National / International News

PODCAST: Implementing Chip and PIN; 25th Anniversary of Tiananmen Square

Marketplace - American Public Media - Wed, 2014-06-04 07:26

More on Mel Watt, the man behind the Federal Housing Finance Agency, and overseer of Fannie Mae and Freddie Mac. Plus, with Sam's Club offering the country's first Chip and PIN credit cards, a look at the barriers to switching to the more secure technology. Last up, on the 25th anniversary of Tiananmen Square, a conversation about the blue collar workers who joined the protests and why they were there in the first place.

Tilting Delaware Bridge Stays Closed, Disrupting Interstate Travel

NPR News - Wed, 2014-06-04 07:15

The I-495 bridge in Wilmington, Del., usually carries 90,000 vehicles per day. But it's empty now, as engineers try to discover what's causing eight support pillars to lean.

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Elderly man hit by truck in Glasgow

BBC - Wed, 2014-06-04 07:11
Police have closed a major route in the north of Glasgow after an elderly man was hit by a truck.

Should There Be A University Of Politics?

NPR News - Wed, 2014-06-04 07:11

Other countries provide formal training for people who want to be national leaders. Why not the U.S.?

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In pictures: CAR's victims of war

BBC - Wed, 2014-06-04 07:08
Ton Koene's photos of those caught up in conflict

Job-seeking grads embrace the obvious

Marketplace - American Public Media - Wed, 2014-06-04 07:07

Here's some shocking news: San Francisco is tech central for recent grads;  New York has finance nailed and DC is the top spot for budding policy wonks. That's according to LinkedIn, which has mined its own data and put together the top 10 cities for new graduates. But not everything in the survey is painfully obvious.  

  • Minneapolis/St. Paul is a magnet for corporate types, who can stand the cold. Target, General Mills and Cargill are all head-quartered there  
  • The Twin Cities and Chicago attract more graduates than San Francisco. 
  • Bangalore is the Silicon Valley of India, with lots of homegrown students flocking there for tech jobs. 

Read the full survey above.

VIDEO: Miliband: Voters 'disenchanted'

BBC - Wed, 2014-06-04 06:59
Labour leader Ed Miliband responded to the Queen's Speech by saying that Parliament must face the challenge of "disenchanted" voters.

The day I realized a taxi medallion costs $1 million

Marketplace - American Public Media - Wed, 2014-06-04 06:55

This happened more recently than I'd like to admit — the day I realized that a New York City taxi cab medallion costs $1 million. 

I was in the newsroom reading about the fight between yellow cab drivers and their new green cousins roaming the outer-boroughs. The story, from last June, was that yellow taxi drivers disliked the fact that green cab medallions were first sold for a mere $1,500. Quite a price differential from the yellow cabs, of course.

I grew up in the country, but for as long as I can remember my city family has been in the taxi business. So on hearing this fact my first thought was, "Woah, my uncle has $2 million on wheels." My second thought was, "the city absolutely had to lower the cost of a green medallion. How could an immigrant just starting out possibly purchase a $1 million taxi cab now?"

New York is the kind of place that is always in danger of becoming a city of 'haves' and 'have-nots.' Unless we're careful — unless we purposely create opportunities for those willing to capitalize on them — the pace of this city can leave people behind.

It's impossible to think about this and not think about growing income inequality on a national or global scale — and what kind of measures we as a society need to take to ensure things don't get worse.

If you do a quick Craiglist search you can see that green medallions can go for around $15,000 now. It's a tough buy for someone starting with nothing, but not an impossible dream.

And ideally, New York is a city of possible dreams.

Nine hurt in Tower Bridge boat crash

BBC - Wed, 2014-06-04 06:54
Nine people are injured when a sightseeing tour boat crashes into Tower Bridge.

UKIP MEP paid 'dozens' of migrants

BBC - Wed, 2014-06-04 06:49
UKIP's new Welsh MEP Nathan Gill faces criticism after confirming he employed "dozens" of east European and Filipino workers in a care company.

Germany opens Merkel bugging probe

BBC - Wed, 2014-06-04 06:38
Germany announces an inquiry into allegations by US intelligence leaker Edward Snowden that the US government bugged Chancellor Angela Merkel's phone.

Murray set for partisan atmosphere

BBC - Wed, 2014-06-04 06:31
Andy Murray is prepared for a partisan atmosphere when he plays Frenchman Gael Monfils at the French Open on Wednesday.

Germany Opens Formal Inquiry Into Tapping Of Merkel's Phone

NPR News - Wed, 2014-06-04 06:26

Germany's top federal prosecutor has opened an investigation that won't focus on wide spying activities attributed to the U.S. National Security Agency.

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While more secure, Chip and PIN technology is costly

Marketplace - American Public Media - Wed, 2014-06-04 06:19
Wednesday, June 4, 2014 - 09:03 Scott Olson/Getty Images

A shopping cart sits in the parking lot of a Sam's Club store

Sam’s Club, the warehouse chain owned by Walmart, is unveiling credit cards with chip-enabled safety technology. In fact, they’re declaring themselves the first mass retailer to do so in the U.S. The cards will be co-branded with MasterCard.

Chip and PIN technology is more secure than the magnetic strip on the back of many cards. Target learned that the hard way when it was hacked last year.

Carl Howe, vice president of research and data sciences at Yankee Group, says the biggest obstacle to adopting chip-enabled technology in the U.S. has been cost, including the price tag for overhauling all those point of sale devices where we swipe our cards now.

“Those are expensive devices -- a few thousand dollars each -- and they have a lot of them,” he says. “And there’s all the backend programming that’s required for it too. So this is not a small move, it takes a lot of infrastructure to make this work.”

Still, credit card companies want all retailers to follow Sam’s Club’s lead and adopt the technology by late 2015. 

Marketplace Morning Report for Wednesday June 4, 2014by Kate DavidsonPodcast Title While more secure, Chip and PIN technology is costlyStory Type News StorySyndication SlackerSoundcloudStitcherSwellPMPApp Respond No

May and Gove in row over extremism

BBC - Wed, 2014-06-04 06:16
Two of the most senior members of the Cabinet have become embroiled in a bitter row over allegations of extremism in state schools in Birmingham.

Russian fighter intercepted US plane

BBC - Wed, 2014-06-04 06:05
A Russian fighter jet flew within 100ft (30m) of a US Air Force plane over international waters near Japan in April, the Pentagon says.

While more secure, Chip and PIN technology is costly

Marketplace - American Public Media - Wed, 2014-06-04 06:03

Sam’s Club, the warehouse chain owned by Walmart, is unveiling credit cards with chip-enabled safety technology. In fact, they’re declaring themselves the first mass retailer to do so in the U.S. The cards will be co-branded with MasterCard.

Chip and PIN technology is more secure than the magnetic strip on the back of many cards. Target learned that the hard way when it was hacked last year.

Carl Howe, vice president of research and data sciences at Yankee Group, says the biggest obstacle to adopting chip-enabled technology in the U.S. has been cost, including the price tag for overhauling all those point of sale devices where we swipe our cards now.

“Those are expensive devices -- a few thousand dollars each -- and they have a lot of them,” he says. “And there’s all the backend programming that’s required for it too. So this is not a small move, it takes a lot of infrastructure to make this work.”

Still, credit card companies want all retailers to follow Sam’s Club’s lead and adopt the technology by late 2015. 

An Inability To Connect With Horses Isn't Why Racing Is Failing

NPR News - Wed, 2014-06-04 05:58

There is a perception that Americans would rather play slot machines and watch car racing because those things are more relatable than horses. NPR's Laurel Dalrymple doesn't think that is true.

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For New College Grads, Finding Mental Health Care Can Be Tough

NPR News - Wed, 2014-06-04 05:50

Finding and paying for a psychologist or psychiatrist can be difficult at any age. But young adults just making their way in the world face particular challenges.

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Business boost in Queen's Speech

BBC - Wed, 2014-06-04 05:46
The government announces a series of measures in the Queen's Speech that it says are "unashamedly pro-work and pro-business".
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