Tuesday, April 3, 2012

USA - Higher fuel prices are driving car sales as public switching from gas-guzzlers

Published on Apr 3, 2012 by
http://www.euronews.com/ Higher fuel prices are driving car sales in the United States.

It is forecast that the US will have seen the fastest three-month sales pace in four years at the start of 2012, with analysts saying that Americans are increasingly switching from gas-guzzlers.

Toyota's Prius hybrid models are benefiting particularly with the company selling more than 25,000 hybrids in the US in March, which was a record.

Britain - Drought tips: how to keep your garden green during the hosepipe ban

Uploaded by on Apr 3, 2012
Garden designer John Wyer reveals how to water your garden without your hosepipe.

USA - Giant tornado rips through Johnson County and Hutchins in Texas.

Uploaded by on Apr 3, 2012
A giant tornado leaves behind a trail of destruction in Johnson County and
Hutchins in Texas.

Europe - Taking on organised crime

Published on Apr 3, 2012 by
http://www.euronews.com/ Organised crime groups are quick, entrepreneurial and good at making money, but getting hold of that stash is proving an uphill battle. In this first edition of On the Frontline, we see the efforts being made to crack down on organised crime in Europe.

USA - Police: Oakland, California Shooter Tried to Line-up Victims

Published on Apr 3, 2012 by
Police in Oakland, California say the alleged shooter in a religious school shooting began shooting after some of the victims refused to cooperate with his request that they line-up against a wall. (April 3)

USA - Battered Racing Yacht, Crew Limp Into San Francisco Bay

Published on Apr 3, 2012 by
A battered racing yacht and its bruised crew arrived at a California port Tuesday, three days after a monstrous wave knocked off its steering wheel and injured several crew members during an around-the-world race. (April 3)

Bahrain - economy suffering under unrest

Uploaded by on Apr 3, 2012
Recent social unrest in the country coupled with the global financial crisis has hit the island's economy hard.

BBC Sport - Bahrain Grand Prix a certainty in 2012 - Bernie Ecclestone

www.bbc.co.uk/sport/0/formula1/17143719 - 
23 Feb 2012 – Formula 1 boss Bernie Ecclestone says he is "100% sure" that the Bahrain Grand Prix will go ahead this year.

SEC Investigates Groupon After Earnings Restatement

Uploaded by on Apr 3, 2012
The Securities and Exchange Commission is investigating online deal site Groupon after the company announced their first set of financial results were incorrect.

Groupon issued a restatement of their fourth quarter earnings, saying it hadn't set aside enough money for customer refunds. Despite investor worries the Chief Financial Officer Jason Child says the company is "confident in the fundamentals" in its business.

This is not unfamiliar to the fast growing company. Groupon twice revised its finances before its November IPO.

However, because of restatement, Groupon shares plummeted yesterday, down 17% to $15.28 a share.