National / International News

VIDEO: Miliband: Voters 'disenchanted'

BBC - Wed, 2014-06-04 06:59
Labour leader Ed Miliband responded to the Queen's Speech by saying that Parliament must face the challenge of "disenchanted" voters.

The day I realized a taxi medallion costs $1 million

Marketplace - American Public Media - Wed, 2014-06-04 06:55

This happened more recently than I'd like to admit — the day I realized that a New York City taxi cab medallion costs $1 million. 

I was in the newsroom reading about the fight between yellow cab drivers and their new green cousins roaming the outer-boroughs. The story, from last June, was that yellow taxi drivers disliked the fact that green cab medallions were first sold for a mere $1,500. Quite a price differential from the yellow cabs, of course.

I grew up in the country, but for as long as I can remember my city family has been in the taxi business. So on hearing this fact my first thought was, "Woah, my uncle has $2 million on wheels." My second thought was, "the city absolutely had to lower the cost of a green medallion. How could an immigrant just starting out possibly purchase a $1 million taxi cab now?"

New York is the kind of place that is always in danger of becoming a city of 'haves' and 'have-nots.' Unless we're careful — unless we purposely create opportunities for those willing to capitalize on them — the pace of this city can leave people behind.

It's impossible to think about this and not think about growing income inequality on a national or global scale — and what kind of measures we as a society need to take to ensure things don't get worse.

If you do a quick Craiglist search you can see that green medallions can go for around $15,000 now. It's a tough buy for someone starting with nothing, but not an impossible dream.

And ideally, New York is a city of possible dreams.

Nine hurt in Tower Bridge boat crash

BBC - Wed, 2014-06-04 06:54
Nine people are injured when a sightseeing tour boat crashes into Tower Bridge.

UKIP MEP paid 'dozens' of migrants

BBC - Wed, 2014-06-04 06:49
UKIP's new Welsh MEP Nathan Gill faces criticism after confirming he employed "dozens" of east European and Filipino workers in a care company.

Germany opens Merkel bugging probe

BBC - Wed, 2014-06-04 06:38
Germany announces an inquiry into allegations by US intelligence leaker Edward Snowden that the US government bugged Chancellor Angela Merkel's phone.

Murray set for partisan atmosphere

BBC - Wed, 2014-06-04 06:31
Andy Murray is prepared for a partisan atmosphere when he plays Frenchman Gael Monfils at the French Open on Wednesday.

Germany Opens Formal Inquiry Into Tapping Of Merkel's Phone

NPR News - Wed, 2014-06-04 06:26

Germany's top federal prosecutor has opened an investigation that won't focus on wide spying activities attributed to the U.S. National Security Agency.

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While more secure, Chip and PIN technology is costly

Marketplace - American Public Media - Wed, 2014-06-04 06:19
Wednesday, June 4, 2014 - 09:03 Scott Olson/Getty Images

A shopping cart sits in the parking lot of a Sam's Club store

Sam’s Club, the warehouse chain owned by Walmart, is unveiling credit cards with chip-enabled safety technology. In fact, they’re declaring themselves the first mass retailer to do so in the U.S. The cards will be co-branded with MasterCard.

Chip and PIN technology is more secure than the magnetic strip on the back of many cards. Target learned that the hard way when it was hacked last year.

Carl Howe, vice president of research and data sciences at Yankee Group, says the biggest obstacle to adopting chip-enabled technology in the U.S. has been cost, including the price tag for overhauling all those point of sale devices where we swipe our cards now.

“Those are expensive devices -- a few thousand dollars each -- and they have a lot of them,” he says. “And there’s all the backend programming that’s required for it too. So this is not a small move, it takes a lot of infrastructure to make this work.”

Still, credit card companies want all retailers to follow Sam’s Club’s lead and adopt the technology by late 2015. 

Marketplace Morning Report for Wednesday June 4, 2014by Kate DavidsonPodcast Title While more secure, Chip and PIN technology is costlyStory Type News StorySyndication SlackerSoundcloudStitcherSwellPMPApp Respond No

May and Gove in row over extremism

BBC - Wed, 2014-06-04 06:16
Two of the most senior members of the Cabinet have become embroiled in a bitter row over allegations of extremism in state schools in Birmingham.

Russian fighter intercepted US plane

BBC - Wed, 2014-06-04 06:05
A Russian fighter jet flew within 100ft (30m) of a US Air Force plane over international waters near Japan in April, the Pentagon says.

While more secure, Chip and PIN technology is costly

Marketplace - American Public Media - Wed, 2014-06-04 06:03

Sam’s Club, the warehouse chain owned by Walmart, is unveiling credit cards with chip-enabled safety technology. In fact, they’re declaring themselves the first mass retailer to do so in the U.S. The cards will be co-branded with MasterCard.

Chip and PIN technology is more secure than the magnetic strip on the back of many cards. Target learned that the hard way when it was hacked last year.

Carl Howe, vice president of research and data sciences at Yankee Group, says the biggest obstacle to adopting chip-enabled technology in the U.S. has been cost, including the price tag for overhauling all those point of sale devices where we swipe our cards now.

“Those are expensive devices -- a few thousand dollars each -- and they have a lot of them,” he says. “And there’s all the backend programming that’s required for it too. So this is not a small move, it takes a lot of infrastructure to make this work.”

Still, credit card companies want all retailers to follow Sam’s Club’s lead and adopt the technology by late 2015. 

An Inability To Connect With Horses Isn't Why Racing Is Failing

NPR News - Wed, 2014-06-04 05:58

There is a perception that Americans would rather play slot machines and watch car racing because those things are more relatable than horses. NPR's Laurel Dalrymple doesn't think that is true.

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For New College Grads, Finding Mental Health Care Can Be Tough

NPR News - Wed, 2014-06-04 05:50

Finding and paying for a psychologist or psychiatrist can be difficult at any age. But young adults just making their way in the world face particular challenges.

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Business boost in Queen's Speech

BBC - Wed, 2014-06-04 05:46
The government announces a series of measures in the Queen's Speech that it says are "unashamedly pro-work and pro-business".

Tiananmen tense on rally anniversary

BBC - Wed, 2014-06-04 05:43
Security personnel swamp Tiananmen Square on the 25th anniversary of the Beijing massacre, as memorials are held in Hong Kong and Taipei.

Binman in truck crash gets £1.8m

BBC - Wed, 2014-06-04 05:42
A binman whose leg had to be amputated above the knee after his rubbish truck crashed is awarded £1.8m damages from a council.

Day in pictures: 4 June 2014

BBC - Wed, 2014-06-04 05:38
News photos from past 24 hours: 4 June

Green opposition to coalition plans

BBC - Wed, 2014-06-04 05:35
Environmentalists are opposing the government's plans to boost roads, housing and fracking - all announced as part of the Infrastructure Bill.

Wales sees rise in spending money

BBC - Wed, 2014-06-04 05:32
People living in Wales have had the second largest rise in the UK in the amount of money they have to spend, according to the latest figures.

Apology over crashed anti-hack site

BBC - Wed, 2014-06-04 05:27
The head of a government-funded cyber-security advice website apologises and says he is "not sleeping" after the site collapsed under heavy traffic.
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