Economy & Business

Business news

Electronic Arts or EA is the company behind video games such as FIFA, Madden, and Battlefield. Its CEO, Andrew Wilson, talks to Marketplace host, Kai Ryssdal, about e-sports, the multi-screen nature of gaming, and using fans to test games before they're released.

 

 

Click the audio player above or subscribe to the Corner Office podcast to listen to the full interview.

This summer, diners in New York, San Francisco and Los Angeles will get their hands on a hamburger that has been five years in the making.

The burger looks, tastes and smells like beef — except it's made entirely from plants. It sizzles on the grill and even browns and oozes fat when it cooks. It's the brainchild of former Stanford biochemist Patrick Brown and his research team at Northern California-based Impossible Foods.

The startup's goal is like many in Silicon Valley — to create a product that will change the world.

When it comes to a popular work-messaging app, "just between you and me" may not be as private as you think.

Slack has broken through as a user-friendly messaging app geared for teamwork and collaboration; its user base has more than tripled in the past year, to 3 million active users as of May.

I must admit I have dunked a tea bag into hot water and called it tea. I have even made Darjeeling tea, sometimes called the champagne of teas, from a tea bag.

For tea gurus like Anindyo Choudhury, that is sacrilege. "I wouldn't even touch it," he says.

Most tea-bag teas are chopped and cut by machine instead of being rolled and twisted, hand-plucked and hand-processed. The best Darjeeling tea is loose leaf, steeped for a couple of minutes in hot water — it's light and bright.

The U.S. Department of Energy is considering the future of a public asset worth tens of billions of dollars: the Strategic Petroleum Reserve.

When British voters go to the polls on Thursday to decide whether the United Kingdom should remain in the European Union, a lot of people on this side of the Atlantic will be watching as well.

U.S. companies with large operations in the U.K., such as Cisco, JPMorgan Chase, Ford and General Electric, have already spoken out against "Brexit," even hinting that it could force them to lay off workers.

A Puma jersey disaster

Jun 21, 2016

On today's show, we'll talk about a jersey debacle in a European football match; CarMax's success, despite worse-than-expected earnings; and the ways money in politics can influence Americans' everyday lives .

CarMax Inc. still earning respect

Jun 21, 2016
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Sally Herships

CarMax failed to meet earnings expectations during the first quarter, but is still pulling stronger sales than many of its online competitors combined.  The company earned a net profit of $175.36 million during the first quarter, compared to $181.97 million during the same period last year.

On first blush, the death of the young actor Anton Yelchin, who starred in recent Star Trek movies, seemed just a freak accident, but it might be connected to a known defect in his SUV.

Yelchin's body was found pinned between his car and a fence. His Jeep Grand Cherokee had apparently rolled into Yelchin after he exited the car.

Is money in politics making you fat?

Jun 21, 2016

Money in politics is getting top billing this election season. Some see it as a meta issue that flies above many big public policy matters like financial regulation or energy reform. But money and its influence can be hard to see in our everyday lives. 

Inching global trade growth, through the eyes of a Caterpillar

Jun 21, 2016
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David Brancaccio, Katie Long and Justin Ho

On Sunday, the new Panama Canal opens for business. Great canal, but awkward timing. Don’t tell a soul, but by many measures, world trade has quietly tapered off while nobody was looking. Some talk of "peak trade." This week, we’re looking at what this means for the canal and the world if globalization ain’t what it used to be.

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Reema Khrais

Apple has built its reputation on protecting it users' data. But information is power in business, and even Apple concedes it could benefit from stronger information.

When the company's new operating system iOS 10 is introduced this fall, it will use a fancy math technique called "differential privacy" to gather data without compromising privacy.

Aaron Roth, a professor at the University of Pennsylvania, wrote a book on the topic. Here’s the super CliffsNotes version:

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Marketplace

On today's show, we'll talk about Caterpillar's involvement in the construction of the Panama Canal; new filings from the Federal Election Commission of the presumptive presidential nominees; and the relationship between pharmaceutical companies and doctors. 

Marketplace Tech for Tuesday, June 21, 2016

Jun 21, 2016
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Marketplace

On today's show, we'll talk about the Federal Communication Commission's plans to open the U.S. to the next generation of mobile networks; look at Apple's decision to start making some money from user data; and  interview engineer Erica Baker about diversity in tech. 

Are Millennials Chocolate Chip-o-crites?

Jun 20, 2016

If you give a millennial a cookie, he'll ask for some organic milk to go with it. So goes the food industry's conventional wisdom, which has pegged millennial consumers as caring more than previous generations about the social and environmental implications of their food.

But give a millennial a chocolate bar, and he'll hold off on the questions, according to an April study in the journal Food Quality and Preference.

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