Hacked Personal Data Widely Available in China
The personal data of 10 million China Mobile subscribers was just one batch of hacked data available for sale by a group recently arrested by ...
Business
Chinese Loses Competitive Edge in Apparel, Shoes
The apparel and footwear industries, once China's manufacturing mainstays, are rapidly shifting to lower-wage nations.
China Buys 2nd Major Canadian Oil Company
One of China's national energy companies bought a major Canadian oil and natural gas company for $2.1 billion in China's second acquisition this year of ...
Edward Jung Calls for New Large-Scale Innovation Model
Edward Jung sees the need for an entirely new scale of innovation to tackle today's big problems.
China to Become Daimler-Benz's No. 2 Shareholder
The maker of Mercedes-Benz luxury cars and industrial vehicles will sell a 5-10% stake to China's sovereign wealth fund.
S. Korea Inks $1.1 Bil. Deal to Sell Subs to Indonesia
Daewoo Shipbuilding has signed S. Korea's largest-ever arms export deal Wednesday under which it will sell three submarines to Indonesia for $1.1 bil.
Hot Money Seen Flowing Out of China As Yuan Slides
China's four major state-owned banks have seen deposits fall by 400 billion yuan ($63 billion) in the first ten days of December.
Toyota in Talks to Start Buying Parts from Hyundai
In yet another sign of the eroding market position of Japan's leading carmakers, Toyota may follow other Japanese automakers in importing key parts from South ...
David Eun Hired to Head Up Samsung Media Push
Former AOL Media and Studios President David Eun will head up Samsung's global media strategy.
China Slaps Duties on US Cars As Trade Tiff Escalates
Cars made in the US will have anti-subsidy and anti-dumping duties imposed on them effective December 15.
Hong Kong Tops US, UK in Global Financial Development Survey
Hong Kong has passed the US and the UK to become the first Asian market to become the most highly developed global financial center.
Bhushan Sopori Uses Light to Boost Solar Cell Efficiency
Bhushan Sopori's optical oven saves half the energy used in baking solar cells while boosting their photovoltaic efficiency.
Foxconn Posts Record Revenues in November
Strong demand for Apple iPhones and iPads has helped Taiwan-based OEM Foxconn post record revenues of NT$300 billion ($10 bil.) in November.
GM to Invest $700 Mil. in 8 Chevy Volt Plants
General Motors Co. said Monday it will spend $700 million at eight Michigan facilities to get its new rechargeable electric car road-ready
UAL Seeks Transpacific Joint Venture with ANA
A United Airlines executive says the carrier wants to pursue a joint venture with Continental Airlines and Japan's All Nippon Airways for flights across the ...
Oil Prices Fall Back Down on More Signs of Weak Demand
Oil prices hit two-month lows Wednesday as government data showed that energy demand continues to slump.
Volkswagen Links with Suzuki with 20% Stake
Volkswagen AG will buy a 20 percent stake in Suzuki Motor Corp. for 222.5 billion yen ($2.5 billion), forming one of the world's biggest auto ...
Pepsi Lowers 2009 Profit View, Signs Dr Pepper
PepsiCo Inc., the world's second-biggest soft drink maker, on Tuesday lowered the top end of its fiscal 2009 profit and sales guidance
Sovereign Debt Fears Drag Down World Markets
World stock markets fell Wednesday amid ongoing worries about sovereign credit risks and ahead of a key budgetary policy statement from the British government.
FedEx Raises Earnings on Int'l Shipments Growth
FedEx Corp. has raised its forecast of earnings for the November quarter, citing stronger-than-expected growth in international priority and ground shipments.
Google to Offer Tweets, Blogs with Search Results
Fresh information from blogs, news sites, Twitter and other popular hangouts will appear in Google's search results more quickly as the company aims to give ...
Nvidia, AMD Relieved Intel Scraps Graphics Chip
Shares of Nvidia Corp. and Advanced Micro Devices Inc. jumped Monday after rival Intel Corp. scrapped plans to make a new graphics
BOA Repays Entire $45 Bil. TARP Bailout
Bank of America Corp. said Wednesday it has repaid the entire $45 billion it owed U.S. taxpayers as part of the Troubled Asset Relief Program.
Chinese Companies Expected to Have Strong IPOs
Three profitable Chinese companies are expected to have powerful market debuts this week as they impress investors with balance sheets and earnings
Tata Group Launches Water Purifier for the Masses
At about two feet tall, it may turn out to be the world's most compact revolution: The Tata Swach, launched Monday, is a water purifier ...
Virgin Galactic Unveils SpaceShipTwo for Space Tourists
After five years of secret construction, the cloak is coming off a privately funded spacecraft designed
Nikkei Hits 6-Week High on Lower Yen
Asian markets were mixed Monday, with a weaker yen lifting Japanese stocks to a six-week high, while a drop in the U.S. unemployment rate failed ...
Jobless Professionals Vie for Holiday Sales Work
Mara Proctor used to design limestone hearths and columns for luxury homes near Kansas City, drawing on her college education and six years of training.
Colleges Explore Geothermal Power Systems
More college campuses are exploring geothermal power as a way to reduce energy costs that can add up to millions of dollars each year.
China Wind Power Companies Expand Overseas
China's Goldwind Science & Technology Ltd. is one of the world's biggest makers of wind turbines — a cornerstone of the booming clean power business
Kuwait Takes $1.1 Bil. Profit from Sale of Citi Stake
Kuwait's sovereign wealth fund said Sunday it booked a profit of $1.1 billion by selling the stake it took in Citigroup Inc. less than two ...
China Tech Purchasing Rule Angers Foreign Firms
Foreign companies are criticizing a new Chinese regulation they fear could block them from the multibillion dollar business of selling high-tech products
Caterpillar Forms Joint Venture with China Yuchai
Caterpillar Inc., the world's largest maker of construction and mining equipment, said Monday that it signed a joint venture deal with a Chinese company
Beijing Auto to Buy SAAB Drivetrain Technology
Beijing Autos has agreed to buy technology from GM's Saab Automobile, a breakthrough for the Chinese automaker that could clear the way for General
Google Testing New Mobile Device on Employees
Google Inc.'s employees are testing a new mobile device that runs on the company's Android operating system, as the search giant continues its push into
Monsanto Used Patents to Tighten Grip Over GM Crops
onfidential contracts detailing Monsanto Co.'s business practices reveal how the world's biggest seed developer is squeezing competitors, controlling smaller seed companies
U.S.-Japan Open-Skies Pact Ushers in Big Airline Tieups
An aviation agreement between the U.S. and Japan could usher in a new period of closer alliances among the major carriers in both countries.
Volkswagen Begins Production of First India Car
Volkswagen AG started production of its first compact car in India on Saturday, hoping to capture up to 10 percent of the country's fast-growing
Strong Retail Data Drives Up Stocks, Boosts Dollar
Stocks rose Friday after a report on retail sales indicated consumers are picking up their spending.
Wendy's Pulls Out of Japan After 30 Years
Wendy's burger chain will withdraw from Japan, ending a 29-year presence in an Asian market long dominated by McDonald's Corp.
Tuna Farmers Raise Real Chicken of the Sea
Thousands of tuna, their silver bellies bloated with fat, swim frantically around in netted areas of a small bay, stuffing themselves until they grow twice
China Export Rebound Heartens Asian Markets
China's exports are making a comeback after a jarring slump threw millions out of work, a sign of improving global demand that along with a ...
China Nuokang Bio-Pharma Falls on NY Debut
Shares of China Nuokang Bio-Pharmaceutical Inc. fell nearly 4 percent in their trading debut Thursday after pricing at $9 per American depositary share
AOL Now Independent and Much Shrunken
AOL resumed life as an independent Internet company Thursday as it completed its spinoff from Time Warner Inc. and closed the book on one of ...
Americans' Net Worth Up for 2nd Straight Qtr.
Americans got wealthier for a second straight quarter in the fall, thanks to gains in stock investments and home values.
U.S. Trade Deficit Narrows on Surging Exports
The U.S. trade deficit unexpectedly narrowed in October as exports surged to the highest level in nearly a year. Growing exports, boosted by a weaker ...
Indian Gaming Kept Growing Through Recession
The economic downturn has slowed the growth of Indian gaming in America but the industry is faring better than traditional casinos
Panasonic to Buy Control of Sanyo for $4.6 Bil.
Panasonic Corp. said Thursday it will take majority control of Sanyo Electric Co. in a $4.6 billion deal, forging one of the biggest electronics makers
Asian Markets Recover As Dubai Fears Ease
Asian stock markets rose Tuesday following modest gains on Wall Street and amid increased confidence the Dubai debt crisis was unlikely to derail
Declining Job Losses Steady Wavering Stock Market
Stocks traded in a tight range Wednesday after a private report showed job cuts slowed last month, but not as much as expected.
Hacked Personal Data Widely Available in China
The personal data of 10 million China Mobile subscribers was just one batch of hacked data available for sale by a group recently arrested by ...
Chinese Loses Competitive Edge in Apparel, Shoes
The apparel and footwear industries, once China's manufacturing mainstays, are rapidly shifting to lower-wage nations.
China Buys 2nd Major Canadian Oil Company
One of China's national energy companies bought a major Canadian oil and natural gas company for $2.1 billion in China's second acquisition this year of ...
Edward Jung Calls for New Large-Scale Innovation Model
Edward Jung sees the need for an entirely new scale of innovation to tackle today's big problems.
China to Become Daimler-Benz's No. 2 Shareholder
The maker of Mercedes-Benz luxury cars and industrial vehicles will sell a 5-10% stake to China's sovereign wealth fund.
S. Korea Inks $1.1 Bil. Deal to Sell Subs to Indonesia
Daewoo Shipbuilding has signed S. Korea's largest-ever arms export deal Wednesday under which it will sell three submarines to Indonesia for $1.1 bil.
Hot Money Seen Flowing Out of China As Yuan Slides
China's four major state-owned banks have seen deposits fall by 400 billion yuan ($63 billion) in the first ten days of December.
Toyota in Talks to Start Buying Parts from Hyundai
In yet another sign of the eroding market position of Japan's leading carmakers, Toyota may follow other Japanese automakers in importing key parts from South ...
David Eun Hired to Head Up Samsung Media Push
Former AOL Media and Studios President David Eun will head up Samsung's global media strategy.
China Slaps Duties on US Cars As Trade Tiff Escalates
Cars made in the US will have anti-subsidy and anti-dumping duties imposed on them effective December 15.
Hong Kong Tops US, UK in Global Financial Development Survey
Hong Kong has passed the US and the UK to become the first Asian market to become the most highly developed global financial center.
Bhushan Sopori Uses Light to Boost Solar Cell Efficiency
Bhushan Sopori's optical oven saves half the energy used in baking solar cells while boosting their photovoltaic efficiency.
Foxconn Posts Record Revenues in November
Strong demand for Apple iPhones and iPads has helped Taiwan-based OEM Foxconn post record revenues of NT$300 billion ($10 bil.) in November.
GM to Invest $700 Mil. in 8 Chevy Volt Plants
General Motors Co. said Monday it will spend $700 million at eight Michigan facilities to get its new rechargeable electric car road-ready
UAL Seeks Transpacific Joint Venture with ANA
A United Airlines executive says the carrier wants to pursue a joint venture with Continental Airlines and Japan's All Nippon Airways for flights across the ...
Oil Prices Fall Back Down on More Signs of Weak Demand
Oil prices hit two-month lows Wednesday as government data showed that energy demand continues to slump.
Volkswagen Links with Suzuki with 20% Stake
Volkswagen AG will buy a 20 percent stake in Suzuki Motor Corp. for 222.5 billion yen ($2.5 billion), forming one of the world's biggest auto ...
Pepsi Lowers 2009 Profit View, Signs Dr Pepper
PepsiCo Inc., the world's second-biggest soft drink maker, on Tuesday lowered the top end of its fiscal 2009 profit and sales guidance
Sovereign Debt Fears Drag Down World Markets
World stock markets fell Wednesday amid ongoing worries about sovereign credit risks and ahead of a key budgetary policy statement from the British government.
FedEx Raises Earnings on Int'l Shipments Growth
FedEx Corp. has raised its forecast of earnings for the November quarter, citing stronger-than-expected growth in international priority and ground shipments.
Google to Offer Tweets, Blogs with Search Results
Fresh information from blogs, news sites, Twitter and other popular hangouts will appear in Google's search results more quickly as the company aims to give ...
Nvidia, AMD Relieved Intel Scraps Graphics Chip
Shares of Nvidia Corp. and Advanced Micro Devices Inc. jumped Monday after rival Intel Corp. scrapped plans to make a new graphics
BOA Repays Entire $45 Bil. TARP Bailout
Bank of America Corp. said Wednesday it has repaid the entire $45 billion it owed U.S. taxpayers as part of the Troubled Asset Relief Program.
Chinese Companies Expected to Have Strong IPOs
Three profitable Chinese companies are expected to have powerful market debuts this week as they impress investors with balance sheets and earnings
Tata Group Launches Water Purifier for the Masses
At about two feet tall, it may turn out to be the world's most compact revolution: The Tata Swach, launched Monday, is a water purifier ...
Virgin Galactic Unveils SpaceShipTwo for Space Tourists
After five years of secret construction, the cloak is coming off a privately funded spacecraft designed
Nikkei Hits 6-Week High on Lower Yen
Asian markets were mixed Monday, with a weaker yen lifting Japanese stocks to a six-week high, while a drop in the U.S. unemployment rate failed ...
Jobless Professionals Vie for Holiday Sales Work
Mara Proctor used to design limestone hearths and columns for luxury homes near Kansas City, drawing on her college education and six years of training.
Colleges Explore Geothermal Power Systems
More college campuses are exploring geothermal power as a way to reduce energy costs that can add up to millions of dollars each year.
China Wind Power Companies Expand Overseas
China's Goldwind Science & Technology Ltd. is one of the world's biggest makers of wind turbines — a cornerstone of the booming clean power business
Kuwait Takes $1.1 Bil. Profit from Sale of Citi Stake
Kuwait's sovereign wealth fund said Sunday it booked a profit of $1.1 billion by selling the stake it took in Citigroup Inc. less than two ...
China Tech Purchasing Rule Angers Foreign Firms
Foreign companies are criticizing a new Chinese regulation they fear could block them from the multibillion dollar business of selling high-tech products
Caterpillar Forms Joint Venture with China Yuchai
Caterpillar Inc., the world's largest maker of construction and mining equipment, said Monday that it signed a joint venture deal with a Chinese company
Beijing Auto to Buy SAAB Drivetrain Technology
Beijing Autos has agreed to buy technology from GM's Saab Automobile, a breakthrough for the Chinese automaker that could clear the way for General
Google Testing New Mobile Device on Employees
Google Inc.'s employees are testing a new mobile device that runs on the company's Android operating system, as the search giant continues its push into
Monsanto Used Patents to Tighten Grip Over GM Crops
onfidential contracts detailing Monsanto Co.'s business practices reveal how the world's biggest seed developer is squeezing competitors, controlling smaller seed companies
U.S.-Japan Open-Skies Pact Ushers in Big Airline Tieups
An aviation agreement between the U.S. and Japan could usher in a new period of closer alliances among the major carriers in both countries.
Volkswagen Begins Production of First India Car
Volkswagen AG started production of its first compact car in India on Saturday, hoping to capture up to 10 percent of the country's fast-growing
Strong Retail Data Drives Up Stocks, Boosts Dollar
Stocks rose Friday after a report on retail sales indicated consumers are picking up their spending.
Wendy's Pulls Out of Japan After 30 Years
Wendy's burger chain will withdraw from Japan, ending a 29-year presence in an Asian market long dominated by McDonald's Corp.
Tuna Farmers Raise Real Chicken of the Sea
Thousands of tuna, their silver bellies bloated with fat, swim frantically around in netted areas of a small bay, stuffing themselves until they grow twice
China Export Rebound Heartens Asian Markets
China's exports are making a comeback after a jarring slump threw millions out of work, a sign of improving global demand that along with a ...
China Nuokang Bio-Pharma Falls on NY Debut
Shares of China Nuokang Bio-Pharmaceutical Inc. fell nearly 4 percent in their trading debut Thursday after pricing at $9 per American depositary share
AOL Now Independent and Much Shrunken
AOL resumed life as an independent Internet company Thursday as it completed its spinoff from Time Warner Inc. and closed the book on one of ...
Americans' Net Worth Up for 2nd Straight Qtr.
Americans got wealthier for a second straight quarter in the fall, thanks to gains in stock investments and home values.
U.S. Trade Deficit Narrows on Surging Exports
The U.S. trade deficit unexpectedly narrowed in October as exports surged to the highest level in nearly a year. Growing exports, boosted by a weaker ...
Indian Gaming Kept Growing Through Recession
The economic downturn has slowed the growth of Indian gaming in America but the industry is faring better than traditional casinos
Panasonic to Buy Control of Sanyo for $4.6 Bil.
Panasonic Corp. said Thursday it will take majority control of Sanyo Electric Co. in a $4.6 billion deal, forging one of the biggest electronics makers
Asian Markets Recover As Dubai Fears Ease
Asian stock markets rose Tuesday following modest gains on Wall Street and amid increased confidence the Dubai debt crisis was unlikely to derail
Declining Job Losses Steady Wavering Stock Market
Stocks traded in a tight range Wednesday after a private report showed job cuts slowed last month, but not as much as expected.
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