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News Feed Latest worldwide news UPDATE 1-RusPetro says tight oil tax relief to provide big boost * RusPetro's almost full production is covered by new tax relief (Adds details, background, quotes) Remade Jets Open Camp and Practice Restraint Coach Rex Ryan said every player would have to earn his way, which is particularly true at quarterback by far the Jets most pressing issue. How sensors make your phone "Star Trek smart" Can your current smartphone be any smarter? Sure it can, if the device knows how to better understand its surroundings with the help of internal sensors. Qualcomm's Project Gimbal does just that for app developers. Here's a peek at how Paramount is using the technology. Big Apple KOs Madison Square Garden "The world's most famous arena," the current version of which opened in 1968, has been given 10 years to relocate, so New York can expand the almost-as-famous Penn Station, which sits below. Four girls gang raped in eastern India July 16 - Police confirm a group of around 15 armed men kidnapped and raped four teen girls in India's Jharkhand Province. Jessica Gray reports. Well Tomatoes Plain and Simple Martha Rose Shulman turns to tomatoes for her annual Recipes for Health tomato week. UPDATE 3-JPMorgan to quit physical commodity trade amid scrutiny NEW YORK, July 26 (Reuters) - JP Morgan Chase Co is exiting physical commodities trading, the bank said in a surprise statement on Friday, as Wall Street's role in the trading of raw materials... As Europe struggles, companies focus on cost cuts DAGENHAM, England, July 28 (Reuters) - Glistening chains on the turnstyles at Ford Motor Co.'s plant in east London illustrate how, even when companies unveil positive news about their European operations, it may not mean things are picking up in the economy. Taliban Gain Foothold in a Pakistani City Hounded by the army in the tribal belt, the Pakistani Taliban are spilling into Peshawar, stepping up attacks on the police, extortion demands, sectarian killings and kidnappings. Humpback whale freed from shark net July 26 - Rescuers free a humpback whale after it became tangled in a shark net off the coast of Noosa on Australia's Sunshine Coast. Rough Cut (no reporter narration). Pierre-Paul, Free of Back Pain, Is Taking a Cautious Approach Jason Pierre-Paul, who had surgery to repair a herniated disk in the off-season, said the continual pain he had felt was gone. His status for the season opener, however, remained uncertain. New Defaults Trouble a Mortgage Program Loan servicers and banks have kept the money they received, even though more than a third of homeowners who received loan modifications have defaulted again, a report has found. T Magazine After Hours | The Filibuster, As Performed by a Scary Clown The artist Rachel Mason taps into the creative potential of the controversial legislative tactic. Inside the brain of the GOP-controlled House House Republican members said they wont pass a Senate immigration reform bill, even though the issue hobbled the party in last election. Heres why theyre making what might seem a surprising move. Breaking taboo, Mexico gov't aims to tax food, medicine By Dave Graham and Miguel Gutierrez MEXICO CITY, July 26 (Reuters) - Mexico plans to boost its tax coffers by an extra $50 billion a year with an overhaul that aims to extend sales tax coverage, close tax loopholes and could impose charges on capital gains. Saddled with one of the weakest tax takes in Latin America, President Enrique Pena Nieto will present Congress with a plan by September to substantially improve revenues, including divisive measures to apply value added tax (VAT) to Meyer Disciplines 4 Buckeyes, Including Hyde, Roby Ohio State coach Urban Meyer has disciplined four players for legal problems, including suspending leading-scorer Carlos Hyde from all team activities in the wake of an alleged assault against a female over the weekend in Columbus. Heat wave blamed for 4 NYC deaths The heat wave that rolled through the Northeast last week killed at least four people in New York, the city's medical examiner reported Monday. Can Detroit reinvent itself? Maggie Lake speaks with Bruce Katz from the Brookings Institute about reasons to be optimistic about a Detroit revival. The biggest tech tax havens Most of the top 50 U.S. tech firms have established an overseas headquarters, not in the country where they do the most business, but where they can pay rock-bottom tax rates. A Reuters special report looks at which companies are saving what and where. TABLE-Foreign brokers set to sell Japanese stocks TOKYO, July 29 (Reuters) - Following are orders for Japanese stocks placed through six foreign securities houses before the start of trade on Monday. Japanese Stocks SELL 18.1 million shares BUY 12.1 million shares ------------------------------------------------------ SELL 6.0 million shares Election blurring of church, state separation draws complaints CHICAGO (Reuters) - Political watchdog and secularist groups are asking the U.S. government to investigate whether Catholic bishops and a Christian evangelical group headed by preacher Billy Graham should lose tax breaks for telling followers how to vote in this year's election. Small business confidence slips in June WASHINGTON (Reuters) - Small business optimism fell in June from its one-year high as an uncertain recovery continues to unfold. Soccer stars boost globalization He runs alongside the Arsenal coach in Vietnam's capital Hanoi mile after mile. He bumps into trees and lamp posts but keeps on running. Analysis Investors wince but keep calm as U.S. budget battle looms NEW YORK (Reuters) - Another year, another battle over the U.S. budget. It's hardly what investors need, but it looks like they're going to get it just the same. Property Values What You Get for ... $750,000 A Dutch Colonial in upstate New York, a beach house in Washington and a mountain view in El Paso. Analysis Intangible investments cast U.S. economy in brighter light WASHINGTON (Reuters) - As many a former factory worker can attest, U.S. companies have invested so heavily in technology that some plants now practically run themselves. U.S. retail gasoline prices rise for 1st time 10 weeks-survey NEW YORK, July 28 (Reuters) - The average price of a gallon of gasoline in the United States rose for the first time in 10 weeks, gaining more than 8 cents in the last two, as retailers passed on higher wholesale costs to consumers, according to a widely followed survey released on Sunday. Dog eats dog as Britain's tabloids bare all LONDON, Oct 6 (Reuters) - Fleet Street's finest jostled furiously at the start on Thursday of a government inquiry, trying to grab public attention with tales of shock and horror. Cabrera Tossed, but Tigers Rout Phillies 12-4 Jhonny Peralta's grand slam capped an eight-run sixth inning for Detroit, and the Tigers overcame Miguel Cabrera's ejection in a 12-4 win over the collapsing Philadelphia Phillies on Sunday. Access to Apple developer site partially restored July 26 (Reuters) - Apple Inc has partially restored its main website for developers, eight days after shuttering it in response to a cyber attack that prompted a harried upgrade to prevent future breaches. Sea this Inside $200m yacht hotel With land at a premium, an increasing number of developers are turning to floating hotels. Introducing Gibraltar's new $200m five-star yacht hotel. News Analysis The Hype Over Hospital Rankings What does the annual-hospital-rankings exercise mean for patients? And what does it say about American health care? Lethal 'professional recklessness' CNN's Karl Penhaul reports on the fate of the train driver in the high-speed derailment in Spain that killed at least 79. Critics Notebook The Drowned Man A Hollywood Fable in London The Drowned Man A Hollywood Fable is an immersive theatrical production in London. Gibraltar's $200m yacht hotel Imagine this in your hot little hands you hold a blueprint for a luxury hotel in one of the most idyllic -- and tiny -- locations in the world. Well Whooping Cough Vaccine Lags in Efficacy An analysis of more than 32,000 Californians older than 11 found the acellular pertussis vaccine to be 53 to 64 percent effective. Crackdown in Egypt Kills Islamists as They Protest The Egyptian authorities unleashed a ferocious attack on Islamist protesters, killing at least 72 people in the second mass killing of demonstrators in three weeks. Roman ruins that outstrip Rome's A temple the size of several football fields, the biggest stone monolith ever carved. Regional strife may have scared travelers away from the Beqaa Valley but now could be just the time to go. T Magazine By Design | Josef Alberss Interaction of Color Goes Interactive Fifty years after its publication, the influential color theorists seminal text has been repackaged as an iPad app that lets anyone experiment with its principles. Publicis CEO sees EPS boost from Omnicom deal PARIS, July 28 (Reuters) - The merger of Publicis and Omnicom will boost adjusted earnings per share, and the new group will maintain its BBB+ credit rating, the head of the French ad group told a...

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