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Marketplace Morning Report for Monday, February 24, 2014
Feb 24, 2014

Marketplace Morning Report for Monday, February 24, 2014

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The medals are taken away. The athletes are headed home. In a spectacular closing ceremony yesterday, the 2014 Sochi Winter Olympics came to a close. The Russian government is congratulating itself on gaining the international spotlight with a prestigious event that cost more than any previous Winter Olympics: a stunning $51 billion. But residents of Sochi are wondering what will happen to all the hotels and facilities that have been built. 

Plus, the U.S. Supreme Court will hear oral arguments today in an environmental case with a lot at stake: permits for greenhouse gas emissions, and the power of the Environmental Protection Agency and the Obama administration. At issue specifically is whether a 2007 Supreme Court decision that gave the EPA the right to regulate the greenhouse gases coming out of vehicle tailpipes also gave the agency the power to regulate those emissions more broadly.

Segments From this episode

Russia may have overspent for the Olympics

Feb 21, 2014
Sochi locals wonder what will happen to the hotels and facilities that were built.

Forced labor, prostitution continues at U.S.-Mexico border

Feb 24, 2014
People, mostly women, are sold and forced into labor or sex.

Winter brings sweet business to salt suppliers

Feb 24, 2014
This season's harsh winter has meant shortages of the salt used to clear roads.

Supreme Court reviews expansion of 2007 Clean Air Act

Feb 24, 2014
A lawsuit challenges the EPA's ability to apply specific regulations to other polluters.

PODCAST: Freezing our economic output

Feb 24, 2014
The winter weather might slow our national GDP.

The medals are taken away. The athletes are headed home. In a spectacular closing ceremony yesterday, the 2014 Sochi Winter Olympics came to a close. The Russian government is congratulating itself on gaining the international spotlight with a prestigious event that cost more than any previous Winter Olympics: a stunning $51 billion. But residents of Sochi are wondering what will happen to all the hotels and facilities that have been built. 

Plus, the U.S. Supreme Court will hear oral arguments today in an environmental case with a lot at stake: permits for greenhouse gas emissions, and the power of the Environmental Protection Agency and the Obama administration. At issue specifically is whether a 2007 Supreme Court decision that gave the EPA the right to regulate the greenhouse gases coming out of vehicle tailpipes also gave the agency the power to regulate those emissions more broadly.

The team

Stephen Ryan Producer, BBC