National / International News

Urban areas are hives for wild bees

BBC - Fri, 2014-08-22 15:31
A study finds a "considerable richness" of bee species in urban habitats, suggesting cities could help maintain healthy populations of the vital pollinators.

Delays warning for rail travellers

BBC - Fri, 2014-08-22 15:28
Rail travellers are warned of long delays as £45m of work to redouble the line between Swindon and Kemble is completed.

BT warns of rise in phone bills

BBC - Fri, 2014-08-22 15:27
BT warns millions of customers it is increasing prices by up to 6.5% from December this year.

First terrace murder victim recalled

BBC - Fri, 2014-08-22 15:27
Blackpool fans pay tribute to the first person to be murdered inside an English football ground, 40 years after his death.

Politicians and their shipping containers

BBC - Fri, 2014-08-22 15:25
Why Pakistani political hopefuls have to have their own shipping containers - often customised at some expense.

Dancers set for street championships

BBC - Fri, 2014-08-22 15:18
Competitors from 30 different countries take part in the World Street Championships in Glasgow this weekend.

US anger at China 'air interception'

BBC - Fri, 2014-08-22 15:05
A Chinese fighter came perilously close to a US military patrol plane over international waters east of China's Hainan Island, the Pentagon says.

Colombia military meet Farc rebels

BBC - Fri, 2014-08-22 14:58
Members of Colombia's armed forces meet Farc rebel leaders for the first time at Havana peace talks, to discuss ways of implementing a ceasefire.

VIDEO: Beseiged Iraqi children lacking food

BBC - Fri, 2014-08-22 14:48
A resident of Amerli, 170km north of Baghdad, describes conditions in the town, which has been under siege by Islamic State militants for more than two months.

Ebola outbreak speed 'unprecedented'

BBC - Fri, 2014-08-22 14:00
The World Health Organization says the speed and extent of the Ebola outbreak is "unprecedented", as it confirms more deaths from the disease.

VIDEO: Suspected informants killed in Gaza

BBC - Fri, 2014-08-22 13:52
Hamas sources in Gaza say 18 people suspected of collaborating with Israel have been executed.

In New York And Ferguson, Two Deaths, Two Different Responses

NPR News - Fri, 2014-08-22 13:51

The death of Eric Garner, like the shooting of Michael Brown, sparked protests. But the reaction in New York has been entirely peaceful, thanks partly to quick responses by police and civic officials.

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Ward loses in US Open qualifying

BBC - Fri, 2014-08-22 13:43
British number two James Ward misses out on a place in the US Open main draw after losing his final qualifying match.

VIDEO: What are options in fight against IS?

BBC - Fri, 2014-08-22 13:41
As Foreign Secretary Philip Hammond announces Britain will not work with Syrian President Bashar al-Assad in the battle against Islamic State extremists, the BBC's Jeremy Bowen reports on the options in the fight against the IS regime.

Senegal defends Ebola border closure

BBC - Fri, 2014-08-22 13:36
Senegal defends the closure of its border with Guinea because of the deadly Ebola outbreak, after the WHO warned such measures are counter-productive.

Lennon killer denied parole again

BBC - Fri, 2014-08-22 13:31
Mark Chapman, the man who killed John Lennon in 1980, is denied parole for an eighth time by authorities in New York.

Dozens killed in Iraq mosque attack

BBC - Fri, 2014-08-22 13:26
Suspected Shia militants kill at least 68 worshippers at a Sunni mosque, in a blow to a government push for sectarian unity against IS militants.

Obama's Reaction To Ferguson Raises Questions About President's Role

NPR News - Fri, 2014-08-22 13:25

As the situation quiets down in Ferguson, Mo., some political observers are asking why it took President Obama so long to publicly weigh in on events there.

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Foot Locker profits jump, thanks to basketball and Nike

Marketplace - American Public Media - Fri, 2014-08-22 13:21

Today, Foot Locker reported its fiscal second quarter profits jumped 39 percent. And ‘jumped’ is the operative word, because those figures have a lot to do with basketball shoes and Nike.

Foot Locker’s net income for the quarter was $92 million. Equity analyst Sam Poser with Sterne, Agee & Leach says the company is doing a lot of things right.

Plus, he says, “athletic shoes are on fire. Basketball shoes specifically.”

Nike, he says, controls 95 percent of the basketball shoe business. The buzz largely surrounds its marquee names: Air Jordan. Kobe. LeBron. Kevin Durant.

The buzz persists, says Morningstar equity analyst Paul Swinand, because athletic companies and especially Nike, “do a fantastic job of limiting who gets what colors, what sizes and how many pairs.”

He says Foot Locker is a valuable partner to Nike, so it gets the most popular styles … in moderation.

“That ensures that supply is not quite meeting demand,” he says. “And it means that if the shoes are popular, they’re gonna be a little bit rare.”

Swinand says the two companies need each other … but Foot Locker might need Nike a little bit more.

Foot Locker profits jump, thanks to basketball and Nike

Marketplace - American Public Media - Fri, 2014-08-22 13:21

Today, Foot Locker reported its fiscal second quarter profits jumped 39 percent. And ‘jumped’ is the operative word, because those figures have a lot to do with basketball shoes and Nike.

Foot Locker’s net income for the quarter was $92 million. Equity analyst Sam Poser with Sterne, Agee & Leach says the company is doing a lot of things right.

Plus, he says, “athletic shoes are on fire. Basketball shoes specifically.”

Nike, he says, controls 95 percent of the basketball shoe business. The buzz largely surrounds its marquee names: Air Jordan. Kobe. LeBron. Kevin Durant.

The buzz persists, says Morningstar equity analyst Paul Swinand, because athletic companies and especially Nike, “do a fantastic job of limiting who gets what colors, what sizes and how many pairs.”

He says Foot Locker is a valuable partner to Nike, so it gets the most popular styles … in moderation.

“That ensures that supply is not quite meeting demand,” he says. “And it means that if the shoes are popular, they’re gonna be a little bit rare.”

Swinand says the two companies need each other … but Foot Locker might need Nike a little bit more.

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