• "Pizza chain Papa John's told shareholders that President Obama's health care law will cost consumers more on their pizza. On a conference call last week, CEO and founder John Schnatter (a Mitt Romney supporter and fundraiser) said the health care law's changes — set to go into effect in 2014 — will result in higher costs for the company — which they vowed to pass onto consumers."

  • "The US wants China and Arab states to help foot the $3bn bill for a deal designed to unlock oil production and set Sudan and South Sudan back on the path to peace. "

  • "Hundreds of people in northern Mali have protested against plans by an Islamist group to amputate the hand of a thief, reports say. A second demonstration was held after a radio presenter was beaten by Islamist gunmen for urging residents of the town of Gao to back the protests."

  • "The United Arab Emirates has introduced new laws targeting investment funds, aiming to tighten the light-touch regulation of the past but raising concerns of new layers of bureaucracy in the country, home to the Middle East’s main financial hub. "

  • "The feds are investigating whether Sheldon Adelson's multibillion-dollar Las Vegas Sands Corp. violated money-laundering laws by failing to alert authorities when a pair of questionable high rollers transfered massive sums to its casinos, the Wall Street Journal reports."

  • "They call it “money camp.” Twice a week, 6- to 11-year-old scions of wealthy families take classes on being rich. They compete to corner commodities markets in Pit, the raucous Parker Brothers card game, and take part in a workshop called “business in a box,” examining products that aren’t obvious gold mines, such as the packaging on Apple Inc.’s iPhone rather than the phone itself. It’s all part of managing money for the wealthiest families, says Katherine Lintz, founder of Clayton, Missouri- based Financial Management Partners, which runs the camp for the children of clients. Supplying the families with good stock picks and a wily tax strategy isn’t enough anymore. These days, it’s about applying the human touch, she says."

  • "Chile is looking to the UAE's expertise in renewable energy and water to develop the Atacama Desert, which is known as the world's driest. In his first official visit to the UAE on Sunday, Alfredo Morena Charme, the Chilean foreign minister, visited Masdar City."

  • "Another day, another medals haul for China. On Wednesday its athletes added four golds and three silvers in diving, table tennis, swimming, shooting and weightlifting to the tally that has quickly established China at the top of the medals table. It looks likely to stay there until the end of the games. "

  • "The National Oceanic and Atmospheric Administration (NOAA) reports that researchers have found “elevated levels of caffeine at several sites in Pacific Ocean waters off the coast of Oregon.”"

  • "President Barack Obama has signed a secret order authorizing U.S. support for rebels seeking to depose Syrian President Bashar al-Assad and his government, sources familiar with the matter said."

  • "On the whole, the drought is not crippling oil and gas production, but companies are trying to cut their water consumption anyway, regulators, trade groups and companies told EnergyWire. The process of horizontal drilling and hydraulic fracturing, or fracking, can use anywhere from 4.1 million gallons of water in the Barnett Shale basin around Fort Worth, Texas, to between 6 million and 12 million gallons in the drought-prone Eagle Ford Shale in southern Texas."

  • The president of Belarus has sacked his air force and border security chiefs because a Swedish light plane managed to drop teddy bears into the country with labels calling for freedom. President Alexander Lukashenko expressed fury over the incident, which happened on 4 July.

Posted from Diigo. The rest of my favorite links are here.