Samsung posts 30 percent profit plunge on Note 7 crisis
Samsung Electronics on Thursday reported an expected 30 percent profit plunge on the back of a highly damaging recall crisis that hammered the reputation of the world's largest smartphone maker. Samsung said its operating profit for the July-September period stood at 5.2 trillion won ($4.6 billion), compared with 7.3 trillion won a year ago. The profit slump was in line with a revised earning estimate issued by Samsung two weeks earlier after it killed off its flagship Galaxy Note 7 smartphone due to devices overheating and bursting into flames.
Adopted and brought to US, South Korean man to be deported
10 Things to Know for Thursday
To applause and boos, Kerry urges Congress to ratify Pacific trade pact
By Dave McKinney CHICAGO (Reuters) - Failure to approve the Trans-Pacific Partnership trade deal would be a major setback for U.S. interests in Asia as Washington seeks to deepen alliances in the region, Secretary of State John Kerry said on Wednesday, urging Congress to ratify the pact. The 12-nation Pan-Pacific trade deal championed by President Barack Obama has been pilloried by both major-party nominees in the U.S. presidential race, Democrat Hilary Clinton and Republican Donald Trump. While Republicans have traditionally backed free trade deals, Trump has blamed them for U.S. job losses and threatened to rip them up or renegotiate them if he wins the Nov. 8 election.
The Latest: Cubs fan toys with Trevor Bauer before Game 2
The Latest on the World Series (all times Eastern): ___ 8:35 p.m. Who says Cleveland pitcher Trevor Bauer doesn't have a sense of humor? Bauer tweeted a picture before Game 2 that featured a small drone ...
Riders break windows to escape after train's motor overheatsBOSTON (AP) ? A Boston commuter train's motor has overheated, causing the train to fill with smoke and panicked passengers to break windows to escape.
Asia shares slip after Apple results hit Wall Street, dollar off highs
TOKYO (Reuters) - Asian shares edged down on Thursday after disappointing earnings from technology giant Apple dragged on Wall Street, while the dollar remained shy of this week's nearly nine-month highs.
2 quakes rattle Italy, crumbling buildings and causing panic
ROME (AP) ? A pair of strong aftershocks shook central Italy late Wednesday, crumbling churches and buildings, knocking out power and sending panicked residents into the rain-drenched streets just two months after a powerful earthquake killed nearly 300 people.
Samsung reports sharp fall in profit on Galaxy Note 7 recall
SEOUL, South Korea (AP) ? Samsung Electronics reported a sharp fall in its quarterly earnings Thursday as the unprecedented recall and discontinuation of the Galaxy Note 7 smartphones wiped out its mobile profit.
Philippine leader affirms US alliance despite tough talk
TOKYO (AP) ? The leaders of Japan and the Philippines agreed to cooperate in promoting regional peace and stability and acknowledged the importance of their alliances with the U.S., after the tough-talking Rodrigo Duterte said he wants his country to be free of foreign troops and criticized American foreign policy.