Safo

With Ohio Governor John Kasich today entering the race for the GOP presidential nomination, the total number of major contenders has risen to 16. There are also five major candidates on the Democratic side.

A lot of them are long shots, whether due to lack of name recognition, lack of financial support, or low numbers in the polls.

Greeks see 'same culture' in new financial measures

21 hours ago
Kai Ryssdal and Tommy Andres

Greece’s financial crisis improved slightly today in the wake of the bailout news. However, people in the country can’t stop talking about the continued problem, says Tonia Korka, a Greek resident and part-time research associate at the Hellenic Institute of International and Foreign Law. 

“You can hear it all over the streets. People are walking and talking about what is going on with the banks,” Korka says.

Annie Baxter

A key conduit for moving goods east from ports in Los Angeles and Long Beach, California was choked off when heavy rains Sunday washed out part of a bridge in the desert between Los Angeles and Phoenix. Some officials in Riverside, California say the standing portion of the bridge could reopen soon, but it turns out that even when a bridge falls in the middle of nowhere, the costs rack up quickly. 

The bridge that collapsed was on a remote stretch of Interstate 10, far from any town. But it's a key passageway for truckers hauling consumer goods from Asia out of California ports.

Imagine your car being hacked...while you're driving it

21 hours ago
Kai Ryssdal and Bridget Bodnar

The Security and Privacy in Your Car Act was introduced in the U.S. Senate on Tuesday, aiming in part to protect your car from being hacked, according to sponsors.  

Imagine being in your car on the highway and suddenly the air turns on, the music turns up and your car stops…right in the middle of traffic. Now a video of the hacker appears on your display screen. Terrifying, right?

Marketplace Tech for Tuesday, July 21, 2015

Jul 21, 2015
Marketplace

Airing on Tuesday, July 21, 2015: First up, we'll ask what will people be watching for Apples reports quarter earnings, and where the Watch figures in. We'll also talk to Ryan Calo, Assistant Law Professor at the University of Washington and an affiliate scholar at the Stanford Center for Internet and Society, about why it’s so difficult to enforce drone regulations. And Kyle Wiens, CEO of the computer repair site iFixit, joins us to talk about why PC users won’t need to upgrade their hardware when they make the switch to Windows 10.

Five years on, Dodd-Frank still controversial

Jul 21, 2015
Kim Adams

It’s been five years since the Dodd-Frank Act became law, with the goal of preventing the chaos of the 2008 economic crisis from happening again.

But the question whether it’s worked is just as polarizing as the law itself was back then. The law affects Wall Street, banks, whistleblowers, consumer protection, and other sectors of the financial industry.

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