National / International News

Measles Outbreak In Ohio Leads Amish To Reconsider Vaccines

NPR News - Mon, 2014-06-23 23:31

Amish country in Ohio is being hit hard by a measles outbreak. Most Amish aren't vaccinated, so the disease has spread quickly. But a push for vaccination has found many takers.

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Tequila Nation: Mexico Reckons With Its Complicated Spirit

NPR News - Mon, 2014-06-23 23:28

Some of tequila's oldest traditions are fast being erased as international spirit conglomerates take over family businesses. And tequila makers are worried about their impact on the environment.

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As Sea Levels Rise, Norfolk Is Sinking And Planning

NPR News - Mon, 2014-06-23 23:27

Rising waters are threatening the giant naval base in Norfolk, Va., as well as the local businesses. The community is beginning to grapple with the reality, but many owners say they're staying put.

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With Cash And Fat Fryers, Americans Feed Cuba's Growing Free Market

NPR News - Mon, 2014-06-23 23:26

With more people traveling between Cuba and the U.S., money and goods are moving, too. The influx has allowed Cuban-Americans to become investors in the island's emerging private sector.

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War poets' battle restaged in wood

BBC - Mon, 2014-06-23 23:20
The trenches of World War One are recreated in a Monmouthshire wood in an open-air play marking the centenary of the conflict.

Peer in £2m 'repossession farce'

BBC - Mon, 2014-06-23 23:17
Police are investigating the attempted "repossession" of items worth £2m from the family seat of celebrity peer Lord Brocket.

Bannockburn 700th anniversary marked

BBC - Mon, 2014-06-23 23:10
Events are being held to mark the 700th anniversary of the Battle of Bannockburn, fought on 23 and 24 June, 1314.

Lung cancer awareness campaign call

BBC - Mon, 2014-06-23 23:07
Lung cancer campaigners call on health officials to warn people to look out for symptoms of the biggest cancer killer in Wales.

Jail fails to improve violence risk

BBC - Mon, 2014-06-23 23:02
HMP Winchester has not improved sufficiently since a previous damning report, the prisons watchdog finds.

UK teenager was 'radicalised by imam'

BBC - Mon, 2014-06-23 22:57
The father of a Briton who travelled to Syria tells the BBC he believes his son was radicalised by an imam at a UK mosque.

VIDEO: Red Arrows still flying high at 50

BBC - Mon, 2014-06-23 22:45
Tim Muffett meets the Royal Air Force Aerobatic Team, the Red Arrows, in their 50th display season.

Two Britons killed in Turkey crash

BBC - Mon, 2014-06-23 22:45
Two Britons have been killed and two more are in hospital after a "jeep safari accident" in Turkey, the Foreign Office says.

VIDEO: Cardiff to Syria: Journey to extremism

BBC - Mon, 2014-06-23 22:40
Security services estimate 500 young Britons have left the UK to fight for the militant Islamists, so where does their journey to extremism begin?

Iraq key refinery 'seized by rebels'

BBC - Mon, 2014-06-23 22:38
Sunni rebels in Iraq say they have fully captured the country's largest oil refinery at Baiji, north of Baghdad, after days of heavy fighting.

Fee-paying schools doubt Wales GCSEs

BBC - Mon, 2014-06-23 22:15
Fee-paying schools in Wales looks set to follow the new GCSE courses for England next year, fearing those set in Wales "lack credibility", BBC Wales learns.

Tasmania forest to remain protected

BBC - Mon, 2014-06-23 22:10
An Australian request to revoke the World Heritage Site status of part of the ancient Tasmanian forest to allow logging is rejected by a Unesco committee.

IRS Head Says No Obstruction Of Congress In Probe

NPR News - Mon, 2014-06-23 22:09

Commissioner John Koskinen brushed aside accusations Monday evening that the agency has obstructed investigations into the targeting of Tea Party and other political groups.

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Explaining the stock split: Some financial gymnastics

Marketplace - American Public Media - Mon, 2014-06-23 22:08

There are plenty of financial advisors out there who recommend that their clients take a hands-off approach to investing, and really only check on their portfolio once a quarter or even once a year.

If you're that kind of person, and you're invested in Apple, your latest stock check might have given you a bit of a jolt. That's because in May, Apple shares hit $600. And today they're at $90.

Hold on ... What? NINETY dollars?

Yes, NINETY. But before you break into a cold sweat, check the number of shares you have.

Back in May, you had 100 shares, each of which was trading at $600. Today you've got 700 shares. That's right, you've got seven times the number of shares. And guess what...$90 is about a seventh of $600.

Quick math check: 100 shares x $600 equals $60,000. Which is what you had in May.

And today? You've got 700 shares x $90, which equals $63,000. So, you've got about the same. Phew! In fact, you've got a little more. Yay!

So whatever happened between then and now seems to have done you a favor.

What happened was a stock split, specifically a seven-to-one stock split, which Apple implemented on June 9. The stock split is an interesting piece of gymnastics designed to please the investing crowd.

Specifically, it's designed to make it easier to invest. Not cheaper, because the value of the investment remains the same, but easier. And that makes sense, if you think about it: The mental hurdle involved in buying multiple shares in a company is easier to overcome if those shares are trading at $90 than if they're trading at $600.

So why don't all companies split their stock? The fact is that many do.

When your individual shares have such a high dollar value that you worry they might deter a sector of the public from buying them, it's worth splitting them. That way, your shares are more accessible to more people, and they may attract more investors. And your shares may go up.

It's strategic. But splitting your stock, purely because you feel your company shares  need a bit of a lift that you might get if they look less expensive, is a fool's errand. That's because there's no guarantee that the shares will go up. They could go down. And if they do go down, then suddenly you have a stock that looks not inexpensive, but cheap. And who wants to be seen in a cheap stock?

Abu Dhabi financing Manchester homes

BBC - Mon, 2014-06-23 22:00
Abu Dhabi United Group, which owns Manchester City football club, will invest in a £1bn plan by Manchester City Council to build new homes.

Ford says talks dates must be set

BBC - Mon, 2014-06-23 21:17
Dates for talks on flags, parades and the past must be finalised this week, says Alliance leader David Ford.

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