Economics & Economy

Marketplace for Friday, October 21, 2016

Oct 21, 2016
Mitchell Hartman

If this podcast got to you, then at least something's working right on what has been a very bad day for the internet. We'll talk about the DDoS attack that took out a bunch of popular websites. Plus, a big tobacco merger, floods in North Carolina and the Weekly Wrap.

The British pound's drop to a historic low

Oct 21, 2016

On today's show, we'll talk about the British pound's 19-percent decline since the Brexit vote; Starbucks' big push into China; and how California's state fire agency uses social media to try and save lives. 

Scott Cohn

Wildfires are an unfortunate fact of life in California, and a five-year drought is only making matters worse. Since the beginning of this year, more than 5,300 fires have broken out in the state. That is a 16 percent jump from a year ago.

Starbucks doubles down on China

Oct 21, 2016
Reema Khrais

Starbucks named executive Belinda Wong as its first CEO for China this week, and said it plans to have 5,000 stores in the country by 2021. With a middle class that is already larger than the population of the United States, China could be Starbucks' growth engine of the future.  

Click the above audio player to hear the full story. 

Will honey bees stay sweet on North Dakota?

Oct 21, 2016
Annie Baxter

It might seem surprising that North Dakota, one of the northernmost and coldest states in the nation, is the bees’ knees for honey production.

It produces more honey than any other state. In summertime, North Dakota's climate is just right. It's conducive to flowers’ production of nectar, which bees use to make honey.

“Warm days and cool nights are optimal for nectar secretion for a number of plants that honeybees visit. So that helps,” said Mark Sperry, owner of Sperry Apiaries in Kindred, North Dakota.