Business/Economy

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Donna Tam

A well-paid CEO does not necessarily equal a high-performing company, according to a study released Monday. In fact, it seems more likely you're getting a lot less bang for your buck.

Research firm MSCI tracked roughly a decade of performance and pay for some of the highest-paid CEOs in the U.S., and found that higher-paid CEOs underperform when comparing their companies to those of their lesser-paid counterparts.

The financial role of a party's political chair

11 hours ago

On today's show, we'll talk about the resignation of Debbie Wasserman Schultz, the chairwoman of the Democratic National Committee, and the broader question of how a political chair can affect fundraising efforts; China's decision to shut down several online news operations; and a North Texas town run entirely by students. 

Economy is fodder for politics

11 hours ago
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Mitchell Hartman

The state of the economy will affect voters’ decision making in November and also provide talking points for both parties’ presidential candidates on the stump.

Economist Michael Strain at the American Enterprise Institute said that a midsummer snapshot shows a pretty healthy U.S. economy.

“For July 2016, I think you’d have a very good grade,” said Strain. “The last jobs report was extremely good. The unemployment rate is quite low. Stock prices are looking good.”

And consumers appear confident, as their spending has been very strong in recent months.

Verizon to purchase Yahoo for $4.8 billion

12 hours ago
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Lane Wallace

Verizon Communications has confirmed it will purchase the main core of Yahoo’s internet business for $4.8 billion, a paltry sum compared to Yahoo’s value in its heyday.

In Texas, kids learn money doesn't grow on trees

13 hours ago
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Bill Zeeble

Enterprise City is a tiny North Texas town where the government and every business are run by students. The kids get paid too, even though they’re underage. And it’s all legal.  Enterprise City was launched to teach government and commerce. Now that Texas requires financial literacy courses through eighth grade, the little town’s getting additional interest.

In a large school classroom in Richardson, just north of Dallas, Enterprise City is bustling. Fifth graders, like 11-year-old Jay Thompson from Lakeside Elementary, are busy being in charge of things.

Paid internships more likely to lead to job offers

14 hours ago
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Ashley Milne-Tyte

It’s summer, and interns are trying to make their mark at workplaces all over the country. A lot of them hope their efforts will lead to a job offer. A new student survey from the National Association of Colleges and Employers says your chances of getting that offer vary depending on the type of internship you take. 

Almost three-quarters of paid interns in the corporate world got a job after finishing an internship. About 44 percent of unpaid interns did.

2 killed, 17 shot at Florida nightclub

14 hours ago

Two people have been killed and more than a dozen shot at a nightclub in Fort Myers, Florida, authorities said.

As many as 17 people have been shot in the early Monday shooting at Club Blu, police Capt. Jim Mulligan said.

Three people have been taken into custody and there are two active crime scenes, Mulligan said.

The area was later deemed safe, but Mulligan said a street was still closed as authorities investigated.

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Marketplace

On today's show, we'll talk about Verizon's planned $5 billion purchase of Yahoo's core business; the current state of the economy; and the lessons Washington Post columnist Allan Sloan has learned about bond investments.

 

Marketplace Tech for Monday, July 25, 2016

14 hours ago
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Marketplace

On today's show, we'll talk about a Yahoo-Verizon deal; interview author David Sheff about his book "Game Over: How Nintendo Conquered the World"; and speak to people who are still fond of VCRs.

The duct tape economy

15 hours ago
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Kim Adams, Andrea Seabrook and Katie Long

From the Democratic National Convention in Philadelphia, we hear from locals about what really matters to them in this election, and whether the convention is an opportunity or a waste of time.

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