Economy & Business

Business news

Panama Canal expands as trade falls flat

Jun 20, 2016
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David Brancaccio, Justin Ho and Katie Long

On Sunday, the new Panama Canal — one of the most important arteries for commerce in the world — opens for business. This new, wider channel will allow bigger ships loaded with more stuff to squeeze through, which means the Panamanians can charge bigger tolls. But what about the rest of the world?

The thing that no one is talking about is: By many measures, this canal is opening as world trade growth is petering out. 

Obama pitches international investors

Jun 20, 2016
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Mark Garrison

On Monday afternoon, President Barack Obama will tell the rest of the world to bet on America. He’s speaking at the SelectUSA Investment Summit in Washington, a Commerce Department event aimed at getting foreign investors to put more money into America.

Marketplace Tech for Monday, June 20, 2016

Jun 20, 2016
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Marketplace

On today's show, we'll talk about tech company Twilio's plans to hold its initial public offering this week; interview Nancy Lublin, the founder and CEO of of Crisis Text Line; and look at Conde Nast's acquisition of Backchannel, a blog that will be a part of the Wired group.

 

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Marketplace

On today's show, we'll talk about the upcoming opening of the expanded Panama Canal as part of our new series "Last Ditch Effort: The Panama Canal and Peak Trade." Plus, we'll also look at a public shift in favor of Britain remaining in the European Union. 

Big smiles in Vermont over dental therapy

Jun 19, 2016
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D Gorenstein

What some see as a revolution in dentistry is happening in Vermont.  On Monday, the governor will highlight a new law that allows the practice of dental therapy.

Dental therapists, who work under the supervision of dentists, may make it easier for low-income residents to get care. In Vermont — and pretty much everywhere else — if you’re poor, getting dental care is tough.

Twenty percent of dentists nationwide accept Medicaid. Vermont dentist Dr. Patrick Rowe says he could see how dental therapists could make it easier to get into his office.

Last week marked the end of an era for the historic Chicago-based Johnson Publishing Co. After a 71-year run as an outlet for the expression of both the highest aspirations and deepest frustrations of African-Americans, the family-owned business has sold its iconic lifestyle magazine — Ebony -- and the now digital-only Jet magazine.

Copyright 2016 NPR. To see more, visit NPR.

Copyright 2016 NPR. To see more, visit NPR.

Copyright 2016 NPR. To see more, visit http://www.npr.org/.

Just seven weeks before the opening ceremony of the Olympics, the governor of Rio de Janeiro has declared a "state of calamity." Interim Governor Francisco Dornelles says the state's government is bankrupt and can't meet its financial commitments ahead of the games.

Copyright 2016 NPR. To see more, visit http://www.npr.org/.

Copyright 2016 NPR. To see more, visit http://www.npr.org/.

The Department of Justice asked a federal judge to end an ongoing trial of FedEx in San Francisco, but didn't specify a reason. The Associated Press reports the judge halted the trial which began on Monday. A grand jury indicted the company in 2014, for allegedly shipping packages from illegal online pharmacies.

The soda industry says it will fight to repeal the tax on sweetened beverages voted in by the Philadelphia City Council this week.

"The tax passed [in Philadelphia] is a regressive tax that unfairly singles out beverages — including low- and no-calorie choices. But most importantly, it is against the law," reads a statement from the American Beverage Association.

When 20-year-old Adam Lanza walked into Sandy Hook Elementary — the same school he attended as a child — he was carrying a few guns, but his main one was a Bushmaster AR-15 rifle.

In a span of a few minutes, 20 students and six educators were dead. In one classroom, police recovered 80 expended bullet casings from the gun. In another, 49.

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