SAP Hit with $1.3 Bil. Verdict in Oracle Suit
A federal jury on Tuesday ordered SAP AG to pay $1.3 billion to its archenemy, Oracle Corp., for stealing customer-support documents and software
Business
GM Sends Treasury $11.7 Bil. from IPO
The Treasury Department says it has received $11.7 billion from the sale of 358.5 million shares of General Motors stock.
World Stocks Fall on Debt Fears, Korean Flareup
World markets and the euro slid Tuesday as investors worried that Ireland's debt crisis will spread to other fiscally weak European nations and following
HP's Fortunes Seen As Bellwether of Tech Sector
Hewlett-Packard Co.'s results showed Monday how lopsided the recovery in technology spending has been. HP's results are a barometer
Economy Grew Faster in Summer Than Thought
The economy probably grew slightly faster last summer than first thought, benefiting from stronger overseas sales of U.S. goods.
Qantas Returns Two Superjumbos to Service
Qantas said Tuesday it will resume flying some of its A380 superjumbos this weekend, ending a self-imposed flight ban after a massive in-flight engine
Verizon Ups Top Download Speed to 150 MPS
Verizon Communications Inc. is zooming past cable-company competitors by tripling the top download speed of its FiOS Internet service to 150
Korean Soju Maker Seeks Bigger Splash in U.S.
A South Korean company recognized as the world's biggest spirits brand is ready to take a strong shot at growing its U.S. following beyond Korean ...
Engines Just Latest Setback for Airbus Superjumbo
Many wondered whether the world's largest passenger plane would ever be born. Skeptics called the 7-story-tall Airbus A380 too big and ambitious
L.A. Seeks to Revive Sales at Coroner's Gift Shop
The morgue is about the last place you would think of to go shopping, so it's perhaps unsurprising that sales at Los Angeles County's coroner ...
Cellphone Use Explodes in Vietnam
Vietnam will import $1 billion worth of mobile phones in 2010, estimates the Ministry of Industry and Trade. Mobile phones will become such a high
Ireland Swallows Bitter Pill of EU-IMF Bailout
Debt-crippled Ireland formally applied Sunday for a massive EU-IMF loan to stem the flight of capital from its banks, joining Greece in a step unthinkable
Push-Up Bra Sales Suggest Strong Holiday Season
Attention armchair economists: You don't need spreadsheets to get a handle on how this year's holiday shopping season is going. Just keep an eye
Ukraine Rebounds Sharply on Global Steel Demand
Last year, the Ukrainian economy nearly collapsed in the global financial crisis as steel plants stopped production and construction cranes froze.
Stocks Slip on Worries Over China Tightening
Stock markets fell Friday after China took further steps to rein in lending and amid worries that a financial rescue package for Ireland is proving ...
Judge Rejects Dismissal of Toyota Acceleration Claims
A federal judge in California will consider a motion by Toyota Motor Corp. to dismiss lawsuits that claim there are sudden acceleration defects in its ...
Cable Co. Cox Enters Cell Phone Business
Cox Communications, the country's third-largest cable company, is launching its long-planned cellular network in three scattered areas on Friday
China May See Balanced Trade in 2012
Slowing exports to the West and import liberalization is cutting China's trade surplus to near zero.
Lee Chen Named No. 1 Private Computer Hardware Vender
Lee Chen built A10 Networks from a one-man shop to the nation's leading computer hardware vender.
Samsung Surges on Patent, Jobs News, HP Rumors
Samsung Electronics is suddenly looking unbeatable as several pieces of news combined to give its shares a big boost Thursday.
Walmart Seeks China Growth in Small Cities
Walmart plans to maintain rapid China growth by focusing new stores in third-, fourth- and fifth-tier cities.
Japan to Lend $100 Bil. to Weaken Yen
Japan creates an emergency $100 bil. lending facility to combat the highest yen since World War II.
Justin Lin Signs Universal Studios Production Deal
Director Justin Lin has signed a two-year first-look production deal with Universal Pictures for his Barstorm Pictures.
China Consumer Confidence Slips but Still Strong
China's consumer confidence slipped 3 points in the second quarter, the first decline this year.
Toyota, Ford Tie Up for Hybrids, In-Car Systems
Toyota and Ford will jointly develop a hybrid system for light trucks and sport utility vehicles.
Janet Choi Links Celiac Disease to Infertility
Janet Choi has established a clear link between undiagnosed celiac disease and a significant percentage of infertility cases.
Groupon China Begins Mass Layoffs
Groupon China, known locally as Gaopeng, is laying off about a quarter of its employees and shuttering at least 13 branch offices.
China Nurtures Startups by Students Returning from Abroad
China has over 150 firms that help returning Chinese students start up new ventures
Toyota to Boost Domestic Output to 15,000 Units A Day
Toyota Motor plans to raise domestic daily output to 15,000 units by March, up from its current level of 12,000 units.
Nikkei Hits 5-Month Low on U.S. Fears
On Monday the Nikkei stock index touched its lowest levels since March 15 on fears the U.S. economic recovery may be losing steam.
China Sees Hong Kong Role in Yuan Internationalization
Beijing's plans to use Hong Kong as a conduit for disseminating the yuan as a global exchange currency.
Lenovo Posts Record $5.9 Bil. Sales in Q2
China's top PC-maker hopes to challenge Apple for a bigger share of the mobile internet market.
Dharmendra Modha Mimics Brain's Efficiency
IBM's Dharmendra Modha has taken another big step toward developing a computer that can match the human brain in efficiency.
China-Japan Trade Hits Record High in 1st Half
The total value of trade between Japan and China during the first half of 2011 surged 17.9 percent.
China Continues Boosting Holdings of U.S. Treasuries
China added $5.7 billion of U.S. Treasuries in June despite growing pressure to diversify foreign reserves away from the beleaguered dollar.
Liming Dai Leads Air Force Nanomaterials Project
Liming Dai will lead a team to develop 3D nanomaterials with the unique properties found in flat nano-structures.
Toshiba to Build Major Energy-Efficient Community
Toshiba Corp. will develop one of the world's biggest energy efficient “smart communities” in Osaka Prefecture.
Ex-China Mobile Chairman Gets Death Sentence
A former China Mobile executive who had confessed to accepting $2.6 million in bribes was given a death sentence on Tuesday.
Toyota May Face Major Recall in China
Toyota's declining market share in China may be further eroded by the possibility of a major recall.
China Spreads Prosperity with Western Boomtowns
China's go-west strategy is erasing the glaring economic disparity between the prosperous coastal regions and the vast western inland regions.
iPad Popularity Revives Shenzhen PC Makers
Shenzhen's PC manufacturers enjoy an unexpected boom thanks to the demand for “white box” tablet PCs.
Hong Kong Has 3 of World's 10 Priciest Streets
Hong Kong's Causeway Bay trails only Manhattan's Fifth Avenue in a list of the world's most expensive shopping boulevards.
Chinese Money Behind $1.2 Bil. Offer for Dodgers
Dodgers owner Frank McCourt has received a $1.2 billion offer for the Dodgers funded by China's state-owned investment firms.
Kai-Fu Lee Raises $180 Mil. for China Tech Incubator
Former search-engine wizard Kai-Fu Lee has raised $180 million more in venture capital for his China startup incubator.
BYD Plans Massive Layoffs As Auto Sales Plunge
The Chinese battery-maker picked by Warren Buffet to become a giant of the global electric-car market is shrinking its workforce as sales plunge.
China's Rare Earth Dealers Hurt by Price Plunge
A sudden price plunge has caught China's rare earth dealers holding big inventories bought at high prices.
David Wang Creates Personal Activity Logger
David Wang wants to motivate the average person to achieve fitness goals by staying active in the real world.
China Buys Foreign Firms at Record Pace
A growing hunger for consumer brands and industrial technology drove China's outbound M&As to record high levels
McDonald's Tries New Approach for China Success
McDonald's China is loosening up its ownership structure and moving its stores upmarket to maintain growth in a rapidly changing market.
SAP Hit with $1.3 Bil. Verdict in Oracle Suit
A federal jury on Tuesday ordered SAP AG to pay $1.3 billion to its archenemy, Oracle Corp., for stealing customer-support documents and software
GM Sends Treasury $11.7 Bil. from IPO
The Treasury Department says it has received $11.7 billion from the sale of 358.5 million shares of General Motors stock.
World Stocks Fall on Debt Fears, Korean Flareup
World markets and the euro slid Tuesday as investors worried that Ireland's debt crisis will spread to other fiscally weak European nations and following
HP's Fortunes Seen As Bellwether of Tech Sector
Hewlett-Packard Co.'s results showed Monday how lopsided the recovery in technology spending has been. HP's results are a barometer
Economy Grew Faster in Summer Than Thought
The economy probably grew slightly faster last summer than first thought, benefiting from stronger overseas sales of U.S. goods.
Qantas Returns Two Superjumbos to Service
Qantas said Tuesday it will resume flying some of its A380 superjumbos this weekend, ending a self-imposed flight ban after a massive in-flight engine
Verizon Ups Top Download Speed to 150 MPS
Verizon Communications Inc. is zooming past cable-company competitors by tripling the top download speed of its FiOS Internet service to 150
Korean Soju Maker Seeks Bigger Splash in U.S.
A South Korean company recognized as the world's biggest spirits brand is ready to take a strong shot at growing its U.S. following beyond Korean ...
Engines Just Latest Setback for Airbus Superjumbo
Many wondered whether the world's largest passenger plane would ever be born. Skeptics called the 7-story-tall Airbus A380 too big and ambitious
L.A. Seeks to Revive Sales at Coroner's Gift Shop
The morgue is about the last place you would think of to go shopping, so it's perhaps unsurprising that sales at Los Angeles County's coroner ...
Cellphone Use Explodes in Vietnam
Vietnam will import $1 billion worth of mobile phones in 2010, estimates the Ministry of Industry and Trade. Mobile phones will become such a high
Ireland Swallows Bitter Pill of EU-IMF Bailout
Debt-crippled Ireland formally applied Sunday for a massive EU-IMF loan to stem the flight of capital from its banks, joining Greece in a step unthinkable
Push-Up Bra Sales Suggest Strong Holiday Season
Attention armchair economists: You don't need spreadsheets to get a handle on how this year's holiday shopping season is going. Just keep an eye
Ukraine Rebounds Sharply on Global Steel Demand
Last year, the Ukrainian economy nearly collapsed in the global financial crisis as steel plants stopped production and construction cranes froze.
Stocks Slip on Worries Over China Tightening
Stock markets fell Friday after China took further steps to rein in lending and amid worries that a financial rescue package for Ireland is proving ...
Judge Rejects Dismissal of Toyota Acceleration Claims
A federal judge in California will consider a motion by Toyota Motor Corp. to dismiss lawsuits that claim there are sudden acceleration defects in its ...
Cable Co. Cox Enters Cell Phone Business
Cox Communications, the country's third-largest cable company, is launching its long-planned cellular network in three scattered areas on Friday
China May See Balanced Trade in 2012
Slowing exports to the West and import liberalization is cutting China's trade surplus to near zero.
Lee Chen Named No. 1 Private Computer Hardware Vender
Lee Chen built A10 Networks from a one-man shop to the nation's leading computer hardware vender.
Samsung Surges on Patent, Jobs News, HP Rumors
Samsung Electronics is suddenly looking unbeatable as several pieces of news combined to give its shares a big boost Thursday.
Walmart Seeks China Growth in Small Cities
Walmart plans to maintain rapid China growth by focusing new stores in third-, fourth- and fifth-tier cities.
Japan to Lend $100 Bil. to Weaken Yen
Japan creates an emergency $100 bil. lending facility to combat the highest yen since World War II.
Justin Lin Signs Universal Studios Production Deal
Director Justin Lin has signed a two-year first-look production deal with Universal Pictures for his Barstorm Pictures.
China Consumer Confidence Slips but Still Strong
China's consumer confidence slipped 3 points in the second quarter, the first decline this year.
Toyota, Ford Tie Up for Hybrids, In-Car Systems
Toyota and Ford will jointly develop a hybrid system for light trucks and sport utility vehicles.
Janet Choi Links Celiac Disease to Infertility
Janet Choi has established a clear link between undiagnosed celiac disease and a significant percentage of infertility cases.
Groupon China Begins Mass Layoffs
Groupon China, known locally as Gaopeng, is laying off about a quarter of its employees and shuttering at least 13 branch offices.
China Nurtures Startups by Students Returning from Abroad
China has over 150 firms that help returning Chinese students start up new ventures
Toyota to Boost Domestic Output to 15,000 Units A Day
Toyota Motor plans to raise domestic daily output to 15,000 units by March, up from its current level of 12,000 units.
Nikkei Hits 5-Month Low on U.S. Fears
On Monday the Nikkei stock index touched its lowest levels since March 15 on fears the U.S. economic recovery may be losing steam.
China Sees Hong Kong Role in Yuan Internationalization
Beijing's plans to use Hong Kong as a conduit for disseminating the yuan as a global exchange currency.
Lenovo Posts Record $5.9 Bil. Sales in Q2
China's top PC-maker hopes to challenge Apple for a bigger share of the mobile internet market.
Dharmendra Modha Mimics Brain's Efficiency
IBM's Dharmendra Modha has taken another big step toward developing a computer that can match the human brain in efficiency.
China-Japan Trade Hits Record High in 1st Half
The total value of trade between Japan and China during the first half of 2011 surged 17.9 percent.
China Continues Boosting Holdings of U.S. Treasuries
China added $5.7 billion of U.S. Treasuries in June despite growing pressure to diversify foreign reserves away from the beleaguered dollar.
Liming Dai Leads Air Force Nanomaterials Project
Liming Dai will lead a team to develop 3D nanomaterials with the unique properties found in flat nano-structures.
Toshiba to Build Major Energy-Efficient Community
Toshiba Corp. will develop one of the world's biggest energy efficient “smart communities” in Osaka Prefecture.
Ex-China Mobile Chairman Gets Death Sentence
A former China Mobile executive who had confessed to accepting $2.6 million in bribes was given a death sentence on Tuesday.
Toyota May Face Major Recall in China
Toyota's declining market share in China may be further eroded by the possibility of a major recall.
China Spreads Prosperity with Western Boomtowns
China's go-west strategy is erasing the glaring economic disparity between the prosperous coastal regions and the vast western inland regions.
iPad Popularity Revives Shenzhen PC Makers
Shenzhen's PC manufacturers enjoy an unexpected boom thanks to the demand for “white box” tablet PCs.
Hong Kong Has 3 of World's 10 Priciest Streets
Hong Kong's Causeway Bay trails only Manhattan's Fifth Avenue in a list of the world's most expensive shopping boulevards.
Chinese Money Behind $1.2 Bil. Offer for Dodgers
Dodgers owner Frank McCourt has received a $1.2 billion offer for the Dodgers funded by China's state-owned investment firms.
Kai-Fu Lee Raises $180 Mil. for China Tech Incubator
Former search-engine wizard Kai-Fu Lee has raised $180 million more in venture capital for his China startup incubator.
BYD Plans Massive Layoffs As Auto Sales Plunge
The Chinese battery-maker picked by Warren Buffet to become a giant of the global electric-car market is shrinking its workforce as sales plunge.
China's Rare Earth Dealers Hurt by Price Plunge
A sudden price plunge has caught China's rare earth dealers holding big inventories bought at high prices.
David Wang Creates Personal Activity Logger
David Wang wants to motivate the average person to achieve fitness goals by staying active in the real world.
China Buys Foreign Firms at Record Pace
A growing hunger for consumer brands and industrial technology drove China's outbound M&As to record high levels
McDonald's Tries New Approach for China Success
McDonald's China is loosening up its ownership structure and moving its stores upmarket to maintain growth in a rapidly changing market.
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