National / International News

England squad to be named on 12 May

BBC - Wed, 2014-04-30 03:01
England coach Roy Hodgson will announce his squad for the 2014 World Cup in Brazil on Monday, 12 May.

Ratzenberger 'deserves Imola tribute'

BBC - Wed, 2014-04-30 03:00
Roland Ratzenberger deserves a permanent tribute at Imola alongside Ayrton Senna's, says former team-mate David Brabham.

Sizing up Donald Sterling's other business interests

Marketplace - American Public Media - Wed, 2014-04-30 02:58

Donald Sterling is number 972 on Forbes' list of billionaires, with a net worth of $1.9 billion. Forbes values the LA Clippers at $430 million, though some say they could be worth more.

The bulk of Sterling’s wealth comes from real estate -- buildings in LA.  So, will his real estate business be tarnished because Sterling has been banned from the game for racist comments?

“Yes, of course,” says Robert Baade, an economist at Wake Forest University. Baade wouldn’t be surprised if people started boycotting all things Sterling.

Any fall out will be short-lived, according to Leonard Baron, a San Diego realtor and lecturer at San Diego State.  He doesn’t think Sterling will lose any tenants. “People renting are going to be like, 'What’s the price and what’s the location?'" he says. "So I doubt it’s going to have any lasting effects at all.”

And, Baron says, if Sterling wants to sell any real estate, there are plenty of buyers willing to pay top dollar.

Inmate dies in 'botched' execution

BBC - Wed, 2014-04-30 02:53
One of two death row prisoners who lost a case in the Oklahoma Supreme Court dies of a heart attack following an apparently botched lethal injection.

Innovation: A Gadget That Scrambles The Egg Inside The Shell

NPR News - Wed, 2014-04-30 02:48

This new kitchen tool promises to scramble egg whites and the yolk to create delicious culinary creations, and save you from washing a whisk. A soft cradle keeps the egg from breaking.

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AT&T jumps on board with airplane Wi-Fi

Marketplace - American Public Media - Wed, 2014-04-30 02:43

This week, AT&T announced it will offer Wi- Fi service on U.S. flights next year.

Until this week, the in-flight internet business was dominated by Gogo.

Roger Entner, with Recon Analytics, says the challenge for AT&T is that only a small fraction of passengers actually use Wi-Fi on flights.

“AT&T is looking at it and says if we bring down price, and we accelerate the speed, more people will use it and then it will become a bigger market.”

AUDIO: Gambler went to buy milk and lost £5k

BBC - Wed, 2014-04-30 02:42
A secret gambler has described how he went out to buy a pint of milk and gambled away £5,000 at a betting shop.

IMF: Russia experiencing recession

BBC - Wed, 2014-04-30 02:41
Russia is "experiencing recession now" because of economic damage caused by the crisis in Ukraine, the International Monetary Fund (IMF) says.

Hospital warned on OAP patient care

BBC - Wed, 2014-04-30 02:37
Health inspectors find numerous problems with elderly patient care at Glasgow's Southern General Hospital.

UK firms use 1.4m zero-hour contracts

BBC - Wed, 2014-04-30 02:36
Nearly half of big companies in the UK use a total of 1.4 million zero-hours contracts, a study from the Office for National Statistics (ONS) says.

VIDEO: Inmate 'spoke after lethal injection'

BBC - Wed, 2014-04-30 02:34
A US death row inmate in Oklahoma died of a heart attack after his execution was halted because the lethal injection of three drugs failed to work properly.

Arrest over McGurk's bar atrocity

BBC - Wed, 2014-04-30 02:33
A 69-year-old man is arrested over a pub bombing in which 15 people were murdered during the height of the Troubles in Northern Ireland.

Are we moving away from "too big to jail"?

Marketplace - American Public Media - Wed, 2014-04-30 02:32

Federal prosecutors are preparing criminal charges against Credit Suisse and BNP Paribas, according to reporting in the New York Times. 

Ben Protess, with the Dealbook section of the New York Times, wrote:

Federal prosecutors are nearing criminal charges against some of the world’s biggest banks, according to lawyers briefed on the matter, a development that could produce the first guilty plea from a major bank in more than two decades.

In doing so, prosecutors are confronting the popular belief that Wall Street institutions have grown so important to the economy that they cannot be charged. A lack of criminal prosecutions of banks and their leaders fueled a public outcry over the perception that Wall Street giants are “too big to jail.”

"These investigations have been going on for years," Protess told Marketplace. "This is kind of a new batch of cases the last few years."

In the case of the Swiss bank, it involves allegations that it helped clients avoid taxes. In the case of BNP Paribas, it's about doing business with companies in violation of U.S. economic sanctions. The Times says this would challenge a common belief in the financial world that big banks are too important to charge in criminal cases.

"In the Credit Suisse case, that one could really be in the next couple weeks," Protess says. "We're expecting either a guilty plea for the main arm of Credit Suisse in Zurich, or perhaps even the parent company."

AUDIO: Merger 'exacerbated' Co-op problems

BBC - Wed, 2014-04-30 02:26
Sir Christopher Kelly says the merger between the Co-operative Bank and the Britannia building society "exacerbated" the problems of the two businesses.

AUDIO: Sectarian violence peaks in Iraq

BBC - Wed, 2014-04-30 02:23
The BBC's Kevin Connolly reports on the sectarian violence taking place in Iraq as the country votes.

Snowdonia surf centre's approval

BBC - Wed, 2014-04-30 02:23
Plans for a new surfing centre and "wave park" at a former factory site in Conwy Valley have been unanimously approved by councillors.

De la Hoya wants to buy LA Clippers

BBC - Wed, 2014-04-30 02:17
Boxing great Oscar De la Hoya is keen to buy into the LA Clippers after the team's owner was banned for life after making racist remarks.

AstraZeneca and UK prosperity

BBC - Wed, 2014-04-30 02:11
Firms buying other firms – good or bad for the economy?

'Child recruits' in South Sudan war

BBC - Wed, 2014-04-30 02:09
More than 9,000 child soldiers are fighting in South Sudan's brutal civil war as the country faces the threat of famine, the UN human rights chief says.

'Lab volcano' gives lightning clues

BBC - Wed, 2014-04-30 02:06
Researchers in Munich use a "volcano in the lab" to investigate the spectacular lightning in eruption plumes.
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