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News Feed Latest worldwide news F1 chief Grand Prix of America is off Formula One boss Bernie Ecclestone has revealed that the inaugural Grand Prix of America in New Jersey will not take place as planned next year because the organizers have not raised enough money to fund it. Rocking Out East The V-Rox festival in Vladivostok, Russia, was billed as the first of its kind in that country. Gay Marriages Get Recognition From the I.R.S. All same-sex couples who are legally married will be recognized as such for federal tax purposes, even if the state where they live does not recognize their union. UPDATE 2-GE plans to exit U.S. retail lending Aug 30 (Reuters) - General Electric Co plans to spin off the U.S. consumer lending operations of its finance arm GE Capital, as the conglomerate moves to focus on its core industrial operations, a person familiar with the matter said. Movie Review Wamplers Ascent Centers on a Disabled Altruists Climb Wamplers Ascent documents how a man with cerebral palsy and the use of just one arm scaled El Capitan, the worlds biggest rock face. Syrian president will defend against aggression, state TV Aug. 229 - President Bashar al-Assad is quoted on state TV saying the country will defend itself in the face of any aggression, as Iran warns against foreign intervention in Syria. Lily Grimes reports. CEO of Finland's DNA to step down after failed MA talks HELSINKI, Aug 30 (Reuters) - Finnish phone operator DNA said on Friday its chief executive would step down, a month after an aborted attempt to sell the company. The world's longest horse race Welcome to the world's longest horse race, combining wild horses, raging winds and energy-sapping heat in the land of Genghis Khan. Luxury group Herms sees strong demand Aug 30 - French luxury group Herms beat forecasts, posting a 14 per cent rise in first-half operating profit, thanks to strong demand for its silk accessories and handbags - some of which sell for up to 30,000 euro. Ciara Sutton reports. ITC Nexus buys Accumetrics to gain blood-clot monitors Aug 30 (Reuters) - ITC Nexus Holding Co, which sells products to measure blood clotting in patients undergoing anticoagulation therapy, on Friday said it had acquired Accumetrics and its products... QA Are There Reasons for Different Sneezing Patterns? Sneezing patterns have not been extensively studied, but researchers have investigated a couple of reasons that people might sneeze differently. Staying Alive Sharing the Profits Requires Some Tough Calls How often should we pay bonuses? How big should the bonus pool be? Do all employees get to participate? UPDATE 2-Bombardier's CSeries to fly before Sept. 17 -source * CSeries flight to take place in Mirabel, Quebec -source Players' need for speed The love affair between football stars and flash cars goes back years -- but what does the number of players being hit with driving bans say about footballers' need for speed? 7.0 quake strikes near Alaska An earthquake with a preliminary magnitude of 7.0 struck in the Pacific Ocean just south of Alaska's Aleutian Islands on Friday morning, the U.S. Geological Survey said. DealBook In N.Y. Mayoral Race, Small Checks From Hedge Fund Giants New York law caps individual contributions to mayoral candidates, but records for 2013 are notable for their paucity of donations from hedge fund managers. Suriname president's son arrested on U.S. drug smuggling charges PANAMA CITY (Reuters) - A son of Suriname's president has been arrested in Panama and sent to New York to face charges of smuggling cocaine into the United States, U.S. authorities said on Friday. Stephenie McMillan, Film Set Decorator, Dies at 71 Ms. McMillan created the look of all eight Harry Potter films and won an Oscar for the 1996 romance The English Patient. Iliad H1 net income up 78 pct as mobile sales jump PARIS, Aug 30 (Reuters) - French telecom operator Iliad , founded by billionaire Xavier Niel, reported a 78 percent jump in first-half net profit as customers flocked to its cheap mobile-phone contracts. Microsoft gives ValueAct president option to join board Aug 30 (Reuters) - Microsoft Corp said it signed an agreement with ValueAct Capital Management LP that provides the activist shareholder's president Mason Morfit an option to join Microsoft's board... UPDATE 10-Oil slides on U.S. response to Syria, but up for week * British Parliament votes against Syria attack (Adds CFTC commitment of traders data) Motorsport 'No rift with Alonso' Stefano Demenicali has rejected suggestions a power struggle between him and driver Fernando Alonso is the reason behind the team's faltering season. Common Sense Cuckoos Calling Reveals Long Odds for New Authors The book, written under a pseudonym by the best-selling author J. K. Rowling, became a success only after her identity was revealed. Women's Soccer Sky Blue Looks Beyond N.W.S.L. Playoffs As the inaugural season of the new womens league nears its conclusion, Sky Blue F.C. and the Red Bulls of M.L.S. a considering working together. LG Display says to invest $750 mln in small, medium displays SEOUL, Aug 30 (Reuters) - South Korean flat-screen maker LG Display Co Ltd, a key supplier to Apple Inc, on Friday announced a plan to invest 832.6 billion Korean won ($750.28 million) by 2014 in facilities to produce small- and medium-sized displays. The Texas Tribune With Youth Tanning Law, Texas Aims to Lower Melanoma Risk On Sunday, Texas will join a number of states that bar minors from tanning indoors, which experts say greatly increases the risk of melanoma in those under 18. Astors Son Was Contrite Ahead of Release From Prison If he had to do it all over again, parole board members asked Anthony D. Marshall, would he have done things differently? His reply Quite. DealBook Not Banks, but Still Lending Money and Drawing Investors The success of Lending Club, which links up borrowers with investors who are willing to make loans, has spawned imitators and venture capital backers that are looking for similar results. Married gay couples win U.S. marriage tax benefits nationwide WASHINGTON (Reuters) - All legally wed gay couples, no matter which state they live in, are entitled to the same U.S. federal tax benefits as married heterosexual couples, the Obama administration... Pogue's Posts How Ballmer Missed the Tidal Shifts in Tech From the point of view of a tech critic, Steven A. Ballmers 13-year reign as head of Microsoft is baffling. Exposures Gorgeous Glimpses of Calamity Man-made perils to the universes garden of life are evident from space. Ghana court rejects request to extradite Ivorian fugitive * Attempts to pursue Gbagbo allies hampered reconciliation N.F.L. Roundup Flynn Could Be Passed Over, This Time With the Raiders Matt Flynn is in almost the same situation as last year with Terrelle Pryor playing Thursday, Flynn, slowed by a sore elbow, could lose out on a starting quarterback job. Greenland's grand canyon British and American scientists watching Greenland's massive ice sheet have found what appears to be a 460-mile "megacanyon" far beneath the frozen surface of the world's largest island. Banklike Company Offering Cash-Back Rewards to Close PerkStreet Financial, which offered rebates on purchases, said it was out of money and would shut next month but discontinue the rebates immediately. Bronze foundry reinvents itself CNN's Nina Dos Santos looks at how the William Lane Foundry in northern England has reinvented itself to survive. Electric hemp scooter aims high as eco alternative Aug. 30 - According to its Dutch developers, an electric scooter made entirely from natural materials, including around 80 percent hemp, offers a sustainable alternative to fossil fuel power. The Be.e scooter has enough power on a single charge to travel for 80 km at speeds of up to 25 km/h - ideal for fast and flexible city travel. Matthew Stock reports. Wealth Management News - August 30 To access the newsletter, click on the link http//share.thomsonreuters.com/assets/newsletters/wm/WealthManagement_Aug30.htm If you would like to receive this newsletter through your email, please register at https//forms.thomsonreuters.com/wealthmanagementnews/ For an index of our newsletters click on UPDATE 1-Canada says emerging-market volatility on G20 agenda OTTAWA, Aug 30 (Reuters) - Next week's Group of 20 summit will discuss the volatility in emerging markets that erupted after the U.S. Federal Reserve started to talk about scaling back its massive... Exclusive Syrian army moves Scud missiles to avoid strike AMMAN (Reuters) - President Bashar al-Assad's forces have removed several Scud missiles and dozens of launchers from a base north of Damascus, possibly to protect the weapons from a Western attack, opposition sources said on Thursday.

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