National / International News

Lib Dems 'won't back minority rule'

BBC - Wed, 2014-04-23 08:00
Senior Lib Dem Danny Alexander rules out suggestions his party could support a minority Labour or Tory government after the next election.

A Path Out Of Prison For Low-Level, Nonviolent Drug Offenders

NPR News - Wed, 2014-04-23 07:56

The Obama administration announced Wednesday that federal inmates serving long sentences for drug offenses will be eligible to apply for clemency if they meet six major criteria.

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American Journalist Kidnapped By Ukraine's Pro-Russia Insurgents

NPR News - Wed, 2014-04-23 07:55

The reporter for Vice News was seized by gunmen on Tuesday but is "fine," according to a spokeswoman for his kidnappers.

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Man Utd believe Moyes timing right

BBC - Wed, 2014-04-23 07:52
Manchester United reject "unprofessional" claim, insisting they did not want to search for a successor behind David Moyes's back.

Adams 'gave IRA bomb order' - claim

BBC - Wed, 2014-04-23 07:51
A former IRA member makes new allegations about Gerry Adams, claiming the Sinn Féin leader ordered him to transport explosives to Great Britain for a bombing campaign in 1980.

Chelsea Manning granted name change

BBC - Wed, 2014-04-23 07:51
The soldier who leaked US government documents to Wikileaks is granted the right to legally change her name from Bradley to Chelsea.

Iran replaces prison service chief

BBC - Wed, 2014-04-23 07:45
The head of Iran's prison service is replaced following allegations that political prisoners were beaten by guards at Tehran's Evin jail last week.

Bogota mayor Petro reinstalled

BBC - Wed, 2014-04-23 07:44
Colombian President Juan Manuel Santos reinstates the ousted mayor of Bogota, Gustavo Petro, to his post following a court order to that effect.

Man in court on terror charges

BBC - Wed, 2014-04-23 07:39
A man appears in court charged under the Terrorism Act after a tower block was evacuated in Edinburgh.

PODCAST: Is Apple the new Microsoft?

Marketplace - American Public Media - Wed, 2014-04-23 07:38

Apple is expected to report mostly flat revenues from a year ago, when it releases earnings after the bell Wednesday. It wasn’t so long ago, of course, that Apple’s stock was a rocket ship, seeing the kind of exponential growth you find in tiny startups. Another tech company used to be like that: Microsoft. 

David Einhorn, a pretty big name among activist investors, made headlines yesterday with his “bubble basket” and for saying that there’s now a consensus that there’s a tech bubble.

Hollywood is no longer the go-to place for shooting feature films and TV shows. Just eight percent of big budget Hollywood films were made in LA in 2013, down from 65 percent in 1997. And from 2005 to 2013, California's share of one-hour TV series dropped from 64 percent to 28 percent. 

 

 

Victim would be 'proud of Gerrard'

BBC - Wed, 2014-04-23 07:28
Steven Gerrard's cousin, who was the youngest victim of the Hillsborough disaster, would have been "very proud" of the England captain, an inquest hears.

'Revenge attack' caused fire deaths

BBC - Wed, 2014-04-23 07:23
A fire which killed four members of the same family was a revenge attack on the wrong house, a jury is told.

A new kind of tech bubble

BBC - Wed, 2014-04-23 07:21
Could bubble messages have profitable future?

Clifford jury gets majority direction

BBC - Wed, 2014-04-23 07:17
Jurors in the indecent assault trial of publicist Max Clifford are told they can return a majority verdict of nine to one.

Is there another tech bubble on the verge of bursting?

Marketplace - American Public Media - Wed, 2014-04-23 07:16

David Einhorn, a pretty big name among activist investors, made headlines yesterday with his “bubble basket” and for saying that there’s now a consensus that there’s a tech bubble. 

Activists investors buy a large chunk of stock in a company with the goal of pressuring management to make changes. At the Active-Passive Investor Summit in New York, Einhorn said his “bubble basket” is a group of stocks he’s shorting, or betting that the price will go down. While he didn’t name companies, we can assume there are tech stocks in that basket. Einhorn is betting that some stocks might fall by as much as 90 percent.  

Activists investors also raised bigger issues. Jeff Ubben, a notable west coast hedge fund investor, called into question executive compensation at the tech companies. He singled out Google’s Eric Schmidt and his $100 million pay package in 2011, which Ubben thought was outsized. Ubben noted that same year, JP Morgan Chase’s Jamie Dimon was “hauled over the coals” for getting paid $20 million.

The tech companies haven’t responded to the criticism but upshot from the summit was that tech companies need to be put under more scrutiny. 

 

The Joys Of Spoiling

NPR News - Wed, 2014-04-23 07:13

In the Internet Age, spoilsports abound, What would drive someone to ruin it for everyone else?

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7 Weeks Before World Cup, Rio Is Rocked By Riot

NPR News - Wed, 2014-04-23 07:08

Angry residents of a favela, or slum, set fires and threw bottles after a young man's body was found. They blame police for his death. Authorities have stepped up security in advance of the World Cup.

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VIDEO: DJ Duke: Will and Kate hit the decks

BBC - Wed, 2014-04-23 06:52
The Duke and Duchess of Cambridge have been taught how to DJ, during the latest leg of their royal tour of Australia.

Agoraphobic benefits cheat jailed

BBC - Wed, 2014-04-23 06:30
A benefits cheat with a fear of open spaces is jailed for a year at Merthyr Crown court after being caught working as a tour guide in South America.

Lebanese MPs fail to elect president

BBC - Wed, 2014-04-23 06:27
Members of Lebanon's parliament fail to elect a new president at the first attempt before Michel Suleiman's six-year term expires on 25 May.

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