Business/Economy

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Adrienne Hill

The 100th running of the Indianapolis 500 will have an official poet and poem. The poetry competition is a return to an Indy 500 tradition from the 1920s.

An Indiana University graduate student, Adam Henze, will read his winning poem during qualification weekend.

It'll also appear in the program on race day.

Marketplace called him up and asked him to read his ode to the Indy 500: “For Those Who Love Fast, Loud Things.”

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Andy Uhler

Puerto Rico is in over its head. At the end of this week, the island needs to make a $422 million dollars payment on its bonds, but it’s a payment it can't afford, according to its government. The U.S. territory sold tens of billions of dollars in bonds to balance its budget as tax incentives were phased out and citizens, along with tax revenue, left the island.

Investor Carl Icahn dumps Apple stake

15 hours ago
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Reuters

Billionaire activist investor Carl Icahn said Thursday he had sold his entire stake in Apple Inc, citing the risk of China's influence on the stock.

How West Texas Is Surviving The Oil Bust

15 hours ago
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Lorne Matalon

Comcast to buy DreamWorks for more than $3 billion

18 hours ago
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Marketplace staff

To listen to Marketplace’s Adriene Hill and Variety’s Cynthia Littleton talk more about what this deal means for Comcast and movie goers, click on the audio player at the top of the page.

Comcast confirmed Thursday its interest in DreamWorks Animation, announcing it will pay more than $3 billion for the film company. Wall Street responded favorably.

US GDP growth slows to 0.5 percent

18 hours ago

On today's show, we'll talk about slow economic growth for the U.S.; the decline of brick-and-mortar stores; and how the NFL draft grew into a major public spectacle. 

NFL draft has become a spectacle in itself

Apr 28, 2016
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Nova Safo

The NFL draft, which begins Thursday in Chicago, has undergone a major evolution.

The draft used to be a closed-door meeting of NFL team officials who huddled to make deals over college players who are drafted into the professional football league.

"It used to be only sports writers cared. They used to hang out in the hotel where the draft is going on," said Rodney Fort, a professor of sports management at the University of Michigan.

Retail shakeout: Web stores on the rise

Apr 28, 2016
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Mitchell Hartman

Brick-and-mortar retail is going through a substantial shakeout in 2016. While retail sales overall have held up moderately well (up 3.1 percent in 2015), growth has stalled over the past several years. Virtually all the recent expansion in retail has been in online sales, rising by double digits annually.

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Annie Baxter

A new report from the nation's largest domestic hunger relief organization, Feeding America, points to a persistent problem of food insecurity: the socio-economic condition where people have limited or uncertain access to adequate food.

The report said food insecurity rates across counties remained high at 14.7 percent in 2014, the most recent year its data captured.

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Marketplace

On today's show, we'll talk about the inability for many Americans to access adequate food; look at Facebook's plan for a new class of shares; and interview Antoine van Agtmael about his new book, "The Smartest Places on Earth." 

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