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News Feed Latest worldwide news Penn State to pay $59.7 million in Sandusky child sex abuse settlement (Reuters) - Penn State has settled the bulk of claims by child sex abuse victims of Jerry Sandusky in a major step to move beyond a scandal that cost millions and upended a once legendary football program, the university said on Monday. UPDATE 1-CaixaBank eyes Tier 2 market LONDON, Oct 28 (IFR) - CaixaBank is set to test investor appetite for Spanish subordinated bank debt on Tuesday after it mandated Bank of America Merrill Lynch, Barclays, BNP Paribas, CaixaBank and... Lou Reed, 1942-2013 Outsider Whose Dark, Lyrical Vision Helped Shape Rock n Roll Mr. Reed was a singer, songwriter and guitarist whose work with the Velvet Underground in the 1960s had an impact on generations of rock musicians. N.F.L. Roundup Newton Helps Push Carolina Over .500 Cam Newton and the Panthers moved to 4-3 and kept the host Tampa Bay Buccaneers winless with a 31-13 victory on Thursday night. Saudi women drivers fear reprisals Several women who publicly supported a campaign to defy Saudi Arabia's de facto ban on women driving fear they are being followed and investigated by the country's secret police. Paulson hedge funds backing recovery in Greek banks ATHENS (Reuters) - Funds run by billionaire investor John Paulson see Greece's recapitalised banking sector as an attractive investment play on the country's recovery after a deep six-year slump. Applied Science Maybe Heaven Can Wait, but a Customer Cant Sometimes, a company can build excitement for a product or service by keeping consumers waiting. But when the delay is forced, they just see red. British Open Ends International 36-Hole Qualifying The British Open is moving away from 36-hole qualifying, instead using 10 tour events from five continents to determine 32 spots in the field. The Lede Its Sisi-Mania, as Nationalist Fervor Sweeps Through Egypt A robust media campaign in Egypt promoting the leadership qualities of Gen. Abdel Fattah al-Sisi, as the replacement for deposed President Mohamed Morsi, often features lavish praise. Judge Blocks Part of Texas Abortion Law The ruling in Federal District Court rejected a provision requiring doctors at abortion clinics to have admitting privileges at a nearby hospital. China telecom firms take long road to profit with 4G rollout BEIJING (Reuters) - Faster isn't necessarily better for China's telecom carriers as they prepare to roll out high-speed 4G mobile phone networks at the expense of their profitability for years to come. Syrian hackers hit Obama-linked Twitter, Facebook accounts WASHINGTON, Oct 28 (Reuters) - The Syrian Electronic Army, a hacker group sympathetic to Syrian President Bashar al-Assad, on Monday seized control of an online tool used by an advocacy organization for U.S. President Barack Obama to redirect links sent from his Twitter and Facebook accounts. A Black Hole Mystery Wrapped in a Firewall Paradox A paradox around matter leaking from black holes puts into question various scientific axioms Either information can be lost; Einsteins principle of equivalence is wrong; or quantum field theory needs fixing. Top films at the North American box office Sept 8 - Following are the top 10 movies at North American box offices for the three days starting Sept. 6, led by "Riddick" at No. 1, according to studio estimates compiled by Reuters. 1 (*) Riddick.............................$ 18.7 million 2 (1) Lee Daniels' The Butler.............$ 8.9 million 3 (5) Instructions Not Included...........$ 8.1 million 4 (3) We're the Millers...................$ 7.9 million 5 (4) Planes..............................$ 4.3 million 6 (2) Helping blind golfers thrive Shane O'Donoghue speaks with Midori Miyazaki about encouraging blind people to take up the sport of golf. Even at $700, Apple is not a bubble Felix TV It took 15,000 data points to answer a question millions of investors are asking Is Apple stock overvalued? With the help of friends at Datastream, Reuters blogger Felix Salmon presents a unique visual analysis showing that even at $700 a share, Apple is not overvalued as Microsoft was before its bubble burst. (September 19, 2012) Michelle Gelber, Mandy Spiller The wedding took place on the beach in Asbury Park, N.J. Science of Its Time The Automatons of Yesteryear Humanoid machines have been around since the early 20th century, but technology has only recently begun to fulfill some of the aspirations of the earliest inventors. FOREX-Dollar rises but stays near 9-month low on Fed outlook NEW YORK, Oct 28 (Reuters) - The dollar edged higher on Monday but held close to a nine-month low against major currencies on expectations the Federal Reserve will continue its massive asset purchase... Bats 1975 Redux for Red Sox Do You Agree With Obstruction Call? The similarities between this years World Series and the 1975 version have been striking. And in both Series, the Red Sox were on the wrong end of an obstruction decision. Blazers Beat Warriors 90-74 in Preseason Finale The taxing preseason, which included two games in China, is finally over. Whether the Golden State Warriors are ready to live up to lofty expectations remains unclear. Video Offered to Back Claim of Cairo Attack Ansar Beit el-Maqdis, a relatively new extremist group, released footage to back its claim that it carried out a suicide attack in Cairo in September. Jewels turn up atop French glacier It reads like the opening scene of an "Indiana Jones" movie. Canada says falling short of emissions reduction target OTTAWA (Reuters) - Canada acknowledged on Thursday that it will miss its target for greenhouse gas emissions by a wider margin than expected unless it takes further action to offset emissions in the oil industry. In Indonesia, a Push for Prohibition Strikes Fear Conservative Muslim groups say prohibition is part of their goal to create an Islamic state, and critics fear that lawmakers may support a ban to win over voters in elections next year. Breakingviews Li Ka-shing can still ka-ching Oct. 24 - Hong Kong tycoon Li Ka-shing may be an octogenarian, but he's still shrewd when his money is on the line. Breakingviews looks at his business empire and asks if it pays to invest in the man himself. Fiscal cliff All it takes is a superhero - Felix TV Reuters blogger Felix Salmon takes to kids toys to explain one of the most vexing problems facing Washington the fiscal cliff. (December 12, 2012) To Expand Offshore Power, Japan Builds Floating Windmills The projects backers say that offshore windmills could be a breakthrough for this energy-poor nation. Nielsen adds Web viewers to its TV ratings A TV show can be wildly popular online, inspiring binge-watching marathons and feverish Twitter chatter, but it's still the number of people turning in via a regular television set that are counted most by networks. F.D.A. Urging a Tighter Rein on Painkillers In a major shift, the Food and Drug Administration recommended new limits on prescriptions for widely abused narcotic painkillers like Vicodin and Lortab. $1.3 million worth of art auctioned for Syrian refugee children BEIRUT (Reuters) - An estimated $1.3 million worth of art from more than 130 artists, mostly from Syria and Lebanon, is being auctioned at below-gallery prices in Beirut to raise money for Syrian refugee children. U.S. factory, housing data suggest economy losing steam WASHINGTON (Reuters) - U.S. manufacturing output barely rose in September and contracts to buy previously owned homes recorded their largest drop in nearly 3-1/2 years, the latest signs the economy's momentum ebbed as the third quarter ended. Bilbao halt Getafe charge and climb to fifth in La Liga MADRID (Reuters) - Athletic Bilbao ended Getafe's run of four straight wins and climbed above them into fifth place in La Liga when Aymeric Laporte's early bullet header secured a 1-0 win at the Coliseum in Madrid on Monday. 4 kids, mom stabbed to death CNN's Rosa Flores has the latest on the stabbing deaths that took place in a Brooklyn apartment. US STOCKS-SP 500 ends at record on Fed hopes; Dow, Nasdaq flat * Dow down 0.01 pct, SP 500 up 0.1 pct, Nasdaq down 0.1 pct Facebook Eases Privacy Rules for Teenagers Teenagers will now be able to post items that can be seen by the public, making it easier for the social network to turn a post into an ad that can be shown widely. Personal Health Commutings Hidden Cost The American dependence on cars, resulting in lost hours that could otherwise be spent exercising or socializing, has taken a toll on our health. Flash floods kill 16 in eastern India Flash floods have swept through the eastern Indian state of Odisha, killing 16 people, and forcing more than 85,000 others to evacuate their homes, an official said. The Media Equation Gawker Kicks Open the Closet, but Its Disclosure Barely Reverberates Now that gay marriage is a fact of life, a persons sexual orientation is not only not news, its not very interesting. Why Wells Fargo's loan losses are plunging (Reuters) - Wells Fargo Co's loan book is performing better than many of its peers and better than even the bank expected in the middle of the last year, thanks to factors including higher house prices and tougher loan standards.

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