National / International News

Gear up for Bike to Work Day

Marketplace - American Public Media - Fri, 2014-05-09 10:09

From the Marketplace Datebook, here's an extended look at what's coming up the week of May 12, 2014:

In Washington, a look at the nation's balance sheet. The Treasury Department is scheduled to release its monthly statement for April.

Here's a tourist opportunity. The Washington Monument reopens to the public. It's been undergoing repairs for earthquake damage since August 2011.

On Tuesday, the Commerce Department reports on retail sales for April.

National Police Week continues with a candlelight vigil at the National Law Enforcement Officers Memorial.

The Senate Budget Committee discusses, "Expanding Economic Opportunity for Women and Families.

And America will be spending some late nights with him in the future. Stephen Colbert turns 50.

That brings us to Wednesday. The Labor Department releases the Producer Price Index for April.

And thanks to him you are now obligated to publicly acknowledge the birthdays of people you may hardly know. Mark Zuckerberg turns 30.

On Thursday the Federal Reserve releases its monthly report on industrial production.

Friday is the anniversary of the first Academy Awards ceremony held in 1929. "Wings" took top honors for best picture, the only silent film to do so.

And put your high heels in your backpack for your daily commute. Friday is Bike to Work Day.

Snooker star charged with fraud

BBC - Fri, 2014-05-09 10:07
The former world number five snooker player Stephen Lee is charged with fraud by false representation.

A possible deal worth billions, but no billionaires

Marketplace - American Public Media - Fri, 2014-05-09 10:00

The sound of a reported $3.2 billion is music to Dr. Dre's ears, and not just because his company, Beats Electronics, deals in high-end headphones and sound equipment. If it happens, it would also make him the richest mogul on the Forbes' list of hip hop's wealthiest artists, surpassing Puff Daddy by $100 million.

Though, Forbes' Zack O'Malley Greenburg points out that while the rappers and producers on the list are very wealthy, none are actually billionaires. The rumored sale of his company to Apple would then bring Dre's net worth up to $880 million.

Here's a look at some of the wealthiest people in hip hop if the Beats buyout were to happen (with accompanying lyrics):

1. Dr. Dre - Net Worth: $880 Million (projected)

Chelsea Lauren/Getty Images for BET

"You gotta get it - get it. Get it playa. Count all the cash up. You gotta get it, get it, get it."

                                                                                                                                      - Dr. Dre, "Get Your Money Right"

2. Puff Daddy - Net Worth: $700 million

Kevin Winter/Getty Images for Clear Channel

"Still got cash to blow, raps that flow. Still them cats that know, pack ya flow. That's fo' sho'"

                                                                                                                                                      - Puff Daddy, “Bad Boy For Life”

3. Jay-Z - Net Worth: $520 million

Frederick M. Brown/Getty Images

"We push the hottest V's, peel fast through the city. Play Monopoly with real cash"

                                                                        -Notorious B.I.G. featuring Jay-Z, “I Love the Dough” 

4. Bryan “Birdman” Williams - Net Worth: $300 million

Amanda Edwards/Getty Images

"Vroom on a Yamaha chromed out 11 hundred. What I'm doin'? Gettin' money. What we doin'? Gettin' money."

                                                                                                                                                 - Bryan "Birdman" Williams, Stuntin' Like My Daddy

5. 50 Cent - Net Worth: $100 million

Jamie McCarthy/Getty Images

 

"Startin to feel like there's nothin left to talk about but the, money, money."

                                                                                                                                               -50 Cent, “Money”

Trott eyes Tour finale despite crash

BBC - Fri, 2014-05-09 09:53
Double Olympic track champion Laura Trott will find out on Saturday if she is fit to finish the Tour of Britain, led by Marianne Vos.

Apple + Beats = More Dr. Dre, less earbud?

Marketplace - American Public Media - Fri, 2014-05-09 09:51

Apple could be on the verge of its first multi-billion dollar acquisition. The Cupertino-based tech goliath is reportedly in talks with Beats about a $3.2 billion purchase of the company.

Beats, founded by Jimmy Iovine and rapper Dr. Dre, is known for its candy colored headphones and its new music streaming service, Beats Music.

If this deal goes through, it would be Apple’s largest acquisition to date. The second biggest was the 1997 purchase of Next software for $400 million -- the deal that brought Steve Jobs back to Apple.

“That is Apple’s history of acquisitions, they always do small, as we call tuck-ins, just to fill gaps in their technology or their product line, says Mike Levin, with Consumer Intelligence Research Partners. “So you would have to ask the question: What kind of gap does Beats fill?”

Levin says it’s highly unlikely Apple is interested in high-end headphones.  It’s the subscription based music streaming service, Beats Music, that’s potentially most valuable to Apple, whose existing music empire is built on 99 cent downloads. “The iTunes store, after growing explosively for several years, has kind of stagnated," says Levin.

Apple did create iTunes radio, but it’s not subscription based, and services like Pandora and Spotify have been much more successful. 

Ford Recalls Nearly 700,000 Vehicles To Fix Safety Problems

NPR News - Fri, 2014-05-09 09:51

The defects include a glitch that can stop the side curtain air bags from inflating in some rollover crashes, and exterior door handles that can bind and stop the door from latching properly.

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B league 'could wreck English pyramid'

BBC - Fri, 2014-05-09 09:31
A proposed B-league could "wreck" the English football pyramid, says Premier League chief executive Richard Scudamore.

Emails reveal rift over school meals

BBC - Fri, 2014-05-09 09:30
Officials warned that Nick Clegg was misleading the public over the cost of free school meals, leaked emails show.

Damning police report published

BBC - Fri, 2014-05-09 09:27
Ireland's police, a watchdog and the justice ministry fail to properly investigate claims of corruption and malpractice, a report finds.

VIDEO: Handling a heckler Obama style

BBC - Fri, 2014-05-09 09:24
US President Obama has been heckled during a Democratic National Committee fundraiser in California.

Giro d'Italia bike race begins in NI

BBC - Fri, 2014-05-09 09:16
The world's second-largest bike race, the Giro d'Italia, has begun in Belfast.

VIDEO: Story of William Burrell's daughter

BBC - Fri, 2014-05-09 09:13
A new book tells the untold story of Sir William Burrell's daughter who did not inherit any of his wealth after their relationship broke down.

Dating show man in murder confession

BBC - Fri, 2014-05-09 09:07
A contestant on a Turkish television dating show reveals he murdered his former wife and a former lover - and vows not to kill his next partner.

Weekendish: Mathematical adventures and aging

BBC - Fri, 2014-05-09 09:06
Some of the best from the website this week

Democrats Divided Over Participation In Benghazi Panel

NPR News - Fri, 2014-05-09 08:56

The House voted to establish a panel to look into circumstances surrounding the 2012 attack on the U.S. diplomatic mission in Benghazi, Libya, that killed the U.S. ambassador and three others.

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10 things we didn't know last week

BBC - Fri, 2014-05-09 08:49
People are more co-operative with warm things in their hands, and other nuggets from the week's news.

Man jailed over NHS job applications

BBC - Fri, 2014-05-09 08:43
A man who made 1,000 applications to get a job as an NHS doctor using false details is jailed for 15 months.

Rival leaders to hold S Sudan talks

BBC - Fri, 2014-05-09 08:40
South Sudan's president and rebel leader are to meet for the first time since violence erupted in December, claiming thousands of lives.

VIDEO: Devastation in Homs filmed by BBC

BBC - Fri, 2014-05-09 08:36
The BBC's Arabic service has visited the Old City of Homs in Syria, as government troops entered previously rebel-held areas of the city.

Whyte & Mackay brand sold for £430m

BBC - Fri, 2014-05-09 08:31
United Spirits (USL) says it has agreed to sell its Whyte & Mackay whisky business to a Philippine-based brandy producer for £430m.
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