National / International News

How much is California Chrome worth?

Marketplace - American Public Media - Fri, 2014-06-06 02:40

California Chrome goes for horse racing's Triple Crown this weekend at the Belmont Stakes. Even if he wins, the horse won't likely sell for the top rates -- as high as $60 million -- that we've seen in the past.

So here's a look at some of the other numbers around the horse:

1978

The last year there was a Triple Crown winner. The horse was named Affirmed.

11

The number of horses that Daily Racing Forum says have been in a similar position to California Chrome since 1978.

$15 million

How much Peter Bradley III, one of the top bloodstock agents in the country for thoroughbred racing, guesses California Chrome is worth today. Others in the horse racing industry say he's worth a few million more, or a few million less.

$30 million

How much California Chrome's trainer, Art Sherman, says the horse is worth.

1

The number of shoe companies sponsoring California Chrome. This week, Skechers announced they were going to sponsor the horse. Though, don't get excited for a horse in sneakers -- California Chrome's trainers will be the ones sporting Skechers' shoes.

Big blast hits Kosovo power station

BBC - Fri, 2014-06-06 02:37
Casualties are reported after an explosion at a coal-fired power station outside the Kosovo capital, Pristina.

May Jobs Report likely to show moderate hiring

Marketplace - American Public Media - Fri, 2014-06-06 02:36

Employers likely added 213,000 new jobs in May, according to the consensus estimate of economists cited by Bloomberg, while April’s job gain was 288,000. The unemployment rate likely increased 0.1 percent in May to 6.4 percent, after sharply declining in April (from 6.7 percent to 6.3 percent).

If these expectations pan out, May’s performance would confirm a return to steady, modest growth in the economy and the labor market. That follows a volatile winter with multiple severe storms that pushed the overall economy into a surprising quarterly decline in GDP. A projected increase in the unemployment rate in May would likely be caused by people returning to the workforce as job-hunters. April’s drop in unemployment was attributed to a steep decline in the size of the workforce.

“We’re back on track right now,” says Bernie Bauhmolh at the Economic Outlook Group in Princeton, New Jersey.

The economy has now been creating an average of 237,000 jobs per month since February. First-time claims for state unemployment benefits are at a seven-year low.

“The economy is looking better,” says Baumohl. “We’ve seen better performances in manufacturing and services and auto sales. Confidence levels are also higher among consumers and business leaders. It’s going to encourage employers to accelerate hiring.”

Paul Osterman at the MIT Sloan School of Management says the next signs of significant progress in the employment recovery would be improvement in workers’ real wages, and an increase in the employment-to-population ratio, which measures how many adults are working compared to the total population of potential workers. That ratio fell sharply in the recession and has not rebounded significantly since.

As jobs get more plentiful at all wage levels, employers can be expected to compete to attract and retain workers. In response, they might begin raising wages.

“Over the last twelve months real wages have gone up by a little bit under 2 percent," says Osterman. "That’s better than zero, but it’s below productivity gains.”

In other words, employees have been producing more for their bosses, driving profits up, without getting much extra in their paychecks in return.

Celtic appoint Deila as new manager

BBC - Fri, 2014-06-06 02:11
Norwegian Ronny Deila is appointed as the new manager of Celtic on a 12-month rolling contract.

VIDEO: Highlights - Queen's Baton Relay in England

BBC - Fri, 2014-06-06 01:55
Watch the best bits from the first week of the Queen's Baton Relay around the country.

VIDEO: Science behind the D-Day landings

BBC - Fri, 2014-06-06 01:54
How innovations in science and engineering made the D-Day landings possible with giant troop tanks and tanks that could drive on water.

'I called Rosberg to bury a mother of a situation’

BBC - Fri, 2014-06-06 01:41
In his latest BBC Sport column, Lewis Hamilton talks about the "overblown" rivalry with Mercedes team-mate Nico Rosberg.

Hospital feed death baby is named

BBC - Fri, 2014-06-06 01:32
A nine-day old baby who died on Sunday after contracting a bacterial infection from a suspected contaminated hospital feed has been named.

AUDIO: Police 'must avoid myths' in rape cases

BBC - Fri, 2014-06-06 01:31
Director of Public Prosecutions Alison Saunders reacts to figures showing that the conviction rate for rape dropped in the last 12 months in England and Wales

Carberry upset by Test omission

BBC - Fri, 2014-06-06 01:17
Hampshire batsman Michael Carberry is bitterly disappointed at being dropped from the England Test squad.

VIDEO: China 'sinks' Vietnamese boat

BBC - Fri, 2014-06-06 01:17
Vietnam's state television (VTV) has broadcast a video in which a large Chinese ship can be seen chasing and later sinking a small Vietnamese fishing boat.

Wiggins set to miss Tour de France

BBC - Fri, 2014-06-06 01:15
Britain's Sir Bradley Wiggins says he will not be competing in this year's Tour de France "as things stand".

Foot-wash hospital doctor struck off

BBC - Fri, 2014-06-06 01:07
An emergency department doctor who washed his feet in front of a patient in Essex is struck off.

Man stabbed to death at holiday park

BBC - Fri, 2014-06-06 01:02
A 41-year-old man is stabbed to death at a holiday park in Saltcoats in North Ayrshire.

Clashes at India's Golden Temple

BBC - Fri, 2014-06-06 01:01
Several people are hurt as Sikh groups brandishing swords clash at India's Golden Temple during prayers to mark the 1984 military assault.

Thousands march in Haiti protest

BBC - Fri, 2014-06-06 00:55
Police fire tear gas on protesters in Haiti, as thousands march in the capital demanding that President Michel Martelly step down.

Guscott: Whingeing Poms? Not this England team

BBC - Fri, 2014-06-06 00:48
England are missing half of their team as they play the mighty All Blacks but let's focus on the positives, says Jeremy Guscott.

Early comedy makes 'stage history'

BBC - Fri, 2014-06-06 00:24
The earliest surviving comedy drama by a British woman - written almost 400 years ago - is being resurrected this weekend in Kent.

Man in boxer shorts causes M8 delays

BBC - Fri, 2014-06-06 00:13
A man who was seen wandering on the M8 motorway in North Lanarkshire dressed only in tartan boxer shorts is detained by police.

RSPB: 'We did not kill 22 birds'

BBC - Fri, 2014-06-06 00:07
RSPB Scotland says "outrageous rumours" have been spread accusing it of accidently killing birds of prey.
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