Business

Local and national business news.

Jeff Tyler

As the number of people living on the streets has risen and homeless encampments have spread across Southern California, the Los Angeles City Council has worked to speed the process by which officials can collect homeless people’s possessions from sidewalks and parks.

The council approved a measure on Tuesday that would reduce the warning time the homeless are given when confiscating certain items from 72 hours to 24. 

Marketplace for Friday, June 26, 2015

Jun 26, 2015

Airing on Friday, June 26, 2015: The Supreme Court’s 5-4 ruling expanding marriage rights to same-sex couples changes the financial landscape for gays and lesbians in the U.S. We tally the implications when it comes to taxes, federal benefits, job mobility and so on. Next: This could be another record breaking weekend at the box office, with three huge movies primed to haul in millions. Hollywood is having quite the summer and it has barely started. But can it last? Marketplace explores. 

Claw machines: The most enjoyable way to get scammed

Jun 26, 2015
Kai Ryssdal, Mukta Mohan and Hayley Hershman

Phil Edwards has loved playing the claw machine since he was a child. It was this love that led him to look into how these machines actually work and what makes them so tricky. He wasn’t sure at first what he’d find. 

“I thought that maybe these stuffed animals were packed really tightly, or that the claw simply didn’t work at all," he says. "But it turns out it’s a lot more insidious than that.”

The financials of same-sex marriage

Jun 26, 2015
Nancy Marshall-Genzer

The Supreme Court ruling that same-sex couples have a right to marry could bring some big financial changes.  

First, let’s talk taxes and the marriage penalty.  

How Hollywood mega-hits spread the joy

Jun 26, 2015
Adrienne Hill

It's going to be another big weekend at the box office: "Ted 2," "Jurassic World" and "Inside Out" are each expected to pull in another $50 million or more.

It’s easy to understand how the monster success of "Jurassic World" is good for Universal. And how Pixar and its parent Disney must be feeling right now about "Inside Out."  

Joy.

It turns out, a blockbuster can also inspire joy in the theater next door. 

Weekly Wrap: GDP and Greece

Jun 26, 2015
Kai Ryssdal

 Catherine Rampell from the Washington Post and Fusion's' Felix Salmon join Kai to talk about the week's business and economic news. The big topics this week: GDP, consumer spending, Greece's financial situation and the country's relationship with the eurozone. 

Greece calling for referendum on bailout

Jun 26, 2015
Kai Ryssdal

Greek Prime Minister Alexis Tsipras is taking it to the people.

In a speech late Friday evening, Tsipras said he's going hold a referendum on a bailout deal July 5. 

It's not quite clear which bailout package will be up for a vote, or whether the meetings scheduled for this weekend in Brussels are still going to happen.

Opportunity in America: Then and now

Jun 26, 2015
Alberta Cross

When you think of postwar America, you might think about unending opportunity and limitless optimism. Were things really as rosy as they seemed back then? And what about now? Is America still an economic promised land?

David Lazarus took these questions to Peter Cappelli, a professor of management at the University of Pennsylvania's Wharton School who's studied the periods at length.

Sam Beard

As he dispenses his pills and powders in his pharmacy in Athens, Giannis Dagres is counting the primary cost of his country’s economic crisis: a severe shortage of drugs.

“Almost every category of drugs: antibiotics, drugs for high blood pressure, vaccines for children. We’re running short of almost everything," he says.

Supplies are dwindling because the government has been forced to cut spending on health care. Dagres admits that the shortages make him ashamed of Greece, a nation that “claims to be a developed country.”

Marketplace Weekend Staff

With the job market finally improving, job opportunities are growing. What's the best way to approach the market now? What if you want to improve your current gig? To answer those questions David Lazarus spoke to Hallie Crawford, a career coach based in Atlanta.

Click the media player above to hear more.

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