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South Korean giant Samsung Electronics posted an 8.0 percent fall in second quarter net profit Thursday and promised "flexible" pricing of its new flagship smartphone after less than stellar sales contributed to a slump in its mobile unit's earnings. The world's largest smartphone maker said net profit for the April-June period stood at 5.75 trillion won ($4.9 billion), down from 6.25 trillion won a year ago and slightly below analyst estimates. The market reacted negatively, with Samsung shares down 2.5 percent in morning trade.
CINCINNATI (AP) — A University of Cincinnati officer who shot a motorist during a traffic stop over a missing front license plate has been indicted on murder charges, a prosecutor said Wednesday, adding that the officer "purposely killed him" and "should never have been a police officer."
WASHINGTON (AP) — Air safety investigators have a "high degree of confidence" that a photo of aircraft debris found in the Indian Ocean is of a wing component unique to the Boeing 777, the same model as the Malaysia Airlines plane that disappeared last year, according to a U.S. official said Wednesday.