Jun 19, 2012

Marketplace Morning Report for Tuesday, June 19, 2012

Microsoft has unveiled its new tablet, called Surface. But will it be enough to compete with Apple and other tech giants? In a New York courtroom today, a famous Oklahoma City company called Kerr-McGee is being sued for $25 billion for environmental pollution. And speaking of the environment, tomorrow in Rio de Janeiro, the United Nations is holding a big conference on sustainable development.

Segments From this episode

Google releases latest Transparency Report

by Jeff Horwich and Jeremy Hobson

Jun 19, 2012

Google has released its latest report on what kinds of requests government agencies from around the world put in to remove certain content.

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The private sector's role in fighting climate change

by Jeremy Hobson

Jun 19, 2012

Yvo deBoer, co-writer of the original Kyoto Protocol, talks about the Rio+20 Earth Summit, how climate change is being perceived in the global community, and names a surprising country that's making the best sustainable efforts right now.

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Mid-day Update

PODCAST: G20 meets in Mexico, Google gives transparency to the world

by Mary Dooe

Jun 19, 2012

Heads of the G20 leading economies take their positions after arriving for the family photo of the G20 summit, at the convention center in Los Cabos, Mexico, on June 18, 2012.

JEWEL SAMAD/AFP/GettyImages

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Anadarko trial spotlights Oklahoma City oil dynasty

by Scott Tong

Jun 19, 2012

Kerr-McGee, a subsidiary of the giant oil and gas company Anadarko, is being sued for $25 billion in New York City. The company's long history and pedigree resemble a script from the old and recently resurrected TV series "Dallas."

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A mixed picture in housing

by Marketplace Contributor

Jun 19, 2012

The latest news in the housing market: New home construction fell last month, but building permits were up to their highest level since 2008.

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Housing market improving, slightly

by Jeff Tyler

Jun 19, 2012

Home sales are increasing in some parts of the country, but the housing market is still below normal.

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Walgreens to buy major stake in drugstore chain Boots

by Stephen Beard

Jun 19, 2012

The merger would result in the first truly global pharmacy drugstore business with 11,000 stores in 12 countries.

Microsoft unveils new Surface tablet

by Marketplace Contributor

Jun 19, 2012

There's a new tablet in town. It's called the Surface, and it's Microsoft's answer to the iPad. But will the new product, complete with a keyboard and running Windows, be able to compete in the tablet market?

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European Debt Crisis

Spain in trouble as borrowing costs rise over 7%

by Jeff Horwich

Jun 19, 2012

If yesterday was all about Greece, today belongs to Spain. Concern about Spanish banks has pushed the government's borrowing costs over 7 percent. That's a level that pushed other smaller European countries -- like Greece -- over the edge.

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Microsoft announces Surface tablet with few details

by John Moe

Jun 19, 2012

Microsoft's new tablet computer, the Surface, looks kind of like an iPad, but it runs Windows and has a keyboard. It was unveiled yesterday at a very Apple-esque event.

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British beach shack sells for $270,000

by Stephen Beard

Jun 19, 2012

This might be a hard story for you to hear if your house has lost value in the last few years. But there are some places where the housing market is still pretty overheated -- like a small corner of England, where a tiny beach shack just sold for $270,000.

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Volkswagen sets out to double U.S. sales

by Jeff Horwich

Jun 19, 2012

Volkswagen wants to sell 800,000 cars and trucks a year in the U.S. by 2018. That's an ambitious goal: it's more than twice what German automaker sells here today.