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Fitch says Detroit's bankruptcy shows state intervention limits
July 26 (Reuters) - Fitch Ratings said on Friday Detroit's bankruptcy filing demonstrates state intervention limits and does not preclude credit deterioration or default.


At least 19 killed in FARC clashes in Colombia
At least 19 soldiers were killed over the weekend in separate clashes with rebels in Colombia, the country's president said.


Browns Sign First-Round Pick Mingo to Four-Year Contract
The Browns signed linebacker Barkevious Mingo, the No. 6 overall pick in this years N.F.L. draft, to a contract worth more than $16 million, with a team option in the fifth year.


London keeps global edge as top transport finance hub
LONDON (Reuters) - London remains the top financing centre for the global transport industry, although it faces stiff competition from New York and capitals in Asia Pacific as companies seek to tap more funding sources, a survey showed on Friday.


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.


Youzhny and Haase Advance to Swiss Open Final
Mikhail Youzhny will play unseeded Robin Haase in the Swiss Open final after Youzhny beat Victor Hanescu and Haase rallied from a set down to beat fifth-seeded Feliciano Lopez.


On Location | Sagaponack, N.Y. Ross Bleckner Wipes the Canvas Clean
The painter removes every trace of his beach houses previous owner. Truman Who?


New view of drone death toll
Peter Bergen says a leaked report sheds new light on how many civilians are killed by U.S. drones in Pakistan


Texas to seek death penalty in killings of prosecutors
KAUFMAN, Texas (Reuters) - Texas will seek the death penalty against a former justice of the peace accused of killing of three people, including two local prosecutors, in shootings that spawned conspiracy theories and terrified a small community near Dallas.


Natalie Portman to debut as director with film of Amos Oz memoir
JERUSALEM (Reuters) - Oscar-winning actress Natalie Portman will direct her first feature film based on "A Tale of Love and Darkness," a memoir by Israeli novelist Amos Oz, the author said on Wednesday.


DealBook Chinese Insurer Buys Lloyds Building in London
The $388 million purchase is indicative of the growing appetite by Chinese buyers of commercial and residential real estate abroad.


Editor's Choice
Our best photos from the past 24 hours.


Lakers' Steve Nash to Try Out for Inter Milan
Steve Nash believes Kobe Bryant is ahead of schedule in his recovery from Achilles' surgery, is hopeful that the Los Angeles Lakers will finally find the chemistry they lacked a year ago and is finding himself fueled by the memories of an injury-filled season.


Golf Capsules
Hunter Mahan birdied the final three holes Friday for an 8-under 64 and a two-stroke lead after the second round of the Canadian Open.


George Mitchell, a Pioneer in Hydraulic Fracturing, Dies at 94
Mr. Mitchell, who on a hunch began drilling shale rock formations, is credited with creating an unexpected natural gas boom in the United States.


Fair Game How to Gauge SAC on the Richter Scale
SAC Capital Advisors, the hedge fund facing insider trading charges, has $14 billion under management, but $51 billion in total market exposure. If it unwinds, will that sum roil the stock market?


Argentina says May primary budget balance falls to 1.67 billion
BUENOS AIRES, July 26 (Reuters) - Argentina posted a primary budget surplus of 1.67 billion pesos ($304 million) in May , down 30.2 percent from the 1.42 billion peso surplus from a year earlier, the...


Number of Catfish Inspectors Drives a Debate on Spending
The inspection of catfish is at the heart of a dispute as the House and Senate prepare to work out their differences on a new five-year farm bill.


City Room July 27 Where the Candidates Are Today
The candidates daily campaign schedule at a glance.


Mostly Mozart, Mostly Improved
The Mostly Mozart Festival serves as an example of how to inject classical music with verve.


F1's spiritual home in U.S.
The Circuit explores the history of F1 in America ahead of Austin hosting this year's U.S. GP.


Anglo American silicosis claimants turn to South African courts
JOHANNESBURG (Reuters) - A British court has thrown out a lawsuit against Anglo American South Africa brought by miners who contracted the deadly lung disease silicosis when they worked in South Africa, saying it did not have jurisdiction to hear the matter.


Toshiba to cut costs in TVs, PCs by $300 million over next 2 years
TOKYO (Reuters) - Japan's Toshiba Corp said on Friday it aims to cut a combined 10 billion yen ($100 million) in costs in its television and PC businesses in the year to March 2014 and double that figure in the following year to cope with persistently weak demand.


India's Lanco Infra in talks to restructure $1.5 bln debt-paper
MUMBAI, July 27 (Reuters) - Indian infrastructure builder Lanco Infratech Ltd has started discussion with its bankers to restructure debt worth 90 billion rupees ($1.5 billion) as a weak economy takes a toll, the Business Standard newspaper reported on Saturday.


U.S. court rejects firm's challenge to Obamacare contraception mandate
July 26 (Reuters) - A divided federal appeals court on Friday rejected a Pennsylvania cabinet maker's religion-based challenge to the 2010 healthcare law's requirement that larger companies provide...


T Magazine Food Matters | Four Monks Walk Into a Bar
A group of Buddhist holy men traveled yesterday to Whiskey Soda Lounge Ny, the soon-to-open companion bar to the restaurant Pok Pok Ny, for a house-blessing ceremony.


U.S. Korea vets honor fallen comrades
For many U.S. veterans it's a trip they thought they'd never take; returning to South Korea, the land where so many of their brothers-in-arms lost their lives.


Bloomberg cancels its new wealth management product
(Reuters) - Bloomberg LP is canceling its new wealth management service, BloombergBlack, before it hits the market.


Business Spending Lifts Orders for Durable Factory Goods
The Commerce Department said that orders for durable goods increased 4.2 percent last month, suggesting American companies are more confident in the economy.


J.J. Cale, Musician and Songwriter, Dies at 74
Mr. Cales blues-inflected rock influenced some of the genres biggest names, and his songs were recorded by Eric Clapton and Johnny Cash among others.


Diver Secures Second Gold and Chinas Eighth in Nine Events
He Zi left her rivals trailing in the three-meter springboard, leading from start to finish at the world championships in Barcelona.


'Brian dead' play costs McIlroy at Open
Unconscious. Brain dead. Rory McIlroy was in a brutally reflective mood in the words he chose to describe his opening round in the British Open


Lady Gaga to perform at VMAs, Jagger turns 70
July 25 - The latest celebrity and entertainment headlines including Lady Gaga will premiere new single at MTV VMAs, Mick Jagger turns 70 and Tuvan throat singer dies. Lindsay Claiborn reports.


Samsung sells 76 million smartphones in second quarter, boosting market share report
SEOUL (Reuters) - Samsung Electronics Co Ltd sold 76 million smartphones in the second quarter, expanding its market share to 33.1 percent, Strategy Analytics said on Friday.


U.S. slips to 9th in Internet speed
Land of the free. Home of the brave. Bastion of mediocre Internet speeds.


Hingis comes out of retirement for WTA event
Five-time grand slam singles winner Martina Hingis is to make a return to the WTA Tour later this month in a tournament in the United States.


Obama likely won't announce Fed chair pick until fall official
WASHINGTON (Reuters) - The White House moved on Friday to damp down speculation about President Barack Obama's choice to lead the Federal Reserve when current Chairman Ben Bernanke's term expires, saying no decision has been made and no announcement is likely until the fall.


After the Thaw Outdoor Fun in Berlin
Now that the outdoors is open for business, here are frugal-friendly ideas for alfresco activity in the capital, from biking to burgers to the beach.


UPDATE 1-Halliburton plea may help BP in spill liability battle
* Prospect of global settlement of liability deemed remote (Adds expert comment, Halliburton legal costs total)


Soriano Steps Right In, Batting Cleanup
The Yankees reacquired the seven-time All Star outfielder Alfonso Soriano, whose return to the Bronx may bring a sorely needed spark to a depleted and feeble lineup.


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