Good morning. I'm Steve Inskeep. Finally, Larry Bird looms larger than Magic Johnson. The two players fought a famous rivalry in the '80s. Bird's Celtics and Johnson's Lakers battled for NBA titles again and again. But one thing could never change. In the college championship game in 1979, Johnson's Michigan State beat Bird's Indiana State. Now, Indiana State plans a 15-foot tall statue of Larry Bird, larger than any existing statue of Magic Johnson. It's MORNING EDITION. Transcript provided by NPR, Copyright National Public Radio.
Originally published on Wed August 29, 2012 5:15 am
Like a lot of Republicans, Jane Jech is excited about Paul Ryan. Maybe even more excited than she is about Mitt Romney.
Ryan, a seven-term representative from Wisconsin and the chairman of the House Budget Committee, will formally accept the Republican Party's nomination for vice president on Wednesday.
His speech is expected to touch on all the hallmarks he's emphasized since getting the nod as running mate on Aug. 11, including the need to get the federal deficit under control, in part by curbing entitlement programs like Medicare.
NPR's business news starts with upping the oil output.
(SOUNDBITE OF MUSIC)
GREENE: The group of seven most industrialized nations are urging oil producing countries to ramp up production. In a statement yesterday, the so-called G-7 nations warned of the risks, quote, "posed by elevated oil prices." Demand for gasoline usually starts to wane at the end of the summer but right now gasoline prices are hitting new highs. Oil prices are surging because of tensions with Iran and the ongoing concern about Hurricane Isaac.
This is MORNING EDITION, from NPR News. Good morning. I'm David Greene.
STEVE INSKEEP, HOST:
And I'm Steve Inskeep.
Water has been slopping over at least one levee in Louisiana this morning. The levee is down the Mississippi River from New Orleans, near the place where Hurricane Isaac came ashore. So far, the storm has caused street flooding along much of the Gulf Coast and left hundreds of thousands of people without power. But the full-scale of its effects will depend in part on just how long Isaac sticks around.
And today's last word in business is a home run for Major League Baseball.
ESPN agreed yesterday to pay the baseball association $5.6 billion over the next eight years for broadcast and digital rights to games. That is a record, we're told, for baseball broadcasting rights. It is also about double what ESPN currently pays to broadcast Major League Baseball games, although the sports network will be getting a lot more for its money this time around - more international rights, radio rights, rights to more games.
When the Yangmingtan bridge opened in the northeastern Chinese city of Harbin in November, local officials hailed it as a grand achievement.
The bridge stretched more than nine miles and cost nearly $300 million. Construction was supposed to take three years, but workers finished in half that time.
"A lot of comrades didn't go home for more than a year, never took a holiday, never took off a weekend," Yang Qingwei, the party secretary of a bridge construction company, proudly told Heilongjiang provincial TV.
Originally published on Thu August 30, 2012 2:04 am
DAVID GREENE, HOST:
Hurricane Isaac has produced what TV writers might call a spin off - a second storm detached itself from the hurricane and its effects are being felt far from the Gulf Coast.
STEVE INSKEEP, HOST:
This mass of moist air detached itself from Isaac and moved up the Atlantic Coast, and yesterday dumped nearly eight inches of rain over South Carolina. The rain caused flooding in Charleston, including the city's historic downtown market. Transcript provided by NPR, Copyright NPR.