Marketplace Morning Report for Tuesday, July 5, 2011

Segments From This Episode

• Carmageddon in L.A.!

  by Jennifer Collins

  405 freeway shut down expected to snarl roadways and business in the L.A. metro area.

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• Solar power tax breaks set to expire

  by Eve Troeh

  As Congress tightens up the federal budget, some federal subsidies for solar power are likely to disappear. That would hamper exponential growth in the industry.

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• Verizon to unveil capped mobile data plans

  by Steve Henn

  The company is getting its heaviest data users to help pay the bills. Soon, though, capped plans could apply to everyone.

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• Tour buses work to protect China’s national parks

  by Rob Schmitz

  As China prospers, more and more people get to visit the country's national parks. Tour buses may be a factor in protecting the environment.

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• Carmakers, White House haggle over tailpipe emission standards

  by Marketplace Staff

  Newly proposed regulations could require American cars and trucks to reach 56.2 miles per gallon by 2025

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• Airlines take on EU over carbon emissions

  United and American airlines challenge a plan that would limit the amount of carbon planes can emit on flights to and from Europe

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• Rare earth minerals may not be so rare

  by Phil Mercer

  Researchers from Japan uncover vast underwater deposits of the key materials used to make gadgets from smart phones to laptops, threatening China's dominance as a supplier

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• British journalists, officials denounce phone hacking by tabloid

  by Marketplace Staff

  Britain's News of the World tabloid comes under intense pressure after it hacked into the phone messages of a missing girl interfering with a police investigation

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• Markets unrattled by debt ceiling debate in Congress

  by Marketplace Staff

  But if negotiations fall apart, investors will sell off treasuries, scoop up credit default swaps, and bank stocks will take a beating

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• Crews rush to clean up Exxon pipeline spill on Yellowstone River

  by Marketplace Staff

  Montana's tourism business, and drinking water in cities downstream, are on the line as crews race to clean up oil spill along the Yellowstone River

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