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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

Anti-trust concerns end AT&T/T-Mobile merger

by Mitchell Hartman Dec 20, 2011
AT&T has backed out of a deal to buy T-Mobile for $39 billion.

Companies may have received 'cosy deals' on U.K. taxes

by Stephen Beard Dec 20, 2011
British lawmakers are accusing the U.K. taxman of giving major corporations an easy ride

Cornell will build NYC applied science campus

by Stacey Vanek Smith Dec 20, 2011
The Roosevelt Island engineering school could bring billions to New York City.

The AT&T merger's trust issues

by Adriene Hill 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?

Theater owners' 'Mission: Impossible'

by Jennifer Collins Dec 20, 2011
Boosting the box office after "Avatar"'s banner year.

AT&T opts out of T-Mobile merger

by Mitchell Hartman 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

by Rob Schmitz 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 Update

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

by Jeremy Hobson and Adriene Hill 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

by Adriene Hill 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

by Juli Niemann 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

by Josh Brown 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

by Mitchell Hartman 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
Mid-day Update

PODCAST: AT&T hangs up on T-Mobile

by Mary Dooe 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.

A casino for Foxboro?

by Curt Nickisch 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.

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