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Corporate growing pains
Nov 9, 2022

Corporate growing pains

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Meta announced that it's slashing its workforce after overestimating its growth. Plus, critics blame Brexit for the U.K.'s recent turmoil.

Segments From this episode

Tech layoffs show why managing growth can be so tricky for companies

Nov 9, 2022
From Meta to Twitter to Twilio, companies are realizing they might have grown too quickly.
Justin Sullivan/Getty Images

Crypto exchange Binance walks away from FTX deal

Nov 9, 2022
Binance cited a due-diligence check, saying the issues at FTX were "beyond our control or ability to help."
When FTX hit a liquidity crunch, users pulled out money and crypto at once. And rival exchange Binance announced Wednesday that it wouldn't be bailing out FTX.
Olivier Douliery/AFP via Getty Images

Inflation hits health insurance premiums this open enrollment season

Nov 9, 2022
But ACA coverage is more affordable to many, thanks to extended government subsidies.
"It's a daunting process to have to go on to the marketplace," said Cynthia Cox at the Kaiser Family Foundation. But if you have ACA coverage, it may be worth your while.
Bongkarn Thanyakij/Getty Images

Is Brexit to blame for Britain's mess?

Nov 9, 2022
Some critics of the U.K.’s decision to leave the European Union say the country’s recent turmoil should drive it back into the bloc.
Anti-Brexit demonstrators march in London on Oct. 22.
Hollie Adams/Getty Images

Inflation drives up hay prices, forcing some horse owners to sell

Nov 9, 2022
Inflation is driving up the cost of things like fertilizer, which drives up the cost of growing hay and feeding horses.
Tom Johnston takes the tarp of his hay stack to prep it for customers. He sells his hay to customers across the country.
Caitlin Tan

How identity theft and fraud upended one woman's life

Nov 9, 2022
"I said, what can I do to stop this? And the customer service rep. goes, 'Well, if we could stop all instances of fraud, we would but we can't,'" says Jessica Roy, assistant editor of Utility Journalism at The Los Angeles Times.
The FTC has instructions on what to do if you've stopped receiving government benefits because of identity theft. Above, blank Social Security checks are run through a printer at the U.S. Treasury facility in Philadelphia.
William Thomas Cain/Getty Images

The team

Nancy Farghalli Executive Producer
Maria Hollenhorst Producer II
Andie Corban Producer I
Sarah Leeson Producer I
Sean McHenry Director & Associate Producer II
Richard Cunningham Associate Producer I
Dylan Miettinen Associate Digital Producer