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News Feed Latest worldwide news EasyJet leads UK FTSE bounce after update LONDON, July 4 (Reuters) - Britain's top share index rebounded on Thursday, taking its cue from gains in Asian and U.S. stocks and strength in easyJet, although gains were limited by concerns about... Market Chatter-Corporate finance press digest July 5 (Reuters) - The following corporate finance-related stories were reported by media on Friday Witness Jackson was paranoid in last days Michael Jackson appeared paranoid, repeating himself and shivering from chills in his final days, his longtime makeup artist testified Thursday. Brazil's grupo Rede creditors approve Energisa takeover plan SAO PAULO, July 5 (Reuters) - Creditors of Grupo Rede Energia SA, the Brazilian power distribution group seeking to emerge from bankruptcy protection, approved a recovery plan and a takeover bid by Energisa SA in a ballot on Friday. Lululemon chairman eyes $220 million share sale TORONTO (Reuters) - Lululemon Athletica Inc Chairman Dennis "Chip" Wilson is looking to sell up to 3.4 million shares of the yogawear retailer, reducing the stake he controls in the company to 25 percent from 28 percent, according to an SEC filing. DealBook Lawsuit Tries Creative Approach Against Fannie and Freddie Bailout Shareholders of Fannie Mae and Freddie Mac are relying on a constitutional argument against the government rescue of the two to try to recover money from the government, the author writes. Mayweather's family affair Glance at Floyd Mayweather's complex life story and it's hard not to be reminded of the lyrics to Sly and the Family Stone's classic song "It's a Family Affair" --- "Blood's thicker than the mud, it's a family affair." 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 Samsung Cuts Its Forecast as Sales Growth Slows for Its Costliest Smartphones The Korean electronics giant estimated quarterly profit of $8.3 billion, short of analysts expectations, as sales of Galaxy S4 smartphones slowed. 'Lady and Tramp' animator John Wilson dies at 93 LONDON (Reuters) - British-born animator and producer John David Wilson, famed for the "Grease" and "Lady and the Tramp" films, has died at the age of 93, his wife told Reuters on Wednesday. Dog eats dog as Britain's tabloids bare all LONDON, Oct 6 (Reuters) - Fleet Street's finest jostled furiously at the start on Thursday of a government inquiry, trying to grab public attention with tales of shock and horror. Miners lead UK's FTSE lower as geopolitical fears rise LONDON, July 3 (Reuters) - Britain's benchmark equity index fell on Wednesday, with construction and mining stocks among the worst performers, as a clutch of worrying geopolitical situations hit... 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. North Korea tourism boost bid May 22 - North Korea opens new shipping route to bring Chinese tourists to the coastal Mount Kumgang resort. Paul Chapman reports. In Transit Blog In Paris, a Hotel With New Views The Shangri-La Paris has a terrace bar with views of the Eiffel Tower, and rooms that look out on the landmark. The most powerful celebrity is... Forbes Magazine's Meghan Casserly reveals who took the number one spot on this year's "Most Powerful Celebrity" list. QA Can Barometric Pressure Cause Headaches and Other Discomforts? Differences in air pressure because of the weather or changes in altitude can have noticeable effects on the human body. Blood on the streets of Egypt Fighting across Egypt leaves 22 people dead and hundreds more injured as fears rise of widening violence after a coup ousts the country's first democratically elected president. Sports Briefing | College Football Mississippi State Penalties Accepted The N.C.A.A. largely accepted Mississippi States self-imposed penalties on its football program for recruiting violations. Broken promises behind protests (CNN) - Not even football -- or soccer, for those in the U.S. -- could stop them. UPDATE 1-Vivus, activist investor claim support in proxy battle * Glass Lewis recommends against voting for all 9 nominees Vivus A Coup? Or Something Else? $1.5 Billion in U.S. Aid Is on the Line President Obama seems content to let a debate play out in hopes of using the possibility of an aid cutoff to influence the situation without actually pulling the trigger yet. UPDATE 1-US FCC approval paves way for SoftBank, Sprint, Clearwire deals WASHINGTON, July 5 (Reuters) - Japan's SoftBank Corp on Friday received the final approval it needed from U.S. regulators for its $21.6 billion bid to take control of Sprint Nextel Corp, the No. 3 U.S. wireless provider. National Briefing | Plains Oklahoma Boy Is Killed by Parade Float An 8-year-old boy died after he was run over by a float driven by his father at the end of a Fourth of July parade in central Oklahoma. Detroit pushes 2013 muni bond defaults up to $6.96 bln-newsletter July 5 (Reuters) - Detroit's announcement that it is suspending payments on its unsecured debt as a likely prelude to bankruptcy pushed the amount of defaulted debt in the U.S. municipal bond market... Cousteau meets wetland wildlife Philippe Cousteau explores the largest environmental restoration project ever attempted in the Florida Everglades. 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. Dot Earth Blog Global Warming Trend and Variations Charted by Cello A cellist conveys climate change in a musical composition. Malaysia's 1MDB pays $380 mln for control of local power plant firm KUALA LUMPUR, July 5 (Reuters) - Malaysia's state-owned strategic development company 1Malaysia Development Bhd (1MDB) said it would pay around $380 million to take control of a local coal power plant firm, its third utility deal. Little Interest in Lone Ranger Is a Blow for Disney The big-budget film failed to hold its own against the animated feature Despicable Me 2. By the end of the weekend, according to estimates, Lone Ranger will take in less $50 million. City Room Big Ticket | 14 Rooms on Park Avenue for $23 Million An elegant 14-room co-op apartment with five bedrooms, six baths, three fireplaces and 80 feet of Park Avenue frontage. UPDATE 1-SP revises Portugal sovereign outlook down to negative NEW YORK, July 5 (Reuters) - Ratings agency Standard Poor's on Friday revised Portugal's sovereign credit outlook downward to negative from stable on worries political instability there may derail... Fast track to driver road rage? It may not be "High Noon," but the Red Bull team are facing a Shanghai showdown when their two drivers resume rivalries at this weekend's Chinese Grand Prix. Really? The Claim Children Tend to Gain Weight Over Summer Recess Studies suggest that youngsters may be most likely to pack on pounds when they are home for summer vacation. Marvel at the world's biggest ship When the first Triple E Class cargo vessel sails out of the Daewoo Shipbuilding and Marine Engineering yard in Okpo, South Korea, on July 2, an intriguing new age of container shipping will commence. Rose Victory Was Casey's Irish Open Inspiration Paul Casey has suffered his share of trials and tribulations in recent years and it was close friend Justin Rose's first major victory at last month's U.S. Open that inspired him to land the Irish Open title on Sunday. Economy needs immigrants Joe Green says as immigration vote goes to the House, remember why we need immigrants, a self-selecting group of risk-takers that define America and feed its entrepreneurial ethos Tennis Murray stars in great escape Andy Murray produces a remarkable comeback victory to defeat Fernando Verdasco in five sets and seal his place in the semifinal at Wimbledon Wednesday. Tennis Djokovic wins Centre Court epic Novak Djokovic beats Argentina's Juan Martin del Potro in a classic semifinal and will play Britain's Andy Murray in the title match at Wimbledon. Special penny for UK babies born on same day as royal heir There's a treat in store for anyone in Britain whose baby arrives on the same day that Prince William and his wife, Catherine, deliver a royal heir -- the gift of a coin from the Royal Mint to celebrate the birth.

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