That's the premise of Crawler Town, an entire town mounted in a gigantic platform that looks pretty much like an enormous version of NASA's crawler or the Jawa Sancrawler, which is pretty much the same thing but for tiny people.
In a brazen heist, a masked man allegedly armed with a pistol walked into the legendary Carlton Hotel in Cannes, France, and stole about $53 million of jewels that were being set up for display. NBC's Michelle Kosinski reports.
By Michelle Kosinski and Alastair Jamieson, NBC News
CANNES, France ? The estimated value of diamonds and jewels stolen from a glamorous French Riviera hotel more than doubled on Monday to $136 million, making it one of the world?s biggest heists.
Police previously estimated the worth of the stolen collection to be around $53 million, but a more complete inventory conducted by the Dubai-based organizer of the diamond show resulted in the value of the stolen goods to sky rocket even higher, a French state prosecutor told the Associated Press.
The audacious raid prompted one security expert to speculate that the notorious "Pink Panther" jewel thief gang was "on the warpath again."
The lone robber walked into the Carlton Intercontinental Hotel in Cannes late morning Sunday and demanded to be handed several bags containing jewels and diamond-encrusted watches.
"Everything happened very quickly," a judicial source told Reuters, adding that there was no violence.
Philippe Vique, an assistant prosecutor in the Riviera town of Grasse, said Monday that the man covered his face with a scarf, cap and wore gloves while pulling off the logistically simple crime.
Vique told the Associated Press that the man broke in through French doors, held up participants of the show with a handgun and fled on foot.
The robbery took only about one minute, and three private security guards were on hand, along with two vendors and a manager of the sale exhibit, according to the AP.
No customers were present during the crime.
The hotel, a haunt of the rich and famous, was where Alfred Hitchcock filmed scenes from the 1955 film "To Catch a Thief", starring Cary Grant as burglar alongside Grace Kelly.
It was hosting a temporary jewelry exhibit over the summer from the prestigious Leviev diamond house, which is owned by Israeli billionaire Lev Leviev.
The heist came two months after two smaller jewelry robberies hit the annual Cannes film festival, where many of the world's top movie stars are lent gowns and gems to parade on the red carpets and at glamorous parties.
The crime follows recent jail escapes by Pink Panther gang members.
Jonathan Sazonoff, U.S. editor for the Museum Security Network website and an authority on high-value crime, told The Associated Press that police would likely probe whether the heist is linked to the escapes.
On Thursday, gang member Milan Poparic escaped his Swiss prison after accomplices rammed a gate and overpowered guards with bursts from their AK-47s.
"The brazen drama of it is their style... The possibility of the reemergence of the Pink Panther gang is very troubling and taken seriously by law enforcement worldwide," Sazonoff said. "The theft of high value diamonds is exactly what they do, so it's not a great leap to assume they are on the warpath again. They are a crime wave waiting to happen."
The heist would appear to top a raid of a store in Paris in 2008 that netted more than $100 million worth of gems and jewelry.
"It's a huge theft,? Sazonoff told The AP. ?Anytime you talk about a heist with many millions of dollars it turns heads and feeds the imagination.?
In a statement seen by Reuters, Leviev said: "Company officials are cooperating with local authorities investigating the loss and are relieved that no one was injured in the robbery."
?There are three types of jewel thieves,? said financial crime author Jeffrey Robinson. ?There?s the idiot who walks into a jewelry store with a shotgun smashes and grabs and gets caught, then there?s the people who break into your home and try to steal a wedding ring.
?But then this third type - and this is the important one - he is the professional businessman. And his business is jewel thievery.?
NBC News' Andrew Rafferty, the Associated Press and Reuters contributed to this report.
The University of Dayton is upgrading its athletics facilities.?
The University of Dayton is preparing to spend $6 million upgrading athletics facilities, including the Donoher Basketball Center, the Dayton Business Journal reports.
The projects splitting the $6 million include a new, 10,000-square-foot Athletic Performance Center in Reichard Hall, renovations at the Donoher Center, and renovations at the Fredericks Center where the Dayton Flyers volleyball team plays.
Funding will come mostly from donations, the paper reported.
?We have invested substantially during the last 15 years in facilities where our sport programs compete and train,? Tim Wabler, vice president and director of athletics, said in a statement. ?We are giving our student-athletes and coaches the tools they need to get better every day. These projects will provide our student-athletes with the support they need to compete successfully on the fields and courts ? and in the classroom.?
Doug Buchanan directs daily online/digital news coverage for Business First.
Europe News Headlines - Yahoo! Newshttp://news.yahoo.com/europe/ Get the latest Europe news headlines from Yahoo! News. Find breaking Europe news, including analysis and opinion on top Europe stories, photos and more.en-USCopyright (c) 2013 Yahoo! Inc. All rights reservedMon, 29 Jul 2013 01:35:44 -04005Europe News Headlines - Yahoo! Newshttp://news.yahoo.com/europe/ http://l.yimg.com/a/i/us/nws/th/main_142c.gifBritish banks still credit-shy towards small firms, study finds<p><a href="http://news.yahoo.com/british-banks-still-credit-shy-towards-small-firms-053544644.html"><img src="http://l2.yimg.com/bt/api/res/1.2/q04nbPMrvVnohT3KDMdybA--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2013-07-29T053544Z_2_CBRE96R1SME00_RTROPTP_2_EU-BONUS-KARAS.JPG" width="130" height="86" alt="The Canary Wharf financial district is seen in east London" align="left" title="The Canary Wharf financial district is seen in east London" border="0" /></a>LONDON (Reuters) - Britain's risk-wary banks are reluctant to lend to small firms or pass on cuts in interest rates, according to government-commissioned research that points to a lack of supply rather than demand as the main brake on transactions. Banks have clashed with policymakers and regulators over the reasons for scant flows of credit to small and medium-sized enterprises, seen as vital to Britain's economic recovery, arguing that firms lack confidence to borrow and invest. ...</p><br clear="all"/>http://news.yahoo.com/british-banks-still-credit-shy-towards-small-firms-053544644.htmlMon, 29 Jul 2013 01:35:44 -0400british-banks-still-credit-shy-towards-small-firms-053544644<p><a href="http://news.yahoo.com/british-banks-still-credit-shy-towards-small-firms-053544644.html"><img src="http://l2.yimg.com/bt/api/res/1.2/q04nbPMrvVnohT3KDMdybA--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2013-07-29T053544Z_2_CBRE96R1SME00_RTROPTP_2_EU-BONUS-KARAS.JPG" width="130" height="86" alt="The Canary Wharf financial district is seen in east London" align="left" title="The Canary Wharf financial district is seen in east London" border="0" /></a>LONDON (Reuters) - Britain's risk-wary banks are reluctant to lend to small firms or pass on cuts in interest rates, according to government-commissioned research that points to a lack of supply rather than demand as the main brake on transactions. Banks have clashed with policymakers and regulators over the reasons for scant flows of credit to small and medium-sized enterprises, seen as vital to Britain's economic recovery, arguing that firms lack confidence to borrow and invest. ...</p><br clear="all"/>Northern Ireland struggles to heal deep fractureBy Sam Cage BELFAST (Reuters) - When U.S. President Barack Obama visited Northern Ireland before the G8 summit in June, he hailed its extraordinary progress in the 15 years since a peace agreement to end three decades of what locals call "The Troubles". On the other side of Belfast the next day, a petrol bomb thrown over a fence dividing Protestant from Catholic communities exploded next to a four-year-old girl playing in the street - just one example of sporadic violence still haunting the British province. The region of 1. ...http://news.yahoo.com/northern-ireland-struggles-heal-deep-fracture-033409403.htmlSun, 28 Jul 2013 23:34:09 -0400northern-ireland-struggles-heal-deep-fracture-033409403Immigration numbers pose political problem for Cameron<p><a href="http://news.yahoo.com/immigration-numbers-pose-political-problem-cameron-023824742.html"><img src="http://l3.yimg.com/bt/api/res/1.2/xnO4MtuXnAREnLGAQ0WrbA--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2013-07-29T023824Z_1_CBRE96R140D00_RTROPTP_2_BRITAIN.JPG" width="130" height="86" alt="Britain's Prime Minister David Cameron answers a question during a joint news conference with Italy's Prime Minister Enrico Letta in 10 Downing Street in central London" align="left" title="Britain's Prime Minister David Cameron answers a question during a joint news conference with Italy's Prime Minister Enrico Letta in 10 Downing Street in central London" border="0" /></a>By Andrew Osborn LONDON (Reuters) - The success of Prime Minister David Cameron's flagship immigration policy was called into serious question on Sunday, dealing him a potential blow ahead of 2015 elections by playing into the hands of a populist anti-immigration party. A report by MPs from across the political spectrum concluded that Britain's migration statistics were grossly unreliable and "not fit" for purpose, undermining the credibility of Cameron's assertions about the issue. ...</p><br clear="all"/>http://news.yahoo.com/immigration-numbers-pose-political-problem-cameron-023824742.htmlSun, 28 Jul 2013 22:38:24 -0400immigration-numbers-pose-political-problem-cameron-023824742<p><a href="http://news.yahoo.com/immigration-numbers-pose-political-problem-cameron-023824742.html"><img src="http://l3.yimg.com/bt/api/res/1.2/xnO4MtuXnAREnLGAQ0WrbA--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2013-07-29T023824Z_1_CBRE96R140D00_RTROPTP_2_BRITAIN.JPG" width="130" height="86" alt="Britain's Prime Minister David Cameron answers a question during a joint news conference with Italy's Prime Minister Enrico Letta in 10 Downing Street in central London" align="left" title="Britain's Prime Minister David Cameron answers a question during a joint news conference with Italy's Prime Minister Enrico Letta in 10 Downing Street in central London" border="0" /></a>By Andrew Osborn LONDON (Reuters) - The success of Prime Minister David Cameron's flagship immigration policy was called into serious question on Sunday, dealing him a potential blow ahead of 2015 elections by playing into the hands of a populist anti-immigration party. A report by MPs from across the political spectrum concluded that Britain's migration statistics were grossly unreliable and "not fit" for purpose, undermining the credibility of Cameron's assertions about the issue. ...</p><br clear="all"/>Europe banks get set for dividend lift - if regulators allow<p><a href="http://news.yahoo.com/europe-banks-set-dividend-lift-regulators-allow-015117815.html"><img src="http://l2.yimg.com/bt/api/res/1.2/pr4yZDOqiK0Q_Rk2PBUEnw--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2013-07-29T015117Z_1_CBRE96R1SSA00_RTROPTP_2_HSBC-PROBE.JPG" width="130" height="86" alt="The Angel of Independence is seen near a HSBC building in Mexico City" align="left" title="The Angel of Independence is seen near a HSBC building in Mexico City" border="0" /></a>By Steve Slater and Sinead Cruise LONDON (Reuters) - A clutch of European banks are primed to lift dividends to put them back on the radar of yield-hungry investors after years spent using cash to repair balance sheets. HSBC, UBS, BNP Paribas, Standard Chartered, Swedbank and other banks in Switzerland, France and Sweden could lead the way back to bigger payouts. But obscuring the route for banks with excess cash is a stubborn regulatory fog, meaning investors in Europe may have to wait until 2014 or later for more juicy rewards, later than an expected pick-up in the United States. ...</p><br clear="all"/>http://news.yahoo.com/europe-banks-set-dividend-lift-regulators-allow-015117815.htmlSun, 28 Jul 2013 21:51:17 -0400europe-banks-set-dividend-lift-regulators-allow-015117815<p><a href="http://news.yahoo.com/europe-banks-set-dividend-lift-regulators-allow-015117815.html"><img src="http://l2.yimg.com/bt/api/res/1.2/pr4yZDOqiK0Q_Rk2PBUEnw--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2013-07-29T015117Z_1_CBRE96R1SSA00_RTROPTP_2_HSBC-PROBE.JPG" width="130" height="86" alt="The Angel of Independence is seen near a HSBC building in Mexico City" align="left" title="The Angel of Independence is seen near a HSBC building in Mexico City" border="0" /></a>By Steve Slater and Sinead Cruise LONDON (Reuters) - A clutch of European banks are primed to lift dividends to put them back on the radar of yield-hungry investors after years spent using cash to repair balance sheets. HSBC, UBS, BNP Paribas, Standard Chartered, Swedbank and other banks in Switzerland, France and Sweden could lead the way back to bigger payouts. But obscuring the route for banks with excess cash is a stubborn regulatory fog, meaning investors in Europe may have to wait until 2014 or later for more juicy rewards, later than an expected pick-up in the United States. ...</p><br clear="all"/>SFO to receive funding for Barclays probe - FT<p><a href="http://news.yahoo.com/sfo-receive-funding-barclays-probe-ft-001642315.html"><img src="http://l.yimg.com/bt/api/res/1.2/RgSYU8TjrwpofaKC.Wkvww--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2013-07-29T001642Z_1_CBRE96S00RZ00_RTROPTP_2_BRITAIN.JPG" width="130" height="86" alt="The logo of Barclays bank is seen at its office in the Canary Wharf business district of London" align="left" title="The logo of Barclays bank is seen at its office in the Canary Wharf business district of London" border="0" /></a>(Reuters) - Britain's Serious Fraud Office (SFO) is expected to receive about 2 million pounds from the UK Treasury to support its criminal probe into the dealings between Barclays Plc and Qatar Holding, the Financial Times reported on Sunday. Barclays is being investigated by the SFO and Financial Conduct Authority (FCA) for an allegation that the bank lent Qatar Holding, a part of the Qatar Investment Authority, money to invest in it as part of a rescue fundraising at the height of the 2008 financial crisis. ...</p><br clear="all"/>http://news.yahoo.com/sfo-receive-funding-barclays-probe-ft-001642315.htmlSun, 28 Jul 2013 20:16:42 -0400sfo-receive-funding-barclays-probe-ft-001642315<p><a href="http://news.yahoo.com/sfo-receive-funding-barclays-probe-ft-001642315.html"><img src="http://l.yimg.com/bt/api/res/1.2/RgSYU8TjrwpofaKC.Wkvww--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2013-07-29T001642Z_1_CBRE96S00RZ00_RTROPTP_2_BRITAIN.JPG" width="130" height="86" alt="The logo of Barclays bank is seen at its office in the Canary Wharf business district of London" align="left" title="The logo of Barclays bank is seen at its office in the Canary Wharf business district of London" border="0" /></a>(Reuters) - Britain's Serious Fraud Office (SFO) is expected to receive about 2 million pounds from the UK Treasury to support its criminal probe into the dealings between Barclays Plc and Qatar Holding, the Financial Times reported on Sunday. Barclays is being investigated by the SFO and Financial Conduct Authority (FCA) for an allegation that the bank lent Qatar Holding, a part of the Qatar Investment Authority, money to invest in it as part of a rescue fundraising at the height of the 2008 financial crisis. ...</p><br clear="all"/>Newest royal heir stirs Scottish independence debate<p><a href="http://news.yahoo.com/newest-royal-heir-stirs-scottish-independence-debate-164300472.html"><img src="http://l2.yimg.com/bt/api/res/1.2/qxUmpvqbxOmUDXPFuUnYFA--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2013-07-28T164300Z_1_CBRE96R1AFW00_RTROPTP_2_BRITAIN-ROYAL.JPG" width="130" height="86" alt="Britain's Prince William and his wife Catherine, Duchess of Cambridge appear with their baby son, outside the Lindo Wing of St Mary's Hospital, in central London" align="left" title="Britain's Prince William and his wife Catherine, Duchess of Cambridge appear with their baby son, outside the Lindo Wing of St Mary's Hospital, in central London" border="0" /></a>By Andrew Osborn LONDON (Reuters) - The birth of Britain's Prince George has reopened a rift among those campaigning for Scotland to vote for independence next year, playing into the hands of those who want it to retain its 306-year union with England. The "Yes Scotland" campaign says it wants to win a referendum on independence in 2014 and for the country to become fully independent by 2016, shaking off centuries of what it regards as oppressive rule from London. ...</p><br clear="all"/>http://news.yahoo.com/newest-royal-heir-stirs-scottish-independence-debate-164300472.htmlSun, 28 Jul 2013 12:43:00 -0400newest-royal-heir-stirs-scottish-independence-debate-164300472<p><a href="http://news.yahoo.com/newest-royal-heir-stirs-scottish-independence-debate-164300472.html"><img src="http://l2.yimg.com/bt/api/res/1.2/qxUmpvqbxOmUDXPFuUnYFA--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2013-07-28T164300Z_1_CBRE96R1AFW00_RTROPTP_2_BRITAIN-ROYAL.JPG" width="130" height="86" alt="Britain's Prince William and his wife Catherine, Duchess of Cambridge appear with their baby son, outside the Lindo Wing of St Mary's Hospital, in central London" align="left" title="Britain's Prince William and his wife Catherine, Duchess of Cambridge appear with their baby son, outside the Lindo Wing of St Mary's Hospital, in central London" border="0" /></a>By Andrew Osborn LONDON (Reuters) - The birth of Britain's Prince George has reopened a rift among those campaigning for Scotland to vote for independence next year, playing into the hands of those who want it to retain its 306-year union with England. The "Yes Scotland" campaign says it wants to win a referendum on independence in 2014 and for the country to become fully independent by 2016, shaking off centuries of what it regards as oppressive rule from London. ...</p><br clear="all"/>Twitter faces calls in Britain to get tough on online abuse<p><a href="http://news.yahoo.com/twitter-faces-calls-britain-tough-online-abuse-143516247.html"><img src="http://l2.yimg.com/bt/api/res/1.2/9Em5r9UymPWLdJJCgY4EHA--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2013-07-28T143516Z_1_CBRE96R14IY00_RTROPTP_2_FRANCE.JPG" width="130" height="86" alt="An illustration picture shows the logo of the Website Twitter on an Ipad, in Bordeaux" align="left" title="An illustration picture shows the logo of the Website Twitter on an Ipad, in Bordeaux" border="0" /></a>LONDON (Reuters) - Twitter, the social media site, is under pressure in Britain to make it easier for Internet users to report abuse after more than 30,000 people petitioned it over the case of a feminist campaigner who says she was repeatedly threatened with rape. Caroline Criado-Perez helped lobby the Bank of England to make a woman, 19th century novelist Jane Austen, the new face on the country's 10 pound note, to defuse criticism that women were under-represented on the currency. ...</p><br clear="all"/>http://news.yahoo.com/twitter-faces-calls-britain-tough-online-abuse-143516247.htmlSun, 28 Jul 2013 10:35:16 -0400twitter-faces-calls-britain-tough-online-abuse-143516247<p><a href="http://news.yahoo.com/twitter-faces-calls-britain-tough-online-abuse-143516247.html"><img src="http://l2.yimg.com/bt/api/res/1.2/9Em5r9UymPWLdJJCgY4EHA--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2013-07-28T143516Z_1_CBRE96R14IY00_RTROPTP_2_FRANCE.JPG" width="130" height="86" alt="An illustration picture shows the logo of the Website Twitter on an Ipad, in Bordeaux" align="left" title="An illustration picture shows the logo of the Website Twitter on an Ipad, in Bordeaux" border="0" /></a>LONDON (Reuters) - Twitter, the social media site, is under pressure in Britain to make it easier for Internet users to report abuse after more than 30,000 people petitioned it over the case of a feminist campaigner who says she was repeatedly threatened with rape. Caroline Criado-Perez helped lobby the Bank of England to make a woman, 19th century novelist Jane Austen, the new face on the country's 10 pound note, to defuse criticism that women were under-represented on the currency. ...</p><br clear="all"/>UK help to buy scheme risks housing bubble, says business minister<p><a href="http://news.yahoo.com/uk-help-buy-scheme-risks-housing-bubble-says-135156837.html"><img src="http://l3.yimg.com/bt/api/res/1.2/NfNawWw9tOPTKFEG5vP3dw--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2013-07-28T135156Z_1_CBRE96R12IO00_RTROPTP_2_BRITAIN.JPG" width="130" height="86" alt="Britain's Business Secretary Vince Cable holds on to his hat as he arrives to attend a Cabinet meeting at Number 10 Downing Street in London" align="left" title="Britain's Business Secretary Vince Cable holds on to his hat as he arrives to attend a Cabinet meeting at Number 10 Downing Street in London" border="0" /></a>LONDON (Reuters) - A flagship scheme to help British housebuyers could fuel property price inflation, the business minister said on Sunday, in the latest clash over policy between the two parties in the country's governing coalition. "I am worried of the danger of getting into another housing bubble," Business Secretary Vince Cable told BBC television's Andrew Marr Show of a proposed extension of the Help to Buy scheme of government-backed home loans designed to revive the housing market. ...</p><br clear="all"/>http://news.yahoo.com/uk-help-buy-scheme-risks-housing-bubble-says-135156837.htmlSun, 28 Jul 2013 09:51:56 -0400uk-help-buy-scheme-risks-housing-bubble-says-135156837<p><a href="http://news.yahoo.com/uk-help-buy-scheme-risks-housing-bubble-says-135156837.html"><img src="http://l3.yimg.com/bt/api/res/1.2/NfNawWw9tOPTKFEG5vP3dw--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2013-07-28T135156Z_1_CBRE96R12IO00_RTROPTP_2_BRITAIN.JPG" width="130" height="86" alt="Britain's Business Secretary Vince Cable holds on to his hat as he arrives to attend a Cabinet meeting at Number 10 Downing Street in London" align="left" title="Britain's Business Secretary Vince Cable holds on to his hat as he arrives to attend a Cabinet meeting at Number 10 Downing Street in London" border="0" /></a>LONDON (Reuters) - A flagship scheme to help British housebuyers could fuel property price inflation, the business minister said on Sunday, in the latest clash over policy between the two parties in the country's governing coalition. "I am worried of the danger of getting into another housing bubble," Business Secretary Vince Cable told BBC television's Andrew Marr Show of a proposed extension of the Help to Buy scheme of government-backed home loans designed to revive the housing market. ...</p><br clear="all"/>Unilever to ditch PwC after 26 years to comply with new UK auditor ruleBy Huw Jones LONDON (Reuters) - Unilever is looking for a new auditor, after 26 years with PwC, to comply with a new rule, prompted by questions over why accountants gave banks a clean bill of health just weeks before they were rescued by taxpayers in the 2008 financial crisis. Britain's Financial Reporting Council (FRC) said last year that companies should consider changing their auditor at least every decade in order to end cosy long-term relationships. Only a few blue-chip companies have taken any action so far. ...http://news.yahoo.com/unilever-ditch-pwc-26-years-comply-uk-auditor-012020073.htmlFri, 26 Jul 2013 21:20:20 -0400unilever-ditch-pwc-26-years-comply-uk-auditor-012020073Britain's EU ambassador is surprise pick for Bank of England role<p><a href="http://news.yahoo.com/uk-selects-eu-ambassador-next-bank-england-deputy-132354479.html"><img src="http://l.yimg.com/bt/api/res/1.2/9PHp9G7ExfbWQFEmpdxrjQ--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2013-07-26T132354Z_1_CBRE96P118000_RTROPTP_2_BANKS-BOE.JPG" width="130" height="86" alt="The Bank of England building is seen in central London" align="left" title="The Bank of England building is seen in central London" border="0" /></a>By David Milliken LONDON (Reuters) - Britain unexpectedly named its ambassador to the EU as the Bank of England's next deputy governor for financial stability on Friday, moving to protect its financial sector on the international stage. Jon Cunliffe, 60, is a career civil servant who led British negotiators at G8 and G20 meetings during the financial crisis, and since January 2012 he has been Britain's top representative in Brussels. He will start at the BoE on November 1. ...</p><br clear="all"/>http://news.yahoo.com/uk-selects-eu-ambassador-next-bank-england-deputy-132354479.htmlFri, 26 Jul 2013 13:06:20 -0400uk-selects-eu-ambassador-next-bank-england-deputy-132354479<p><a href="http://news.yahoo.com/uk-selects-eu-ambassador-next-bank-england-deputy-132354479.html"><img src="http://l.yimg.com/bt/api/res/1.2/9PHp9G7ExfbWQFEmpdxrjQ--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2013-07-26T132354Z_1_CBRE96P118000_RTROPTP_2_BANKS-BOE.JPG" width="130" height="86" alt="The Bank of England building is seen in central London" align="left" title="The Bank of England building is seen in central London" border="0" /></a>By David Milliken LONDON (Reuters) - Britain unexpectedly named its ambassador to the EU as the Bank of England's next deputy governor for financial stability on Friday, moving to protect its financial sector on the international stage. Jon Cunliffe, 60, is a career civil servant who led British negotiators at G8 and G20 meetings during the financial crisis, and since January 2012 he has been Britain's top representative in Brussels. He will start at the BoE on November 1. ...</p><br clear="all"/>Anglican leader admits gaffe on 'payday' lenders, renews attack<p><a href="http://news.yahoo.com/church-england-admits-investing-backer-payday-lender-054532623.html"><img src="http://l3.yimg.com/bt/api/res/1.2/G_atawv7bJg31mYSYiroWw--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2013-07-26T163003Z_3_CBRE96O0U8600_RTROPTP_2_BRITAIN-RELIGION-ANGLICANS.JPG" width="130" height="86" alt="The new Archbishop of Canterbury Justin Welby leaves after his enthronement ceremony at Canterbury Cathedral, in Canterbury, southern England" align="left" title="The new Archbishop of Canterbury Justin Welby leaves after his enthronement ceremony at Canterbury Cathedral, in Canterbury, southern England" border="0" /></a>By Adam Jourdan LONDON (Reuters) - The head of the Church of England said on Friday he was embarrassed to find out that his organisation had invested indirectly in a short-term loan company which he had vowed only days earlier to drive out of business. The discovery of the relatively small investment was a major setback for Archbishop of Canterbury Justin Welby, after he launched a scathing attack on "payday" lenders who charge high interest rates on short-term loans that are typically repaid when borrowers receive their wages. ...</p><br clear="all"/>http://news.yahoo.com/church-england-admits-investing-backer-payday-lender-054532623.htmlFri, 26 Jul 2013 12:30:03 -0400church-england-admits-investing-backer-payday-lender-054532623<p><a href="http://news.yahoo.com/church-england-admits-investing-backer-payday-lender-054532623.html"><img src="http://l3.yimg.com/bt/api/res/1.2/G_atawv7bJg31mYSYiroWw--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2013-07-26T163003Z_3_CBRE96O0U8600_RTROPTP_2_BRITAIN-RELIGION-ANGLICANS.JPG" width="130" height="86" alt="The new Archbishop of Canterbury Justin Welby leaves after his enthronement ceremony at Canterbury Cathedral, in Canterbury, southern England" align="left" title="The new Archbishop of Canterbury Justin Welby leaves after his enthronement ceremony at Canterbury Cathedral, in Canterbury, southern England" border="0" /></a>By Adam Jourdan LONDON (Reuters) - The head of the Church of England said on Friday he was embarrassed to find out that his organisation had invested indirectly in a short-term loan company which he had vowed only days earlier to drive out of business. The discovery of the relatively small investment was a major setback for Archbishop of Canterbury Justin Welby, after he launched a scathing attack on "payday" lenders who charge high interest rates on short-term loans that are typically repaid when borrowers receive their wages. ...</p><br clear="all"/>Ultra-low yields suggest London property crash around the corner<p><a href="http://news.yahoo.com/ultra-low-yields-suggest-london-property-crash-around-155354589.html"><img src="http://l3.yimg.com/bt/api/res/1.2/QqAmL2PI5RB1ccttcrdRMw--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2013-07-26T155614Z_1_CBRE96P189S00_RTROPTP_2_PROPERTY-RETAIL.JPG" width="130" height="86" alt="Border between Old Bond Street and New Bond Street is seen in London" align="left" title="Border between Old Bond Street and New Bond Street is seen in London" border="0" /></a>By Tom Bill LONDON (Reuters) - Voracious investor demand for the best London real estate is approaching record levels that could trigger a price crash in popular areas such as upmarket Bond Street, property experts said this week. The luxury shopping strip that is home to Prada, Louis Vuitton and Cartier has ultra-low yields that mark it out as the most in-demand stretch of real estate in Europe. The price of commercial property is dictated by the yield, which is the annual rent expressed as a percentage of a property's value. ...</p><br clear="all"/>http://news.yahoo.com/ultra-low-yields-suggest-london-property-crash-around-155354589.htmlFri, 26 Jul 2013 11:56:14 -0400ultra-low-yields-suggest-london-property-crash-around-155354589<p><a href="http://news.yahoo.com/ultra-low-yields-suggest-london-property-crash-around-155354589.html"><img src="http://l3.yimg.com/bt/api/res/1.2/QqAmL2PI5RB1ccttcrdRMw--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2013-07-26T155614Z_1_CBRE96P189S00_RTROPTP_2_PROPERTY-RETAIL.JPG" width="130" height="86" alt="Border between Old Bond Street and New Bond Street is seen in London" align="left" title="Border between Old Bond Street and New Bond Street is seen in London" border="0" /></a>By Tom Bill LONDON (Reuters) - Voracious investor demand for the best London real estate is approaching record levels that could trigger a price crash in popular areas such as upmarket Bond Street, property experts said this week. The luxury shopping strip that is home to Prada, Louis Vuitton and Cartier has ultra-low yields that mark it out as the most in-demand stretch of real estate in Europe. The price of commercial property is dictated by the yield, which is the annual rent expressed as a percentage of a property's value. ...</p><br clear="all"/>John Lewis Partnership names Waitrose's Price as deputy chairLONDON (Reuters) - John Lewis Partnership Britain's biggest department store group, on Friday appointed Waitrose managing director Mark Price as its new deputy chairman. Price will continue as managing director of the upmarket grocer, which is part of the employee-owned John Lewis Partnership, and one of Britain's fastest growing grocers, the company said. John Lewis has traditionally been seen as a bellwether retailer and has outperformed the wider market for about three years. ...http://news.yahoo.com/john-lewis-partnership-names-waitroses-price-deputy-chair-111435061.htmlFri, 26 Jul 2013 07:14:35 -0400john-lewis-partnership-names-waitroses-price-deputy-chair-111435061UK statistics office corrects first-quarter business investment dataLONDON (Reuters) - Britain's Office for National Statistics said on Friday that it had miscalculated changes in business investment in the first three months of this year, leading to the annual decline being overstated by a factor of three. Business investment in the first three months of 2013 was 5.5 percent lower than a year earlier, not 16.5 percent lower as reported on June 27, making the fall the sharpest since Q1 2011 rather than since Q3 2009. The ONS also corrected the fall on the quarter to 1.2 percent, again lower than the 1.9 percent as earlier reported. ...http://news.yahoo.com/uk-statistics-office-corrects-first-quarter-business-investment-105915827.htmlFri, 26 Jul 2013 06:59:15 -0400uk-statistics-office-corrects-first-quarter-business-investment-105915827BSkyB to upgrade set-top boxes and content to fend off BT<p><a href="http://news.yahoo.com/bskyb-upgrade-set-top-boxes-content-fend-off-105358636.html"><img src="http://l2.yimg.com/bt/api/res/1.2/aFErDuB_mI7GNOxYx3QujQ--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2013-07-26T121610Z_1_CBRE96P0Y2Z00_RTROPTP_2_BREAKINGVIEWS-BSKYB.JPG" width="130" height="86" alt="Satellite dishes are seen on the side of a block of flats in south London" align="left" title="Satellite dishes are seen on the side of a block of flats in south London" border="0" /></a>By Kate Holton LONDON (Reuters) - BSkyB plans to provide more and cheaper ways to access its premium content and Internet services to counter cash-rich rival BT's offer of free Premier League football to broadband customers. The group, which has dominated pay-TV in Britain since Rupert Murdoch launched it in 1989 and reaches 10 million homes, said it would invest about 70 million pounds in the next financial year to improve on-demand programming and connectivity. ...</p><br clear="all"/>http://news.yahoo.com/bskyb-upgrade-set-top-boxes-content-fend-off-105358636.htmlFri, 26 Jul 2013 06:53:58 -0400bskyb-upgrade-set-top-boxes-content-fend-off-105358636<p><a href="http://news.yahoo.com/bskyb-upgrade-set-top-boxes-content-fend-off-105358636.html"><img src="http://l2.yimg.com/bt/api/res/1.2/aFErDuB_mI7GNOxYx3QujQ--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2013-07-26T121610Z_1_CBRE96P0Y2Z00_RTROPTP_2_BREAKINGVIEWS-BSKYB.JPG" width="130" height="86" alt="Satellite dishes are seen on the side of a block of flats in south London" align="left" title="Satellite dishes are seen on the side of a block of flats in south London" border="0" /></a>By Kate Holton LONDON (Reuters) - BSkyB plans to provide more and cheaper ways to access its premium content and Internet services to counter cash-rich rival BT's offer of free Premier League football to broadband customers. The group, which has dominated pay-TV in Britain since Rupert Murdoch launched it in 1989 and reaches 10 million homes, said it would invest about 70 million pounds in the next financial year to improve on-demand programming and connectivity. ...</p><br clear="all"/>Church of England admits investing in backer of payday lender<p><a href="http://news.yahoo.com/church-england-seeks-put-end-payday-lenders-105250197.html"><img src="http://l3.yimg.com/bt/api/res/1.2/2HgUJWZd_kR1xvL4bK6arg--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2013-07-25T223353Z_1_CBRE96O0U8600_RTROPTP_2_BRITAIN-RELIGION-ANGLICANS.JPG" width="130" height="86" alt="The new Archbishop of Canterbury Justin Welby leaves after his enthronement ceremony at Canterbury Cathedral, in Canterbury, southern England" align="left" title="The new Archbishop of Canterbury Justin Welby leaves after his enthronement ceremony at Canterbury Cathedral, in Canterbury, southern England" border="0" /></a>LONDON (Reuters) - The Church of England confirmed on Thursday that its pension fund invests in Accel Partners, the U.S.-based venture capital firm that led fundraising in 2009 for Wonga, a payday lender. The Financial Times newspaper reported the investment a day after Archbishop of Canterbury Justin Welby said that the church would seek to drive payday lenders, such as Wonga, out of business by launching its own credit unions. Payday lenders have been criticized for trapping borrowers in a cycle of debt. ...</p><br clear="all"/>http://news.yahoo.com/church-england-seeks-put-end-payday-lenders-105250197.htmlThu, 25 Jul 2013 18:33:53 -0400church-england-seeks-put-end-payday-lenders-105250197<p><a href="http://news.yahoo.com/church-england-seeks-put-end-payday-lenders-105250197.html"><img src="http://l3.yimg.com/bt/api/res/1.2/2HgUJWZd_kR1xvL4bK6arg--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2013-07-25T223353Z_1_CBRE96O0U8600_RTROPTP_2_BRITAIN-RELIGION-ANGLICANS.JPG" width="130" height="86" alt="The new Archbishop of Canterbury Justin Welby leaves after his enthronement ceremony at Canterbury Cathedral, in Canterbury, southern England" align="left" title="The new Archbishop of Canterbury Justin Welby leaves after his enthronement ceremony at Canterbury Cathedral, in Canterbury, southern England" border="0" /></a>LONDON (Reuters) - The Church of England confirmed on Thursday that its pension fund invests in Accel Partners, the U.S.-based venture capital firm that led fundraising in 2009 for Wonga, a payday lender. The Financial Times newspaper reported the investment a day after Archbishop of Canterbury Justin Welby said that the church would seek to drive payday lenders, such as Wonga, out of business by launching its own credit unions. Payday lenders have been criticized for trapping borrowers in a cycle of debt. ...</p><br clear="all"/>UK's Stanlow refinery to do major turnaround from mid-SeptemberLONDON (Reuters) - Essar plans to do its major turnaround and partial refurbishment at the 296,000 barrel per day Stanlow refinery in BrirIN from around mid-September to mid-October, traders said. Essar announced the plan earlier this year but had not specified the timing. A catalytic cracker will be refurbished during this period at a cost of around $35 million. A spokesman for the company declined to comment on the timing of the turnaround. (Reporting by Julia Payne; editing by Jane Baird)http://news.yahoo.com/uks-stanlow-refinery-major-turnaround-mid-september-172757805.htmlThu, 25 Jul 2013 13:27:57 -0400uks-stanlow-refinery-major-turnaround-mid-september-172757805Royal baby, sporting triumphs - even Britain's economy looking up<p><a href="http://news.yahoo.com/uk-economy-seen-doubling-pace-growth-second-quarter-012409635.html"><img src="http://l.yimg.com/bt/api/res/1.2/7sm6CybUBUswno45rN4AeA--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2013-07-25T170638Z_3_CBRE96O03WH00_RTROPTP_2_BRITAIN-GDP.JPG" width="130" height="86" alt="Construction workers erect scaffolding in the financial district of the City of London" align="left" title="Construction workers erect scaffolding in the financial district of the City of London" border="0" /></a>By William Schomberg and James Davey LONDON (Reuters) - Britain's recovery from financial crisis sped up and spread through the economy in the second quarter, giving a boost to the government and to a swathe of companies which increased sales and profits. The pace of quarterly economic growth doubled to 0.6 percent between April and June, a contrast with worries just a few months ago about a return to recession. ...</p><br clear="all"/>http://news.yahoo.com/uk-economy-seen-doubling-pace-growth-second-quarter-012409635.htmlThu, 25 Jul 2013 13:06:38 -0400uk-economy-seen-doubling-pace-growth-second-quarter-012409635<p><a href="http://news.yahoo.com/uk-economy-seen-doubling-pace-growth-second-quarter-012409635.html"><img src="http://l.yimg.com/bt/api/res/1.2/7sm6CybUBUswno45rN4AeA--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2013-07-25T170638Z_3_CBRE96O03WH00_RTROPTP_2_BRITAIN-GDP.JPG" width="130" height="86" alt="Construction workers erect scaffolding in the financial district of the City of London" align="left" title="Construction workers erect scaffolding in the financial district of the City of London" border="0" /></a>By William Schomberg and James Davey LONDON (Reuters) - Britain's recovery from financial crisis sped up and spread through the economy in the second quarter, giving a boost to the government and to a swathe of companies which increased sales and profits. The pace of quarterly economic growth doubled to 0.6 percent between April and June, a contrast with worries just a few months ago about a return to recession. ...</p><br clear="all"/>Crackdown on insurance fraud exposes 1 billion pounds of bogus claimsLONDON (Reuters) - Efforts by the insurance industry to crack down on fraud have pushed the level of fraudulent claims uncovered in Britain over 1 billion pounds per year for the first time, new figures show. According to industry body the Association of British Insurers (ABI), investigators exposed more than 124,000 bogus or exaggerated claims in 2012, worth 1.1 billion pounds, or 21 million pounds every week. Home insurance frauds were the most common scam, with 51,000 cases uncovered, while motor insurance was the most costly, amounting to 614 million pounds of fraudulent claims uncovered. ...http://news.yahoo.com/crackdown-insurance-fraud-exposes-1-billion-pounds-bogus-151511215.htmlThu, 25 Jul 2013 11:15:11 -0400crackdown-insurance-fraud-exposes-1-billion-pounds-bogus-151511215William and Kate name new royal heir George<p><a href="http://news.yahoo.com/william-kate-name-royal-heir-george-150216977.html"><img src="http://l.yimg.com/bt/api/res/1.2/qtAPXDbZknscDN7NXW1Pog--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2013-07-25T150216Z_4_CBRE96N0ISM00_RTROPTP_2_BRITAIN-ROYAL.JPG" width="130" height="86" alt="Catherine, Duchess of Cambridge holds her baby son while appearing with her husband, Britain's Prince William, outside the Lindo Wing of St Mary's Hospital in central London" align="left" title="Catherine, Duchess of Cambridge holds her baby son while appearing with her husband, Britain's Prince William, outside the Lindo Wing of St Mary's Hospital in central London" border="0" /></a>By Costas Pitas LONDON (Reuters) - Prince William and his wife Kate have chosen three traditional royal names by calling their new-born baby boy George Alexander Louis, William's office said on Wednesday. The baby, born on Monday to global media frenzy and third in line to the British throne, will be known as His Royal Highness Prince George of Cambridge, Kensington Palace said in a statement. ...</p><br clear="all"/>http://news.yahoo.com/william-kate-name-royal-heir-george-150216977.htmlThu, 25 Jul 2013 11:02:16 -0400william-kate-name-royal-heir-george-150216977<p><a href="http://news.yahoo.com/william-kate-name-royal-heir-george-150216977.html"><img src="http://l.yimg.com/bt/api/res/1.2/qtAPXDbZknscDN7NXW1Pog--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2013-07-25T150216Z_4_CBRE96N0ISM00_RTROPTP_2_BRITAIN-ROYAL.JPG" width="130" height="86" alt="Catherine, Duchess of Cambridge holds her baby son while appearing with her husband, Britain's Prince William, outside the Lindo Wing of St Mary's Hospital in central London" align="left" title="Catherine, Duchess of Cambridge holds her baby son while appearing with her husband, Britain's Prince William, outside the Lindo Wing of St Mary's Hospital in central London" border="0" /></a>By Costas Pitas LONDON (Reuters) - Prince William and his wife Kate have chosen three traditional royal names by calling their new-born baby boy George Alexander Louis, William's office said on Wednesday. The baby, born on Monday to global media frenzy and third in line to the British throne, will be known as His Royal Highness Prince George of Cambridge, Kensington Palace said in a statement. ...</p><br clear="all"/>Tourist visa hurdles cost UK millions - reportBy Mark Anderson LONDON (Reuters) - London's West End lost nearly 200 million euros (172.50 million pounds) in retail revenue last year due to tough visa requirements keeping Chinese tourists away, a report by tax-free shopping facilitator Global Blue said on Wednesday. Harrods' managing director Michael Ward said in the report that Chinese tourists were the luxury department store's most important customers, and that Britain's current visa arrangement was "narrow-minded". ...http://news.yahoo.com/tourist-visa-hurdles-cost-uk-millions-report-132704358.htmlThu, 25 Jul 2013 09:27:04 -0400tourist-visa-hurdles-cost-uk-millions-report-132704358Economic recovery slow to take root for some in UK<p><a href="http://news.yahoo.com/economic-recovery-slow-root-uk-112118130.html"><img src="http://l1.yimg.com/bt/api/res/1.2/phuHRtT6bBV3UdPdIYvupA--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2013-07-25T112417Z_1_CBRE96O0VOK00_RTROPTP_2_BRITAIN-ECONOMY-RECOVERY.JPG" width="130" height="86" alt="A woman has a manicure at Total Look on the High Street in Hucknall" align="left" title="A woman has a manicure at Total Look on the High Street in Hucknall" border="0" /></a>By William Schomberg and Max De Haldevang HUCKNALL, England (Reuters) - Britain's fledgling economic recovery is reaching at least some people in this former mining town in the country's Midlands. Three builders, enjoying a lunchtime round of beers, said they have a hefty backlog for the first time since the financial crisis plunged Britain into a deep recession five years ago. They are not alone. The builders offered some work to a long-unemployed joiner but, to their surprise, he was booked for the next three weeks. ...</p><br clear="all"/>http://news.yahoo.com/economic-recovery-slow-root-uk-112118130.htmlThu, 25 Jul 2013 07:21:18 -0400economic-recovery-slow-root-uk-112118130<p><a href="http://news.yahoo.com/economic-recovery-slow-root-uk-112118130.html"><img src="http://l1.yimg.com/bt/api/res/1.2/phuHRtT6bBV3UdPdIYvupA--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2013-07-25T112417Z_1_CBRE96O0VOK00_RTROPTP_2_BRITAIN-ECONOMY-RECOVERY.JPG" width="130" height="86" alt="A woman has a manicure at Total Look on the High Street in Hucknall" align="left" title="A woman has a manicure at Total Look on the High Street in Hucknall" border="0" /></a>By William Schomberg and Max De Haldevang HUCKNALL, England (Reuters) - Britain's fledgling economic recovery is reaching at least some people in this former mining town in the country's Midlands. Three builders, enjoying a lunchtime round of beers, said they have a hefty backlog for the first time since the financial crisis plunged Britain into a deep recession five years ago. They are not alone. The builders offered some work to a long-unemployed joiner but, to their surprise, he was booked for the next three weeks. ...</p><br clear="all"/>Church of England seeks to put an end to payday lenders<p><a href="http://news.yahoo.com/church-england-seeks-put-end-payday-lenders-105154688.html"><img src="http://l3.yimg.com/bt/api/res/1.2/b3ECIWvoOgt6NkYIXfeJdQ--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2013-07-25T105154Z_1_CBRE96O0U6O00_RTROPTP_2_BRITAIN-RELIGION-ANGLICANS.JPG" width="130" height="86" alt="The new Archbishop of Canterbury Justin Welby leaves after his enthronement ceremony at Canterbury Cathedral, in Canterbury, southern England" align="left" title="The new Archbishop of Canterbury Justin Welby leaves after his enthronement ceremony at Canterbury Cathedral, in Canterbury, southern England" border="0" /></a>LONDON (Reuters) - The Church of England will seek to drive Britain's controversial payday lenders out of business by launching its own credit unions, Archbishop of Canterbury Justin Welby said in an interview published late on Wednesday. Welby, who has led the church since March, is among leading critics of firms like short-term lender Wonga and Provident Financial, which typically provide hard-up families with loans of up to 1000 pounds to be repaid when they receive weekly or monthly wages. ...</p><br clear="all"/>http://news.yahoo.com/church-england-seeks-put-end-payday-lenders-105154688.htmlThu, 25 Jul 2013 06:51:54 -0400church-england-seeks-put-end-payday-lenders-105154688<p><a href="http://news.yahoo.com/church-england-seeks-put-end-payday-lenders-105154688.html"><img src="http://l3.yimg.com/bt/api/res/1.2/b3ECIWvoOgt6NkYIXfeJdQ--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2013-07-25T105154Z_1_CBRE96O0U6O00_RTROPTP_2_BRITAIN-RELIGION-ANGLICANS.JPG" width="130" height="86" alt="The new Archbishop of Canterbury Justin Welby leaves after his enthronement ceremony at Canterbury Cathedral, in Canterbury, southern England" align="left" title="The new Archbishop of Canterbury Justin Welby leaves after his enthronement ceremony at Canterbury Cathedral, in Canterbury, southern England" border="0" /></a>LONDON (Reuters) - The Church of England will seek to drive Britain's controversial payday lenders out of business by launching its own credit unions, Archbishop of Canterbury Justin Welby said in an interview published late on Wednesday. Welby, who has led the church since March, is among leading critics of firms like short-term lender Wonga and Provident Financial, which typically provide hard-up families with loans of up to 1000 pounds to be repaid when they receive weekly or monthly wages. ...</p><br clear="all"/>Pension funds cannot jump creditor queue in bankruptcy - courtBy Sarah Mortimer LONDON (Reuters) - Pension scheme members cannot jump ahead of other creditors when a company or bank goes bust, the Supreme Court said on Wednesday in a landmark ruling that clarifies the ranking of creditors in an insolvency. The ruling was the result of a case brought by the administrators of the UK divisions of investment bank Lehman Brothers and Canadian telecoms company Nortel, which filed for bankruptcy protection in 2008 and 2009 respectively. ...http://news.yahoo.com/pension-funds-cannot-jump-creditor-queue-bankruptcy-court-011520289.htmlWed, 24 Jul 2013 21:16:25 -0400pension-funds-cannot-jump-creditor-queue-bankruptcy-court-011520289UK committee, investor body pushes City reform agendaBy Chris Vellacott LONDON (Reuters) - Separate groups of MPs and investors have set out ideas for a revamp of corporate governance standards in Britain, a year after a government-backed review criticised the short-termist culture of the City of London. A report by parliament's Business, Innovation and Skills Committee (BISC) published on Thursday called on the government to push the financial industry harder to adopt a set of recommendations mooted by economist John Kay last July. ...http://news.yahoo.com/uk-committee-investor-body-pushes-city-reform-agenda-010636429.htmlWed, 24 Jul 2013 21:06:36 -0400uk-committee-investor-body-pushes-city-reform-agenda-010636429
Chad Phelps and Courtney Phelps, in a photo from the Colonial Hills Baptist Church website.
By Alastair Jamieson and Tracy Jarrett, NBC News
A youth pastor, his wife, who was eight months pregnant and a third person were killed after a bus returning from a church summer camp crashed off an Indianapolis interstate.
A total of 19 people were hurt in the accident?Saturday afternoon, but health officials said early Monday that a teenager who was critically injured was now in "good condition."
Thirty-seven passengers were on the bus when it overturned just a mile from the Colonial Hills Baptist Church, where the bus was headed, according to The Associated Press.
As an Indiana community grieves following a bus crash that killed three and injured 26, investigators are trying to determine what caused the driver to lose control and hurtle into a roadside barrier. NBC's John Yang reports.
On Sunday, church deacon Jeff Leffew identified the deceased as youth pastor Chad Phelps and his wife, Courtney, who was eight months pregnant. Both were in their mid-20s, Leffew said.
The third victim was identified as Tonya Weindorf, 51, he said. Weindorf had taken her son, who has special needs, to the church camp.
According to Leffew, the Phelps' 2-year-old son was briefly held at a hospital before being released. Weindorf?s son remains among the hospitalized, the church deacon said Sunday.
Leffew, 44, of Fishers, Ind., who had sent four daughters to the camp, said the children on the bus "saw some difficult things" that they'd never had to experience before. "Their biggest pain is what they saw," he told The AP
"All these folks are special to us as members here, as friends. Our church grieves now," he told NBC station WTHR. "They're with God in heaven. We know that without a doubt, but we grieve the fact they're not here with us. We miss them. We ask for your prayer and support. We ask for your respect for the families that have lost loved ones."
Witnesses told police that the bus was exiting I-465 and trying to make a left onto southbound Keystone Avenue, WTHR reported. The bus driver later?told a witness that his brakes failed, WTHR said.
IU Health Methodist Hospital said in a statement early Monday that it was treating three teenagers who were in "good condition" after the health of one of them improved. "The patient who was previously in critical condition has been moved out of the intensive care unit and is now in good condition," the hospital said.
Riley Hospital for Children at IU Health was also treating three teenagers in good condition. A fourth patient was treated and released, according to spokeswoman Sally Winter.
At the church, parents were waiting to pick up their children after a weeklong camp when news of the crash spread, sending parents scrambling to the scene.
Driver Duane Lloyd, who witnessed the crash, told WTHR: ?I was going southbound.? Light turned green, and as I went through I heard a skid.
"I stop and I see this bus in the air and people flying out of this bus.? I could have gone my whole life without seeing that.
"People were stopping their cars and getting out and people were literally trying to lift the bus."
Indianapolis Public Safety Director Troy Riggs called the crash a "great tragedy."
"They were not that far from home. ... That only adds to the tragedy," Riggs told The AP at the crash scene.
"Please be in prayer for our church family as we look to the Lord for grace during the teen bus accident today," the church said in a statement posted on Facebook. "Details will be released at a later time, but prayers are our greatest need right now."
Many of the patients had head, arm and leg injuries, fire officials said.?
Rescuers respond at the scene of the bush crash in this handout picture provided by the Indiana Fire Department
This story was originally published on Sun Jul 28, 2013 7:35 AM EDT
Should a woman's ovaries be removed during a hysterectomy for noncancerous disease?Public release date: 25-Jul-2013 [ | E-mail | Share ]
Contact: Vicki Cohn vcohn@liebertpub.com 914-740-2100 Mary Ann Liebert, Inc./Genetic Engineering News
New Rochelle, NY, July 25, 2013While ovary removal during hysterectomy protects against future risk of ovarian cancer, the decision to conserve the ovaries and the hormones they produce may have advantages for preventing heart disease, hip fracture, sexual dysfunction, and cognitive decline. Other than a woman's cancer risk, the most important factor that should determine ovarian conservation vs. removal is her agewhether she is older or younger than 50according to a Review article published in Journal of Women's Health, a peer-reviewed publication from Mary Ann Liebert, Inc., publishers. The article is available free on the Journal of Women's Health website at http://www.liebertpub.com/jwh.
Catherine Matthews, MD, University of North Carolina, Chapel Hill, emphasizes the difficult choice women must often make in the article "A Critical Evaluation of the Evidence for Ovarian Conservation Versus Removal at the Time of Hysterectomy for Benign Disease."
Conflicting data regarding the potential benefits of removing a woman's healthy ovaries at the time of a hysterectomy have led to confusion. When there is no acute reason to remove a woman's ovaries at the time of hysterectomy and she has no increased genetic risk for ovarian cancer, the accumulated data indicate that elective bilateral ovary removal should be discouraged in women younger than 50 years. The withdrawal of ovarian hormones can have negative health consequences in this population. However, in postmenopausal women, it is advisable to remove the ovaries to protect against ovarian cancer, as the medical literature shows that elective ovary removal is not likely to have an adverse effect on heart disease, hip fracture, sexual dysfunction, or cognitive function at this stage of a woman's life.
"As 600,000 hysterectomies for benign disease are performed annually in the U.S. alone, it is imperative that we have clear guidelines for retaining versus removing normal ovaries," says Susan G. Kornstein, MD, Editor-in-Chief of Journal of Women's Health, Executive Director of the Virginia Commonwealth University Institute for Women's Health, Richmond, VA, and President of the Academy of Women's Health.
###
About the Journal
Journal of Women's Health, published monthly, is a core multidisciplinary journal dedicated to the diseases and conditions that hold greater risk for or are more prevalent among women, as well as diseases that present differently in women. The Journal covers the latest advances and clinical applications of new diagnostic procedures and therapeutic protocols for the prevention and management of women's healthcare issues. Complete tables of content and a sample issue may be viewed on the Journal of Women's Health website at http://www.liebertpub.com/jwh. Journal of Women's Health is the Official Journal of the Academy of Women's Health and the Society for Women's Health Research.
About the Academy
Academy of Women's Health is an interdisciplinary, international association of physicians, nurses, and other health professionals who work across the broad field of women's health, providing its members with up-to-date advances and options in clinical care that will enable the best outcomes for their women patients. The Academy's focus includes the dissemination of translational research and evidence-based practices for disease prevention, diagnosis, and treatment of women across the lifespan.
About the Publisher
Mary Ann Liebert, Inc., publishers is a privately held, fully integrated media company known for establishing authoritative peer-reviewed journals in many promising areas of science and biomedical research, including Population Health Management, Thyroid, Metabolic Syndrome and Related Disorders, and Breastfeeding Medicine. Its biotechnology trade magazine, Genetic Engineering & Biotechnology News (GEN), was the first in its field and is today the industry's most widely read publication worldwide. A complete list of the firm's 70 journals, books, and newsmagazines is available on the Mary Ann Liebert, Inc., publishers website at http://www.liebertpub.com.
Mary Ann Liebert, Inc. 140 Huguenot Street, New Rochelle, NY 10801 http://www.liebertpub.com
Phone: (914) 740-2100 (800) M-LIEBERT Fax (914) 740-2101
[ | E-mail | Share ]
?
AAAS and EurekAlert! are not responsible for the accuracy of news releases posted to EurekAlert! by contributing institutions or for the use of any information through the EurekAlert! system.
Should a woman's ovaries be removed during a hysterectomy for noncancerous disease?Public release date: 25-Jul-2013 [ | E-mail | Share ]
Contact: Vicki Cohn vcohn@liebertpub.com 914-740-2100 Mary Ann Liebert, Inc./Genetic Engineering News
New Rochelle, NY, July 25, 2013While ovary removal during hysterectomy protects against future risk of ovarian cancer, the decision to conserve the ovaries and the hormones they produce may have advantages for preventing heart disease, hip fracture, sexual dysfunction, and cognitive decline. Other than a woman's cancer risk, the most important factor that should determine ovarian conservation vs. removal is her agewhether she is older or younger than 50according to a Review article published in Journal of Women's Health, a peer-reviewed publication from Mary Ann Liebert, Inc., publishers. The article is available free on the Journal of Women's Health website at http://www.liebertpub.com/jwh.
Catherine Matthews, MD, University of North Carolina, Chapel Hill, emphasizes the difficult choice women must often make in the article "A Critical Evaluation of the Evidence for Ovarian Conservation Versus Removal at the Time of Hysterectomy for Benign Disease."
Conflicting data regarding the potential benefits of removing a woman's healthy ovaries at the time of a hysterectomy have led to confusion. When there is no acute reason to remove a woman's ovaries at the time of hysterectomy and she has no increased genetic risk for ovarian cancer, the accumulated data indicate that elective bilateral ovary removal should be discouraged in women younger than 50 years. The withdrawal of ovarian hormones can have negative health consequences in this population. However, in postmenopausal women, it is advisable to remove the ovaries to protect against ovarian cancer, as the medical literature shows that elective ovary removal is not likely to have an adverse effect on heart disease, hip fracture, sexual dysfunction, or cognitive function at this stage of a woman's life.
"As 600,000 hysterectomies for benign disease are performed annually in the U.S. alone, it is imperative that we have clear guidelines for retaining versus removing normal ovaries," says Susan G. Kornstein, MD, Editor-in-Chief of Journal of Women's Health, Executive Director of the Virginia Commonwealth University Institute for Women's Health, Richmond, VA, and President of the Academy of Women's Health.
###
About the Journal
Journal of Women's Health, published monthly, is a core multidisciplinary journal dedicated to the diseases and conditions that hold greater risk for or are more prevalent among women, as well as diseases that present differently in women. The Journal covers the latest advances and clinical applications of new diagnostic procedures and therapeutic protocols for the prevention and management of women's healthcare issues. Complete tables of content and a sample issue may be viewed on the Journal of Women's Health website at http://www.liebertpub.com/jwh. Journal of Women's Health is the Official Journal of the Academy of Women's Health and the Society for Women's Health Research.
About the Academy
Academy of Women's Health is an interdisciplinary, international association of physicians, nurses, and other health professionals who work across the broad field of women's health, providing its members with up-to-date advances and options in clinical care that will enable the best outcomes for their women patients. The Academy's focus includes the dissemination of translational research and evidence-based practices for disease prevention, diagnosis, and treatment of women across the lifespan.
About the Publisher
Mary Ann Liebert, Inc., publishers is a privately held, fully integrated media company known for establishing authoritative peer-reviewed journals in many promising areas of science and biomedical research, including Population Health Management, Thyroid, Metabolic Syndrome and Related Disorders, and Breastfeeding Medicine. Its biotechnology trade magazine, Genetic Engineering & Biotechnology News (GEN), was the first in its field and is today the industry's most widely read publication worldwide. A complete list of the firm's 70 journals, books, and newsmagazines is available on the Mary Ann Liebert, Inc., publishers website at http://www.liebertpub.com.
Mary Ann Liebert, Inc. 140 Huguenot Street, New Rochelle, NY 10801 http://www.liebertpub.com
Phone: (914) 740-2100 (800) M-LIEBERT Fax (914) 740-2101
[ | E-mail | Share ]
?
AAAS and EurekAlert! are not responsible for the accuracy of news releases posted to EurekAlert! by contributing institutions or for the use of any information through the EurekAlert! system.
Internet2Go writes, Facebook announced?its Q2 2013 revenues a few minutes ago. Overall the company beat analysts' expectations with $1.81 billion in total revenue. Advertising supplied $1.6 billion of that total with payments and fees providing $214 million. The big suprise was mobile, which was responsible for 41% of total ad revenue (or $656 million) -- up from 30% last quarter. Here are the mobile numbers:? read more
Continue reading Facebook Mobile Ad Revs Now 41% of Total at Internet2Go