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News Feed Latest worldwide news FDA draft guidance on generic eye drug push Allergen shares lower WASHINGTON (Reuters) - Shares of Allergan Inc fell 12 percent on Monday after U.S. regulators issued draft guidance that would enable generic versions of the company's dry eye drug Restasis to come... Huge crowds rally in Egypt, political talks stalled CAIRO (Reuters) - Hundreds of thousands of supporters and opponents of ousted Egyptian President Mohamed Mursi gathered in Cairo and Alexandria on Sunday, two days after similar gatherings led to nationwide clashes that claimed more than 30 lives. Movie Review The Look of Love Stars Steve Coogan as a Sex Impresario In The Look of Love, Steve Coogan plays Paul Raymond, a British tycoon who built his empire on strip clubs, soft-core pornography and real estate. MuniLand Munis may have turned the corner, investors say July 5 - While rising interest rates have resulted in municipal bond outflows, investors say the outlook for state and local debt will improve in the second half of 2013 and feel bonds are attractively valued. UPDATE 1-Syrian crop risks threaten to worsen food shortages -UN * UN estimates wheat import needs for 2013/14 at 1.5 mln T T Magazine By Design | Emerging Talent on Display in the South of France A festival and exhibition in the city of Hyres showcases Europes up-and-coming designers, alongside one established star. On Football Patriots Put Principles on Display Some teams might have waited for the legal process to play out, but the Patriots immediately cut Aaron Hernandez after his arrest on murder charges. REFILE-In China, Nestle and Danone play it by the book SHANGHAI, July 6 (Reuters) - Swift responses from Swiss food company Nestle and French rival Danone to Beijing's announcement that it was investigating possible price-fixing of instant milk formulas are textbook examples of how firms should deal with such crises in China, executives and consultants say. UPDATE 1-Shares of Brazil OGX plummet as regulator starts probe * OGX says has enough cash to meet mid-term obligations (Adds regulator statement, details of filing) Wall Street bounces back; Zynga cuts staff June 3 - Summary of business headlines Market recovers some of Friday's sell-off as data suggest Fed has economic cover to keep buying; Zynga to slash jobs in bid to save up to $80 million per year; Merck drug shows early promise, stock gains. Conway G. Gittens reports. GLOBAL MARKETS-Dollar gains, Japan shares rise on upbeat U.S. jobs data * Dollar hits 6-wk high vs yen, euro hovers near 7-wk low vs dollar Syrian Leader Is Jubilant at Morsis Fall The Syrian president, Bashar al-Assad, sees the ouster of Mohamed Morsi as a vindication of his governments fight against the two-year Syrian uprising. Kuwait's KIPCO to bid for health insurance company stake KUWAIT, July 4 (Reuters) - Investment group Kuwait Projects Co (KIPCO) said on Thursday it would bid for a stake in Kuwait Health Assurance Co (KHAC)- the first such announcement since the bidding... Airport landing system off when plane crashed in San Francisco SAN FRANCISCO (Reuters) - A navigation system that helps pilots make safe descents was turned off at San Francisco airport on Saturday when a South Korean airliner crashed and burned after undershooting the runway, officials said. Britain opens world's largest offshore wind farm LONDON (Reuters) - The world's largest offshore wind farm, which can generate enough electricity for half a million homes, was officially opened off Britain's south-east coast on Thursday. Nestor and Mladenovic win Wimbledon mixed doubles title LONDON (Reuters) - Daniel Nestor and Kristina Mladenovic beat top seeds Bruno Soares and Lisa Raymond 5-7 6-2 8-6 to win the Wimbledon mixed doubles title on Sunday. India Ink Bomb Blasts at Indias Buddhist Mecca in Bihar Two Buddhist monks were injured after a series of low intensity blasts went off at the Mahabodhi Temple complex in Bodh Gaya on Sunday morning. Editor's Choice Our best photos from the last 24 hours. Rail company in Quebec explosion says brakes may have been released July 7 (Reuters) - The operator of a train that rolled downhill and careened into a Quebec town, causing a deadly explosion, said on Sunday that the air brakes used to hold the locomotive in place may have been released after the train was parked. Russia loses $200 million satellites as launch ends in flames ALMATY, Kazakhstan (Reuters) - A Russian rocket carrying three navigation satellites worth around $200 million crashed shortly after lift-off from the Russian-leased Baikonur launch facility in Kazakhstan on Tuesday after its engines suddenly switched off. Wagner takes control of Greenbrier Classic (Reuters) - American Johnson Wagner moved a step closer to winning his fourth PGA Tour title by seizing a two-shot lead after Saturday's third round of the Greenbrier Classic at White Sulphur Springs in West Virginia. Miner workwear changed fashion CNN's Nick Glass looks at the incredible story of Levi Strauss Co., which invented blue jeans in 1873. Jessica Pienik, Darren Fitzpatrick The bride works in advertising; the groom is a radiologist. Sports Briefing | Horse Racing Game On Dude Wins Hollywood Gold Cup for Second Time Game On Dude led all the way in winning the $500,000 Hollywood Gold Cup by a length, giving the trainer Bob Baffert his fifth victory in the race. REFILE-PRESS DIGEST - China - July 8 SHANGHAI, July 8 (Reuters) - Chinese newspapers available in Beijing and Shanghai carried the following stories on Monday. Reuters has not checked the stories and does not vouch for their accuracy. BBC Shelves Its 3-D TV Programming Plans The decision follows a similar one from ESPN. Both broadcasters said public interest in 3-D shows was less than they had expected. Market Chatter-Corporate finance press digest July 5 (Reuters) - The following corporate finance-related stories were reported by media on Friday After Protests, Forums Sprout in Turkeys Parks The antigovernment protests of last month have given way to quiet political exchanges every evening in dozens of parks around Turkey. Driverless car steering course to road-readiness June 11 - Researchers at Carnegie Mellon University are putting the finishing touches on their version of a driverless car that, they say, lays the groundwork for computers to replace humans in the driver seat within a decade. Ben Gruber went for a ride. Three Latin American leftist leaders offer asylum to Snowden LA PAZ/CARACAS (Reuters) - Bolivia offered asylum on Saturday to former U.S. spy agency contractor Edward Snowden, joining leftist allies Venezuela and Nicaragua in defiance of Washington, which is demanding his arrest for divulging details of secret U.S. surveillance programs. Check In Hotel Review Castello di Casole in Tuscany This year-old resort features a host of amenities and is surrounded by miles of countryside to explore. Battle buddies help injured vets In 2008, Dale Beatty and John Gallina founded Purple Heart Homes, a nonprofit that has modified or helped provide homes to 23 disabled U.S. veterans. Jim Nayder, 59, Specialist in Annoying Music, Dies Mr. Nayders epiphany that people were attracted to train-wreck music led him to become the Chicago-based founder and host of The Annoying Music Show on NPR. Letter From Washington Tolerance Takes the High Road The move to greater inclusiveness for gays, including acceptance of same-sex marriage, and a more liberal immigration policy are on a continuum. Michael Phelps' golf growing pains As a swimmer, his countless hours of training paid off handsomely -- earning him a record 18 Olympic gold medals. As a golfer, Michael Phelps is wondering what he's got himself into. British Airways flight makes emergency landing May 24 - Heathrow airport closes a runway after a British Airways plane makes an emergency landing. Rough Cut (no reporter narration). UPDATE 5-Five die, 40 missing after Canadian freight train disaster LAC-MEGANTIC, Quebec, July 7 (Reuters) - At least five people died and 40 were missing on Sunday after a runaway train carrying crude oil derailed and exploded in the center of a small Canadian town in a disaster that raised fresh questions about shipping oil by rail. In Wyoming, a Cheney Run Worries G.O.P. Liz Cheney, the oldest daughter of former Vice President Dick Cheney, has made it clear that she wants to run for the United States Senate seat now held by Michael B. Enzi, a fellow Republican. UK seeks fairer share for small firms from outsourcing 'oligopoly' LONDON (Reuters) - When a modest IT firm in southern England won a 13-million pound local authority contract in 1988, it was a huge coup for a business that had annual revenue of just 4.3 million... You're the Boss Blog My Restaurant Adventure Gone Fishin I will not miss the voodoo hold the place had on me. You dont run a restaurant, it runs you, if you let it.

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