Samsung Electronics announced profits of more than $8 billion for the final quarter of 2012. Samsung's Japanese competitor Sony unveiled a water resistant smartphone at the Consumer Electronics Show in Las Vegas.
Originally published on Tue January 8, 2013 4:51 am
Federal officials along with investigators from Boeing are trying to determine what caused a fire to break out on a new 787 jet parked at the Boston airport Monday. The fire, in an auxiliary power unit, is just the latest in a string of electrical systems problems on Boeing's flagship airplane.
Some of the biggest banks in the country have agreed to pay more than $18 billion to settle allegations of wrongdoing in their mortgage lending. And in a separate settlement, 10 banks agreed to pay more than $8 billion to settle claims they made errors in foreclosing on people's homes.
Originally published on Tue January 8, 2013 5:25 am
Chuck Hagel would be the first Defense secretary to have worn the uniform of an enlisted man, and also the first to have fought in Vietnam. Hagel won two purple hearts, and still carries some of the scars and shrapnel from that war. Obama says that makes him the kind of Pentagon leader that U.S. troops deserve.
Let's hear now two critical views of the foreign policy and national security team that President Obama is assembling for his second term. Yesterday, the president nominated his longtime aide John Brennan as director of the CIA. He named Chuck Hagel, a former Republican senator, as secretary of Defense.
President Obama and Afghan President Hamid Karzai greet each other during a May 20 meeting at the NATO Summit in Chicago. Karzai is in Washington, D.C., this week to meet Obama and other senior U.S. officials.
Afghan President Hamid Karzai is in Washington this week for meetings with President Obama and other senior administration officials. The talks are expected to help set the framework for U.S. involvement in Afghanistan after the bulk of American and NATO forces leave at the end of 2014. One of the key issues to be discussed is the number of American troops to remain in Afghanistan after that date.
Quiara Alegria Hudes' Pulitzer Prize-winning drama, Water by the Spoonful, opens off-Broadway on Tuesday. Above, Bill Heck as Fountainhead and Frankie R. Faison as Chutes & Ladders in the play, directed by Davis McCallum.
Armando Riesco's character Elliot was inspired by Hudes' cousin, also named Elliot. Riesco has played Elliot throughout the trilogy. He's pictured above in Water by the Spoonful with Zabryna Guevara, who plays Yazmin Ortiz.
The cliche about writers is they should write what they know, and that old saw has certainly worked for Quiara Alegria Hudes. The 35-year-old playwright has mined her Puerto Rican family's stories into a series of plays, a musical and even a children's book. Now, her Pulitzer Prize-winning drama, Water by the Spoonful, is being brought to life in the first New York production of the play, opening off-Broadway on Tuesday evening.
A supporter of Venezuela's President Hugo Chavez holds a heart-shaped sign that reads in Spanish "I vote for Chavez!" and a picture of Chavez outside the National Assembly in Caracas over the weekend. On Thursday, Chavez is scheduled to be sworn in for a fourth term. Government officials are suggesting the ceremony could be delayed as the president recovers from cancer surgery in Cuba.
In the Bolivar Plaza of downtown Caracas, supporters of Venezuelan President Hugo Chavez arrive carrying photographs of their leader and singing songs urging him on. Music blares from loudspeakers, repeating over and over, "Chavez, my commander, is here to stay."
Chavez, however, is most definitely not here, and increasingly many Venezuelans wonder if he'll ever be back. He flew to Cuba, Venezuela's closest ally, for an operation that took place on Dec. 11. Before leaving for his fourth cancer surgery, Chavez named a successor.