KPBS reporter Susan Murphy and SDSU marketing lecturer Miro Copic discuss some of the week’s top business stories.
This week’s topics:
SeaWorld hires a new CEO
SeaWorld looked outside of the company for its new boss in hiring Gustavo Antorcha, a top executive for Carnival Cruise Lines. Antorcha will lead the company during a period of transition as it moves away from a business focused on live animal performances. SeaWorld has recently seen an increase in revenue after a downturn related to the Blackfish documentary.
GM CEO says company will go all-electric
General Motors plans to use electric vehicle technology in all of its models in the coming years. The announcement was made by the company's CEO in a talk with investors. GM's move is part of a trend in the auto industry, which is trying to reduce emissions and compete with emerging brands like Tesla.
RELATED: California Mandates 100-Percent Zero-Emission Bus Fleet
Trump administration reverses payday loan rules
In 2017, the Consumer Financial Protection Bureau, under the guidance of the Obama administration, imposed tougher rules on short-term lenders. This week, the Trump administration reversed the regulations in what's viewed as a win for payday loan companies.
