The Two-Way
9:33 am
Fri June 1, 2012

Stocks Drop On Weak Jobs News

Originally published on Fri June 1, 2012 4:57 pm

Stock prices fell on Wall Street today as investors digested the much-weaker-than-expected report on job growth in May.

The damage? The Dow plunged 274 points or 2.2 percent. The Nasdaq fell 80 points or 2.82 percent.

CNN Money reports the Dow had the worst day of 2012, erasing "all its gains for the year."

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Politics
9:04 am
Fri June 1, 2012

Gubernatorial Recall Election Polarizes Wis. Voters

Transcript

DAVID GREENE, HOST:

It's been more than a year since Wisconsin Democrats began talking about recalling the state's governor, Scott Walker. Next week they'll get their chance to do it. Last night, Walker and his Democratic challenger, Milwaukee Mayor Tom Barrett, traded barbs in their final debate before Tuesday's vote. Turnout is expected to be very high, as the recall is sharply dividing voters in Wisconsin, so much so, some have just stopped talking to each other. NPR's David Schaper has the latest from Milwaukee.

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The Two-Way
8:52 am
Fri June 1, 2012

Just 69,000 Jobs Added In May; Unemployment Rate Edges Up To 8.2 Percent

Originally published on Fri June 1, 2012 1:31 pm

Horrid. Lousy. Awful.

Those are just three of the words economists are using to describe the news that just 69,000 net jobs were added to public and private payrolls last month — and that the nation's jobless rate edged up to 8.2 percent from April's 8.1 percent.

The news has raised fears that the hoped-for strengthening of the economy may not materialize.

We posted on the news and followed with details from the report and reaction to it. It's now 11:22 am. ET, here's our original post and earlier updates:

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The Two-Way
8:17 am
Fri June 1, 2012

Obama 'Sped Up Wave Of Cyberattacks Against Iran,' Says 'NYT'

This morning's talker:

"From his first months in office, President Obama secretly ordered increasingly sophisticated attacks on the computer systems that run Iran's main nuclear enrichment facilities, significantly expanding America's first sustained use of cyberweapons, according to participants in the program," The New York Times reports.

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The Two-Way
7:57 am
Fri June 1, 2012

'Hero' Of Seattle Shootings: 'I Just Threw The Frigging Stool' At Gunman

Left to right: Karen Eides, Tim Torres and David Gordon embrace as they kneel in front of a makeshift memorial outside the cafe in Seattle where a gunman killed four people.
Stephen Brashear Getty Images

Lawrence Adams doesn't want to be called a hero, but many in Seattle are saying that's just what he is.

As The Seattle Times reports this morning, police believe Adams saved the lives of at least three people on Wednesday when he picked up a stool at a cafe and threw it at a gunman who killed four people there. Adams' action distracted the gunman, identified as Ian Stawicki, and allowed Adams and some others to escape.

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Around the Nation
7:41 am
Fri June 1, 2012

Rare Double Egg Laid In Abilene, Texas

Originally published on Fri June 1, 2012 9:04 am

Transcript

DAVID GREENE, HOST:

Remembrances
7:34 am
Fri June 1, 2012

Voice Of Speedy Alka-Seltzer Dick Beals Dies At 85

Originally published on Fri June 1, 2012 9:04 am

Transcript

DAVID GREENE, HOST:

Good morning. I'm David Greene with a remembrance of Dick Beals, the man whose voice gave lie to Gumby. A glandular condition gave Beals his small stature and youthful voice, a voice that was used in more than 3,000 commercials. Beals played a wide range of roles - babies, teenagers, chipmunks. Perhaps most notably the Speedy Alka-Seltzer character.

(SOUNDBITE OF ADVERTISEMENT)

DICK BEALS: (Singing) Alka-Seltzer, plop, plop, fizz, fizz - oh, what a relief it is.

The Two-Way
7:21 am
Fri June 1, 2012

Mine Safety Questions Linger, One Year After Takeover Of Massey Energy

Originally published on Fri June 1, 2012 8:05 am

One year ago today, Alpha Natural Resources officially absorbed the troubled coal mining company Massey Energy, which had one of the worst safety records in the industry.

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The Two-Way
7:09 am
Fri June 1, 2012

Did Jobs Grow Fast Enough In May? Probably Not

Hoping for work: Job seekrs lined up Thursday at a job fair in Los Angeles.
Kevork Djansezian Getty Images

Originally published on Fri June 1, 2012 8:35 am

Breaking news at 8:34 a.m. ET: "Unemployment Rate 8.2 Percent In May As Just 69,000 Jobs Added

Our original post:

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Business
6:38 am
Fri June 1, 2012

Shilling Blames Rhode Island For Company's Troubles

Originally published on Fri June 1, 2012 12:01 pm

Transcript

DAVID GREENE, HOST:

Let's spend some time talking about the big money world of video games. In a moment, what may have been the biggest legal battle ever in the game industry. But first to former Boston Red Sox pitcher Curt Shilling. He is blaming the governor of Rhode Island for the meltdown of his video game company, 38 Studios. The company's failures have seen almost 400 workers lose their jobs and has Rhode Island taxpayers on the hook for close to $100 million. Ian Donnis of Rhode Island Public Radio has the story.

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