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| Computer cracks CAPTCHAs in step toward artificial intelligence Sunday, Oct 27, 2013 09:01 PM PDT By Sharon Begley NEW YORK (Reuters) - A technology start-up said on Monday that it had come up with software that works like a human brain in one key way: it can crack CAPTCHAs, the strings of tilted, squiggly letters that websites employ to make users "prove you are human," as Yahoo! and others put it. San Francisco-based Vicarious developed the algorithm not for any nefarious purpose and not even to sell, said co-founder D. Scott Phoenix. ... Full Story | Top |
| Analysis: From Big Foot to Bluto, Gulf of Mexico set for record oil supply surge Sunday, Oct 27, 2013 06:10 PM PDT  By Kristen Hays and Terry Wade CORPUS CHRISTI, Texas (Reuters) - The Gulf of Mexico, stung by the worst offshore oil spill in U.S. history in 2010 and then overshadowed by the onshore fracking boom, is on the verge of its biggest supply surge ever, adding to the American oil renaissance. Over the next three years, the Gulf is poised to deliver a slug of more than 700,000 barrels per day of new crude, reversing a decline in production and potentially rivaling shale hot spots like Texas's Eagle Ford formation in terms of growth. ... Full Story | Top |
| Fernandez coalition loses clout but keeps majority in midterm Sunday, Oct 27, 2013 04:26 PM PDT  By Hugh Bronstein BUENOS AIRES (Reuters) - Argentine leader Cristina Fernandez's allies took a beating in Sunday's midterm election, shrinking her congressional majority, snuffing out chances of a constitutional change to allow her a third term and kicking off the contest to succeed her in 2015. Voters chose half of the lower house of Congress and a third of the Senate in Sunday's midterm. Re-elected in 2011 on promises of increasing state control in Latin America's No. ... Full Story | Top |
| New York launches state gasoline reserve for emergencies Sunday, Oct 27, 2013 02:53 PM PDT  (Reuters) - New York state has launched the first U.S. state-based strategic gasoline reserve to prevent shortages like that which took place last year during Superstorm Sandy, Governor Andrew Cuomo said. The reserve started on Saturday and is expected to hold 3 million gallons of fuel for motorists and emergency personnel on Long Island, the governor's office said in a statement posted on its website. The reserve "will prevent the days of long lines at gas stations if another storm hits," Cuomo said in the Saturday statement. ... Full Story | Top |
| Incoming Georgian president is no 'superman' Sunday, Oct 27, 2013 02:31 PM PDT  By Margarita Antidze and Timothy Heritage TBILISI (Reuters) - Georgia's next president, Georgy Margvelashvili, fits in perfectly with Prime Minister Bidzina Ivanishvili's vision of a nation free of politicians who want to be "superman". Margvelashvili, a little-known confidant of the billionaire premier, won a landslide victory in the former Soviet republic's presidential election on Sunday after only a year in politics. The mild-mannered 44-year-old philosopher will bring to the presidency a different style to his predecessor, the confident, outspoken and exuberant Mikheil Saakashvili. ... Full Story | Top |
| Britain braced for hurricane-force 'St. Jude' storm Sunday, Oct 27, 2013 01:33 PM PDT  LONDON (Reuters) - Hurricane-force winds are forecast to disrupt road, rail and airport networks on Monday when one of the strongest storms in decades is expected to hit the southern half of Britain during rush-hour, forecasters warned on Sunday. Local media dubbed the storm "St. Jude", after the patron saint of lost causes who is traditionally celebrated on October 28, and made comparisons to 1987 when a storm killed 18 people in Britain and felled some 15 million trees. The storm is expected to bring 80 mph winds and heavy rain to Britain early on Monday morning. ... Full Story | Top |
| Billionaire PM cements grip in Georgia, ally elected president Sunday, Oct 27, 2013 12:50 PM PDT  By Margarita Antidze and Timothy Heritage TBILISI (Reuters) - A little-known ally of billionaire Prime Minister Bidzina Ivanishvili won a landslide victory in Georgia's presidential election on Sunday, cementing the ruling coalition's grip on power after Mikheil Saakashvili's 10-year rule. Georgy Margvelashvili's triumph concentrates power and will make policy-making easier in the former Soviet republic because Ivanishvili's Georgian Dream coalition now controls both the presidency and the government for the first time. ... Full Story | Top |
| Iran sends out feelers for any return to oil markets Sunday, Oct 27, 2013 12:29 PM PDT By Dmitry Zhdannikov, Peg Mackey and Alex Lawler LONDON (Reuters) - Iran is reaching out to its old oil buyers and is ready to cut prices if Western sanctions against it are eased, promising a battle for market share in a world less hungry for oil than when sanctions were imposed. New Iranian President Hassan Rouhani's "charm offensive" at the United Nations last month, coupled with a historic phone call with U.S. ... Full Story | Top |
| Exclusive: Washington lobbying law firm in merger talks - sources Sunday, Oct 27, 2013 11:49 AM PDT By Casey Sullivan (Reuters) - Washington law firm Patton Boggs, well known for its lobbying and public policy work, is in talks to merge with a larger U.S. law firm, according to two former partners and a person with inside knowledge of the deal. The news comes on the heels of a report by Reuters on Friday that Orrick Herrington & Sutcliffe and Pillsbury Winthrop Shaw Pittman were in advanced merger discussions to create what would be one of the top 10 largest law firms in the country. ... Full Story | Top |
| In Libya's east, a former rebel commander tests Tripoli Sunday, Oct 27, 2013 10:13 AM PDT By Ulf Laessing and Ghaith Shennib BREGA, Libya (Reuters) - For Libyan militia leader Ibrahim al-Jathran, shutting down half the country's oil production with an armed militia is not a crime, it is the start of a just battle for a fair share of country's petroleum wealth. From his base near the Mediterranean oil terminal of Brega, the 33-year-old war hero from the uprising against Muammar Gaddafi has taken control of the main oil ports to demand more autonomy and oil for his eastern region from faraway Tripoli. ... Full Story | Top |
| Ally of Georgia's billionaire PM to be president: exit polls Sunday, Oct 27, 2013 10:04 AM PDT  By Margarita Antidze and Timothy Heritage TBILISI (Reuters) - Georgy Margvelashvili, an ally of billionaire Prime Minister Bidzina Ivanishvili, won a landslide victory in a presidential election in Georgia on Sunday, exit polls showed. The little-known former deputy premier's triumph cements the Georgian Dream coalition's grip on power following Mikheil Saakashvili's 10-year rule, although it is unlikely to end political uncertainty in the former Soviet republic. ... Full Story | Top |
| Wall Street Week Ahead: Focus on Facebook, Apple and the Fed Sunday, Oct 27, 2013 08:30 AM PDT  By Julia Edwards NEW YORK (Reuters) - The Federal Reserve meeting next week is not on the minds of as many people as when it met in September, but its decision to do nothing last month is providing the fuel for more share gains in Apple and Facebook, which report results next week. Facebook is only slightly off an all-time high, and Apple has recovered somewhat from losses earlier in the year after investors have poured money back into stocks, bringing the S&P to successive records that some say may not be supported by corporate results. ... Full Story | Top |
| Argentina's ailing president faces tough midterm congressional election Sunday, Oct 27, 2013 07:57 AM PDT  By Hugh Bronstein BUENOS AIRES (Reuters) - Argentine President Cristina Fernandez is expected to lose some of her congressional clout in Sunday's midterm election as the ailing leader faces complaints over galloping consumer prices and a weakening currency. Re-elected in 2011 on promises of increasing state control of Latin America's No. 3 economy, Fernandez's political coattails have been trimmed by inflation, clocked by private economists at 25 percent, while heavy-handed currency controls and falling central bank reserves dent confidence. ... Full Story | Top |
| Oil service firms rush to Saudi for busy drilling year ahead Sunday, Oct 27, 2013 07:30 AM PDT By Braden Reddall and Reem Shamseddine SAN FRANCISCO/KHOBAR, Saudi Arabia (Reuters) - Global energy service giants are banking on a boom in Saudi oil and gas drilling over the next few years to revive profits that are being squeezed by overcapacity in the North American market. Schlumberger , Halliburton and Baker Hughes have all singled out Saudi Arabia as a major growth market for next year as they search the globe for better returns than the saturated U.S. and Canadian markets offer. ... Full Story | Top |
| Iranian capital takes down some anti-American posters Sunday, Oct 27, 2013 06:14 AM PDT  DUBAI (Reuters) - Tehran authorities have taken down some anti-American posters, amid signs Iran is seeking better relations with the United States as the two sides prepare to hold talks over its nuclear program. A Tehran municipal official said some anti-American billboards had been put up illegally and had been taken down, state news agency IRNA said on Saturday. "In an arbitrary move, without the knowledge or confirmation of the municipality, one of the cultural institutes installed advertising billboards," said spokesman Hadi Ayyazi. Ayyazi did not say which posters had been taken down. ... Full Story | Top |
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