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NEWSMAKER Carney on IMF, inflation how he got his new job
Incoming Bank of England governor Mark Carney explains where he differs with the IMF on austerity, central bank inflation targeting and how he was made Bank of England chief even though he's Canadian.


Morgan Stanley fined for selling exotic funds to unwary investors
NEW YORK (Reuters) - Morgan Stanley has agreed to pay a $100,000 fine to New Jersey state securities regulators for selling exotic exchange-traded funds to unwary investors, state officials said on...


Editor's Choice
Our best photos from the last 24 hours.


Home Prices Jumped 12.2% in May
Home values are rising as more people are bidding on a relatively tight supply of houses for sale.


New golf course at St. Andrews
Living Golf goes behind the scenes as work starts on a new course at the home of golf.


Sports Briefing | Soccer Columbus Crew Change Hands
The Columbus Crew announced that Precourt Sports Ventures LLC acquired the operating rights to the Major League Soccer club from Hunt Sports Group.


UPDATE 4-Icahn sues Dell in latest attempt to foil buyout
Aug 1 (Reuters) - Activist investor Carl Icahn sued Dell Inc and its board on Thursday, his latest attempt to derail a $24.4 billion buyout bid by the computer maker's founder and CEO Michael Dell.


Dining Review | Westchester A Review of So Gong Dong Tofu, in Hartsdale
So Gong Dong Tofus small menu spins variations on three basic entrees soondubu jjigae, a tofu stew; bibimbap, sauted vegetables and meat over rice; and barbecue.


Worst airport for delays is...
Need to get somewhere on time?


Hollywood's top-earning females
Angelina Jolie has beaten some of Tinseltown's best-known starlets to top spot in Forbes' annual list of highest-paid actresses. How did she do it?


T Magazine On Beauty | Travel-Friendly Products Thatll Make Your Summer a Whole Lot Smoother
Have these nine items at the ready and youll be equipped to deal with warm, sticky weather, wherever you find it.


UPDATE 2-Google bets customization will be Moto's X-factor
NEW YORK/SAN FRANCISCO, Aug 1 (Reuters) - Motorola on Thursday unveiled a new smartphone that consumers can personalize with a choice of colors and materials, hoping to stand out in a crowded market and justify the $12.5 billion that Google Inc paid for the ailing handset maker.


Homeownership slips to 17-1/2-year low
WASHINGTON (Reuters) - Homeownership in the United States hit a 17-1/2-year low in the second quarter as Americans continue to shift toward renting, one of the lingering legacies of the recession.


U.N. More civilians dying in Afghanistan
Civilian casualties in Afghanistan increased 23% in the first six months of this year, the United Nations said in a report released Wednesday. The U.N. says improvised explosive devices are the main factor behind the rise.


Film Academys New Leader Starts by Sizing Up Oscars
Cheryl Boone Isaacs, who was elected head of the Academy of Motion Picture Arts and Sciences on Tuesday, started her presidency talking to the producers of the Oscars.


Russian military's rap video calls for new recruits
August 01 - Russian Defense Ministry creates a rap video to encourage young people to join the army. Elly Park reports.


The One-Day Contract, a Last Hurrah for Athletes
As Hideki Matsui and Donovan McNabb illustrated this week, the one-day contract has become a rite of passage for modern athletes a select few, anyway before they retreat from the spotlight.


Russian military's rap video calls for new recruits
August 01 - Russian Defense Ministry creates a rap video to encourage young people to join the army. Elly Park reports.


Breakingviews DOJ's Cohen scapegoats
July 25 - Antony Currie and Breakingviews columnists discuss how criminal charges against SAC may push the hedge fund under, unfairly punishing the fund's current staff.


Herb Kaplow, Voice of ABC and NBC News, Dies at 86
Mr. Kaplows resonant voice and craggy face were familiar to generations of viewers of the nightly news broadcast.


Fast Bolt
Usain Bolt returned to the scene of his triple gold medal triumph at the 2012 London Olympics Friday and did not disappoint a capacity crowd soaking up a large dose of nostalgia at a Diamond League meeting.


U.S. rethinking Putin summit after Snowden move
WASHINGTON (Reuters) - High-level talks between Russia and the United States scheduled for next week in Washington are "up in the air" and a September summit also is in doubt after Russia granted asylum to former intelligence contractor Edward Snowden, U.S. officials said on Thursday.


United Nations May Fall Short in Food Aid for Syria
The World Food Program, which sought to help three million Syrians in July, cited intensified fighting in its inability to distribute more goods.


Sports Briefing | Colleges Former W.N.B.A. President to Lead Big East
The newly reconstituted Big East Conference has hired Val Ackerman, a former W.N.B.A. president and a member of the Womens Basketball Hall of Fame, as its commissioner.


A First-Generation Student Striving to Inspire Black Youth
A first-generation student worries that hes done the one thing he feared most let his family down.


Pope 'Who am I to judge' gay clergy
Pope Francis says he will not "judge" gays and lesbians -- including gay priests. Is the church now changing its approach to historically marginalized groups?


The 30-Minute Interview Samuel Schneider
Mr. Schneider is a managing partner of Imperium Capital, a real estate development and investment company based in New York; its holdings include the Apple Store in SoHo.


UPDATE 4-Icahn sues Dell in latest attempt to foil buyout
Aug 1 (Reuters) - Activist investor Carl Icahn sued Dell Inc and its board on Thursday, his latest attempt to derail a $24.4 billion buyout bid by the computer maker's founder and CEO Michael Dell.


UPDATE 4-Icahn sues Dell in latest attempt to foil buyout
Aug 1 (Reuters) - Activist investor Carl Icahn sued Dell Inc and its board on Thursday, his latest attempt to derail a $24.4 billion buyout bid by the computer maker's founder and CEO Michael Dell.


Currents | Outdoors An Outdoor Shower Inspired by P.S. 122
The shower manufactured by Oborain was named after the New York City school-turned-performance-space.


Turkish embassy in Somalia attacked
Three suicide bombers in a single car attacked a building in Somalia that is part of the Turkish Embassy, a spokesman for the Turkish foreign ministry said.


Manning Trial Focus Returns to State Dept. Cables
Prosecutors of Army Pfc. Bradley Manning are focusing on the damage done by his release through WikiLeaks of more than 250,000 U.S. diplomatic cables.


CNN Inside North Korea
North Korea celebrates 60 years since the armistice that ended armed conflict in the Korean War. Ivan Watson reports.


One Direction star signs professional deal
One Direction have already taken the music world by storm and now Louis Tomlinson is hoping to become a star in the football world.


Social Qs Girls Not Allowed
Answers to questions about sexism in the workplace, dealing with unwanted encouragement and more.


Big ideas from small business
In the heart of London's bank towers, one floor has been handed over to entrepreneurs. CNN's Jim Boulden reports.


Park, Seeking 4th Straight Major, Opens With 69
Wearing a black rain suit and a soft smile, Inbee Park looked calm as ever standing before the imposing Royal Ancient clubhouse just moments before she teed off Thursday in the Women's British Open.


Crutchlow Set to Announce Move to Ducati Reports
Britain's Cal Crutchlow is expected to announce on Friday that he will join the factory Ducati team from next season on a two-year deal, local media reported on Thursday.


T Magazine The Look | Karlie Kloss Stops Traffic in Neon
During her television appearance on ABC, the model took over Midtown Manhattan in a bright dress by Calvin Klein.


A fair World Cup deal for Brazil?
After some of the world's biggest corporations such as Apple and Google have come under pressure over aggressive tax avoidance strategies, now its FIFA's turn to defend its lucrative financial arrangements with 2014 World Cup hosts Brazil.


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