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Jun 26, 2012

Marketplace Morning Report for Tuesday, June 26, 2012

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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.

Segments From this episode

How U.S. immigration law compares to other countries

Jun 26, 2012
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?

Microsoft bets $1.2 billion on social networking for behind the firewall

Jun 26, 2012
Microsoft picks up Yammer to add business-friendly social networking software to its Office productivity software

Podcast: Euro bailouts, News Corp. rumors, and 'no new taxes'

Jun 26, 2012
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.

A Mexican town tries out its own currency

Jun 26, 2012
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.

Cyprus is the latest EU nation to seek a bailout

Jun 26, 2012
The tiny Mediterranean island nation says it needs $10 billion to avoid default just as Spain makes a formal request for a bank bailout

Playoffs could be cash haul for college football

Jun 26, 2012
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.
The Alabama Crimson Tide celebrate with the trophy after defeating Louisiana State University Tigers in the 2012 Allstate BCS National Championship Game on Jan. 9, 2012 in New Orleans, La. College football fans are on the cusp of getting a four-team playoff, which is also attractive to the NCAA's bottom line.
Kevin C. Cox/Getty Images

Congress pressed to pass transportation bill

Jun 26, 2012
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.

Is News Corp. about to become News Corps?

Jun 26, 2012
The Wall Street Journal's John Jannarone explains how News Corp. would split its entertainment and publishing businesses in two.

Groups mobilize for health care decision

Jun 26, 2012
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.

Dismal forecast: The weather as an economic indicator

Jun 26, 2012
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

The U.S. is not number one, according to data

Jun 26, 2012
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

Cyprus requests eurozone bailout

Jun 26, 2012
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.

Report: News Corp. considers company split

Jun 26, 2012
The Wall Street Journal reports that News Corp will divide into an entertainment company and a media company

Japan wants to double national sales tax to fix deficit

Jun 26, 2012
A government plan would increase the nation's sales tax from 5 percent to 10 percent. Critics say this would affect consumer spending.

Read my lips: A history of anti-tax pledges

Jun 26, 2012
22 years after he was forced to retreat from his famous tax promise, George H.W. Bush's anti-tax movement continues.

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.

The team

Stephen Ryan Producer, BBC