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May 22, 2012

Marketplace Morning Report for Tuesday, May 22, 2012

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There's a new warning this morning from the Organization for Economic Cooperation and Development that says the 17 nations that use the euro are at risk of falling into a severe recession. It's been two years since the BP Oil…

Segments From this episode

The fight over international flights from Houston

May 22, 2012
United Airlines hopes to reroute plans by Southwest, and stop a new international terminal from being built at Hobby Airport.

Iran accepts U.N. investigation of nuclear program

May 22, 2012
The top nuclear official at the United Nations said today that a deal has been reached with Iran to allow the U.N.’s investigation into Iran’s nuclear program to continue. So what does this mean for the price of oil, which…

Improved safety device could prevent BP-type oil spills

May 22, 2012
The National Academy of Engineering is recommending that oil and gas companies spend millions on a modified blowout preventer. This is the $45 million device that failed and caused the BP oil spill in the Gulf of Mexico.

Why disclosure wasn't enough to stop JPMorgan losses

May 22, 2012
After the financial crisis of 2008, regulators focused on the idea of disclosure to prevent further problems in the financial industry. But what happens when the bank itself doesn't know how bad things are?

SpaceX launch could pave way for private sector funding

May 22, 2012
The private company SpaceX today launched an unmanned rocket into space this morning, carrying cargo for the international space station.

Businesses may lose census survey

May 22, 2012
The American Community Survey from the Census Bureau has been a useful business tool for decades. Washington budget-cutters want to ax it.

Remembering the tornado in Joplin, Mo. one year later

May 22, 2012
Today is a day of remembrance in Joplin, Missouri. It's been exactly one year since the nation's deadliest tornado in 60 years killed 161 people there.

Google Chrome now most used browser

May 22, 2012
There's word today that the most used Internet browser in the world is no longer Microsoft Explorer. It's the one Google makes, called Chrome.

PODCAST: Joining forces for Wi-Fi, rebranding drought

May 22, 2012
There's a new warning this morning from the Organization for Economic Cooperation and Development that says the 17 nations that use the euro are at risk of falling into a severe recession. It's been two years since the BP Oil…
Would a drought by another name not seem so severe?
ABDELHAK SENNA/AFP/GettyImages

OECD issues European recession warning

May 22, 2012
The Organization for Economic Cooperation and Development warns the eurozone nations of severe recession risk, and calls on the European Central Bank to step in to stem the crisis.

Could Facebook's IPO be unveiling a new tech bubble?

May 22, 2012
The stock tanked 11 percent yesterday, and a technology glitch marred its first day of trading Friday. Some look at the disappointing debut and wonder if something's amiss generally in the tech sector.

There’s a new warning this morning from the Organization for Economic Cooperation and Development that says the 17 nations that use the euro are at risk of falling into a severe recession. It’s been two years since the BP Oil Spill in the Gulf of Mexico, and today officials from government are looking at one item central to that spill: the blowout preventer. As soon as next week, Southwest Airlines could get clearance to build a brand new international terminal at Houston’s Hobby airport — but one competitor is doing its best to thwart those plans.

The team

Stephen Ryan Producer, BBC