Marketplace reporter

Will Costco lose its valuable members to Amazon Prime? — Grocery retailers are dealing with big price declines in products like eggs, meat and dairy. Lower prices can mean lower sales. Costco, which sells a lot of groceries, isn't immune. But it's got a not-so-secret weapon: its membership fee, which starts at $55 a year.

Non-GMO soybeans are a lot of work — In the late 90s, many farmers went all in on biotech crops, whose genetics have been tweaked to do things like repel insects or resist herbicides. Today, about 90 percent of the corn and soybeans grown in the U.S. are genetically modified.

Regulators release guidance for driverless technology — As driverless cars go from sci-fi to reality, Americans are watching the birth of a revolutionary new industry - and the government wants to play more of a role in shaping it. The Obama Administration has released guidelines to get makers of self-driving cars to share more information about their safety systems proactively, instead of having them hash everything out on their own.

ITT closes its doors — ITT Educational Services is ceasing operations Friday, leaving more than 8,000 employees out of work. The for-profit education firm is shuttering more than 130 campuses nationwide after the Department of Education cut off access to federal financial aid for new students. For-profit colleges have been floundering as regulators scrutinize their recruiting tactics, costs and job placement rates.

The latest bumper crop in agriculture: mergers — Bayer AG and Monsanto are the latest agribusiness giants hoping that a merger will help them better weather a downturn in the agricultural economy. Monsanto is the world's largest supplier of genetically modified seeds and the maker of the weed killer Round-up. Bayer is better known for its pharmaceuticals.

Napa Valley insists: It's in California, not Texas — About 18 months ago, Rex Stults at Napa Valley Vintners learned something he found worrisome. "It was brought to our attention that a winemaker, far from the state of California, somewhere in the South, was importing grapes from here and putting Napa Valley on the label of those wines," said Stults, the trade group's government affairs director.

Just how healthy is the auto loan industry? — The total outstanding debt for new and used auto loans, as well as leases, climbed to a record high of $1.027 trillion in the second quarter, the credit bureau Experian said. The share of subprime and deep subprime loans, aimed at borrowers with poor credit, increased within that broad pool of outstanding debt.

Eggs are so cheap, the U.S. is stepping in to buy some — Poultry producers were hit hard by the avian flu last year. It cost them about 40 million birds. At the time, egg prices shot up. That pushed demand down. Urner Barry egg market analyst Brian Moscogiuri said flocks then rebounded faster than expected. But demand didn't. Exports are still down.

American Girl heads to Toys R Us — Toymaker Mattel is taking some of its pricey American Girl dolls down market, opening boutiques in about 100 Toys R Us locations. It's the first time the dolls will be available at a brick-and-mortar retail location other than American Girl's 20 proprietary stores.

Wal-Mart tries to compete in changing retail world — Wal-Mart announces second-quarter results Thursday. In its last earnings report, the discount retailing giant had turned in higher-than-expected sales at stores open more than a year, a key retailing metric. But Wal-Mart has been struggling to bolster its online sales, and its planned acquisition of the fast-growing e-commerce company will take a while to bear fruit.
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Sep 15, 2016

RT @FERNnews: RT @chuckabbott1: DuPont, Dow, Bayer, Monsanto, Syngenta to testify at Senate hearing on ag consolidation  @FERNnews

Sep 13, 2016

Plz help out my fellow @Marketplace reporter if interest rates are on your mind with homebuying. 

Sep 12, 2016

If the grapes are from Napa Valley, should a winery in another state be able to put that place name on the bottle? 

Sep 07, 2016

ISO someone who's recently taken out a car loan for @Marketplace story. Must talk ASAP and by about 2 ET latest.

Aug 31, 2016

Got any interesting research or corporate news that might make an interesting @Marketplace story before the long holiday weekend? Holler!

Aug 16, 2016

K thx! That the best way to reach u or is there a cell I should try?

Aug 16, 2016

@StaceyRetail Hoping to interview you for tight-deadline story for @Marketplace. Plz ping your # to

Aug 16, 2016

@MunkinArts Yikes, that's bad news. Thanks for sending!

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