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Sharp predicts net profit it needs to win bank bailout: Kyodo

TOKYO - Cash-strapped Sharp Corp is predicting a net income of 15 billion yen ($188 million) for the next business year, part of a plan to return to the profit it needs to win a bailout from its main banks, Kyodo news reported on Tuesday.

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UPDATE 1-Sharp predicts net profit it needs to win bank bailout-Kyodo

TOKYO, Sept 25 - Cash-strapped Sharp Corp is predicting a net income of 15 billion yen ($188 million) for the next business year, part of a plan to return to the profit it needs to win a bailout from its main banks, Kyodo news reported on Tuesday.

Stocks, Markets, Earnings, Cyclical Consumer Goods, Industrials, Technology, Financials, 10:49pm EDT

Foxconn reopens huge China factory after riot

TAIYUAN, China - A Chinese factory owned by iPhone assembler Foxconn resumed production on Tuesday after a riot involving 2,000 workers had forced it to close for 24 hours, in an incident that put Chinese labor conditions back under the microscope.

Tech, 10:21pm EDT

UPDATE 1-Foxconn reopens huge China factory after riot

TAIYUAN, China, Sept 25 - A Chinese factory owned by iPhone assembler Foxconn resumed production on Tuesday after a riot involving 2,000 workers had forced it to close for 24 hours, in an incident that put Chinese labour conditions back under the microscope.

Industrials, Technology, Markets, Stocks 10:15pm EDT

YouTube-funded show makes first leap to network TV

SAN FRANCISCO - U.S. TV network ABC will in October start broadcasting a cooking show that began as part of YouTube's "Original Channels" initiative, the first such deal to take a YouTube-funded program to national TV.

Tech, 10:05pm EDT

UPDATE 1-Warner Music veteran Cohen to leave company

LOS ANGELES, Sept 24 - Warner Music Group executive Lyor Cohen will resign from the company this month after an eight-year tenure during which he steered the company through a revamp under new ownership and found success with artists from Cee Lo Green to Josh Groban.

Stocks, Markets, Cyclical Consumer Goods, 9:33pm EDT

YouTube-funded show makes first leap to network TV

SAN FRANCISCO, Sept 24 - U.S. TV network ABC will in October start broadcasting a cooking show that began as part of YouTube's "Original Channels" initiative, the first such deal to take a YouTube-funded programme to national TV.

Stocks, Markets, Cyclical Consumer Goods, Technology, 9:29pm EDT

Actress Bonnie Franklin diagnosed with pancreatic cancer

LOS ANGELES, Sept 24 - Actress Bonnie Franklin, who starred as the harried single mother of two teenage girls on the 1970s and '80s television comedy "One Day at a Time," is being treated for pancreatic cancer, her family said in a statement on Monday.

Cyclical Consumer Goods, 9:27pm EDT

Foxconn China plant closed after 2,000 riot

TAIYUAN, China/TAIPEI - About 2,000 Chinese employees of an iPhone assembly company fought a pitched battle into the early hours of Monday, forcing the huge electronics plant where they work to be shut down.

Tech, 9:25pm EDT

Huawei sees smartphones leading growth in consumer devices

SHENZHEN, China - Huawei Technologies Co Ltd, the world's sixth-biggest maker of mobile phones, is looking to its smartphones to outpace global growth rates and drive a consumer gadgets business that will rival its flagship telecoms gear in revenue.

Tech, 9:04pm EDT

MediaFile

Why I won’t be getting an iPhone 5

Don't get me wrong. I'm not abandoning the iPhone, or any smartphone — at least not yet. But the early-adopter instinct to upgrade to the newest device every year no longer applies. With viable 7-inch tablets starting to appear, this marks the beginning of the end of the smartphone’s dominance over our hearts and minds.

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