National / International News

FDIC Sues 16 Big Banks, Accusing Them Of Fixing Interest Rates

NPR News - Fri, 2014-03-14 13:40

The lawsuit claims the banks' manipulation of the London interbank offered rate caused failed U.S. banks to suffer substantial losses.

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For-profit colleges and concerns over 'gainful employment'

Marketplace - American Public Media - Fri, 2014-03-14 13:38

The Obama Administration has unveiled proposed new regulations on for-profit colleges and vocational programs. They're known as the "gainful employment" rules because career colleges are supposed to prepare their students for gainful employment.

That means jobs that pay enough to pay off those sizeable loans so many students take on. This isn't the first time the administration has tried to crack down on the multi-billion dollar for-profit college business.

Here's a look at some of the numbers involved in the rulemaking:

841 Pages

The number of pages in the U.S. Department of Education’s new Notice of Proposed Rulemaking, which spells out new guidelines on for-profit colleges and vocational programs. A previous version of the so-called "gainful employment" rule was tossed out by a federal judge, so the latest draft is an attempt to be "as legally bullet-proof as possible," says New America Foundation policy analyst Ben Miller. 

$150 Billion

The approximate size of the federal student aid program. Career programs that don’t meet the proposed new guidelines could lose access to this huge source of revenue. 


The maximum default rate for career programs eligible for federal student aid. Under the proposed rules, programs risk losing eligibility for federal student aid if more than 30 percent of their former students are in default after three years of leaving school, or if graduates have to spend more than 8 percent of their earnings (or more than 20 percent of their discretionary income) on student loan payments.


The estimated percentage of programs that would fail under the new guidelines. Most of them are at for-profit colleges. Programs would have time to improve before becoming ineligible for aid.

60 days

The number of days the public has to comment on the draft regulations before they're finalized.

Militants 'attack Nigeria barracks'

BBC - Fri, 2014-03-14 13:35
Suspected Islamist militants from Boko Haram attack an army barracks in the Nigerian city of Maiduguri., with deaths reported on both sides.

The 5 second rule actually works

Marketplace - American Public Media - Fri, 2014-03-14 13:34

The five second rule: The idea that if you drop food on the floor you can still eat it, provided you pick it up fast enough.   There's a study out of Birmingham, England on the topic. They tested toast, pasta, biscuits (the British kind), ham, dried fruit, and a sticky dessert, dropped on both smooth tiles and on carpeting for anywhere from 3 to 30 seconds.   The upshot?   Carpets leave less bacteria than tiles...and five seconds is basically alright.        Also, they found 87 percent said they would eat food that had fallen on the floor, with more than half of them women.

Ulster 26-13 Scarlets

BBC - Fri, 2014-03-14 13:20
Stephen Ferris returns after a 15-month absence to help Ulster secure to a 26-13 bonus-point win over Scarlets.

US accuses 16 banks of Libor fraud

BBC - Fri, 2014-03-14 13:19
A US regulator sues 16 banks - including some of the world's largest - for allegedly manipulating the London interbank offered rate (Libor).

Russian diplomat 'stabbed' in fight

BBC - Fri, 2014-03-14 13:11
A Russian diplomat was found stabbed following a drunken quarrel in Ottawa, Canada, according to local media.

Edwards praises record-breaking prop

BBC - Fri, 2014-03-14 13:07
Wales defence coach Shaun Edwards says Gethin Jenkins is one of the most intelligent props to have played the game.

US entrepreneur jailed for beating

BBC - Fri, 2014-03-14 12:55
The co-founder of frozen yogurt chain Pinkberry is sentenced to seven years in prison for beating a homeless man in Los Angeles with a tyre iron.

Peer 'concern' over crash helicopter

BBC - Fri, 2014-03-14 12:53
A Northern Ireland peer killed in an air accident in Norfolk along with three others, had raised concerns about the helicopter that crashed, the BBC learns.

FBI-sting paedophile jailed for life

BBC - Fri, 2014-03-14 12:46
A former trainee teacher caught 11 years ago in an FBI sting targeting paedophiles is jailed for life for trying to abduct two girls.

Life in 'misery city'

BBC - Fri, 2014-03-14 12:43
Is Singapore really the world's gloomiest place to live?

'You're too smart,' and other jibes about being single

BBC - Fri, 2014-03-14 12:39
'You're too smart,' and other jibes about being unmarried

Benefit changes tackle 'dependency'

BBC - Fri, 2014-03-14 12:32
Big benefit changes, which start being introduced in Wales next month, will help transform a "dependency" culture, according to Welfare Reform Minister Lord Freud.

Companies Tap Celebrity Power For Extreme Vegetable Makeover

NPR News - Fri, 2014-03-14 12:31

If mom can't nudge kids to eat veggies, Maybe Disney teen stars will be more effective. Increasingly, companies are marketing healthy food to kids. Turns out, it's good for their bottom line, too.

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That extra hour of daylight finally comes in handy

Marketplace - American Public Media - Fri, 2014-03-14 12:21

Here’s an extended look at what’s coming up next week:

  • The Federal Reserve releases its Industrial Production report for February.
  • You attend a parade and drink green beer. You wonder, what did people do to celebrate St. Patrick's Day during prohibition? (You don’t think about this for too long.)
  • On Tuesday, the Federal Reserve begins a two-day meeting on interest rates and the Labor Department issues its Consumer Price Index for February.
  • Engineer Rudolf Diesel was born on March 18, 1858. He invented the Diesel engine (duh).
  • Here's something to get you cooking: Wednesday is National Poultry Day.
  • On Thursday we get a glimpse at the housing market. The National Association of Realtors reports on sales of existing homes for February.
  • And it's the first day of spring. Time to clean, like, seriously. Did it occur to you that we gained an extra hour of daylight just to help us get that done? Because it just occurred to me.

VIDEO: US-Russia Ukraine crisis talks fail

BBC - Fri, 2014-03-14 12:11
US Secretary of State John Kerry has held talks on Ukraine with his Russian counterpart, Sergei Lavrov.

VIDEO: Car driver speared by metal rail

BBC - Fri, 2014-03-14 12:09
A man who was speared through his body by a metal rail in a car crash praises hospital staff for saving his life.

How many stars? Affordable Care Act user reviews

Marketplace - American Public Media - Fri, 2014-03-14 12:04

The deadline to enroll for Affordable Care Act health benefits is fast approaching. To get covered through state or federal health exchanges starting this year, most will need to enroll by March 31, 2014.

Maybe you’re on the fence about signing up for ACA insurance. Is it worth it? Will you be able to get the kind of coverage you need? Do medical offices know how to deal with ACA billing? Is a glitchy nightmare?

Smart consumers know to read up on any big purchase before buying, so we asked Marketplace listeners to give us their “user reviews” of being insured under the Affordable Care Act. Here’s what some of them had to say:

Jan in El Cajon, CA says she’s been pretty disappointed with what the Affordable Care Act has had to offer her 27-year-old daughter:

Jen in Collingswood, NJ says she’s generally satisfied with the affordability of the ACA plans, and hasn’t run into much trouble using her benefits:

And Cameron in Seattle, WA wishes the ACA offered drastically different coverage options than traditional plans, but she does appreciate how affordable it’s made her medications:

We also asked people to write their ACA user reviews on Facebook:

(function(d, s, id) { var js, fjs = d.getElementsByTagName(s)[0]; if (d.getElementById(id)) return; js = d.createElement(s); = id; js.src = "//"; fjs.parentNode.insertBefore(js, fjs); }(document, 'script', 'facebook-jssdk')); Post by APM: Marketplace.

If you have a review of what it’s like to be insured by the Affordable Care Act, please leave a comment below, join the conversation on Facebook or tweet us @LiveMoney. And for more information about the Affordable Care Act’s enrollment deadline and other important dates, visit

With All Eyes On The East, A Seige Mentality Settles On Kiev

NPR News - Fri, 2014-03-14 12:00

As the Crimean referendum approaches and Russia conducts military maneuvers near the border, many in Kiev say they feel under siege. They're convinced that Russian ambitions extend beyond Crimea.

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