Marketplace Morning Report for Tuesday, June 19, 2012

Segments From This Episode

• Google releases latest Transparency Report

  by Jeff Horwich and Jeremy Hobson

  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

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

  by Mary Dooe

  

  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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• Anadarko trial spotlights Oklahoma City oil dynasty

  by Scott Tong

  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

  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

  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

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

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• Microsoft unveils new Surface tablet

  by Marketplace Contributor

  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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• Spain in trouble as borrowing costs rise over 7%

  by Jeff Horwich

  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

  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

  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

  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.

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