National / International News

Row over 'racist' posters in city

BBC - Mon, 2014-04-07 13:54
A row erupts over posters in Belfast that claim NI people are being denied jobs while hundreds of overseas workers are receiving higher wages.

Rwanda Honors Dead, Celebrates Progress, 20 Years After Genocide

NPR News - Mon, 2014-04-07 13:46

The brutality that began in Rwanda in April 1994 left 800,000 dead in just over three months. Some collapsed in grief as the country marked the anniversary of those dark days.

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Rwanda Honors Dead, Celebrates Progress, 20 Years After Genocide

NPR News - Mon, 2014-04-07 13:46

The 100 days of brutality that began in Rwanda in April 1994 left 800,000 dead, and is the fastest genocide in history.

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The Future Of Clean, Green Fish Farming Could Be Indoor Factories

NPR News - Mon, 2014-04-07 13:45

Aquaculture in the U.S. has lagged because of opposition from environmentalists and people living on the coast. But entrepreneurs say they've found a way to produce fish on land with little pollution.

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VIDEO: Man with hammer attacks tourists

BBC - Mon, 2014-04-07 13:36
Three female tourists suffered serious head and facial injuries during a hammer attack in a hotel in London.

Tottenham Hotspur 5-1 Sunderland

BBC - Mon, 2014-04-07 13:35
Tottenham produce a superb performance to increase the pressure on the Premier League's bottom side Sunderland.

'The Tech Sector': Growing, and growing vaguer

Marketplace - American Public Media - Mon, 2014-04-07 13:34

Anyone remember when Homer Simpson created "Compu-Global-Hyper-Mega-Net"?  Marge asks him what, exactly, his company does, and he responds, “Eh, this industry moves so fast it's really hard to tell.”

It was emblematic of a time in American economic history where tech and the Internet were exploding – a period that ultimately ended in a deafening "POP" sound when the bubble burst. These days, with social media companies that don't even earn any money valued in the billions, it's worth asking the same question. Especially when tech shares are losing value as they started to do last Friday, and are continuing to do today.

"The Tech Sector" is of course a very vague term that many economists and the Bureau of Labor Statistics haven't quite settled on, so it's hard to make anything but vague estimates for its actual size. You can play around with the numbers yourself here. By one gauge, the sector employs 1.3 to 2.5 million people. That's out of 138 million people total employed in the U.S.

But its impact is wider than that.

"What the tech sector historically has done, and continues to do today, is come up with new ways of doing business for all companies and all industries," says Matt Slaughter, director of the Center for Global Business and Government at Dartmouth's Tuck School of Business, "in addition to cool technology innovations."

One way an economy becomes more productive is through new technology -- and the tech sector embodies that, of course. 

So, does the fact that tech stocks are taking a beating signify a major problem under the hood of our economic engine?

"It's not unusual," says Stuart Freeman, chief equity strategist with Wells Fargo Advisors.  He says tech stocks did well over the past year, and it's normal that at some point people wanted to cash out. "After a while you see investors take profits in the meat of the tech sector, some of the larger companies."

When that happens, it often nudges other investors to do the same thing, a bit like a run on the bank. Not a catastrophic one, but a distinguishable one nonetheless. 

And what we’re seeing isn’t a rash, he adds.  Friday was bad, but most tech stocks are only down between .7 and 1 percent over the year so far.  And nothing he’s seen changes his estimate that tech stocks will grow 5-6 percent over the next year.

Measuring the tech sector: How big is it, really?

Marketplace - American Public Media - Mon, 2014-04-07 13:34

Anyone remember when Homer Simpson created "Compu-Global-Hyper-Mega-Net?"  Marge asks him what, exactly, his company does, and he responds, “Eh, this industry moves so fast it's really hard to tell.”

It was emblematic of a time in American economic history where tech and the Internet were exploding – a period that ultimately ended in a deafening "POP" sound when the bubble burst. These days, with social media companies that don't even earn any money valued in the billions, it's worth asking the same question. Especially when tech shares are losing value as they started to do last Friday, and are continuing to do today.

"The Tech Sector" is of course a very vague term that many economists and the Bureau of Labor Statistics haven't quite settled on, so it's hard to make anything but vague estimates for its actual size. You can play around with the numbers yourself here. By one gauge, the sector employs 1.3 to 2.5 million people. That's out of 138 million people total employed in the U.S.

But its impact is wider than that.

"What the tech sector historically has done, and continues to do today, is come up with new ways of doing business for all companies and all industries," says Matt Slaughter, director of the Center for Global Business and Government at Dartmouth's Tuck School of Business, "in addition to cool technology innovations."

One way an economy becomes more productive is through new technology -- and the tech sector embodies that, of course. 

So, does the fact that tech stocks are taking a beating signify a major problem under the hood of our economic engine?

"It's not unusual," says Stuart Freeman, chief equity strategist with Wells Fargo Advisors.  He says tech stocks did well over the past year, and it's normal that at some point people wanted to cash out. "After a while you see investors take profits in the meat of the tech sector, some of the larger companies."

When that happens, it often nudges other investors to do the same thing, a bit like a run on the bank. Not a catastrophic one, but a distinguishable one nonetheless. 

And what we’re seeing isn’t a rash, he adds.  Friday was bad, but most tech stocks are only down between .7 and 1 percent over the year so far.  And nothing he’s seen changes his estimate that tech stocks will grow 5-6 percent over the next year.

Can an executive order help close the pay gap?

Marketplace - American Public Media - Mon, 2014-04-07 13:30

President Obama is taking measures to try to close the gender pay gap. On Tuesday, Obama will sign an executive order that bans federal contractors from punishing workers who discuss what they're getting paid.

Although such a measure is already enshrined in law, supporters of the move say many people simply don't know they are legally permitted to talk about wages in the workplace.

Obama will also direct the Labor Department to adopt rules that require those same contractors to provide data on what employees are earning, broken down by race and gender. The orders will only apply to federal contractors, but that's not a small group. 

Samuel Estreicher directs the Center for Labor and Employment Law at the New York University School of Law and jokes - that "federal contractor" is basically a synonym "for multinational corporations, for U.S.-based multinationals."

Companies that have contracts with the federal government include some of the largest corporations in the world, and employ around 26 million people in the U.S.

Former Senate Rivals Team Up To Combat Campus Sexual Assault

NPR News - Mon, 2014-04-07 13:27

Sens. Claire McCaskill and Kirsten Gillibrand are calling for increased funding to bulk up the Department of Education's Office of Civil Rights.

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VIDEO: US investors bet on news start-ups

BBC - Mon, 2014-04-07 13:19
The financial future of the news business is uncertain, but lately US venture capitalists have been placing their bets on journalism.

Wayne Henderson, Jazz Crusaders Co-Founder, Dies

NPR News - Mon, 2014-04-07 13:18

The trombonist and three fellow musicians from Houston started one of jazz's most popular groups in the 1960s. As the times changed, so did their music — and their success magnified further.

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Home-delivery of groceries isn't new, Amazon

Marketplace - American Public Media - Mon, 2014-04-07 13:12

Amazon has just announced a new service, a device really. Dash. It’s a handheld bar code reader that lets consumers speak into it, or, scan items on their own shelves -- to buy more groceries from Amazon Fresh. Selected customers will begin testing the device this week in Amazon Fresh's handful of test markets.

Sounds very high tech. But not many web retailers have managed to succeed in the low tech business of delivering bread and milk. Programming chops don't help, if what you're trying to do is pack milk and eggs.

Men's NCAA Basketball Final Pits UConn Against Kentucky

NPR News - Mon, 2014-04-07 13:08

Monday night's NCAA basketball national championship matches two teams with a knack for dramatic finishes. Neither team was in last year's tournament.

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Police in 'corrupt cash kidnap plot'

BBC - Mon, 2014-04-07 13:06
Corrupt Flying Squad police officers were suspected of conspiring in a £50,000 kidnap plot, documents obtained by the BBC reveal.

Appeal for man missing for a year

BBC - Mon, 2014-04-07 13:06
Police renew an appeal to find a man who disappeared without trace a year ago.

VIDEO: Police Federation leaders to quit

BBC - Mon, 2014-04-07 13:05
The chairman and general secretary of the Police Federation of England and Wales have both announced their retirements after a "turbulent" period.

Jockeys must wait for National inquiry

BBC - Mon, 2014-04-07 13:05
Grand National jockeys must wait to learn of any punishment over the controversial start to the race and their later revolt.

Peaches Geldof dies aged 25

BBC - Mon, 2014-04-07 13:02
Peaches Geldof, daughter of musician Bob Geldof and the late Paula Yates, dies aged 25 - leaving a husband and two sons.

Donetsk 'people's republic' declared

BBC - Mon, 2014-04-07 12:55
Pro-Russian activists who seized the regional government building in the eastern Ukrainian city of Donetsk reportedly declare a "people's republic".
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