Marketplace Morning Report for Tuesday, June 26, 2012

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Episode Description 
This Saturday federal highway funding expires and lawmakers must decide on a new plan. If no deal is reached, local construction projects may suffer, and jobs could be lost. College football fans and the NCAA are on the cusp of getting what they want: a four-team playoff. When the Supreme Court makes its decision on the Affordable Care Act -- expected to come down this Thursday -- advocacy groups will be trying to maximize their national exposure as a way to boost their brands.
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Microsoft bets $1.2 billion on social networking for behind the firewall

Microsoft picks up Yammer to add business-friendly social networking software to its Office productivity software
Posted In: Microsoft, Yammer, social networking
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Cyprus is the latest EU nation to seek a bailout

The tiny Mediterranean island nation says it needs $10 billion to avoid default just as Spain makes a formal request for a bank bailout
Posted In: spain, cyprus
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Dismal forecast: The weather as an economic indicator

Farmers are suffering from unseasonably warm and dry weather this season, contributing to higher grain prices for farmers and soon higher food prices for consumers
Posted In: grain, weather, farming, food prices
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Report: News Corp. considers company split

The Wall Street Journal reports that News Corp will divide into an entertainment company and a media company
Posted In: News Corp., Rupert Murdoch, media
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Japan wants to double national sales tax to fix deficit

A government plan would increase the nation's sales tax from 5 percent to 10 percent. Critics say this would affect consumer spending.
Posted In: sales tax, Japan
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The U.S. is not number one, according to data

The Organization for Economic Cooperation and Development says the U.S. is trailing in education and that our companies are no longer more innovative than other countries
Posted In: Organization for Economic Cooperation and Development (OECD)
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Podcast: Euro bailouts, News Corp. rumors, and 'no new taxes'

It's the anniversary of George H.W. Bush famous tax quote. The tiny island of Cyprus is the latest eurozone nation seeking a bailout. And News Corps is on the splits, according to The Wall Street Journal. All that and more in today's Mid-Day Update Podcast.
Posted In: podcast
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Is News Corp. about to become News Corps?

The Wall Street Journal's John Jannarone explains how News Corp. would split its entertainment and publishing businesses in two.
Posted In: News Corp., media, Rupert Murdoch
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Read my lips: A history of anti-tax pledges

22 years after he was forced to retreat from his famous tax promise, George H.W. Bush's anti-tax movement continues.
Posted In: Taxes, George H.W. Bush
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Playoffs could be cash haul for college football

College football fans are on the cusp of getting what they want. A four-team playoff is also attractive to the NCAA's bottom line.
Posted In: NCAA, college sports
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Groups mobilize for health care decision

When the Supreme Court makes its decision on the Affordable Care Act, advocacy groups will be trying to maximize their national exposure as a way to boost their brands.
Posted In: Affordable Care Act, Supreme Court
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A Mexican town tries out its own currency

The town of Espinal in Southwest Mexico uses its own currency, the tumin, as well as the peso. Some say this boosts the local economy.
Posted In: Mexico, currency
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Congress pressed to pass transportation bill

Lawmakers must fund new federal highway construction before the current legislation expires on Saturday. If they don't, local construction projects may suffer, and jobs could be lost.
Posted In: Transportation, construction, infrastructure
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Cyprus requests eurozone bailout

The tiny Mediterranean island nation of Cyprus is formally asking for a bailout from Europe. The country says it needs more than $10 billion from its eurozone partners to avoid default.
Posted In: cyprus, Greece, Europe debt crisis, bailout
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How U.S. immigration law compares to other countries

The U.S. Supreme Court struck down much of Arizona's undocumented immigration law, but it upheld the so-called 'show me your papers' provision. How does the rest of the world handle immigration?
Posted In: Immigration law, Supreme Court, arizona

Music from this show

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Aguilas & Cobras
Honey Child
Johnny Williams
Finer 12" Single
This Is Happening
LCD Soundsystem
In Heat (Javelin Rmx)
Health

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