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News Feed Latest worldwide news Fed balance sheet shrinks for first time in nine weeks NEW YORK (Reuters) - The Federal Reserve's balance sheet shrank for the first time in nine weeks with reduced holdings of mortgage-backed securities, Fed data released on Thursday showed. Mediaset shares brace for volatility after Berlusconi ruling MILAN, Aug 2 (Reuters) - Shares in Italian broadcaster Mediaset are braced for a volatile trading session on Friday after Italy's supreme court upheld a tax fraud conviction against its owner Silvio... ArtsBeat The Best Little Literary Paddle in Texas A paddle as a literary relic? Yes, the one used by the writer John Graves, who died on Wednesday. Its from a trip he made famous in Goodbye to a River. State of the Art Chromecast, Simply and Cheaply, Flings Web Video to TVs Using Wi-Fi, the Google Chromecast makes Internet material watchable on a television for $35. Repeat, $35. Sony Hires Rothman to Head Revived TriStar Unit Tom Rothman, previously the chairman and chief executive of Fox Filmed Entertainment, will head a venture at Sony that expects to make four films a year. U.S. STOCKS-Wall Street nearly flat after tepid jobs report * Dell committee and buyout group announce agreement, shares up Gadgetwise A Membrane That Mimics a Keyboard for the iPad While the raised keys help orient fingers, these keys dont click like real ones; they just add a bit of feel. Why the Indian protests were not a surprise Nov. 14 - Tulsi Tanti, the chairman and managing director of Suzlon Energy, sits down with Chrystia Freeland to discuss the Anna Hazare movement in India, and why protests like this are not surprising in emerging economies. CORRECTED-MDxHealth signs U.S. marketing partnership for cancer test (Corrects in second paragraph to remove reference to company securing U.S. approval earlier this month; adds test available since May 2012.) Currents | Road Test A Sleek Way to Add Fizz, but Not Much Purefizz, a French product, never achieves more than gentle carbonation. As Cost of Importing Food Soars, Jamaica Turns to the Earth Across the Caribbean, food imports have become a budget-busting problem, prompting one of the worlds most fertile regions to reclaim its agricultural past. 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. Analysis What's in your small-cap fund? Try Boeing or Pfizer NEW YORK (Reuters) - Investors in small-cap funds may be in for a big surprise. In Transit Blog Calendar Coming Events in New Orleans; Wisconsin; Goteborg, Sweden A weekly capsule of events around the globe curated by our writers and editors. State of the Art Chromecast, Simply and Cheaply, Flings Web Video to TVs Using Wi-Fi, the Google Chromecast makes Internet material watchable on a television for $35. Repeat, $35. World Briefing | Middle East Iraq 1,057 Killed in July, U.N. Says The United Nations said July was Iraqs deadliest month in more than five years, describing a series of bombings and shootings as an epidemic of sectarian-tinged violence. US STOCKS-Wall Street slips after disappointing jobs report * Dell committee and buyout group announce agreement, shares up Berkshire Hathaway 2nd-quarter profit rises 46 pct Aug 2 (Reuters) - Warren Buffett's Berkshire Hathaway Inc on Friday said second-quarter profit rose 46 percent, reflecting gains from investments and derivatives and higher earnings from non-insurance businesses. U.S. STOCKS-Wall Street nearly flat after tepid jobs report * Dell committee and buyout group announce agreement, shares up Bits OpenTable Begins Testing Mobile Payments OpenTable, the worlds largest online reservation service, is getting ready to take the next step and let diners pay for the meal with its app, too. Malls kill off HK's street food stalls Decades of urban transformation have decimated Hong Kong's throngs of dai pai dong, supplanting them with glitzy malls and big name eateries. Failed flights cause sinking feeling July 29 - Neither wing nor prayer help contestants from crashing in Moscow's home-made flying machine contest. Tara Cleary reports. German Catholic seminarians expelled for Nazi jokes, salute PARIS (Reuters) - An investigation into rumors of neo-Nazi activity at a seminary in Bavaria has resulted in two student priests being expelled for imitating the Nazi salute and making jokes about... Avatar Plans Now Include 3 Sequels James Cameron and 20th Century Fox said they expected to begin production next year and release the first of three additional films in December 2017. Ricky Williams Eager to Mold Young Minds as Coach Ricky Williams can't change the past and wouldn't want to even if he could. Dance Review Marc Bamuthi Joseph and Kyle Abraham at Lincoln Center Works by Marc Bamuthi Joseph and Kyle Abraham, blending dance and poetry, were performed as part of Lincoln Center Out of Doors on Thursday. Parted by war, united by hope This South Korean couple has spent many of the past 60 years believing the other was dead. He was held prisoner by the North, she lived in the South. Rutgers to Retire LeGrand's No. 52 Rutgers has not handed out No. 52 since Eric LeGrand last wore it the day he was injured during a game and left paralyzed. For Medical Tourists, Simple Math In need of a hip transplant, and unable to find an affordable solution in the United States, Michael Shopenn turned to a private hospital in Belgium. Sports Briefing | College Football Alabama Easily Tops Preseason Coaches Poll Alabama is No. 1 in the USA Today preseason coaches poll. The Crimson Tide were an overwhelming choice, receiving 58 of 62 first-place votes. Classes canceled to deal with race issues Oberlin College in Ohio suspended classes Monday after a student reported seeing a person resembling a Ku Klux Klan member near the college's Afrikan Heritage House. UK's FTSE 100 steadies near 2-month highs LONDON, Aug 2 (Reuters) - Britain's benchmark equity index steadied near two-month highs on Friday, buoyed by signs of an improvement in the global economy and higher profits at airline group IAG. Film Academys New Leader Starts by Sizing Up Oscars Cheryl Boone Isaacs, who was elected head of the Academy of Motion Picture Arts and Sciences on Tuesday, started her presidency talking to the producers of the Oscars. For Medical Tourists, Simple Math In need of a hip transplant, and unable to find an affordable solution in the United States, Michael Shopenn turned to a private hospital in Belgium. Comcast and CBS Post Strong Results, Aided by Web Comcast surpassed analysts earnings projections while CBS Corporation reported its highest quarterly profits ever. Mexico president to present energy reform next week MEXICO CITY (Reuters) - Mexican President Enrique Pena Nieto said on Thursday his sweeping energy reform, which is expected to include constitutional changes to lure private investment and boost output, will be presented to Congress next week. Good transfer business? FIFA agent, Rawad Kassis talks to Pedro Pinto about the strategy behind football clubs spending millions on transfers. UPDATE 1-Guy Hands' Terra Firma sells Phoenix to Hastings LONDON, Aug 2 (Reuters) - Terra Firma, the buyout group run by dealmaker Guy Hands, has sold Northern Irish gas distribution company Phoenix Natural Gas Limited to Australian infrastructure investor... What to know when visiting Brazil Brazil might be the biggest country most of the world doesn't know a whole heckuva a lot about. That's changing Hungry City Spice Symphony in Midtown East The menu name-checks Sichuan and Manchuria, but the food plays up their differences rather than seeking common ground.

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