Karen Koop

104 Added | 5 Magazines | 14 Followers | @kbkoop2 | Keep up with Karen Koop on Flipboard, a place to see the stories, photos, and updates that matter to you. Flipboard creates a personalized magazine full of everything, from world news to life’s great moments. Download Flipboard for free and search for “Karen Koop”

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Boston Suspects’ Parents on the Run

Anna Nemtsova on how the mother and father of the Tsarnaev brothers can’t find peace.<p>The message to the parents of the Boston bombing suspects was …

The Benghazi Hearing

Yesterday's Benghazi hearings gave the GOP less (phony) ammo against Hillary than against Obama.<p>It would be too dismissive to say that nothing of …

The Sectarian Calamity

Hussein Ibish on the growing, disastrous sectarianism in the Middle East.<p>Today's belligerent, bellicose and highly dishonest speech about Syria by …

Memo to Stars: Don't Judge 'American Idol'

As speculation starts over who should judge ‘Idol’ next, Kevin Fallon wonders why anyone would want to?<p>It’s become Hollywood and the music industry’s …

Shell presses ahead with world's deepest offshore oil well

Royal Dutch Shell is pressing ahead with the world's deepest offshore oil and gas production facility by drilling almost two miles underwater in the …

Precedent? NYC set to make businesses pay for sick days

NEW YORK (AP) — In a significant victory amid a push for paid sick time laws around the country, city lawmakers voted Wednesday to make businesses provide the benefit to an estimated 1 million workers who don't have it now.<p>Saying they hoped that requiring sick leave in the nation's largest …

A sausage double beef burger isn’t enough to save McDonald’s from bird flu in China

Reports trickling in since the end of March about a new wave of bird flu in China have been hitting the country’s KFCs, chicken stands and poultry exporters (whose goods are now banned from other Asian markets). McDonald’s, KFC’s main competitor in China, announced that global same-store sales fell …

McDonald's

The US housing market is rebounding, but that doesn’t mean it’s going to last

Realtors and economists are once again bullish about the American housing market. But though home prices are currently rising at the fastest rate in seven years, their long-term trajectory is far from guaranteed. According to 40 years of data from 25 countries, a boom in housing prices is no more …

Housing Market

Reverse Showrooming: Best Buy, Amazon And The Internet Sales Tax

My four year old Sony laptop died last month. Okay, I killed it, but it was only criminally negligent homicide—the zipper on the old backpack I’d inherited from one of my kids pulled open and my laptop went crashing onto a hard floor.<p>So last Friday, I started shopping for a new one. In the process, …

Say goodbye to the pin: voice recognition takes over at Barclays Wealth

Barclays Wealth customers will no longer need to answer security questions and remember pin codes to use telephone banking.<p>Advanced voice recognition will detect whether a customer is who they say they are after just 30 seconds of normal conversation, the bank claims.<p>The system, which is powered by …

Pork Prices Fall 6.5% In The World's Largest Pork Market

After falling 5.5% year-over-year in March, pork prices fell 6.5% in April in the world's largest pork market.<p>On a monthly basis, pork prices were down 6.1% in April, compared with 9.1% the previous month.<p>Oversupply has been one of the biggest factors behind the decline in pork prices.<p>Bank of …

Bank of America

JCPenney Shares Rally in Face of Disaster

In an apparent effort to lessen the shock value of their official earnings release next week, J.C. Penney (JCP) announced select results from their …

J.C. Penney

As overcapacity builds, China is running out of options to keep its economy growing

China’s consumer inflation slowly but surely ticked up in April, rising 2.4% from April in 2012, compared with a 2.1% year-on-year increase in March. That was more than expectations, but still far from the 3.5% or more that would prompt government action. Food prices were even higher in April, …

Economics

The Global Youth Jobless Crisis: A Tragic Mess That Is Not Getting Any Better

Europe's unemployment inequality is simply astonishing. Germany's jobless rate for young people is 8.2 percent. In Greece, it's 54.2 percent.<p>Elevated and lasting unemployment is an awful thing, anywhere, and for anyone. But it is awful in a special way for young people, cutting them off from …

Online Sales Taxes: A Good Idea Done Badly

Isn't this the perfect moment for a value-added tax?<p>Reuters<p>On Monday, by a comfortable 69-27 majority, the U.S. Senate passed a controversial bill that will require online retailers with annual sales of more than $1 million to collect state sales taxes. Said Republican Mike Enzi of Wyoming: "This …

Bank of America Meeting Dominated by Anti-Coal Activists

NEW YORK (TheStreet)--<b>Bank of America</b> (BAC) 's annual shareholder meeting Wednesday was dominated by speeches from anti-coal activists, prompting CEO …

Bank of America

Is the end in sight for a global glut of big cargo ships?

The massive cargo ship operators responsible for moving goods across the world could be nearing the end of a years-long rough patch. Many shippers attempted to bulk up their fleets to meet rising consumer demand in the years before the recession, only to find that demand gone by 2009 and 2010, when …

Shipping

The Law of the Jungle in Chevron’s $19 billion pollution case in Ecuador

<i>This post has been updated with a statement from Steven Donziger, the principal lawyer for the plaintiffs.</i><p>The tables have turned so many times in a $19 billion Ecuadoran pollution judgment against Chevron that it is hard to know who is on top, and how long they will remain there. On May 7, the …

Human Rights

Warren Buffett Is Making A $1.9 Billion Bet On Wind

Officials with Des Moines-based MidAmerican Energy made the announcement at a Statehouse news conference with Gov. Terry Branstad, who noted that wind energy has been a selling point for high-tech firms looking to invest in Iowa.<p>MidAmerican's parent company is Warren Buffett's Berkshire …

Renewable Energy

Adios Motor City: How Mexico is becoming the world’s best place to make cars

Mexico’s auto production has taken a big leap since NAFTA. The country now accounts for roughly 20% of North American light vehicle production(pdf), according to a report this month by the Federal Reserve Bank of Chicago, compared with a 6% share in 1990.<p>The country’s cars aren’t only traveling …

Mexico

The latest horrifying data on European unemployment

The two European countries worst hit by the region’s economic crisis—Greece and Portugal—both reported their latest unemployment data today.<p>Warning: It’s just awful.<p>Greek unemployment rose from 26.7% to 27.0% in February. Portuguese unemployment shot up to 17.7% from 16.9% in the first quarter.<p>It’s …

Europe

Gold Prices Up 11% Since Market Collapse On Physical Demand, But Bullishness Is Lacking

After a massive decline in mid-April that shattered any sort of confidence in the gold market, bullion prices have remained relatively range bound. While physical demand has picked up, ETF liquidation has kept the gold market flush with supply. Amid light volumes, record-high stock markets, and …

Another McDonald's Menu Item Is On The Chopping Block

The Angus is being removed from McDonald's menus nationwide, reports Burger Business, citing internal sources.<p>McDonald's hasn't commented on the recent report, but did say it was "reviewing options" for the burger in February.<p>The fast food giant is expected to add bacon to the Quarter Pounder …

McDonald's

The 25 Companies Where Top Millennials Most Want to Work

Where do members of the millennial generation most want to work in 2013? According to a new survey by an organization called the National Society of High School Scholars (NSHSS), health care companies are the most popular choices, taking eight of the top 25 slots out of a list of 200 companies. …

The real reason Americans are missing out on life-saving drugs

The oft-repeated claim that the Federal Drug Administration (FDA) doesn’t approve drugs quickly enough is simply false. The actual approval process usually only takes six to 12 months. So why does the US lag behind Europe in the number of new drugs it brings to market?<p>Look no further than the …

Biomarkers

Five Residential PV Installers to Watch in 2013

A record 488 megawatts of solar was installed on residential rooftops in the U.S. in 2012, up 62 percent over 2011. SolarCity continues to dominate …

Dominion Virginia Power to buy electricity from small solar power generators

Homeowners and small businesses soon will be able to sell solar power they generate directly to Dominion Virginia Power.<p>The State Corporation …