Baidu posts biggest profit decline since going public

(Reuters) - Baidu Inc , China's largest Internet search company, posted its steepest-ever quarterly profit decline and slowest growth in revenue in nearly eight years, hit by a healthcare scandal that ensnared the company this year. Public uproar has hounded Baidu after a student suffering from a fatal form of cancer blamed the company for directing him to suspect and ultimately ineffectual treatment. Regulators responded by slapping curbs on the firm's lucrative healthcare advertising business,