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Samsung foresees bigger profit in 2017 as memory chips soar
(AP Photo - Ahn Young-joon)
By YOUKYUNG LEE
From Associated Press
April 26, 2017 11:17 PM EST
SEOUL, South Korea (AP) — Samsung Electronics reported its best quarterly profit in more than three years Thursday and forecast improvement for the full year as its semiconductor division posted its highest income ever.
NEW YORK (AP) — Giving workers a raise, investing in new machinery. Small business owners have long wish lists to choose from if the Trump administration's plan to lower tax rates becomes law — but most don't expect to go on a hiring binge.
WASHINGTON (AP) — The White House and congressional Democrats on Wednesday defused a tense standoff over payments for the working poor under the health care law, keeping a massive government spending bill on track just days ahead of a shutdown deadline.
CANBERRA, Australia (AP) — Australia's prime minister warned energy companies on Thursday that they would be restricted from exporting gas if Australians are not also provided with adequate supplies at internationally competitive prices.
SEOUL, South Korea (AP) — South Korea, Asia's fourth-largest economy, grew at the fastest clip in nearly a year thanks to recovery in exports, the central bank said Thursday, despite a backlash from Chinese consumers over the deployment of a U.S.
NEW YORK (AP) — ESPN is laying off about 100 employees, including former athletes-turned-broadcasters Trent Dilfer, Len Elmore and Danny Kanell, in a purge designed to focus the sports network on a more digital future.
WASHINGTON (AP) — Ivanka Trump has been involved in discussions with the World Bank about establishing a funding operation that would support female entrepreneurs, bank and administration officials said Wednesday.
AMIENS, France (AP) — Far-right presidential candidate Marine Le Pen turned an appliance factory into a battleground Wednesday for France's blue-collar vote, upstaging rival Emmanuel Macron with a surprise campaign stop at the plant threatened with closure.
WASHINGTON (AP) — President Donald Trump "has no intention" of releasing his tax returns to the public, Treasury Secretary Steve Mnuchin said Wednesday, asserting Americans have "plenty of information" about the president's financial matters.
NEW YORK (AP) — "Net neutrality" regulations, designed to prevent internet service providers like Verizon, AT&T, Comcast and Charter from favoring some sites and apps over others, are on the chopping block.
NEW HAVEN, Conn. (AP) — As a union push stalls at Yale University, organizers are stepping up pressure to bring the administration to the negotiating table, including a vow by some graduate students to go on a hunger strike until talks begin.
WASHINGTON (AP) — The Latest on President Donald Trump's tax overhaul (all times EDT): 2:45 p.m. Top Trump administration officials insist the president's proposed tax plan, which would slash corporate and individual tax rates, will not add to the deficit.
Health insurers are pressing President Donald Trump and Congress to guarantee a crucial customer subsidy for the Affordable Care Act's shaky insurance exchanges, and one of the biggest carriers has thrown in its participation as bargaining chip.
WASHINGTON (AP) — Congress is close to a deal to extend health benefits for more than 22,000 retired miners and widows whose medical coverage is set to expire Sunday, coal-state lawmakers said Wednesday.
NEW YORK (AP) — You'd think Twitter would be able to milk its status as President Donald Trump's megaphone. But the company still faces stagnant user growth, has never made a profit and even reported a quarterly revenue decline Wednesday, a first since going public.
NEW YORK (AP) — Halfway through Valentine's Day, florist Ajay Kori realized he was in the midst of a disaster. His company wasn't going to be able to deliver many of the promised roses and other flowers by the end of the day.