Dec 20, 2011

Marketplace Morning Report for Tuesday, December 20, 2011

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AT&T backs out of its plan to take over its rival T-Mobile. In Foxboro, Mass. controversy is brewing over a plan to build a casino. The movie box office is suffering this year, and Chinese airports are getting an upgrade.

Segments From this episode

Cornell will build NYC applied science campus

Dec 20, 2011
The Roosevelt Island engineering school could bring billions to New York City.
Cornell University will build a tech and engineering campus on New York City’s Roosevelt Island.
SAUL LOEB/AFP/Getty Images

The AT&T merger's trust issues

Dec 20, 2011
The government put up road blocks to the AT&T and T-Mobile merger than eventually led to its demise. What was everyone so afraid of?

AT&T opts out of T-Mobile merger

Dec 20, 2011
Facing stiff government opposition due to anti-trust claims, AT&T is backing out of what would have been a $39 billion deal

Air travel in China takes a great leap forward

Dec 20, 2011
Chinese airports are getting bigger and more efficient, and the country's airplanes are getting an upgrade, as the nation gains ever-greater economic clout.

Mid-day Extra: Is vanity good for a city's economy?

Dec 20, 2011
A recent poll has found Miami to be the vainest city in the U.S., but could that be a good thing?

Japan places big order for Lockheed Martin fighter planes

Dec 20, 2011
Japan will replace its aging fighter jets with 42 new planes from the U.S. company Lockheed Martin, on the heels of the death of North Korean leader Kim Jong-Il.

Why companies like AT&T love mergers

Dec 20, 2011
We speak to Juli Niemann about why companies continue to push for mergers, even when they often fall through

Bank of America stock tumbles below $5 a share

Dec 20, 2011
Bank of America's troubles continue, as their stock prices fall below $5, the lowest level since March 2009

AT&T Gives Up Bid for T-Mobile

Dec 20, 2011
AT&T announced it is giving up its effort to purchase T-Mobile for $39 billion, despite its claims that the move would actually help consumers

PODCAST: AT&T hangs up on T-Mobile

Dec 20, 2011
AT&T backs out of its plan to takeover its rival T-Mobile. In Foxboro, Mass. controversy is brewing over a plan to build a casino. The movie box office is suffering this year, and Chinese airports are getting an upgrade.
AT&T pulls the cord on a potential merger with T-Mobile.
Stephen Chernin/Getty Images

A casino for Foxboro?

Dec 20, 2011
Foxboro, Mass., already has a football stadium and a huge mall. Steve Wynn and Robert Kraft would like to add a casino to the mix, but many residents say enough is enough.

AT&T backs out of its plan to take over its rival T-Mobile. In Foxboro, Mass. controversy is brewing over a plan to build a casino. The movie box office is suffering this year, and Chinese airports are getting an upgrade.

The team

Stephen Ryan Producer, BBC