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The Two-Way
10:47 am
Wed August 1, 2012

USPS Defaults On $5.5 Billion Payment To Treasury

An employee loads flat trays onto a truck at the U.S. Postal Service processing and distribution center in Merrifield, Va.
Andrew Harrier Bloomberg via Getty Images

For the first time ever, the United States Postal Service has defaulted on a payment to the Treasury.

The USPS warned of a default in a statement on Monday. It it would not make the $5.5 billion payment due today and that it would also default on a $5.6 billion payment due Sept. 30. Both of those payments are federally mandated and go toward prefunding retiree health benefits.

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NPR Story
9:48 am
Wed August 1, 2012

Eight Badminton Players Disqualified From Olympics

Originally published on Thu August 2, 2012 5:31 am

Transcript

STEVE INSKEEP, HOST:

The Olympics are a quest to be the best. But some Olympians are accused of purposely playing badly at badminton. The Badminton World Federation has launched disciplinary proceedings against four women's doubles pairs. First, the world champions, who are Chinese, faced off against opponents from South Korea. And spectators started booing when the players seemed to be making simple errors on purpose.

MELISSA BLOCK, HOST:

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The Torch
9:41 am
Wed August 1, 2012

Cyclist Bradley Wiggins Wins Seventh Olympic Medal, A British Record

Britain's Bradley Wiggins celebrates after winning the gold medal at the end of the London 2012 Olympic Games men's individual time trial road cycling event in London.
Odd Andersen AFP/Getty Images

British cyclist Bradley Wiggins has won the gold medal in the men's individual time trial event, beating Germany's Tony Martin by 42 seconds. He took 50 minutes and 39 seconds to cover the course of 49 kilometers (just under 30.5 miles).

Martin took silver, and the bronze went to Britain's Chris Froome, who played a vital support role as Wiggins' teammate in his Tour de France victory last month.

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The Torch
9:19 am
Wed August 1, 2012

Let's Catch Up: U.S. Rowers End Drought, Phelps And Lochte Reload

Adrienne Martelli, Megan Kalmoe, Kara Kohler and Natalie Dell of the United States celebrate on the podium after winning bronze in the women's quadruple sculls at Eton Dorney in Windsor, England.
Harry How Getty Images

Good morning. Things are hopping at the London Games, with 20 medal events today. And conversations are still buzzing about the scandal in Olympic badminton, over players intentionally throwing matches. Here are some highlights from this morning's news:

- The U.S. women's quadruple sculls team has won a bronze medal, ending a 28-year American medal drought in the sport. It's also only the second U.S. medal.

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The Torch
8:24 am
Wed August 1, 2012

Badminton's 'Detrimental' Conduct Rule, And Losing On Purpose

The Badminton Eight: That's the media's new nickname for the Olympic athletes disqualified Wednesday in a match-fixing scandal at the London Games. They are, from top left: South Korea's Kim Ha Na, Ha Jung-Eun, Kim Min-Jung and Jung Kyung-Eun. Bottom: Indonesia's Greysia Polii and Meiliana Jauhari, and China's Wang Xiaoli and Yu Yang.
AFP/Getty Images

Originally published on Wed August 1, 2012 11:08 am

Eight Olympic badminton athletes have been thrown out of the London Games after being charged by the Badminton World Federation with "not using one's best efforts to win a match" — which is against the rules of the sport. Because even some journalists may have forgotten badminton's rules, it seemed time to take a fresh look.

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