The Black businesses behind some of baseball’s best players

Marketplace All-in-One

Marketplace

News, Business

4.5 • 1.4K Ratings

🗓️ 17 April 2024

⏱️ 7 minutes

🔗️ Recording | iTunes | RSS

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Summary

For this month’s Econ Extra Credit, we’re watching “The League,” which chronicles the history of baseball’s Negro Leagues, established several decades before the sport was integrated. The Leagues gave rise to many Black businesses and entrepreneurs. Today, we have a conversation with Larry Lester, co-founder of the Negro Leagues Baseball Museum in Kansas City, Missouri. Also on the program: Aircraft-maker Boeing faces scrutiny over safety practices during two Senate hearings.

Transcript

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0:00.0	The successful black businesses that nurtured some of baseball's greatest players.
0:07.0	I'm David Brancaccio in New York.
0:09.0	We're leading with aircraft maker Boeing facing scrutiny at two Senate hearings today.
0:14.4	These come following whistleblowers at Boeing reporting concerns about safety practices
0:19.1	allegedly leading to airplane defects and a report from an FAA panel.
0:23.7	Marketplace's Nancy Marshall Genser has this preview.
0:27.2	The Senate Commerce Committee holds the first hearing today.
0:30.3	It's on the recommendations of a panel of experts appointed by the FAA to look into Boeing safety issues.
0:36.2	The panel issued a report which found a disconnect between Boeing management and workers on safety.
0:42.2	It said it's concerned that quote safety related
0:45.2	messages or behaviors are not being implemented across the entire Boeing
0:49.4	population. Boeing says it's taking steps to foster a safety culture that empowers employees.
0:55.6	A Boeing engineer will have a lot to say at the second hearing today, before the Senate
1:00.0	permanent subcommittee on investigations, Sam Solopor says sections of Boeing's 787
1:06.1	Dreamliner aren't fastened together correctly and could eventually break apart.
1:10.8	Boeing told the Associated Press it hasn't found any cracks or fatigue that would indicate
1:15.7	a problem.
1:16.7	I'm Nancy Marshall Genser for Marketplace.
1:20.6	President Biden will push for a tripling of tariffs on steel and aluminum coming from China.
1:26.0	Biden is meeting with Union steel workers in Pittsburgh today.
1:29.0	The administration sees China trying to work its way out of economic doldrums by unfairly boosting cheap exports
1:36.3	The US doesn't import all that much Chinese steel about six-tenths of one percent of what we use
	...

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