Economics & Economy

No government rescue for Germany's Deutsche Bank

Sep 28, 2016

On today's show, we'll talk about a decline in the price of U.S. groceries; Whole Foods' opening of a store in Chicago's Englewood neighborhood — a region with a 21 percent unemployment rate; a $41 million clawback from Wells Fargo's CEO; and Deutsche Bank's financial woes.

Tech Intervention: driverless chairs

Sep 28, 2016
Molly Wood

It's time for another ... Tech Intervention. 

Nissan this week unveiled some new self-driving tech that, we believe, does not need to exist.  It's a fleet of self-driving chairs.  The chairs are meant to move people along in a line. Each one senses the chair in front of it, and then scoots you along so you don't have to stand while you're queued up for your cronut.  

The chairs are only going to be released in certain restaurants in Japan in December of this year. But I think we can all agree that this is a microchip too far. 

Scott Tong

Airlines around the world would be required to stop adding to their carbon footprints, under a U.N.-sponsored proposal being negotiated in Montreal. The aviation sector was not covered under the international climate agreement agreed to in Paris last year.

Here's how the proposal would work: if emissions at, say, Delta or United go up, the carriers would have to react. One option: innovate and, burn less petroleum, and reduce carbon pollution emissions.

Lane Wallace

Wells Fargo’s board of directors is asking for its money back following the false account scandal at the bank.

Food prices are insanely cheap right now

Sep 28, 2016
Adam Allington

You may have noticed you're spending a lot less on eggs, milk and meat these days.

Across the country, grocery prices are falling, and are on track for the longest stretch of falling food prices in more than 50 years.

The bargains may be great for shoppers, but are causing increasing pain for producers further upstream.