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News Feed Latest worldwide news Bits Im Still Waiting for My Phone to Become My Wallet Its long been predicted that consumers would be able to wave their cellphones to buy everything from clothes in a department store to beers in a bar. Why isnt it happening? Marooned at the world's end Capt. Robert Bartlett was awakened by a sharp crack, like a gunshot. His ship was sinking. FDA warns on vitamin supplement containing steroids, cites risks (Reuters) - A vitamin B dietary supplement called B-50 contains two anabolic steroids and has been cited as causing unusual hair growth in women and impotence in men, U.S. health regulators said on Friday, warning consumers to avoid the product. NEWSMAKER Liberia will reform land ownership law, education Liberian President Ellen Johnson Sirleaf says the audit of her country's government has not dampened growth momentum, and feels further reforms will be implemented in land laws and in education U.N. Syria death toll tops 100,000 More than 100,000 people have been killed in the Syrian conflict, U.N. Secretary-General Ban Ki-moon said, as he called for a peace conference to stop the violence on both sides The most dangerous hobby? Unpaid and overworked - why global motorsport relies on its marshals to keep its wheels turning. Sports Briefing | Soccer Guardiola and Bayern Munich Beat Barcelona Bayern Munich defeated Barcelona, 2-0, in a preseason friendly that pitted Pep Guardiolas new side against his former team. Egypt Military Flexes Muscle Against Morsi Amid Rallies After announcing that Mohamed Morsi could face serious criminal charges, the Egyptian military orchestrated a display of military power in an effort to crack down on demonstrators. Renesas plans to close major chip plant in Japan - sources TOKYO, July 27 (Reuters) - Japan's Renesas Electronics Corp plans to close a system LSI chip plant in northern Japan that makes chips for Nintendo Co Ltd's Wii game consoles and other consumer electronics, after failing to find a buyer for the facility, sources familiar with the matter said on Saturday. Legg Mason swings to profit with long-term fund inflows (Reuters) - Asset manager Legg Mason Inc swung to a profit in the April-June quarter and posted its first quarterly net inflows for long-term funds since 2007, sending its shares up as much as 5... Gray Matter Lets Shake Up the Social Sciences It is time to create new social science departments that reflect the breadth and complexity of the problems we face as well as the novelty of 21st-century science. Mursi opponents crowd Tahrir Square July 26 - Thousands of Mursi opponents follow the Egyptian army chief's call to demonstrate against "violence and terrorism" in Cairo's Tahrir Square. Rough Cut (no reporter narration). Well Australians Are Getting Fatter Australia may be known for its rugged outdoor lifestyles but recent statistics suggest a different reality. Australia and its equally outdoorsy neighbor, New Zealand, are now two of the fattest countries in the developed world. Today's Economist Growth From the Middle Out, and How It Works President Obama is right to assert that reducing income inequality will help spur growth. 12 VIP experiences worth the cash Where and when does it pay up for the VIP package? Here are 12 answers. Currents | Goods Water From a Stone to Refresh Your Plants Place the stone in a pot or planter, and it will dispense water for several days. Well New Radiation Therapy Prolongs Prostate Cancer Survival A new radiation therapy can extend the lives of men with the most advanced form of prostate cancer, a large new study found. Landing gear maker says hasn't been asked to join Southwest probe (Reuters) - The United Technologies unit that makes landing gear said on Friday it had not been asked to participate in a U.S. investigation into Monday's crash of a Southwest Airlines jet at New York's LaGuardia Airport. Remembering Andrew Simpson On May 9, a cool breeze blew across the waters of San Francisco Bay. Gliding across the surface, two teams of world-class sailors -- Oracle Team USA and Swedish Artemis Racing -- were hard at work preparing for the upcoming America's Cup. According to reports, the wind was "a little above normal" at 25 to 35 mph, but nothing that professional sailors couldn't handle. Across the waterfront, anticipation was building ahead of the first America's Cup to be held in the U.S. since 1995. Bruins Sign Gritty Bergeron to Eight-Year Extension Patrice Bergeron, who led the Boston Bruins in post-season goals and played the Stanley Cup Finals with a punctured lung, was rewarded with an eight-year $52 million contract extension, the NHL team said on Friday. Boat Crash on Hudson Kills Bride-to-Be The best man remained missing, and the driver of the vessel that struck a construction barge was charged with vehicular manslaughter and vehicular assault. SAC Capital pleads not guilty; reinsurance unit eyed (Reuters) - Billionaire investor Steven A. Cohen's hedge fund pleaded not guilty on Friday to insider trading charges in federal court, as questions also surfaced about the future of SAC Capital's Bermuda-based reinsurance unit, SAC Re. War's scars still linger Philip Joseph Dimenno just had to go back. And not long ago, the U.S. veteran of the Korean War did. Ian Lee reports. Why high-speed rail is still smart Despite Spain's terrible train crash, transport expert Yonah Freemark says high-speed rail brings benefits around the world -- and could work for the U.S. PRESS DIGEST - Financial Times - July 26 July 26 (Reuters) - The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy. Plane flying too low, and too slow NTSB July 10 - Investigators release new information into the deadly Asiana plane crash in San Francisco. Julie Noce reports. Was London Olympics worth $14B? Over two-thirds of Britons believe the 9 billion ($13.8 billion) bill for the London Olympics was worth it, but economists and business leaders argue it could take years to see the economic benefits. Austrian GP to return? Red Bull, whose Formula One team has won the drivers' and constructors' titles for the past three years, could have a home race in Austria from 2014. Hungry City Feast in the East Village Feast searches for a midpoint between the tasting menu and the humble satisfactions of a smorgasbord. NASCAR's pit crew pioneer Christmas Abbott, 5'3 and 115 pounds, is the first woman to join a NASCAR pit crew team. UPDATE 1-Speculators turn short on U.S. 10-year Treasury note futures NEW YORK, July 26 (Reuters) - Speculators turned bearish in the latest week on U.S. 10-year Treasury note futures as markets wondered whether the Federal Reserve might signal a pullback in bond... Qatar grounds a 787 as glitches pile up on Boeing jet DUBAI (Reuters) - Qatar Airways said on Friday it had taken one of its Boeing 787 Dreamliners out of service following what it described as a "minor" technical issue, as pressure mounted on the plane maker over possible new electrical problems with the advanced jet. 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. House Votes to Shift No Child Left Behind Oversight to States The measure, passed largely along party lines, faces significant challenges from Senate Democrats and a veto threat. Qualifying fifth feels like a miracle for Alonso BUDAPEST (Reuters) - Ferrari's Fernando Alonso qualified only fifth for Sunday's Hungarian Grand Prix but the Formula One title contender still felt his spirits lift. News Analysis Quiet Rivalry Over the Next Fed Leader Comes Out of the Shadows The choice of the nations most powerful technocrat, the head of the Federal Reserve, has rarely generated this much public anticipation or political debate. TS Dorian weakens while moving rapidly westward -NHC Tropical storm Dorian, the fourth named storm of the Atlantic hurricane season, has become disorganized and is likely to weaken further over the next 48 hours, the U.S. National Hurricane Center said in its latest advisory. Boeing changes chief 787 engineer in management shuffle WASHINGTON (Reuters) - Boeing Co said on Friday it was rotating five executives in its commercial airplanes division, including Mike Sinnett, the chief engineer on the company's 787 Dreamliner, which was banned from flight earlier this year after its battery system showed a risk of catching fire. SE Asia Stocks-Philippine leads amid rating hopes; late-buying lifts Thai stocks BANGKOK, July 26 (Reuters) - Most Southeast Asian stocks ended flat to weaker in a lacklustre session on Friday, awaiting directions on the U.S. stimulus from the Federal Reserve's policy meeting next week, but Thai stock market gained on late buying in beaten-down stocks. Thai SET index climbed 1.4 percent to 1,476.71, reversing Thursday's 3 percent drop amid political concerns. Advanced Info Service, top actively traded and a short selling target on the previous session, jumped 2.5 percent Economix Blog The Complex Story of Race and Upward Mobility Metropolitan areas with large African-American populations tend to have lower rates of upward mobility. But lower-income whites in those regions also face longer odds of moving up economically.

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