Kimberly-Clark’s stock closed down 14% yesterday after it gambled nearly $50 billion on a company called Kenvue, maker of Listerine, Band-Aids, and Tylenol — the painkiller HHS Secretary Robert F. Kennedy wants to link to autism, despite a lack of scientific evidence. People are now suing Kenvue, a potential liability that will become Kimberly-Clark's problem. We unpack. Also: potential changes to public service loan forgiveness and a speech by Federal Reserve Governor Lisa Cook.
Marketplace All-in-One - How shifting tariff policy hits one Pennsylvania business
Oral arguments over the Trump administration's "reciprocal tariffs" are set for tomorrow, in a test over limits to a president's power to act without Congress. Whichever way the high court decides, however, the co-founder of True Places, a Pennsylvania-based folding camp chair company, thinks that likely won't be the end of the tariff rollercoaster. Plus, Norway's massive sovereign wealth fund has voted against Elon Musk’s pay package from Tesla. Why?
Marketplace All-in-One - Starbucks stirs things up in China
From the BBC World Service: Starbucks is selling the majority stake of its business in China to investment firm Boyu Capital as part of a $4 billion deal. The global coffee brand hopes the funds will help kick-start growth in the face of growing local competition. Then, it's a big week for Tesla, as vote results are expected on Elon Musk's proposed $1 trillion pay package. But Norway's sovereign public wealth fund, a major investor, stated it's opposing the deal.
Marketplace All-in-One - Why do we have $2 bills if nobody uses them?
It’s Skimbleshanks’ birthday bash and Bridget and Ryan head to the two-dollar general store for party supplies. When they get back, they tackle Harper’s question about why $2 bills exist if nobody uses them. With a little help from two ghostly guests from history they discover why this rare bill still matters.
If your family is interested in learning even more about today’s question, check out our website. We’ve got conversation starters and a tip sheet!
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Marketplace All-in-One - Sora 2’s disinformation problem
OpenAI’s latest AI video generator Sora 2 has gotten a lot of attention for its realistic creations. The tool is supposed to have guardrails to prevent creating videos based on misinformation.
But new analysis from watchdog group Newsguard found that, when prompted, Sora 2 often generated videos based on lies, such as false claims having to do with election fraud in a foreign country or that a toddler was detained by immigration agents.
Marketplace’s Nova Safo spoke with Sofia Rubinson, senior editor at Newsguard, to learn more.
Marketplace All-in-One - How long until SNAP reaches kitchen tables?
The Trump administration has been court ordered to partially fund this month’s SNAP benefits, after refusing to step in during the shutdown. Emergency USDA funds will cover about half of the $8 billion spent each month on the food assistance program. But it’s unclear how long households could wait for the partial benefits to kick in. Also in this episode: The manufacturing sector appears to be “meh,” OPEC ups production despite global oil glut, and the U.S. races to catch up on rare earth elements.
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Marketplace All-in-One - Are Trump’s “reciprocal” tariffs legal or not?
That's the question before the Supreme Court this week. President Donald Trump has been declaring an emergency and then using emergency authority to impose many of these tariffs. Treasury Secretary Scott Bessent is among those who've said they expect to prevail in the high court, but if they don't, there are other ways to apply taxes on goods from other countries. Also: BP shale asset sales and a dark side of the drug rehab industry.
Marketplace All-in-One - What hunger looks like in one state as SNAP starts to dry up
This past weekend, as the shutdown stretches on, funds for SNAP benefits began to dry up. The Treasury Secretary says payments could restart this week, and a federal court said the Trump administration must tap into emergency funds to get this done. Today, we'll check in with the Arkansas Hunger Relief Alliance for a snapshot of food insecurity there. Plus, Trump says he wants to fix Obamacare, and U.S. auto production could be hampered by a looming chip shortage.
Marketplace All-in-One - Stocks rise on heels of U.S.-China trade deal
From the BBC World Service: Markets in Asia rose in reaction to the outcome of the APEC meetings in South Korea as the U.S. and China stepped back from the brink of a full-fledged trade war. Plus, reports suggest India is looking for new sources to replace the oil it currently buys from Russia. And, we look at Cameroon's mining industry, which is often done by small-scale miners working in risky environments with basic tools.
Marketplace All-in-One - Sam Bankman-Fried returns to court to challenge fraud verdict
Sam Bankman-Fried, founder and former CEO of cryptocurrency exchange FTX, is serving 25 years in federal prison for fraud. His company collapsed and went bankrupt in 2022. Investigators found that billions of dollars in customer funds had been borrowed without permission to help shore up Bankman-Fried’s other firm, Alameda Research.
But throughout the last three years, Bankman-Fried has maintained his innocence, and he's filed an appeal. A hearing is scheduled for Nov. 4.
Marketplace’s Nova Safo spoke with Jonathan Jones, a reporter and producer for the investigative podcast “Reveal,” who spent hours talking to the former CEO, FTX insiders and customers.