In these hard times, Britain's Royal Academy of Chemistry has come up with the cheapest meal of all: a toast sandwich. They found the recipe in the Victorian bestseller: Mrs. Beeton's Book of Household Management. It's a piece of toast between two buttered slices of bread and costs 12 cents to make.
Good morning, I'm Renee Montagne. The Columbia University Marching Band is known for its sense of humor, but their joke fell flat at a recent football game against Cornell. In a parody of the school fight song, the band sang: We always lose, lose, lose by a lot; sometimes, by a little - which is accurate. Their loss to Cornell was their ninth straight this year.
The athletic department wasn't amused. They banned the marching band from the final game of the season. It's MORNING EDITION. Transcript provided by NPR, Copyright NPR.
The outcome in Italy is, of course, of huge importance to Germany. Germany is the strongest economy in the eurozone and has a deep historical interest in the euro's success. We asked the economist Nicolas Veron to remind us of Germany's role in this grand monetary experiment.
Italy's new prime minister has pledged far-reaching reforms. An economist himself, Mario Monti has managed to win a vote of confidence for his new national unity government by an overwhelming majority in Italy's senate. Still, Europe's debt crisis is gathering more steam and now pushing borrowing costs for Spain and France sharply higher. As NPR's Sylvia Poggioli reports, pressure is mounting on the European Central Bank to act to stem the crisis.
NPR's business news starts with oil prices hovering around $99 a barrel. Oil has gone up sharply since last month, partly because of signs of improvement in the U.S. economy. Also because of tensions in some oil producing regions, which could affect supplies. Still, the debt crisis in Europe is holding prices below that psychologically important $100 a barrel mark. Benchmark crude was trading in Asia this morning at about $98.90. Transcript provided by NPR, Copyright NPR.
The Los Angeles Auto Show begins today. It's the first of America's car shows and it's where manufacturers put their best foot forward or try to reinvent themselves. One those carmakers is Honda. Honda's production was badly hurt by Japan's earthquake and tsunami, and as it was getting back on track, the floods in Thailand crippled production again. But as NPR's Sonari Glinton reports from the L.A. Auto Show, natural disasters may be the least of Honda's problems.
Let's consider now, those vehicles that offer something really cheap - the food trucks that have become so popular. At the L.A. Auto Show, Nissan has on display a new truck specially designed for mobile restaurateurs. Our last word in business today is: culinary concept car.
On January 17th, Joe Schaffer will become the new president of Laramie County Community College.
On Wednesday, the college's board of trustees unanimously voted to appoint Schaffer to the position. LCCC's Public Relations Director Lisa Murphy says the new partnership will help the college to continue moving forward.
"Dr. Schaffer is going to bring a lot of energy, a lot of enthusiasm, and a lot of intelligence. He knows the academic world, he knows the communication world, and he also knows how to integrate into the community."