This week on "Sunday Morning" (May 5): The Money Issue
Our annual special broadcast that looks into the many ways we earn, spend, invest, waste, lose, and go without money, featuring guest host Martha Teichner.
COVER STORY: Calling it quits: When leaving your job is the right thing to do | Watch Video
Many Americans with full-time jobs say they daydream about leaving those jobs far behind. But giving up an unsatisfying career (and the paycheck with it) is not just a fantasy, say those who have experienced the joy of quitting. Tony Dokoupil reports.
BOOK EXCERPT: Read a chapter from Seth Godin's "The Dip: A Little Book That Teaches You When to Quit (and When to Stick)"
For more info:
- sethgodin.com
- "The Dip: A Little Book That Teaches You When to Quit (and When to Stick)" by Seth Godin (Portfolio), in Hardcover, Trade Paperback, eBook and Audio formats, available via Amazon
- Bill Murphy Jr., Inc. Magazine
- Book Culture
- susanemmerson.com
- michellesingletary.com
- "The 21-Day Financial Fast: Your Path to Financial Peace and Freedom" by Michelle Singletary (Zondervan), in Trade Paperback and eBook formats, available via Amazon
CURRENCY: Sweden is going cashless | Watch Video
The Swedish band ABBA has been singing about "Money, Money, Money" for years. But if you try to buy a ticket to the pop group's museum exhibition in Stockholm with cash, you're out of luck; it's one of the increasing number of establishments that has stopped accepting cash. Mark Phillips looks at how Sweden is becoming a cashless society, where transactions are all done with smartphones and devices, and where last year only 13% of Swedes could remember using coins or bills for a recent purchase.
For more info:
- ABBA: The Museum, Stockholm
- abbasite.com
- Ikea
LOCATION! LOCATION! LOCATION!: Work remotely? Tulsa, Oklahoma wants you (and your laptop) to move | Watch Video
With countless people working remotely from their homes, does it really matter where they live? According to Tulsa, Oklahoma, no! The city of 400,000 that has plenty of hip coffee shops, bustling bars, and a thriving arts district also wants more telecommuters, and is willing to pay you $10,000 to relocate there. Conor Knighton talks with people who have picked up and moved to the Sooner State after signing up for the Tulsa Remote program.
For more info:
- Tulsa Remote
- George Kaiser Family Foundation, Tulsa, Okla.
COMMERCE: Many happy returns | Watch Video
Typically about 8% of items purchased at a store will be returned; for ecommerce sites, that can be 25% to 40%. And all the stuff that stores cannot easily resell will wind up in the secondary market, where one company's trash can become other people's treasure. Rita Braver visits liquidators who process and resell goods that are just as good as new, or even newer.
WEB EXTRA VIDEO: When customers return high-end fashions
Roughly a third of apparel purchases may end up as returns, and high-end stores may not be the final resting place for high-end fashions. In this web exclusive, correspondent Rita Braver talks with supply chain logistics expert Dale Rogers about what happens when customers bring stuff back.
For more info:
FOOD: A slice of the pizza business | Watch Video
For one week every year, the center of the known pizza universe isn't Naples, Italy, or New York (or even Chicago); it's Las Vegas, when the International Pizza Expo rolls into town, bringing with it thousands of professional pizza-makers, and those dreaming of getting into the business. Luke Burbank talks with aspiring pizzeria owners, and those who have pursued their dreams and are now rolling in dough.
For more info:
- International Pizza Expo, Las Vegas
- Pizza Head, St. Louis
- Anthony Falco, International Pizza Consultant
DERIVATIVES: CBD: On a real market high | Watch Video
Cannabidiol, a chemical compound extracted from hemp, is now at the center of a swiftly-growing industry which last year derived about $600 million in U.S. sales. Lee Cowan reports.
For more info:
- CBD Kratom, Chicago
- Yasmin Hurd, director, Addiction Institute at Icahn School of Medicine at Mount Sinai, New York City
- Green Roads
- Brightfield Group
TOURISM: Celebrity Edge, Celebrity Cruises' brand-new, billion-dollar cruise ship | Watch Video
Martha Teichner checks out how continuous innovations in ship design have made cruises a booming industry, and steps aboard Celebrity Cruises' latest ship, the Celebrity Edge, which redefines travel on the high seas.
For more info:
- Celebrity Edge (Celebrity Cruises)
SUNDAY PROFILE: Keeping up with Kris Jenner | Watch Video
You might say the Kardashians changed the way we look at money and fame. Now, meet the woman who literally gave birth to the most influential family of celebrities on the planet, as Tracy Smith sits down with Kris Jenner.
For more info:
- Follow @KrisJenner on Twitter and Instagram
- "Keeping Up with the Kardashians" (E!)
SAFE KEEPING: Safecracking: The right combination (Video)
Safecrackers have been around as long as safes have. And while safecracking in real life may not be as dramatic as it appears in the movies, for the pros an uncracked safe is a challenge to be savored. David Pogue talked to some experts on manipulating open safes for whatever possible treasures await inside.
For more info:
- Elaad Israeli, Precision Lock & Safe, Floral Park, N.Y.
- Roy Watters, Canonsburg, Pa.
MUSIC: Singing the praises of karaoke | Watch Video
Nancy Giles finds out that the inventor of karaoke is still singing a happy tune.
WEB EXTRA VIDEO: The bloodsport of singing karaoke
Joshua Baron, Seattle's "Karakoe Baron, explains to correspondent Nancy Giles why bar fights have broken out among karaoke enthusiasts eager to sing along to Journey's "Don't Stop Believing."
For more info:
- Karaoke World Championships
- Karaoke City & Sports Bar, New York City
- Improbable Research
- The Crocodile, Seattle
- Rock Box, Seattle
INDEX: Taxes
Among the corporations paying no income taxes last year: AMERICAN ELECTRIC POWER, DELTA AIR LINES, CHEVRON, GENERAL MOTORS, DEERE, AMAZON.COM, ELI LILLY, IBM, GOODYEAR TIRE & RUBBER, NETFLIX, GANNETT, MOLSON COORS, HALIBURTON, ARAMARK and PRUDENTIAL FINANCIAL. Full list at The Institute on Taxation and Economic Policy.
NATURE: Javelinas (Video)
"Sunday Morning" visits Big Bend National Park in Texas, home of some peccaries. Videographer: Carl Mrozek.
WEB EXCLUSIVES:
FROM THE ARCHIVES: A retirement home for horses (Video)
Correspondent Martha Teichner visited the Retirement Home for Horses at Mill Creek Farm, in Alachua, Fla., whose owners, Peter and Mary Gregory, provide a bucolic home for police and military horses that have finished their working careers, or elderly equines that have been abused, neglected or abandoned. And it's not just for horses: A veritable Noah's Ark of animals shares the grounds. Originally broadcast on "Sunday Morning" March 27, 1994.
FROM THE ARCHIVES: Rescuing horses for adoption (Video)
Many thoroughbreds may face an unsettling future once their racing days are over. Which is why Judy Parker started an adopt-a-horse program in Florida, rescuing and caring for former race horses until they could find new homes. Correspondent Bill Geist reports. Originally broadcast on "Sunday Morning" June 10, 1990.
FROM THE ARCHIVES: Ode to Secretariat (Video)
Charles Kuralt presents this remembrance of one of the truly great racehorses: Secretariat (1970-1989), whose monumental 31-length victory in the Belmont Stakes in 1973 was a run for the ages. We also hear from Penny Chenery Tweedy, Secretariat's owner; Heywood Hale Broun, who covered Secretariat's Triple Crown win; and Arthur Boyd Hancock III, the owner of Stone Farm, a 2,000 acre horse-breeding operation in Paris, Kentucky, who looks over the very last foal of Secretariat, Risen Starlet. Originally broadcast on "Sunday Morning" May 3, 1992.
NATURE UP CLOSE: A red fox family in Yellowstone
A pair of foxes and their kits provide photographers with a surprisingly up-close-and-personal view of fox life, and death.
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