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Sony plans to overhaul lossmaking TV division

Sony Corp will pull together plans this month to restructure its lossmaking television business and even consider teaming up with other firms, a senior executive said this week, days after the company cut its full-year net profit forecast.
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mexican smuggling

Maritime Smuggling to California on the Rise

When U.S. Immigration agents found a boatload of Mexican castaways huddled on a Malibu beach, and a larger group marooned a week later on an island north of Los Angeles, they realized it was a new trend.
Time to explore post-prohibition model by decriminalizing drugs

Marijuana Ban is a Failed Model, Say Experts

Indiana state lawmakers, who are analyzing the implications of amending its drug laws to decriminalize marijuana, were told by a panel of experts that the prohibition of marijuana in U.S. is a failed model and Indiana stands a chance to benefit from decriminalizing marijuana.
Display of Colgate toothpaste is seen on store shelf in Westminster

Latin America helps Colgate, Avon during U.S. slump

Big gains in Latin America covered up U.S. declines at Colgate-Palmolive Co (CL.N) and Avon Products Inc (AVP.N), with the world's largest direct seller of cosmetics seen as having a harder road to recovery.
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China pork buying talk lifts hogs

U.S. hog futures advanced on Thursday on renewed talk China may be seeking more U.S. pork, record high wholesale pork prices and higher live cash hog markets in the U.S. Midwest.
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Teavana shares soar in trading debut

Shares of specialty tea retailer Teavana Holdings Inc surged as much as 73 percent on their trading debut on Thursday, as investors gravitate toward specialty consumer foods.
Bob Bradley

Bob Bradley Out as U.S. Soccer Coach

U.S. Men's National Team soccer coach Bob Bradley has been relieved of his duties on Thursday, after calls for his demise have increased in recent weeks.
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Tropical Storm Don nears Texas coast

Tropical Storm Don, the fourth named storm of the Atlantic hurricane season, was churning northwestward across the southern Gulf of Mexico toward the Texas coast.
Lochte Beats Phelps

Lochte breaks record, Magnussen ends wait

Ryan Lochte became the first swimmer to break a long course world record since controversial polyurethane swimsuits were banned last year while James Magnussen ended a far longer Australian wait at the world championships Thursday.
Tropical Storm Dan

Tropical Storm Don: Why Texas Residents are Welcoming the Storm

South Texas is the most drought-plagued area in the United States right now and Tropical Storm Don, brewing in the Gulf of Mexico, will likely bring much needed rain to the region when it hits the South Texas coast late Friday or early Saturday morning.
Tropical storm Don

Tropical Storm Don Heads Towards Texas Coast

The Tropical Storm Don in the southern Gulf of Mexico is heading towards the Southeastern Texas coast and is expected to rain in Texas by late Friday, National Weather Service reported.

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