National / International News

JPMorgan Pays $614 Million In Mortgage Lending Fraud Case

NPR News - Tue, 2014-02-04 20:47

The nation's largest bank, JPMorgan Chase & Co., will pay $614 million and improve mortgage lending practices under a deal announced Tuesday to settle claims it approved thousands of unqualified home mortgage loans for government insurance and refinancing since 2002, costing the government millions of dollars when the loans defaulted.

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Pledge to help troubled Mexico state

BBC - Tue, 2014-02-04 20:41
Mexican President Enrique Pena Nieto pledges a budget boost in in the troubled western state of Michoacan where vigilantes have been battling a drugs cartel.

YouTube starts auditing video views

BBC - Tue, 2014-02-04 19:34
The video-sharing website YouTube says it is starting to "audit" the number of views a video has received.

Apprenticeship vacancies 'rise 24%'

BBC - Tue, 2014-02-04 19:06
Apprenticeships are growing in popularity among both employers and young people, according to figures from the National Apprenticeship Service.

'Obamacare' will reduce US workforce

BBC - Tue, 2014-02-04 18:57
The Obama health law will cut the number of full-time workers by 2.3 million as some curtail hours to hold on to subsidies, budget analysts say.

Lawmakers Look To Prevent More Target-Sized Data Breaches

NPR News - Tue, 2014-02-04 18:57

Target says it's "deeply sorry" for compromising the data of up to 110 million customers. Appearing before lawmakers Tuesday, company executives backed a faster move to encrypted, chip-enabled cards to prevent future fraud.

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ANZ customers win partial victory

BBC - Tue, 2014-02-04 18:54
Australia's Federal Court says late fees charged by banking giant ANZ to customers were unconscionable and exorbitant.

'Nudge unit' privatisation unveiled

BBC - Tue, 2014-02-04 18:40
A Cabinet Office policy unit aimed at "nudging" people into making better lifestyle choices has been re-launched as a joint venture mutual company selling its services to government.

Colombia army dismissal over spying

BBC - Tue, 2014-02-04 18:12
Colombia's government dismisses the army's head of security following reports that army agents spied on officials negotiating with Farc rebels.

Speedy cyclists are better looking

BBC - Tue, 2014-02-04 17:48
Top performers in the Tour de France were considered better looking in an experiment that shows the power of evolution, say scientists.

'Animal Pompeii' wiped out creatures

BBC - Tue, 2014-02-04 17:47
Scientists believe fossil beds in northern China are packed with the victims of a volcanic explosion much like that that hit the Roman City of Pompeii.

Pain 'dimmer switch' discovered

BBC - Tue, 2014-02-04 17:42
Pain sensitivity is controlled by a genetic "dimmer switch", which can potentially be re-set, a study on twins suggests.

Morgan Stanley pays out $1.25bn

BBC - Tue, 2014-02-04 17:28
Investment bank Morgan Stanley agrees to pay $1.25bn to settle a lawsuit over the sale of mortgage-backed securities.

Jackdaws protect nests 'with eyes'

BBC - Tue, 2014-02-04 17:26
Jackdaws' bright eyes frighten off their competitors, according to scientists.

When flirting makes you more loyal

Marketplace - American Public Media - Tue, 2014-02-04 17:20

It turns out that flirting makes you more loyal -- at least in a business sense.

A professor at Harvard Business School found that exposure to a new brand actually made the customer more committed to their original favorite brand

For example, the researchers asked people who were die hard Coca-Cola drinkers to name some good qualities of Pepsi, and vice versa.

In both cases, doing so made the customers return more fiercely to their preferred soda pop.

Maybe just don't try this on your spouse.

In pictures: Soviet posters of the silent screen

BBC - Tue, 2014-02-04 17:15
Soviet film posters of the 1920s

Young discouraged from skills route

BBC - Tue, 2014-02-04 17:12
Many young people who chose a vocational route over an academic one say they were actively discouraged from following that path, a survey suggests.

Maths teacher boost for colleges

BBC - Tue, 2014-02-04 17:10
Graduates who take up a maths teaching post at a further education college in England are to be given a "golden hello" of £7,500.

Pacific castaway 'mulled suicide'

BBC - Tue, 2014-02-04 16:58
The castaway who says he survived more than a year adrift in the Pacific has said he considered killing himself but was determined to survive.

New strain of 'deadly' bird flu

BBC - Tue, 2014-02-04 16:52
Experts are concerned about the spread of a new strain of bird flu that has already killed one woman in China.

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