China’s Alibaba Group Q2 net profit doubles: SEC filing

SHANGHAI (Reuters) – China‘s Alibaba Group more than doubled its April-June net profit and grew sales by 71 percent for the period, proving the country’s largest e-commerce firm has shrugged off intensifying competition in the sector.Yahoo Inc which sold a partial stake in Alibaba back to the privately-owned group in September, still holds 24 percent of...

Read More..

Laughing in the storm: Comics don't shy from Sandy

NEW YORK (AP) — Comedian Dave Attell told a packed house at the Comedy Cellar that New York after Superstorm Sandy had a familiar feel. "It was dark. Toilets were backing up. ... It was pretty much like it always was."Another comic, Paul Mecurio, told the same crowd that he got so many calls from worried family members that he started making things up about how bad it was."I'm drinking my own urine...

Read More..

Well: Quitting Smoking for Good

Few smokers would claim that it’s easy to quit. The addiction to nicotine is strong and repeatedly reinforced by circumstances that prompt smokers to light up.Yet the millions who have successfully quit are proof that a smoke-free life is achievable, even by those who have been regular, even heavy, smokers for decades.Today, 19 percent of American adults smoke, down from more than 42 percent half...

Read More..

Some Parents, Shouldering Student Loans, Fall on Tough Times

Gretchen Ertl for The New York Times“Jenni feels the guilt and I feel the burden.” Michele Fitzgerald, in debt for the loans she took out for her daughter Jenni’s college education. When Michele Fitzgerald and her daughter, Jenni, go out for dinner, Jenni pays. When they get haircuts, Jenni pays. When they buy groceries, Jenni pays. It has been six years since Ms. Fitzgerald — broke, unemployed...

Read More..

Changing of the Guard: Chinese Communist Party Faces Calls for Democracy

BEIJING — As the Communist Party’s 18th Congress approached, Li Weidong, a scholar of politics, made plans to observe a historic leadership battle in one of the world’s great nations. Instead of staying in Beijing to monitor China’s once-a-decade transfer of power, Mr. Li boarded a plane. “I’m going to the United States to study the elections,” Mr. Li said in a telephone interview...

Read More..

Taiwan’s HTC settles patent disputes with Apple

TAIPEI, Taiwan (AP) — Taiwanese smartphone maker HTC Corp. has settled with Apple Inc. on their outstanding patent disputes.In a joint statement Sunday, the two companies said they also signed a 10-year license agreement that will extend to current and future patents held by one other. Apple and HTC had battled patents...

Read More..

War photography exhibit debuts in Houston museum

HOUSTON (AP) — It was a moment Nina Berman did not expect to capture when she entered an Illinois wedding studio in 2006. She knew Tyler Ziegel had been horribly injured, his face mutilated beyond recognition by a suicide bombing in the Iraq War. She knew he was marrying his pretty high school sweetheart, perfect in a white, voluminous dress.It was their expressions that were surprising."People don't...

Read More..

Mind Faded, Darrell Royal’s Wisdom and Humor Intact Till End

Three days before his death last week at 88, Darrell Royal told his wife, Edith: “We need to go back to Hollis” — in Oklahoma. “Uncle Otis died.” “Oh, Darrell,” she said, “Uncle Otis didn’t die.” Royal, a former University of Texas football coach, chuckled and said, “Well, Uncle Otis will be glad to hear that.” The Royal humor never faded, even as he sank deeper into Alzheimer’s...

Read More..

Hurricane Sandy and the Disaster-Preparedness Economy

Jeffrey Phelps for The New York TimesAn assembly line at a Generac Power Systems plant. Generac makes residential generators, coveted items in the wake of Hurricane Sandy. FOLKS here don’t wish disaster on their fellow Americans. They didn’t pray for Hurricane Sandy to come grinding up the East Coast, tearing lives apart and plunging millions into darkness. But the fact is, disasters are good...

Read More..

Citing Affair, Petraeus Resigns as C.I.A. Director

WASHINGTON — David H. Petraeus, the director of the Central Intelligence Agency and one of America’s most decorated four-star generals, resigned on Friday after an F.B.I. investigation uncovered evidence that he had been involved in an extramarital affair. Mr. Petraeus issued a statement acknowledging the affair after President Obama accepted his resignation and it was announced by the C.I.A....

Read More..