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News Feed Latest worldwide news Lawmakers hover as more homeowners rent rooms to visitors LONDON (Reuters) - For British student Carly Connor a trip to London for a city break would be impossible if she had to pay for a hotel so instead she rents a room in a Londoner's home. Dozens dead in Egypt clashes July 27 - Egypt denies using live ammunition in clashes where dozens of Mursi supporters were killed.Andrew Raven reports. U.S. appeals court upholds $105 million Exxon payout in NYC case NEW YORK (Reuters) - A U.S. appeals court on Friday upheld a ruling against Exxon Mobil Corp ordering the company to pay $105 million in damages for polluting New York City's groundwater with a toxic gasoline additive. Africa's resources to end poverty? Africa stands to reap a windfall from its resources - but not without more transparency and better wealth distribution. Insight - Obama and Syria a trail of half-steps, mixed messages WASHINGTON (Reuters) - As the Syrian civil war deepened and anti-government rebels struggled to unify their fractious forces, the White House early last year quietly convened an elite group of senior policymakers to advise President Barack Obama. AP Source Phillies Sign Cuban Pitcher A person familiar with the deal says the Philadelphia Phillies have agreed to a contract with Cuban pitcher Miguel Alfredo Gonzalez. Obama's U.N. nominee calls world body's inaction on Syria a 'disgrace' July 17 - Samantha Power, President Obama's nominee as U.N. ambassador, calls Security Council response to Syria, a "disgrace." Deborah Lutterbeck reports. Russia's Putin 'determined' Snowden case will not hurt U.S. ties MOSCOW (Reuters) - Russian President Vladimir Putin is determined not to allow a spat over Edward Snowden to hurt ties with the United States, his spokesman said on Friday. Hedge fund star Narula's main fund off 10.4 percent in second-quarter BOSTON (Reuters) - Deepak Narula's main hedge fund, of one last year's best performers, fell 10.4 percent in the second quarter, its deepest quarterly loss ever, pummeled by fears that interest rates... Tunisian opposition leader killed A Tunisian opposition leader was fatally shot outside his home Thursday, setting off protests in a nation still raw from the February assassination of a different politician who opposed the Islamist-led governing party. Bucks Lessons Learned From Well-Behaved Investors Carl Richards discusses what individuals can learn from investors who manage to separate emotion from investing. Germany's SAP seeks economy measures after sales warning BERLIN, July 27 (Reuters) - German business software maker SAP AG is calling on staff to cut expenses and other costs as it seeks savings following a warning earlier this month that sales would fall short of expectations this year. High-speed trader Infinium Capital gets new boss -sources July 26 (Reuters) - A veteran of Chicago's agricultural markets has come out of retirement to become the new leader of high-speed U.S. trading firm Infinium Capital Management, three people with... Life in prison for man who held Cleveland women for years CLEVELAND (Reuters) - A former Cleveland school bus driver who held three women captive for years pleaded guilty on Friday to hundreds of charges of kidnapping and rape, allowing him to avoid the death penalty and instead serve life in prison without parole. Wall St Week Ahead Stocks face the Fed, jobs and earnings NEW YORK, July 26 (Reuters) - The coming week on Wall Street could be a summer blockbuster, with the marquee featuring a triple bill the Fed, jobs and earnings. Fitch says Detroit's bankruptcy shows state intervention limits July 26 (Reuters) - Fitch Ratings said on Friday Detroit's bankruptcy filing demonstrates state intervention limits and does not preclude credit deterioration or default. As Training Camp Starts, Only Thing Missing for Giants Is a Motto There were no salary disputes and no unexpected injuries as a smiling Tom Coughlin welcomed 90 players for a brief evening workout. Manager of defunct hedge fund pleads guilty to fraud (Reuters) - A former hedge fund manager pleaded guilty on Friday to defrauding investors in a $12.6 million scheme, more than five years after the fund collapsed under the weight of failed real estate loans. Draft Up Next in Big Year for Trey Burke Trey Burke led Michigan to within a few points of a national title, a stirring finish to his college career that validated his decision to return to the Wolverines for his sophomore season. Overlooked? All-Star-Laden Lynx Lead League, Again The WNBA has crafted a marketing campaign around a trio of rookies whose popularity has helped boost interest in the league. UPDATE 1-RusPetro says tight oil tax relief to provide big boost * RusPetro's almost full production is covered by new tax relief (Adds details, background, quotes) Today's Economist A Better Way to Think About Trade A senior Democrat has proposed that the United States seek stronger trade agreements that would better protect the economy. Corner Office Never Duck Tough Questions, Says Drugstore.comx2019;s Chief Dawn Lepore, chairwoman and chief executive of Drugstore.com, says good leaders direct employeesx2019; energies toward the mission at hand. LVMH shares jump as Louis Vuitton calms worries PARIS (Reuters) - Shares in LVMH soared on Friday after the luxury group reassured investors about margins and sales growth at its star brand Louis Vuitton and joined rival Kering in pointing to an... UK start-up investment website plans global expansion LONDON (Reuters) - A British website which allows members of the public to buy stakes in small businesses is planning to expand worldwide, aiming to create a global platform linking investors to... Concerns Over China Push Stocks Lower Wall Street indexes dropped as investors weighed a slew of mixed earnings reports and on concerns that an overhaul of Chinas industrial sector could cause a sharp slowdown. Siemens C.E.O. to Leave Following Profit Warning Peter Loescher is to leave Siemens four years before the end of his contract, after the German engineering group this week issued its second profit warning this year. Fognini, Robredo Reach Croatia Open Final Third-seeded Fabio Fognini of Italy saved three match points before reaching the final of the Croatia Open on Saturday, beating France's Gael Monfils 6-0, 3-6, 7-6 (3) in match full of momentum swings and turnarounds. Wagner "Ring" in birthday year at Bayreuth channels U.S. South BAYREUTH, Germany (Reuters) - A new production of Richard Wagner's "Rheingold" kicking off the "Ring" cycle on Friday for his 200th birthday year in the opera house he built in Bavaria moved the action from the Rhine to a sleazy motel in Texas where just about everyone was a crook. David Gilberts Sons An impenetrable author gathers his three sons for a tense reunion in David Gilberts novel. Lindy Boggs, Longtime Representative and Champion of Women, Is Dead at 97 Mrs. Boggs succeeded her husband in Congress after his plane crashed in Alaska and went on serve nine terms and to champion womens rights. Virginia Johnson, Widely Published Collaborator in Sex Research, Dies at 88 Ms. Johnson and William H. Masters helped make the frank discussion of sex in postwar America possible if not downright acceptable. Seven shot dead in Florida hostage rampage MIAMI (Reuters) - A tenant went on a shooting rampage at a Florida apartment building, killing six people before a SWAT team killed him and rescued two neighbors he was holding hostage on Saturday, police said. T Magazine On View | Potholes as Art, Garbage as Great Books A new show by Daniel Knorr at Kayne Griffin Corcoran gallery in Los Angeles elevates the banal byproducts of human existence into beautiful objects. Roman ruins that outstrip Rome's A temple the size of several football fields, the biggest stone monolith ever carved. Regional strife may have scared travelers away from the Beqaa Valley but now could be just the time to go. Inspiration for 'Contact' still listening From a remote valley in Northern California, Jill Tarter is listening to the universe. Bruised by Romney criticism, Bain Capital thanks investors (Reuters) - Bain Capital LLC, the private equity firm co-founded by defeated presidential candidate Mitt Romney, thanked its investors on Thursday for their support and patience over the last year as it confronted "political hyperbole and distortion." Rays 10, Yankees 6 A Welcome Back for Soriano, Followed by a Debacle for the Yankees Not even Alfonso Sorianos arrival could save C. C. Sabathia, who has allowed 17 earned runs in his last 14 innings, and the Yankees, who were shut down by Jeremy Hellickson. What's your pin? Fans get PGA Championship chance Golf fans from around the world will have a chance to make history at next month's PGA Championship with just a click of a button. F.D.A. Says Importers Must Audit Food Safety If the rules are made final, they would shift the responsibility for ensuring that food is safe from the F.D.A. to companies like Walmart and Cargill.

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