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News Feed Latest worldwide news Obama unveils African power initiative June 30 - U.S. President Barack Obama unveiled on Sunday (June 30) a $7 billion initiative to double access to power in sub-Saharan Africa over the next five years, in what could be his presidency's signature program to benefit Africa. 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. Statehouse Memo Texas Democrats Try to Keep Their Momentum Going As the state legislature meets in the wake of a dramatic Democratic filibuster over an abortion bill, Gov. Rick Perry is likely to regain the upper hand. Senate leader McConnell a big loser on Election Day WASHINGTON (Reuters) - Senate Republican Leader Mitch McConnell set two top goals for the 2012 election a Republican takeover of the Senate and the defeat of President Barack Obama. Corner Office Never Duck Tough Questions, Says Drugstore.comx2019;s Chief Dawn Lepore, chairwoman and chief executive of Drugstore.com, says good leaders direct employeesx2019; energies toward the mission at hand. Winklevoss twins plan IPO for Bitcoin-tracking stock SAN FRANCISCO, July 1 (Reuters) - The Winklevoss twins, who famously alleged that Facebook Inc founder Mark Zuckerberg stole their website idea, have revealed plans for an IPO that will give investors exposure to the value of digital currency Bitcoins. Egypt erupts in violence July 1 - Violence erupts overnight in Egypt on the anniversary of the inauguration of President Mohamed Mursi. Julie Noce reports. Japan PM Abe hops and flips in voter-wooing game app TOKYO (Reuters) - It's a bird, it's a plane ... It's a cartoon version of Japanese Prime Minister Shinzo Abe, hopping and somersaulting his way through the sky in a smartphone game app his party hopes will lure young voters ahead of a July 21 election. Brazil thrash Spain in Confed Cup final Hosts Brazil enjoy a triumphant finale to the troubled Confederations Cup with a 3-0 defeat of world champions Spain in the Maracana Sunday. UPDATE 4-OGX down 39 pct as Brazil oil company fights to survive * Three offshore oil prospects dumped * OGX to cancel ship orders, pay OSX compensation * Rival HRT also scales back Amazon natgas plans (Adds bond decline details, comment, rival HRT; updates prices) By Jeb Blount RIO DE JANEIRO, July 1 (Reuters) - Brazilian billionaire Eike Batista's flagship oil company OGX Petroleo e Gas SA slashed capital spending on Monday and pulled the plug on three offshore oil prospects, the latest move by his EBX Group to bolster finances and avert Confeds Cup marred by protests Brazilian protestors argue that money should be spent on public services instead of new stadiums for the World Cup. Seattle fireworks too scary for baby bald eagles SEATTLE (Reuters) - Just because they're both emblems of American pride doesn't mean fireworks and bald eagles should share the same skyline. T Magazine The Scene | Paris Mens Fashion Week Comme des Garons Scenes from the mens fashion week photo diary of Barbara Anastacio. Arizona Blaze That Killed 19 Firefighters Rages On The deaths in the midst of an Arizona wildfire were the greatest loss of firefighters in a single disaster since the attacks of Sept. 11, 2001. Cirque performer dies after accident A performer from the famed troupe Cirque du Soleil died in a weekend accident during a show at a Las Vegas casino, authorities said Sunday. Kelly Slater 'Surfing is my religion' Among the fearless young men carving scars into the faces of towering waves, is the "King of Surfing." Square Feet As Coney Island Stirs, One Mans Vision Is Unbuilt Horace Bullard had big plans for redeveloping the Coney Island of his youth, but he died with his properties still on the market. Barnes Noble retreats from tablet wars as Nook sales plummet (Reuters) - Barnes Noble Inc will stop manufacturing its own Nook tablets, marking the end of its expensive attempt to compete alone with deep-pocketed rivals Amazon.com Inc, Apple Inc and Google... 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. Legendary F1 partners to be reunited Japanese car manufacturer Honda is returning to Formula One in 2015 as an engine partner with British racing team McLaren, a deal which will renew one of the most successful partnerships in motorsport's elite class. Movie Review A Man Becomes a Woman in Laurence Anyways In Laurence Anyways, a couple endure off and on after one confides to the other that he wants to become a woman. PBS' Charlie Rose settles with unpaid interns as lawsuits spread July 1 (Reuters) - PBS talk show host Charlie Rose and his production company will pay roughly $110,000 to settle a lawsuit brought by former unpaid interns, under an agreement approved by a New York state judge. Gadgetwise Blog QA Reorganizing the Video Library in iTunes 11 If you do not like the way iTunes has sorted your media collection, you can refile items yourself. Personal Health Steps for More, and Better, Sleep In general, adults need at least seven hours of sleep, and being mindful of diet and exercise during the hours leading up to bedtime can help ensure a restful night. Retired U.S. General Is Focus of Inquiry Over Iran Leak Retired Gen. James E. Cartwright is being investigated in the leak of information about cyberattacks using the Stuxnet virus targeting Irans nuclear program. Tour stars on God golf Living Golf explores the role of faith on the PGA Tour and speaks with 2012 U.S. Open champion Webb Simpson. UPDATE 1-Australia's Brambles to float $2 bln data management unit * Spin-off comes a year after scrapping the sale of Recall D-Backs to Wear Patch to Honor Firefighters The Arizona Diamondbacks will wear a memorial patch on their uniforms for the remainder of the season to honor the 19 firefighters killed while battling a wildfire northwest of Phoenix. Speculators pare long dollar bets in week - CFTC and Reuters June 28 (Reuters) - Currency speculators reduced their bets in favor of the U.S. dollar to the lowest since mid-February, according to weekly data from the Commodity Futures Trading Commission... UPDATE 2-RWE shares drop as Gazprom ruling brings no boost * Financial effects of award in line with co's expectations Tensions easing in South China Sea? China has agreed to hold formal talks with its southeast Asian neighbors about establishing a "code of conduct" to ease maritime tensions in the South China Sea, a major step forward in the long-running dispute. For financial geeks, a do-it-yourself hedge fund site BOSTON (Reuters) - In the secretive world of hedge funds, algorithms are not shared because they provide the juice behind market-beating returns, and are a key reason why hedge funds charge their... Unable to Visit With Mandela, Obama Honors His Legacy President Obama delivered his respects in a private meeting with Nelson Mandelas family as South Africans gathered at Mr. Mandelas home to express their emotional bond with him. Pinto More female directors needed "Slumdog Millionaire" actress Freida Pinto talks to CNN about girl empowerment, her ambitions behind the camera and why Hollywood needs more female film directors. Bessemer goes on defense, on pace for best year NEW YORK (Reuters) - Portfolio managers at Bessemer Trust, financial adviser to ultra-wealthy U.S. families, took an extremely defensive posture a few weeks ago amid some of the most volatile... Chinese Firm Is Charged in Theft of Turbine Software Chinas biggest wind turbine company and two of its executives are accused of conspiring to steal an American firms software for controlling the flow of electricity. Twelve casinos seek online gaming permits in New Jersey July 1 (Reuters) - All 12 Atlantic City casinos took the first step to secure Internet gaming permits ahead of a Sunday deadline set by New Jersey regulators, who are preparing for the start of... On the Runway Blog Berluti Holds a Picnic, Givenchy Misses At Berluti, beautifully cut and detailed suits in sunflower yellow, white, navy and burgundy looked like an ideal of an Italian summer evening, without a trace of costume drama. Can Africa become China 2.0? Africa can emulate China's success, but not without making sacrifices, says China's special representative on African Affairs. Floating Schools Bring Classrooms to Stranded Students In Bangladesh, where floods regularly disrupt education, a nonprofit group has found a way of using wooden boats to deliver classes and books to rural communities.

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