Marketplace

Weekdays at 6:30PM on WVTF/RADIO IQ

Marketplace with host Kai Ryssdal produced and distributed by American Public Media focuses on the latest business news both nationally and internationally, the global economy, and wider events linked to the financial markets.

The only national daily business news program originating from the West Coast, Marketplace is noted for its timely, relevant and accessible coverage of business, economics and personal finance. 

Sears has inked a deal with Amazon that it hopes will boost its flagging sales. Amazon will begin selling appliances by Kenmore — one of Sears’ flagship brands. But there could also be a downside for the struggling department store chain.

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General Electric is expected to report its second quarter earnings before the markets open today [[Friday]]. [[Update with earnings news.]] It’ll be longtime CEO Jeffrey Immelt’s last chance to seal his legacy at the company before stepping down at the end of the month. GE’s stock has earned the distinction of being the worst performer in the Dow Jones Industrial Average during Immelt’s tenure. The challenge of boosting profits and GE’s many divisions will fall to incoming chief John Flannery.

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Experts have been building an early warning system for earthquakes up and down the West Coast, but President Trump’s proposed budget would cut all federal funding for the project.

Now, as Congress digs into the budget, there are Republicans and Democrats fighting to save the program and get it up and running before another big quake hits.  

Marketplace

The U.S. Treasury has just slapped ExxonMobil with a $2 million fine for violating business sanctions against Russia. We'll take a look at how the controversy began and how Secretary of State Rex Tillerson (the former CEO of ExxonMobil) has responded. Afterwards, we'll discuss the challenges that General Electric's incoming CEO John Flannery may face, and then talk about Amazon's new social network: Spark.  

Marketplace

We're starting off our show today by playing Silicon Tally, the game where we try to stump each other with numbers from the week's news. Our guest for this episode: Marketplace reporter Ryan Kailath. Afterwards, we'll examine an unexpected threat to the computer vision systems in autonomous vehicles: kangaroos.

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