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Episode details

World Service,11 Oct 2016,49 mins

Economics in the Second US Presidential Debate

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We assess how markets and businesses are reacting to the second US presidential debate between Hillary Clinton and Donald Trump. Samsung is stopping production, sale and exchanges of its latest smartphone as the saga of the exploding batteries causes serious damage to its reputation. Is the company is agile enough to respond to this "corporate disaster"? The iconic yellow hard hat for builders is being replaced by a rainbow of alternative colours - we speak to construction site workers to find out if it matters, and why the changes are happening. Finally, is it too late now to say sorry? Probably - if you are a chief executive of a company in the aftermath of wrongdoing. We look at the history of CEO apologies. Our guests today are Peter Morici, professor of international business at the University of Maryland in Washington, and Madhavan Narayanan, an independent columnist and former senior editor at the Hindustan Times who is in Delhi. (Photo: Donald Trump (L) and Hillary Clinton (R) shake hands. Credit: Getty Images)

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