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News Feed Latest worldwide news Microsoft Surface new models, same problem Sept. 23 - Microsoft unveils two new powerful and visually enhanced Surface tablets, but analysts say the products still may not have the appeal to sell the millions per quarter needed to catch up to the iPad. Conway G. Gittens reports. 40% odds of a U.S. shutdown and default Analyst Guggenheim Partners analyst Chris Krueger says a government shutdown, however messy and disruptive, may be the only way to avoid a far worse U.S. default when the debt ceiling is reached in mid-October. Bayou Corne Journal Ground Gives Way, and a Louisiana Town Struggles to Find Its Footing Almost nothing in Bayou Corne has been the same since a voracious sinkhole opened up in 2012, and a year later its still growing, swallowing trees and belching methane. Tool Kit A Surge in Growth for a New Kind of Online Course Three major sites have emerged in the last couple of years to offer massive open online courses, greatly expanding the opportunity to take college classes. U.S. to exhaust borrowing capacity by October 17 Treasury WASHINGTON (Reuters) - U.S. Treasury Secretary Jack Lew warned Congress on Wednesday that the United States would exhaust its borrowing capacity no later than October 17, at which point it would have only about $30 billion in cash on hand. N.C.A.A. Taking Flexible Approach to Basketball Tournament The N.C.A.A. announced changes to the way it will select teams for the mens basketball tournament, adding flexibility in hopes of keeping teams properly seeded. Your Money Adviser Relief From Student Loan Debt for Public Service Workers The federal government is trying to encourage more participation in the Public Service Loan Forgiveness program, which has been underused. On the Red Carpet at the Emmys Looks from the red carpet at the 65th Primetime Emmy Awards. Is U.S.-Iranian deal doable? Aaron David Miller says there is no greater foreign policy priority for Obama than stopping Iran from acquiring a nuclear weapon. Jobs Data Helps Wall St. Halt a 5-Day Slide The gains were limited as investors continued to worry whether Washington lawmakers would manage to avoid a government shutdown and a possible federal debt default. 'Rush' screenwriter inspired by rivalry, not Formula One racing LOS ANGELES (Reuters) - The fast-paced and adrenaline-filled drama "Rush" may be one of the most engaging films about the world of Formula One racing, but British screenwriter Peter Morgan says he couldn't be less of a fan of the elite motor sport. Kerry and Lavrov reach deal on Syria Sep. 26 - United States Secretary of State John Kerry says he "did reach an agreement" with Russian Foreign Minister Sergei Lavrov on a resolution on Syria Thursday. Rough Cut (no reporter narration). Sports Briefing | Tennis Canada Ties Serbia in Davis Cup Milos Raonic of Canada served 34 aces and outlasted Janko Tipsarevic of Serbia in five sets to tie a Davis Cup semifinal at 1-1 after the opening singles matches. Recent Commercial Real Estate Notable properties that have been recently listed for sale, sold or leased. Michael J. Fox's triumphant return to TV For sheer inspirational value, it will be hard to top one of this fall's new TV series, "The Michael J. Fox Show." Insight In Silicon Valley start-up world, pedigree counts SAN FRANCISCO (Reuters) - When asked to name the most notable rags-to-riches entrepreneur that his firm has funded, venture capitalist Ben Horowitz doesn't hesitate Christian Gheorghe, a Romanian... Lauda The most dangerous years 3-time World Championm Niki Lauda talks about the dangers of racing F1 cars in the 70's. Emergency declared around Olympic city Sochi because of floods SOCHI, Russia (Reuters) - Regional authorities declared a state of emergency in Sochi and evacuated a village because of flooding and mudslides less than five months before the Russian city hosts the Winter Olympics. Bayou Corne Journal Ground Gives Way, and a Louisiana Town Struggles to Find Its Footing Almost nothing in Bayou Corne has been the same since a voracious sinkhole opened up in 2012, and a year later its still growing, swallowing trees and belching methane. Japan's Lixil agrees to buy Grohe for about $4 bln - Nikkei TOKYO, Sept 26 (Reuters) - Japanese bathroom equipment maker Lixil Group Corp has reached an agreement with the private equity owners of Grohe to buy the European company for about 400 billion yen... Britain's FTSE 100 index edges higher, miners recover LONDON, Sept 26 (Reuters) - Britain's top share index edged higher on Thursday, with a rise in metals prices on improving seasonal demand from China, the world's biggest consumer of industrial... Bewilderment in Wake of Arrest of A.A.U. Coach The drug trafficking charges against Curtis Malone, the president and co-founder of D.C. Assault, have stunned those who worked with him and the A.A.U. program. UPDATE 1-Slow start to U.S. soy harvest idles Midwest processors CHICAGO, Sept 26 (Reuters) - Several soy processing plants in the western U.S. Midwest were idled amid a slow start to the soybean harvest, trade and company sources said on Thursday. UPDATE 1-U.S. backs market scheme for aviation emissions from 2020 (Updates with additional comments from United States, EU and India) Wine world transformed by China China has a thirst for wine and a new documentary tries to bottle that obsession. CNN's Neil Curry reports. US approves Mylan's purchase of Strides unit, with conditions WASHINGTON, Sept 26 (Reuters) - Generic drugmaker Mylan Inc has won U.S. antitrust approval, with conditions, to buy Agila, a unit of India's Strides Arcolab Ltd, the Federal Trade Commission said... Mata Rebuff Shows Spurs Are a Threat-Villas-Boas Chelsea's decision to block Tottenham Hotspur's move for Juan Mata in the recent transfer window shows the clubs are now genuine rivals, Spurs boss Andre Villas-Boas said on Thursday. Well Rethinking Motion Sickness Thomas Stoffregen, a kinesiologist, believes that motion sickness is connected to posture and gait, not imbalances in the inner ear. Report N. Korea may have started reactor CNN's Sara Sidner reports there are new signs suggesting North Korea might have restarted work at a nuclear facility. The Amazon's World Cup race For the World Cup in 2014, the 42,618-seater Arena Amazonia will be one of the event's most striking stadiums. If it is finished on time..... Swiss banks tout stability and secrecy to lure rich GENEVA (Reuters) - Switzerland's banking industry is relying on its stability and expertise to ensure it has a bright future as a leading center for managing the assets of the rich, despite a... BRICs will suffer from QE rollback - World Bank June 19 - As quantitative easing slows, developing countries will struggle to access capital, warns World Bank President Jim Yong Kim at a newsmaker event in London. Ex-Nokia CEO Won't return 18.8m Nokia's chairman asked Stephen Elop, the Finnish group's former chief executive, if he would forgo part or all of his 18.8m pay-off several days ago as the furore over it grew. GLOBAL MARKETS-Dollar, stocks rise after U.S. jobless data * New U.S. jobless claims near six-year low in latest week DEALS-MA flat so far this year, even with mammoth Verizon deal * U.S. MA up 35 pct, Europe down 24 pct, Asia dropped 8 pct UPDATE 3-EBay to buy Braintree to boost PayPal's mobile presence Sept 26 (Reuters) - Ebay Inc will buy payment gateway Braintree for about $800 million to strengthen its PayPal unit's presence on mobile devices and take out a rapidly growing rival. Op-Ed Contributor The End of Poverty, Soon The evidence for eradication of poverty worldwide is on the side of optimists. Man buys billboard to find love Gordan Engle purchased a Chicago billboard to try to find a wife. U.S. money funds diversify in Puerto Rico, sidestep credit risk BOSTON (Reuters) - Some U.S. municipal money market funds appear to have loaded up on bonds issued by Puerto Rico, whose free-spending ways and chronic deficits have scared off many investors in... Measures to beat power crunch the "new normal" for corporate Japan TOKYO, Sept 27 (Reuters) - Automatic doors are blocked at offices, subway escalators are disabled and much of the headquarters of Japan's biggest utility sits in semi-darkness - all evidence of how a 2-1/2-year power crunch has forced companies to re-think their energy use.

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