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News Feed Latest worldwide news Home Prices Up 12.2 Percent in May The Standard Poors/Case-Shiller 20-city home price index for May showed the biggest yearly gain since March 2006, a sign that the housing recovery is strengthening. Six Decades Later, a Second Rescue Attempt Harsh weather in North Korea prevented a Navy pilot from retrieving the remains of a fellow airman killed 62 years ago in one of the fiercest battles of the Korean War. SAC scandal What to know Legal expert Richard E. Farley explains the charges brought against SAC Capital and what they mean for CEO Steve Cohen. Morgan Stanley fined for selling exotic funds to unwary investors NEW YORK (Reuters) - Morgan Stanley has agreed to pay a $100,000 fine to New Jersey state securities regulators for selling exotic exchange-traded funds to unwary investors, state officials said on... Radio show personality Kidd Kraddick died of cardiac arrest coroner (Reuters) - Popular radio and TV host David "Kidd" Kraddick, the host of the syndicated show "Kidd Kraddick in the Morning", died of cardiac disease, according to the deputy coroner of Jefferson Parish, Louisiana. Dispute Blocks Hollywoods Share of Chinese Box Office A disagreement has taken root over whether to apply a new tax in China to the share of movie ticket sales that is owed to American film studios. With Elysium, Sony Hopes to Break a String of Failures The team behind Elysium, starring Matt Damon and Jodie Foster, promises that it has taken an imaginative detour from the familiar blockbuster formula. Andretti Poverty drove me on Don Riddell talks with car racing legend Mario Andretti about his career and his operatic talents. Sports Briefing | College Sports Mulkey Suspended for Criticizing Referees Kim Mulkey, Baylors womens basketball coach, was suspended for her teams next N.C.A.A. tournament game for criticizing the officiating after a loss to Louisville last spring. T Magazine About Last Night | An Art Soiree Starring Lady Gaga The twentieth annual Watermill Center summer benefit was both a fundraiser and a bacchanalian spectacle. Briefly Education University Application Rates in U.K. Vary by Ethnicity State high school students with Chinese backgrounds are the most likely to apply to a British university, while white students are the least likely, according to a new report. Link by Link Historians Seek a Delay in Posting Dissertations The American Historical Association caused a stir by asking universities to allow new Ph.Ds to keep their dissertations from being circulated online for up to six years. With History in Sight, Park Keeps Her Cool Inbee Park once felt she could walk down the streets of Seoul as the No. 1 player in women's golf without being recognized. Column Should you worry about Detroit's pension woes? CHICAGO (Reuters) - The news from Detroit is enough to rattle anyone relying on a traditional pension an unprecedented bankruptcy filing by a major U.S. city that opens the door to possible sharp... UPDATE 1-Fiat wins partial victory in bid to own all of Chrysler * Judge stops short of ordering trust to sell Chrysler stake 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. Groups That Are Often at Odds Join Forces to Oppose Spitzers Campaign Womens groups, business leaders and labor unions have found common cause in their antipathy toward Eliot Spitzer, who is running for comptroller. Royal baby worth his weight in gold to the Firm LONDON (Reuters) - The Firm, as Britain's royal family calls itself, has a new asset. Paperback Business Best Sellers Rankings are based on October figures. Nomura's financial sponsors head Nazar moves to BAML -memo LONDON, July 30 (Reuters) - Nomura's co-head of financial sponsors, Saba Nazar, is moving to Bank of America Merrill Lynch (BAML) to take up a similar role, according to an internal BAML memo. T Magazine On Beauty | Travel-Friendly Products Thatll Make Your Summer a Whole Lot Smoother Have these nine items at the ready and youll be equipped to deal with warm, sticky weather, wherever you find it. Bert Trautmann, Who Won Iron Cross and F.A. Cup, Dies at 89 Mr. Trautmann, who once played with a broken neck, said that his training as a paratrooper had made it easy to perform acrobatic dives as a goalkeeper. Mark Dendys Ritual Cyclical Unfolds at Lincoln Center Ritual Cyclical, choreographed by Mark Dendy with music by the Kronos Quartet, will have its premiere this week, presented by Lincoln Center Out of Doors and the American Dance Festival. 48 hours in Rochester, New York ROCHESTER, New York (Reuters) - Synonymous with film photography, lilacs and classical music, Rochester offers an unusual array of attractions for a mid-sized U.S. city that brought industrial prowess to a scenic river gorge on Lake Ontario's southern shore. Critics Notebook Sharknado Has Led a Summer TV Attack Several networks, including Syfy and the Weather Channel, have shows this summer featuring sharks. News Analysis U.S. Balancing Act With Egypt Grows Trickier The Obama administration has prodded Egypts generals to restore a democratic government while trying not to jeopardize any future influence on the military or undermine security arrangements. The 30-Minute Interview Khashy Eyn Mr. Eyn is the chief executive of Platinum Properties, a boutique brokerage firm that specializes in the downtown residential market of Manhattan, and now Miami. Critics Notebook TV Shows at Moments of Creation The Writers Room on the Sundance Channel examines the creation of TV shows like Breaking Bad, and an HBO documentary, Casting By, looks at one casting director credited with starting the careers of numerous actors. CORRECTED-BRIEF-Post Properties sees FY 2013 EPS at $1.32-$1.45 (Corrects fifth bullet to say 2013 FFO guidance was $2.93-$3.03 per share, not $1.58-$1.61 per share) World's hottest wearable tech Two major conferences on wearable technology are taking place in the U.S. this week -- Wear Tech Con in San Francisco and Wearable Tech Expo in New York City. CNN spoke to keynote speakers from both events to imagine a day in the life of a wearable technology user in the year 2015. F.D.A. Says Importers Must Audit Food Safety If the rules are made final, they would shift the responsibility for ensuring that food is safe from the F.D.A. to companies like Walmart and Cargill. Soccer Australian National Team Seeks Competition in Asia Since becoming a member of the Asian Football Confederation, Australia has seen a rise in its soccer fortunes as its players take on a more technical aspect. Former Citibank employee sentenced for Salomon Brothers theft NEW YORK, July 30 (Reuters) - A former Citigroup Inc employee was sentenced to more than four years in prison for stealing $1.3 million from a 98-year-old former managing partner at investment bank Salomon Brothers. American Carlton takes inaugural high diving gold BARCELONA (Reuters) - American Cesilie Carlton became the first high diving world champion when she claimed gold in a fearsome spectacle at the inaugural championships in Barcelona on Tuesday. UPDATE 2-Bloomberg's ban on big sodas is unconstitutional -appeals court NEW YORK, July 30 (Reuters) - New York City Mayor Michael Bloomberg's controversial plan to keep large sugary drinks out of restaurants and other eateries was rejected by a state appeals court on Tuesday, which said he had overstepped his authority in trying to impose the ban. 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. Logistics behind 'floating city' Isa Soares ventures below deck to see the operation behind the scenes at the Royal Princess cruise ship. How Africa fuels your world From PCs to cars, the products we take for granted are made with African minerals. Baikonur Journal Russian Space Center in Kazakhstan Counts Down Its Days of Glory Baikonur, Kazakhstan, is set to be replaced as the Russian space launching center, and ethnic tensions and economic challenges are already creeping into the city. 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.

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