Economy & Business

Business news

Lane Wallace

Wall Street has spent $1.4 billion on donations and lobbying this election, more than twice the contributions by any other industry, according to a new study by Americans for Financial reform. That works out to $2.3 million per day from January 2015 to September 2016. And it wasn't banks that led the effort, despite the political rhetoric around their role in big-money politics. Real estate interests topped the charts, spending $66 million. Perhaps less surprising: 61 percent of financial sector contributions went to Republican candidates, and 39 percent to Democrats.

What you learn when you spend a year drinking beer

Oct 26, 2016
Kai Ryssdal

It’s Lucy Burningham’s job to write about the beer business, but she wanted to take her knowledge a step further. Burningham set out on a quest to become a sommelier of the beer world, or a Cicerone, as they’re known.

Reema Khrais

A new forecast from the investment banking firm Cowen and Company says Amazon will likely become the nation’s biggest clothing seller next year.

The online retailer is beating out big department-store chains like Macy’s. Consumers are increasingly opting for the convenience of online clothes shopping. The shift has grave implications for traditional apparel retailers.

Marketplace for Wednesday, October 26, 2016

Oct 26, 2016
Andy Uhler

Wall Street is spending big in this election, more employers are investing in liberal arts graduates and Amazon is trying to take on Macy's. Plus: Part two in our series on how the immigration fight is shaping work in Washington.

The EpiPen, the anti-allergy device that has been under investigation because of huge price increases, is soon going to have some competition.

Kaleo Pharmaceuticals, a small privately held drugmaker, says it plans to bring the Auvi-Q epinephrine auto-injector back onto the market in 2017.

Both the Auvi-Q and EpiPen devices inject a dose of epinephrine into the thigh of a person experiencing a severe allergic reaction.

Five of your immigration questions, answered

Oct 26, 2016
Kai Ryssdal

To see the latest story of "How The Deck is Stacked," our series with Frontline and PBS NewsHour on the battle over immigration and how it's changing the job landscape across the state of Washington, click here.

What Volkswagen-Audi owners are supposed to do now

Oct 26, 2016

On today's show, we'll talk about a federal judge's decision to approve Volkswagen's $15 billion settlement for its rigged diesel cars;  Apple's 4 percent stock decline; and the growing popularity of Accountable Care Organizations, groups where health providers look after their patients and the costs of that care.

What to do with the VW albatross in your garage

Oct 26, 2016
Annie Baxter

A U.S. judge has approved a $14.7 billion settlement with Volkswagen AG over its diesel emissions cheating scandal. 

Last year, the company admitted that it had rigged its diesel vehicles with software to cheat emissions tests. The settlement offers remedies for about half a million drivers of affected 2-liter vehicles, which include several model years of the VW Beetle, Golf, Jetta, Passat and Audi A3.

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Trump International Hotel opens

Oct 26, 2016
Marketplace staff

The Trump International Hotel opens in Washington, D.C. today — a property that you likely heard Donald Trump mention during the presidential debates. 

Trump has used the renovation of the hotel, the former site of the U.S. Post Office headquarters, as an example of how he thinks the country should operate.

Sounds, particularly those made by other humans, rank as the No. 1 distraction in the workplace. According to workplace design expert Alan Hedge at Cornell, 74 percent of workers say they face "many" instances of disturbances and distractions from noise.

"In general, if it's coming from another person, it's much more disturbing than when it's coming from a machine," he says, because, as social beings, humans are attuned to man-made sounds. He says overheard conversations, as well as high-pitched and intermittent noises, also draw attention away from tasks at hand.

This presidential election year has tested the limits of free speech on Twitter. It's a prime political platform for Republican candidate Donald Trump, for the correspondents covering both presidential candidates, and for the purveyors of hate speech.

Emily Bell is the director for the Tow Center for Digital Journalism at the Columbia Journalism School. NPR's Steve Inskeep talked with Bell about the challenges Twitter faces.

Interview Highlights

On the quality of debate on Twitter

D Gorenstein

Since the introduction of Obamacare, a growing number of physicians are part of what are called Accountable Care Organizations, where physicians, nurses and other providers are responsible for the health of their patients and the costs of that care.

The shifting landscape is rearranging incentives, and leading doctors into corners of their work they’ve rarely visited.

On a late Friday afternoon last month, the Family Health Associates practice in Charleston, West Virginia is empty.

Empty except for Dr. Julie DeTemple and her staff.

Apple watches sold 70 percent less than last year

Oct 26, 2016
Adam Allington

The good news: a new report shows that Apple sold over a million smartwatches this summer. The bad news: sales are 71 percent down from the same period last year. Smartwatches were quick out of the gate, but sales have slowed, including Garmin's and Samsung’s versions. What’s behind this drastic drop in sales?   

Marketplace Tech for Wednesday, October 26, 2016

Oct 26, 2016

On today's show, we'll talk about a slip in iPhone sales for Apple; the danger of internet-connected devices; and the possibility of "social hacking" during this election.