Sony CEO wields ax, sets turnaround targets

TOKYO (Reuters) - Less than a fortnight into his job as CEO, Kazuo Hirai sketched out a strategy to revive Sony Corp: a major push into smartphones, growth in games and cameras, and big cost cuts in a TV business that has not made a profit in eight years. The Sony veteran, in his first public briefing as CEO, also targeted new business in medical equipment and electric car batteries, and set a target for group sales of 8.5 trillion yen ($105 billion) in two years, with an operating margin of more than 5 percent. ...

Need help avoiding hangover? Less booze, more H2O (AP)

AP - Attorney Colleen Gorman has a holiday ritual that doesn't involve buying presents or counting down to midnight: She goes online to look for new hangover remedies she hasn't tried.