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.

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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.

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AM Newscasts
8:59 am
Mon July 23, 2012

Newscast for July 23, 2012

Regional news coverage from the KBIA Newsroom, including:

  • Mo. Gov. and MU Pres. tout nuclear plan
  • Columbia honors fallen soldier Sterling Wyatt
  • President Barack Obama nominates Mo. native as Guard chief
Energy
8:51 am
Mon July 23, 2012

Columbia deemed "city to watch" by nonprofit group

Climate Solutions logo
climatesolutions.org

The City of Columbia has been highlighted as a “city to watch” by a nonprofit group based in several northwestern states.

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Radio Friends
8:50 am
Mon July 23, 2012

Paul Pepper: Central Missouri Dietetic Assoc. & Arrow Rock Lyceum Theatre

Today Paul Pepper chats with CMDA's JESSICA MYERS about the importance of hydration. Also, QUIN GRESHAM, with the Arrow Rock Lyceum Theatre, discusses the rest of the summer season and what's ahead.

Energy
8:43 am
Mon July 23, 2012

Nixon, UM president Wolfe to tout nuclear plan

Ameren's nuclear plant in Callaway, Missouri
File photo KBIA

Gov. Jay Nixon and University of Missouri president Tim Wolfe will join utility executives and business leaders at an event designed to boost support for building small modular nuclear reactors in the state.

The event Monday on the Columbia campus is billed as an economic development summit, while officials await word on a U.S. Department of Energy grant application.

Westinghouse Electric Co. and Ameren Missouri are competing for a share of the $452 million the energy department has set aside for the new technology.

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.

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Military
8:24 am
Mon July 23, 2012

Mo. native Grass nominated as National Guard chief

National Guard ng.mil

President Barack Obama has nominated a Missouri native to serve as the next chief of the National Guard Bureau.

Army Lt. Gen. Frank Grass currently serves as deputy commander of U.S. Northern Command. He began his career by enlisting in the Missouri Army National Guard in 1969 at Jefferson Barracks in St. Louis.

As head of the National Guard Bureau, Grass will be the senior uniformed officer responsible for all policies and programs affecting the Army and Air National Guard. His appointment still needs confirmation from the U.S. Senate.

History
8:19 am
Mon July 23, 2012

Callaway County to mark site of Civil War battle

Charles Edward Wikimedia Commons

Civil War buffs are preparing to dedicate a memorial to mark the 150th anniversary of a central Missouri battle that helped weaken southern recruiting efforts in the state.

The Columbia Daily Tribune reported that a Union force of about 700 men clashed with fewer than half as many Confederate guerillas on July 28th, 1862, in the Battle of Moore's Mill. After about four hours of fighting near what is now the town of Calwood, the guerillas fled.

The Union recorded 13 deaths. There is disagreement about how many Confederate troops died.

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.

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