Jun 5, 2012

Marketplace Morning Report for Tuesday, June 5, 2012

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The seven leading industrialized nations in the world are holding an emergency conference call today about the fate of the euro and the global slowdown. Voters in Wisconsin decide today whether to recall GOP Gov. Scott Walker. At the E3 video gaming conference this week all eyes are waiting to see how Nintendo, Microsoft and Sony will counter growing competition from mobile gaming. And why do the Obama and Romney campaigns both set $3 as the entry-level donation?

Segments From this episode

Giant video gaming conference E3 gets going in L.A.

Jun 5, 2012
And it's all about the game consoles. How will Nintendo, Microsoft and Sony stave off mobile and social games?

Mayor of Stockton tries to avoid city bankruptcy

Jun 5, 2012
The city of Stockton, California, population 291,000 is trying to avoid becoming the biggest U.S. city to go bankrupt during this economic downturn.

G7 leaders to hold emergency conference call

Jun 5, 2012
Finance ministers from the world's seven leading industrialized nations are holding an emergency conference call today to discuss the eurozone crisis.

Is it time for the U.S. to borrow big?

Jun 5, 2012
Spain nears a credit crisis, worldwide markets are down, and U.S. borrowing costs near zero. Some economists argue this economic instant is the best time for the U.S. government to invest in infrastructure projects.

San Jose pension vote could set precedent

Jun 5, 2012
Voters in the California city today are considering slashing public employee pensions in a ballot initiative that could set a precedent for other cities.

Putin visits China to discuss partnership

Jun 5, 2012
Russia's President Putin is in China today to meet with Chinese President Hu Jintao about oil, natural gas, and a potential economic investment partnership.

Wisconsin recall vote taps economic divide

Jun 5, 2012
Gov. Walker's success in weakening public employee unions inspires opposition -- and admiration.

The magic small political donation number

Jun 5, 2012
Why do the Obama and Romney campaigns both set $3 as the entry-level donation?

PODCAST: Disney limits junk and cars in Singapore cost more than a house

Jun 5, 2012
The seven leading industrialized nations in the world are holding an emergency conference call today about the fate of the euro and the global slowdown. Voters in Wisconsin decide today whether to recall GOP Gov. Scott Walker. At the E3 video gaming conference this week all eyes are waiting to see how Nintendo, Microsoft and Sony will counter growing competition from mobile gaming. And why do the Obama and Romney campaigns both set $3 as the entry-level donation?

Exxon evaluates exporting natural gas

Jun 5, 2012
Exxon Mobil is looking to export natural gas to Europe and maybe Asia. CEO Rex Tillerson believes gas could surpass demand for coal worldwide by 2025.

China orders foreign embassies not to monitor pollution

Jun 5, 2012
Today top Chinese officials ordered foreign embassies to stop reporting air pollution levels in China, saying the monitoring by foreigners is illegal.

U.N. warns Australia over Great Barrier Reef

Jun 5, 2012
The United Nations World Heritage Organization says the Great Barrier Reef may soon be on its endangered list if Australia doesn't control its industrial development in the next eight months.

Cars in Singapore match cost of average U.S. home

Due to rising demand and strict government controls, the price for a permit to buy a car in Singapore has risen to almost $67,000 dollars.

The seven leading industrialized nations in the world are holding an emergency conference call today about the fate of the euro and the global slowdown. Voters in Wisconsin decide today whether to recall GOP Gov. Scott Walker. At the E3 video gaming conference this week all eyes are waiting to see how Nintendo, Microsoft and Sony will counter growing competition from mobile gaming. And why do the Obama and Romney campaigns both set $3 as the entry-level donation?

The team

Stephen Ryan Producer, BBC