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News Feed Latest worldwide news Venture-backed IPOs and MA activity decline in value SAN FRANCISCO, Oct 1 (Reuters) - Average sizes of both initial public offerings and acquisition prices dropped for venture-backed companies last quarter as some companies battled a tough environment in their sector and others faced outsized comparisons from a year earlier. South Korea shows military might Oct. 1 - South Korea shows new missiles to target North Korean artillery and long-range weapons in a rare military parade. Paul Chapman reports. No. 1 Alabama Blanks No. 21 Mississippi 25-0 Alabama responded to a week of soul-searching with a dominating defensive performance against Mississippi. UPDATE 10-Oil prices lower as U.S. government remains shut down * Coming up EIA oil data at 1030 a.m. EDT on Wednesday (Updates with API data, post-settlement prices) East Germany's secret police The sometimes ludicrous disguises and complex surveillance techniques used by East Germany's Stasi secret police to psychologically brutalize the population have been revealed, more than two decades after the fall of the Iron Curtain. First floating turbine seeks winds of change in US Sept. 29 - North America's first floating wind turbine, launched in May, is being hailed as a prototype for a future US offshore energy industry. While the small "pilot phase" unit, sitting off the Maine coast, produces only enough electricity to power four homes, it represents the first stage of a far more ambitious project. Tara Cleary reports. Your Money Auto Leases Entice, but Theyre Still Costly A car lease may seem like a steal, but it still costs several thousands more than buying a new car, not to mention a newish used car. ArtsBeat Video Reviews of Don Jon, Muscle Shoals and Metallica Through the Never Times critics on Metallica Through the Never, Muscle Shoals and Don Jon. Wealth Matters Younger Generations Approach to Investing Three reports by big financial institutions show how the younger generations want to set themselves apart from the baby boomers. Set to Play, Bulls Rose Puts Focus on Future Derrick Rose offered no apologies in explaining his decision to not return last season from an A.C.L. injury, and said the time off had helped make him a better player. UPDATE 2-Mobilicity wins creditor protection, seeks buyout OK TORONTO, Sept 30 (Reuters) - Wireless telecom company Mobilicity, one of the smallest players in the Canadian market, said it won creditor protection from an Ontario court on Monday as it seeks regulatory approval for a transaction that would allow it to keep operating. UPDATE 1-Small earthquake hits Spain near gas storage project MADRID, Oct 1 (Reuters) - A small earthquake struck Spain's east coast on Tuesday, the strongest ever measured in the area, just days after the government halted work on a big offshore gas storage plant following hundreds of recent minor tremors. Merck to slash annual costs by $2.5 billion, cut 8,500 jobs (Reuters) - Merck Co, taking a cue from rival drugmakers that have slashed research spending to bolster earnings, said it will cut annual operating costs by $2.5 billion and eliminate 8,500 jobs, or more than 10 percent of its global workforce. Open Mic from Tehran Iranians in Tehran step up to CNN's Open Mic and tell Americans what they really feel about them. James Street, 65, Dies; Led Longhorns to National Title Street became an instant legend for fueling a 15-14 victory over Arkansas in 1969, which gave Texas the national crown, as declared by President Richard M. Nixon. Scientists more convinced mankind is main cause of warming STOCKHOLM (Reuters) - Leading climate scientists said on Friday they were more convinced than ever that humans are the main culprits for global warming, and predicted the impact from greenhouse gas emissions could linger for centuries. Jane Connell, Agnes Gooch of Mame, Is Dead at 87 Ms. Connell appeared in musicals, TV and movies, but was best known for her Agnes Gooch in the musical Mame, on Broadway and on screen. QA Making iOS 7 More Readable Enlarging the system type on your devices, and installing software when you have no CD drive on your laptop. International Real Estate House Hunting in ... South Africa The market in Cape Towns affluent beachfront suburbs like Camps Bay and nearby Clifton has improved over the last year. "Practical" solar car hits the road in Sydney Sept. 16 - Among the teams competing in next month's 3000 kilometer World Solar Challenge race across Australia, is a group from the University of New South Wales who've built a solar-powered vehicle designed to look like a conventional car. In a field dominated by vehicles that look anything but conventional, the car provides a glimpse of what we could be driving on the roads in years to come. Lester Ranby was there for its first test drive. Editor's Choice Our best pictures from the last 24 hours. Rodriguez Grievance Hearing Starts The grievance to overturn Alex Rodriguezs 211-game suspension began before arbitrator Fredric Horowitz. The Week Ahead | Art Pictures of a Day Lodged in Memory This show revisits the assassination of President Kennedy and the whiplash series of consequences that followed. Teen knew 'sextortion' suspect The college student accused of hijacking the webcam of Miss Teen USA Cassidy Wolf and other young women is a former high school classmate of the pageant winner. Guinea delays election result, opposition warns against rigging CONAKRY (Reuters) - Guinea's electoral commission said on Tuesday results from a weekend legislative election could take days longer than expected to publish, prompting opposition leaders to warn they would not accept any attempt to rig the outcome. White House rejects latest Republican offer to end shutdown WASHINGTON (Reuters) - The White House rejected a Republican plan to reopen portions of the U.S. government on Tuesday as the first shutdown in 17 years closed landmarks like the Statue of Liberty and threw hundreds of thousands of federal employees out of work. Rouhani to change U.S. relations? Iranian President Hassan Rouhani has made a series of gestures in an effort to end Iran's nuclear row with the West. But why has the move come and can it succeed? Glow Scenes from the all-night, interactive art festival in Santa Monica, Calif. China Ban on Items for Nuclear Use to North Korea May Stall Arms Bid The export ban, if it is implemented fully, would give a boost to United Nations sanctions imposed this year that were meant to starve the Norths increasingly sophisticated nuclear programs. US STOCKS-Wall St rebounds as gov't shutdown seen short-lived * Investors see buying opportunity if shutdown not prolonged Els Paves the Way for South Africans Ernie Els remembers them as being part of his junior golf foundation in South Africa. They were leaders, who backed it up with their games. Health Insurance Exchanges Scramble to Be Ready as Opening Day Nears Officials are warning that despite fevered efforts, their new online markets where people can shop for health plans will not be fully operational at first. Even at $700, Apple is not a bubble Felix TV It took 15,000 data points to answer a question millions of investors are asking Is Apple stock overvalued? With the help of friends at Datastream, Reuters blogger Felix Salmon presents a unique visual analysis showing that even at $700 a share, Apple is not overvalued as Microsoft was before its bubble burst. (September 19, 2012) Shutdown could slam frail U.S. economy Oct. 1 - The government shutdown hits a fragile U.S. economy, taking away not only government jobs that contribute to economic growth, but also many of the tools used to determine monetary policy. Bobbi Rebell reports. New vaccine targets Hepatitis B eradication Aug. 5 - Israeli drug company SciVac has developed a third-generation vaccine for Hepatitis B, a virus that kills more than half a million people each year. The company says the vaccine has the potential to stop the disease in its tracks and is currently seeking approval for its use in the United States and Europe. Elly Park reports. Bats Triple Play Week 26 Results Readers were asked to put their predictive skills to the test one last time for the 2013 baseball season. U.S. federal shutdown impact minimal for municipals-Fitch NEW YORK, Oct 1 (Reuters) - The impact of the U.S. federal government shutdown is minimal for U.S. municipalities, credit ratings agency Fitch Ratings said on Tuesday, adding that failing to increase the government's borrowing limit by later in the month is a bigger concern. Citing shutdown, US requests stay in fight over US Air, AMR deal Oct 1 (Reuters) - The U.S. Department of Justice on Tuesday requested a stay of proceedings in its legal fight with US Airways Group Inc and American Airlines parent AMR Corp over the carriers'... Sonar jamming moths hinder hungry bats Sept. 25 - A tiger moth native to the deserts of Arizona has developed a highly evolved sonar jamming system it uses to fend of attacks by hungry bats. The discovery, described in a paper published in the journal PLOS One, could have applications in the design of acoustic deterrents to protect bats from dangerous wind turbines. Rob Muir reports. From fashion model to mogul On the heels of London Fashion Week, CNN takes a look at how a new generation of supermodels are moving beyond the catwalk and making millions from their own brand.

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