National / International News

VIDEO: How to earn a living on Instagram

BBC - Mon, 2014-06-09 15:20
Daniel Arnold turned his passion for photography into a career, leveraging his fame on Instagram into a solo gallery show in San Francisco and a $15,000 payday.

America's Cup: Making sailing pay

BBC - Mon, 2014-06-09 15:15
Making the America's Cup pay its way

Who is Kenya's 'Bleached Beauty'?

BBC - Mon, 2014-06-09 15:14
The Kenyan who put skin lightening under the spotlight

Why do black US mothers breastfeed less?

BBC - Mon, 2014-06-09 15:13
A photo of a woman nursing during her graduation sparked a row.

The Korean grandmothers who sell sex

BBC - Mon, 2014-06-09 15:06
Why Korean grandmothers are selling their bodies to elderly men

Japan Says It Wants To Resume Larger Annual Whale Hunt

NPR News - Mon, 2014-06-09 15:04

Despite a ruling in March by the International Court of Justice that the country's whaling is not scientific, Prime Minister Shinzo Abe says he wants to resume the Antarctic hunt.

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SFA considers move from Hampden

BBC - Mon, 2014-06-09 15:01
The Scottish FA will examine a proposal to end its lease on Hampden Park in 2020 and use other stadia.

Officers cited over GAA arson probe

BBC - Mon, 2014-06-09 14:59
Five police officers have been disciplined following a Police Ombudsman investigation into an arson attack at a Londonderry GAA club.

State Senator's Resignation Roils Virginia Politics

NPR News - Mon, 2014-06-09 14:58

Gov. Terry McAuliffe's efforts to expand Medicaid under the Affordable Care Act have been thrown into further uncertainty by the actions of a single Democratic legislator.

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Sierra Leone Ebola deaths 'double'

BBC - Mon, 2014-06-09 14:45
The death toll from the Ebola virus in Sierra Leone has doubled to at least 12 in one week, officials say, with hopes of containing the outbreak fading.

VIDEO: Who is to blame in extremism row?

BBC - Mon, 2014-06-09 14:32
The Education Secretary, Michael Gove, has ordered an inquiry into the role of Ofsted and whether his department ignored warnings about religious extremism in schools.

Accident on flagship Brazil monorail

BBC - Mon, 2014-06-09 14:23
One person dies and two others are injured after a section of a prestigious monorail project in Sao Paulo collapses.

Supreme Court Rules Against Homeowners In Superfund Case

NPR News - Mon, 2014-06-09 14:20

The justices made it harder for residents in a handful of states to sue companies for contamination that wasn't discovered until long after it took place.

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Comedian and actor Rik Mayall dies

BBC - Mon, 2014-06-09 14:03
British comedian and actor Rik Mayall dies at his London home, at the age of 56.

US teen's 'captor' pleads not guilty

BBC - Mon, 2014-06-09 13:58
A man accused of kidnapping a teenager and holding her captive for 10 years, and forcing her to marry him pleads not guilty in a California court.

Sterling's name in the frame for England start

BBC - Mon, 2014-06-09 13:57
Judging by the frequent name checks he receives from his manager, Raheem Sterling is in line for an England starting spot against Italy, says Phil McNulty.

Contemplating the short suit

Marketplace - American Public Media - Mon, 2014-06-09 13:52

Not for the first time, I am thanking my lucky stars that I'm in radio, and that, therefore, you all can't see what I'm wearing.

Because apparently there's a new thing in mens fashion this year: A short suit. Not a suit that's cut a little bit short, but a suit in which the pants are actually shorts.

Bermuda shorts, to be sure, but still... above the knee.

J. Crew thinks people are going to pay $358 for something called "the Ludlow short suit in rope stripe Italian wool-linen."

 

For those of you who have said that yes, you would wear shorts with a suit -- and there were more than a couple of you -- it's time to put up or shut up.

Tweet us a picture @Marketplace... or it didn't happen.  

Are there more of you? MT @AndrewConte: Thanks @kairyssdal, @Marketplace and @jcrew Saving up for #ShortSuit. pic.twitter.com/nqwfPMnwVq

— Marketplace (@Marketplace) June 10, 2014

At $18 billion, Uber isn't just competing with taxis

Marketplace - American Public Media - Mon, 2014-06-09 13:52

The latest venture-capital investment in Uber, a mobile app that allows users to hail a ride in a town car or taxi, pegs the company’s value at more than $18 billion. That's more than United Airlines or Sony, just shy of what car-rental Avis and Hertz are worth together. That may seem high for a company with direct competition like Lyft, Sidecar and the entire taxi industry.

For Uber to be worth what investors are betting, the company might need to capture half of the worldwide market for taxis, says Andy Brennan, author of a recent report on that industry from IBIS World Research.  “I can’t see that ever happening,” he says. “Generally taxi customers are quite price-conscious.”

A ride in one of Uber’s town cars costs more than a cab. “The average person who gets a taxi is not necessarily going to use Uber on a regular basis,” Brennan says.

However, competing with taxis isn’t Uber’s goal. The company’s CEO has identified a much bigger competitor: The personal automobile.

The idea of Americans parting with their cars may sound wild, but younger people may not feel as strong of an urge to own one. “Someone who’s 20-years-old today may be much less concerned with whether their car expresses their personality than with whether their phone or their tablet expresses their personality,” says analyst James McQuivey of Forrester Research.

He sees a future where people could subscribe to Uber like a service. Uber cars—with robot drivers, of course--may deliver their packages, or shlep their kids to piano lessons.

Ultimately, Uber may not just replace a taxi, or a car, but something that hasn’t even been invented yet. “We’ve all been waiting for that personal helicopter, that personal jetpack,” McQuivey says. “But really, you don’t need to move around as much as the stuff in your life needs to move around. And someone will help you do that much more efficiently than waiting for that jetpack.”

Maybe a company with that market is worth at least $18 billion dollars -- because the competition in that scenario is something like Amazon— currently valued at about $150 billion.

Why the celeb mag market is still worth something

Marketplace - American Public Media - Mon, 2014-06-09 13:51

We've heard again and again that the magazine industry is dying as readers increasingly turn to websites for news and gossip. So, expect a tough road ahead for Time Inc. which has split from its parent company, Time Warner, the owner of money-makers like Warner Bros Studios and HBO.

And while Time's prospects as a magazine company may look grim, Time has something of a trump card in the celebrity magazine, "People." It is Time's top title. Although sales of People have dropped off in the past decade, the magazine, with its mix of celebrity news and human interest stories, still has a weekly circulation of around 3.5 million readers, nothing to sniff at in an age of shrinking readership. 

By Shea Huffman

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