Obama administration sees mid-October default deadline

WASHINGTON (Reuters) – The Obama administration warned Congress on Monday that the United States could run out of money to pay its bills soon after mid-October if lawmakers do not move swiftly to raise a limit on government borrowing.

U.S. seeks accountability for Syria gas attack, edges closer to military response

WASHINGTON (Reuters) – Secretary of State John Kerry laid the groundwork on Monday for possible military action against the Syrian government over a suspected chemical weapons attack, implicating President Bashar al-Assad’s forces in a “moral obscenity.”

Blavatnik wins $50m in JPMorgan lawsuit

JPMorgan is reeling from probes over allegations of misconduct, ranging from ‘London whale’ debacle to manipulation of commodities markets

Now With 10M Users, Wanelo Adds Search And ‘Stories’ To Its Hot Social Shopping App


Today Wanelo, the online platform that lets people discover and share things they “want, need, and love,” issued an update to its iOS app that brings two handy new features, search and “stories,” to its mobile shopping experience.

In general, Wanelo has emerged as a powerful player in the social shopping place since it launched back in 2010 — I’m told that Wanelo’s user count just passed the 10 million mark, which reflects nearly 70 percent growth in the past five months alone. The app’s core demographic, young fashion-savvy females, is certainly one of the most lucrative target markets out there — which may be why more than 200,000 stores have added their products to the Wanelo platform.

So this morning, I swung by Wanelo’s San Francisco headquarters to speak with founder and CEO Deena Varshavskaya about all the recent growth and get a hands-on look at the new mobile features.

The search feature is pretty self-explanatory — it lets users look for specific items, such as “black dress” or “pointed toe heels” — across the shops that they follow and the entire Wanelo platform. The “Stories” feature lets users create select and group together products and tie them all together with a short written explanation. It’s a nice addition, as it will let Wanelo users flex their editorial muscles and highlight certain trends.

Wanelo is certainly in a competitive space, as everyone from Pinterest to Polyvore to Vogue is working to be the go-to destination for stylish women with disposable income to burn. Varshavskaya says that Wanelo is set apart from the others in part because of the no-nonsense way that it facilitates shopping’s bottom line: actually buying stuff. “All the problems we’re solving are around shopping,” she says. “There are plenty of platforms… where you can see lots of images. But Wanelo is where you shop.”

Hundreds of dogs rescued in multi-state dog fighting case

AUSTIN, Texas (Reuters) – Some 367 pit bulls, many scarred and emaciated, have been rescued and a dozen people across the southeastern United States have been charged with dog fighting in what animal advocacy groups called one of the largest such raids in U.S. history.

Obama to see Putin at G20 summit in St Petersburg but meeting unclear

WASHINGTON (Reuters) – President Barack Obama will see Russian President Vladimir Putin next week at the G20 summit in St Petersburg, White House spokesman Jay Carney said on Monday, but whether they will hold an individual meeting was unclear.

Eight-year-old shot elderly woman after playing video game: police

NEW ORLEANS (Reuters) – An 8-year-old boy from rural Louisiana shot and killed his elderly caregiver just minutes after he finished playing a violent video game, police have said.