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The Indicator from Planet Money

Offloading EVs, vacating offices and reaping windfalls

The Indicator from Planet Money

NPR

Business

4.79.5K Ratings

🗓️ 12 January 2024

⏱️ 11 minutes

🧾️ Download transcript

Summary

It's Indicators of the Week, that time each Friday when we look at three of the most fascinating numbers from the news. Today we explain why Hertz is trying to sell off part of its EV inventory, why office vacancy rates are still climbing and what Apple's class-action payout yielded one of our hosts.

Related Episodes:
What could break next? (Apple / Spotify)
How the South is trying to win the EV race (Apple / Spotify)

For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org.

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Transcript

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0:00.0

NPR. This is the indicator from Planet Money, I'm Waylon Wong.

0:14.7

And I'm Darren Woods.

0:15.9

And we are here with Planet Money's Greg Rizowski.

0:19.1

Welcome, Greg.

0:19.8

Such a pleasure to be here, guys.

0:21.6

The pleasure is all the house, and you are here. No, it's mine, Darren. It's a pleasure to be here guys. The pleasure is all ours and you are

0:22.8

No, it's mine. You guys stop fighting the three of us have joined here today to talk about the indicators of the week

0:31.3

This is three of the most fascinating numbers that have come up in the news.

0:38.6

And we are kicking off our first indicators of 2024 with a bang.

0:44.2

Today we're going to talk about a massive electric vehicle

0:47.1

sell-off, record office vacancies, and Darien

0:51.8

starts off the year with a massive windfall.

0:54.8

That's right.

0:58.8

This message comes from NPR sponsor SAP Concur.

1:05.0

Stuart McClain, CFO of Brother UK, shares how SAP Concurs Audit and Expense Tool supports their work across multiple offices.

1:14.4

Across Europe, we have a presence in 17 countries,

1:17.6

which obviously involves 17 different tax regulations,

1:20.7

17 different fiscal authorities. You know, and this makes life complicated for us.

1:26.6

But actually with SAP concur, we're able to configure the system correctly for each of those countries.

1:32.2

We're able to configure the audit rules correctly for each of those countries. We're able to configure the audit rules correctly for each of those countries.

1:36.0

So actually it gives us a lot of efficiency and good governance as well.

1:40.0

So actually for us a solution like SAP concur makes life so much easier.

...

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