Economy & Business

Business news

Don't call it 'Black Friday.' It's 'Golden Friday' at one mall in Montana

Nov 23, 2015
Molly Wood, Mukta Mohan and Bridget Bodnar

It is generally agreed that this week is when the holiday shopping season officially begins. Stores and malls around the country are preparing for Black Friday, which now starts on the evening of Thanksgiving. But, retail has had a tough time lately, especially big department stores that often anchor shopping malls. Last year, we spoke to Alana Ferko who manages the Butte Plaza Mall in Butte, Montana. The mall had just lost one of its big anchor stores, JC Penny, and she was worried about the future of the mall. We checked in to see how she’s feeling about this holiday season.

Marketplace for Monday, November 23, 2015

Nov 23, 2015

How the Pfizer and Allergan merger is an example of corporate inversion; the Food and Drug Administration gives GMO salmon the green light; and a look at emotional labor.  

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Businesses in Brussels feel the effects of the lock down

Nov 23, 2015
Molly Wood and Mukta Mohan

Brussels, Belgium has been on lockdown since Saturday, because of what authorities call “a serious and imminent threat” of a terror attack. Public transit, schools, theaters, museums and shopping malls are all closed. It's unclear when the threat might actually be lifted and what economic impact the shutdown will have on the city and the European Union. The BBC’s Alex Forsyth shares what it’s currently like in Brussels.

On what it looks like in Brussels:

Local Money: Gloversville Library hopes to rebound

Nov 23, 2015
Lizzie O'Leary

We're trying something new here on Marketplace Weekend that we're calling Local Money. We want to hear about the stories happening in your neighborhood that you think more people need to hear about. Submit your idea here.

Pfizer's tax-driven Allergan merger

Nov 23, 2015
Tracey Samuelson

The boards of pharma giants Pfizer and Allergan have given the thumbs up to a merger worth $160 billion.

It’s an example of a so-called corporation inversion, where a U.S. company hooks up with a foreign corporation to benefit from its address and the lower tax rate that comes with it.

Amy Scott

When Jeffery Beckham Jr. was in college, the Black Culture Center was a refuge on a predominantly white campus. It had everything from poetry readings and live jazz to study groups and networking opportunities.

“As an African-American student, the Black Culture Center offered amenities and culture and comfort that you may have been hard pressed to find in other areas of the campus,” Beckham said.

The extraordinary security around GMO salmon

Nov 23, 2015
Tony Wagner

The public comment period around AquAdvantage Salmon starts Tuesday, and given that it's the first genetically-engineered fish declared fit to eat by the FDA, those comments are likely to be lively.

Navigating the unwritten rules of the workplace

Nov 23, 2015
Raghu Manavalan and Lizzie O'Leary

There are all sorts of unwritten rules about how to behave in the workplace, rules that you usually only learn from — often embarrassing — experience.

Or, you could read Ross McCammon's book, Works Well with Others, a guide to navigating workplace culture without enduring the embarrassing experiences that come before. He came into the Marketplace's New York bureau recently to share what he learned about office life.

Don't worry, be happy! Or else you're fired.

Nov 23, 2015
Sabri Ben-Achour

Cara O’Regan’s former job will probably sound pretty familiar to a lot of people. “We were encouraged to be positive and put a positive spin on things whenever possible,” she said.  O’Regan worked in retail sales.

It is an industry in which the customers are always right but not always. . . . nice. “Their responses would be out of proportion to what was actually going on, taking their own stress and psychological distress out on us,” O’Regan said.