Passengers queue up for customs checks at the Kuala Lumpur International Airport in Sepang March 9, 2014 (Reuters / Edgar Su)
Malaysia has launched a terror probe into the disappearance of the Malaysia Airlines passenger plane which vanished from radars en route from Kuala Lumpur to Beijing while carrying 239 people on Saturday. Debris from the jet has reportedly been spotted.
The massive search operation for the Boeing 777, which has been ongoing for about two days, might have brought forth its first results, with possible debris from the aircraft reportedly found in the sea off the coast of south Vietnam.
“We received information from a Vietnamese plane saying that they found two broken objects, which seem like those of an aircraft, located about 50 miles (80 kilometers) to the south-west of Tho Chu Island,” an unnamed official from the National Committee for Search and Rescue told AFP. “As it is night they cannot fish them out for proper identification. They have located the position of the areas and flown back to the land.”
— Vu Trong Khanh …read more
If the U.S. economy is getting better, then why are major retail chains closing thousands of stores? If we truly are in an “economic recovery”, then why do sales figures continue to go down for large retailers all over the country? Without a doubt, the rise of Internet retailing giants such as Amazon.com have had a huge impact. Today, there are millions of Americans that actually prefer to shop online. Personally, when I published my novel I made it solely available on Amazon. But Internet shopping alone does not account for the great retail apocalypse that we are witnessing. In fact, some retail experts estimate that the Internet has accounted for only about 20 percent of the decline that we are seeing. Most of the rest of it can be accounted for by the slow, steady death of the middle class U.S. consumer. Median household income has declined for five years in a row, but all of our bills just keep going up. That means that the amount of disposable income that average Americans have continues to shrink, and that is really bad news for retailers.
And sadly, this is just the beginning. Retail experts are projecting that the pace of …read more
Kit Daniels | Lack of attendance proves the popularity of basic human freedoms. …read more
USA Today | “I think it’s time for us to issue concealed weapons licenses to the law-abiding people of this city,” he said. …read more
Reuters | Russians take over a border post on the western edge of Crimea. …read more