Trama
The daily drama of money and work from the BBC.
Episodi
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The vaping scare and big tobacco
11/10/2019 Durata: 18minWhy health concerns over vaping is bad for cigarette companies. In the US hundreds of illnesses and even some deaths have been linked to vaping. That's bad news for a tobacco industry looking for a long-term replacement for cigarettes. Manuela Saragosa speaks to Gregory Conley, president of the American Vaping Association, Anna Gilmore, professor of public health at the University of Bath in the UK and a spokesperson for STOP - a global industry watchdog aimed at stopping tobacco organisations and products - and Richard Hill, head of vapour products at the tobacco company Imperial Brands.(Photo: A young woman vaping, Credit: Getty Images)
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Losing your mind at work
10/10/2019 Durata: 18minOn World Mental Health Day, we hear the experiences of people who've suffered a mental health breakdown at work, and ask what employers can do to support them. We hear from Ian Stuart, the UK CEO of the global bank HSBC, Paul Farmer from the mental health charity Mind, American comedian and mental health campaigner Ruby Wax, Dean Yates, the head of journalist mental health and wellbeing strategy at the news agency Reuters, Geoff McDonald, global advocate and campaigner of Minds at Work, and Dr Claire Douglas, head of occupational health and wellbeing at SCS Railways in the UK.Producer: Laurence Knight(Photo: Depiction of workplace stress, Credit: Getty Images)
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Why whistleblowers need protection
09/10/2019 Durata: 17minA new EU directive grants new legal rights to those reporting corporate and government misbehaviour.Ed Butler asks David Lewis, professor of employment law at Middlesex University, how significant the new legal framework is and why it was needed.Plus we replay an interview from 2016 in which lawyer Mychal Wilson retells his early experiences as a sales rep for a pharmaceutical company in Los Angeles, and why he blew the whistle on underhand practices. And practicing Louisiana doctor William LaCorte talks about his reputation as a serial whistleblower - making tens of millions of dollars from exposing the wrongdoing of big pharma and hospitals.(Picture: Whistle hanging in front of blue background; Credit: thomas-bethge/Getty Images)
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Choose your own pay
08/10/2019 Durata: 18minWhat happens when a company lets its employees decide what their salaries should be? Will anyone ask to be paid less?A number of tech companies are finding out, as they see it as a way of achieving greater fairness and transparency, as well as motivating staff to raise their effort to match their remuneration. Ed Butler speaks to Heather McGregor, executive dean of the Edinburgh Business School, and to David Burkus, the California-based author of a book about pay transparency, Under New Management.(Picture: Woman covering face with fan of dollar bills looking at camera on yellow background; Credit: SIphotography/Getty Images)
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The George Soros conspiracy
07/10/2019 Durata: 17minWhy one financier is the target of a global conspiracy theory. Manuela Saragosa speaks to the BBC's Mike Rudin, who made a recent documentary on the Soros conspiracy, and to Joe Uscinski, associate professor of political science at the University of Miami - and an expert in conspiracy theories. And the BBC's Dhruti Shah speaks to David Mikkelson, the founder of Snopes, the company trying to debunk fake news for the last 25 years. (Photo: Anti-Soros placards during a political demonstration is Macedonia in 2017, Credit: Getty Images)
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End of the road for US truckers?
04/10/2019 Durata: 17minTruck drivers and the robots that could replace them. Jahd Khalil visits a truck stop in the US state of Virginia to find out why there's a chronic shortage of truckers in the US. Robert Brown from the robotics company TuSimple and Greg Hastings, associate partner at McKinsey & Co, tell Manuela Saragosa why long-distance driving is exactly the kind of job suited to robots.(Photo: A truck stop on the US-Mexico border, Credit: Getty Images)
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The right to repair
03/10/2019 Durata: 18minWhy is it so hard to fix your own things? Ed Butler speaks to those campaigning for manufacturers to make it easier for us to fix our electronics goods - everything from tractors to smartphones. Clare Seek runs a Repair Café in Portsmouth, England, a specially designated venue for anyone who wants to get their stuff to last longer. And Ed travels to Agbogbloshie in Accra in Ghana, one of the places where our mountains of e-waste end up being pulled apart and melted down for scrap. The programme also features interviews with Gay Gordon-Byrne, executive director of The Repair Association; Kyle Wiens, founder of iFixit; intellectual property lawyer Jani Ihalainen; and Susanne Baker, head of environment and compliance at techUK.(Photo: Broken iPhones, Credit: Getty Images)
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The search for sustainable fabric
02/10/2019 Durata: 18minModern textiles are environmentally problematic. Cotton needs gallons of water to produce, while polyester comes from crude oil. So could organic materials such as mushrooms and banana leaves hold the answer?Manuela Saragosa speaks to Dr Richard Blackburn, chemistry professor at Leeds University, who has been studying the ecological impact of the garments industry for decades. Meanwhile the BBC's Elizabeth Hotson investigates innovative new fabrics preparing to hit the market, including MycoTEX, a material made from fungal mycelium, developed by Aniela Hoitink.(Picture: Branch of ripe cotton; Credit: Gargonia/Getty Images)
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The onward march of Chinese debt
01/10/2019 Durata: 18minIs the rapid build up of consumer and corporate credit a threat to China's economic wellbeing?On the 70th anniversary of the founding of the People's Republic, Ed Butler asks whether the increasing dependence on debt of this officially communist nation is becoming a problem.The programme includes interviews with Shanghai-based journalist Liyan Ma, Shaun Rein of business strategy consultants China Market Research Group, and economist Linda Yueh.(Picture: People's Liberation Army personnel participate in a military parade at Tiananmen Square in Beijing to mark the 70th anniversary of the founding of the Peoples Republic of China; Credit: Greg Baker/AFP/Getty Images)
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Brexit and the currency speculators
30/09/2019 Durata: 18minSome traders are betting on the UK crashing out of the EU without a divorce agreement. Should we be concerned that they wield too much political influence?Both the British Prime Minister's sister Rachel Johnson, and the former Conservative finance minister Philip Hammond, have publicly voiced concerns in recent day that Boris Johnson is backed by financiers speculating on a sharp fall in the pound following a possible no-deal Brexit on 31 October.Manuela Saragosa asks how credible are such claims? How are the markets positioned for Brexit? And is there any way of even knowing who is "shorting" the pound, ready to profit from an unexpected fall in its value?The programme includes interviews with David Riley, chief investment strategist at Bluebay Asset Management, and with Jane Foley, head of currency strategy at Rabobank. Plus the BBC's Edwin Lane learns how to play the foreign exchange markets from Piers Curran of Amplify Trading.Producer: Laurence Knight(Picture: A woman looks at a chart showing the drop in
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WeWork and the cult of the CEO
27/09/2019 Durata: 17minHow WeWork's Adam Neumann lost his job after a disastrous attempt to list the company on the stock market. Manuela Saragosa speaks to the Wall Street Journal's Eliot Brown about the charisma of Adam Neumann and how it helped raise billions from investors, and to Andre Spicer from the Cass Business School about the cult of the founder-CEO. Scott Galloway, professor of marketing at the New York University Stern School of Business, explains why WeWork's IPO failure should be a lesson to the markets.(Photo: Adam Neumann, Credit: Getty Images)
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Climate Action: Should we plant more trees?
26/09/2019 Durata: 18minEd Butler speaks to Professor Tom Crowther from the Swiss university ETH Zurich, who says planting billions of trees around the world is by far the biggest and cheapest way to tackle climate change. Marcelo Guimaraes, chairman of Mahogany Roraima, a commercial timber and reforestation plantation in the northern Amazon rainforest, discusses how that would work in practice. (Photo: A tree in a deforested area of the Amazon rainforest, Credit: Getty Images)
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Climate Action: The moral imperative
25/09/2019 Durata: 18minWhat is our ethical duty to eliminate carbon emissions? Was Swedish teen activist Greta Thunberg right to express such anger at the UN Climate Action Summit in New York this week?Justin Rowlatt asks leading moral philosopher Peter Singer, professor of bioethics at Princeton University, whether someone driving a petrol- fuelled car can really be held responsible for increasing the risk of drought in Africa. And why should we give up taking long-haul flights, if the tiny amount of carbon emissions that saves will make practically no difference in the grand scheme of things?Plus climatologist Emily Shuckburgh explains why she is not despondent about climate change - despite seeing the effects first-hand on polar research trips - and how a new institute she is heading at Cambridge University is generating a lot of excitement among academics.Producer: Laurence Knight(Picture: Dead cow in drought-struck Kenya; Credit: muendo/Getty Images)
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Climate Action: Uninhabitable Earth
24/09/2019 Durata: 18minJust how bad will it get if the world fails to get to grips with climate change?On day two of the UN Climate Action Summit in New York, Justin Rowlatt speaks to David Wallace-Wells, author of the apocalyptic book Uninhabitable Earth, which lays out the dire predictions of climatologists for the coming decades if humanity continues to put ever more carbon dioxide into the atmosphere unabated.Yet despite the potentially terrifying outlook, it remains very difficult to motivate politicians and the public to take meaningful action to cut emissions. Why is that, and how might that change? Kelly Fielding is a social psychologist at the University of Queensland in Australia, and has some of the answers.Producer: Laurence Knight(Picture: Dead bumblebee from the cover of Uninhabitable Earth by David Wallace-Wells; Credit: FXseydlbast/Getty Images)
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Climate Action: Greta Thunberg's mission
23/09/2019 Durata: 18minThe Swedish teenage activist Greta Thunberg explains how she aims to get the world's governments gathered for the UN Climate Action Summit in New York to take meaningful action on global warming.Justin Rowlatt speaks to her about her ambitions for her transatlantic trip, and whether one person can really make that much of a difference. In order for her mission to succeed, it will mean rebuilding the global economy from the ground up, including the phasing out of most of the oil and gas industry. John Hofmeister, the former president of Shell's US subsidiary, claims the big oil companies are ready and willing to do their part, if the politicians will only give them the green light.Producer: Laurence Knight(Picture: Greta Thunberg testifies at the US Congress in Washington DC; Credit: Alex Wong/Getty Images)
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The future of Facebook
20/09/2019 Durata: 17minWhat next for the social media giant? Jane Wakefield speaks to one former mentor of Mark Zuckerberg, and a British member of parliament about what changes Facebook needs to make after data scandals and concerns over its power.(Photo: Facebook logo, Credit: Getty Images)
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Robot race cars and AI
19/09/2019 Durata: 18minWhat robots driving cars can tell us about artificial intelligence. Ed Butler speaks to Bryn Balcombe, chief strategy officer of the autonomous vehicle project Roborace. Gary Marcus, professor of psychology at New York University, explains why he thinks AI development is fundamentally limited. Yoshua Bengio, professor of computer science at the University of Montreal in Canada, gives a defence.Producer: Laurence Knight(Photo: A Roborace robot-driven car in action on the track, Credit: Getty Images)
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Trading tinned fish and powdered milk
18/09/2019 Durata: 18minHow economies spring up in extreme places from refugee camps to prisons. Ed Butler speaks to economist Richard Davies, author of a new book called Extreme Economies, who describes the economic activity in extreme places, from a Syrian refugee camp in Jordan to one of the toughest prisons in the world, in the United States. Former US prisoner Lester Young fill us in on how to trade behind bars.(Photo: A prison in Louisiana State Penitentiary, Credit: Getty Images)
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Whom should the corporation serve?
17/09/2019 Durata: 18minShould shareholders come first? Or should companies also serve their employees, customers, and society in general?Ed Butler explores the growing backlash against "shareholder primacy" - the idea espoused in the 1970s by economist Milton Friedman that businesses should only care about maximising the bottom line for the benefit of their investors, and that other stakeholders' interests should not be their prerogative.He speaks to Lenore Palladino, economics professor at the University of Massachusetts Amherst, who has a list of changes she wants to see in the way that American companies are governed, plus Ken Bertsch of the Council of Institutional Investors, who says that the real problem is not the role of investors like the ones he represents, but too much focus on short-termism.Meanwhile Chris Turner thinks he has the solution - he works for the non-profit organisation B Lab, which provides an objective assessment to hundreds of corporations of whether they are having a positive impact on society.(Picture:
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Africa's mobile credit revolution
16/09/2019 Durata: 18minWill the roll out of online lending stimulate economic boom or just a credit binge in Africa?Ed Butler speaks to many of the businesspeople providing the continent with much needed banking services via mobile phones. They are optimistic that financial inclusion for small businesses, farmers and rural consumers could stimulate much faster economic growth. But is there a dark side to the sudden availability of east loans?The programme includes interviews with Matthew Davie, chief strategy officer at the US micro-lending fin-tech Kiva; Omotade Odunowo, chief executive of the Nigerian digital wallet service Fets; Joshua Oigara, chief executive of Kenya's biggest commercial bank KCB; and Kevin Njiraini, regional director for southern Africa and Nigeria at the International Finance Corporation.(Picture: Young African woman using a mobile phone; Credit: wilpunt/Getty Images)