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New Aviation Technology
NPR's Mary Ann Akers reports on a new type of aviation navigation technology that will help prevent one of the most common reasons for plane crashes - miscalculating how far the plane is from the ground.
Better Living Through the Internet
Commentator Ev Ehrlich says computers and the Internet may allow the economy to reach even greater levels of growth and productivity.
<i>Celebrity Gardeners</i>
In the first part of a summer series on celebrity gardens, NPR gardening expert Ketzel Levine visits actor John Spencer at his home in Bel Aire, California and tours his garden. Spencer is a transplant from New Jersey, and he favors roses, delphiniums, hollyhocs, and the like. Levine points out that those plants don't appear as healthy as the ones that are native to Southern California.
Bond Prices on the Rise
NPR's Jim Zarroli reports economic growth is slowing which means that bond prices are on the rise. Economists believe that growth will slow down during the later half of the year.
Toysmart
NPR's Larry Abramson reports on Toysmart, an online toy retailer that is declaring bankruptcy and wants to sell its customer list, despite the privacy policy posted on its Web site that said it wouldn't do that. The federal government could take action, if it decides the company deceived customers.
E - Hong Kong
NPR's Rob Gifford reports that Hong Kong, in response to its experience during the Asian economic crisis is trying to diversify its economy. The city has become rich over the years on the basis of real estate speculation and finance. Now, it is building a huge cyberport in hopes of turning Hong Kong into the internet hub of Asia. The problem is that internet startups are based on speculation and wild speculation is what got Hong Kong into trouble during the Asian economic crisis.
Economy
Fewer jobs than expected were added to company payrolls in June. That's further evidence that the U.S. economy is slowing down a bit. The number of new jobs grew by a scant 11,000 during the month -- excluding the number of temporary government workers hired to help with the census. The news gave stock and bond prices a lift. Investors are hoping that the latest report will persuade the Federal Reserve that it no longer needs to raise interest rates. NPR's Jim Zarroli reports.
Gore Stump Speech
We hear a portion of a stump speech by Vice President Al Gore to the National Council of La Raza in San Diego, California earlier this week.
Missile Defense Test
NPR's Mike Shuster reports the Pentagon will test a missile defense system over the Pacific Ocean tonight. A rocket -- armed with a dummy warhead -- will be launched from California. Another rocket will be launched from an island hundreds of miles away, carrying an "interceptor" that's intended to shoot down the first rocket. The operation is part of a series of tests that will ultimately be used in deciding whether to proceed with the deployment of such a defense system.
The Case For Missile Defense
Robert talks to Defense Secretary William Cohen, about tonight's test, and the pros and cons of developing a missile defense system.
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