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News Feed Latest worldwide news Mortgages Risks Aside, ARMs Gain Ground For those in the habit of keeping a loan for a short time period, adjustable-rate mortgages offer substantial savings. UPDATE 1-HR Block loss widens as costs rise; bank deal delayed Sept 3 (Reuters) - U.S. tax preparer HR Block Inc reported a bigger-than-expected quarterly loss as higher costs outweighed a sharp rise in revenue, sending its shares down nearly 5 percent in extended trading. Home race for Red Bull? 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. Gender income gaps persist among doctors study NEW YORK (Reuters Health) - Female doctors earn an average of $56,000 less each year than male doctors, according to a new study, which found that gap hasn't budged since the late 1980s. Microsoft swallows Nokia's phone business for $7.2 billion HELSINKI/SEATTLE (Reuters) - Microsoft Corp will buy Nokia's phone business and license its patents for 5.44 billion euros ($7.2 billion), a bold foray into mobile devices that also brings potential chief executive contender Stephen Elop back into the fold. Sports of The Times Walker Cup Returns to Roots, With a Twist Matt Fitzpatrick, the reigning United States Amateur champion, is on the Britain and Ireland team as the Walker Cup returns to its original site, the National Golf Links of America. Monaco's F1 transformation The most famous race in Formula One -- the Monaco Grand Prix -- brings a change of pace to Monaco's Mediterranean idyll. Bezos Makes First Visit to Washington Post as Owner In an interview, Jeffrey P. Bezos, the founder of Amazon.com, said he expected the newspaper to have a new golden era under his ownership. UPDATE 1-SP calls federal lawsuit 'retaliation' for U.S. downgrade Sept 3 (Reuters) - Standard Poor's said on Tuesday the U.S. government filed a $5 billion fraud lawsuit against it in "retaliation" for its 2011 decision to strip the country of its "AAA" credit rating. 'Philomena' flies British flag at Venice Judi Dench stars in this true life tale of an Irish woman who searches for her son who was sold by nuns 50 years earlier. Rough Cut - No Narration. World Economy Growing Unevenly, O.E.C.D. Says The global economy will continue a slow expansion, despite relative weakness in China and an uneven euro zone recovery, the research group predicts. NEWSMAKER Larry Summers on challenges to the economy Former U.S. Treasury Secretary Larry Summers and Reuters' Chrystia Freeland discuss global economic growth, the future of higher education and whether you should get a law degree. Lotus hopeful on Raikkonen Eric Boullier, the Team Principal of Lotus F1, on the future of Kimi Raikkonen and the team's hopes for the remainder of the season. Fantasy Football When to Take a Chance on Injury-Prone Players The following players have become known for their injury-riddled past. Some are still worth taking, depending on where you take them. Six killed as smuggled ammunition explodes on Turkey-Syria border ANKARA (Reuters) - A consignment of live ammunition exploded as it was being smuggled into Turkey, killing six people on the border with Syria on Tuesday, the provincial governor's office said. Arts, Briefly New Role for Jackson on American Idol The longtime American Idol judge Randy Jackson, left, will be back for that singing competitions 13th season but in a new role as in-house mentor to the contestants, Fox announced on Tuesday. David Frost, Interviewer Who Got Nixon to Apologize for Watergate, Dies at 74 A longtime broadcaster, Mr. Frost was best known for incisive interviews with public figures, including talks with former President Richard M. Nixon, which he called the highlight of his career. 48-hour challenge With her decades-long dream of swimming from Cuba to Florida achieved, Diana Nyad is setting her sights on her next challenge. Altidore Back on the Field Sunderland striker Jozy Altidore has been ruled fit and will be with the U.S. national team for two coming World Cup qualifying matches. GLOBAL MARKETS-Support for U.S. action in Syria limits stocks' rise * U.S. stocks end up but off day's highs * Microsoft slumps after Nokia deal * Treasury bond selling resumes * U.S. manufacturing sector expands * U.S. dollar hits six-week high after major... This story's got legs millipedes suspected in Australia train collision SYDNEY (Reuters) - Black Portuguese millipedes are suspects in a rear-end collision between two trains in Western Australia on Tuesday after hundreds of the tiny creatures were found squashed in a slippery mess on the track. South Korea unfolds future of urban driving Sept. 2 - South Korean researchers have developed an electric car that folds in half for easy parking. Called the 'Armadillo-T', the prototype vehicle is designed for commuters in busy urban areas. Rob Muir has more. You're the Boss Blog Today in Small Business Is Podcasting Back? Five business stories to watch. How to terminate an employee you dont want to terminate. Nine Israeli start-ups. U.S. credibility on Iran at stake in Syria decision Hagel says WASHINGTON (Reuters) - A failure to take action over Syria's use of chemical weapons would damage the credibility America's pledge to prevent Iran from obtaining a nuclear weapon, U.S. Defense Secretary Chuck Hagel told Congress on Tuesday. Rocket attack kills 15 militants in Sinai Egyptian state TV CAIRO (Reuters) - Fifteen militants were killed in the Sinai Peninsula by rocket fire, Egyptian state TV reported on Tuesday, after witnesses said army helicopters had attacked militant strongholds in the area. Write-in candidate won Detroit mayoral primary, state board says DETROIT (Reuters) - A former hospital executive won Detroit's disputed August mayoral primary by more than 20,000 votes after mounting a write-in campaign and will face his closest challenger in the November general election, a state panel ruled on Tuesday. Boyd's 5 TDs Lead No. 8 Clemson to 38-35 Win As far as Tajh Boyd is concerned, Clemson's victory against Georgia wasn't a statement as much as a step toward much greater goals. K.H.L., Global Alternative to N.H.L., Extends Its Reach Despite its turbulent history and uncertain finances, the Kontinental Hockey League, based in Russia, is set to open its sixth season with 28 teams in 8 nations and 9 time zones. China Plans Its First Unmanned Moon Landing This Year The mission, due by the end of 2013, will be the countrys first soft landing on an extraterrestrial body, the state-run Xinhua news agency reported. U.S. manufacturing, construction data suggest growth pickup NEW YORK (Reuters) - Stronger-than-expected data on U.S. manufacturing and construction spending on Tuesday hinted the world's biggest economy was gaining traction, potentially supporting views the... N.F.L. Roundup Cruz Expects to Be Ready for Opener Wide receiver Victor Cruz, defensive end Jason-Pierre Paul and fullback Henry Hynoski returned to practice for the Giants, with Cruz saying he expected to play Sunday against the Cowboys. Straight Sets U.S. Open Food Review A Chance of Meatballs The meatball sub at the South Plaza Cafe made Mondays rainy U.S. Open just a tiny bit less depressing. Front Burner Tufted Velvet Chairs From Cherry, Glasses to Serve Vodka and More Florence Fabricants recommendations for the week of Sept. 3. The Texas Tribune With Youth Tanning Law, Texas Aims to Lower Melanoma Risk On Sunday, Texas will join a number of states that bar minors from tanning indoors, which experts say greatly increases the risk of melanoma in those under 18. Bulgarian Club Forfeit Cup Match to Protect Young Players Bulgarian third division club Shumen have refused to play top flight Chernomorets Burgas in the round of 32 of the domestic Cup to protect their young players from mental anguish. Choice Tables Portland, Me. Locavore in Menu and Dcor A city where the local food movement got a jump start is going further, and applying it to the space itself. ArtsBeat Video Reviews of Passion, One Direction and Abigail Harm Times film critics on Passion, One Direction and Abigail Harm. NASA's Mars rover spies solar eclipse CAPE CANAVERAL, Florida (Reuters) - NASA's Mars rover Curiosity turned its cameras skyward to snap pictures of the planet's moon, Phobos, passing in front of the sun, images released on Thursday show. Theater Listings for Aug. 30-Sept. 5 A guide to theater productions in New York, with a special note of shows in previews or about to open. Its the Economy Hollywoods Tanking Business Model After a series of big-budget bombs at the box office, Hollywood could learn a thing or two from economists.

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