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| New research points to turning point in human diet Tuesday, Jun 04, 2013 08:37 PM PDT By Laura Zuckerman (Reuters) - Human ancestors in Africa about 3.4 million years ago expanded their diets beyond the leaves and fruits preferred by most primates and began eating grasses and grass-like plants, setting the stage for expanded habitats, according to new research. The research, by University of Utah geochemist Thure Cerling and an international team of scientists, refutes the previously held belief that those early humans shared the diets of forest-dwelling primates. ... Full Story | Top |
| Komen breast cancer charity cancels walks in seven U.S. cities Tuesday, Jun 04, 2013 07:37 PM PDT  By Lisa Maria Garza DALLAS (Reuters) - Breast cancer charity Susan G. Komen for the Cure, which suffered a publicity backlash last year after it sought to cut funding to Planned Parenthood, said on Tuesday it was canceling fundraising walks next year in seven cities where money goals have not been met. The organization, which says it is the largest non-government funder of breast cancer research, said it was cutting three-day walks for 2014 in Phoenix, Boston, Chicago, Cleveland, Tampa Bay, San Francisco and Washington. The event will continue in seven other places. ... Full Story | Top |
| Argentine court lifts Chevron asset freeze Tuesday, Jun 04, 2013 07:11 PM PDT  BUENOS AIRES (Reuters) - Argentina's Supreme Court on Tuesday lifted a freeze that had been placed on Chevron Corp assets in the country, clearing the way for the U.S. oil giant to go ahead with a shale oil venture with Argentina's YPF . Chevron has signed an agreement with YPF to invest up to $1.5 billion in the Vaca Muerta shale megafield, located in Argentina's southern region of Patagonia. ... Full Story | Top |
| China, Mexico vow broad cooperation as Xi visits; no trade pact soon Tuesday, Jun 04, 2013 06:24 PM PDT  By Lizbeth Diaz MEXICO CITY (Reuters) - China and Mexico promised broad cooperation on issues ranging from energy to mining and infrastructure during a state visit by Chinese President Xi Jinping on Tuesday, but any free-trade pact between the emerging market powers is still some way off. Mexico's government has voiced worry about its massive trade deficit with China, an imbalance Mexican President Enrique Pena Nieto wants to set right. Mexico wants "to find a greater equilibrium in our trade balance," Pena Nieto said during a joint address to the media with Xi. They did not take questions. ... Full Story | Top |
| Aveo to slash 62 percent jobs; focus on colon, breast cancer drug Tuesday, Jun 04, 2013 03:21 PM PDT (Reuters) - Aveo Pharmaceuticals Inc said it would cut about 62 percent of its workforce, or 140 jobs, to focus on developing its most important drug for colon and breast cancer as it does not expect U.S. regulatory approval for the drug to treat kidney cancer. The company's shares rose 3.2 percent to $2.57 in post-market trading. Aveo also said Chief Operating Officer Elan Ezickson has resigned and would leave at the end of July. His responsibilities will be handled by Chief Commercial Officer Michael Bailey, who is also slated to take up a new role as chief business officer from August. ... Full Story | Top |
| Amid uproar over escaped GMO wheat, Monsanto tests more strains Tuesday, Jun 04, 2013 02:43 PM PDT By Carey Gillam (Reuters) - While regulators probe the discovery of an experimental genetically modified wheat long thought abandoned by biotech seed developer Monsanto Co, the company has a new line of field experiments on biotech wheat underway. The company is no longer pursuing the same "Roundup Ready" spring wheat it designed more than a decade ago to tolerate dousings of its Roundup weedkiller, which is the strain found in a wheat field in Oregon in April. ... Full Story | Top |
| Mystery deepens on how genetically modified U.S. wheat landed in field Tuesday, Jun 04, 2013 02:37 PM PDT By Tom Polansek and Carey Gillam CHICAGO/KANSAS CITY (Reuters) - The Oregon field in which a farmer found sprouts of unauthorized genetically modified wheat was never used to study altered varieties, a lawyer for the grower said on Tuesday. The farmer has "no idea" how the altered wheat made it into his 125-acre field, said Tim Bernasek, a partner at the Portland law firm Dunn Carney. The disclosures heightened the mystery that has swirled around the farm since the U.S. ... Full Story | Top |
| Analysis: Glimmer of hope for cash-starved Pakistan economy as Sharif takes over Tuesday, Jun 04, 2013 02:14 PM PDT  By Tomasz Janowski ISLAMABAD (Reuters) - Pakistan's economy is in its worst shape in nearly a decade and yet there is a sense of hope that the incoming government not only seems to know what is needed to fix it but, for once, may also have enough determination and clout to do it. Former prime minister Nawaz Sharif swept back to power in last month's election, riding a wave of public anger at rival Pakistan People's Party's failure to tackle endemic corruption, power cuts and militant violence. ... Full Story | Top |
| TSX hits two-week low on Fed worries; CP Rail dips Tuesday, Jun 04, 2013 01:54 PM PDT  By John Tilak TORONTO (Reuters) - Canada's main stock index fell on Tuesday to a two-week low, hurt by declines in Canadian Pacific Railway Ltd and Barrick Gold Corp as well as concerns that the U.S. Federal Reserve might taper its stimulus program. RBC Capital Markets cut its rating on CP Rail, a day after activist investor Pershing Square Capital Management said it would sell nearly one-third of its roughly 14 percent stake in the company. CP shares tumbled 2.8 percent. ... Full Story | Top |
| KKR, Warburg, Cinven eye bids for clinical trial firm PRA - sources Tuesday, Jun 04, 2013 01:39 PM PDT By Soyoung Kim and Greg Roumeliotis NEW YORK (Reuters) - Private equity firms KKR & Co LP, Warburg Pincus LLC and Cinven Ltd are weighing bids for PRA International, a clinical research group, which is for sale and could fetch as much as $1.3 billion, several people familiar with the matter said. The buyout firms are among the parties preparing to submit second-round bids later in June for Raleigh, North Carolina-based PRA, the sources said this week, asking not to be identified because the auction is not public. ... Full Story | Top |
| Nobel contender sees multiple cosmic mysteries Tuesday, Jun 04, 2013 12:32 PM PDT  By Robert Evans GENEVA (Reuters) - Francois Englert, the Belgian physicist widely tipped to share a Nobel prize this year with Britain's Peter Higgs, said on Tuesday many cosmic mysteries remain despite the discovery of the boson that gave shape to the universe. And he predicted that new signs of the real makeup of the cosmos, and what might lie beyond, should emerge from 2015 when the world's most powerful research machine - the Large Hadron Collider (LHC) at CERN - goes back into operation. ... Full Story | Top |
| GM rejoins S&P 500 four years after U.S. bailout Tuesday, Jun 04, 2013 12:27 PM PDT  DETROIT (Reuters) - General Motors Co will rejoin the S&P 500 index this week, marking a key milestone in the recovery of a company that needed billions of dollars to stay afloat during the financial crisis. GM will return to the S&P 500 after the stock market closes on Thursday, the S&P Dow Jones Indices said on Monday. At the same time, American International Group Inc will join the S&P 100 index. The move represents a symbolic victory for GM, which has taken steps to overhaul its operations and return to viability since its near-collapse in 2009. ... Full Story | Top |
| Possible gas blast on New York college campus hurts seven faculty Tuesday, Jun 04, 2013 10:58 AM PDT  NEW YORK (Reuters) - A possible natural gas explosion blew out windows of a historic building at Nyack College north of New York City on Tuesday, injuring seven faculty members, a Rockland County sheriff's spokesman said. "The whole first floor got blown out - shrapnel and glass flew everywhere," William Barbera, chief of the sheriff's patrol, told Reuters. After the explosion, which occurred at about noon (1600 GMT), fire and bomb investigators rushed to the campus in Nyack, about 30 miles north of New York City. Members of the Orange and Rockland Utilities Inc. ... Full Story | Top |
| Britain reject tough CO2 cut target for power sector Tuesday, Jun 04, 2013 10:21 AM PDT  By Nina Chestney LONDON (Reuters) - MPs on Tuesday rejected an amendment to the coalition government's Energy Bill which would have locked the power sector into tough carbon cuts from 2014, two years earlier than planned, and limited new gas plants being built after 2020. Britain wants to explore the potential of shale gas to stem its rising dependence on imported gas and the vote comes just one day after it was estimated that its shale gas resources could be a lot higher than previously thought. ... Full Story | Top |
| Venezuelan state considers system to limit food purchases Tuesday, Jun 04, 2013 09:09 AM PDT CARACAS (Reuters) - A Venezuelan state is testing a system to limit purchases of food and other staples, local media reported on Tuesday, in a move that officials defended as necessary to stop contraband trade but opposition critics slammed as Cuban-style rationing. The OPEC nation's consumers have for months had to endure long lines or visit several stores to find basic products that run the gamut from toilet paper to butter, driven in part by a lack of hard currency to ensure imports. ... Full Story | Top |
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