National / International News

VIDEO: House of Commons

BBC - Thu, 2013-02-28 04:23
Shadow Commons leader Angela Eagle calls for a debate in Parliament on sexual harassment.

J.C. Penney sales plunge amid 'bumpy transition'

Marketplace - American Public Media - Thu, 2013-02-28 04:18

J.C. Penney had another tough quarter. Sales were down 28 percent -- more than half a billion dollars. 

When Ron Johnson became J.C. Penny’s CEO, in 2011, he crunched the numbers. 

“And his argument was,'This is ridiculous,’” says Jean-Pierre Dubé, professor of marketing at the University of Chicago’s Booth School of Business. “‘People are just coming for deals. What J.C. Penney needs to do is offer value.’”

So, Johnson invested in new merchandise, and built specialty boutiques in J.C. Penney stores. He also got rid of two things J.C. Penney was known for: Sales and coupons. 

That backfired, and last summer, he brought some of them back

According to Ken Homa, a marketing professor at Georgetown University’s McDonough School of Business, the retailer has sent some mixed messages.

“I think that consumers out there just have no idea what to think about J.C. Penney at this time,” he says.

Yesterday, on a conference call with investors, CEO Ron Johnson defended himself.

“I told you transformations are unpredictable and can be bumpy, and this one has been,” he said.

When Johnson started at J.C. Penney, he predicted there would be profits in a matter of months. Yesterday, he said the company’s transformation will take years.  

Angry Benitez confirms Blues exit

BBC - Thu, 2013-02-28 04:18
Rafael Benitez says he will leave Chelsea in May and the club made a "massive mistake" in giving him the title of "interim manager".

Was Benitez doomed from the start at Chelsea?

BBC - Thu, 2013-02-28 04:14
Was Benitez doomed from the start at Chelsea?

Delhi rape juvenile accused charged

BBC - Thu, 2013-02-28 04:05
A court in India formally charges a 17-year-old accused in the fatal gang rape of a woman in the capital Delhi last month with rape and murder.

US hackers 'attacked China websites'

BBC - Thu, 2013-02-28 04:04
Hackers from the US have repeatedly launched attacks on Chinese military websites, including that of the Defence Ministry, officials say.

River Clyde walkway wall collapses

BBC - Thu, 2013-02-28 04:00
Part of the quayside walkway along the River Clyde in Glasgow at Anderson Quay collapses.

On Benedict's Last Day, A Pledge Of Obedience To His Successor

NPR News - Thu, 2013-02-28 04:00

The first pope in about 600 years to voluntarily step down is headed to a life out of the public's eye. Now, the church's cardinals turn to the task of selecting a successor.

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UK educationalist wins TED prize

BBC - Thu, 2013-02-28 03:50
Dr Sugata Mitra, the man who set up computers in wall in the slums of India, has won the coveted $1m TED prize.

Benedict XVI and the two-pope problem

BBC - Thu, 2013-02-28 03:48
Vatican headache over Benedict XVI's new status

Ulster Bank had £1bn losses in 2012

BBC - Thu, 2013-02-28 03:47
Ulster Bank has reported losses of more than £1bn for 2012, a slight increase on the previous year - as part of parent group RBS's £5bn losses.

Instant ban for bad eyesight drivers

BBC - Thu, 2013-02-28 03:44
Motorists in south Wales could lose their licences immediately if their eyesight is found to be too poor, as police introduce random checks.

HMV administrators sell Asia shops

BBC - Thu, 2013-02-28 03:40
The administrators of HMV sell its six shops in Hong Kong and two in Singapore to private equity firm Aid Partners.

Temptations singer Street dies at 70

BBC - Thu, 2013-02-28 03:34
Former Motown vocalist Richard Street, a member of the Temptations for 25 years, dies at the age of 70.

Young jobless total falls slightly

BBC - Thu, 2013-02-28 03:29
The number of young people not in education, training or work in England has fallen slightly since this time last year.

The difficulty of dealing with groping

BBC - Thu, 2013-02-28 03:23
Office groping is back in the headlines. But it's a difficult subject to talk about and even define.

Fukushima 'increased cancer risk'

BBC - Thu, 2013-02-28 03:20
People living near the Fukushima nuclear plant in Japan have an increased risk of developing some cancers following the 2011 disaster, the World Health Organization says.

Court orders UK web piracy blocks

BBC - Thu, 2013-02-28 03:06
UK internet service providers must block access to three more sites offering links to pirated material, the High Court rules.

LHC wraps up antimatter 'flip' story

BBC - Thu, 2013-02-28 03:05
Researchers at the Large Hadron Collider have witnessed particles called D-mesons flipping from matter into antimatter and back.

AUDIO: Listen to Benitez's amazing rant

BBC - Thu, 2013-02-28 03:03
In a stunning interview with BBC Radio 5 live, Chelsea manager Rafael Benitez criticises the club's fans for the lack of support and says it was a massive mistake to name him as "interim" boss.
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Wait Wait... Don’t Tell Me! May 16th - Homer Theatre

Like you’ve never seen it before! Because, well, normally you can’t see it…it’s a radio show. A live staging of Wait Wait... Don’t Tell Me! presented by NPR, WBEZ-Chicago, and BY Experience, will be beamed to select cinemas across the country. Come see it on the big screen at the Homer Theatre Thursday, May 16th at 7pm. Tickets are $15 with partial proceeds benefiting KBBI. Tickets available at KBBI, the Bookstore and the Homer Theatre.

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