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News Feed Latest worldwide news Spains Prime Minister Says He Erred, but Rejects Calls Seeking His Resignation During a rare appearance before lawmakers Thursday morning, Prime Minister Mariano Rajoy admitted errors but denied widespread corruption in his governing party. TIMELINE-Dell's buyout a topsy-turvy affair Aug 1 (Reuters) - The proposal by Michael Dell and Silver Lake to buy out and take private the world's No. 3 PC maker, Dell Inc, for $24.4 billion will be put to the test on Friday, when shareholders gather for a third time in Texas to cast their votes. PRESS DIGEST - British Business - July 30 July 30 (Reuters) - The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy. Saudi blogger faces jail, 600 lashes A Saudi court has sentenced a activist to seven years in prison and 600 lashes for violating the nation's anti-cybercrime law, Human Rights Watch reported Wednesday. Doping allegations hobble A-Rod Alex Rodriguez is the rare athlete who transcends the sport in which he is considered one of the greatest players of all time. To Make It Up to Rowling, Law Firm Makes a Donation Russells, the law firm responsible for revealing that J.K. Rowling wrote a mystery novel under a pen name, also apologized to her. Modern Love Uh, Honey, Thats Not Your Line A screenwriter tries and fails to make an actual human girlfriend fit into a tempting cinematic trope. UPDATE 2-Google bets customization will be Moto's X-factor NEW YORK/SAN FRANCISCO, Aug 1 (Reuters) - Motorola on Thursday unveiled a new smartphone that consumers can personalize with a choice of colors and materials, hoping to stand out in a crowded market and justify the $12.5 billion that Google Inc paid for the ailing handset maker. Russian Bolshoi acid attack victim may return to work next month MOSCOW (Reuters) - Sergei Filin, the artistic director of Russia's Bolshoi ballet who nearly lost his sight when a masked attacker threw acid in his face six months ago, said on Thursday he hoped to be back at work next month. Behind Sesame Street's Muppets Since the 1960s, Sesame Street's puppets have been running, singing and dancing their way across our TV screens as if possessed of a life of their own. T Magazine Listen Up | The Strange Soul Circus of King Khan and the Shrines Exclusive T hosts the premiere of the bizarro stop-motion music video for outr Berlin-based garage band. 'I am not a monster,' Cleveland abductor Ariel Castro tells court Aug. 1 - Cleveland kidnapper Ariel Castro admitted at a court hearing on Thursday that he was a sick man, but said he is not the monster described by prosecutors. Rough Cut (no reporter narration). 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. Gibraltar's $200m yacht hotel Imagine this in your hot little hands you hold a blueprint for a luxury hotel in one of the most idyllic -- and tiny -- locations in the world. The One-Day Contract, a Last Hurrah for Athletes As Hideki Matsui and Donovan McNabb illustrated this week, the one-day contract has become a rite of passage for modern athletes a select few, anyway before they retreat from the spotlight. ArtsBeat Reeve Carney Hangs Up His Spider-Man Tights Mr. Carneys last performance in Spider-Man Turn Off the Dark will be on Sept. 15. TIMELINE-Dell's buyout a topsy-turvy affair Aug 1 (Reuters) - The proposal by Michael Dell and Silver Lake to buy out and take private the world's No. 3 PC maker, Dell Inc, for $24.4 billion will be put to the test on Friday, when shareholders... Lloyds shares surge on sharp profit rise Shares in Lloyds Banking Group surged on Thursday as it signalled that a resumption of dividend payments was on the horizon and the Group's CEO fuelled expectations that the government would sell its stake in the bank. Pressel, Lennarth lead as Park fades at British Open (Reuters) - American Morgan Pressel and Sweden's Camilla Lennarth shared the lead at the women's British Open on Thursday as grand slam-hunting South Korean Inbee Park slumped to finish three shots off the pace in the first round. Player Ratings U.S. (3) vs. Honduras (1) Player ratings from the Concacaf Gold Cup semifinal between the United States and Honduras in Arlington, Tex. Mickelson savors his 'greatest day' They were tears of pride as Phil Mickelson conquers the greatest test in the game of golf. Solid earnings boost Britain's FTSE LONDON, Aug 1 (Reuters) - Britain's top shares edged up on Thursday, trading around two-month highs, as robust corporate earnings, including from Lloyds Banking Group, helped keep the market buoyant. UPDATE 1-Chile court rejects approval of Endesa coal power project SANTIAGO, Aug 1 (Reuters) - A Chilean appeals court rejected a ministerial group's decision on Thursday and blocked the construction of energy firm Endesa's $1.4 billion, coal-fired thermoelectric project. United Nations May Fall Short in Food Aid for Syria The World Food Program, which sought to help three million Syrians in July, cited intensified fighting in its inability to distribute more goods. Bats Yankees Are Quiet at Deadline but Hope to Make Noise Soon The Yankees did an un-Yankee-like thing they stood pat before the trade deadline. But hope is coming with the return of healthy players. Retired From NHL, Kovalchuk Signs Deal to Play in Russia Ilya Kovalchuk signed a four-year deal with SKA St. Petersburg of the Russian Kontinental Hockey League on Monday, four days after the former New Jersey Devils All-Star forward abruptly retired from the National Hockey League. US STOCKS-Dow, SP 500 end at highs after data, stimulus in place NEW YORK, Aug 1 (Reuters) - The Dow and SP 500 ended at record highs on Thursday, with the SP 500 rising above 1,700 after strong data on factory growth and as central banks said they would keep... Spain's Rajoy says he was wrong to trust treasurer in party funding scandal MADRID (Reuters) - Spanish Prime Minister Mariano Rajoy apologized on Thursday for mishandling a major corruption scandal, but denied he or his center-right People's Party accepted illegal payments and rejected opposition calls to step down. Dick Kazmaier, a Heisman Winner Who Passed on the N.F.L., Dies at 82 Mr. Kazmaier, a Princeton halfback who won the Heisman in 1951, was drafted by the Bears but declined to join the team, or any other, saying he had achieved all he wanted in the sport. Home Prices Jumped 12.2% in May Home values are rising as more people are bidding on a relatively tight supply of houses for sale. Turkey frees bird accused of spying for Israel ISTANBUL (Reuters) - Turkish authorities detained a bird on suspicion it was spying for Israel, but freed it after X-rays showed it was not embedded with surveillance equipment, newspapers said on Friday. 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? Gallery filthy fun at mud festival Millions get filthy in Boryeong, South Korea. T Magazine All the Rage | An Ancient Japanese Hand-Dyeing Technique Makes a Comeback Shibori, a craft technique said to have originated in the eighth century, is cropping up in a variety of clothes and home accessories. Bolt and Gebrselassie's protege? When Haile Gebrselassie speaks people listen. Time Warner Cable posts weak Internet numbers, sparks deal talk (Reuters) - Time Warner Cable Inc reported quarterly revenue below analysts' estimates as it added less than half the number of subscribers for high-speed data services that analysts had expected. 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. Well Medical Procedures May Be Useless, or Worse Many new techniques and medicines are either no more effective than the old ones, or worse, and many doctors persist in using practices that have been shown to be useless or harmful, a new analysis shows. U.S. labor costs rise, point to more steady inflation WASHINGTON (Reuters) - U.S. labor costs rose in the second quarter and were higher in the prior period than previously estimated, a sign of inflationary pressure that could be a relief to... UPDATE 3-AIG investors cheer first capital return since bailout * Shares rise 6 pct after the bell (Adds background, analyst comment, life insurance unit results; updates shares)

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