Foxconn’s Gou says tough to cope with iPhone demand

TAIPEI (Reuters) – Taiwan’s Foxconn Technology Group said on Wednesday the company’s flagship Hon Hai unit is finding it difficult to cope with the massive demand for Apple Inc‘s iPhones.“It’s not easy to make the iPhones. We are falling short of meeting the huge demand,” Foxconn Chairman Terry Gou told reporters after a business forum. However,...

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MTV Launches Fundraiser for “Jersey Shore” Site Ravaged by Sandy

LOS ANGELES (TheWrap.com) – “Jersey Shore” might be wrapping up its run, but the spirit of goodwill and humanity that the MTV reality hit has inspired will carry on.MTV will air a one-hour fundraising special to help out Seaside Heights, N.J., the site where Snooki and her fellow orange-hued revelers played out most of their televised shenanigans, and...

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Researchers Link High Blood Pressure to Brain Aging

California scientists have reported structural changes in the brains of adult patients who are relatively young and who also suffer from hypertension. Their findings directly link high blood pressure to brain aging.The project, led by University of California Davis researchers, is the first to demonstrate this relationship in people just entering middle...

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The Next Four Years: Obama’s Steady, Slo-Mo Recovery

President Barack Obama promises to use his second term to boost the U.S. economy. The opposite is more like it: A strengthening economy will boost the president’s second term. The likelihood of continued job growth will increase tax revenue, which will make it easier to shrink the budget deficit while keeping taxes low and preserving essential spending....

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Canada firms to capitalize on nuclear trade with India

NEW DELHI (Reuters) – Canadian firms will be able to export uranium and nuclear reactors to India for the first time in almost four decades under an agreement between the two nations, their prime ministers said, but more work is needed to implement the deal.Once implemented, the agreement will end a ban on nuclear cooperation Canada imposed in 1976 after...

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News Summary: IDC says Apple tablet share drops

HEADING DOWN: Apple‘s share of the market for tablet computers fell to 50 percent in the third quarter as the iPad faced more competition.STILL UP: In the July-September period, Apple shipped 14 million devices, up 26 percent from a year ago. But its share fell because the overall tablet market grew by 50 percent. FACTORS:...

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Springsteen, Jay-Z put the pop in Obama rally

COLUMBUS, Ohio (AP) — Someone has to introduce the president.On Monday, the final day of the presidential campaign, President Barack Obama, however, didn’t bring along an opening act. He brought along two main acts. Bruce Springsteen. Jay-Z. Theirs wasn’t an introduction, it was pop culture moment.The Boss was spending...

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Osbourne Has Double Mastectomy

Sharon Osbourne underwent a double mastectomy when she learned she carried a gene for breast cancer, she told Hello! magazine in an article that hit newsstands this morning.Although Osbourne, the wife of Black Sabbath front man Ozzy Osbourne, was not diagnosed with breast cancer, she was diagnosed with colon cancer in 2002, and said the experience prompted...

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The Polls Shift Toward Obama

Anxious poll watchers didn’t have to wait until 1 p.m. Monday to get the results of Gallup’s obsessively followed daily presidential tracking poll. That’s because Bloomberg Businessweek‘s Ira Boudway got ahold of them and published them early. The story they tell is the same one being reflected in other tracking polls: late movement toward President Obama.In...

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Cautious reformers tipped for new China leadership

BEIJING (Reuters) – China‘s ruling Communist Party will this month unveil its new top leadership team, expected to again be an all-male cast of politicians whose instincts are to move cautiously on reform.Sources close to the leadership say 10 main candidates are vying for seven seats on the party’s next Politburo Standing Committee, the peak decision-making...

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