Kia Motors posts 6.7% fall in Q4 net profit

SEOUL: South Korea's Kia Motors on Friday reported a 6.7 percent fall in its fourth-quarter net profit, blaming a stronger won and compensation payouts to US customers for inflated gas-mileage claims.Consolidated net profit for the three months ended December 31 fell to 737.5 billion won ($689 million) from 790.4 billion won a year earlier, the country's second largest automaker said in...

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Te'o reveals biggest regret

STORY HIGHLIGHTSNEW: Te'o says he was embarrassed to discuss girlfriend upon learning she was fakeNEW: But while admitting some were misled, he says he "didn't lie" publicly Te'o has his first on-camera interview since news broke of the girlfriend hoax"I wasn't as forthcoming about (the story), but I didn't lie," he tells Katie Couric(CNN) -- He had wanted to help someone in need, this beautiful girl...

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Battery expert: "I would not fly in a Dreamliner"

(CBS News) WASHINGTON - Investigators say they still don't know what caused batteries to burn in two Boeing 787 Dreamliners, and until they figure that out and how to fix the problem, none of the planes will be allowed to fly. More than any other plane, the Dreamliner relies on lithium ion batteries to help power its advanced electrical system. They're lighter and more powerful than older battery...

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It's Official: Women Will Serve in Combat

Women will soon be able to serve in combat, as things officially changed with the stroke of a pen today at the Pentagon.At a joint news conference, Secretary of Defense Leon Panetta and Joint Chiefs of Staff Charman Gen. Martin Dempsey signed a memorandum rolling back a 1994 directive prohibiting women from doing so."They serve, they're wounded, and they die right next to each...

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Wallace: Wonders of nature have been solace of my life

Alfred Russel Wallace discovered natural selection independently of Charles Darwin. Through his letters, available online for the first time, he tells us of his research, expeditions and enduring fascination for nature's mysteries. You are famously joint author, with Darwin, of the first paper describing...

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Tennis: Li shocks Sharapova to reach Australian Open final

MELBOURNE: China's Li Na stormed into the final of the Australian Open with a straight-sets win over Maria Sharapova, leaving her one victory away from her second major title.Li, 30, defeated the world number two 6-2, 6-2 in 1hr 33min and will now meet the winner of Thursday's second semi-final between world number one Victoria Azarenka and American teenager Sloane Stephens."Every time...

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Martin: You want black votes, GOP?

Roland Martin says one reason the GOP draws mainly white voters is its leaders' reluctance to reach out and listen to minorities.STORY HIGHLIGHTSRoland Martin: GOP National Committee's Priebus dodges appearing on Martin showsHe says GOP leaders in general avoid interacting with blacks; they lose black votes this wayHe says GOP leaders seem to think blacks don't have same concerns as all AmericansMartin:...

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Romney to be honored Friday at D.C. luncheon

Mitt Romney will make it to Washington, D.C. for inauguration week after all. The 2012 GOP presidential nominee and his wife Ann are scheduled to attend a luncheon in their honor Friday at Washington's J.W. Marriott hotel, National Journal reported this afternoon. The reception will be hosted by two of Romney's biggest campaign fundraisers: Virginia philanthropist Catherine Reynolds and hotel...

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Pentagon to Allow Women in Combat

Defense Secretary Leon Panetta will lift a longstanding ban on women serving in combat, according to senior defense officials.The services have until this May to come up with a plan to implement the change, according to a Defense Department official.That means the changes could come into effect as early as May, though the services will have until January 2016 to complete the...

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MIT website hacked in tribute to Aaron Swartz

Hal Hodson, technology reporterA tribute to internet activist Aaron Swartz replaced the homepage for the Massachusetts Institute of Technology today, in an apparent act of protest over the university's role in the legal case that led up to Swartz's suicide on 11 Jan.For a short time, visitors to the MIT.edu home page found a message that read: "R.I.P. Aaron Swartz. Hacked by grand wizard of Lulzsec,...

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