7:47am

Mon August 8, 2011
The Commonwealth

Motorcyclists Raise Money for KY Guard

For many Kentuckians, next Saturday will literally be a day to remember.  Hundreds of motorcyclists and others from around the state are expected to converge on Lawrenceburg to honor Kentucky National Guard members killed in the line of duty. Kentucky National Guard Memorial Fund Board member Jason Lemay recalls a man who died in the great flood of 1937.

Read more

7:14am

Mon August 8, 2011
Business

Ingenuity Keeps U.S. Patent Office Busy

On this date 100 years ago, the U.S. Patent Office awarded its millionth patent. The first patent was issued in 1863. In the coming weeks, the patent office says it will have issued 8 million patents.

7:08am

Mon August 8, 2011
Middle East

World's Tallest Building To Be Built In Saudi Arabia

Kingdom Holding Company plans to finish the world's tallest building in Jiddah, Saudi Arabia. It would dwarf the Empire State Building and the current record holder which is in Dubai. The new building would climb 3,200 feet into the air but the developer did not say exactly when construction starts.

7:00am

Mon August 8, 2011
Around the Nation

Pioneer Preacher Smith Remembered In Deadwood

South Dakota is home to one of the most recognizable monuments in the world: Mount Rushmore. But there are dozens of other lesser known physical testimonies to men and women across the state. As part of our summer road trip series, "Honey Stop The Car!," reporter Jim Kent takes us to Deadwood, where there's a tribute to a preacher who didn't live long in that Wild West town.

6:48am

Mon August 8, 2011
Asia

Japan Rethinks Its Relationship With The Atom

Over the weekend, Japan commemorated the 66th anniversary of the American bombing of Hiroshima. Some used the event to protest nuclear energy. This spring's massive earthquake caused a meltdown at a nuclear plant north of Tokyo. The recent disaster has many Japanese re-thinking their nation's relationship with nuclear energy.

6:40am

Mon August 8, 2011
Economy

Asian Markets Slide On U.S. Credit Downgrade

Originally published on Mon August 8, 2011 8:23 am

Transcript

RENEE MONTAGNE, host:

Let's stay now with the economic fallout from the downgrade of the U.S. credit rating as well as troubled economies in Europe. That's caused markets in Asia to plunge today. NPR's Anthony Kuhn joins us from Jakarta, Indonesia to talk about all of this. And Anthony, how bad is the carnage on those Asian markets?

ANTHONY KUHN: Well, stock markets in the region are down about two to five percent, which means billions of value were wiped off of them. That's on top of last week, which saw the biggest rout in Asian stock since 2008.

Read more

6:34am

Mon August 8, 2011
Economy

Economists Share Thoughts On Credit Downgrade

Turmoil in the financial markets has coincided with an annual fishing trip for economists and top executives deep in the woods of Maine near the Canadian border. While the economists were together, Standard and Poor's took the unprecedented step of downgrading the U.S. government's credit rating.

Read more

4:00am

Mon August 8, 2011
Around the Nation

Military Community Mourns Death Of Navy SEALs

Originally published on Mon August 8, 2011 8:31 am

Transcript

RENEE MONTAGNE, host:

In Afghanistan, the downing of a helicopter filled with American Special Forces and Afghan troops suggests how great a challenge the Taliban still pose. Officials believe the big Chinook helicopter was shot down by a rocket-propelled grenade, and that attack on Sunday by militants was the deadliest since the war there began.

Of the 30 Americans killed, 22 were members of an elite Navy SEAL team, something particularly poignant given it was Navy SEALS who succeeded so dramatically in the raid that killed Osama bin Laden.

Read more

4:00am

Mon August 8, 2011
Economy

Financial Markets Respond To U.S. Credit Downgrade

Originally published on Mon August 8, 2011 8:34 am

Transcript

RENEE MONTAGNE, host:

This is MORNING EDITION from NPR News. I'm Renee Montagne.

STEVE INSKEEP, host:

And I'm Steve Inskeep. Good morning. This is one of those mornings when we remember how interconnected the world economy has become. Asian investors are worried about their exports to America. Europeans are responding to their own continent's debt problems, even as they react to the Standard and Poor's downgrade in its rating of U.S. credit. And of course the Dow Jones Industrials, we'll find out how they do today.

Read more

4:00am

Mon August 8, 2011
NPR Story

Europe's Central Bank To Buy Bonds To Steady Stocks

Originally published on Mon August 8, 2011 9:05 am

Transcript

RENEE MONTAGNE, host:

And late last night, the European Central Bank decided to buy Italian and Spanish bonds to calm market concerns that those two countries would not be able to pay their debts.

NPR's Sylvia Poggioli joins us on the line from Rome.

And Sylvia, how did Italy react to the move by the European Central Bank?

Read more

Pages