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News Feed Latest worldwide news Moody's cuts Chicago Board of Education credit rating to A3 from A2 CHICAGO, July 24 (Reuters) - Moody's Investors Service on Wednesday downgraded the Chicago Board of Education's credit rating a notch to A3, citing the school system's high debt and pension burden... UPDATE 1-Gulf rig partially collapses in fire off Louisiana -U.S. govt * Beams supporting derrick, rig floor collapse over structure Breakingviews Vivendi sells Maroc, shareholders shrug July 23 - The French conglomerate will forsake a control premium in its $5.5 bln Maroc sale to Etisalat. The good news? It's Vivendi's first step in an overdue transformation, argues Breakingviews. Australia shares knocked from 2-mth high by China PMI SYDNEY/WELLINGTON, July 24 (Reuters) - Australian shares were knocked from two-month highs on Wednesday as signs of a further slowdown in China's manufacturing sector renewed concerns about the... Pentagon Lays Out Options for U.S. Military Effort in Syria For the first time, the Pentagon provided explicit details to Congress about the logistics, costs and risks of options for intervening in Syrias two-and-a-half-year-old war. Scientists create human liver from stem cells LONDON (Reuters) - Scientists have for the first time created a functional human liver from stem cells derived from skin and blood and say their success points to a future where much-needed livers and other transplant organs could be made in a laboratory. 'Doctor Who' celebrates 50 years BBC science-fiction series "Doctor Who" originally premiered in 1963, enticing viewers with its depiction of a time traveler known as the Doctor who explores the universe in a spaceship called the TARDIS. The series has since aired 26 seasons and nearly 800 episodes with 10 actors portraying the Doctor over time. Facebook shares soar as users, mobile ads climb SAN FRANCISCO (Reuters) - Facebook Inc delivered strong evidence it can thrive on smartphones and tablets on Wednesday, reporting a much better-than-anticipated surge in mobile advertising revenue in the second quarter that ignited a 20 percent share rally. Murdoch apologizes for secret jibes News Corp. Chairman Rupert Murdoch is apologizing for secretly recorded criticism of police investigations into his newspapers, but he says he's still frustrated by the extent and length of the probes. Commodity hedge funds suffer longest losing streak on record LONDON (Reuters) - Funds betting on commodity price moves have lost money every month since January, their joint longest losing streak on record, raising more doubts about their ability to make money... Mayer, De Bakker Advance to 2nd Round in Croatia Leonardo Mayer of Argentina and Thiemo de Bakker of the Netherlands won in straight sets in the first round at the Croatia Open on Monday. Mermaids and an octopus breakfast In a tiny Korean fishing village, "mermaids" dive for abalone and conch while their sisters cook up a breakfast few foreigners know about. Hezbollah Leader Assails European Sanctions Hassan Nasrallah accused the European Union of bowing down to the United States and Israel, which have long listed Hezbollah as a terrorist group. U.S. lawmakers blast Guantanamo's $2.7 million per prisoner cost WASHINGTON (Reuters) - Democratic lawmakers pushing to close the detention center at Guantanamo Bay said on Wednesday its cost has skyrocketed to $2.7 million per inmate this year and argued it is too expensive to keep open while the country is fighting budget deficits. Sudan currency falls to record low after South cuts oil flows KHARTOUM, July 24 (Reuters) - Sudan's currency has fallen to a record low against the dollar on the black market since South Sudan started reducing cross-border oil flows in a row over alleged support for rebels, dealers said. For the mobile Internet, tomorrow belongs to Asia SINGAPORE (Reuters) - After five years of blistering growth sales of high-end smartphones have hit a plateau and the $2 trillion industry - telecom carriers, handset makers and content providers - is buckling up for a bumpier ride as growth shifts to emerging markets, primarily in Asia. Airports on the Border Make Room for Canadian Fliers Millions of travelers from Canada, lured by expanding facilities and cheaper airfares, start their journeys with a car trip to an American airport. Planned Parenthood to pay Texas $1.4 million to settle alleged fraud SAN ANTONIO (Reuters) - Women's health group Planned Parenthood has agreed to pay the state of Texas $1.4 million to settle allegations of fraud in billing to a health program for the poor, Texas Attorney General Greg Abbott said on Wednesday. U.S. film, TV actors to honor Rita Moreno with lifetime award LOS ANGELES (Reuters) - The Screen Actors Guild, which represents film, television and other performers in the United States, on Monday said Rita Moreno will receive its lifetime achievement award at its annual awards ceremony in January. Going Vegetarian in Tapas-Happy Barcelona It takes some digging, but beyond Iberian pork and octopus croquettes lies a vegetarian-friendly version of the Barcelona tapas crawl. Hong Kong Seizes Smuggled Elephant Tusks The seizure of 1,148 tusks underscored the challenges facing Africas dwindling elephant populations as rising prosperity in Asia leads to greater demand for ivory. China bans palatial government offices Some state-run enterprises in China have opulent headquarters more suited to the court of Louis XIV of France, while other local government-owned buildings even replicate the home of the President of the United States. Facebook mobile strategy goes viral July 24 - Summary Mobile growth helps Facebook top sales and profit forecasts; Boeing, Ford lift full-year outlooks but Caterpillar cuts view; Obama tries to re-energize economic policy; Stocks stall. Conway G. Gittens reports. Deals of the day -- mergers and acquisitions July 24 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1330 GMT on Wednesday Well Farmers Market Chickens Higher in Bacteria Up to 52 percent of grocery store chickens tested positive for bacteria that can cause food poisoning. But chickens bought at farmers markets were the most contaminated of all, according to a small study in Pennsylvania. UPDATE 9-Oil falls on weak Chinese manufacturing data, profit taking * EIA reports crude, products stockpiles fall (New throughout, updates prices and market activity) 9 in Deportation Protest Are Held in Bid to Re-enter U.S. The young immigrants who had lived in the United States illegally were in custody after they tried to return to the country through Arizona without documents. Nascars New TV Home Will Be Its Old One Once replaced by ESPN in televising stock-car races, NBC is paying $420 million to $450 million a year to replace the cable sports channel beginning in 2015. New home sales hit five-year high, prices soar WASHINGTON (Reuters) - New U.S. home sales vaulted to a five-year high in June, showing no signs of slowing in the face of higher mortgage rates. UPDATE 4-Detroit manager scores first win over unions in bankruptcy bid * Federal judge puts lawsuits pending in state courts on hold Letter from China Apps Offer Chinese a Path to the Forbidden Millions of young Chinese seem to be plunging enthusiastically into the world of social contact apps, often location-based and with a hookup element. Breakingviews Michael Dell's next trick July 24 - Antony Currie and Breakingviews columnists discuss how the computer company founder's bid to change voting rules may affect the outcome of the long-running buyout saga. Astronomer finds new moon orbiting Neptune CAPE CANAVERAL, Florida (Reuters) - An astronomer studying archived images of Neptune taken by the Hubble Space Telescope has found a 14th moon orbiting the planet, NASA said on Monday. Economix Blog Obamas View of the Economic Challenge The presidents speech in Illinois lays out how he feels the economy has changed to the detriment of workers over three decades, but has few policy specifics to tackle stagnant wages and income inequality.. Delayed Berlin airport costs Germany dear June 19 - Berlin's new international airport should have been open for a year, but may not start operating until 2017. The cost has doubled to 4.3 billion euros, mostly due to the delays. Joanna Partridge reports from Berlin on what's gone wrong, and looks at other large German infrastructure projects facing delays. Cross Cuts How Walter White Found His Inner Sociopath Hiding in plain sight for five seasons, Walter White, the protagonist of Breaking Bad, is televisions ultimate dark entrepreneur. Corner Office Ken Lombard, on Staying a Student of Business The former business partner of Magic Johnson advises business school students to be hungrier than youve ever been after graduation, because competition will be intense. HPV Vaccine Found to Help With Cancers of Throat A vaccine that protects women against cervical cancer also appears to protect them against throat cancers caused by oral sex, according to a study released Thursday. Mexico rescues 94 migrants crammed into truck Mexican authorities say they've rescued 94 migrants who were crammed into the back of a hauling truck in "subhuman conditions." History with wings It may be the most historic plane in the world Special Air Mission 26000, SAM for short. Not familiar? Maybe you know its nickname. Back in its heyday the sleek, blue and white airliner was called Air Force One.

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