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National News

Downsizing in Los Angeles: Mansion to Condo

NEW YORK TIMES
A New York-style luxury high-rise lifestyle is creeping into the wealthiest echelons of society in Los Angeles.

A Trained Eye Finally Solved the Anthrax Puzzle

NEW YORK TIMES
Scientists used techniques not invented in 2001 to trace anthrax to its source, a flask in Bruce Ivins?s custody.

Report Rejects Medicare Boast of Paring Fraud

NEW YORK TIMES
Medicare officials? 2006 statements that they had reduced the number of fraudulent and improper claims were misleading, a draft report says.

Business News

Producer Prices Rose 1.2% in July

WALL STREET JOURNAL - US BUSINESS
Producer prices surged last month to their highest annual rate in 27 years, showing inflation is still running high even as the U.S. economy slows. Most Fed officials are betting inflation will moderate in coming months, but some policy makers remain uneasy about price increases spreading through the economy.

Reliance Eyes Cellphone Game Makers

WALL STREET JOURNAL - US BUSINESS
India's Reliance ADA is hunting for U.S. acquisitions in the mobile-content market, seeking to extend its U.S. foothold beyond movies.




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