Andy Murray beats Roger Federer for gold a month after Wimbledon loss

WIMBLEDON, England (AP) -- Andy Murray put his hands over his face when it was over, then crouched down as Centre Court roared. He quickly popped back up and went to the net to shake Roger Federer's hand.

One month after anguish at Wimbledon, it was elation in the Olympics - all in the same spot.

Murray used an aggressive approach to beat Federer 6-2, 6-1, 6-4 for the men's singles title, delighting a partisan crowd that had watched the dour Scotsman wilt in his biggest matches all too often.

Not this time.

Sunday's victory marked a career breakthrough for Murray. He has dropped all four of his Grand Slam finals, three against Federer, including the devastating loss at the All England Club a month ago.

"It has been the best week of my tennis career by a mile," Murray said. "I've had a lot of tough losses. This is the best way to come back from the Wimbledon final. I'll never forget it."

Bull's-eye! Aided by Hollywood, iconic venue, archery hit the target in London

LONDON (AP) -- Maybe it's the effect of "The Hunger Games" and bow-and-arrow-toting heroine Katniss Everdeen, or the lure of competing at a 200-year-old venue. Or maybe it's the Robin Hood factor.

Whatever the reason, archery is hot at the London Olympics - sometimes hotter than anything else NBC showed on its cable channels during the opening week of the games.

Much the same way curling became the can't-miss niche sport of the Vancouver Games two winters ago, archery shined in London.

"The profile of our sport," said Brady Ellison, the world's top-ranked archer who helped the U.S. win a team silver medal, "has never been higher."

Berkshire Hathaway's 2Q profit declines 9 percent

OMAHA, Neb. (AP) -- Second-quarter profits at Warren Buffett's Berkshire Hathaway Inc. fell 9 percent because of bigger paper losses on derivatives the company sold, but many of its subsidiaries performed well.

The company reported that profits were up in Berkshire's insurance units. And business improved at the conglomerate's utility, railroad, manufacturing and retail businesses.

"It was obviously a solid rebound in insurance, but what was really terrific was the non-insurance subsidiaries," said David Rolfe, chief investment officer at Wedgewood Partners, which invests in Berkshire.

The Burlington Northern Santa Fe railroad added $802 million to Berkshire's net income this year, up from $690 million a year ago. Revenue at the railroad grew about 6 percent thanks to fuel surcharges and a 2 percent increase in total shipping volume. More shipments of consumer goods and industrial products offset weak coal demand.

India left in dark by utilities losing $10B a year

MUMBAI, India (AP) -- A decade ago, Chandrakant's fishing village in India's financial capital Mumbai lived mostly by candlelight. What people did not have - electricity - they stole.

It was easy enough to hook onto the two thin power lines that passed over the village and take a little for themselves.

Today, his settlement has moved up the feeding chain of Mumbai neighborhoods and most residents have city electricity meters. But the loose habits of the past persist. Residents still steal power on special occasions, weddings or funerals that need to be lit brighter than their home meters can bear.

An electrician like Chandrakant - who asked that his full name and that of his neighborhood not be revealed because of his illegal activity - just hooks onto one of four main distribution lines in the village, with the quiet approval of local officials.

India's power sector is lousy with thieves. Men like Chandrakant are the least of them.

Samsung vies for spotlight ahead of iPhone launch

SEOUL, South Korea (AP) -- Samsung Electronics Co., the world's largest mobile-phone maker, said Friday it plans to show a new mobile device in late August, trying to stay in the consumer spotlight ahead of Apple's expected release of the latest iPhone in September.

The move comes as Samsung is ensnarled in a closely-watched courtroom fight with Apple Inc. over smartphone and tablet patents. Each side is seeking billions of dollars in compensation or royalty payments.

The South Korean company said the new device will be unveiled Aug. 29 in Berlin, two days before Europe's biggest consumer electronics show, IFA. The company declined to give more details.