National / International News

Threatened bomb dog saved by soldier

BBC - Tue, 2014-04-08 03:42
A soldier makes it her mission to save the life of a bomb-hunting dog which located a haul of enemy weapons while they served in Afghanistan.

Sir Liam to lead health review group

BBC - Tue, 2014-04-08 03:42
The former chief medical officer of England will head a group of experts to consider improvements to the way the health service is run in Northern Ireland.

VIDEO: Pistorius: 'Moment everything changed'

BBC - Tue, 2014-04-08 03:42
Oscar Pistorius has begun to describe "the moment everything changed", when he shot girlfriend Reeva Steenkamp dead in the early hours of 14 February 2013.

EU court rejects data retention law

BBC - Tue, 2014-04-08 03:39
The EU's top court declares "invalid" an EU law requiring telecoms firms to store citizens' communications data for up to two years.

Murder arrests over 1988 missing boy

BBC - Tue, 2014-04-08 03:29
Four arrests are made over the disappearance of 15-year-old boy in south-west London 26 years ago.

Philippine court backs birth control

BBC - Tue, 2014-04-08 03:12
The Supreme Court in the Philippines approves a birth control law, despite a fierce fight by the influential Catholic Church.

Ukraine in bid to retake buildings

BBC - Tue, 2014-04-08 03:07
Ukrainian authorities say they have seized back control of one government building from pro-Russia separatists in the east, and hope to retake two others.

Scramble to fix huge security bug

BBC - Tue, 2014-04-08 03:05
A serious bug in software used by millions of web servers could have exposed anyone visiting sites they hosted to spying and eavesdropping.

Canoe death conman 'has repaid £121'

BBC - Tue, 2014-04-08 03:02
Convicted conman John Darwin who faked his own death in a canoe, has paid back just £121 out of £679,000 a court ordered him to repay.

70 contenders - McIlroy's tough Masters task

BBC - Tue, 2014-04-08 02:57
Rory McIlroy is one of more than 70 potential winners in the most open Masters ever, says BBC Sport's Iain Carter

Fresh talks on Iran nuclear deal

BBC - Tue, 2014-04-08 02:57
Iran's foreign minister meets with world powers in Vienna to discuss a comprehensive deal over Tehran's nuclear programme.

Pistorius 'besotted' with girlfriend

BBC - Tue, 2014-04-08 02:50
South African athlete Oscar Pistorius tells his murder trial he was besotted with his girlfriend Reeva Steenkamp and they were planning a future together.

Government 'failing' food industry

BBC - Tue, 2014-04-08 02:44
A trade group accuses the Welsh government of failing to to do enough to support the food industry in Wales.

Why don't we like to talk about our pay?

Marketplace - American Public Media - Tue, 2014-04-08 02:41

President Obama is set to sign an executive order Tuesday prohibiting federal contractors from retaliating against workers who discuss their salaries.

This effort to increase wage transparency has another obstacle: our workplace culture, in which asking your cube-mate what he or she makes is virtually taboo.

"Well, it's said that Americans love to talk about sex, but don't like to talk about their salaries," says Gary Burtless, a labor economist at the Brookings Institution. 

However, many employers also have policies discouraging or prohibiting workers from sharing compensation information. That’s despite the fact that the National Labor Relations Board considers wage discussions a ‘protected’ activity.

AUDIO: Samsung forecasts drop in profits

BBC - Tue, 2014-04-08 02:36
Kantar WorldPanel ComTech's strategic director Dominic Sunnebo discusses Samsung's forecasted drop in profits.

Most scarlet fever cases in 20 years

BBC - Tue, 2014-04-08 02:28
More cases of scarlet fever are reported since the start of the year than occurred during the whole of 2013, and already the most since 1994.

Banco Popular retreats toward its home base

Marketplace - American Public Media - Tue, 2014-04-08 02:16

Banco Popular is based in Puerto Rico, but it has operations in mainland U.S. cities like New York and Miami. A recent news report says the bank is looking to sell its branches in Chicago and Los Angeles.

Just four years ago, Banco Popular rebranded itself in those cities as Popular Community Bank, hoping to broaden its customer base. Now it's moving in the opposite direction.

"At some point it makes sense for the company to exit the market," says Mark Palmer, managing director of BTIG, "and focus on its operations in Puerto Rico, where it's gaining market share, gaining deposits." And, making better profits.

At home in Puerto Rico, Banco Popular gets a better spread between the interest it pays depositors and the interest it gets paid on loans. Banco Popular is the island's biggest bank, and even in a weak economy, it's been growing.

Analyst Brian Klock watches Popular for the investment bank Keefe, Bruyette and Woods. He thinks that this move to streamline could be partly intended to please bank regulators.

Popular wants to pay back TARP bailout funds, so it can start paying dividends to shareholders again. Before regulators accept that payment, they require proof that the bank is in good shape, and well-run.

"That's because the regulators are focused on making sure we don't go through this again," he says, referring to the 2008 financial crisis.

Klock thinks that's good news for the rest of us. "The regulator is doing his job," he says, "to try to make sure this is a safe and sound banking system."

*CORRECTION: An earlier version of this story included a photograph of the incorrect bank. The photo has been corrected.

Venezuela opposition set talks terms

BBC - Tue, 2014-04-08 02:04
The opposition in Venezuela says it will enter into talks with the government under certain conditions - which would include a live TV broadcast.

World 'needs Plan B' on climate - UN

BBC - Tue, 2014-04-08 01:51
The world needs a Plan B on climate change because politicians are failing to reduce carbon emissions, according to a UN report.

£25m upgrade for Alloa bottling site

BBC - Tue, 2014-04-08 01:37
Major glass manufacturing firm Owens-Illinois is investing £25m in a Clackmannanshire whisky bottling plant.

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