Thu August 11, 2011

What's Spooking Investors?

Economists and financial executives gathered for a retreat in Grand Lake Stream, Maine, last weekend. The annual event coincided with mayhem in the stock market and the downgrade of U.S. Treasuries.
Chris Arnold NPR

While Wall Street experiences the biggest stock sell-off in years, some very successful investors don't appear to be concerned. They're out buying stocks while everybody else panics.

Top executives are also downplaying the perceived crisis.

"We don't run the business based on what happens in the market in a day," Jamie Dimon, CEO of JP Morgan Chase, said Wednesday on CNBC. Bank stocks like his have been getting hammered in recent days.

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Thu August 11, 2011

In Shift To Streaming, Netflix Customers Find Holes

It seems like Netflix is on top and it's everywhere. Users can watch it on their computers, game consoles, smartphones, or Internet-connected TV. Netflix boasts some 25 million subscribers, which is more than big cable companies like Comcast and Time Warner.

Although the company started as a mail order DVD service, these days it does the lion's share of promoting for its online streaming service. The company says it's the place to "watch instantly."

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Wed August 10, 2011
The Two-Way

Who Are The London Rioters And Why Are They Rioting?

A rioter throws a rock at police in Clarence Road in Hackney on Tuesday in London.
Dan Istitene Getty Images

So who are the British rioters and why are they doing it? It seems like an easy question, but it's been fairly hard to ascertain. In some ways, two distinct portraits of rioters have emerged. In some ways, they're typified by two videos that have made the rounds online.

One is of a disaffected youth that's underemployed and has nothing to lose. It is typified by a video of Pauline Pearce, a 45-year-old grandmother, who was walking through the streets of Hackney and confronted rioters with some blunt speech. Here's the video, but be warned there is some strong language in it:

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Wed August 10, 2011
Shots - Health Blog

For Stroke Prevention, A New Alternative To Warfarin

A new drug called rivaroxaban may not require as many blood tests for patients with atrial fibrillation than the current drug on the market.
Libby Chapman iStockphoto.com

A common form of irregular heartbeat called atrial fibrillation can cause blood clots, putting people at increased risk of stroke. The anticoagulant drug warfarin is used to reduce that risk, but since people respond to it very differently, it requires careful monitoring to avoid the risk of heavy bleeding. Now, researchers say a new drug called rivaroxaban looks to be as good as warfarin in preventing strokes.

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Wed August 10, 2011

Back to Class in Fayette

It’s ‘back to school’ time in Fayette County Thursday and the students numbers continue to rise.

New school construction and renovation are a part of the fabric of the Fayette County School System.  Acting school superintendent, Mary Wright says projections show an additional 800 students coming into the Lexington district this year.  She says the district has been growing by about 600 students in each of the last few years.  Wright says some renovation work continues

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Wed August 10, 2011
Eastern and Central Kentucky

Chemical Concerns

Some participants at Wednesday's 'Stroller Brigade' in Lexington
Stu Johnson Weku

A variety of chemicals are found in all kinds of products we use every day.   There are concerns about health impacts of chemicals included in some of these items.  A group of central Kentuckians is asking Congress to pass the ‘Safe Chemicals Act of 2011.’  Among them is Lois Kleffman with the Kentucky Environmental Foundation.

“I don’t really mind kids being out in the dirt as much as I would mind them putting certain things in their mouths that are manufactured…have chemicals in them”

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Wed August 10, 2011

Is U.S. Farm Policy Feeding The Obesity Epidemic?

Joe Raben harvests corn on land he farms with his father and uncle Oct. 4, 2008, near Carmi, Ill. Some farmers say technological improvements and farming mechanization, not subsidies, are responsible for increased output.
Scott Olson Getty Images

These days, U.S. farm policy is blamed for a lot of things — even the nation's obesity epidemic. The idea is that the roughly $20 billion in subsidies that the federal government gives to farmers encourages them to grow too much grain. As a result, the theory goes, prices drop, food gets cheaper and we end up eating too much.

It seems like a simple equation. But the truth is rarely simple. So what's really going on?

Americans Eat Cheap

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Wed August 10, 2011
National Security

Congressman Wants Probe Of Bin Laden Movie

A House committee chairman wants an investigation of Obama administration cooperation with award-winning filmmakers on a movie about the hunt for Osama bin Laden. The White House says it did not give anyone special access.

Republican Peter King, who heads the Homeland Security Committee, says there has been too much talk already about the raid by Navy SEALS that killed bin Laden in Pakistan in May.

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Wed August 10, 2011

Fed May Need To Find New Tricks Up Its Sleeve

The Federal Reserve has issued one of its gloomiest pronouncements about the economy in a long time: It says it sees little prospect that growth will rebound much anytime soon, and that it's ready to keep interest rates low for the next two years.

The recent downturn leaves Fed officials without any of its obvious ways of fixing the economy, and analysts say it may need to try steps it hasn't taken before.

Joe Gagnon spent part of his career as a Fed economist, and Tuesday he saw something he thought he'd never see at the central bank.

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Wed August 10, 2011

Murdoch To Take Questions From Investors, Media

Rupert Murdoch is expected to take questions from analysts, investors and reporters during a conference call Wednesday. The call follows Tuesday's meeting of the News Corp. board — the first such meeting since the phone hacking scandal that has roiled the company.