National / International News

City search for teenager stepped up

BBC - Thu, 2014-01-02 06:14
Police have launched a large-scale operation including sniffer dogs and up to 40 officers to search for a missing 18-year-old.

Rwanda exile 'murdered' in S Africa

BBC - Thu, 2014-01-02 06:07
Exiled former Rwandan intelligence chief Patrick Karegeya was apparently murdered in South Africa, police say.

Fiat hopes Chrysler deal will help it compete with VW, Toyota

Marketplace - American Public Media - Thu, 2014-01-02 06:07

The Italian carmaker Fiat has reached a deal to buy the rest of American automaker Chrysler, something it has wanted to do for years.

“The main reason is it will allow them to fully integrate as one company,” says Michelle Krebs, senior analyst with Edmunds.com.

Fiat hopes the deal will make it easier for them to compete with companies like Toyota and Volkswagen. Perhaps more importantly, Fiat desperately needs some of Chrysler’s cash.

According to analyst Dave Sullivan, with AutoPacific, Europe’s anemic economy hasn’t been good for auto sales.

“Chrysler is really helping to keep Fiat afloat during these difficult times,” he says.

Fiat’s relationship with Chrysler goes back to 2009, when Chrysler was in bankruptcy.

“I mean, you could say that Fiat was basically gifted a stake in Chrysler,” Sullivan says.

The rest of the company went to the UAW Retiree Medical Benefits Trust, which had considered an IPO to sell its shares.

With this agreement, that won’t happen. The UAW will sell its ownership stake in a deal valued at more than $4 billion.

Fiat reaches deal to buy rest of Chrysler

Marketplace - American Public Media - Thu, 2014-01-02 06:07

The Italian carmaker Fiat has reached a deal to buy the rest of American automaker Chrysler, something it has wanted to do for years.

“The main reason is it will allow them to fully integrate as one company,” says Michelle Krebs, senior analyst with Edmunds.com.

Fiat hopes the deal will make it easier for them to compete with companies like Toyota and Volkswagen. Perhaps more importantly, Fiat desperately needs some of Chrysler’s cash.

According to analyst Dave Sullivan, with AutoPacific, Europe’s anemic economy hasn’t been good for auto sales.

“Chrysler is really helping to keep Fiat afloat during these difficult times,” he says.

Fiat’s relationship with Chrysler goes back to 2009, when Chrysler was in bankruptcy.

“I mean, you could say that Fiat was basically gifted a stake in Chrysler,” Sullivan says.

The rest of the company went to the UAW Retiree Medical Benefits Trust, which had considered an IPO to sell its shares.

With this agreement, that won’t happen. The UAW will sell its ownership stake in a deal valued at more than $4 billion.

John Lewis reports healthy sales

BBC - Thu, 2014-01-02 06:06
Store chain John Lewis reports strong sales over the Christmas period, but rival Debenhams says its chief financial officer has resigned.

VIDEO: Nigella 'mortified' by court ordeal

BBC - Thu, 2014-01-02 06:04
Nigella Lawson has spoken about the trial of two of her former assistants, who were found not guilty of fraud after a court process which saw numerous allegations about the TV cook's personal life emerge. .

AUDIO: A 'dry January' is good for health

BBC - Thu, 2014-01-02 06:00
People abstaining from alcohol in January could see immediate health benefits, a study suggests.

Cardiff appoint Solskjaer as manager

BBC - Thu, 2014-01-02 05:56
Former Manchester United striker Ole Gunnar Solskjaer is appointed Cardiff City's new manager, replacing Malky Mackay.

Coma teacher's 'signs of recovery'

BBC - Thu, 2014-01-02 05:52
A teacher who was left in a coma after being attacked in Thailand two years ago is showing signs of recovery, his parents say.

Davies to miss most of Six Nations

BBC - Thu, 2014-01-02 05:52
Centre Jonathan Davies will not return to action until early March, ruling him out of the most of Wales' Six Nations campaign.

Jobless Claims Were Nearly Unchanged Last Week

NPR News - Thu, 2014-01-02 05:47

But the fact that 339,000 applications were filed — the fewest in a month — is a hopeful sign. Meanwhile, the most-anticipated news about the labor market each month, on the unemployment rate and job growth, won't be released until Jan. 10.

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Challenging new GED exams go all digital

Marketplace - American Public Media - Thu, 2014-01-02 05:35

Starting today, people who take the high school equivalency exam will face a test that's supposedly tougher and will only be offered via computer, no more paper and number two pencil. The test was created in 1942 at first to help military veterans get higher education without forcing them to return to high school after the experience of war. Emily Hanford, Education Correspondent for our documentary unit, American Radio Works, joins us to help explain.

Some university bosses 'had 8% rise'

BBC - Thu, 2014-01-02 05:24
Bosses at some prominent universities received pay rises of over 8%, or £22,000, last year, new figures suggest.

End protection of NHS spending - Fox

BBC - Thu, 2014-01-02 05:16
Ex-defence secretary Liam Fox calls for an end to the protection of NHS funding, saying the idea money could solve its problems had been "tested to destruction".

Sea wave victim searchers find body

BBC - Thu, 2014-01-02 05:15
The search for a man washed out to sea is called off after a body is found on the beach at Porthleven in west Cornwall.

How the Ryman League Zico lit up the Maracana

BBC - Thu, 2014-01-02 05:06
How Ryan-Zico Black's unusual name took him from playing in the Ryman League South to the Maracana

Stocks in 2013: All sugar rush, no substance?

Marketplace - American Public Media - Thu, 2014-01-02 04:58

The S&P 500 went up 29 percent in the year gone by. The Nasdaq Composite rose nearly 40 percent. But this has prompted an argument that stock prices in 2013 were like cotton candy, lots of size, but not a lot of substance. Marketplace's Economics guy Chris Farrell has been considering this.

The argument comes down to the idea that the gains of 2013 reflected more of the Fed's quantitative easing rather than any real economic improvement, and that prices are bound to come tumbling back down sooner or later. But does the claim that the stock markets' gains have no substance, hold up?

Click the audio player above to hear more.

Injuries in Kenya grenade attack

BBC - Thu, 2014-01-02 04:43
At least 10 people have been injured in a grenade attack at the Kenyan tourist resort of Diani, south of the port city of Mombasa, say police.

100 Million People In Path Of 2014's First Wintry Blast

NPR News - Thu, 2014-01-02 04:35

Parts of the Northeast and New England are expected to be hit the hardest today and Friday. More than a foot of snow may fall on Boston. The wind chill may plunge to 40 degrees below zero in the Adirondacks. Flight delays and cancellations are piling up along with the snow.

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Day in pictures: 2 January December 2014

BBC - Thu, 2014-01-02 04:33
24 hours of news photos: 2 January

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