Economics & Economy

Ignoring the rules made Uber, will it also break it?

May 23, 2017
David Brancaccio

Uber has had its fair share of success and scandal since it launched in 2010. At the company's core is CEO Travis Kalanick who wants to fix a ride-hailing system he sees as broken. While this notion of disruption isn't new to Silicon Valley, Kalanick has taken the idea further to explicitly operate as if rules and regulations do not apply.

05/23/2017: Traffic lights for the office cubicle

May 23, 2017
Marketplace

Surveillance tools in the workplace — from chat tools to traffic-light signs that gauge your busyness — are increasingly taking over the workplace. Quartz's Lila MacLellan joins us to talk about technology at the office, and what that could do to some old-fashioned face-to-face interaction. Afterwards, we'll chat with SK Ventures' Paul Kedrosky about the factors that might slow down rising tech hubs across the country. 

Marketplace

President Trump's first major budget proposal will cut away at the safety net for millions. One program being threatened: Medicaid, which will give states more power to set spending priorities, but much less to spend. We'll look at exactly how much the service could stand to lose over the next decade. Afterwards, we'll chat with author Adam Lashinsky about the strategies Uber has employed to become a ride-sharing juggernaut.

Is it fair to ask people to work for government benefits?

May 22, 2017

The Trump administration will reveal a major budget proposal tomorrow. It is widely expected to include massive cuts to Medicaid – $800 billion worth over 10 years. States would also get more flexibility to impose work requirements, meaning people who receive government assistance – including Medicaid – would be required to work.  Is that a good idea?

Click the audio player above to hear the full story.

Abacus: The only bank charged in the financial crisis

May 22, 2017
Kai Ryssdal and Tommy Andres

In 2010, the New York District Attorney's office charged Abacus Federal Savings Bank of Chinatown, New York with mortgage fraud.

Abacus became the only bank prosecuted for the financial crisis.

In a new documentary film, "Abacus: Small Enough to Jail," filmmaker Steve James tells the story of the Sungs, the family of a now 82-year-old Chinese immigrant named Thomas Sung who started Abacus in 1984.

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