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(134 Stories)
  • Early Glance: Railroad companies

    Shares of some top railroad companies are down at 10 a.m.: CSX fell $.33 or .9 percent, to $35.08. Canadian National Railway Co. fell $.34 or .5 percent, to $69.04. Canadian Pacific Railway Ltd. fell $1.72 ...

  • Hong Kong's loud American defies pro-Beijing 'smear campaign'

    By Greg Torode HONG KONG (Reuters) - China has often accused "foreign forces" of trying to destabilize free-wheeling Hong Kong during the current pro-democracy protests, with a garrulous expat American emerging as a key target of attack. Mark Simon, the right-hand man of pro-democracy newspaper magnate Jimmy Lai, has moved his family out of Hong Kong for safety and has been pressed to deny that he is a U.S. spy. ...

  • Apple's Cook: 'I'm proud to be gay'
    Apple's Cook: 'I'm proud to be gay'

    Apple Inc CEO Tim Cook on Thursday became the most prominent American corporate leader to come out as being gay, saying he was trading off his closely guarded privacy for the chance to help move forward civil rights. The Alabama native, who has spoken out against discrimination of lesbian, gay, bisexual and transgender (LGBT) people, declared his sexual orientation in a magazine editorial, confirming a fact widely known in the close-knit Silicon Valley tech community but rarely discussed. Cook's announcement comes as gay marriage is becoming widespread, but the nation is still divided over gay rights.

  • Samsung's Q3 profit plunges to near three-year low
    Samsung's Q3 profit plunges to near three-year low

    Samsung reported its smallest quarterly profit in nearly three years on Thursday as its key smartphone business faltered under competition from Apple's iPhone6 and Chinese handset makers in an increasingly saturated market. Operating profit also dropped 60 percent from a year ago to 4.06 trillion won, while sales tumbled about 20 percent to 47.4 trillion won, Samsung said in a statement. Samsung has a diverse product line ranging from memory chips to home appliances, but it's the mobile division that had driven the company's record profit surge of recent years. The current slump was starkly reflected in the fact that the mobile unit's operating profit in the third quarter accounted for 43 percent of the company's total, compared to 76 percent just six months ago.

  • Sweden recognises Palestinian state, draws Israeli anger

    Sweden on Thursday officially recognised the state of Palestine, becoming the first major European country to do so, in a move hailed as "historic" by Palestinians but denounced by Israel. "Today the government takes the decision to recognise the state of Palestine," Foreign Minister Margot Wallstroem wrote in the mass-circulation Dagens Nyheter daily, less than a month after Sweden's new government announced the plans to make the controversial move. Sweden's move comes as Israeli-Palestinian tensions soar in Jerusalem following months of almost daily clashes in the city's occupied eastern sector. "All countries of the world that are still hesitant to recognise our right to an independent Palestinian state based on 1967 borders, with east Jerusalem as its capital, (should) follow Sweden's lead," his spokesman quoted him as saying.

  • Putin spokesman tells press to 'shut trap' on cancer rumours
    Putin spokesman tells press to 'shut trap' on cancer rumours

    President Vladimir Putin's spokesman on Wednesday ridiculed US media reports that the Russian strongman may be suffering from cancer, saying he was fine and that journalists should "shut their trap". Dmitry Peskov blasted those behind speculation that the 62-year-old Putin -- who has long cultivated an action-man image -- was in ill health. The New York Post on Friday cited "sources" as saying Putin was suffering from pancreatic cancer, one of the deadliest forms of the disease.

  • U.S. focuses on Islamic State targets near Kobani, Syria: U.S. Central Command

    WASHINGTON (Reuters) - U.S. forces staged 10 air strikes on Islamic State targets near the Syrian city of Kobani since Wednesday, U.S. Central Command said. The raids in the Kobani area were among 12 in Syria by U.S. fighters and bombers. The Kobani strikes hit two small Islamic State units and destroyed seven fighting positions and five buildings, Central Command said. Strikes also damaged an Islamic State headquarters building near Dayr Az Zawr and a security building near Ar Raqqah. U.S. ...

  • Lava 100 feet from Hawaii home, nearing main road
    Lava 100 feet from Hawaii home, nearing main road

    PAHOA, Hawaii (AP) — Rain fell Wednesday on a red-hot river of lava as it threatened to consume its first home on its slow advance into a rural Hawaii town.

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