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News Feed Latest worldwide news Penn St Athletic Director Expects O'Brien to Stay Penn State Athletic Director David Joyner expects Bill O'Brien to be the Nittany Lions' football coach for a long time even if O'Brien keeps attracting interest from the NFL. Knight Capital CEO Joyce quits newly merged trading firm NEW YORK (Reuters) - Tom Joyce, the former chief executive officer of Knight Capital who helped the trading firm avoid bankruptcy, has resigned from the company just days after its takeover by rival Getco was finalized, the newly combined trading firm said in a statement. Heirs Fight Museums to Reclaim Art Marty Grosz, son of the German artist George Grosz, seeks the return of some of his fathers works that were acquired by the Museum of Modern Art in New York. Yahoo buys mobile app company Qwiki (Reuters) - Yahoo Inc said that it will buy Qwiki Inc, a mobile app for creating videos in Apple Inc's iPhone, as it tries to increase its presence in the world of smartphones and tablets. New AAC Puts 1st Men's Tournament in Memphis The new American Athletic Conference will hold its first men's basketball tournament at the FedExForum in Memphis next March. Next Stop A Comeback on Chiles Coast Over the past several years the historic city of Valparaso has been revived, creating a destination with new cultural sites, restaurants and boutique hotels. Bolivia says Morales' plane diverted, apparently over Snowden LA PAZ (Reuters) - Bolivia said President Evo Morales' plane was forced to land in Austria on Tuesday after France and Portugal refused air permits, apparently because they suspected it was carrying Edward Snowden, the former U.S. spy agency contractor wanted by Washington on espionage charges. Diners Journal Blog Health Inspectors Close Perla Gabriel Stulman, who owns the Greenwich Village restaurant, said it would reopen for dinner on Wednesday. U.S. declines to criticize Egypt's military as Mursi is ousted WASHINGTON (Reuters) - The United States declined on Wednesday to criticize Egypt's military, even as it was ousting Egyptian President Mohamed Mursi from power. Study links "heading' of soccer ball to brain damage June 30 - A new study links frequent 'heading' of the ball in soccer to brain damage. Research published in the journal Radiology, says players who head the ball frequently are more likely to suffer brain damage and memory loss than players who focus more on their feet. Elly Park reports U.S. man in N. Korea Please help The American citizen sentenced to 15 years in a North Korean labor camp, has appealed to the Korean authorities for forgiveness and asked the United States for help in securing his release in an exclusive interview from prison obtained Wednesday by CNN. Gadgetwise A Small Bluetooth Speaker Named Boom Ultimate Ears has produced the aptly named Boom, a $200 Bluetooth sound dock that is both compact and loud. English profanity earns place in standard German dictionary BERLIN (Reuters) - The English profanity "shitstorm" is so widely used by Germans, including Chancellor Angela Merkel, that the country's most prestigious dictionary has included it in its latest edition. Grigor Dimitrov challenges Cash Pat Cash hits with ATP rising star Grigor Dimitrov. Penguins Sign Letang to Long-Term Deal The Pittsburgh Penguins and their Norris Trophy finalist defenseman Kris Letang have agreed to an eight-year $58 million contract extension, the National Hockey League club said on Tuesday. UPDATE 2-Shares of Brazil OGX plummet as regulator starts probe * OGX says has enough cash to meet mid-term obligations (Adds detail about additional inquiries into EBX Group companies and the nature of its inquiry) Wallace Shawn and Andr Gregory on Their Long Collaboration The playwright-director duo of Wallace Shawn and Andr Gregory on their 40-year collaboration and the pleasures and benefits of rehearsing a play for a really long time. Now air-con grounds Dreamliner An All Nippon Airways 787 Dreamliner was held in Tokyo after a mechanical problem, the fourth such incident for Dreamliners in 10 days. DealBook Terra Firma Real Estate Unit to Raise $1.5 Billion in I.P.O. Terra Firma, the private equity firm run by Guy Hands, plans to raise as much as $1.5 billion through the initial public offering of the German real estate company Deutsche Annington. NBA's Wade in China to promote sneakers, but supply is short BEIJING (Reuters) - The Miami Heat's Dwyane Wade visited China on Wednesday for the first time since signing a multi-million dollar contract with Chinese sportswear company Li Ning last year, but the sneakers that bear his name are in short supply. Legislators Reap Benefits of Part-Time Jobs at Law Firms, Filings Show In one notable revelation, the disclosure of the Assembly speaker, Sheldon Silver, showed that he earned between $350,000 and $450,000 last year. Missing boaters found off Honduras, Coast Guard says Eight boaters missing off Honduras since Sunday have been found, and a rescue is under way, the U.S. Coast Guard announced Wednesday. Euro rallies vs dollar as Portuguese bond yields fall from highs NEW YORK, July 3 (Reuters) - The euro rallied against the dollar on Wednesday, hitting session highs, as Portuguese bond yields came off their highs. McEnroe Enjoys New Role as Comedy Fall Guy John McEnroe was once the "bad boy" of Wimbledon, berating linesmen and umpires alike and famously screaming "You cannot be serious". How has cycling recovered? Amanda Davies looks at the financial impact of the Lance Armstrong revelations and how cycling has since recovered. Investors press Dell on 'Plan B' as buyout bid totters NEW YORK (Reuters) - Some Dell Inc shareholders said on Wednesday they are pressuring the board to come up with a contingency plan should a proposed $24.4 billion buyout of the No. 3 PC maker fail in the face of investor opposition. Pharrell Williams sues will.i.am over 'i am' (Reuters) - Music producer Pharrell Williams filed a lawsuit Monday asking a U.S. court to rule he has not violated any trademark that Black Eyed Peas rapper will.i.am owns for the phrase "I AM." Ex-Bank of America trader launches credit hedge fund - source LONDON (Reuters) - Veteran credit trader Iftikhar Ali is launching his own hedge fund firm, a source close to the new company told Reuters, as traders look to cash in on turbulent bond markets. Factory orders rise, hint at stability in manufacturing WASHINGTON (Reuters) - New orders for factory goods rose for a second straight month in May, adding to tentative signs of stabilization in manufacturing after a recent slowdown. Kelly Says Rees Will Start for Notre Dame in 2013 Tommy Rees is Notre Dame's starting quarterback again. Egypt army topples president, announces transition CAIRO (Reuters) - Egypt's armed forces overthrew Islamist President Mohamed Mursi on Wednesday, sparking wild rejoicing in the streets at the prospect of new elections as a range of political leaders backed a new political transition. Avalanche Looking at MacKinnon for 1st Pick The Colorado Avalanche own the top pick in the NHL draft and a whole lot of options. Democrats Push Christie to Support Gay Marriage The New Jersey governor called the Supreme Courts ruling insulting, but he faces a challenge in trying to please the voters in his state and those in his party. DealBook Fashion Label Nicole Farhi Is in Bankruptcy Nicole Farhi, named after the designer who founded the company in 1982, appointed the restructuring adviser Zolfo Cooper to take over the business and find a buyer. Regulator in France Raids Office of Apple Authorities reportedly want to know if Apple ordered its wholesalers not to deliver some products on time to retailers. Pirelli hits back over Silverstone tire fury Pirelli say its tires are not putting Formula One drivers at risk but make changes to its rubber for the German Grand Prix after a series of dramatic blowouts at Silverstone. REFILE-Stern Advice - A grain of salt for those retirement projections WASHINGTON, July 3 (Reuters) - Only cave dwellers have missed the boom in retirement-planning studies what seems like a daily barrage of industry-funded surveys and white papers pointing to an aging population so woefully unprepared they will have work until they are 90, brown-bagging cat-food lunches when they do. Pirelli tire plan on hold Pirelli puts its plan on hold to introduce new race tires at next month's Canadian Grand Prix. Ecuador to U.S. Don't threaten us Defiant authorities in Ecuador say they won't bow to U.S. pressure as they weigh former NSA contractor Edward Snowden's request for asylum. City Room In Battle Against H.I.V., Using Facebook and Twitter A project called theSEXword seeks to harness social media to educate gay and bisexual men about the risks of contracting H.I.V. and AIDS.

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