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Arianna Huffington: A look at the winner in new online acquisition spree

All smiles
Huffington launched the news site more as a commentary outlet and an alternative to other conservative news sites by inviting Arthur Schlesinger Jr. to blog, who would fax his blogs. That's not blogging, Arthur used to criticise her. Now with the takeover by AoL, Arianna will become a boss of the entire editorial content of AoL channels.
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Outdoors: Screened Porch Roundup

As summer slips away, we find ourselves thinking about how screened porches extend the seasons. Here's a roundup of some favorites.
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Cuomo widens insurer probe with 6 more subpoenas

New York Attorney General Andrew Cuomo has subpoenaed six more insurers as the state widens a probe into whether life insurance companies have defrauded families of deceased members of the military.
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Gold holds below $1,185/oz as ETF dips further

Gold held below $1,185 an ounce in Europe on Tuesday, supported by physical demand after this month's slip and a softer dollar, but with a dip in holdings of the largest gold exchange-traded fund undermining sentiment.
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Instant view: New home sales exceed forecasts for June

Sales of new U.S. single-family homes rebounded strongly in June from the prior month's record low, government data showed on Monday, driving the number of houses on the market to their lowest level in nearly 42 years.
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Facebook unrestrained amid NY ownership lawsuit

Facebook may continue business as usual while it fights a New York man's claim he has a contract with founder Mark Zuckerberg that entitles him to 84 percent ownership of the world's leading social networking site, a U.S. court heard on Tuesday.
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Gold slips to two-month low as risk premium recedes

Gold fell more than 1 percent to a two-month low at $1,178.40 an ounce on Monday as sharper appetite for assets seen as higher risk, like equities and industrial commodities, dented the metal's appeal as a haven.
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Gold eases below $1,190

Gold eased below $1,190 an ounce in Europe on Monday, extending the previous week's 1.5 percent fall, due to lower investment demand for the precious metal as appetite for other assets improved. Spot gold was bid at $1,189.55 an ounce at 1112 GMT, against $1,193.10 late in New York on Friday. U.S. gold futures for August delivery rose $2.00 an ounce to $1,190.20.
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Soros says U.S. bank reform good but too early

Billionaire investor George Soros on Friday said the just-passed U.S. financial overhaul bill will impose new regulations on the banking system before the banks have recovered sufficiently to cope with new restrictions on their activities.
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Soros says financial reform good but too early

Billionaire investor George Soros on Friday said the just-passed U.S. financial reform bill will impose new regulations on the banking system before the banks have recovered sufficiently to cope with new restrictions on their activities.
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Futures point to higher open after JPMorgan, data

U.S. stock index futures pointed to a higher open on Thursday as JPMorgan Chase & Co reported better-than-expected earnings and initial jobless claims fell to their lowest level in nearly two years.

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