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Turning market hits "trend-following" quant funds
LONDON (Reuters) - The global equity pullback over the last month hit "trend-following" quantitative funds the hardest, but the strategy could remain the most profitable in the longer run, delegates...


China fuels Philips profit jump
Jim Boulden speaks with Philips CEO Frans Van Houten about how a focus on local needs has allowed his company to grow.


Mortgages Awaiting Foreclosure Relief
Foreclosure prevention advocates are urging Gov. Andrew M. Cuomo to sign legislation that would prevent lenders lawyers from leaving homeowners facing foreclosure in a state of legal limbo.


Techquity Cheaper iPhone clues, Amazon hiring
July 29 - Clues about a cheaper iPhone come from an unlikely place. Plus, Amazon plans to increase staff at its fulfillment centers.


U.S. Treasury to cut auction sizes as borrowing needs fall
WASHINGTON (Reuters) - The United States plans to decrease the auction sizes of two- and three-year notes over the coming months because improving government finances have reduced the need for debt...


Angelina Jolie earns top dollar
July 30 - Forbes magazine names Jolie the highest paid actress in Hollywood. Alicia Powell reports.


Los Angeles' Forum Arena to Reopen in Jan 2014 After Renovation
The Forum, the erstwhile home of pro basketball's Los Angeles Lakers and hockey's Los Angeles Kings, will reopen in January following a $100 million renovation, event venue operator The Madison Square Garden Co said on Tuesday.


Manning Is Acquitted of Aiding the Enemy
Pfc. Bradley Manning was convicted of multiple counts of violating the Espionage Act for leaking documents to the antisecrecy group WikiLeaks, but was found not guilty of the more serious charge of aiding the enemy.


Marc Andreessen Why I hate going public - Felix TV
The Netscape co-founder and high-profile venture capitalist tells Reuters' Felix Salmon that he hates selling companies -- nearly as much as he hates taking them public. What will his investors say?


Jumbo financing for Ziggo looms as Liberty plots bid
LONDON, July 31 (IFR) - Leveraged finance bankers are prepping for a fierce battle to win an expected mandate from John Malone's Liberty Global (LGI), which looks set to make a bid for Dutch cable...


FCC nominee Wheeler clears Senate Commerce panel vote
WASHINGTON (Reuters) - Tom Wheeler, President Barack Obama's nominee to head the Federal Communications Commission, moved a step closer to confirmation on Tuesday after receiving the approval of the Senate Commerce Committee.


Bianchi's Single Gives Brewers DH Sweep of Cubs
Jeff Bianchi delivered a two-run single off shortstop Starlin Castro's glove with two out in the ninth to lead the Milwaukee Brewers to a 3-2 victory over the Chicago Cubs and a day-night doubleheader sweep on Tuesday.


UPDATE 1-MetLife profit plunges on derivative losses
July 31 (Reuters) - MetLife Inc's second-quarter profit plunged 80 percent due to derivative losses but still managed to beat analysts' estimates as operating earnings increased in the company's retail insurance business.


Delayed Berlin airport costs Germany dear
June 19 - Berlin's new international airport should have been open for a year, but may not start operating until 2017. The cost has doubled to 4.3 billion euros, mostly due to the delays. Joanna Partridge reports from Berlin on what's gone wrong, and looks at other large German infrastructure projects facing delays.


BlackRock starts index series focused on retirement planning
NEW YORK, July 31 (Reuters) - BlackRock Inc, the world's largest money manager, is making a push into the retirement market with a new series of indexes and funds geared toward individual investors preparing for retirement.


CIT clamps down on credit to some J.C. Penney vendors source
NEW YORK (Reuters) - Commercial lender CIT Group Inc abruptly stopped funding some future shipments to struggling retailer J.C. Penney Co Inc , just months before the all-important holiday season, a...


Player Ratings U.S. (1) vs. Panama (0)
Players ratings from the United States national teams 1-0 victory over Panama in the Concacaf Gold Cup final in Chicago.


Inside Art Loss That Lingers, in Memory and Place
Sophie Calles Last Seen series of photographs and texts, about the 1990 theft of 13 artworks from Bostons Gardner Museum, will be shown there this fall.


As solar panels pile up, China takes axe to polysilicon producers
HONG KONG, Aug 1 (Reuters) - Three quarters of China's solar-grade polysilicon producers face closure as Beijing looks to overhaul a bloated and inefficient industry, resulting in fewer but better...


From Deep in West Texas, a Gathering to Consider the Universe
In its 34th year, the Texas Star Party drew more than 500 amateur astronomers from across the United States and Canada to gaze together into the vast open skies.


Swiss "Jetman" flies along B-17 aircraft
Huly 31 - Yves Rossy flies alongside a B-17 bomber in his first-ever display at a public event in the United States. Sharon Reich reports.


Inspiration for 'Contact' still listening
From a remote valley in Northern California, Jill Tarter is listening to the universe.


Israel, Palestinians launch peace talks
The lead Israeli and Palestinian negotiators marked their first direct talks since 2010 by sitting down Tuesday morning with U.S. President Barack Obama ahead of a meeting intended to schedule and outline what could be a grueling, months-long process.


Roundup Pirates Sweep Doubleheader, Pass Cardinals for First Place
Pittsburgh won both games of a doubleheader against St. Louis on Tuesday to take the Cardinals spot atop the National League Central.


Franklin and Lochte through after contrasting heats
BARCELONA (Reuters) - American teenager Missy Franklin cut it fine to make the 50 meters backstroke semi-finals at the world swimming championships on Wednesday, while experienced compatriot Ryan Lochte rediscovered his form in the 200 meters medley heats.


Home Prices Up 12.2 Percent in May
The Standard Poors/Case-Shiller 20-city home price index for May showed the biggest yearly gain since March 2006, a sign that the housing recovery is strengthening.


Washington's corpse flower ends its stinky reign
WASHINGTON (Reuters) - For weeks, gawkers lined up at the U.S. Botanic Garden, hoping to be among the lucky ones to catch the show when a giant-sized corpse flower bloomed for the first time in seven years.


Well Australians Are Getting Fatter
Australia may be known for its rugged outdoor lifestyles but recent statistics suggest a different reality. Australia and its equally outdoorsy neighbor, New Zealand, are now two of the fattest countries in the developed world.


Astronomer finds new moon orbiting Neptune
CAPE CANAVERAL, Florida (Reuters) - An astronomer studying archived images of Neptune taken by the Hubble Space Telescope has found a 14th moon orbiting the planet, NASA said on Monday.


For Airgas founder, time to savor rival's hedge fund headache
NEW YORK, July 31 (Reuters) - For Airgas Inc founder and Chairman Peter McCausland, there was a fair amount of schadenfreude in the air on Wednesday.


For Airgas founder, time to savor rival's hedge fund headache
NEW YORK, July 31 (Reuters) - For Airgas Inc founder and Chairman Peter McCausland, there was a fair amount of schadenfreude in the air on Wednesday.


Australia shares set for cautious start, miners to gain on metal prices
SYDNEY, Aug 1 (Reuters) - Australian shares are set for a cautious start on Thursday, after Wall Street ended flat with the Federal Reserve giving no hint of imminent stimulus tapering, but miners...


Murray the man behind the mask
When Andy Murray dedicated a tournament win to a friend, it revealed an unexpected personal side to one of the more guarded men in sport.


China to invest $375 billion on energy conservation, pollution paper
SHANGHAI (Reuters) - China plans to invest 2.3 trillion yuan ($375 billion) in energy saving and emission-reduction projects in the five years through 2015 to clean up its environment, the China Daily newspaper reported on Wednesday, citing a senior government official.


Next Mars mission should search for past microbial life science panel
CAPE CANAVERAL, Florida (Reuters) - NASA's next mission to Mars should look for past microbial life and collect samples to eventually bring back to Earth, a science advisory group said on Tuesday.


13-pound baby
One of the heaviest babies ever born in Germany was born last week at the University Hospital Leipzig.


TSA misconduct on the rise
Their job is to keep air travelers safe in the wake of the September 11, 2001, attacks. But just how good of a job are they doing?


Scientists create human liver from stem cells
LONDON (Reuters) - Scientists have for the first time created a functional human liver from stem cells derived from skin and blood and say their success points to a future where much-needed livers and other transplant organs could be made in a laboratory.


Crews battle wildfires threatening homes in Pacific Northwest
SEATTLE/ PORTLAND, Oregon (Reuters) - Firefighters in Washington state and Oregon were grappling on Wednesday with blazes that have blackened more than 200 square miles of terrain across the Pacific Northwest, forcing hundreds of residents to flee their homes.


House Republicans leery of 'Obamacare' defunding idea
WASHINGTON (Reuters) - A Tea Party-inspired plan to kill President Barack Obama's healthcare law by forcing a government shutdown unless funds to implement the law are denied has not gained traction among senior Republicans in the U.S. House of Representatives, lawmakers said on Wednesday.


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