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Friday, July 19, 2013

Morning Digest: Detroit files for bankruptcy, stage set for court fight

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07/19/2013
Reuters   Election 2012 Daily round-up of the day's top news from the campaign trail, the White House and all the   politics in between
Detroit files for bankruptcy, stage set for court fight
DETROIT (Reuters) - Detroit filed the largest municipal bankruptcy in U.S. history on Thursday, setting the stage for a costly court battle with creditors and opening a new chapter in the long struggle to revive the city that was the cradle of the American auto industry..
Russian opposition leader freed on bail after protests
KIROV, Russia (Reuters) - Russia unexpectedly freed opposition leader Alexei Navalny on bail on Friday, bending to the will of thousands of protesters who denounced his five-year jail sentence as a crude attempt by President Vladimir Putin to silence him..
Shares dip, but set for fourth week of gains
LONDON (Reuters) - World stocks fell back on Friday, but were set for a fourth week of back-to-back gains following generally strong U.S. earnings and assurances from the Federal Reserve about its plans for stimulus withdrawal..
In fickle Emmys, handicapping favors 'Thrones' over 'Horror'
LOS ANGELES (Reuters) - Although "American Horror Story: Asylum" bested HBO's fantasy epic "Game of Thrones" in picking up the most Primetime Emmy nominations on Thursday, the fright-filled FX miniseries could face another tough year at the fickle Emmys..
Hayden to leave Ducati at end of MotoGP season
(Reuters) - America's 2006 MotoGP world champion Nicky Hayden announced on Thursday that he would be leaving the factory Ducati team at the end of the season..
Private firm bets on marijuana, Wall Street wary
SEATTLE/LOS ANGELES (Reuters) - In the sparse Seattle offices of Privateer Holdings, Brendan Kennedy grabs an iPad to show how his bet on legal marijuana is already paying dividends in the form of a Google results page for "blue cheese.".
Insight: Science for hire - Trial over plastic exposes disclosure deficit
NEW YORK (Reuters) - By 2012, Eastman Chemical seemed to be perfectly positioned when it came to producing plastic for drinking bottles. Concerns about a widely used chemical called bisphenol A (BPA) had become so great that Walmart stopped selling plastic baby bottles and children's sippy cups made with it and consumer groups were clamoring for regulators to ban it. Medical societies were warning that BPA's similarity to estrogens could disrupt the human hormone system and pose health risks, es.
'Intelligent' surgical knife can sniff out cancer tissue
LONDON (Reuters) - Scientists have created an "intelligent" surgical knife that can detect in seconds whether tissue being cut is cancerous, promising more effective and accurate surgery in future..
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