National / International News

Here Are The Racist Emails Ferguson Officials Passed Around

NPR News - Wed, 2015-03-04 11:37

One email compares President Obama to a chimpanzee. Ferguson Mayor James Knowles said Wednesday that one employee has been fired and two others are on administrative leave.

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Gomis collapses during Spurs game

BBC - Wed, 2015-03-04 11:35
Swansea City striker Bafetimbi Gomis collapses on the pitch and has to leave on a stretcher during his side's game at Tottenham.

The Anti-Pollution Documentary That's Taken China By Storm

NPR News - Wed, 2015-03-04 11:30

A prominent journalist with a sick child quit her job and produced an eye-opening look at the consequences of China's air pollution problem. Some 200 million have watched it since the weekend.

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SNP 'could take safest Labour seat'

BBC - Wed, 2015-03-04 11:27
The SNP could win the safest Labour seat in Scotland and oust Charles Kennedy at the general election, according to a new poll

School apology over Palestinian slur

BBC - Wed, 2015-03-04 11:18
A North Lanarkshire school apologises after handing out a homework worksheet that called Palestinians "terrorists".

King v. Burwell: Oral arguments on Obamacare

Marketplace - American Public Media - Wed, 2015-03-04 11:15

The Supreme Court heard arguments in a case known as King v. Burwell, a challenge to the subsidies included in the Affordable Care Act — or Obamacare, as some may call it.

Marketplace's Dan Gorenstein was in the Supreme Court Chamber Wednesday morning for arguments. He says, one of the big takeaways from the hearing was that the justices all seemed to get it.

“While they spent 84 minutes debating legal theory, the most vocal justices on the left and the right spoke to the potential real world impact,” says Gorenstein. "We’re talking about millions of Americans potentially losing their insurance.”

Both Justice Antonin Scalia and Justice Samuel Alito, in a way, offered some sorts of contingency plans.

“Scalia talked about Congress coming up with a solution if these subsidies go away,” says Gorenstein. “Alito mentioned that the subsidies wouldn’t have to be eliminated immediately, potentially buying Congress some time.”

Why liberal arts colleges are struggling

Marketplace - American Public Media - Wed, 2015-03-04 11:12

These are tough times for  liberal arts colleges. Sweet Briar College announced Tuesday it could be closing 

"Fewer and fewer students want what they sell,"says Victor Ferrall, the former President of Beloit College and the author of “Liberal Arts at the Brink."

Gone are the days when kids and their parents are willing to pay for languid afternoon classes spent debating philosophy on a leafy quad. Today, says Ferrall, "education is very focused on a good job." 

In a 2014 national survey of college freshmen by UCLA, more students said they chose college to get a better job than to gain a general education.

For more, listen to our interview with Sweet Briar College president Dr. James Jones on the Marketplace Morning Report on Thursday, March 5.

Senate Fails In Bid To Override Obama's Veto On Keystone XL Pipeline

NPR News - Wed, 2015-03-04 11:02

The final vote was 62-37 – short of the two-thirds needed to override the presidential veto.

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Oligarch given North Sea deadline

BBC - Wed, 2015-03-04 10:52
Russian oligarch Mikhail Fridman has seven days to convince the UK government not to force him to sell newly acquired oil and gas assets in the North Sea.

Programs Help Students Cut Back On Booze, But Not For Long

NPR News - Wed, 2015-03-04 10:42

Most colleges have some sort of alcohol education program. One-time interventions do cut drinking, but only short term. They tend to work better for women, with with no benefit for men in frats.

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Few Clues On Health Law's Future Emerge In Supreme Court Arguments

NPR News - Wed, 2015-03-04 10:40

Will the Supreme Court strike down tax credits that help moderate-income Americans afford coverage in the three dozen states where the marketplace is being run by the federal government?

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Jawbone Fossil Fills Big Gap In Human Evolution, Scientists Say

NPR News - Wed, 2015-03-04 10:37

Writing in Science, scientists say the 2.8-million-year-old fossil appears to belong to an individual from the beginning of the ancestral line that led to humans.

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Champion jockey Hughes to retire

BBC - Wed, 2015-03-04 10:28
Three-time champion flat jockey Richard Hughes announces he will retire at the end of the 2015 season to become a trainer.

VIDEO: Cape Town wildfires from above

BBC - Wed, 2015-03-04 10:20
More than 100 South African firefighters are battling wildfires on the mountains around Cape Town.

UK bomb plot suspect found guilty

BBC - Wed, 2015-03-04 10:17
A Pakistani man extradited from the UK to the US has been found guilty of plotting bomb attacks in several countries.

VIDEO: Jawbone 'clue to first humans'

BBC - Wed, 2015-03-04 10:08
A jawbone, thought to belong to one of the world's very first humans, has been found in Ethiopia.

Obese need special help - minister

BBC - Wed, 2015-03-04 09:50
Overweight people who struggle to shed the pounds should be given incentives to lead a more healthy and active lifestyle, Conservative minister Claire Perry has said.

Using personal email addresses for work isn't uncommon

Marketplace - American Public Media - Wed, 2015-03-04 09:40

Hillary Clinton used a personal email account while Secretary of State instead of an official government address – a possible breach of open-records laws which will likely be much-discussed during the 2016 presidential campaign.

But setting aside Clinton and the particulars of her case, to what extent is this an issue in the corporate world?

Using a personal email for work is fairly common and often driven by convenience, says Jill Fisch, a law professor at the University of Pennsylvania. John Challenger, the CEO of the outplacement and research firm Challenger, Gray & Christmas Inc., says there’s often not a strict boundary between work and personal life these days. 

Still, many companies try to make employees use their email to preserve records or because it may be more secure. 

In regulated industries, using work email is a must, says Michael Rivera, chair of Venable LLP’s Securities Enforcement and Compliance Practice.

“Particularly broker dealers, for example, they have to have a system in place to capture every single email that comes in and out of that firm to be able to satisfy their obligations to retain emails."

Toyota tries to break out of its island mindset

Marketplace - American Public Media - Wed, 2015-03-04 09:40

For the first time in company history, Toyota promoted a non-Japanese employee — Frenchman Didier Leroy — to the level of executive vice president.

To many observers, it addresses a broader problem at Japan Inc.: That its products and organizations have evolved mainly to survive in the home market, and now, it’s time to globalize.

Arthur Alexander, an economist and visiting professor at Georgetown University, says Toyota sells lots of cars abroad, yet “upper management has been very traditional.” The Japan-based decision makers must adapt, because “they can see what’s happening around them to these post-war dynamic companies falling on hard times.”

One of Toyota’s wake-up calls was a quality crisis where cars suddenly accelerated. The company blamed bad drivers and floor mats, and a public relations disaster ensued. Independent analyst Alan Baum in West Bloomfield, Michigan, faults an insular, hierarchical corporate culture.

“Because the decision-making process was still restricted to a smaller group of people in Japan,” Baum says, “it simply took awhile to get up the chain and they weren’t able to act as quickly as they would like.”



The Fed's 2009 transcripts show 299 'instances of laughter'

Marketplace - American Public Media - Wed, 2015-03-04 09:40

The Federal Reserve released the transcripts of its 2009 meetings and conference calls today — all 1,648 pages of 'em.

A quick word search this morning revealed the following: In those pages, there are 237 mentions of the word "recession," 242 mentions of "interest rates," and, for what it's worth, 299 instances of laughter being noted in the transcript.

To be fair, sometimes macroeconomics can be kind of funny.

Also, in the March 2009 meeting, Janet Yellen, then the head of the San Francisco Fed, said the economy was so lousy that it needed so much help that the Federal Funds rate, the Fed's main interest rate, ought to have been at -0.6 percent.

Think about that for a minute.