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News Feed Latest worldwide news Zynga's new CEO to get pay package worth some $50 million SAN FRANCISCO (Reuters) - Don Mattrick, the head of Microsoft Corp's Xbox business who will replace Zynga Inc founder Mark Pincus as chief executive next week, will get a hefty, largely stock-based compensation package of about $50 million in coming years, the company said in a regulatory filing on Wednesday. T Magazine The Scene | Paris Couture Fashion Week Valentino Scenes from the couture fashion week photo diary of Schohaja. Analysis Cautious toward Middle East, Obama gets second chance in Egypt WASHINGTON (Reuters) - When President Barack Obama sat down with his top national security aides this week to determine how to react to a military takeover in Egypt, he had a tough choice to make. TechquityZuckerberg should step down like Zynga CEO-Wedbush Jul 5 - Wedbush Securities' Michael Pachter says that it would be great if Facebook CEO Mark Zuckerberg stepped down as CEO to just focus on product management like Zynga's Mark Pincus did this week. London Theater Journal Heaven and Earth Ben Brantley reviews Conor McPhersons Night Alive and James Baldwins Amen Corner. Pushkin Director Departs After Bid for Presidents Support The longtime director of the State Pushkin Museum of Fine Arts is stepping down, weeks after trying to involve President Vladimir V. Putin in a dispute with the Hermitage. After the Thaw Outdoor Fun in Berlin Now that the outdoors is open for business, here are frugal-friendly ideas for alfresco activity in the capital, from biking to burgers to the beach. Australian Premier Seeks to Slow Tide of Refugees Prime Minister Kevin Rudd of Australia will visit Indonesia with one thorny issue atop his agenda turning the flood of asylum seekers back to a trickle. Private bank clients urged to avoid U.S. securities GENEVA (Reuters) - Some Swiss bankers are advising clients to steer clear of U.S. securities ahead of a new law that would tax people with over $50,000 invested in stocks or bonds of U.S. companies... U.S. enjoys July 4 parades, picnics under watchful eyes of police NEW YORK (Reuters) - People across the United States gathered on Thursday for parades, picnics and fireworks at Independence Day celebrations, held under unprecedented security following the Boston Marathon bombings. Firefighter Identified From 9/11 Remains The remains of Lt. Jeffrey Walz were collected before May 2002 but were retested and identified only recently, the city medical examiners office said. Sports Briefing | Basketball Liberty Lose to the Surging Mercury Candice Dupree scored 20 points and Brittney Griner added 18 points and 5 rebounds, leading the Phoenix Mercury past the Liberty, 94-87, for the Mercurys fifth straight win. California pot shop billed as world's largest may stay open for now -judge SAN FRANCISCO (Reuters) - A medical marijuana dispensary billed as the world's largest cannabis store may stay open while the city of Oakland fights a U.S. government effort to shut it down or seize the property, a federal judge ruled on Wednesday. UPDATE 1-Tropical Storm Erick approaches Mexico's Pacific coast, strengthens MEXICO CITY, July 5 (Reuters) - Tropical Storm Erick kicked out increasingly strong wind gusts as it approached Mexico's Pacific coast port of Lazaro Cardenas on Friday, and a large swath of the... Mexico watchdog dismisses appeal, fines Slim's Telmex -reports MEXICO CITY, July 4 (Reuters) - Mexico's competition authority dismissed an appeal by Telmex, billionaire businessman Carlos Slim's fixed-line phone company, and fined the company about $50 million... Cerberus CEO drops stalking horse bid for Freedom Group -source NEW YORK, July 3 (Reuters) - Stephen Feinberg has scrapped a bid for the maker of the Bushmaster rifle, which his private equity firm, Cerberus Capital Management LP, put up for a sale after one of... As Competition Wanes, Amazon Cuts Back Discounts After years of lowering book prices, Amazon is offering smaller discounts on some books. Authors and small publishers said this put some books beyond an audiences reach. Gay continues impressive buildup with Lausanne win LAUSANNE, Switzerland (Reuters) - American champion Tyson Gay continued his impressive buildup to next month's world championships on Thursday by winning the 100 meters at Lausanne's Athletissima Diamond League meeting in 9.79 seconds. Bringing rock music to Ethiopia CNN's Errol Barnett meets Addis Gessesse, the manager of Ethiopian band Jano. Rusty, the runaway red panda is found June 25 - A red panda breaks out of a Washington D.C. zoo but is later found in a tree behind a nearby home. Elly Park reports. Scouting Report Fourth of July Week Shopping Events and Openings Independence Day joins the long list of national holidays that are quickly becoming reasons to shop. Egypt's shadow hangs over Syrian opposition ISTANBUL (Reuters) - Syria's opposition hit deadlock on Friday in talks to elect a new leader, as the toppling of Egypt's Muslim Brotherhood dealt a blow to its most influential faction. Womens Final Is Appropriate Conclusion to Illogical Tournament En route to the Wimbledon final, Sabine Lisicki faced a difficult path like the one her opponent, Marion Bartoli, took in 2007, but Bartoli has not lost a set in this years tournament. Hans Hass, Early Undersea Explorer, Dies at 94 Dr. Hass, a marine scientist from Austria with an affinity for sharks, was known for the many commercial films he made between 1948 and 1960. Police No Suspect in Burglary at Stoops' Home Police said Thursday they have no suspects in a burglary at the home of Oklahoma football coach Bob Stoops. Satellite tracking could be last hope for elephants in South Sudan July 3 - Conservationists in South Sudan are using satellite technology to monitor and protect the region's threatened elephant populations. They say South Sudan's elephants are in danger of being wiped out in five years, if the current rate of ivory poaching is not curbed. Ben Gruber has more. Former South African President De Klerk Hospitalized F. W. de Klerk, who worked with Nelson Mandela to end apartheid, will be hospitalized on Tuesday to have a pacemaker installed. As Competition Wanes, Amazon Cuts Back Discounts After years of lowering book prices, Amazon is offering smaller discounts on some books. Authors and small publishers said this put some books beyond an audiences reach. 'Lone Ranger' gets crushed Those little yellow minions can't be stopped! Troubled America's Cup regatta strains to reach starting line SAN FRANCISCO (Reuters) - Sunday was supposed to be when the controversy and tragedy that have surrounded the 34th America's Cup regatta would finally give way to a breathtaking spectacle of 72-foot catamarans racing around San Francisco Bay, barely touching the water, at speeds previously unheard in sailing. NASA probe finds new zone at doorstep to interstellar space CAPE CANAVERAL, Florida (Reuters) - Reports last summer than NASA's long-lived Voyager 1 space probe had finally left the solar system turned out to be a bit premature, scientists said on Thursday. Missouri vetoes raise questions for Smithfield-China deal (Reuters) - Missouri Governor Jay Nixon vetoed two bills on Tuesday that would have cleared the way for foreign ownership of farmland and potentially eliminated obstacles to the planned $4.7 billion purchase of Smithfield Foods Inc by a Chinese company. UPDATE 1-US regulator unveils plan for universal broadband * Cable group says gives phone companies unfair advantage The Lede Updates on Egypts Transition Videos, photos and updates from social media as Egyptians react to the ouster of President Mohamed Morsi. Economix Blog Confusing the Public on the Affordable Care Act Many opponents of the Affordable Care Act have used cautionary warnings of its impact, and some of them are jam-packed with misleading information, an economist writes. Kafka The Years of Insight, by Reiner Stach Franz Kafkas life was complex and surreal, this second volume of a scholarly biography shows. Egypt army denies curfew in two North Sinai towns CAIRO (Reuters) - Egypt's army denied a report that curfews had been imposed in two North Sinai towns on the border with Israel and the Gaza Strip on Friday. Nadal edges out Djokovic in epic Rafael Nadal has lost tough matches to Novak Djokovic before, including at the 2012 Australian Open. But Nadal turned the tables on Djokovic on Friday to move into the French Open final. Hepatitis Threat Forces Another Frozen Fruit Recall The Food and Drug Administration has identified frozen pomegranate seeds contaminated with Hepatitis A, part of the same shipment that caused a recall of frozen berries earlier this month. Advertising Executive From the Agency Grey New York Takes On a Larger Role Michael Houston became one of four regional chief executives at Grey and one of the few African-Americans in the executive suite of a large, mainstream Madison Avenue agency.

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