National / International News

Police In Utah Seek Answers After 7 Dead Babies Found

NPR News - Mon, 2014-04-14 00:33

The discovery of seven dead babies in cardboard boxes in a Utah garage has police desperately seeking answers about how such a tragedy unfolded over a decade with no one noticing.

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China in 'record weapons seizure'

BBC - Mon, 2014-04-14 00:19
Police in China seize tens of thousands of illegal guns and knives, in what state media say is the largest-ever haul of its kind.

Supremacist ID'd As Suspect In Kansas Attacks

NPR News - Mon, 2014-04-14 00:12

The man accused of killing three people in attacks at a Jewish community center and Jewish retirement complex near Kansas City is a well-known white supremacist.

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VIDEO: In Bloom brings communities together

BBC - Mon, 2014-04-14 00:10
Green-fingered volunteers have been helping transform their neighbourhoods for the past 50 years as part of the Britain In Bloom campaign.

Official Says Sub Will Be Used In Search For Jet

NPR News - Mon, 2014-04-14 00:06

Crews will for the first time send a robotic sub into the Indian Ocean. It's trying to determine whether signals detected by sound-locating equipment are from the missing Malaysian jet's black boxes

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VIDEO: Farmland prices increase threefold

BBC - Mon, 2014-04-14 00:05
Over the last 10 years, the average price of English farmland has increased by three times according to the estate agents, Knight Frank.

Man dies after marathon collapse

BBC - Sun, 2014-04-13 23:50
A 42-year-old man who collapsed after finishing the London Marathon has died in hospital, organisers say.

Mind Over Milkshake: How Your Thoughts Fool Your Stomach

NPR News - Sun, 2014-04-13 23:22

What we think about food may change how our bodies respond to it. Sip what you think is a rich milkshake, and your body acts as if you've had a fatty treat, even if it's really a lower-calorie drink.

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A Gold Obsession Pays Dividends For Indian Women

NPR News - Sun, 2014-04-13 23:20

Gold is not just about ornamentation in India. It's an insurance policy against bad economic times and bad marriages. Enterprising Indian women are using it to get loans to start small businesses.

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Quirky, wild and majestic - that's 'Bubba golf'

BBC - Sun, 2014-04-13 23:01
How an unorthodox golfer with "issues" and described as a "freak show" won his second Masters at Augusta in three years

VIDEO: GP hours scheme 'to benefit 7m'

BBC - Sun, 2014-04-13 22:35
Patients in England will find out today if their GP surgery has been given funding to open for seven days a week.

South Korea sues tobacco firms

BBC - Sun, 2014-04-13 22:25
South Korea's state health insurer sues three tobacco firms, including the local unit of Philip Morris, to offset treatment costs for diseases linked to smoking.

VIDEO: Robot used 'to scour sea floor'

BBC - Sun, 2014-04-13 22:24
Teams searching for the missing Malaysia Airlines plane are to deploy a submersible into the Indian Ocean.

Legal marijuana creates Denver warehouse shortage

Marketplace - American Public Media - Sun, 2014-04-13 22:09

Business is booming for recreational marijuana dispensaries in Colorado, the first of their kind in the nation. Their success has tightened the commercial real estate market and raised warehouse rental rates, in what may be a sign of things to come for other states.

The shortage of warehouse space is particularly acute in the Denver region, where the vacancy rate has dropped from 6.1 percent to 4.2 percent in 2013. Since January, when Colorado became the first state to legalize recreational pot, dispensaries have been gobbling up warehouses to meet strong demand. So strong, in fact, that some dispensaries have been forced to ration their supplies. 

“We used to see approximately 100 people through our store every day. Now, we’re seeing approximately 300 people through our store every day,” says Luke Ramirez, co-owner of the Walking Raven dispensary - one of the first medical marijuana shops in Colorado to start selling recreational pot. 

Dispensaries can’t buy pot from outside providers, so they need warehouses to grow all of their own supply. 

“We have seen a dramatic increase in people who are looking for warehouse space, and a dramatic decrease in the amount of available warehouse space in Colorado, and especially in the metro Denver area,” says Taylor West, a spokesperson for the National Cannabis Industry Association. “Warehouse space that for some amount of time may have been difficult to sell, or harder to lease, are now in high demand in the area.” 

Landlords have been asking for increasingly higher rents. Ramirez, who pegs the current rent for one of his two warehouses at $20 per square foot -- the national average is $5 per square foot --  has been shopping for a third warehouse. He has seen more than a dozen properties. But so far, he says his insistence on due diligence, to have properties inspected and assessed, means he has been slower than his competition and lost out. In other instances, Ramirez found the landlord’s demands simply too expensive. 

“They want too much sometimes. They want a right to our profit sharing. It can become a much more complicated deal than just simply a tenant, landlord lease,” Ramirez says. 

The rise in warehouse rental rates is not uniform across the Denver industrial real estate market. It has been particularly acute for Colorado’s marijuana industry, because of its needs for particular kinds of warehouses that have the proper zoning, location, and potential to meet the high electricity demands of a pot growing operation. But, as prices have risen and supplies dwindled, other industries that require warehouses have begun to feel the impacts. Denver’s commercial real estate agents report a very tight market and rising rents for all kinds of warehouses. 

“Everything I’ve read and heard from realtors is, it’s not only about fully leased, but also leasing at a little bit higher rates than in our history,” says Kelly Brough, CEO of the Denver Metro Chamber of Commerce. 

Alaskan voters will decide in a ballot measure this summer whether to become the next state to legalize recreational marijuana. Taylor West expects to see a similar story for the commercial real estate industry there, and in other states that have legalized pot. 

“Each state is handling the regulations around growing slightly differently. So, it depends on the cultivation rules that are being put in place," West says. "And in some of these cases, either the state is involved in the growing or is pinpointing the areas where the grows can happen, but regardless, it’s going to be an area that continues to need more space." 

Williams begins uni chancellor role

BBC - Sun, 2014-04-13 22:05
The former Archbishop of Canterbury, Lord Rowan Williams, is to be installed as the new chancellor of the University of South Wales.

Russia urges caution in east Ukraine

BBC - Sun, 2014-04-13 22:03
Russia urges Kiev to avoid force in eastern Ukraine, as a deadline for pro-Russian militants to leave occupied government buildings passes.

Work starts to protect rare seabird

BBC - Sun, 2014-04-13 21:59
Work is under way to protect one of the UK's rarest seabirds which breeds on a shingle beach in north Wales.

£3m to tackle sporting inequalities

BBC - Sun, 2014-04-13 21:53
An extra £3m is being invested to encourage more women, girls, ethnic minorities and disabled people to take up sport in Wales.

Robotic sub to search for MH370

BBC - Sun, 2014-04-13 21:23
Teams searching for missing Malaysia Airlines flight MH370 are to deploy the Bluefin-21 robotic submarine for the first time.

NI jobs growth 'best in UK regions'

BBC - Sun, 2014-04-13 21:17
Northern Ireland private sector firms reported the fastest rate of employment growth of all UK regions last month, according to new data from the Ulster Bank.

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