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LINKING BRAINS
AND COMPUTERS
DOUBLE BILLS
BROADWAY VIA
HOLLYWOOD
SUZY MENKES
THE LITTLE BLACK DRESS
AND ITS ENDURING ALLURE
PAGE 10 | CULTURE
PAGE 9 | STYLE
....
GLOBAL.NYTIMES.COM
Rebel rule
drags African
nation into
catastrophe
French villa
seen as key
evidence in
Chinese case
BEIJING
Property in Cannes
figures in bribery charge
against ex-party leader
BY ADAM NOSSITER
BY EDWARD WONG
Years ago, when a young Chinese billionaire was looking for property in
France, he settled on a villa along the
Riviera. The house later became tied to
a British businessman, Neil Heywood,
whose death in 2011 set in motion a political crisis within the upper ranks of the
Communist Party.
That villa, in the seaside resort of
Cannes, has emerged as a key aspect to
a criminal case against Bo Xilai, a fallen
Communist Party aristocrat, which has
presented the party with its biggest
challenge since the Tiananmen Square
protests of 1989.
Officials intend to present the villa as
a significant piece of evidence in a coming criminal trial that is expected to result in the end of Mr. Bos political career, according to three people with ties
to the Bo family and acquaintances.
Mr. Bos downfall began when suspicions emerged that his wife had
murdered Mr. Heywood in 2011. The trial of Mr. Bo, who is facing three criminal
charges, is expected to begin within
days.
Political analysts say the trials outcome has probably already been determined: a long prison sentence for Mr.
Bo. But the details of the case that prosecutors are expected to unveil against
Mr. Bo have largely been kept from the
public.
The most serious charge against Mr.
Bo, 64, is that of taking bribes worth
more than $3.3 million from the young
billionaire, Xu Ming, who was once listed by Forbes as one of Chinas 10
SEOUL
BY SU-HYUN LE
BY SEBNEM ARSU
AND TIM ARANGO
WORLD NEWS
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Mom wants
you wed? The
state does, too
IZMIR, TURKEY
As judges read out the verdicts, protesters who had gathered Monday near the courthouse in Silivri, a coastal town west of Istanbul, faced tear gas fired by security forces.
those who are either loyal to the countrys old secular elite or those especially among the young who are casting about for a new voice in politics.
Those fissures were laid bare in June
during huge and sometimes-violent
street protests that began over urban
development plans in Istanbul, but similar divides had been exposed in the
court case, which went on for five
years.
First, the case was seen by many as
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Paul Krugman
When it comes to fiscal policy, the
Republicans have fallen victim to their
own con game. Something similar
might explain how the party has lost its
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AFRICA, PAGE 5
FLYING TOURBILLON
....
page two
Kremlin tries
charm to
counter E.U.
Judy
Dempsey
LET TER FRO M E U R O P E
BERLIN When President Vladimir V.
SERGEY DOLZHENKO/EPA
jdempsey@iht.com
believed yesterday [Aug. 4] to be the collapse of the Chinese rebellion was shortlived, as to-day a rabble of mutinous
troops controls the city. They have
murdered their officers and are demanding the Cheungkun, commander of a brigade of the Fifth Infantry, be made Governor. Su-Shan-Chow, who only yesterday
assumed office and abrogated the declaration of independence which had been
drawn up for Kwangtung province less
than a fortnight ago, has fled, and the
situation is again critical in the extreme.
Victims in 09 rampage
at army base could be
questioned by gunman
BY MANNY FERNANDEZ
Staff Sgt. Alonzo M. Lunsford Jr. wept as he spoke of the attacks at Fort Hood, Texas. He is expected to testify on Tuesday.
Maj. Nidal Malik Hasan has acknowledged being the Fort Hood gunman. He chose to represent himself at his military trial.
or 15 years before Major Hasan exhausted all his appeals, but that unlike
in Private Lovings case, the president
in office would face public and political
pressure to order his execution.
You can really make a pretty strong
case for the fact that the military really
does not have a death penalty system,
said Victor M. Hansen, a retired army
defense lawyer and a professor at New
England Law, Boston.
What we have instead is a death row
system, where we will go through the
court-martial process and all the phases
of appeal, and these individuals will languish forever on death row, he said. If
theres any case in the last 30 years that
might change that, its definitely the
Hasan case.
Major Hasan is the only defendant in
modern times to represent himself in a
U.S. military capital punishment case.
The judge has forbidden him to present
evidence of his claim that he was protecting the Taliban because, she ruled, it
had no legal merit, although he can tes-
BY ANDREW E. KRAMER
REUTERS
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World News
Burger made
in lab served
as the food
of the future
Stem-cell beef is ethical
and earth-friendly,
backers say, if a bit dry
BY HENRY FOUNTAIN
TOBY MELVILLE/REUTERS
The worlds first lab-made beef burger before it was cooked in London on Monday.
DAVID PARRY/EPA
europe
MURAD SEZER/REUTERS
Protesters near the courthouse and prison complex in Silivri on Monday. Families were denied access to the final hearing, and state officials blocked access to the courthouse itself.
U.K. reacts
as feud over
Gibraltar
heats up
LONDON
REUTERS
The Intermediate Peoples Court in Jinan, China, where Bo Xilai is to be tried. The case is
the biggest challenge to the Communist Party since the Tiananmen Square protests of 1989.
Europe
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Palestinian boys in Beit Ommar, West Bank, playing a game that they call Arabs and Army in which they re-enact confrontations with Israeli soldiers and the arrests that follow.
Muhammad Abu Hashem, 17, was sleeping in a sleeveless undershirt when the
Israeli soldiers stormed into his home
here at 4 a.m. on the second Monday in
July. As they led him away moments
later, Muhammads mother rushed
after him with a long-sleeved shirt:
They both knew it would be cold in the
interrogation room.
It was Muhammads fourth arrest in
three years for throwing stones at Israeli soldiers and settlers. His five brothers
three older and two younger have
all faced similar charges. Last year,
three Abu Hashem boys, and their father, were in prison at the same time.
Children have hobbies, and my
hobby is throwing stones, Muhammad
explained weeks before his most recent
arrest. A day with a confrontation is
better than a free day.
As Israeli and Palestinian negotiators
resumed peace talks last week in Washington, the stone throwers of Beit Ommar are a reminder of the abiding tensions that animate relations between
the two peoples that would populate the
imagined two states living side by side.
Youths hurling stones has long been
the indelible icon some call it a caricature of Palestinian pushback against
Israel: A recent report by the United
Nations said 7,000 minors, some as
young as 9, had been detained between
2002 and 2012.
Here in Beit Ommar, a village of 17,000
between Bethlehem and Hebron that is
surrounded by Jewish settlements, rock
throwing is a rite of passage and an
honored act of defiance. The futility of
stones bouncing off armored vehicles
matters little: Confrontation is what
counts.
When they are not actually throwing
stones, the children here play Arabs and
Army, re-enacting the clashes and arrests. And when 17-year-old Bilal Ayad
Awad was released in June after 16
months in prison, he was welcomed like
a war hero with flags and fireworks,
women in wedding finery lining the
streets to cheer his motorcade.
The Israeli Army commander in the
area counts 5 to 15 stone-throwing incidents per week, and the arrest on July 8
of Muhammad and his father, Ahmad,
brought to 45 the number of Beit Ommar
residents taken into custody since the
beginning of 2013, 35 of them ages 13 to
19. A teacher at the local high school said
20 boys missed class while in prison last
year. A few, including Muhammad, were
out more than 60 days, forcing them to
repeat a grade.
Here, it is as if the intifada never
stopped, said Musa Abu Hashhash, a
field worker for the Israeli human rights
group Btselem.
Beit Ommar, a farm town with roots in
the Roman era, is a hot spot because of
its perch off Road 60, the main thoroughfare from Jerusalem south to the
settlements of Gush Etzion, which the
Palestinians say have taken up to onethird of the villages original 34 square
kilometers, or 13 square miles.
The military, which since May has
been joined by a company of border police to crack down, focuses on 11 prime
stone-throwing points along the road,
which stretches about a kilometer and a
half, or about a mile. There are the duo,
two houses teenagers hide between;
the stage, a raised area; the triangle, an open field; and the Molotov
2010
2011
2012
2013
CURRENT
AGE
Ahmad (father)
46
Thaer
24
Imad
22
Yousef
20
Muhammad
17
Since July 8
Hamza
15
Qusay
12
Neve Daniel
an
ISRAEL
1949
Armistice
Line
Israeli security
barrier
Gvaot
Rosh
Tzurim
Efrat
GUSH ETZION
Elazar
azar
Beit Ain
Kfar
Kfa
Etzion
Et
Planned route of
security barrier
Alon Shvut
Safa
WEST BANK
W
Migdal Ozz
Beit Ommar
Beit Ommar
Cemetery
Israeli settlements
Karmei
rmei Tzur
Gush Etzion
60
Al Arrub
Camp
Beit Fajjar
Beit Ommar
municipal
boundary
2 km
....
During a protest in Cairo on Monday, a member of the Muslim Brotherhood and supporter of the deposed president Mohamed Morsi, pictured in posters, sprayed graffiti reading Interior thugs outside the attorney generals office.
XAVIER BOURGOIS/AFP
Researchers
find cells for
navigation
in humans
BY JAMES GORMAN
....
Views
editorial opinion
G LO B A L I ST
KALYVES, GREECE Economics in Germany, it has been noted, is a branch of
moral philosophy. Growth is the reward
for good behavior. Such virtue includes
frugality and avoidance of debt. It goes
without saying that, in this view, promoting growth by increasing fiscal deficits is the height of immorality.
Economics in Greece is rather different. It is a branch of personal ingenuity.
Morally loaded words from the AngloSaxon canon like corruption and
cronyism have attached themselves
to the Greek approach, but for Greeks
following rules was a form of stupidity.
If politicians were corrupt, what could
be the purpose of personal integrity?
Far better, Greeks thought, to trust in
fakelaki (the little envelope) and
rousfeti (a political favor for votes)
than confuse morality with material advancement.
The euro crisis has been many
things, among them a reminder of the
old adage: Marry in haste, repent at
leisure. But at its core lies a crisis of two
moralities, northern and southern.
It was a German, Martin Luther, who
ignited the Reformation with his objections to the papacys corruption, the sale
of indulgences and the papal authority
to absolve sin. A big case of northern
probity against southern laxity, frosty
rigor against sun-soaked elasticity: the
clash of an attempt to hold humanity to a
YORGOS KARAHALIS/REUTERS
this against the backdrop of an economy whose contraction he called unprecedented outside a war-hit economy. Anger on the left and the right
(where the neo-Nazi Golden Dawn
party is surging) is virulent. A summer
lull will give way to an angry fall.
Still, Mitsotakis believes he has strong
backing. Look, the private sector has
taken 1.3 million unemployed since the
crisis broke, and there has been basically zero from the public sector. Because
the reform was put off, the private sector was taxed and punished as an alternative. There is a silent majority for this
reform. Weve had a state that is way
too big with no meritocracy, no disciplinary activity, and a lot of people entering through the back door. Some employees were even being paid in jail.
He held up his mobile device with a
screen shot of the documentation for
the transfer of a single employee from
one provincial town to another. His own
signature was on it along with 15 others! Such bureaucracy is deadening, as
well as being a rich potential source of
corruption: Of those many signatures,
some may come with a price.
We can get better value for money
and meet the commitments of my country, Mitsotakis told me. But our creditors must understand that the main
risk today is if they try for more measures any further attempt to tax incomes will not fly. Austerity has been
pushed too far. When our prime minister meets with President Obama this
month, one of his main messages will
be this.
Europe must bridge its moral chasm.
Greeks can learn something of economics as moral philosophy. Germans can
learn that austerity as economic tool
has its limits and that the use of a fiscal
deficit to finance growth is not a sin.
The euro is also a morality lesson.
You can follow me on Twitter, or join me
on Facebook.
MIXED BLESSINGS
Pity the poor patient who tries to make sense of federal advisory committee reports that appear headed in opposite directions. For at least three decades, Americans have been told
that its best to detect cancers early, when they are theoretically most curable. So it was not all that surprising when an
authoritative advisory group recommended that very heavy
smokers get an annual CT scan to check for early signs of
lung cancer. It was much more surprising, however, when a
separate group of experts suggested that for several cancers
including potential lung cancers early scans are detecting too many abnormalities that arent dangerous and should
not be treated. Oddly enough, both groups may be right.
The recommendation on smokers came from the U.S. Preventive Services Task Force, independent experts who serve
as the federal governments foremost authority on screening
procedures. Screening with chest X-rays, long the standard approach, seldom catches a tumor early enough for surgeons to
save a life. In 2010, however, a large clinical trial found that lowdose CT scans, which detect much smaller tumors, could reduce mortality by 16 percent among patients at the highest risk
of lung cancer because of their age and smoking history. That
led several prominent medical groups to recommend such
screening in high-risk current and former smokers. Now,
based primarily on that same study, the Preventive Services
Task Force has recommended that people ages 55 to 79 who
have smoked a pack of cigarettes a day for 30 years or two
packs a day for 15 years or the equivalent get annual CT scans.
It estimates that such screening could save 20,000 lives a year,
among the 160,000 Americans who die each year of lung cancer.
Meanwhile, three members of a working group advising the
National Cancer Institute suggested that overdiagnosis
the detection of tumors that would not cause illness or death if
left unattended is common in cases of breast, lung, prostate
and thyroid cancer. Such overdiagnosis often leads to further
tests and biopsies to determine if a tiny tumor looks dangerous, followed by surgery, radiation or chemotherapy to eliminate an abnormality that would never have caused illness. In
such cases, the cure is worse than the disease it is trying to
prevent. The group said that, ideally, screening tests should
focus on tumors that will cause harm and are more likely to be
cured if detected early. But that cant be done until scientists
find better ways to identify which lesions are truly worrisome.
Recommendations from these groups come with unanswered questions. This will put the burden on patients, in
consultation with their doctors, to decide whether to get early
screening for cancers and what to do based on the findings.
Roger
Cohen
high moral standard with a system taking human fallibility as a starting point.
A few centuries later along comes a
shared currency that tries to unite the
Protestant north with the Catholic or
Orthodox south, a Europe that went
through the Reformation with one that
did not. Trouble was inevitable.
In Greece, as Kyriakos Mitsotakis,
the minister of administrative reform
and e-governance, put it to me in an interview, the system went like this:
The parties used ministries to reward
people. The grand bargain was a job in
the public sector for votes. But you
needed to be able to finance the system.
Fine as long as money was flowing and
loans easy. Now that they are not, you
have no choice but to be efficient.
Once you had a job in the public sector, you were, as the Greeks put it, accommodated, or in the Italian phrase,
sistemato. In either country this
meant you were integrated for life in a
system that allowed you to work a modest amount, enjoy a good pension earli-
Peter Navarro
April R. Dworetz
parents are always kept part of the discussion, to ensure we have their informed consent throughout treatment.
More broadly, when in the first trimester obstetricians talk with pregnant
women and their partners about testing
for genetic anomalies, they should include discussion of values and attitudes
toward life, death and disability, or at
least recommend such discussions.
Certainly parents at high risk of giving
birth to premature babies, or to babies
with severe congenital defects, should
receive such counseling, including from
neonatologists and other specialists.
Sometimes, I think we doctors need
to do more than inform. On occasion,
Ive offered to make a life-or-death decision for parents. If they agree, they
are essentially making the decision, but
are shifting the burden to me. Its
harder for parents to say, I unplugged
my baby, than to let the doctor do it.
Our culture is slowly growing more
comfortable talking about end-of-life issues as they relate to the elderly:
whether to allow a natural death or prolong life even if it means suffering. In
my world, though, the surrogate decision makers are young parents of infants like Miracle. And they are still
completely unprepared. Its time we
broaden the discussion to include them.
APRIL R. DWORETZ is an assistant professor
of pediatrics, specializing in neonatology,
at Emory University.
Immeuble le Lavoisier, 4, place des Vosges, 92400 Courbevoie France. POSTAL ADDRESS: CS 10001, 92052 Paris La Dfense Cedex. Tel: +33 1 41 43 93 00
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....
commentary letters
views
AMY D. CLARK,
LET T E R S TO T H E E DI TO R
Why Germans are outraged
After reading John Vinocurs Germany
sounds the alarm (Views, Aug. 1), I felt
he had missed part of why Germans are
outraged about the U.S. electronic
eavesdropping program.
I will grant him that this breach of privacy has been seized upon by extreme
groups, but this doesnt mean that general concern about being under surveil-
lance is unwarranted. Over the last decade, we have observed how the United
States has undermined international
law: Pre-emptive war, torture in secret
centers, the Guantnamo detentions and
targeted killings come to mind. And now,
when we Germans see our own rights violated, we are expected to remain calm?
Besides, Germans being concerned
about Americas actions doesnt mean
....
Men and women trying to catch falling chocolates at a mall in Seoul, part of an event for single people. Solving the difficulties of the lovelorn has become something of a national concern.
Pugnacious chairwoman
of Senate committee
faces a test of her grit
BY JENNIFER STEINHAUER
Anna Sui
Founder, Anna Sui
Stephen Webster
Creative Director, Stephen
Webster & Garrard
Anya Hindmarch
Founder, Anya Hindmarch
Livia Firth
Creative Director, Eco Age
Bryanboy
Blogger, bryanboy.com
Andrew Keith
President, Lane Crawford
and Joyce
IHTLuxury.com
@IHTLuxury #IHTLux
Madame Chairwoman
CHRISTOPHER GREGORY/NYT
....
Style
10
....
Culture
theater art
HELEN MAYBANKS
UNIVERSAL PICTURES
UNIVERSAL PICTURES
strategy.
At the heart of the Fox deals is a recognition by the studio and you hear
this all across Hollywood that most
filmmakers dont really know how to
make great stage musicals on their own.
The most successful one is Scott Rudin,
an Academy Award winner who is one
of the lead producers of the smash hit
The Book of Mormon. Disney is alone
in having an in-house theatrical division
that makes its own musicals, led by another top producer on Broadway,
Thomas Schumacher.
Studio executives say they are counting on Broadway veterans to tell them,
among other things, whether characters like Euphegenia Doubtfire or Bluto
Blutarsky can be made to sing and if
so, how that should be done. MetroGoldwyn-Mayer, for instance, has some
approval rights in the musical version of
Rocky over casting and certain production elements but left most decisions
to the creative team, led by Mr. Timbers.
They definitely never weighed in on
content, including the climactic fight
between Rocky and Apollo Creed, Mr.
Timbers said of MGM. Given that the
fight is a famous moment in the
Rocky franchise, the stage scene
could have risked becoming an embarrassment for the brand, but Mr. Timberss use of stage magic has drawn
praise from critics and Broadway producers who have seen the musicals
world premiere in Hamburg, Germany.
A movie can have so many more
scenes than a musical, and so much can
be achieved with close-ups and other
cinematic devices, so we had to think
carefully about which scenes to keep
and make theatrical and what other moments could be turned to song, Mr.
Jinks said. In the movie, theres a
scene where time stops and the main
character walks through a circus tent
a mesmerizing scene. For the musical,
PAUL KOLNIK
Anne Hathaway
and Meryl Streep in
The Devil Wears
Prada, above.
Next row up, left,
Alison Lohman and
Ewan McGregor in
the film Big Fish,
and right, the musical with Norbert
Leo Butz and Kate
Baldwin. Above
right, Christopher
Lloyd and Michael
J. Fox in Back to
the Future.
UNIVERSAL PICTURES
Shhh. Listen.
Nothing?
Listen again.
Note the sound of your computers
fan amid distant sirens. Hear your
spouse in the next room, playing the
Bowie channel on Spotify while chatting
on the phone with your mother-in-law.
Farther off, a television is tuned to the
news and a stereo plays Bach, while a
mouse skitters inside a wall.
And know that every one of those
sounds can now be the subject of art, just
as every vision we see and imagine,
from fruit in a bowl to the color of light to
melting clocks, has been grist for painting and sculpture and photos. Sound art
has been on the rise for a decade or two,
but it may have at last hit the main-
Susan Philipsz on Governors Island to examine the speakers for her latest sound piece.
....
11
Did you
hear that?
It was art
SOUND, FROM PAGE 10
MUSIC REVIEW
SILVIA LELLI
The ORF Symphony Orchestra of Vienna and the Salzburg Bach Choir performing Braunfelss Jeanne dArc at the Salzburg Festival.
BY ANTHONY TOMMASINI
PEOPLE
The Scottish actor PETER CAPALDI will
be the latest actor to star on Doctor
Who, the BBCs five-decade-long adventure series, and will play the 12th official incarnation of a time-traveling,
shape-shifting character known simply
as the Doctor. The BBC made the announcement during a live program that
was watched by viewers around the
world. The choice of Mr. Capaldi, an actor perhaps best-known for his role as a
foul-mouthed bureaucrat in the film In
the Loop, was a disappointment to
those who hoped the character might be
played by someone other than a white
Hollywood
turns toward
Broadway
Chinas one-child policy, often discussed in the rather dry terms of population or abortion statistics, is a ripe subject for a novel. Unfortunately, too much
of The Dark Road reads like an op-ed
column. The Family Planning policy is
a protracted war waged against women
and children, Kongzi informs his
daughter, not the most natural-sounding
remark to make to a child. The problem
isnt simply the translation (by Mr. Mas
British partner, Flora Drew), but the authors apparent conviction that only unrelentingly straightforward prose will
get his point across.
Some of the novels scenes are horrific. Meilis pregnancy is aborted at the
order of family planning officers, and
she is forced to watch as her newborn
boy is strangled and put into a plastic
bag. Kongzi persists in trying to impregnate his wife. When she gives birth
again, to another girl, he takes the baby
away, most likely to put her up for sale.
Meilis body is constantly being invaded,
if not by her husband then by the state.
Yet rather than let this powerful
theme unfold naturally, Mr. Ma insists
on spelling it out. You force me to get
pregnant, Meili tells Kongzi, then you
take my baby from me. Youre worse
than the Communist Party. On the next
page, Meili notes that women dont
own their bodies: Their wombs and genitals are battle zones over which their
husband and the state fight for control.
The Dark Road is a passionate
book about an important topic, but it
would work more effectively if it veered
off-message long enough to let readers
lose themselves in the story.
The poet Liao Yiwus memoir, For a
Song and a Hundred Songs, reads
more like a novel. An earlier book, The
Corpse Walker, gathered portraits
from the lower rungs of Chinese society; his new one is based on the four
years he was imprisoned after writing a
poem, Massacre, inspired by the
events at Tiananmen Square, and helping to make a film, Requiem.
The memoir, which has already won
ELISABETH BERNSTEIN
FLORA DREW
12
....
Sports
SPORTS
Solheim Cup
seems to be
a bit behind
the times
Roundup
N . F. L .
Womens competition
fails to include crucial
portion of players: Asians
BY KAREN CROUSE
Juan Martn del Potro returning a shot as he beat John Isner to win the mens final of the Citi Open in Washington. The tournament is a joint A.T.P-W.T.A. event, but the men get most
of the time on the bigger courts. Del Potro won nearly $300,000 for his title, while Magdalena Rybarikova claimed only $40,000 for beating Andrea Petkovic in the womens final
TENNIS
MICHAEL NELSON/EPA
The Citi Open is one of the 18 professional tennis tour events at which men and
women compete together. Joint tournaments, which began with the four Grand
Slam events, are becoming increasingly
common.
But there is one distinct difference at
the Citi Open, in its second year as a joint
A.T.P.-W.T.A. event: it unabashedly
gives preferential treatment to the men.
Perhaps this is most noticeable in the
court assignments. At the event this year,
which ended Sunday, 23 mens singles
matches were played in the main stadium, compared with six for the women.
Organizers said the reason for the disparity was twofold.
First, the mens event, which has existed since 1969, is more established than
the womens event, which has existed in
the Washington area for only three
years.
Second, the mens event, a 500-level
tournament, awards significantly more
prize money and ranking points. The
mens purse was $1,295,790, and the
champion received $295,200. The womens event, which is on the lower International level, paid out $235,000, with
the champion earning $40,000.
Donald Dell, a Hall of Fame tennis
agent and a group president of
Lagardre Unlimited, a sports manage-
one of her three matches there before losing in the quarterfinals on Grandstand 1.
The 18-year-old American Madison
Keys, the youngest player ranked in the
W.T.A. top 40, played her second-round
match on Court 1, which seats only 700.
Some fans watched her by peeking
through the back fence or by gathering
in the last rows of the larger Grandstand
2, which featured a mens match.
On Friday, all four mens quarterfinal
matches were played at the stadium,
and all four womens quarterfinals were
played on Grandstand 1. One of the two
womens semifinals was played at the
main stadium; none were played there
last year.
We deserve to play, as a semifinal, on
the big court, said Aliz Cornet, a semifinalist this year. And I think that the
crowd wants it, too, because its pretty
exciting to have both men and women
playing at the same time so why not
putting everything on center court?
The women were given major improvements this year. Last year, they
had two matches at the main stadium,
compared with 22 for the men.
But perhaps the most notable difference this year was that the women were
allowed to use the newly renovated indoor locker room facilities beneath the
stadium. The men had sole access to the
indoor facilities last year, while the
women used locker rooms, bathrooms
and toilets in trailers and tents.
Genie Bouchard, who complained last
year about the facilities, took personal
pride in the improvements. Everyone
heard about those comments, Bouchard
said, laughing. So its a bit of a funny story now, but it now should be called, like,
the Genie Bouchard Locker Rooms.
BY DAVID WALDSTEIN
Leaving behind the tranquillity and sunshine of Southern California, the New
York Yankees headed east for a wild
spectacle in Chicago, where Alex
Rodriguez was expected to make his
season debut despite a looming suspension by Major League Baseball.
All indications were that Rodriguez
would be suspended Monday, along
with a number of other players, but that
he would appeal his penalty and be at
third base Monday night against the
White Sox.
On Monday afternoon, The Associated Press reported that a person familiar with the negotiations said Rodriguez
remained the lone holdout, while the
All-Stars Nelson Cruz of the Texas
Rangers, Jhonny Peralta of the Detroit
Tigers and Everth Cabrera of the San
Diego Padres were among 12 players
who accepted 50-game penalties from
Major League Baseball as part of its
Biogenesis drug investigation.
The person spoke on condition of anonymity because the suspensions had
not yet been announced.
Others accepting the suspensions,
The A.P. reported, included New York
Yankees catcher Francisco Cervelli and
outfielder Fernando Martinez; Philadelphia pitcher Antonio Bastardo;
Seattle catcher Jesus Montero; New
York Mets infielder Jordany Valdespin
and outfielder Cesar Puello; Houston
pitcher Sergio Escalona; San Diego
Alex Rodriguez expected to be in Chicago with the Yankees to play the White Sox.
If she can fit it in to her vacation schedule, Inbee Park will tune to the telecast
of the Solheim Cup.
I watch when I get time, she said.
Park, the world No. 1, can be forgiven
for not putting the Solheim Cup, a biennial competition featuring womens
teams from the United States and
Europe, high on her priority viewing
list. Like male-only clubs, the Solheim
Cup no longer reflects the realities of the
sport or the times.
In 1990, when the Solheim Cup became the first professional international
match-play event for women, Americans swept the four majors to run the
streak of major winners from the United
States or Europe to 30. Those were the
days when golf bowed to Britain because of its rich history and to the United
States because of its deep pool of talent.
Golfs tectonic plates are in the midst
of a seismic shift that is creating mountaintops where none existed 30 years
ago in Asia, where the greatest growth is
occurring and where a matriarchal dynasty is flourishing in South Korea.
With her stirring victory Sunday in
the Womens British Open, Stacy Lewis
snapped Parks string of majors, at
three, and Asias streak of major victories at 10. Led by Park, there are five
South Koreans in the top 10 in this
weeks womens world rankings and 21
in the top 50. The United States has 10
players in the top 50 and Europe, eight.
Imagine a biennial mens competition
taking place without the world Nos. 1, 4,
5 and 10 Tiger Woods, Justin Rose,
Luke Donald and Keegan Bradley. That
is your 2013 Solheim Cup.
Not much of a TV watcher, Park,
however, allowed that this Cup will be
fun, so Ill definitely watch.
The 2011 event was great theater, with
the outcome teetering on the final three
singles matches. Europe pulled off the
15-13 upset when Caroline Hedwall, two
down with two to play, rebounded to
halve her match against Ryann
OToole; Suzann Pettersen came from
one down to beat Michelle Wie with a
birdie on the final hole; and Azahara
Munoz, who was paired against Angela
Stanford, delivered the final point.
This years event, which will take
place outside Denver on Aug. 16-18, will
feature the youngest player in Solheim
Cup history (17-year-old Charley Hull of
Europe) and the youngest U.S. team
(the 12 members average 25.9 years).
The U.S. captain, Meg Mallon, added a
dash of controversy to spice up the proceedings by using one of her discretionary picks on Wie, who had three top-10
finishes and 17 missed cuts on the
....
13
Swimmer
thinks this
is a quick dip
BY HUW RICHARDS
Told pre-series that England would retain the Ashes with two matches to
spare the quickest possible time
most of its fans and players would have
been ecstatic.
But the moment when it came at Old
Trafford, a venerable venue which
staged big cricket three decades before
its nearby soccer namesake was even
thought of, was distinctly anticlimactic.
It came with the announcement at
4.40 p.m. on Monday, made to a dwindling audience of rain-soaked stoics, that
there would be no more play and the
third test had finished in a draw. Two
down with two to play, Australia cannot
do better than draw the series so England, as current holder, retains the
trophy.
It was a bit of a strange day, said
Englands captain Alastair Cook. But
you have to look at it in the context of 14
days of cricket. If youd offered this to
me at the start of those 14 days Id have
snapped your hand off.
Post-match
ceremonies
were
conducted indoors, though relayed to
the crowd via big screens, with the presentation of the Ashes themselves held
over until after the final match at The
Oval, London later this month. Any
sense of English triumph was further
qualified by a match in which Australia
was clearly the better side and, had the
weather not intervened, by far the likelier winner.
In 90 minutes of play on Monday
which was 90 more than anybody who
checked weather forecasts had expected Australia dug out three of Englands top order batsmen and twice
came close to extracting a fourth.
England made minimal progress towards its notional target of 332 to win,
scoring only 37 runs from the twenty
and a half six-ball overs delivered.
The Australia captain Michael Clarke
admitted to feeling frustrated by the
weather, but said I dont want to take
anything away from England. They outplayed us in the first two tests, particularly at Lords. When you come to England to play, you know theres a chance
of the weather playing a part.
The result puts at end to the silly and
premature talk of England recording a
5-0 series sweep for the first time in the
rivalrys 136 year history (Australia has
two). Australia will go to the fourth test,
which starts in Durham on Friday,
Major Leagues
AMERICAN LEAGUE
The Ashes could not find a fair weather friend on Monday in Manchester as a band of persistent rain put an end to play.
PEANUTS
DOONESBURY FLASHBACK
GARFIELD
WIZARD of ID
DILBERT
East Division
Boston
Tampa Bay
Baltimore
New York
Toronto
Central Division
Detroit
Cleveland
Kansas City
Minnesota
Chicago
West Division
Oakland
Texas
Seattle
Los Angeles
Houston
W
68
66
61
57
51
W
64
62
56
48
40
W
64
62
52
51
36
L
45
45
51
53
60
L
45
49
52
60
69
L
47
50
59
59
74
Pct
.602
.595
.545
.518
.459
Pct
.587
.559
.519
.444
.367
Pct
.577
.554
.468
.464
.327
GB
1
6
9
16
GB
3
7
15
24
GB
2
12
12
27
East Division
Atlanta
Washington
Philadelphia
New York
Miami
Central Division
Pittsburgh
St. Louis
Cincinnati
Chicago
Milwaukee
West Division
Los Angeles
Arizona
San Diego
Colorado
San Francisco
W
67
54
50
49
43
W
67
65
61
49
47
W
61
56
52
52
49
L
45
57
61
60
67
L
44
45
51
62
64
L
49
55
60
61
61
Pct
.598
.486
.450
.450
.391
Pct
.604
.591
.545
.441
.423
Pct
.555
.505
.464
.460
.445
GB
12
16
16
23
GB
1
6
18
20
GB
5
10
10
12
NATIONAL LEAGUE
AMERICAN LEAGUE
SUNDAY
Detroit 3, Chicago White Sox 2, 12 innings
Cleveland 2, Miami 0
Kansas City 6, N.Y. Mets 2
Boston 4, Arizona 0
Seattle 3, Baltimore 2
Tampa Bay 4, San Francisco 3
Minnesota 3, Houston 2
Toronto 6, L.A. Angels 5
Texas 4, Oakland 0
San Diego 6, N.Y. Yankees 3
NATIONAL LEAGUE
SUNDAY
St. Louis 15, Cincinnati 2
Pittsburgh 5, Colorado 1
Milwaukee 8, Washington 5
L.A. Dodgers 1, Chicago Cubs 0
Atlanta 4, Philadelphia 1
(AP)
AMERICAN LEAGUE
BATTINGMiCabrera, Detroit, .360; Trout, Los Angeles, .329;
Mauer, Minnesota, .321; DOrtiz, Boston, .318; TorHunter,
Detroit, .315; ABeltre, Texas, .314; Loney, Tampa Bay, .310.
RUNSMiCabrera, Detroit, 78; CDavis, Baltimore, 78; Trout,
Los Angeles, 77; AJones, Baltimore, 75; Bautista, Toronto,
73; Encarnacion, Toronto, 69; DeJennings, Tampa Bay, 69.
RBICDavis, Baltimore, 102; MiCabrera, Detroit, 99;
Encarnacion, Toronto, 88; AJones, Baltimore, 77; NCruz,
Texas, 76; Fielder, Detroit, 76; DOrtiz, Boston, 71.
DOUBLESMachado, Baltimore, 40; Mauer, Minnesota, 32;
Trout, Los Angeles, 32; CDavis, Baltimore, 30; JCastro,
Houston, 29; JhPeralta, Detroit, 29; AJones, Baltimore, 28
HOME RUNSCDavis, Baltimore, 40; MiCabrera, Detroit, 32;
Encarnacion, Toronto, 29; NCruz, Texas, 27; ADunn, Chicago,
26; Bautista, Toronto, 25; Trumbo, Los Angeles, 25.
STOLEN BASESEllsbury, Boston, 40; RDavis, Toronto, 34;
Altuve, Houston, 28; Andrus, Texas, 25; McLouth, Baltimore,
25; Rios, Chicago, 24; AlRamirez, Chicago, 23
PITCHINGScherzer, Detroit, 16-1; Tillman, Baltimore, 14-3;
MMoore, Tampa Bay, 14-3; Colon, Oakland, 14-3; Masterson,
Cleveland, 13-7; FHernandez, Seattle, 11-4; CWilson, Los
Angeles, 11-6
ERAFHernandez, Seattle, 2.30; Kuroda, New York, 2.38;
Colon, Oakland, 2.50; AniSanchez, Detroit, 2.59; Darvish,
Texas, 2.66; Iwakuma, Seattle, 2.76; Scherzer, Detroit, 2.85.
STRIKEOUTSDarvish, Texas, 186; Scherzer, Detroit, 170;
FHernandez, Seattle, 166; Masterson, Cleveland, 160; Sale,
Chicago, 155; DHolland, Texas, 145; Verlander, Detroit, 138.
SAVESJiJohnson, Baltimore, 38; MRivera, New York, 35;
Nathan, Texas, 32; GHolland, Kansas City, 29; Balfour,
Oakland, 29; Perkins, Minnesota, 27; Rodney, Tampa Bay, 27.
(AP)
No. 0608
1 3
7
5
2
9 6
3
1
1
7
8
2 4
8
8
BASEBALL
WATER SPORTS
CLAY TOWNSHIP, MICHIGAN
NON SEQUITUR
SUDOKU
SCOREBOARD
4
9
2
No. 0508
9
4
6
7
5
3
1
8
2
2
7
1
8
4
9
6
3
5
8
5
3
6
2
1
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9
4
5
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9
1
3
2
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6
7
1
2
7
4
6
8
3
5
9
3
6
4
5
9
7
2
1
8
Across
Aesop animal
Frisbee, e.g.
Notable watchmakers
Abbr. in two state
names
Mattress giant
Ship of 1492
It makes gray go
away
Make off with some
raffle tickets?
Loosen, as a knot
Give ___ whirl
Lake creators
Make off with some
kitchenware?
Great blue wader
Washes away
Italian exile island
Shredded
Scene of gladiatorial
combat
That stinks!
G
O
O
G
O
L
S
I
G
U
A
N
A
S
C
A
P
S
I
Z
E
A
S
H
T
R
A
Y
S
C
O
U
R
G
E
T
E
N
S
E
S
K
A
R
E
N
A
R
T R
S I
F
T I
I F
E I
S
I B
N I
G
D A
S P
T E
C L O C
R O C H
Y S T A
E A R
O R D G
C
S E
A T
T H M O
Y E P
E
N E
X S U N
P A
U
I L Y P
R E E
E M S
K
E
R
E
L
T
O
N
A
T
C
O
S
T G
I
P T
L A
A N
N O
S
H
A
L
A
L
A
R
E
L
A
X
E
S
A
N
A
L
Y
S
T
P
A
R
I
N
G
S
S
I
A
M
E
S
E
A
N
N
E
T
T
E
67 Circus safety
precaution
68 O. Henry work
69 Cauldron or sword
in Macbeth, say
70 Test for an M.A.
applicant
1
2
3
4
5
6
7
8
9
10
11
12
14
18
20
24
25
26
29
30
31
Down
Make sense
Decline
Pad of drawing paper
Fed. overseer of
the Controlled
Substances Act
Vex
Container for a draft
of ale
Desert bloomers
Fitness facility
British royal name
since 1917
Llama herder of old
Winder on a watch
Wise off to
Rodeo wrestling
target
Possess
Big retailer of home
accessories
Dog in Oz
Book publisher
Alfred A. ___
Pitching stats
Doing the job of an
attack ad
A deadly sin
Gullible ones
13
14
16
17
19
21
25
36
43
60
31
53
54
45
48
51
57
30
41
44
47
56
29
37
40
50
55
35
39
46
12
26
28
34
38
11
22
27
33
10
18
24
42
15
20
23
32
49
52
58
59
61
62
63
64
65
66
67
68
69
70
53 Downy duck
54 Sudden outpouring
55 Woes
56 Mob gone wild
57 Assuming thats
true
61 Ironically humorous
62 Payer of many dr.
bills
63 Helpful hint
14
....
Business
Hedge fund
urges EADS
to sell stake
in Dassault
PARIS
LUCAS DOLEGA/EPA
W ITH
BY NELSON D. SCHWARTZ
At the PTR factory in Bristol, Connecticut. The company is moving to South Carolina, saying that tough new Connecticut gun laws make it too risky to keep doing business there.
BY STEVEN YACCINO
BY JONATHAN HUTCHISON
Checking a piglet for the porcine epidemic diarrhea virus at a sow farm in western Illinois.
....
WITH
Connecting
the brain to
a computer
A digital partnership
for Newsweek proved too
tempting for Tina Brown
Disruptions
BY LESLIE KAUFMAN
AND CHRISTINE HAUGHNEY
N IC K BILTO N
An edition of Newsweek for sale last year in New York. Ms. Brown had hoped she could use it as a vehicle for a new form of magazine journalism that would span platforms.
it difficult to find takers for the job of editor in chief. Peter Kaplan, editorial director of Fairchild Publications, was one
of those who balked. It was a
massively heavy lift and there was no
philosophy involved, he said.
TURNING ON THE CHARM
Ms. Brown, who famously transformed Vanity Fair and The New Yorker magazines.
NEWSWEEK, PAGE 17
15
16
....
dealbook
finance business
Pipeline plan
could redraw
the oil map
Inside the
Markets
NEW YORK When nine New York residents shuffled into a cramped jury
room in a federal courthouse in Manhattan on Wednesday, they were divided over Fabrice Tourres culpability
in a toxic mortgage deal sold to investors.
Over more than 13 hours, the five
women and four men pored over reams
of disclosure documents that Mr.
Tourre and his employer, Goldman
Sachs, had provided for investors in
2007, grappling with the nuances of the
Securities and Exchange Commissions
case. One juror, 32-year-old Tina Oommen, scribbled the various charges facing the former trader on a white board.
Others scoured the voluminous transcript from the three-week trial.
Tension mounted among the nine
who included educators, a stockbroker
an Episcopal priest and a digital advertising employee as the deliberations
dragged on.
It got really intense; it reminded me
of religion, said the Rev. Beth F. Glover,
the 47-year-old priest, who initially
struck a skeptical tone about aspects of
the governments case. She questioned
whether Mr. Tourres supposed violation
had been material, a finding that was
needed to rule against the former trader.
At 3:12 p.m. on Thursday, the jury
reached a verdict. Mr. Tourre, they decided, was liable on six of the seven
counts.
Interviews with five of the nine jurors
pulled back a curtain on the private deliberations in the S.E.C.s most prominent trial stemming from the financial
crisis. The jurors, speaking from their
homes and offices a day after the trial,
described the genesis of their decision.
They expressed sympathy for Mr.
Tourre, alternately calling him a scapegoat and a willing participant in Goldmans vast mortgage machine.
But ultimately, the jurors said, their
decision had come down to what they
saw as the letter of the law and, for
some, a broader concern that Mr.
Tourres actions underscored a fundamental problem with society: Wall
Street greed.
He is what Wall Street is all about,
and it scared me, Evelyn Linares, a
school principal, said Friday in an interview from her porch. You go in thinking you can make a difference, and you
get sucked in.
The S.E.C.s case hinged on its grim
portrayal of Wall Street.
In his opening argument to the jury,
Matthew T. Martens, the leading lawyer for the agency, depicted the case
against Mr. Tourre as an assault on
Wall Street greed, arguing that the
former trader had created a deal to
maximize the potential it would fail.
Mr. Tourre, Mr. Martens later declared in his closing remarks, was living in a Goldman Sachs land of makebelieve where deceiving investors
was not fraudulent.
That argument resonated with the
jurors.
Mr. Martens told us at the beginning that we would see this was all
about Wall Street greed, and we did get
S A BINA Z AWA DZ K I
A N D DAV ID S H E PPA RD
REUTERS
Fabrice Tourre, a former Goldman Sachs trader, leaving a courthouse in New York after being found liable for defrauding investors.
WITH
BY STEPHEN ALDRED
REUTERS
KKR is among the private equity firms moving away from big buyouts in Asia, but it is
reportedly evaluating making a bid for ParknShop, a supermarket chain in Hong Kong.
United States and China, started by buying loans in or near default in China. It
added lending to its activities when the
supply of such loans dried up in 2009 after
China increased its lending to companies
during the global financial crisis.
A lot of private companies were coming to us wanting debt finance, said
Ben Fanger, co-founder of Shoreline.
Even though the government was
flooding the market with loans, it was
going predominantly to state-owned enterprises and government projects.
Since Mr. Nayar joined in 2009, KKR
has organized a series of loan syndicates, putting $100 million of its balance
sheet into a total of $1.5 billion in loans.
Private equity in India lends through
financial companies, which are more
flexible than banks. Financial companies
can give loans where banks steer clear:
to buy land, to refinance real estate debt
....
17
Pig farmers
try to halt
deadly virus
PIGS, FROM PAGE 14
Though it is perhaps too soon to predict how the virus may affect the price of
pork products, the epidemic has already
caused economic hardships for individual farmers, particularly in conjunction with feed prices sent soaring by
drought last year. An average farm with
2,500 sows could lose nearly every newborn for four weeks if it is hit with the virus, with the deaths of about 5,000 piglets and financial losses of nearly
$200,000.
Adult pigs that recuperate typically
build immunity to the virus, making recurring outbreaks rare.
One month can do a lot of damage,
said Mark Greenwood, senior vice president for AgStar Financial Services,
which provides financing to hog farms.
Its really devastating if youre finally
turning the corner.
The fear has inspired a renewed vigilance across the hog industry to ensure
that workers are using basic practices
like disinfecting their boots and trailers
after visiting packing plants, which researchers have identified as high-risk
locations for picking up the virus.
Yet questions remain about how the
virus got to the United States, raising
anxiety among producers and farmers.
The world got a lot smaller that
day, Tom Burkgren, executive director
of the American Association of Swine
Veterinarians, said of the time when the
first domestic case was confirmed. If
P.E.D.V. can get into the United States,
what about some of the even more nasty
viruses?
Preliminary results from a survey led
by the association, which some had
hoped would identify a link among infected farms, suggested that more information was needed. Dr. Burkgren said
investigators would take a closer look at
feed-related risk factors.
B R I E F LY
NEWSROOM TROUBLES
The Daily Beast, a Web site that merged with Newsweek, which has now been sold.
jects to create that most elusive but desirable of magazine outcomes: buzz. One
employee said that Ms. Brown ordered
up a Newsweek feature on Breaking
Bad well after an article on the show
had appeared in The Beast. Ms. Brown
does not accept the idea that she did not
have her finger on the popular pulse.
She also ticked off a series of measures: Under her leadership Newsweek
went from losing 30 percent of its ad rev-
LO N D O N
World Business
World markets
Interest rates
Monday, Aug. 5
United States
U.S.
Dow Jones indus.
U.S.
S.&P. 500
U.S.
S.&P. 100
U.S.
Nasdaq composite
U.S.
NYSE composite
U.S.
Russell 2000
Last
15,603.63
1,706.34
763.79
3,686.88
9,667.59
1,061.55
Chg
54.73
3.33
1.91
2.71
22.48
+1.69
12 mo.%
+21.2
+25.0
+21.3
+26.7
+24.5
+38.1
The Americas
Mexico
IPC
41,896.26
Canada
S.&P./TSX
12,603.25
Brazil
Bovespa
48,430.68
Argent.
Merval
3,447.21
Chile
Stock Market select 3,782.23
155.34
closed
43.36
11.58
38.31
+2.8
+9.5
12.8
+45.1
8.1
2,809.08
6,619.58
8,398.38
4,049.97
16,757.24
8,560.80
7,979.40
1,251.77
1,337.30
948.01
1,201.76
Nikkei 225
14,258.04
Hang Seng
22,222.01
All Ordinaries
5,093.77
Shanghai composite 2,050.48
Kospi
1,916.22
S.&P. CNX Nifty
5,689.00
Taiex
8,138.63
Straits Times
3,241.79
SET
1,423.43
Jakarta composite
4,640.78
1.92
28.29
8.56
+4.32
21.95
13.20
+15.47
+1.23
+0.91
closed
7.18
208.12
+31.04
4.89
+21.06
7.16
+11.10
+38.75
12.34
+2.49
closed
+24.1
+16.9
+27.1
+25.3
+26.2
+34.3
+24.5
+18.3
1.3
+6.6
+9.6
+64.8
+12.9
+18.7
2.9
+2.5
+8.8
+12.0
+6.8
+18.5
+13.4
Chg
12 mo. ago
3-month govt
Ask yield
Chg
12 mo. ago
2.475%
2.245
1.688
0.761
2.652
+0.067
+0.067
+0.042
0.041
+0.035
1.443%
2.038
1.244
0.766
1.476
Britain
France
Germany
Japan
United States
99.930%
0.028
0.062
99.974
0.040
+0.001
0.004
0.001
+0.003
unch.
0.433%
-0.159
-0.437
n.a.
0.090
Benchmark rates
Last
Latest chg
0.326%
0.123
0.038
0.094
0.104
+0.031
+0.002
+0.001
+0.001
unch.
0.074%
-0.063
-0.099
0.087
0.157
Britain (bank)
Canada (overnight)
Euro zone (refinancing)
Japanese (overnight)
United States (prime)
10-year govt.
Ask yield
Britain
France
Germany
Japan
United States
1-year govt
Britain
France
Germany
Japan
United States
0.50%
1.00
0.75
0.10
3.25
dal. Then, early this year, it was disclosed that in September 2012, Fonterra
had discovered residues of the agricultural chemical dicyandiamide in some
of its whole milk powder, skim milk
powder and buttermilk powder. Although the company said the risks were
minimal, use of the chemical on farmland was suspended.
Fonterra is a farmers cooperative
and is not publicly listed, but it trades
nonvoting units as shares on the New
Zealand and Australian stock markets.
On Monday, the shares opened down
about 8 percent on the New Zealand exchange but went on to recover some of
their value and closed at 6.86 dollars, a
decline of 3.65 percent.
The New Zealand dollar fell by about
a cent, to 0.7740 U.S. cents, in early trading before regaining some ground.
In Shanghai, China Modern Dairy
shares rose 7.6 percent, while Biostime,
which imports the bulk of its dairy
products from Europe, surged 8.6 percent, Reuters reported. But Want Want
China, which obtains most of its raw
milk from Fonterra, fell 3.2 percent.
International Funds
www.morningstar.com/Cover/Funds.aspx
m fj QMe\p m Mm
City
Chicago
N.Y.
Chicago
Chicago
Chicago
N.Y.
N.Y.
N.Y.
N.Y.
Metals, energy
Aluminum
London
Copper
N.Y.
Gold
N.Y.
Palladium
N.Y.
Platinum
N.Y.
Silver
N.Y.
Brent crude
London
Light sw.crude N.Y.
Natural gas
N.Y.
Units
$/bu
$/lb.
$/bu
$/bu
$/cwt
$/ton
$/lb.
cts/lb.
cts/lb.
Delivery Last
Sep.
4.67
Oct.
0.85
Aug.
13.31
Sep.
6.43
Sep.
15.99
Sep.
2,373.00
Sep.
1.20
Oct.
16.57
Sep.
143.25
$/m. ton
$/lb.
$/tr.oz.
$/tr.oz.
$/tr.oz.
$/tr.oz.
$/bbl.
$/bbl.
$/mln.BTUs
3 mo. 180,900
Sep.
3.17
Dec. 1,301.40
Sep.
736.05
Oct.
1,452.00
Sep.
19.70
Sep.
108.78
Sep.
106.82
3 mo.
3.32
Chg
0.09
unch.
unch.
0.18
+0.19
+82.00
+0.01
0.22
+1.05
300
0.01
9.10
+6.35
+0.50
0.21
0.17
0.12
0.03
$1
Australia
1.122
Brazil
2.304
Britain
0.652
Canada
1.038
China
6.125
Denmark
5.624
Euro zone 0.754
India
60.850
Japan
98.560
Mexico
12.670
Russia
32.928
Singapore 1.271
S. Africa
9.851
S. Korea 1113.50
Sweden
6.587
Switzerland 0.929
Taiwan
29.938
U.S.
-
1
1.487
3.054
0.864
1.376
8.119
7.455
80.728
130.68
16.796
43.649
1.684
13.058
1476.06
8.732
1.231
39.686
1.326
1
1.721
3.532
1.592
9.391
8.622
1.157
93.393
151.17
19.427
50.489
1.948
15.104
1707.33
10.102
1.425
45.904
1.534
One
100 ruble
One
One
Swiss Can.
franc doll.
1.138 0.034
1.208 1.081
2.336 0.070
2.479 2.218
0.661 0.020
0.702 0.628
1.053 0.315
1.117
6.212 0.186
6.591 5.897
5.704 0.171
6.055 5.415
0.765 0.023
0.812 0.726
61.767 1.848 65.544 58.594
- 2.993 106.10 94.940
12.900 0.000 13.637 12.201
33.400
- 35.440 31.704
1.289 0.039
1.368 1.224
10.000 0.299 10.602 9.485
1129.30 33.809 1198.47 1071.29
6.681 0.200
7.090 6.342
0.942 0.028
- 0.894
30.400 0.909 32.223 28.828
1.015 0.030
1.076 0.963
Euro
Dollar
Pound
Swiss franc
Yen
Chg.
0.754 0.001
0.652 0.002
0.929 unch.
98.560 0.370
Chg.
1.326
0.864
1.231
130.68
0.002
0.005
0.003
0.710
Chg.
1.157 0.006
1.534 0.005
1.425 0.005
151.17 0.060
Asia
Australian dollar
1.122 0.001
1.487 0.004
1.721 0.005
Chinese renminbi
6.125 0.004
8.119 0.021
9.391 0.021
Hong Kong dollar
7.756 unch. 10.284 0.016 11.898 0.039
Indian rupee
60.850 0.240 80.728 0.419 93.393 0.004
Indonesian rupiah 10280.0 unch. 13631.3 20.560 15769.5 51.400
Malaysian ringgit
3.230 0.026
4.283 0.041
4.955 0.024
Philippine peso
43.500 0.110 57.681 0.233 66.729 0.049
World 100
Company
U.S.
Asia (cont.)
$1
Chg.
Chg.
Chg.
Singapore dollar
1.271 unch.
1.684 0.004
1.948 0.005
South Korean won 1113.50 10.350 1476.06 16.530 1707.33 10.700
Taiwan dollar
29.938 0.042 39.686 0.130 45.904 0.074
Thai baht
31.350 0.090 41.570 0.057 48.091 0.294
Europe
Czech koruna
Danish krone
Hungarian forint
Norwegian krone
Polish zloty
Russian ruble
Swedish krona
Turkish lira
19.529 0.074
5.624 0.010
225.37 1.080
5.930 0.006
3.180 0.009
32.928 0.098
6.587 0.012
1.931 0.007
25.895
7.455
298.84
7.863
4.217
43.649
8.732
2.561
0.059
0.001
0.984
0.020
0.018
0.047
0.032
0.005
29.957
8.622
345.72
9.097
4.878
50.489
10.102
2.962
0.211
0.044
2.778
0.020
0.002
0.302
0.014
0.020
The Americas
$1
Argentine peso
5.518
Brazilian real
2.304
Canadian dollar
1.038
Chilean peso
513.79
Mexican peso
12.670
Venezuelan bolivar 6.284
Chg.
0.004
0.017
unch.
1.890
0.017
unch.
Chg.
7.317
3.054
1.376
681.29
16.796
8.333
0.006
0.017
0.003
1.482
0.008
0.013
1
8.465
3.532
1.592
788.15
19.427
9.640
Chg.
0.034
0.036
0.004
5.459
0.084
0.031
10.730
5.444
5.753
15.104
0.033
0.002
0.019
0.146
Last
Abbott Laborat.
36.54
Amazon.com
298.8
Apple
468.5
AT&T
35.68
Bank of America 14.79
Berkshire Hath. 177,490
Caterpillar
83.81
Chevron
124.0
Cisco Systems
26.25
Citigroup
52.93
Coca-Cola
40.26
Comcast
45.75
ConocoPhillips
67.18
Exxon Mobil
91.11
General Electric
24.51
Google
900.8
Home Depot
79.66
IBM
194.8
Intel
22.92
J&J
93.94
JPMorgan Chase 56.21
Kraft Foods
56.66
McDonalds
99.27
Merck
48.60
Microsoft
31.72
Occidental Petrol. 88.29
Oracle
32.74
P&G
81.45
Pepsico
84.24
Pfizer
29.15
Philip Morris
89.14
Qualcomm
66.06
Schlumberger
82.76
United Technol.
106.9
UPS
88.03
Verizon
50.22
Visa
184.9
72.13
312.0
702.1
39.00
14.95
178,275
99.49
127.8
25.94
53.27
43.09
45.84
66.12
95.20
24.86
924.7
80.54
215.8
26.88
93.21
56.67
58.29
103.59
49.44
36.27
94.75
36.34
82.54
86.80
31.08
96.44
67.97
83.81
105.6
91.45
53.91
194.6
Company (Country)
U.S. (cont.)
Last
Wal-Mart
Walt Disney
Wells Fargo
78.64
65.91
44.28
+6.2
+34.6
+32.8
67.61
47.06
31.43
79.86
67.67
44.63
The Americas
AmBev (BR)
Ame`r. Mo`vil (MX)
Bradesco (BR)
Ecopetrol (BR)
Itau Unibanco (BR)
Petrobras (BR)
R. Bk of Can. (CA)
Toronto Dom. (CA)
Vale (BR)
85.91 1.48
13.40 +0.06
27.80 0.40
4,335
+5
29.48 0.42
15.85 0.15
64.43 closed
87.37 closed
28.65 +0.26
+10.4
23.9
11.4
17.1
6.1
21.4
+26.7
+12.0
20.6
74.02
11.62
26.00
3,850
26.80
13.55
50.85
77.99
26.00
93.80
18.02
38.40
5,790
36.90
24.35
65.66
88.89
42.60
+5.6
87.00
98.25
Europe
A-B InBev (BE)
74.16 +0.12
BASF (DE)
66.66 1.22
BG Group (GB)
1,200
+6
BP (GB)
456.2
+0.8
Brit. Am. Tob. (GB) 3,534
12
ENI (IT)
17.17 0.09
Gazprom (RU)
128.9
+0.5
GDF Suez (FR)
16.90 0.05
Glaxo (GB)
1,730
+17
HSBC (GB)
718.2 36.5
LOre`al (FR)
127.7
+0.5
LVMH (FR)
140.1
0.6
Nestle` (CH)
64.65 +0.15
Novartis (CH)
67.40 0.15
Novo Nordisk (DK) 976.0
+8.0
R. Dutch Shell (GB)2,099
5
Roche (CH)
230.5
+1.8
Rosneft (RU)
238.9
+1.3
+13.6
+15.4
4.8
+5.8
+1.9
+4.1
13.0
7.2
+15.7
+32.3
+30.3
+15.2
+6.9
+16.4
+5.1
4.6
+32.2
+23.8
63.90
57.75
1,000
416.6
3,070
15.29
107.2
14.12
1,322
529.2
95.0
117.0
58.35
55.45
853.5
2,030
168.0
192.8
78.66
75.85
1,350
484.5
3,784
19.48
169.5
20.23
1,791
770.7
136.7
143.2
69.50
73.65
1,070.0
2,310
258.5
275.4
Company (Country)
Europe (cont.)
Last
Sanofi (FR)
Santander (ES)
SAP (DE)
Sberbank (RU)
Siemens (DE)
Statoil (NO)
Telefo`nica (ES)
Total (FR)
Unilever (GB)
Vodafone (GB)
Volkswagen (DE)
76.71
5.50
56.65
96.22
83.99
127.1
10.86
40.48
2,697
200.4
184.0
+17.3
+18.8
+10.5
+8.4
+22.9
11.2
+24.4
+8.4
+18.0
+6.8
+35.4
63.75
4.51
51.26
84.31
66.52
123.0
8.72
35.25
2,237
154.8
133.5
86.67
6.62
64.80
110.74
86.88
154.5
11.58
41.84
2,900
199.9
186.7
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4,275
4.47
732.0
5,550
165,800
11.28
72.07
1,576,000
9.44
6,640
115.5
34.06
Asia
Agric. Bank (CN)
2.47 +0.01
1.6
2.40
Bank of China (CN) 2.69 +0.01
2.2
2.54
BHP Billiton (AU) 35.75 unch. +11.6
30.65
CBA (AU)
73.76 0.06 +30.3
53.98
CCB (HK)
5.76 0.03
+9.5
4.84
China Life (CN)
13.55 +0.23
27.4
12.91
China Mobile (HK) 83.15 unch.
5.8
75.10
Chi. Shenhua (HK) 22.45 0.10
22.7
18.20
CNOOC (HK)
14.20 0.02
8.2
12.26
Honda Motor (JP) 3,720
+10 +55.4
2,319
ICBC (CN)
3.92 +0.01
+3.7
3.64
Mitsubishi UFJ (JP) 634.0
9.0 +69.1
345.0
NTT (JP)
5,200
10 +42.1
3,555
NTT DoCoMo (JP)155,100 200 +18.4 112,800
PetroChina (HK)
9.13 0.06
4.9
7.87
Rio Tinto (AU)
59.62 +0.31
+9.6
48.63
Samsung El. (KR)1,274,00012000
+0.9 1,172,000
Sinopec (HK)
5.80 +0.01
17.7
5.08
Toyota Motor (JP) 6,360
70 +108.9
2,868
TSMC (TW)
100.5 unch. +25.6
76.3
Westpac Ban. (AU) 31.37 0.09 +33.3
22.61
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The companies with the largest market capitalization, listed alphabetically by region. Prices shown are for regular trading.
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indicates stocks that reached a new 52-week high or low.
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9.275 0.015
4.706 0.020
4.973 0.008
13.058 0.063
Exchange rates
Major currencies $1
August 5, 2013
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18
....
business
WITH
U.K. seeks
symbolic
victories
Paul
Taylor
I NS IDE EUR O P E
LONDON Britains long-running political civil war over Europe is as much
about symbols as it is about substance.
Thus, advisers to Prime Minister
David Cameron are looking for one or
two symbolic trophies he can claim in a
renegotiation of the European Unions
treaty before he asks Britons to vote in
support of continued Union membership in a referendum promised for 2017.
According to a person with direct
knowledge of Mr. Camerons thinking,
London wants to erase or amend the
goal of an ever closer union that has
featured in the preamble of Union
treaties since the founding 1957 Treaty
of Rome.
To many Britons, those three words
stand for an inexorable one-way journey in which national sovereignty ebbs
to Brussels and the undeclared final
destination is a European superstate.
Ever closer union has long been a
red rag to John Bull, the patriotic cartoon Englishman draped in a Union
Jack who feels that although his country signed up to a common market in
1973, it has become entangled in ever
more intrusive European governance.
We understand and respect the right
of others to maintain their commitment
to this goal. But for Britain and perhaps for others it is not the objective, Mr. Cameron said in January.
His aides are hoping to airbrush out
the offending phrase or make it clear
that it applies only to those, notably in
the euro area, who want to pursue
deeper integration.
Another symbol in Londons sights is
the concept of European citizenship,
established by the 1992 Maastricht
Treaty. To British sovereigntists (and
REUTERS BREAKINGVIEWS
STOCK INDEXES
+60%
+40
+20
0
2012
2013
1,706.34
3.33
EUROPE DJ Stoxx 50
2,809.08
1.92
+24.1
208.12
+64.8
14,258.04
52-week
+25.0%
CURRENCIES
0%
10
20
2012
2013
EURO
1= $1.33
0.002
YEN
100= $1.01
POUND
1= $1.53
52-week
+6.9%
+0.004
20.6
+0.005
1.7
COMMODITIES
0%
20
40
2012
2013
$106.82 a barrel
0.12
$4.67 a bushel
0.13
52-week
+16.1%
19.4
41.8
Source: Reuters
Graphs: Custom Flow Solutions
The downside of the upsell: Airline fees that make you feel like driving
On the
Road
JOE S HARK E Y
Google Maps puts the distance from my
home in Tucson, Arizona, to the San
Diego Convention Center at about 421
miles, a drive of a bit over six hours.
Even so, I almost decided to drive on
Sunday, rather than fly, to attend the annual Global Business Travel Association
convention, which opened here Monday.
But Southwest Airlines had a convenient nonstop, a little over an hours flying
time (though, of course, its over four
hours total from home to airport and
airport to hotel). So flying made sense.
Why was flying rather than driving
even a close call? Well, like a lot of business travelers I routinely hear from,
Ive become so annoyed with airlines
and airports that taking the car is increasingly an option, even on trips up
to 500 miles or so.
The airlines are adding to that sentiment with an aggressive new emphasis
on blocking out large numbers of seats
in coach cabins that are available for
the basic fare. That is, when you go to
book a flight at the posted fare, you
Travelers forecast
routinely find that only the least-desirable seats like a middle seat in a row
at the rear of the plane are actually
available for that price. Most of the rest
are available only if you pay extra.
On July 20, for example, I flew on
United Airlines from Phoenix, Arizona,
to Tampa, Florida. When I booked that
ticket, almost a month in advance, only
a few seats were available without extra charge all middle seats in the
back of the plane.
Uniteds booking site informed me
that all of the other complimentaryassignment seats that is, seats
available without having to pay extra
were taken. The better seats those
with more legroom, for example
were available for fees that ranged
from $37 to $91 on the round-trip flight.
Did I pay extra to avoid being wedged
into a middle seat back by the toilets?
Yes I did and as such I am an example
of just the kind of traveler the airlines
are banking on to lift one segment of
their growing ancillary-fee revenue, the
pot of gold that increasingly is the industrys cushion for continued profitability.
A very rough estimate of the size of
that revenue can be made from data
compiled by the U.S. Transportation Department, which show that airlines collected $6 billion in fees for checked bags
and reservations-change penalties last
year, compared with $1.3 billion in 2007.
T-STORMS
SHOWERS
C ..................... Clouds
F .......................... Fog
H ........................ Haze
I.............................. Ice
PC.......... Partly cloudy
R ......................... Rain
SNOW
Abu Dhabi
Almaty
Athens
Bangkok
Barcelona
Beijing
Belgrade
Berlin
Boston
Brussels
Buenos Aires
Cairo
Chicago
Frankfurt
Geneva
Hong Kong
Istanbul
Jakarta
Johannesburg
Karachi
Kiev
Lagos
Lisbon
London
Los Angeles
Madrid
Manila
Mexico City
Miami
Moscow
Mumbai
Nairobi
New Delhi
New York
Tuesday
C
F
Sh ................. Showers
S .......................... Sun
Sn ...................... Snow
SS....... Snow showers
T ........ Thunderstorms
W ...................... Windy
42/34 108/93 S
33/20 91/68 PC
33/25 91/77 S
34/26 93/79 T
28/21 82/70 S
33/26 91/79 T
38/22 100/72 S
33/22 91/72 PC
26/17 79/63 S
24/16 75/61 T
17/10 63/50 PC
37/25 99/77 S
29/22 84/72 PC
29/19 84/66 T
27/16 81/61 T
31/28 88/82 PC
29/21 84/70 S
32/24 90/75 T
16/5 61/41 S
31/27 88/81 PC
28/15 82/59 S
27/22 81/72 PC
26/17 79/63 S
22/15 72/59 PC
24/17 75/63 PC
33/18 91/64 PC
30/25 86/77 T
25/13 77/55 T
32/25 90/77 T
28/16 82/61 PC
30/24 86/75 Sh
22/13 72/55 C
33/27 91/81 T
26/20 79/68 PC
Wednesday
C
F
42/36 108/97 T
32/18 90/64 T
33/24 91/75 S
32/25 90/77 T
29/21 84/70 PC
33/23 91/73 T
38/22 100/72 S
33/21 91/70 T
26/19 79/66 PC
23/15 73/59 R
17/7 63/45 R
37/25 99/77 S
28/16 82/61 T
27/19 81/66 T
24/16 75/61 T
32/27 90/81 Sh
31/22 88/72 S
31/24 88/75 T
17/7 63/45 S
31/28 88/82 PC
29/16 84/61 S
26/23 79/73 T
25/17 77/63 S
24/13 75/55 Sh
24/16 75/61 PC
30/16 86/61 PC
32/25 90/77 T
24/12 75/54 T
32/26 90/79 T
26/15 79/59 S
30/24 86/75 Sh
25/13 77/55 C
31/26 88/79 T
26/20 79/68 T
FINLAND
15-20
FLURRIES
RAIN
LATVIA
15-20
HIGH
MOSTLY
CLOUDY
RUSSIA
ESTONIA
ICE
STATIONARY
COMPLEX
WARM
COLD
20-25
DENMARK
25-30
LITH.
Meteorology by
AccuWeather.
Weather shown
as expected
at noon on
Tuesday.
BELARUS
LOW
POLAND
30-35
20-25
UKRAINE
SLOV.
25-30
HUNGARY
>35
30-35
PORTUGAL
BULGARIA
ITALY
ALB.
SPAIN
>35
GREECE
25-30
TURKEY
30-35
30-35
25-30
MOROCCO
ROMANIA
SYRIA
LEBANON
30-35
TUNISIA
ISRAEL
ALGERIA
>35
>35
JORDAN
SAUDI
ARABIA
>35
EGYPT
LIBYA
Nice
Osaka
Paris
Riyadh
Rome
San Francisco
Sao Paulo
Seoul
Shanghai
Singapore
31/22 88/72 S
34/26 93/79 T
24/17 75/63 T
40/29 104/84 S
34/21 93/70 S
18/13 64/55 PC
26/16 79/61 S
32/26 90/79 T
41/30 106/86 PC
30/26 86/79 T
29/21 84/70 T
34/28 93/82 PC
24/12 75/54 R
40/27 104/81 S
34/23 93/73 S
16/12 61/54 PC
26/16 79/61 S
33/25 91/77 PC
41/30 106/86 S
31/25 88/77 T
Stockholm
Sydney
Taipei
Tel Aviv
Tokyo
Toronto
Tunis
Vienna
Warsaw
Washington
23/15
22/8
35/27
33/23
31/25
23/18
37/24
34/24
33/19
28/21
73/59
72/46
95/81
91/73
88/77
73/64
99/75
93/75
91/66
82/70
PC
PC
T
S
T
PC
S
S
S
T
24/16 75/61 PC
18/8 64/46 S
35/27 95/81 T
33/23 91/73 S
32/25 90/77 T
26/18 79/64 T
40/24 104/75 S
37/25 99/77 S
34/22 93/72 S
28/22 82/72 T
jsharkey@nytimes.com
CHI BIRMINGHAM
INTERNATIONAL TRAVELER
HEATHROW DINING GUIDE DIRECTS
FLIERS TO AIRPORTS BEST BITES
To help the estimated 13.8 million passengers passing through Heathrow Airport this summer find the right meal, the
airport has teamed up with two celebrity
chefs to release its first food guide.
Compiled by John Torode and Gregg
Wallace, the guide, Food on the Fly,
has comprehensive overviews of every
bar, cafe and restaurant in the airport,
as well as a breakdown of options by terminal. It also includes tips about the
best and worst foods to eat before flying.
Mr. Torode and Mr. Wallace compiled
the guide using information they
gathered while eating their way around
the airport. The pair have put a strong
emphasis on healthy options, smaller
dishes and British talent.
The airport will distribute 10,000 copies of the guide to passengers in the
coming months. A digital version is
available on the airports Web site.
PIE CAMP IN MONTANA HELPS
TO CONQUER A FEAR OF PASTRY