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News Feed Latest worldwide news UPDATE 2-Obama picks government trouble-shooter Koskinen to lead IRS WASHINGTON, Aug 1 (Reuters) - President Barack Obama on Thursday nominated John Koskinen, known as a trouble-shooter of distressed organizations, to lead the Internal Revenue Service amid a controversy over the agency's scrutiny of conservative political groups. Mayer Upsets Top Seed Kohlschreiber at Kitzbuehel Leonardo Mayer of Argentina upset top-seeded Philipp Kohlschreiber 6-4, 7-6 (4) on Tuesday to reach the quarterfinals of the bet-at-home Cup. Theater Review Shida Is Jeannette Bayardelles Solo Showcase at Ars Nova In Shida, Jeannette Bayardelle acts and sings in depicting a young womans passage to the edge of adulthood. 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? The curious case of Claudio Yacob Claudio Yacob enjoyed a stellar debut season in the English Premier League after moving from Argentina. But just what was the story behind his transfer to West Bromwich Albion? Mystery at Richard III burial site First came the dramatic discovery of the long-lost remains of King Richard III. Now, there's the mystery of the coffin within the coffin. Archaeologists are puzzled. UPDATE 1-Oracle to pay $199.5 mln to resolve false claims case * Oracle denied engaging in fraud, but agreed to settle (Adds details of case, Oracle comment) Whistle-Blowers in Limbo, Neither Hero Nor Traitor Edward Snowden and Pfc. Bradley Manning say they obeyed a moral imperative on behalf of the public, but the public is divided on whether thats a good thing. UPDATE 3-Lloyds ready for UK government sale as turnaround speeds up * Lloyds confident on capital, raises profit margin guidance World's largest geyser puts on rare show at Yellowstone (Reuters) - The world's largest geyser has exploded to life at Yellowstone National Park for the first time in eight years, sending a high-pressure burst of steamy water 300 feet into the air, a park... Telecom Italia shares drop on capital hike report MILAN (Reuters) - Telecom Italia shares fell more than 5 percent on Wednesday after a media report said the debt-laden phone group was considering a capital increase. UPDATE 5-U.S. buyers snap up vehicles in July, but fleet sales weak DETROIT, Aug 1 (Reuters) - U.S. auto sales to individual U.S. consumers beat expectations in July and major automakers reported low inventories for many hot-selling models, such as Ford Motor Co's Fusion mid-size sedan, suggesting sales would strengthen further this year. Ecuador's Christian Benitez dies aged 27 Ecuador international Christian Benitez, the top scorer in the Mexican league last season, has died suddenly at the age of 27. Can Sharapova retain title? Maria Sharapova reflects on her chances of repeating last year's French Open success. New blade running hero Last year he shocked South Africa's Oscar Pistorius to win over 200m at the Paralympics and Sunday Brazil's Alan Oliveira returned to London's Olympic Stadium to prove he is the fastest amputee sprinter in the world. Factory, jobless data point to firming economy WASHINGTON (Reuters) - Factory activity jumped to a two-year high in July and first-time applications for jobless benefits hit a 5-1/2-year low last week, bolstering views economic growth would accelerate in the second half of the year. T Magazine On View | Los Angeles Architecture, As It Might Have Been A new exhibition surveys a century of unrealized building projects and urban planning schemes for the city. Here are five of the most amazing. Why women don't make partner The scales of justice are beginning to balance as an increasing number of women enter the legal profession. In the UK, it is an even 50% split of gender representation, while in the U.S., female lawyers make up 70% of staff attorneys. Mexico, beyond stereotypes Ariel Moutsatsos takes issue with a recent Ruben Narrarette CNN column that he says makes sweeping and misinformed generalizations about Mexico. Recipe Lab Recipe Lab Video Chat on Jerusalem The authors of Jerusalem A Cookbook, Yotam Ottolenghi and Sami Tamimi, joined Julia Moskin and three home cooks for a live video chat to discuss a recipe for chicken with onions and rice. Budget Chief Sees Opening in House G.O.P. Infighting The presidents new budget director said disagreements among House Republicans could allow for compromise talks with Democrats over spending levels. Senate leader McConnell a big loser on Election Day WASHINGTON (Reuters) - Senate Republican Leader Mitch McConnell set two top goals for the 2012 election a Republican takeover of the Senate and the defeat of President Barack Obama. 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. Senate Approves College Student Loan Plan Tying Rates to Markets The plan would tie interest rates for student loans to the financial markets and brings Congress close to resolving a dispute that caused rates to double in July. TA Associates says private equity pioneer Landry has died NEW YORK, Aug 1 (Reuters) - TA Associates said on Thursday its former chairman, Kevin Landry, whose more-than-four-decade career with the private equity firm helped shape its industry, has died at 69 of cancer. Santana Homers in 10th, Indians Top White Sox 6-5 The Cleveland Indians can seemingly do nothing wrong. Up Close The Marginalized, Front and Center The photographer Peter Baryshnikov, the dance icons son, trains his camera on a destitute slice of life in Guatemala. 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. Gay California Catholic teacher's firing sparks online petition LOS ANGELES (Reuters) - A Catholic teacher's claim that he was fired after marrying his gay partner soon after same-sex marriage was made legal in California has prompted a Web-based push to see him reinstated. Next Stop Action Off the Mountains in Salt Lake City Thanks to a recent surge of places to eat, shop and explore, downtown Salt Lake City is offering new reasons to visit, even outside ski season. Logistics behind 'floating city' Isa Soares ventures below deck to see the operation behind the scenes at the Royal Princess cruise ship. Obama to Appear on Tonight Show His topics, NBC said, will be job initiatives and the economy. How Chromecast could change TV Google rolled out a new Nexus 7 tablet on Wednesday. But a much smaller, much cheaper new gadget may be the one that makes a seismic impact in the consumer technology world. Simpson Makes Most of His First Bridgestone Round Webb Simpson, playing his first competitive round at Firestone Country Club, shot a six-under-par 64 to take a one-stroke lead in the Bridgestone Invitational. Rescued Florida sea turtle headed for Las Vegas casino "retirement" MIAMI (Reuters) - An ailing 320-pound, green sea turtle, believed to be about 50 years old, was packed in a customized FedEx crate to be shipped to Las Vegas on Thursday to give it a better home at a luxury casino. In Transit Blog Walkabout Jewel Thief Strikes France; American Business Travelers Return to Europe A look at top travel stories from the weekend. Sharing the Wealth as a Comic Book Goes to Hollywood The movie 2 Guns, adapted from the comic books from Boom Studios, opens this week. Thanks to Booms creator share model, both the publisher and comics writer reap benefits. Malls kill off HK's street food stalls Decades of urban transformation have decimated Hong Kong's throngs of dai pai dong, supplanting them with glitzy malls and big name eateries. Soccer Australian National Team Seeks Competition in Asia Since becoming a member of the Asian Football Confederation, Australia has seen a rise in its soccer fortunes as its players take on a more technical aspect. You're the Boss Blog E-Commerce Company Learns to Sell Directly on Facebook For one owner, the biggest challenge was figuring out how to accept payments.

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