Marketplace from APM

Mon-Fri 6:30PM – 7PM
  • Hosted by Kai Ryssdal

American Public Media's Marketplace presents news on business, economics, and money for the rest of us.

More info on Marketplace

Dan Bobkoff

The residents of Kibera, in Nairobi,  have a message for foreign aid groups in their community: if you want us to come hear what you have to say, you need to pay us. 

So many non-governmental organizations (NGOs) have flooded this poor area that many locals have become disillusioned by the foreigners who say they want to help. 

Frank Ocean and the business of really fancy music videos

22 hours ago
Kai Ryssdal and Bridget Bodnar

Earlier this week, Frank Ocean released 17 songs as part of a new album, Blonde – his first in four years. But in the style a la Beyonce and Lemonade, Ocean also released a visual album called “Endless”…oh, an also, an oversized art magazine called “Boys Don’t Cry.” Multiple pop-up shops appeared in New York, Los Angeles, Chicago, and London.

Kai Ryssdal

Update: According to the Associated Press, authorities in Rio are charging Lochte with making a false robbery report.

Ryan Lochte lost all his big sponsorship deals after his idiocy down in Brazil during the Olympics. Today, you might say he's failing upward, or something.

What's behind Uber's $1.2 billion loss

22 hours ago

You know what's worse than losing a million dollars? Losing a billion dollars.

But a report today says Uber managed to lose a billion dollars in just the first half of this year.

The Bloomberg report also says Uber isn't profitable in the U.S. this quarter, in part because of its ongoing price battles with rival Lyft.

Kai Ryssdal spoke with Marketplace's senior tech correspondent Molly Wood to see what's behind the loss. 

Like any business, revenue drop hurts RNC

22 hours ago
Kim Adams

The Republican National Committee has had one of its worst fundraising months in recent years. There are many theories as to why: the candidate, the media, the donors, and more.

But no matter the reason, the truth is that the RNC is like any business; when there's less money coming in, there's less business it can do. That means fewer voter registration drives, fewer ads, and less staff support for the campaign of the party's presidential nominee — this election, that's Donald Trump.

Could we have prevented Zika?

23 hours ago
Kai Ryssdal

Seems like there’s a new scary disease every year—two years ago Ebola’s hemorrhagic fever and this year Zika’s misshapen baby heads. Zoonotic diseases like these have cost the world billions of dollars and millions of lives.  Earlier this month, the CDC issued its first travel warning in the continental U.S for mosquito-born Zika in Miami Florida.

Marketplace for Thursday, August 25, 2016

Aug 25, 2016

Uber posted second quarter losses exceeding $100 million; The CEO of Mylan attributes the cost of EpiPens increasing by 500 percent to a dysfunctional healthcare system; and we examine the mini-trend of artists like Beyonce and Frank Ocean releasing visual albums.

Gigi Douban

Today the CEO of Mylan responded to the uproar over her company's price increases for EpiPens, the life-saving anti-allergy injectors. A pack of two EpiPens now costs $600, up from $100 in 2007. CEO Heather Bresch said Mylan will offer more financial assistance to help people pay their out-of-pocket costs — the piece that health insurance doesn't cover. But she did not offer to take back any of the price increases.

On today's show, we'll talk about emergency measures to help those affected by Wednesday's earthquake in central Italy; why Nevada is an unusual battleground state, economically, for presidential candidates; and how the U.K. is doing two months after the Brexit vote. 

Andy Uhler

Representatives of Orlando Regional Medical Center and Florida Hospital who treated victims of the Pulse nightclub attack, the deadliest shooting in modern U.S. history, said they're not going to send those people bills for the medical services they received.