Samsung puts lid on capex for first time since financial crisis

SEOUL (Reuters) – Samsung Electronics Co turned cautious on spending for the first time since the global financial crisis, keeping its annual investment plan unchanged at 2012 levels, as demand for computer chips wanes and the smartphone market slows.Samsung, one of the industry’s most aggressive spenders, has ramped up capital expenditure every year since 2004 except 2009 to meet soaring demand for...

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American Idol Auditions in Baton Rouge Are (Almost) Drama-Free

TV Watch American Idol By Steve Helling 01/24/2013 at 10:00 PM EST From left: Randy Jackson, Mariah Carey, Ryan Seacrest, Nicki Minaj and Keith Urban George Holz/FOX There were no catfights on Thursday's American Idol. No one stormed off the set. Everyone was on...

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Penalty could keep smokers out of health overhaul

WASHINGTON (AP) — Millions of smokers could be priced out of health insurance because of tobacco penalties in President Barack Obama's health care law, according to experts who are just now teasing out the potential impact of a little-noted provision in the massive legislation.The Affordable Care Act — "Obamacare" to its detractors — allows health insurers to charge smokers buying individual policies...

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S&P up for sixth day, Apple slip could halt rally

NEW YORK (Reuters) - The S&P 500 rose for a sixth day on Wednesday after stronger-than-expected profits from IBM and Google but the rally could be halted as Apple's after-hours miss sent its shares lower. The S&P was just 4.7 percent from its all-time closing high as IBM's and Google's earnings, released after Tuesday's close, followed on the heels of stronger U.S. economic data....

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India Ink: Report on India's Sexual Assault Laws Mixes Scathing Criticism With Proposed Changes

A special committee formed to recommend changes to India’s sexual assault laws after the fatal gang rape of a 23-year-old woman in New Delhi proposed far-reaching police and judicial reforms Wednesday, new liability for armed official personnel accused of committing sexual offenses and recognition of sex crimes against homosexuals.The report, more than 650 pages long, was prepared by a committee including...

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Apple’s iPhone disappointment fans doubt on growth

SAN FRANCISCO (Reuters) – Apple Inc missed Wall Street’s revenue forecast for the third straight quarter after iPhone sales came in below expectations, fanning fears that its dominance of the mobile industry was slipping.Shares of the world’s largest tech company fell 10 percent to $ 463 in after-hours trade, wiping out some $ 50 billion of its market value – nearly equivalent to that of Hewlett-Packard...

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Women have caught up to men on lung cancer risk

Smoke like a man, die like a man.U.S. women who smoke today have a much greater risk of dying from lung cancer than they did decades ago, partly because they are starting younger and smoking more — that is, they are lighting up like men, new research shows.Women also have caught up with men in their risk of dying from smoking-related illnesses. Lung cancer risk leveled off in the 1980s for men but...

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Asian shares inch higher on improving global confidence

TOKYO (Reuters) - Asian shares edged higher on Wednesday as investor appetite for riskier assets improved amid upbeat U.S. earnings and better German investor confidence. The yen stabilized after firming as realization sank in that monetary easing announced on Tuesday by the Bank of Japan had fallen short of some market expectations, though many analysts acknowledged that the BOJ was...

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India Ink: Supreme Court to Consider Moving Delhi Gang Rape Trial on Wednesday

The Supreme Court has delayed until Wednesday a hearing on a petition to move the gang rape trial from New Delhi.The petition by Manohar Lal Sharma, who represents one of the defendants, Mukesh Singh, was scheduled to be heard Tuesday but was deferred to Wednesday because the court did not have sufficient time to take it up.Mr. Sharma said in an interview that he was convinced his client would not...

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FTC study taking aim at online marketing of booze

LOS ANGELES (Reuters) – The Federal Trade Commission (FTC) plans this summer to recommend ways that the alcoholic beverage industry can better protect underage viewers from seeing its advertisements online.Distillers, brewers and wineries pour millions of dollars into brand promotion on Twitter, Facebook and other social media, and industry critics contend they are not doing enough to prevent young...

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