Business And Economy

The Takeaway

JPMorgan's Efforts to Influence China's Ruling Elite

Thursday, November 14, 2013

JPMorgan Chase secretly recruited the daughter of China's former prime minister, Wen Jiabao, as part of a bigger strategy to gain influence with the country's ruling elite and promote the bank's status in China. According to our partner The New York Times, JPMorgan paid a consulting firm run by the prime minister's daughter, Wen Ruchun, who used the fake name "Lily Chang." All of this comes at the same time that U.S. authorities are investigating the bank and its practices. The Takeaway speaks with New York Times reporter Ben Protess.

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The Takeaway

How the Federal Government Got into the Economic Data Business

Tuesday, October 22, 2013

The September jobs report finally arrived today, delayed nearly three weeks because of the government shutdown. Despite the shutdown, the economy kept bumping along without the federal unemployment numbers. Is the private economy really so dependent on government data? Joining The Takeaway to examine the history and credibility of federal economic data is Heidi Moore, finance and economics editor for The Guardian U.S.

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The Takeaway

Lessons from the Sequester and the Shutdown

Thursday, October 10, 2013

While few economists would argue that automatic spending cuts—through the sequester or the shutdown—are the best way to reduce wasteful spending, the cuts are in effect. Nick Gillespie, editor in chief of Reason.com and Reason TV, and Ryan Alexander, president of Taxpayers for Common Sense, examine what the federal government has learned from the sequester and the shutdown: What spending is wasteful, and which programs are worth it?

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The Takeaway

Small Businesses On the Impact of the Shutdown

Friday, October 04, 2013

The economic consequences of the government shutdown are being felt by small businesses across the country. The closing of parks, national attractions and amenities, plus the ripple of effect of 800,000 national employees staying home from work this week, is hitting a lot of small businesses pretty hard. We've invited some of these small business owners on to talk about the economic impact they're feeling this week.

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The Takeaway

October 2, 2013

Wednesday, October 02, 2013

Gingrich Vs. Clinton & Boehner Vs. Obama: Government Shutdowns, Now & Then | Chemical Weapons Inspectors on the Ground in Syria | Coping With the Closing of the National Parks | Why Americans Abroad are Giving Up U.S. Citizenship | Valerie Plame on the CIA, Current Events, and Her New ...

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The Takeaway

Government Shutdown: A Sign of Failure or Success For Democracy? | Chemical Weapons Inspectors on the Ground in Syria | Valerie Plame on the CIA, Current Events

Wednesday, October 02, 2013

Gingrich Vs. Clinton & Boehner Vs. Obama: Government Shutdowns, Now & Then | Chemical Weapons Inspectors on the Ground in Syria | Coping With the Closing of the National Parks | Why Americans Abroad are Giving Up U.S. Citizenship | Valerie Plame on the CIA, Current Events, and Her New Crime Novel ...

The Takeaway

September 19, 2013

Thursday, September 19, 2013

Boehner Bows to Pressure From Right as Shutdown Looms | Major Companies Change Health Plans in Anticipation of ACA Roll Out | Fed Shocks with Move to Hold Bond-Buying Program Intact | Can Georgia's Mysterious Monument Help the Local Economy? | Here's What Happens When You Take on the NRA: ...

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The Takeaway

Can Georgia's Mysterious Monument Help the Local Economy?

Thursday, September 19, 2013

Just 90 minutes outside Atlanta, the town of Elberton, GA is home to a mysterious monument: The Georgia Guidestones. The stones consist of two massive granite slabs weighing more than 100 tons, engraved with a few words of advice: Guidelines in eight languages for how to rebuild society after a nuclear attack. Mart Clamp helped his father engrave the stones more than three decades ago. He's hoping to use them to revitalize Elberton’s flagging economy.

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The Takeaway

Major Companies Change Health Plans in Anticipation of ACA Roll Out

Thursday, September 19, 2013

Drugstore giant Walmart announced this week that it will provide payments to eligible employees to purchase insurance on a private health insurance marketplace. Ezekiel Emanuel is the former Obama administration adviser on health care. He explains how and why more and more companies are transforming their health plans as the Affordable Care Act goes into effect.

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The Takeaway

Pols That Take On the NRA Lose | The Doctor Will See (All Of) You Now | Can Georgia's Mysterious Monument Help the Local Economy?

Thursday, September 19, 2013

Boehner Bows to Pressure From Right as Shutdown Looms | Major Companies Change Health Plans in Anticipation of ACA Roll Out | Fed Shocks with Move to Hold Bond-Buying Program Intact | Can Georgia's Mysterious Monument Help the Local Economy? | Here's What Happens When You Take on the NRA: ...

The Takeaway

Janet Yellen and the Future of the Fed

Wednesday, September 18, 2013

Janet Yellen is the new presumptive front-runner for chair of the Federal Reserve. But who is Janet Yellen? And how might she change the Fed if she's put in charge? Susan M. Phillips has some insights to share. She served on the Board of Governors of the Federal Reserve from 1991 to 1998, overlapping with Janet Yellen during Yellen’s first appointment from 1994-1997.

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The Takeaway

With Generational Shifts, The New Sharing Economy Flourishes

Wednesday, September 18, 2013

In the new sharing economy, consumers can easily rent or share everything from bikes to luxury clothing. Arun Sundararajan, professor at NYU's Stern School of Business, says the new investment in renting is fueled by the rise of the internet and urbanization. The millennialtendency to rent caught the eye of Jennifer Hyman, the co-founder and CEO of Rent the Runway, a company that allows its customers to rent luxury clothes for a tenth of the retail price. 

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The Takeaway

September 10, 2013

Tuesday, September 10, 2013

Proposals & Threats, But No Answers for Syria | Humanitarian Crisis in Syria Worsens as U.S. Deliberates Action | Missouri Moves One Step Closer to Nullifying All Federal Gun Laws | The Quest to Save AM Radio | New Super Camera Seeks Answers to the Mystery of Dark Energy | Recruiting & ...

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The Takeaway

Recruiting & Retaining Women at the Top

Tuesday, September 10, 2013

Back in the late 1960s, when the first female traders were allowed on the floor of Wall Street, they were treated more like the butts of jokes than like trailblazers. Today, the finance and business sectors have come a long way, but they still struggle to put women in the ranks, or keep them there. Malli Gero and Rachel Sklar are two people who are trying to change that.

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The Takeaway

Proposals & Threats, But No Answers for Syria | The Quest to Save AM Radio | Recruiting & Retaining Women at the Top

Tuesday, September 10, 2013

Proposals & Threats, But No Answers for Syria | Humanitarian Crisis in Syria Worsens as U.S. Deliberates Action | Missouri Moves One Step Closer to Nullifying All Federal Gun Laws | The Quest to Save AM Radio | New Super Camera Seeks Answers to the Mystery of Dark Energy | Recruiting & ...

The Takeaway

New Study Shows Damaged Products Less Likely to Be Recycled

Tuesday, August 27, 2013

Does a dent in a soda can or a crumpled piece of paper affect people’s recycling habits? As it turns out, yes. According to a recent study by professors at the University of Alberta and Boston University, what our refuse looks like may be a determining factor in whether or not we recycle. Jennifer Argo, co-author of the study, joins the Takeaway to discuss how people perceive waste and how re-branding recycling may help people to recycle more often.

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The Takeaway

Taxi-Hailing Apps Thrive Across the U.S. & Meet Unique Need in NYC

Wednesday, August 14, 2013

Most city dwellers are familiar with the vain attempts to flag down a cab when it’s raining or freezing or both. But new taxi-hailing smartphone apps are revolutionizing the relevancy of the outstretched arm and whistle. The apps are serving an alternate, and perhaps more important purpose in New York however. They are bringing cabs to underserved areas and underserved people. New Yorker Stacy-Marie Ishmael explains.

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The Takeaway

Report: Illegally Mined Conflict Minerals in Everyday Consumer Products

Monday, August 12, 2013

A new report for Bloomberg Markets Magazine exposes "conflict tungsten" from Colombia. A major tungsten mine in a remote part of Colombia is controlled by the guerrilla terrorist group FARC. It uses the proceeds from the sale of the precious metal to fund its activities. Michael Smith is a Bloomberg Markets Latin America Reporter. He joins The Takeaway to discuss the use of tungsten in electronic devices.

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The Takeaway

Will Amazon's Bezos Transform the Newspaper Industry?

Wednesday, August 07, 2013

Amazon’s CEO Jeff Bezos purchased The Washington Post this week for $250 million. There is speculation that Bezos has big plans for revamping the paper, which has suffered a 44 percent decline in operating revenue over the past six years. Alan D. Mutter, a media consultant and former newspaper editor, explains the opportunity Bezos has to re-envision what it might mean to be a newspaper in the digital age.

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The Takeaway

August 2, 2013

Friday, August 02, 2013

Russia Grants Snowden Asylum Despite U.S. Demands | Should Detroit Get a Bailout? | Paul Schrader On His Controversial New Film, "The Canyons" | Should The Severely Mental Ill Be Forced to Receive Treatment? | New Movie Releases of the Week: The Canyons & 2 Guns | In July, Economy ...

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