In a unanimous vote this week the Los Angeles City Council endorsed a plan to build an NFL stadium in downtown Los Angeles. The next step is finding a team, which may have implications for the St. Louis Rams.
The Rams will be able to break their lease on the Edward Jones Dome in 2014 unless the city signs off on a package of expensive upgrades.
The dome is considered by many to be one of the NFL’s worst stadiums.
St. Louis Mayor Francis Slay says the city does have some money set to pay for upgrades.
Today the Wall Street Journal ran a story about decreasing prospects for small regional airport's like MidAmerica Airport in Mascoutah, IL.
When it was built over a decade ago MidAmerica was meant to serve as a "reliever" airport for Lambert and nearby Scott Air Force Base. As the Journal reports, those aspirations have largely failed to pan out, as departures from Lambert have dropped significantly since Sept. 11.
Originally published on Tue August 2, 2011 11:43 am
Update at 2:07 p.m. ET. President Signs Bill:
President Obama has signed into law a bi-partisan bill that raises the debt ceiling and avoids a government default that analysts as well as the White House warned could have had catastrophic effects on the American economy.
Earlier today, the Senate voted 74-26 to send the bill to the president's desk. The AP reports Obama signed the bill privately in the Oval Office.