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The Indicator from Planet Money

Apple, drugs, Grindr

The Indicator from Planet Money

NPR

Business

4.79.2K Ratings

🗓️ 8 September 2023

⏱️ 9 minutes

🧾️ Download transcript

Summary

Today on Indicators of the Week: government iPhone restrictions in China that walloped Apple's market value. Plus plans emerge over how the US government plans to negotiate drug prices. Also, a mass exodus of employees from a top dating app that sheds some light on where the whole working from home debate is.

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Transcript

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0:00.0

NPR.

0:12.0

This is the Indicator from Planet Money.

0:13.5

I'm Whalen Wong.

0:14.5

And I'm Darian Woods, and it is Indicator of the Week.

0:17.8

Yeah!

0:18.8

Indicator of the Week!

0:20.8

Yes it is!

0:22.8

And this week, we are joined by our Planet Money Calling Nick Fountain!

0:27.2

I promise not to yell the whole time!

0:29.5

I'm so excited!

0:31.1

I love this energy.

0:32.1

I love this energy.

0:33.1

Keep it up!

0:34.1

And today we're going to recap our favorite Indigators from a few of this week's Top Headlines.

0:39.0

We'll be talking about a government iPhone band in China, a high stakes negotiation, and

0:44.8

a mass exodus of employees from one of the top dating apps in the country.

0:49.4

We're going to cover all that after this break.

0:56.3

It's Indicators of the Week!

0:57.3

Darian, you're up first this week!

0:59.5

So my Indicator is $200 billion, and that's roughly how much of Apple's market value just

1:05.6

evaporated into thin air.

1:07.9

It happened after the Wall Street Journal reported that government employees in China were

...

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