Investment fund doubles in size Gov. Mark Dayton kicks off what he's calling his statewide jobs tour today with a visit to Fergus Falls. Numerous polls show voters place jobs and the economy at the top of their list of concerns right now. That may be one reason why, even as agency budgets were being cut throughout state government, this year's state budget nearly doubled the size of a relatively small and little-known program called the Minnesota Investment Fund. The fund got an extra $3 million to give out in low-interest loans to businesses that want to expand in or relocate to Minnesota.8:25 a.m.
Local governments show some resistence to sand mining Two city councils are putting pressure on the Goodhue County board to temporarily block a new kind of mining in the county. Red Wing and Lake City passed symbolic measures this week opposing the potential mining of so-called "frack sand" in their area. The sand would be dug up near Red Wing and used elsewhere in the country for a controversial way of geting oil and gas out of the ground known as fracking. Goodhue County is expected to take up a proposed one-year moratorium on sand mining in the coming weeks.8:45 a.m.
NYPD Intelligence Unit Seen Pushing Rights Limits
Since Sept. 11, 2001, the New York Police Department has become one of America's most aggressive gatherers of domestic intelligence. Directed by a retired CIA veteran, the NYPD intelligence unit dispatches undercover officers to keep tabs on ethnic neighborhoods, sometimes far outside its jurisdiction.
Sports Scandal Mars Miami Students' Return To Class
Just as University of Miami football fans were gearing up for a new season under a new coach, came word of an NCAA investigation. At the center of the probe is a booster who says he gave money and other gifts to Hurricanes players. It's one more demoralizing development for a team that's trying to rebuild but has to struggle with off-the-field controversies.
Sudlersville, Md., Finally Warms Up To Jimmie Foxx
Morning Edition's summer series — "Honey, Stop the Car!" — which is about roadside monuments continues. We travel to Maryland's Eastern Shore with a stop in Sudlersville, where a statue honoring one local legend and baseball great was a long time coming.
Emerald Ash Borer Threatens 8 Billion Trees
A tiny green beetle from China called the Emerald Ash Borer has devastated ash forests since it was first discovered in Michigan nine years ago. It has spread to 15 states. The economic impact has hit homeowners, cities and the timber industry. Our story is in cooperation with the New York Reporting Project at Utica College.
Rare Earthquake Rocks Eastern Seaboard
The Eastern United States experienced its biggest earthquake in decades Tuesday — a magnitude 5.8. The epicenter of the quake was about 40 miles northwest of Richmond, Va. What caused the quake is still a mystery.
Ala. Businesses Riled By State's New Immigration Law
In a court hearing Wednesday, a judge will hear arguments on Alabama's strict new immigration law. Unless an injunction is granted, the law is set to take effect on Sept. 1. Alabama employers are attending sessions to learn what they must do to comply with the law.
Japan's Credit Rating Lowered By Moody's
Moody's has lowered Japan's credit rating a notch, putting more pressure on the giant economy. Standard and Poor's lowered its rating on Japan earlier this year.
Swiss Banking Giant UBS To Cut Thousands Of Jobs
While Swiss bank UBS announced it is cutting thousands of jobs around the world, it said it would keep a minimum of 2,000 employees at its U.S. headquarters in Connecticut. That leaves 1,500 Connecticut workers uncertain about their future with the bank.
Users Drop BlackBerries For Competitors' Apps
Research In Motion has seen its once-dominant share of the smartphone market eaten away by the iPhone and Android. Bloomberg technology reporter Rich Jaroslovsky tells Renee Montagne that consumers are turning away from BlackBerries, in part, because competitors offer many more apps.