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News Feed Latest worldwide news The Boss Flying the Annin Co. Flag After trying to buy the nationx2019;s oldest flag company, an executive with wide experience ended up running it. PRESS DIGEST - Financial Times - July 31 July 31 (Reuters) - The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy. HTC warns of third-quarter revenue slide, turnaround prospects bleak TAIPEI (Reuters) - Taiwan's HTC Corp said third-quarter revenue could fall as much as 30 percent from the previous three months, far worse than expected and underscoring deepening troubles for a smartphone maker with little prospect of an immediate turnaround. First glimpse of the royal baby CNN's Christiane Amanpour talks about the first glimpse of the royal baby with CNN's Max Foster. Economic Scene Inequality in America the Data Is Sobering Despite its riches, in many areas the United States looks depressingly backward. Addressing that will take more than the presidents words. Florida propane plant blasts injure 8 Equipment failure and human error likely caused propane tank cylinders to explode at a central Florida refilling plant late Monday, a fire official said Tuesday. JPMorgan to pay $410 mln in U.S. power market manipulation probe July 30 (Reuters) - JPMorgan Chase Co agreed to pay a civil penalty of $285 million and disgorge $125 million to settle allegations of power market manipulation in California and the Midwest, the latest settlement in a series of high-profile investigations by U.S. federal energy regulators against banks. ABC Cocina Inside the new restaurant by Jean-Georges Vongerichten, where the dishes are influenced by Spanish-speaking countries. Scientists Cast Doubt on the Closest Exoplanet A new analysis of what a team of astronomers said was evidence of an Earth-mass planet orbiting Alpha Centauri B raises existential questions. Butler Hires Miller as Coach to Replace Outgoing Stevens Butler announced it was promoting the recently hired assistant Brandon Miller to replace Brad Stevens, who took the head job with the Boston Celtics. Nick Price Concerned More With His Team's Spirit Nick Price has circled the globe dozens of times as a professional golfer. UPDATE 3-JPMorgan to pay $410 mln to settle U.S. power market case NEW YORK, July 30 (Reuters) - JPMorgan Chase Co agreed on Tuesday to pay $410 million to settle allegations of power market manipulation in California and the Midwest, the latest in a series of high-profile inquiries by U.S. federal energy regulators. Sweltering in Shanghai July 30 - Residents try to beat the heat as Shanghai records one of its hottest summers in 140 years. Rough Cut (no reporter narration). Angelina Jolie brings her work to Japan July 29 - The actress promotes her film "In The Land of Blood and Honey" in Tokyo. Alicia Powell reports. Harry Byrd Jr., oldest former U.S. senator, dies at 98 WASHINGTON (Reuters) - The oldest former U.S. senator, Harry Byrd Jr., whose family had deep ties to newspaper publishing in his home state of Virginia, died on Tuesday at age 98. Judgment day for U.S. soldier Manning July 30 - Judgment day for U.S. soldier Bradley Manning as he awaits the verdict on whether he will face life in prison without parole in WikiLeaks case. Rough Cut (no reporter narration). Driver in Fatal Spanish Train Was on Phone, Court Says Data from two black boxes show that the driver, Francisco Jose Garzon Amo, was on the phone with a colleague and traveling at almost twice the speed limit. Obama Offers to Cut Corporate Tax Rate as Part of Jobs Deal The president would agree to a reduced rate of 28 percent, down from 35 percent, in return for a commitment from Republicans to invest in middle-class jobs. Judgment day for U.S. soldier Manning July 30 - Judgment day for U.S. soldier Bradley Manning as he awaits the verdict on whether he will face life in prison without parole in WikiLeaks case. Rough Cut (no reporter narration). FOREX-Dollar drifts higher as markets eye Fed decision * U.S. Q2 GDP seen up 1.0 percent * Fed meeting in focus as ECB, BoE also meet this week * Aussie falls on RBA comment, weak GDP dents Swedish crown By Gertrude Chavez-Dreyfuss NEW YORK, July 30... Books of The Times In Sons, David Gilbert Looks at Uneasy Family Dynamics Sons, set in New York, is David Gilberts ambitious novel about fathers and sons. Your Money Rules for Reverse Mortgages May Become More Restrictive The Federal Housing Administration wants to require borrowers to undergo a financial assessment, and it may also factor in their credit scores. GLOBAL MARKETS-Dollar up, stocks pare gains as central banks meet * Dollar index recovers from five-week low * U.S. stock indexes surrender gains; agricultural shares down * Aussie dollar skids after RBA chief hints at rate cut * Chinese central bank injects cash... Scene Stealers Once Writer for The Young and Restless, Is Charging Into a New Episode Maria Arena Bell, once the head writer of The Young and Restless, has taken a hit in her career, but shes never let it stop her. Instead, she has charged into a new chapter. Sinclair Group Is Buying 7 Allbritton TV Stations The price was $985 million, nearly $100 million more than initial predictions by analysts. Time Warner Temporarily Removes CBS in Major Cities A high-stakes battle between the cable company and CBS over fees caused the networks programming to be blacked out in some cities for a half-hour. Obama's U.N. nominee calls world body's inaction on Syria a 'disgrace' July 17 - Samantha Power, President Obama's nominee as U.N. ambassador, calls Security Council response to Syria, a "disgrace." Deborah Lutterbeck reports. Will China's economy crash? Michael Pettis says China's GDP growth rate will likely decline in the coming years, but that's probably a good thing. What to know when visiting Brazil Brazil might be the biggest country most of the world doesn't know a whole heckuva a lot about. That's changing M.I.T. Cleared in Report After Suicide of Activist Arguments persist that M.I.T. could have done much more to end the prosecution of a young man whose promise was great and whose actions caused no damage to the universitys computer network. Lawyer Says A-Rod Would Fight MLB Suspension Beleaguered New York Yankee Alex Rodriguez plans to fight through the appeals process any suspension or banishment Major League Baseball might hand down following its investigation into doping, his lawyer said on Monday. Carlos Slim increases stake in NY Times Oct 6 (Reuters) - Carlos Slim, the Mexican billionaire who loaned the New York Times Co $250 million, has upped his stake in the company for the third time in two months. The world's vanishing glaciers The melting glacial ice in places like the Alps, Greenland and the Himalayas is a dramatic visual document of how our planet's climate is changing. United States 1, Panama 0 One Goal, but Plenty for U.S. to Celebrate in Gold Cup Final Landon Donovan was the driving force behind Brek Sheas goal, which broke a scoreless tie in a game marked by sluggish play and gave the United States its fifth Gold Cup title. You're the Boss Blog This Week in Small Business Hire an English Major Gas prices are spiking. An owner talks about growing without debt. How to compete with Google. Have you ever hired an English major? SpaceX wins bid to launch Canadian radar satellites (Reuters) - Privately owned Space Exploration Technologies was selected to launch a trio of Canadian radar satellites aboard a single Falcon 9 rocket, the company announced on Tuesday. A Burst of Solar Power A NASA physicist explains why scientists are increasingly concerned about the effect of solar flares on our wired world. UPDATE 1-Japan to resume imports of U.S. western white wheat TOKYO, July 30 (Reuters) - Japan will resume buying U.S. western white wheat, the nation's farm minister said on Tuesday, after halting imports of the grade following the discovery of a genetically modified strain in an Oregon field earlier this year. You're the Boss Blog A Business Owner Weighs the Risks of Choosing the Wrong Investor Does YogaFit need venture capital or a chief operating officer? U.S., Liechtenstein bank reach settlement in tax evasion case WASHINGTON (Reuters) - U.S. federal prosecutors and Liechtenstein's oldest bank, Liechtensteinische Landesbank AG, announced a $23.8 million settlement on Tuesday that halts any criminal prosecution of the bank, which admitted to helping U.S. clients evade taxes.

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