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Marketplace Morning Report
8 minutes | 8 hours ago
U.S. stock markets could get less Chinese business if a new law passes
The Holding Foreign Companies Accountable Act has now passed both the House and Senate. Plus, 712,000 new state jobless claims last week. And, how delivery companies will fare having to ship all of the holiday gifts and COVID vaccines. Your support makes our journalism possible — become a Marketplace Investor today to keep us going strong.
8 minutes | 12 hours ago
There’s new momentum for federal pandemic relief efforts
In focus: A $900 billion proposal from a bipartisan group of senators. Plus, a new Urban Institute report finds Black, Latinx and Native American workers are particularly vulnerable to coronavirus infection on the job. And, Kroger offers rapid antibody testing. Your support makes our journalism possible — become a Marketplace Investor today to keep us going strong.
9 minutes | 12 hours ago
Could effective vaccine rollout speed up the U.K.’s economic recovery?
From the BBC World Service: People in Britain could be immunized as soon as Monday. Also, a Chinese approach to delivering vaccines that require cold storage for Africa and the Middle East. And, delivery challenges this holiday season. Your support makes our journalism possible — become a Marketplace Investor today to keep us going strong.
9 minutes | 2 days ago
Cooking to bridge divides
Marcus Samuelsson on his new role with Bon Appétit and his new cookbook, “The Rise,” featuring the work of Black chefs. Plus, a deal for Salesforce to buy Slack. And, the U.K. approves Pfizer-BioNTech’s COVID vaccine. Your support makes our journalism possible — become a Marketplace Investor today to keep us going strong.
8 minutes | 2 days ago
Nasdaq, Bon Appétit and managing cultural change
Nasdaq is seeking mandatory board diversity for companies listed on its U.S. stock exchange. Plus, an interview with the new Bon Appétit editor-in-chief, Dawn Davis. And, President Trump threatens a veto targeting social media companies and using defense funding as leverage. Your support makes our journalism possible — become a Marketplace Investor today to keep us going strong.
7 minutes | 2 days ago
U.K. will start rolling out a COVID-19 vaccine next week
From the BBC World Service: Britain is the first country in the world to approve the Pfizer-BioNTech coronavirus vaccine for widespread, emergency use. And, can another aid conference help revive Lebanon’s economy, despite the country’s political deadlock? Your support makes our journalism possible — become a Marketplace Investor today to keep us going strong.
10 minutes | 3 days ago
2020 has already been a big year for charitable giving
This Giving Tuesday, we take a look at where people are donating — places like food banks, housing groups and mutual aid networks. Plus, the stock market’s strongest month in more than 30 years. Also, the future of net neutrality, given upcoming changes to the FCC. And, the epidemic lessons San Francisco learned from HIV/AIDS. Your support makes our journalism possible — become a Marketplace Investor today to keep us going strong.
8 minutes | 4 days ago
A second vaccine submitted for approval
Moderna says its data shows its vaccine candidate is 94% effective. Plus, we crunch the numbers so far on holiday shopping. And, for immigrants sending money back to their home countries, what happens to remittances during a pandemic?
8 minutes | 4 days ago
The Biden economic team begins to take shape
Subject to confirmation, of course. Names are leaking out for who Biden is expected to pick for top-level economic positions in his administration. Plus, what a working coronavirus vaccine would mean for Zoom. And, inside the Biden-Harris team’s ambitious pandemic response plan.
8 minutes | 4 days ago
The British retail giant that owns Topshop is close to collapse
From the BBC World Service: Parts of Arcadia Group could be sold off as COVID-19 strikes a blow on Main Street. Also, the Tokyo Stock Exchange CEO says he’ll quit after an unprecedented shutdown of trading in October. Plus, how Uganda’s coffee exports are thriving.
10 minutes | 7 days ago
Oil prices are stable … for now
Awaiting OPEC’s next decision on oil output. Plus, another trial for AstraZeneca’s COVID-19 vaccine. Also, what to expect from the holiday shopping season. And, a booming — or blooming — local industry in Texas takes a pandemic hit with the interruption of high school football homecoming games.
8 minutes | 7 days ago
Why is Australian wine about to get way more expensive in China?
From the BBC World Service: Beijing is set to add tariffs starting Saturday, escalating trade tensions. Also, plans to export a COVID-19 vaccine to developing countries. And, is Sri Lanka too reliant on China for capital investment?
9 minutes | 7 days ago
Trump’s census fight is back at the Supreme Court
The Trump administration wants to exclude undocumented immigrants from the count. Plus, rethinking city living and urban planning in the time of COVID-19. And, 75 years of the Slinky, another classic toy that’s selling during the pandemic.
9 minutes | 8 days ago
Keeping everyone fed during a pandemic Thanksgiving
This year, the need for food programs and pantries is greater, and it will go far beyond Thanksgiving. Plus, the humanitarian crisis North Korea could be facing as a result of rapidly decreasing trade with China. And, a housing crisis in Florida.
8 minutes | 8 days ago
Shanghai is now the most connected city for flying
From the BBC World Service: Pandemic disruption has majorly affected flight hubs like New York and Tokyo. Plus, will EU countries follow Germany and keep ski resorts closed to contain COVID-19? And, heat-and-eat Thanksgiving in London.
9 minutes | 8 days ago
That trade deal with China? Not working out so well.
Recent numbers show China doesn’t appear to be meeting its buying obligations for any of the product categories in the phase one trade deal with the U.S. Plus, with all of the holiday sales here or just ahead, 75% of shoppers say they’re planning to avoid crowds and shop online, according to a survey from Deloitte. And, an American Thanksgiving experience in London.
10 minutes | 9 days ago
How the stock market seems vaccinated against the virus
There’s a lot of hope built into the recent stock market rally. There also really aren’t many other places for investors to take their money. Plus, a rule proposal from the SEC to let tech companies pay their workers in part with company equity. And, checking in with Pennsylvania about how it’s approaching the challenge of distributing COVID vaccines once they arrive.
9 minutes | 9 days ago
The pandemic-resistant Dow Jones Industrial Average
COVID cases are surging, historically high numbers of people are signing up for unemployment benefits, and yet the Dow has crossed 30,000 for the first time. Plus, more Americans are relying on food programs. And, growth for the RV industry during the pandemic.
8 minutes | 9 days ago
European countries review budgets as COVID-19 continues to spread
From the BBC World Service: France expands business funding for companies forced to close during nationwide lockdowns. Plus, how EU funding could help restart Spain’s economy. And, the U.K. considers cutting foreign aid spending.
9 minutes | 10 days ago
Giving thanks, even when tragedy strikes your business
Greenberg Smoked Turkeys is going to miss the 2020 holiday season completely because of a fire at one of its facilities. But the company is optimistic about 2021. Plus, what would Janet Yellen as treasury secretary mean for the chances the U.S. government extends more pandemic relief? And, GM has changed its mind and is no longer pushing back against California’s clean car standards.
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