Economics & Economy

Lane Wallace

Facebook CEO Mark Zuckerberg and his wife, Dr. Priscilla Chan, took to Facebook live on Wednesday to announce they’ll put $3 billion into an effort to “cure, prevent or manage” all diseases.

Sam Beard

The long vacation season in Europe is winding down, and in  spite of the continent’s well-known problems — the festering debt crisis, the continuing influx of thousands of refugees and migrants across the Mediterranean, and the growing fear of Islamist terrorism —  European tour operators have had another good year.

Foreign holiday bookings are up more than 5 percent. But not every holiday destination is benefiting; there have been winners and losers.

France – one of the most visited countries  in the world – is one of the losers.

Two big stock buybacks revive a debate

Sep 22, 2016
Mark Garrison

Two big companies are setting fistfuls of money aside to buy up their own stock. Microsoft has announced a $40 billion buyback program, while also jacking up its dividend. Target plans a $5 billion buyback. Those are on top of existing multi-billion dollar share buybacks already happening at both companies.

Streaming now accounts for almost half of music revenue

Sep 22, 2016
Adam Allington

Revenue in the music industry is up, thanks in no small part to the explosive growth of streaming services, such as Spotify and Pandora.

After years of shrinking profits due to online piracy and falling prices, revenue is now up 8.1 percent for the first half of the year, according to the Recording Industry Association of America.

That’s good news for record companies. However, the streaming companies are still over a barrel, said Andrew Sparkler of Downtown Music Publishing.

Marketplace

On today's show, we'll talk about Mark Zuckerberg and Priscilla Chan's $3 billion pledge to wipe out all diseases; a revenue increase in the music industry thanks to streaming; the 40th anniversary of the Vanguard mutual fund; and news that Maersk, a Danish shipping conglomerate, is splitting into two.

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