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News Feed Latest worldwide news Chinas Feud With West on Solar Leads to Tax The tariffs could exceed 50 percent on materials imported from the United States and South Korea used to build solar panels, a move seen as retaliation for an American trade lawsuit. U.S. shutdown battle begins as Republicans kill spending measure WASHINGTON (Reuters) - A battle in Congress expected this fall over the budget and a potential government shutdown broke out early on Thursday as Republicans in the U.S. Senate effectively killed a $54 billion spending bill for transportation and housing projects. Mexicans create a 58-meter-long (190-foot-long) sandwich August 01 - Mexico City breaks a record for the longest sandwich ever prepared in Latin America. Elly Park reports. Bolt and Gebrselassie's protege? When Haile Gebrselassie speaks people listen. Uruguay debates legalizing marijuana Uruguayan lawmakers are weighing a controversial marijuana legalization bill. Egypt's acting leader hints at state of emergency Egypt's interim president made an executive decision to transfer powers to the prime minister in the case of a state of emergency, state-run media reported. Russia Grants Snowden 1-Year Asylum The refugee status in Russia was the first formal support from another government for Edward J. Snowden, the former intelligence contractor wanted for leaking details of surveillance programs. N.F.L. Roundup Panthers Doing Best to Limit Tackling To avoid unnecessary injuries as a result of contact, Carolina has been emphasizing form tackling during team drills, with defenders wrapping up ball carriers but not taking them down. NEWSMAKER Larry Summers on challenges to the economy Former U.S. Treasury Secretary Larry Summers and Reuters' Chrystia Freeland discuss global economic growth, the future of higher education and whether you should get a law degree. Corner Office Ken Lombard, on Staying a Student of Business The former business partner of Magic Johnson advises business school students to be hungrier than youve ever been after graduation, because competition will be intense. T Magazine About Last Night | An Art Soiree Starring Lady Gaga The twentieth annual Watermill Center summer benefit was both a fundraiser and a bacchanalian spectacle. Fantasy Football Players to Avoid, Quarterbacks and Running Backs Though these players could be useful depending on where you draft them, we will do our best to keep them off our fantasy football rosters this summer. Clip Air brings air travel by train June 19 - Swiss researchers have released futuristic designs for attachable modular aircraft that will allow passengers to board a plane at a railway station and disembark at their destination without ever setting foot in an airport. EPFL says its Clip Air project is no flight of fancy. Jim Drury reports. Activision CEO says 'business as usual' after buyback deal SAN FRANCISCO (Reuters) - Activision Blizzard Inc will conduct "business as usual" for now while it explores growth and acquisition opportunities, the video game publisher's CEO said on Thursday after sealing a deal last week to buy back most of parent company Vivendi's stake for more than $8 billion. Amid Protests, Inmates Escape From Libyan Prison Protesters attacked the offices of the Muslim Brotherhood of Libya and the liberal National Forces Alliance party, after demonstrations set off by killings turned violent, witnesses said. CORRECTED-US STOCKS-Dow, SP 500 end at new highs after data, stimulus in place (Corrects first paragraph to say manufacturing, not service growth) 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. Snedeker profits from Mahan's new arrival It was a weekend that Brandt Snedeker and Hunter Mahan will never forget. Snedeker won his second PGA Tour event of 2013 as Mahan celebrated the birth of his daughter. You're the Boss Blog This Week in Small Business Pay Cash Chief financial officers are more optimistic. A report says small businesses are particularly vulnerable to climate change. But for one fishmonger, business still stinks. Do you pay your interns? Obama speaks with Palestinians' Abbas, Israel's Netanyahu WASHINGTON (Reuters) - President Barack Obama spoke separately by phone on Thursday to Palestinian President Mahmoud Abbas and Israeli Prime Minister Benjamin Netanyahu, the White House said, as the United States seeks to keep up the momentum for peace negotiations. Music Review Oscar, at Santa Fe Opera, With David Daniels, Countertenor David Daniels is Oscar Wilde in Oscar, a new opera by Theodore Morrison that had its premiere at the Santa Fe Opera. Singapore wealth fund GIC sees western banks healing, could invest more SINGAPORE, Aug 2 (Reuters) - Singapore sovereign wealth fund GIC, the single biggest shareholder of UBS, said it believes the western banking industry is healing and it has the capacity to invest... Ivory Culprit in Kenya Ex-Official From U.S. David McNevin, who served as a defense attach at the American Embassy in Nairobi, was stopped at an airport last month with a little less than two pounds of ivory. Clowney, Jay-Z Talks Were Within NCAA Rules A South Carolina spokesman says the school found no impermissible contact between All-American defensive end Jadeveon Clowney and Jay-Z, the rap mogul turned sports agency head. Lakers' Steve Nash to Try Out for Inter Milan Steve Nash believes Kobe Bryant is ahead of schedule in his recovery from Achilles' surgery, is hopeful that the Los Angeles Lakers will finally find the chemistry they lacked a year ago and is finding himself fueled by the memories of an injury-filled season. Masters on social media CNN tracks social media reaction throughout the Masters weekend. Mentally Fatigued Mickelson Battles to a 72 at Firestone Euphoric after winning his fifth major crown at the British Open last month, Phil Mickelson had a tough time mentally re-adapting to the rigors of the PGA Tour at the WGC-Bridgestone Invitational on Thursday. Task Force Urges Scans for Smokers at High Risk A shift to CT scans from chest X-rays has the potential to save 20,000 lives a year, experts say. Thai crash highlights tourist risk A deadly bus crash in Thailand has raised further concerns about travel safety in a country increasingly known for not just its beautiful beaches but the high volume of road-related deaths that occur every year. CORRECTED-UPDATE 1-Teva Pharm faces U.S. patent worries, dip in profits (Corrects 12th paragraph to show CEO said expects stronger fourth quarter, not stronger 2014) House Proud Life on the Farm E-I-E-I ...Oh? Tara Smith and her husband, Craig, knew nothing about farming. But that didnt stop them from buying and operating a 300-acre spread in Northern California. Wax Hugo Chavez for Cuban museum July 30 - A self-taught family of wax figurine artists creates a life-size sculpture of Hugo Chavez to go on display at Cuba's wax museum. Tara Cleary reports. Good transfer business? FIFA agent, Rawad Kassis talks to Pedro Pinto about the strategy behind football clubs spending millions on transfers. Television Review Our Nixon, a CNN Documentary About White House Cameras Our Nixon, a CNN documentary, uses recently released Super 8 footage of insider perspectives of the White House. House Proud Life on the Farm E-I-E-I ...Oh? Tara Smith and her husband, Craig, knew nothing about farming. But that didnt stop them from buying and operating a 300-acre spread in Northern California. U.S. Secretary of State Kerry in Pakistan on unannounced visit Aug. 1 - U.S. Secretary of State John Kerry holds talks with Pakistani officials in Islamabad. Rough Cut (no reporter narration). UPDATE 1-Citigroup to pay $10.75 mln in arbitration Aug 1 (Reuters) - Citigroup Inc was ordered to pay $10.75 million to a former customer over losses from investments in Royal Bank of Scotland Group PLC, which was bailed out after the 2008 financial... Many Bars Misled Drinkers, New Jersey Says The restaurants were accused of charging customers for premium whiskeys and other liquors and serving them cheaper brands instead. Interfaith Medical Center Plans to Close The Central Brooklyn hospital, asking a bankruptcy court to approve the plan, outlined a phased shutdown, from mid-August to November. Sarah Douglas, David Grosz The bride is the culture editor at The New York Observer; the groom is the president of a company that creates artist catalogues raisonns in digital form.

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