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News Feed Latest worldwide news Employers Test Plans That Cap Health Costs Companies are testing medical plans that limit what they will pay for certain procedures, encouraging employees to choose less expensive hospitals. ACC Comes to NYC to Welcome New Members The Atlantic Coast Conference's plan to expand, revealed in 2010 and modified along the way, has come to fruition. Inside Asia Turning on the Lights in Pakistan Many are wondering whether the Karachi utility's successful privatization will be repeated elsewhere. UPDATE 2-Intuit looks to bounce back with financial services sale * To sell Intuit Financial Services to Thoma Bravo for $1.03 bln Ohio governor signs budget including tax cut, anti-abortion provision CLEVELAND (Reuters) - Ohio's governor signed a two-year, $62 billion state budget on Sunday that seeks to spur economic growth with a reduction in personal income taxes and includes a provision that... China cash rates extend decline towards normality, stocks steady * Cash rate falls to lowest since before squeeze * Stocks fall as focus shifts back to econ worries By Lu Jianxin and Kazunori Takada SHANGHAI, July 1 (Reuters) - China's key short-term lending rate... The world's weirdest instrument? Is it a guitar? Is it a piano? Nope, it is a crazy iPhone-powered combination of both. Plus it has a built in bass, violin and drum machine to boot. The Artiphon Instrument 1 looks something like a medieval lute, but with a smart phone jammed into its belly. 'Star Trek' shields for astronauts? Radiation dangers pose a major threat to space explorers -- but UK scientists believe they have come up with a 'Star Trek shield' to protect them. Regulator Says China's Banking System Liquid Enough A Chinese official said at a forum that the country's banks have more than enough reserves to meet settlement needs and that exposure to government debt and the real estate market were manageable. Sniffing out schizophrenia using nose cell samples June 26 - The human nose may hold the key to diagnosing schizophrenia, according to a team of US-Israeli researchers. They say that biological markers for the disease exist in nerve cells from the upper nasal cavity near the brain, a discovery that could lead to biological diagnosis for schizophrenia and the development of drugs to treat it. Jim Drury has more. Janowicz Sparkles on Red-Letter Day for Poland Hammering down serves, bickering with the umpire and even engaging in cheeky banter with his opponent's support team, livewire Jerzy Janowicz roared into the Wimbledon quarter-finals on a momentous day for Poland on Monday. Vanderbilt Ousts 4 Football Players Vanderbilt has dismissed four football players from the team and kicked them off campus while the Nashville police investigate whether a sex crime occurred in a campus dormitory. Cuban columnist claims bribes get U.S. visas A columnist in Cuba's main government-run newspaper Friday accused employees of the United States diplomatic mission in Havana of accepting bribes for visas, charges that American diplomats challenged. UPDATE 1-Conergy nears deal with Asian investor - sources * Asian investor to take over syndicated loan deal - sources Billionaire Saudi prince grilled in UK court over Gaddafi jet LONDON (Reuters) - A billionaire Saudi prince told a London court on Monday that "each dollar counts" as he was cross-examined over his sale of an opulent private jet to Libya's former leader Muammar Gaddafi. Singer Carla Bruni to tour France, U.S. to promote new album NEW YORK (Reuters) - Singer-songwriter Carla Bruni, France's former first lady, says she doesn't miss political life, isn't afraid of getting old and is looking forward to touring in France and the United States to promote her latest album, "Little French Songs." Vontobel sees client inflows at same pace as in H1 GENEVA (Reuters) - Swiss bank Vontobel AG has seen private client inflows continuing at the same pace as in the first half of the year, private banking head Peter Fanconi said on Wednesday. Webber to quit Formula One Mark Webber has announced his intention to leave Formula One at the end of the season after signing a deal to race at Le Mans with Porsche. Sports Briefing | Soccer Mexico Loses in Under-20 World Cup Mexico was on the brink of an early exit from the Under-20 World Cup after losing to Paraguay in Gaziantep, Turkey. On Location | London Downsizing, Gone Big The goal a smaller empty nest. Does 9,000 square feet, two chimneys and a gazebo count? Singapore's 'Pink Dot' rally shows growing pressure for gay rights SINGAPORE (Reuters) - Singapore is seeing a groundswell of support for same-sex rights, reflected in a record 21,000-strong "Pink Dot" rally in the city-state, only months after its High Court... Sidebar Bound Together on the Court, but by Beliefs, not Gender Justices Ruth Bader Ginsburg, Sonia Sotomayor and Elena Kagan often came down on the same side in the past term, but look to ideology, not biology, for an explanation. 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. Rangers Have Needs but Not High Picks Having traded away their first- and second-round draft choices, the Rangers are still looking to add defensive depth and a goaltender. Exclusive U.S. drug firms vie to take stake in Celesio - sources FRANKFURT (Reuters) - Two U.S. drugs distribution groups McKesson Corp and Cardinal Health Inc are both in talks to possibly take a stake in German drugs company Celesio , two industry sources familiar with the situation said. Blasting heat forecast for U.S. Western states (Reuters) - Residents of western U.S. states awoke on Monday to more scorching heat that was expected to break record highs and grip the region through the early part of the holiday week, meteorologists said. Sports Briefing | Football House of Patriots Tight End Is Searched Again Police officers searched the home of New England Patriots tight end Aaron Hernandez again Saturday as they continued to investigate a homicide. Energy Secretary Optimistic on Obamas Plan to Reduce Emissions Ernest J. Moniz said the plan that President Obama outlined this week is achievable with some new programs and better management of existing ones, at least for the short term. Corner Office Paul Venables Paul Venables, on Asking for the Toughest Jobs The founder of a San Francisco advertising agency says he would advise college graduates starting a career to volunteer for a task their boss hates. Iggy Pop In a room which once served as the residence of the painter Monet at London's Savoy Hotel, one of rock's most engaging and enduring entertainers is having a little trouble recovering his hearing. Visibly though, Iggy Pop shows no after-effects from last night's gig at the city's Festival Hall. At 66 he looks in great shape -- yet a glance at his hell-raising musical resume tells you it's a wonder he's here at all. At 75, is Superman over the hill? In the comic-book world, he is sometimes derided as "the big blue Boy Scout." Ex-Leader of Chile Wins Primary in Bid to Return Michelle Bachelet, who was president of Chile from 2006 to 2010, won a lopsided victory in a national primary on Sunday. Oil hunt in Ugandan national park tests Africa's eco defenses KAMPALA/JOHANNESBURG (Reuters) - Uganda's Murchison Falls National Park is bisected by the majestic Nile river and boasts some of Africa's wildlife treasures - elephants, lions and a rare giraffe sub-species. UPDATE 3-Japan business mood turns positive, BOJ may upgrade econ view * Big manufacturers' sentiment index +4 vs -8 in March * Large non-manufacturers' mood also improves - tankan * Big firms project 5.5 pct rise in FY2013/14 capex * Robust spending giving firms room... NASCAR's pit crew pioneer Christmas Abbott, 5'3 and 115 pounds, is the first woman to join a NASCAR pit crew team. Adobe to buy digital marketing software company for $600 million (Reuters) - Adobe Systems Incorporated said it had agreed to acquire privately held Neolane, which operates a software platform for managing digital marketing campaigns over multiple platforms, for $600 million in cash. Australian GP Albert Park flyover Get a bird's-eye view of Melbourne's Albert Park F1 race track. King of Cuba, by Cristina Garca In Cristina Garcas novel, an aging Cuban dictator contemplates his legacy, and an exiled adversary dreams of revenge. UK PM Cameron visits Pakistan British Prime Minister David Cameron made an unannounced visit Saturday to Afghanistan, where he met with UK troops in Helmand province and held talks with Afghan President Hamid Karzai. Former Oklahoma St QB Lunt Joining Illinois Former Oklahoma State starting quarterback Wes Lunt is transferring to Illinois, returning to his home state after giving the Illini little consideration out of high school.

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