National / International News

What do radicals and radishes have in common?

BBC - Tue, 2015-07-21 02:29
The link between the word 'radical' and radishes

'Dozens detained secretly' in Egypt

BBC - Tue, 2015-07-21 02:27
Dozens of people in Egypt have apparently disappeared after being detained secretly by the security forces, Human Rights Watch says.

Labour 'undermined' by rebellion

BBC - Tue, 2015-07-21 02:26
Labour MPs who defied the leadership over the government's Welfare Bill have undermined the party's attempts to regain power, its work and pensions spokesman says.

Turkey massacre suspect identified

BBC - Tue, 2015-07-21 02:24
Suspect identified in Turkey suicide bombing that killed 30 activists near Syrian border on Monday, prime minister says.

Clifford faces sex assault charge

BBC - Tue, 2015-07-21 02:23
Former celebrity publicist Max Clifford appears before magistrates charged with indecently assaulting a 17-year-old girl in the early 1980s.

Sterling scores on Man City debut

BBC - Tue, 2015-07-21 02:20
New Manchester City forward Raheem Sterling scores three minutes into his debut in a friendly against Roma on Tuesday.

Waiting times at A&E meet target

BBC - Tue, 2015-07-21 02:17
Scotland's accident and emergency departments meet a key waiting time target for the first time since weekly reporting began.

S4C TV viewing figures fall in Wales

BBC - Tue, 2015-07-21 02:16
There has been a 6% fall in the number of people who watched S4C on TV each week in Wales in the last year, according to the channel's annual report.

Habre forced to appear in court

BBC - Tue, 2015-07-21 02:06
Chad's former President Hissene Habre is forcibly brought to court for the second day of his trial for crimes against humanity in Senegal.

How's the Apple Watch doing? Wall St awaits clues

Marketplace - American Public Media - Tue, 2015-07-21 02:00

Apple releases third-quarter earnings Tuesday and analysts will be looking for a big bump in iPhone sales. They'll also be looking for hints about how the Apple Watch is doing.

Last year during the third quarter, Apple sold 35 million iPhones. This year, analysts predict somewhere in the neighborhood of 50 million.

If they're right, "This could be the first sign that the flagship Android phones are effectively done," says Andrew Uerkwitz of Oppenheimer, pointing out that phones that cost as much as the iPhone, like Samsung's Galaxy 6, don't sell nearly as well.

Apple has said it won't break out quarterly sales numbers for the Apple Watch, so analysts will be looking to other revenue categories, such as "other," for clues.

 

A boom in new hotel construction

Marketplace - American Public Media - Tue, 2015-07-21 02:00

The Baccarat Hotel and Residences is one of Manhattan’s newest hotels. As its name suggests, it is dripping in crystal, with enormous chandeliers, ornate vases — even its walls are made of what looks like undulating crystal glass.

It is the latest in a rash of new hotels that are opening across New York City, and the country. From Houston to Miami, cranes are busy erecting new hotels. In fact, over the past year, hotel construction is up 21 percent, according to data from STR, which analyzes the industry.

With so much competition, not to mention sites like AirBnB, hotel rates are staying relatively low. That’s welcome news not just for Americans looking to take a trip this summer, but also for Europeans, who have been hard hit by the strong U.S. dollar.

“The U.S. hotel industry is doing either well or really well, depending on where you’re at,” said Jan Freitag, a senior vice president for STR. “We broke records last year, we are breaking records this year. We have more rooms available than ever, but we’ve also sold more rooms than ever and generated more revenue than ever.”

For Europeans, this hotel boom couldn’t come at a better time. The dollar has been strengthening against the euro in recent months, diminishing their spending power and making America costlier than it has been in years.

“It’s getting more expensive,” said Dutch tourist Danny Engels, who was wandering through Times Square with his family recently. He had hoped to buy an Apple Watch, but decided against it because of the exchange rate.

But while Engels has curtailed his spending, he did not cancel his trip. Foreigners typically plan their trips months in advance, so unless it stays expensive for a sustained period, Europeans will continue flocking here, hotel experts predict. And that is good news, as there will certainly be enough hotel rooms to house them.

 

 

Five years on, Dodd-Frank still controversial

Marketplace - American Public Media - Tue, 2015-07-21 02:00

It’s been five years since the Dodd-Frank Act became law, with the goal of preventing the chaos of the 2008 economic crisis from happening again.

But the question whether it’s worked is just as polarizing as the law itself was back then. The law affects Wall Street, banks, whistleblowers, consumer protection, and other sectors of the financial industry.

Michael Greenberger, a law professor at the University of Maryland, says there have been flaws in the implementation of the law, but “the dangerous trading, to the extent Dodd-Frank reaches it and controls it, has been substantially mitigated because of the fact that it’s not a dark market anymore.”

In order to mitigate that “dangerous trading” that led to the 2008 market crash, the Securities and Exchange Commission had to write lots of new rules, and the agency isn’t done. Richard Williams of the Mercatus Center says the sheer number of new rules is too big a burden, particularly for banks. He says that makes it harder for banks to lend.

“I don’t think anybody knows precisely what this is going to do to the financial sector," he says.

The SEC says all those rules are making the financial markets stronger and more resilient.

An inflation of profits at Toshiba

Marketplace - American Public Media - Tue, 2015-07-21 01:58
$1.2 billion

That's how much Toshiba profits have been inflated over several years, according to an independent inquiry. On Tusday, CEO Hisao Tanaka and several other executives resigned in light of the findings. As Reuters reports, the scandal comes at a time when Prime Minister Shinzo Abe is trying to rebuild the country's reputation in the global financial market.

5 years

That's how long it has been since the Dodd-Frank Act became law. But even though it's been around for a while, that doesn't mean the Securities and Exchange Commission is done revising and adding new rules. It leaves some experts worried that too many rules will burden banks from lending.

21 percent

That's how much hotel construction has grown over the past year, according to data from STR. With this boom in competition, not to mention Airbnb, rates for hotel rooms have stayed low — a welcome development for Europeans visiting the U.S., as the dollar remains strong against the euro.

$55

That's how much Star Wars superfan Ken Landrum charged per file to re-create his 40-piece, 3-D printed Stormtrooper gun. By offering his design to the public, he is effectively offering merchandise eight months before the next Star Wars film hits theaters, and five months before the official wares from the movie are offered in Disney stores. The Wall Street Journal takes a look at what the era of home 3-D printing might mean for Hollywood merchandising.

£20

That's the value of the note which will get a bit of a face lift in the UK — for the past two months, the Bank of England accepted nominations from the public of British visual artists they thought should be featured on the new note. Among the nominees are Alexander McQueen, Beatrix Potter, and Marie Tussaud. Check out the full list of nominees here. From this list, 3-5 finalists will be chosen by an advisory committee, from which the Governor will pick the face of the new £20 note in spring 2016.

Fix found for 'critical' Windows bug

BBC - Tue, 2015-07-21 01:57
Microsoft has released an emergency patch for a "critical" bug present on almost every version of Windows.

Hole-in-one golfer's clubs go astray

BBC - Tue, 2015-07-21 01:55
A golfer who made a hole in one at The Open just days ago has been left without his clubs after they went astray during a flight to Switzerland.

In Transylvania, Donating Blood Will Get You Concert Tickets

NPR News - Tue, 2015-07-21 01:44

The Romanian region is the home of Dracula, but less than 2 percent of the people donate blood.

» E-Mail This

Sussex's Yardy announces retirement

BBC - Tue, 2015-07-21 01:33
Sussex all-rounder Michael Yardy announces he will retire from all forms of cricket at the end of the season.

Los Angeles Angels Blow Dry Their Wet Field With A Helicopter

NPR News - Tue, 2015-07-21 01:24

After the Angels had their first game rained out in 20 years, they called in the helicopter to dry out the field.

» E-Mail This

MP defends 9p car trip expenses claim

BBC - Tue, 2015-07-21 01:24
Conservative MP Rob Wilson, defends claiming 9p on expenses for a 352-yard car journey, but admits such a small claim might look "odd".

Newcastle sign £13m striker Mitrovic

BBC - Tue, 2015-07-21 01:14
Newcastle United sign Belgian league top scorer Aleksandar Mitrovic from Anderlecht for a reported £13m.

Pages