Planet Money
9:51 am
Mon July 23, 2012

Olympic Economics, The Pre-Games Show

The 2012 Olympic Games in London are expected to cost £9.3 billion ($14.5 billion).
FABRICE COFFRINI AFP/Getty Images

Originally published on Tue July 24, 2012 10:35 am

The 2012 Summer Olympics in London starts in four days with the carefully choreographed opening ceremony. But a related spectator sport is already well underway: Dissecting the economic impact of the games.

A show we did in February looked at how big an economic boost cities really get from hosting the Superbowl, and much of the same analysis is being applied to this year's games.

Read more
The Two-Way
9:27 am
Mon July 23, 2012

Stocks Are Sliding On Fears About Europe, Other Worries

Originally published on Mon July 23, 2012 2:16 pm

Stocks fell sharply on Wall Street this morning as traders reacted to word that Europe's debt crisis may be deepening and that China's economy may slow, Bloomberg News says.

The Dow Jones industrial average was down more than 200 points, or a little less than 2 percent, after an hour of trading. Other indices were also off.

Read more
Live Music
9:00 am
Mon July 23, 2012

What's On: July 28

Fun, poetic, gritty, and wonderful. Tonight we feature a recording of Greg Brown from the Old Settlers Inn. Greg has recorded more than two dozen albums, is the founder of Red House Records, has received several folkie-and-indie type awards.

 

Read more
The Two-Way
8:40 am
Mon July 23, 2012

Penn State Fined $60M, Banned From Bowls, Wins From 1998 On Vacated

Before its removal from outside the school's football stadium on Sunday, a statue of former football coach Joe Paterno was covered. An independent report concluded he was among top university officials who failed to act when they learned that Jerry Sandusky might be sexually abusing young boys.
John Beale AP

Originally published on Mon July 23, 2012 4:19 pm

Saying that the punishment is "warranted by the conspiracy of silence" among Penn State University's top leadership that turned a blind eye to former assistant football coach Jerry Sandusky's sexual abuse of young boys, the NCAA just announced sanctions on the school that include:

-- A $60 million fine. The money will go into an endowment fund to support programs around the nation that assist victims of sexual abuse, NCAA President Mark Emmert said.

Read more
It's All Politics
8:16 am
Mon July 23, 2012

Obama, Romney Court Veterans Ahead Of Romney's Foreign Trip

Originally published on Mon July 23, 2012 10:25 am

President Obama and Mitt Romney this week will be courting military veterans and raising more money. Romney also will be taking his campaign overseas.

Both speak at the annual convention of the Veterans of Foreign Wars in Reno, Nev. Obama will address the group today. Romney speaks to the group tomorrow, before heading to London for opening ceremonies of the Summer Olympics.

Ten years ago, Romney ran the Winter Olympics in Salt Lake City, Utah.

Read more
The Two-Way
7:52 am
Mon July 23, 2012

Top Stories: Attacks In Iraq; Aurora Suspect Due In Court; Penn State Penalty

Good morning.

The nature of the news today has made the subjects of our early posts unfortunately grim:

-- Dozens Dead After Iraq's Bloodiest Day This Year.

-- 13 Reported Dead, 10 Injured After Pickup Crashes In Texas.

Read more
The Two-Way
7:31 am
Mon July 23, 2012

Dozens Dead After Iraq's Bloodiest Day This Year

In Baghdad's Sadr City district, the view through a vehicle that was destroyed in one of today's attacks.
Karim Kadim AP

The death toll keeps rising and is now said to be around 100 after a series of bombings and shootings today in Iraq. More than 200 people were wounded in what appear to have been coordinated attacks in at least 13 cities. According to The Associated Press, it has been that nation's "deadliest day so far this year."

Read more
Hep C, Voter ID, NCLB, Jobless Rate
7:04 am
Mon July 23, 2012

Top Morning News 7/23/12

460 Patients at Hays Medical Center Potentially Exposed to Hepatitis C

Hays Medical Center and state health officials are trying to reach 460 people who may have been exposed to Hepatitis C two years ago.

More…


NYU Study: Voter ID Laws Could Affect KS Voters

A new study says thousands of potential voters in Kansas could encounter trouble getting required government-issued photo identification.

Read more
The Two-Way
7:02 am
Mon July 23, 2012

13 Reported Dead, 10 Injured After Pickup Crashes In Texas

A pickup truck overloaded with 23 men, women and children who authorities suspect were in the country illegally crashed Sunday in south Texas. There are reports now, from KSAT-TV in San Antonio and other local news outlets, that 13 people are dead and 10 injured.

Read more
Health
7:01 am
Mon July 23, 2012

460 Patients at Hays Medical Center Potentially Exposed to Hepatitis C

Hays Medical Center and state health officials are trying to reach 460 people who may have been exposed to Hepatitis C two years ago.

Pages