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Marketplace for Monday October 20, 2014
Oct 20, 2014

Marketplace for Monday October 20, 2014

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IBM is paying someone $1.5 billion to buy its chipmaker division. Sometimes it’s more cost effective to pay someone to take a division off your hands than to wind it down yourself. Plus, The drop in oil prices looks like a sustained drop - which amounts to a 20 percent discount on one of the global economy’s chief drivers. This is a dramatic economic development with many potential consequences. 

 

Segments From this episode

The roar of your car's engine might be fake

Oct 14, 2014
Some cars play engine noise through speakers to give drivers that familiar VROOM.

Some consultants see a payday in super PACs

Oct 20, 2014
Consultants create super PACs to raise money and use that money to pay themselves.

Why IBM is paying $1.5 billion to lose a business

Oct 20, 2014
By paying to split off its chipmaking arm, IBM may actually be getting a deal.

Volatility in context

Oct 20, 2014
So there has been all kinds of volatility on Wall Street lately — triple digit ups and downs. Well, consider this: 27 years ago yesterday, October 19, 1987, was ‘Black Monday.’ The Dow was off 22 percent that day which came out to 508 points. The next day, known as ‘Terrible Tuesday,’ nearly caused the New York Stock Exchange […]

When the economy gets a 20 percent discount

Oct 20, 2014
The dip in oil prices is looking like a sustained drop. What are the consequences?

IBM is paying someone $1.5 billion to buy its chipmaker division. Sometimes it’s more cost effective to pay someone to take a division off your hands than to wind it down yourself. Plus, The drop in oil prices looks like a sustained drop – which amounts to a 20 percent discount on one of the global economy’s chief drivers. This is a dramatic economic development with many potential consequences. 

 

Music from the episode

Kenya Dig It? The Ruby Suns
Kenya Dig It? The Ruby Suns