National / International News

Russia Takes Helm Of UN Security Council, Turns Focus On Ukraine

NPR News - Tue, 2014-06-03 12:08

In June, Russia serves as the president of the United Nations Security Council. Already, that has meant a focus on Ukraine. Russia wants the Ukrainian government to end its military crackdown on separatists. It has also called for consultations on the humanitarian situation in the country.

» E-Mail This

In Warsaw, Obama Vows To Keep Rattled Allies Out Of Russian Orbit

NPR News - Tue, 2014-06-03 12:08

President Obama is starting a European trip in Poland, where he will meet allied leaders from central and eastern Europe. They are worried about Russia's intentions after the recent events in Ukraine.

» E-Mail This

As Polls Close, Many Syrians Fear The Days To Come

NPR News - Tue, 2014-06-03 12:08

Some Syrians fear that after the elections, President Bashar Assad's regime will get worse. They suspect that truces will evaporate, arrests will increase and more of the country will be partitioned.

» E-Mail This

In Competition To Host Olympics, Less Clamor Than Crickets

NPR News - Tue, 2014-06-03 12:08

The Polish city of Krakow is only the latest to withdraw its bid for the 2022 Winter Olympics after a public referendum. So many localities have dropped out of the running that the games might just be hosted by the last contender standing. Robert Siegel talks with Olympic historian David Wallechinsky about what's behind the loss of interest.

» E-Mail This

As World Cup Approaches, Brazilians Aren't Exactly Thrilled

NPR News - Tue, 2014-06-03 12:08

New poll numbers from the Pew Research Center show widespread dissatisfaction in Brazil as the country prepares for the World Cup. The president gets negative marks, and few think the tournament will be positive for Brazil.

» E-Mail This

In Syria, A Tense Election Day With Winner Little In Doubt

NPR News - Tue, 2014-06-03 12:08

Syrians are voting in the country's presidential election, even as a civil war continues to rage around them. Sam Dagher of The Wall Street Journal is in Syria, and he discusses the disputed election.

» E-Mail This

Nato to bolster Europe defences

BBC - Tue, 2014-06-03 12:06
Nato pledges to bolster its defence capabilities in response to Russian actions in Ukraine, but says it will stick to a key deal with Moscow.

First minister makes public apology

BBC - Tue, 2014-06-03 12:03
Northern Ireland First Minister Peter Robinson makes a public apology for any offence caused to Muslims by his defence of Pastor James McConnell.

Two men killed in separate crashes

BBC - Tue, 2014-06-03 11:56
A 68-year-old man dies in a crash in Newry, County Down, and a 36-year-old motorcyclist is killed in a crash in Portaferry.

EU urges UK to overhaul council tax

BBC - Tue, 2014-06-03 11:52
The European Commission says the UK should raise taxes on higher value properties, build more homes and adjust the Help to Buy scheme to help boost growth.

Hate mail sent to town residents

BBC - Tue, 2014-06-03 11:44
A spate of malicious letters sent to people in and around Holt in Norfolk is being investigated by police.

For American Express, low-income is the new black

Marketplace - American Public Media - Tue, 2014-06-03 11:44
Wednesday, June 4, 2014 - 05:03 Pixabay

A new documentary from the director of "An Inconvenient Truth" is called "Spent: Looking For Change."  It’s about people living on the margins of the American financial system. And it has an unlikely sponsor: American Express.

"Spent" profiles several families as they navigate check cashing services, payday lenders and, of course, the fees that come with low balances and overdrafts.

About one in three Americans has no relationship with a bank at all, or a tenuous one. All told, this segment of the population spends around $90 billion a year on fees. AmEx wants a piece of that pie. The company, which has traditionally focused on the wealthy, is redirecting that focus to low income consumers.

"We really want to move our brand from being an exclusive brand to being a welcoming and inclusive brand," says Dan Schulman, president of enterprise growth at American Express.

Amex teamed up with Walmart to offer an all-mobile banking service called Bluebird. They've also rolled out a line of pre-paid cards. The services don’t rely on steep fees that usually come with financial products targeted at low-income customers.

"We’re trying to reimagine the consumer financial services landscape in a way that’s very different from traditional bank branches," explains Schulman.

Thanks to the ubiquity of smart phones and internet access, there’s currently a race to the bottom in financial services.

"We’re talking about tens of millions of people," says Andrew Zolli, author of "Resilience: Why Things Bounce Back." "Not all of them with lots of money, but if you put them together, it’s real money."

Case in point: last year, venture capitalists put almost $1 billion into financial start-ups, mostly catering to low and middle income Americans.

"We're talking about new kinds of accounts that provide the same kinds of functions of a traditional financial services relationship without the same kind of high cost," says Zolli.

American Express is the first major financial institution to aggressively target lower income consumers in this way, but Zolli expects other big players will soon follow suit.

Marketplace Morning Report for Wednesday June 4, 2014by Stacey Vanek SmithPodcast Title For American Express, low-income is the new blackStory Type FeatureSyndication SlackerSoundcloudStitcherSwellPMPApp Respond No

Curveball: Where teachers play hooky

Marketplace - American Public Media - Tue, 2014-06-03 11:37
<a href="http://marketplaceapm.polldaddy.com/s/absentee-teachers">View Survey</a>

Curveball: Where teachers play hooky

Marketplace - American Public Media - Tue, 2014-06-03 11:37
<a href="http://marketplaceapm.polldaddy.com/s/absentee-teachers">View Survey</a>

School abuse report 'suppressed'

BBC - Tue, 2014-06-03 11:28
A health professional who reported widespread child abuse at a Rochdale school for vulnerable boys tells the BBC he believes his report was "suppressed".

In Ireland, A Macabre Discovery At Old Home For Unwed Mothers

NPR News - Tue, 2014-06-03 11:16

The bodies of almost 800 children were discovered in an unmarked septic tank. The facility was run by nuns from 1925-1961.

» E-Mail This

June 4: The Day That Defines, And Still Haunts China

NPR News - Tue, 2014-06-03 11:16

Suppressing its own people with tanks and guns 25 years ago was a pivotal act of modern China. Beijing hoped economic prosperity would make people forget. But the legacy of Tiananmen remains potent.

» E-Mail This

Lace up and cover some ground

Marketplace - American Public Media - Tue, 2014-06-03 11:15

From the Marketplace Datebook, here's a look at what's coming up Wednesday, June 4:

In Washington, the Commerce Department reports on international trade for April.

The Senate Budget Committee holds a hearing on "The Impact of Student Loan Debt on Borrowers and the Economy."

The Federal Reserve releases its latest Beige Book summary of commentary on current economic conditions.

And it's a day to run around town...or many miles. June 4 is National Running Day.

Lace up and cover some ground

Marketplace - American Public Media - Tue, 2014-06-03 11:15

From the Marketplace Datebook, here's a look at what's coming up Wednesday, June 4:

In Washington, the Commerce Department reports on international trade for April.

The Senate Budget Committee holds a hearing on "The Impact of Student Loan Debt on Borrowers and the Economy."

The Federal Reserve releases its latest Beige Book summary of commentary on current economic conditions.

And it's a day to run around town...or many miles. June 4 is National Running Day.

VIDEO: Madeleine police start to dig

BBC - Tue, 2014-06-03 11:12
Police officers investigating the disappearance of Madeleine McCann have been seen using spades and pitchforks in a cordoned-off area of land in Praia da Luz.
ON THE AIR
Fringe Benefits
Next Up: @ 09:00 pm
Jazz Set

KBBI is Powered by Active Listeners like You

As we celebrate 35 years of broadcasting, we look ahead to technology improvements and the changing landscape of public radio.

Support the voices, music, information, and ideas that add so much to your life.Thank you for supporting your local public radio station.

FOLLOW US

Drupal theme by pixeljets.com ver.1.4