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News Feed Latest worldwide news T Magazine About Last Night | An Art Soiree Starring Lady Gaga The twentieth annual Watermill Center summer benefit was both a fundraiser and a bacchanalian spectacle. JP Morgan under investigation in Monte Paschi probe document SIENA/MILAN (Reuters) - Italian prosecutors probing Monte dei Paschi's 2007 acquisition of a smaller rival are investigating U.S. investment bank JP Morgan over an alleged crime committed by one of its employees, according to a prosecutors' document. UPDATE 2-Brazil currency ends flat as central bank acts, Fed fears ease * Real falls to lowest in over 4 years but then erases losses CIT clamps down on credit to some J.C. Penney vendors source NEW YORK (Reuters) - Commercial lender CIT Group Inc abruptly stopped funding some future shipments to struggling retailer J.C. Penney Co Inc , just months before the all-important holiday season, a source familiar with the situation said on Wednesday. Take that, dragon Siegfried blasts Fafner for Wagner's 200th BAYREUTH, Germany (Reuters) - It was bound to happen in a staging of Richard Wagner's "Ring" cycle someday, but few would have expected that in Wagner's own opera house in his bicentenary year his hero Siegfried would kill the fierce dragon Fafner with a machinegun instead of a magic sword. Paul Liebrandt Is Leaving Corton Mr. Liebrandt plans to shift his attention to the Elm, a restaurant he opened in Williamsburg, Brooklyn, and a high-end project in Manhattan that could come together next year. Asia demand drives up art sales with China, India targeted LONDON (Reuters) - Increasing demand from Asian buyers boosted sales at major international auction houses Christie's and Sotheby's in the first half of 2013 with expectations of growing participation by Chinese and Indian collectors in the global art marketplace. The Amazon's stadium race For the World Cup in 2014, the 42,618-seater Arena Amazonia will be one of the event's most striking stadiums. If it is finished on time..... Obama asks Republican Senators McCain, Graham to visit Egypt WASHINGTON (Reuters) - President Barack Obama has asked two senior Republican senators to travel to Egypt to meet with its military leaders and the opposition, as Cairo's allies struggle with how to address the turmoil convulsing the country. India Ink Image of the Day July 30 A shopkeeper selling garlands made of Indian rupees, in New Delhi. Dinosaur Skeletons Headed to Auction, Not Museum Two skeletons found in Montana by commercial fossil hunters are to be auctioned in New York, where they could bring an estimated $7 million to $9 million. Motherlode Blog Making Medicine Bottles Even More Child-Resistant If you dont get the cap all the way back on, most 3- and 4-year olds can drain a bottle of sweetened medicine in minutes. New flow restrictors could help. No Starting QB Yet for Oklahoma; Texas Has Answer Oklahoma coach Bob Stoops was quick to point out there still is no final decision on who will be the starting quarterback for the Sooners this season. Macau mogul hopes dinosaurs trump volcanoes in new casino resort MACAU (Reuters) - Macau tycoon David Chow is ripping up the fake volcano and Roman amphitheatre that were the show pieces of a failed theme park he built in the Chinese gaming enclave seven years ago. U.S., Asian sales boost Ford Ford CFO Bob Shanks speaks with Nina dos Santos about how the Chinese market is helping Ford's global bottom line. GLOBAL MARKETS-Tense for China test, after Fed settles nothing SYDNEY, Aug 1 (Reuters) - Asian markets got off to an indecisive start on Thursday after the Federal Reserve provided little clarity on the outlook for U.S. stimulus, leaving investors hostage to... In Transit Blog Room With a Bike Kimpton Hotels has a partnership with Public bikes in which guests can use complimentary bicycles. Spain's Montanes, Granollers Advance in Kitzbuehel Albert Montanes and Marcel Granollers had straight-set wins to reach the second round of the bet-at-home Cup on Monday. Obama defends Summers as he mulls Fed pick WASHINGTON (Reuters) - President Barack Obama defended Lawrence Summers on Wednesday in the face of concerns by fellow Democrats that the president may name his former economic adviser as chairman of the Federal Reserve, lawmakers said. Music Review Wagners Ring Opens at Bayreuth With Reality-Cam Touch The first two operas of Wagners Ring cycle, by the avant-garde director Frank Castorf, had their debuts at the Bayreuth Festival over the weekend. TV show gives away babies Plumbing new depths in the battle for television ratings, abandoned babies are being given out as prizes on a controversial prime-time game show in Pakistan. Editor's Choice Our best photos from the past 24 hours. Small businesses see growth, but eye interest rates NEW YORK (Reuters) - Small business owners plan for growth this year but are closely tracking recent interest rate rises and any impact they might have on their business and customers, according to a... Well In Terms of Injury, Cities Safer Than Country If you want to avoid death by injury, live in a large city a new study has found they are safer than rural areas. On Religion A Jewish Pathbreaker Inspired by Her Countryman Mandela Sara Hurwitz was informed by her childhood in South Africa in her quest for an Orthodox ordination. T Magazine All the Rage | The Next Great Cocktail Craze? Boozy Punches At the 11the annual Tales of the Cocktail convention in New Orleans, revelers embraced large-batch, high-proof drinks served in giant bowls. Facebook Briefly Trades Above I.P.O. Price Shares in the company have risen about 34 percent since it announced a surprisingly strong earnings report last week. Parker Scores Record 23 to Lead West in W.N.B.A. All-Star Game The Los Angeles Sparks star Candace Parker earned the games most valuable player honors in her All-Star debut. Is the Acer W510 Windows 8 tablet better than Windows RT? Can a Windows 8 tablet running on Intel's Atom be a good middle ground between Windows RT and more expensive devices? Take a look at Acer's W510 great battery life and full Windows 8. President of Bayern Munich Is Charged With Tax Evasion German prosecutors have charged Uli Hoeness, the president of Bayern Munich, with tax evasion after an investigation into his financial dealings with a bank account in Switzerland. UPDATE 1-Ghosts beat minions as 'Conjuring' horror flick leads box office NEW YORK/LOS ANGELES, July 21 (Reuters) - "The Conjuring," a low-budget horror movie about a haunted farmhouse, spooked two pricey competitors and the "Despicable Me" minions to win a crowded weekend box office contest at U.S. and Canadian theaters. Football Benitez died from 'heart failure' Christian Benitez's sudden death at the age of 27 was due to heart failure, says his Qatari club Al Jaish. Francis wades into favelas The man widely revered as the "Slum Pope" wades into the favelas of Rio de Janeiro. CNN's Shasta Darlington reports. ArtsBeat Jane Austen Banknote Earns Huzzahs, Nitpicking Austen is to become only the third woman other than Queen Elizabeth II to appear on a British bank note. Hagel Sees 2 Paths for Cuts Paring Militarys Size or Capability Defense Secretary Chuck Hagel on Wednesday offered his most thorough assessment of financial challenges facing the military. No proof of bribery in Monte Paschi Antonveneta deal prosecutor SIENA (Reuters) - Italian prosecutors investigating Monte dei Paschi's costly acquisition of a smaller rival in 2007 have found no evidence that bribery was involved, they said on Wednesday. As solar panels pile up, China takes axe to polysilicon producers HONG KONG, Aug 1 (Reuters) - Three quarters of China's solar-grade polysilicon producers face closure as Beijing looks to overhaul a bloated and inefficient industry, resulting in fewer but better... Serena on French triumph CNN's Amanda Davis interviews Serena Williams after winning her second French Open title. Whats On Wednesday Television highlights. Small-Business Guide Sell a Business to Cover Retirement? Dont Count on It Many businesses simply cannot be sold and others end up being sold for far less than expected.

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