06/19/12

Marketplace Morning Report for Tuesday, June 19, 2012

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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.

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06-19-12 The Day Ahead

06-19-12 Global Perspective

06-19-12 The Big Picture

06-19-12 First Numbers

06-19-12 Morning Open

06-19-12 U.S. Perspective

06-19-12 The Roundup

Anadarko trial spotlights Oklahoma City oil dynasty

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."

Posted In: Oil, Kerr-McGee, Chesapeake Energy

Housing market improving, slightly

Jeff Tyler

Jun 19, 2012

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

Posted In: Housing

The private sector's role in fighting climate change

Interview 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.

Posted In: climate change

Microsoft unveils new Surface tablet

Heidi N. Moore

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?

Posted In: Microsoft, tablet, Surface

Spain in trouble as borrowing costs rise over 7%

Interview 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.

Posted In: spain, banking, bankia, bailout

Volkswagen sets out to double U.S. sales

Interview 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.

Posted In: Volkswagen, cars, ceo

British beach shack sells for $270,000

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.

Posted In: Housing, Beaches, Britain

Microsoft announces Surface tablet with few details

Interview with

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.

Posted In: windows, tablet, Surface, Microsoft