Business/Economy | KERA News

Business/Economy

Tech Intervention: driverless chairs

8 hours ago
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Molly Wood

It's time for another ... Tech Intervention. 

Nissan this week unveiled some new self-driving tech that, we believe, does not need to exist.  It's a fleet of self-driving chairs.  The chairs are meant to move people along in a line. Each one senses the chair in front of it, and then scoots you along so you don't have to stand while you're queued up for your cronut.  

The chairs are only going to be released in certain restaurants in Japan in December of this year. But I think we can all agree that this is a microchip too far. 

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Lane Wallace

Wells Fargo’s board of directors is asking for its money back following the false account scandal at the bank.

Food prices are insanely cheap right now

10 hours ago
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Adam Allington

You may have noticed you're spending a lot less on eggs, milk and meat these days.

Across the country, grocery prices are falling, and are on track for the longest stretch of falling food prices in more than 50 years.

The bargains may be great for shoppers, but are causing increasing pain for producers further upstream.

Whole Foods opens a store in Chicago 'food desert'

11 hours ago
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Natalie Moore

Whole Foods employees are putting the finishing touches on the new South Side Englewood store in Chicago. Shelves are going in. The marquee sign is getting a touch up. This low-income black neighborhood grapples with numerous issues – foreclosures, unemployment and violence.

It’s also a food desert, an area where there’s more fast food than healthy food. More junk food corner stores than grocers. In short, not exactly Whole Foods’ sweet spot demographic.

Racial bias in preschool

12 hours ago
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D Gorenstein

The effects of racial bias likely start from the moment a kid gets to preschool, according to new data released by the Yale Child Study Center.

Researchers tracked the eye movements of classroom teachers to see which students they watched most closely. They used that data and more to reach the conclusion that there is a lot of implicit bias in preschool teaching.

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Marketplace

On today's show, we'll talk about plans from Wells Fargo's CEO to forfeit $41 million worth of shares; implicit bias against black children in preschool classrooms; and misconceptions about the state of manufacturing in the U.S. 

Marketplace Tech for Wednesday, September 28, 2016

13 hours ago
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Marketplace

On today's show, we'll talk about Elon Musk's plans to move us to Mars; disapproval from German regulators' over Facebook's decision to harvest data on WhatsApp users; and Nissan's new fleet of self-driving...chairs. 

How one business brought back manufacturing jobs

14 hours ago
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Sabri Ben-Achour

If you want to find out how to bring manufacturing jobs back from Asia, one route might be to start with someone who’s done it. Matt Turpin is CEO of Zentech, an electronics manufacturer in Baltimore, Maryland. His company manufactures goods or components for other companies.

“We’ve brought back probably four projects in the past two years,” he said. There are “probably 30 people associated with those projects.”

Ticker, ticker, on the wall....

Sep 27, 2016
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Sabri Ben-Achour

Markets had their own opinions about the first presidential debate of 2016. 

The Mexican peso was up 2.1 percent, reflecting a belief that Hillary Clinton had prevailed. 

Financial markets chimed in as well.

“Equity markets rose in price after the debates,” said S&P Global Market Intelligence’s Sam Stovall. Pundits, he said, have taken this to mean that “the market viewed the outcome to be favorable to the Clinton camp.”

Millenials like city homes but not the high prices

Sep 27, 2016
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Mark Garrison

There’s a widely held belief that millennials strongly prefer living in cities over the suburbs. Companies like GE and McDonald’s say they are shifting headquarters from suburban campuses to cities in large part to be more attractive to younger workers.

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