National / International News

VIDEO: Climate change is 'greatest threat'

BBC - Mon, 2015-08-03 11:40
US President Barack Obama unveils his Clean Power Plan - his strategy to cut greenhouse gas emissions from US power stations by nearly a third by 2030.

Snail Venom Yields Potent Painkiller, But Delivering The Drug Is Tricky

NPR News - Mon, 2015-08-03 11:30

The drug derived from the venom of cone snails must be injected into the spinal column to get beyond a patient's blood-brain barrier and bring relief. But scientists think they may have a work-around.

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Egg prices are up, but chicken breast is not

Marketplace - American Public Media - Mon, 2015-08-03 11:30

The avian influenza that's been doing great damage to chicken and egg farms in parts of the U.S. has changed the economics of animal-based protein a bit. The price of eggs almost doubled from May to June, and has made them more expensive than chicken breasts for the first time on record.

Ed Fryar is CEO of Ozark Mountain Poultry in Rogers, Arkansas. He raises and sells chicken meat. 

"Business is still doing well," says Fryar. "It's not as good as it was earlier in the year, but we are still making money."

Poultry has a seasonal aspect to it, and Fryar says normally, he makes a lot of money off of his farm during Q3. Although the dip in revenue is small for Ozark Mountain Poultry, Fryar doesn't think the bird flu will go away anytime soon, which means the business will continue to struggle. 

"It's not so good, but it's part of the chicken business," says Fryar.

Man Utd's Rafael agrees to join Lyon

BBC - Mon, 2015-08-03 11:22
Manchester United's Brazil full-back Rafael da Silva will join French side Lyon on a four-year deal for an undisclosed fee.

Heavy Loads Of Pollen May Shift Flight Plans Of The Bumblebee

NPR News - Mon, 2015-08-03 11:03

Foraging bumblebees can pick up nearly half their weight in pollen before heading home to the hive, research shows. All that weight tucked into hollows on their hind legs can complicate flying.

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UK 'has a grip on migrant crisis'

BBC - Mon, 2015-08-03 10:53
The UK has "got a grip" on the migrant crisis in Calais, the foreign secretary says, as he confirmed 100 more guards would be deployed in its Eurotunnel terminal.

Wheelchair Beauty Queen Sings For Toilets

NPR News - Mon, 2015-08-03 10:44

She's Miss Wheelchair Nigeria and an activist for the disabled. Today, she introduced President Obama as he spoke to young African leaders. But she still faces discrimination in public bathrooms.

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Basketball (And The NBA) Try To Find Fans In South Africa

NPR News - Mon, 2015-08-03 10:32

Soccer is the national sport. But this was a big weekend for hoops in Johannesburg. Two top local teams faced off and the NBA played its first African exhibition game.

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VIDEO: Public beach closed for king reopens

BBC - Mon, 2015-08-03 10:31
A French beach which was closed for the king of Saudi Arabia reopens to the public, after he cut his holiday short.

President Obama Unveils New Power Plant Rules In 'Clean Power Plan'

NPR News - Mon, 2015-08-03 10:10

Key elements of the Clean Power Plan include a requirement that would cut the power industry's carbon pollution by 32 percent below 2005 levels in the next 15 years.

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US fires on non-IS fighters in Syria

BBC - Mon, 2015-08-03 09:56
US air power has been used for the first time to defend American-trained rebels in Syria against suspected al-Nusra Front militants, the Pentagon confirms.

Murder inquiry over fire death

BBC - Mon, 2015-08-03 09:55
A murder investigation is launched after a woman is found dead following a house fire on the outskirts of west Belfast.

Police hunt man in city murder probe

BBC - Mon, 2015-08-03 09:25
Police are searching for a man in connection with a murder investigation in Cardiff.

'Migrant' hoax: The selfies that fooled the internet

BBC - Mon, 2015-08-03 09:22
The selfies that fooled the internet

The Attack On Planned Parenthood Funding Is The Latest Of Many

NPR News - Mon, 2015-08-03 09:22

Flashback to the 1980s, when President Ronald Reagan tried to restrict funding for Planned Parenthood. Efforts in Congress have continued since then, with the latest focused on fetal tissue research.

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VIDEO: 'England to blame for Calais crisis'

BBC - Mon, 2015-08-03 09:11
The Deputy Mayor of Calais says migrants choose the UK because it is easy to get black market jobs

VIDEO: Dutch crane collapse injures 20

BBC - Mon, 2015-08-03 09:09
Twenty people are injured after two cranes employed to restore a bridge in the Dutch town of Alphen aan den Rijn collapse.

One Direction heading to number one

BBC - Mon, 2015-08-03 09:01
One Direction are storming to the number one spot on the UK Singles Chart after the surprise release of their new single Drag Me Down.

Texas Attorney General Turns Himself In On Fraud Charges

NPR News - Mon, 2015-08-03 09:01

Facing three felony charges that allege securities fraud, Texas Attorney Ken Paxton was processed at a county jail and released on bond Monday morning.

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Don't blame millennials for their financial woes

Marketplace - American Public Media - Mon, 2015-08-03 08:58

Despite attaining higher education levels than previous generations, millennials are earning significantly less money, according to the New York Times — and the future looks bleak.

In 2000, 19.5 percent of 18- to 34-year-olds earned a bachelor's degree, according to census data. That number grew nearly three percent between 2009 and 2013. But while this cohort has progressively become more educated, median income has decreased. It was $33,883 in 2009-2013 — a $3472 decrease from 2000, according to The Times. 

Steven Rattner, the article's author and a financier, ticks off several factors threatening the current and future economic well-being of millennials, including a “slow economy, high unemployment, stagnant wages and student loans,” along with “rising federal debt payments and increased spending on Social Security and Medicare.” 

Who’s to blame for this? Largely baby boomers, Rattner says. (He's a baby boomer himself.) 

“We were the children of the Greatest Generation, but we may also be the most irresponsible generation,” he adds.

The Great Recession was a major force behind the higher-education levels/lower-incomes paradox, Rattner says. By extension, he contends, millennials who didn’t attend college have been hit particularly hard. Now, money-managing tactics have changed, he writes. 

“Millennials...participate less frequently in 401(k) plans and, scarred by the recession, invest less and keep more than half their money in cash — not a great long-term strategy,” according to Rattner.

Rattner also writes that student debt has been a major blow to millennial finances. Average college tuition has risen by 234 percent since 1993 and, after adjusting for inflation, he says, average college debt has nearly doubled over the past two decades. He says as a likely result of their financial situation, fewer millennials have purchased cars and homes, and more are delaying getting married and having children.

Increasing federal debt levels could also compromise their lifestyles in the future, Rattner says. Projected debt will increase “from less than 80 percent of gross domestic product today to an estimated 181 percent of GDP by 2090.”

Millennials may miss out on Social Security and Medicare benefits as a result, Rattner says. 

According to the article, “...only 45 percent expect to receive Social Security benefits during retirement (compared with 68 percent of baby boomers).”

Rattner proposes a series of solutions to reverse the country’s economic plight, which include increased spending on areas such as education and research and development, making student debt more manageable, and decreasing Social Security benefits for the country’s highest earners.

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