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News Feed Latest worldwide news 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. NEWSMAKER Liberia must become a manufacturing economy Liberian President Ellen Johnson Sirleaf says her country must move away from its reliance on commodity exports and won't be able to sustain job growth unless it focuses on manufacturing. Cheaper iPhone Will Cost More in China While many analysts expected Apple to price the iPhone 5C at about $400, it will actually go for significantly more in China, where the company is struggling. Hurricane Manuel barrels northward Sept. 19 - Mexico's Baja California Sur braces for Hurricane Manuel as it heads north to the the resort state. Rough Cut (no reporter narration). Back to His Working-Class Roots Christopher Abbott, formerly of HBOs Girls, has found a milieu closer to his working-class roots in the play Where Were Born, at Rattlestick Playwrights Theater. Rainbow laces campaign tied up in knots? It was supposed to provide the pot of gold at the end of the rainbow but the latest effort to fight homophobia in football is in danger of fading into monochrome. BlackBerry bid is credit negative for Fairfax-Moody's TORONTO, Sept 24 (Reuters) - Fairfax Financial Holding Ltd's plan to lead a consortium to buy BlackBerry is credit negative for Fairfax but does not have rating implications, Moody's Investors Service said on Tuesday. Seeking cheaper widgets, NYC to share procurement data Sept 24 (Reuters) - When New York's Rockland County needed to buy two new asphalt rollers for highway construction projects this summer, it saved $38,000 by looking halfway across the country - in... Mexico to revise 2014 budget after storms, death toll around 115 MEXICO CITY (Reuters) - Mexico's Congress will revise its proposed 2014 budget in the wake of some of the worst storm damage in decades, President Enrique Pena Nieto said on Sunday as the death toll from widespread flooding and mudslides rose to some 115. Sports Briefing | Canoeing Canoe Marathon in Oklahoma City Oklahoma City will host the 2014 Canoe Marathon World Championships. It will be the first time the event has been held in the United States. Dot Earth Blog The Vital Long View in Tracking Diminishing Arctic Sea Ice Sea ice around the North Pole retreated less this year than last, but the trend toward an open-water Arctic Ocean in summers remains. Pettersen wins new fifth major Suzann Pettersen denied 16-year-old amateur Lydia Ko a fairtytale first major triumph as the Norwegian took the Evian Championship in France Sunday. Alonso to snub McLaren interest McLaren may want a reunion with Fernando Alonso, but the Spaniard has no intention of leaving Ferrari. Charlize Theron You can't plan life Actress Charlize Theron talks about embracing the unknown after her career as a ballet dancer didn't work out. Costa Concordia What's inside? The nautical blue paint spelling out "Costa Concordia" has almost all bubbled and chipped off the bow of the once luxurious cruise liner after 20 months under salt water off the Italian island of Giglio. Oracle CEO Larry Ellison skips keynote for America's Cup races SAN FRANCISCO, Sept 24 (Reuters) - Oracle Corp CEO Larry Ellison skipped a keynote address at his software company's massive annual customer conference on Tuesday to be on San Francisco Bay as his Oracle Team USA made a comeback in the America's Cup. Chinese 'whistleblower' freed A Chinese journalist jailed for eight years for leaking government restrictions on reporting has been freed. Shi Tao made headlines in 2004 when he sent the media restrictions to a human rights group -- an act that China said amounted to "leaking state secrets." Woods and Stenson Nominated for Player of Year Award Tiger Woods, Adam Scott and Henrik Stenson are among the five nominees for the PGA Tour's Player of the Year, the tour said on Monday. Volkswagen Says It Will Bring Electric Vehicle to U.S. in Two Years The European automaker joins a growing field of alternative energy vehicles on the market. Obama, buoyed by election win, faces new battles WASHINGTON (Reuters) - President Barack Obama had little time to savor victory on Wednesday after voters gave him a second term in the White House where he faces urgent economic challenges, a looming fiscal showdown and a still-divided Congress able to block his every move. Struggling, San Jose Tests a Way to Cut Benefits The city that calls itself the capital of Silicon Valley is planning to cut pensions and other benefits to fight its escalating fiscal woes, and other municipalities are watching. Sports Briefing | Basketball Fever and Lynx Advance in W.N.B.A. Playoffs Tamika Catchings had 18 points and 12 rebounds as the Indiana Fever advanced to the W.N.B.A.s Eastern Conference finals. Throngs greet Apple's newest iPhones, gold color sells out (Reuters) - Thousands of iPhone enthusiasts queued up at Apple Inc stores around the world on Friday as two new models of the smartphone went on sale, but Apple's shares ended slightly lower as... QA Getting the Most Out of Sleep While duration is important, experts say the quality and timing of sleep are critical to a good nights rest. Insider trading trial of SAC's Martoma delayed until January NEW YORK, Sept 24 (Reuters) - A federal judge on Tuesday pushed back the insider trading trial of former SAC Capital Advisors portfolio manager Mathew Martoma to Jan. 6. Japan sales tax hike masks bigger problem of welfare spending * Sales tax hike, spending cuts initially meant as package Monte Paschi delays approval of new rescue plan MILAN/ROME (Reuters) - The board of Monte dei Paschi di Siena , Italy's third biggest lender, delayed approval on Tuesday of a restructuring plan aimed at winning European Union approval for a 4.1 billion-euro ($5.5 billion) state bailout and averting nationalization. Vista Equity to take Greenway Medical private in $644 mln deal Sept 23 (Reuters) - Greenway Medical Technologies Inc will merge with a privately held electronic health records provider owned by Vista Equity Partners in a $644 million deal. GLOBAL MARKETS-Shares lower, dollar struggles on policy debate NEW YORK, Sept 24 (Reuters) - Stocks on Wall Street struggled on Tuesday, with benchmark indexes swinging between losses and muted gains to finally turn lower, amid a lack of clarity on U.S. fiscal... Immelt says GE can succeed in China independently Jan 19 - In an interview with Reuters Global Editor-at-Large Chrystia Freeland, GE CEO Jeffrey Immelt touts the conglomerate's success with joint ventures in China, but says GE has succeeded on its own. The Commissars Culinary Stamp The Soviet era and its demise inspire a food memoir. Facial recognition brings new look to shopping Aug. 19 - Scrambling for credit cards or mobile phones at the checkout counter could become a thing of the past as a Finnish company readies to launch the world's first face recognition payment system. Tara Cleary reports. Robert McCabe Jr., a Kidney Donation Specialist, Dies at 88 After having a donor kidney flown to Moscow in 1979 when no domestic recipients were found, Dr. McCabe used the episode to improve the transplant donor system. COLUMN-Energy efficiency bill threatens to sink in Senate swamp Kemp (John Kemp is a Reuters market analyst. The views expressed are his own) Nadal on historic win World Sport's Amanda Davies chats with 2013 French Open champion Rafael Nadal. The WTA hits 40th Serena Williams and a host of No.1 ranked women's players gather at a unique celebration event Sunday to mark the 40th anniversary of the WTA founded by her 'inspiration' Billie Jean King. N.F.L. Roundup Manning Sets Mark as the Broncos Win Peyton Manning became the first N.F.L. player to throw 12 touchdown passes in the seasons first three games, topping Tom Bradys 11 in 2011, as the Broncos beat the Raiders, 37-21. Oberthur refinances debt to tap hot market conditions LONDON (Reuters) - French smartcard maker Oberthur Technologies is set to refinance its 770 million euro-equivalent ($1.04 billion) of leveraged loans that backed its 2011 buyout by Advent International to take advantage of good market conditions and create a more attractive covenant-lite cross-border debt package, according to banking sources on Tuesday. Square Feet Across China, Skyscrapers Brush the Heavens China is home to 60 of the worlds 100 tallest buildings now under construction, but the scale and speed of the projects have caused concern. India Adjusts Short-Term Interest Rates The changes were aimed at maintaining control of inflation while also making credit somewhat more available to the countrys troubled industrial sector.

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