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Ex-Chairman of Freddie Mac Nominated to Lead I.R.S.
John A. Koskinen, who managed a bankrupt Freddie Mac at the height of the financial crisis, is President Obamas choice to lead the troubled Internal Revenue Service.


Russia gives Snowden asylum, Obama-Putin summit in doubt
MOSCOW/WASHINGTON (Reuters) - Russia rejected U.S. pleas and granted American fugitive Edward Snowden a year's asylum on Thursday, letting the former spy agency contractor slip out of a Moscow airport after more than five weeks in limbo while angering the United States and putting in doubt a planned summit between the two nations' presidents.


DirecTV and Time Warner Cable Lose Subscribers, but Revenues Rise
Recent earnings reports from the television distributors have contributed to the growing speculation among industry analysts about the declining number of cable subscribers.


Bulger's softer side -- in pictures
Trying to show a softer, lighter side of accused killer and crime boss James "Whitey" Bulger, his defense lawyers have released photos that they say they would expect to show the jury should Bulger decide to testify.


'I am not a monster,' Cleveland abductor Ariel Castro tells court
CLEVELAND (Reuters) - Cleveland kidnapper Ariel Castro admitted at a court hearing on Thursday that he was a sick man but said he is not the monster described by prosecutors as abducting and persecuting three women for years.


Egypt's new national hero?
For many Egyptians armed forces chief Abdel Fattah al-Sisi is a hero, despite allegations about his past.


Why women don't make partner
The scales of justice are beginning to balance as an increasing number of women enter the legal profession. In the UK, it is an even 50% split of gender representation, while in the U.S., female lawyers make up 70% of staff attorneys.


Raburn Homers Twice, Has 4 RBIs as Indians Win 6-1
Justin Masterson was quick to pass along credit for Cleveland's eighth straight victory to the guy he provided him all the support he needed in a 6-1 decision over the Chicago White Sox on Thursday.


CORRECTED-UPDATE 4-Nigeria troubles, shale charge blot Shell profits
(Corrects paragraph seven. Van Beurden is head of downstream, not head of upstream)


China to invest $375 billion on energy conservation, pollution paper
SHANGHAI (Reuters) - China plans to invest 2.3 trillion yuan ($375 billion) in energy saving and emission-reduction projects in the five years through 2015 to clean up its environment, the China Daily newspaper reported on Wednesday, citing a senior government official.


Dot Earth Blog A Closer Look at That North Pole Lake
A flurry of Web discussion of a North Pole lake misses some important points.


Editors Choice
Our best photos from the last 24 hours.


Greece May Face Gap of 11 Billion Euros, I.M.F. Says
The shortfall may require Greeces European creditors to consider giving it debt relief and more money to meet the requirements of its bailout, the Fund said.


Snowden NSA tracking you online
You've never heard of XKeyscore, but it definitely knows you. The National Security Agency's top-secret program essentially makes available everything you've ever done on the Internet browsing history, searches, content of your emails, online chats, even your metadata all at the tap of the keyboard.


Red Bulls Cahill to Miss 3-4 Weeks
A knee injury sustained in last weeks win against Real Salt Lake will sideline the Australian international midfielder.


Russia Grants Snowden 1-Year Asylum
The refugee status in Russia was the first formal support from another government for Edward J. Snowden, the former intelligence contractor wanted for leaking details of surveillance programs.


RPT-Singapore wealth fund GIC sees western banks healing, could invest more
SINGAPORE, Aug 2 (Reuters) - Singapore sovereign wealth fund GIC, the single biggest shareholder of UBS, said it believes the western banking industry is healing and it has the capacity to invest...


Masters of Sex Recalls the Work of Masters and Johnson
Masters of Sex, a Showtime drama that will have its premiere on Sept. 29, stars Michael Sheen and Lizzy Caplan as the sex researchers Masters and Johnson.


Turkish police block parents' statement
Police use batons, water cannon and chemical sprays on the parents of a comatose boy.


Castro 'I'm a normal person'
Ohio kidnapper Ariel Castro speaks out as he's sentenced in court to life without parole plus 1,000 years.


Nikkei set to rise to 1-week high as Wall St gains, yen weakens
TOKYO, Aug 2 (Reuters) - Japan's Nikkei share average is set to rise to a one-week high on Friday, following Wall Street and European shares higher on strong U.S. economic data and as major central...


Turn the Showers Off. Splash Is Closing.
Splash, the 22-year-old Chelsea gay bar, is closing.


$4 Million in Compensation Set for Man Left in D.E.A. Cell
The government will pay Daniel Chong after he was left in a cell for four days last year without food or water.


Factory, jobless data point to firming economy
WASHINGTON (Reuters) - Factory activity jumped to a two-year high in July and first-time applications for jobless benefits hit a 5-1/2-year low last week, bolstering views economic growth would...


Should We Build a Fence So Buyers Wont Worry About Privacy?
If neighbors can see into a house that is for sale, planting trees may be a better option than having a fence built.


Delphi reports higher profit, but outlook disappoints
DETROIT (Reuters) - Delphi Automotive Plc on Wednesday posted a stronger-than-expected second-quarter profit, but the auto parts supplier offered a weaker-than-anticipated forecast for the current...


Efforts to Recruit Poor Students Lag at Some Elite Colleges
A comparison of low-income enrollment shows wide disparities among the most competitive private schools.


EMERGING MARKETS-Latam FX drops on U.S. jobs, manufacturing data
RIO DE JANEIRO, Aug 1 (Reuters) - Latin American currencies dropped on Thursday after stronger-than-expected jobs and manufacturing data in the United States added to concerns about the timing of an...


Bill to regulate pot's growth, sale advances in Uruguay chamber
MONTEVIDEO (Reuters) - Uruguay's lower house of Congress voted on Wednesday to create a government body to control the cultivation and sale of marijuana and allow residents to grow it at home or as part of smoking clubs.


Energizer loses two battery accounts, will buy a JJ unit
(Reuters) - Energizer Holdings Inc said on Wednesday that two U.S. retailers planned to stop selling its batteries, adding pressure to its sagging sales.


Economic View Owning a Home Isnt Always a Virtue
An economist questions whether its wise for government to encourage homeownership over renting.


Fighting Shakespeares Wars on Henry VI Battlefields
Londons Globe Theater is staging daylong performances of Shakespeares trilogy at medieval sites where the dramas took place during the Wars of the Roses.


UPDATE 2-Sony electronics rebound unlikely to ease pressure for change
* Sony Q1 oper profit 36.4 bln yen vs analyst forecast 25.3 bln


Zimmerman pulled over by police, warned for speeding
July 31 - George Zimmerman was pulled over by police in Texas on July 28 for speeding, officials said. Zimmerman told the officer that he had a weapon in his glove compartment and was going "nowhere in particular," said Brian Brooks, city manager of Forney, Texas, about 25 miles (40 km) southeast of Dallas, where Zimmerman was stopped. Rough Cut (no reporter narration).


You're the Boss Blog Do Business Owners Make Poor Investors?
Owners take plenty of risk with their businesses. Should they be more conservative with their investments?


U.S. M-2 money supply up $16.8 bln July 22 week
Aug 1 (Reuters) - U.S. M-2 money supply rose by $16.8 billion in the July 22 week to $10,715.6 billion, the Federal Reserve said on Thursday .


Pentagon to examine missing troops unit over accusations of waste
WASHINGTON, Aug 1 (Reuters) - The Pentagon will examine possible waste of taxpayer dollars in the government's search for U.S. troops who went missing in action, an official said on Thursday as...


TIMELINE-Dell's buyout a topsy-turvy affair
Aug 1 (Reuters) - The proposal by Michael Dell and Silver Lake to buy out and take private the world's No. 3 PC maker, Dell Inc, for $24.4 billion will be put to the test on Friday, when shareholders...


Russia gives Snowden asylum, Obama-Putin summit in doubt
MOSCOW/WASHINGTON (Reuters) - Russia rejected U.S. pleas and granted American fugitive Edward Snowden a year's asylum on Thursday, letting the former spy agency contractor slip out of a Moscow airport after more than five weeks in limbo while angering the United States and putting in doubt a planned summit between the two nations' presidents.


UPDATE 1-MercadoLibre attracts more users, profit tops expectations
* Shares rise as much as 24.3 pct in after-market trading


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