David Kim Reborn As Media-Happy Success Guru
David Kim has remade himself from a backroom boss into the latest embodiment of the American Dream.
Business
Korean Shin Ramyun Blackened by False Claims
Ramen maker Nongshim Co was fined 155 million won ($142,000) by S. Korea's fair trade officials...
Yuan to Float Freely by 2015 Say China Experts
China's economy and financial system are ready for a fully convertible yuan, and the central government is likely to liberalize it by 2015.
Caterpillar to Buy Surface Mining Equipper for $7.6 Bil.
Caterpillar Inc., the world's largest construction and mining equipment maker, said Monday it has agreed to buy Bucyrus International Inc. for $7.6 billion
Expanded GM IPO May Set New World Record
Investor demand for General Motors stock has been so strong that the company will expand its initial public offering by 31 percent, to 478 million ...
Overseas Growth Lifts A&F to Fatter Profits
Preppy teen clothing seller Abercrombie & Fitch Co. said Tuesday that higher international revenue and improving results in the U.S. helped its third-quarter
Google Unveils Cell Phone with Payment System
Google Inc. is taking another stab at designing a game-changing mobile phone, this time by including a built-in payment system that could eventually
Facebook's New Messaging Puts Message Over Form
Facebook is betting that one day soon, we'll all be acting like high school students — more texting and instant-messaging, at the expense of e-mail.
S. Korea Raises Key Interest Rate Again
South Korea's central bank raised its key interest rate Tuesday for the second time in four months amid persistent concerns about inflation.
Credit Card Writedowns Decline Again in Oct.
The ability of credit card holders to pay off debt has shown sustained improvement this year and on Monday the top U.S. credit card issuers ...
Renault-Nissan to Sell 500,000 EVs a Year by 2013
Bullish on green cars, the chief executive of the Renault-Nissan automotive alliance said Monday they plan to produce and sell 500,000 electric
Gas Prices Rise As Holidays Approach
With Thanksgiving just around the corner, the price of gasoline is marching toward the high of the year.
Data Storage Maker EMC Buys Isilon for $2.25 Bil.
The data storage company EMC says it has agreed to buy Isilon for $2.25 billion in cash. It is offering $33.85 per share
Stocks Fall on Anti-Inflation Measures in China, Korea
China's stock market plunged again Tuesday and prompted a retreat in European shares, as investors feared a slowdown in Asian growth and waited
Oct Retail Sales Gain Most Since March
Retail sales, helped by strong demand for autos, increased in October by the largest amount in seven months. The Commerce Department
Retail Sales, Caterpillar Buy Drive Up Stock Prices
U.S. stock futures pointed to a higher open Monday as investors hope to move beyond worries about Ireland's debt drama that dragged major indexes
Food Industry Outpaces Rest of Economy
While the recession took a toll on manufacturing and other industries, one part of the economy has remained a bright spot over the past few ...
Newsweek Merges with Tina Brown's Daily Beast
Newsweek, a 77-year-old magazine that once helped set the national news agenda, is linking its future with a startup website just two years in the ...
Eurozone Growth Slows to 0.4%
Economic growth in the 16 countries that use the euro fell by more than half in the third quarter of the year, official figures showed ...
Shanghai Stocks Plunge on China Rate Hike Fears
Chinese shares led world markets lower Friday amid mounting concerns Beijing will raise interest rates to cool its overheating economy.
Airbus Parent Returns to Profit
Airbus' parent company EADS NV reported a narrow third-quarter profit on Friday, rebounding from a loss a year earlier as the commercial plane-making
Toyoda, Musk Cement Ties Over Pimped-Out Tesla
The usually grim-faced Toyota President Akio Toyoda was all smiles Friday, trumpeting a newfound friendship with U.S. luxury electric carmaker Tesla.
Nissan Recalls 600,000 Cars for Steering, Battery Cable
Nissan Motor Co. is recalling more than 600,000 vehicles in North and South America and Africa due to steering or battery cable problems.
Ford Cuts Stake in Mazda to 3.5%
Japanese automaker Mazda says Ford is reducing its stake to 11 percent to 3.5 percent, but their partnership will continue in developing and marketing
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
Leading Economic Indicators Rise Fastest Since May
A gauge of future economic activity grew in October after a summer lull, suggesting the U.S. economy will slowly start strengthening early next year.
Dell Profits Double As Businesses Upgrade
Personal computer maker Dell Inc. said Thursday that its net income for the latest quarter more than doubled as companies spent more to replace
GM Shares Surge As Trading Opens
General Motors stock began trading on Wall Street again Thursday, signaling the rebirth of an American corporate icon that collapsed into bankruptcy
World Markets Rebound from String of Losses
World stock markets rose Thursday as investors grew increasingly confident that details of an Irish financial rescue package will emerge over the coming
China Inflation Rises Again to 6.4 Percent in June
China's consumer price jump of 6.4 percent in June is powered by a 14.4 percent food price jump.
Singapore Growth to Slow Sharply Next Year
Singapore's economic growth will slow sharply next year as U.S. and European demand for the island's exports weakens, the government said Thursday
GM's Record IPO Ends Gov't's Majority Stake
General Motors is returning to life as a public company Thursday with a stock offering worth potentially $23 billion, ending the government's role as majority
Airbus to Replace Up to 40 Superjumbo Engines
Up to half of the Airbus superjumbo engines of the type that disintegrated in flight on a Qantas plane may need to be replaced in ...
Toyota to Sell in Plug-In Hybrid in U.S., Japan, Europe
Toyota is planning to sell a plug-in hybrid car in the U.S., Japan and Europe in 2012, targeting sales of 50,000 vehicles a year at ...
Consumer Prices Show No Inflation Threat
Consumer prices rose moderately in October but there was little sign of inflation as the cost of autos, clothing and hotels fell.
Housing Construction Fell Sharply in October
Construction of new homes fell sharply in October, fresh evidence that the housing industry remains under duress. The Commerce Department says construction
China Challenges Boeing, Airbus with First 6 Orders
Commercial Aircraft Corp of China (COMAC) opened its challenge to Boeing and Airbus with its first 100 orders for its C919 single-aisle commercial
Target Profits Surge on Food Sales, Credit Card
Target Corp. reported that its third-quarter earnings rose 22.6 percent in the third quarter, helped by improvements in its credit card business
U.S. Homebuilder Sentiment Improves in Nov.
U.S. homebuilders battered by the worst summer for home sales in a decade are already looking ahead to spring, saying they feel somewhat
H&M to Double Japan Stores by 2012
H&M will more than double the number of stores in Japan over the next year on exploding demand from fashion consumers.
China Raises Yuan Against Dollar to Fight Inflation
China lets the yuan hit record highs against the dollar as it focuses on controlling a surging inflation rate.
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.
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
David Kim Reborn As Media-Happy Success Guru
David Kim has remade himself from a backroom boss into the latest embodiment of the American Dream.
Korean Shin Ramyun Blackened by False Claims
Ramen maker Nongshim Co was fined 155 million won ($142,000) by S. Korea's fair trade officials...
Yuan to Float Freely by 2015 Say China Experts
China's economy and financial system are ready for a fully convertible yuan, and the central government is likely to liberalize it by 2015.
Caterpillar to Buy Surface Mining Equipper for $7.6 Bil.
Caterpillar Inc., the world's largest construction and mining equipment maker, said Monday it has agreed to buy Bucyrus International Inc. for $7.6 billion
Expanded GM IPO May Set New World Record
Investor demand for General Motors stock has been so strong that the company will expand its initial public offering by 31 percent, to 478 million ...
Overseas Growth Lifts A&F to Fatter Profits
Preppy teen clothing seller Abercrombie & Fitch Co. said Tuesday that higher international revenue and improving results in the U.S. helped its third-quarter
Google Unveils Cell Phone with Payment System
Google Inc. is taking another stab at designing a game-changing mobile phone, this time by including a built-in payment system that could eventually
Facebook's New Messaging Puts Message Over Form
Facebook is betting that one day soon, we'll all be acting like high school students — more texting and instant-messaging, at the expense of e-mail.
S. Korea Raises Key Interest Rate Again
South Korea's central bank raised its key interest rate Tuesday for the second time in four months amid persistent concerns about inflation.
Credit Card Writedowns Decline Again in Oct.
The ability of credit card holders to pay off debt has shown sustained improvement this year and on Monday the top U.S. credit card issuers ...
Renault-Nissan to Sell 500,000 EVs a Year by 2013
Bullish on green cars, the chief executive of the Renault-Nissan automotive alliance said Monday they plan to produce and sell 500,000 electric
Gas Prices Rise As Holidays Approach
With Thanksgiving just around the corner, the price of gasoline is marching toward the high of the year.
Data Storage Maker EMC Buys Isilon for $2.25 Bil.
The data storage company EMC says it has agreed to buy Isilon for $2.25 billion in cash. It is offering $33.85 per share
Stocks Fall on Anti-Inflation Measures in China, Korea
China's stock market plunged again Tuesday and prompted a retreat in European shares, as investors feared a slowdown in Asian growth and waited
Oct Retail Sales Gain Most Since March
Retail sales, helped by strong demand for autos, increased in October by the largest amount in seven months. The Commerce Department
Retail Sales, Caterpillar Buy Drive Up Stock Prices
U.S. stock futures pointed to a higher open Monday as investors hope to move beyond worries about Ireland's debt drama that dragged major indexes
Food Industry Outpaces Rest of Economy
While the recession took a toll on manufacturing and other industries, one part of the economy has remained a bright spot over the past few ...
Newsweek Merges with Tina Brown's Daily Beast
Newsweek, a 77-year-old magazine that once helped set the national news agenda, is linking its future with a startup website just two years in the ...
Eurozone Growth Slows to 0.4%
Economic growth in the 16 countries that use the euro fell by more than half in the third quarter of the year, official figures showed ...
Shanghai Stocks Plunge on China Rate Hike Fears
Chinese shares led world markets lower Friday amid mounting concerns Beijing will raise interest rates to cool its overheating economy.
Airbus Parent Returns to Profit
Airbus' parent company EADS NV reported a narrow third-quarter profit on Friday, rebounding from a loss a year earlier as the commercial plane-making
Toyoda, Musk Cement Ties Over Pimped-Out Tesla
The usually grim-faced Toyota President Akio Toyoda was all smiles Friday, trumpeting a newfound friendship with U.S. luxury electric carmaker Tesla.
Nissan Recalls 600,000 Cars for Steering, Battery Cable
Nissan Motor Co. is recalling more than 600,000 vehicles in North and South America and Africa due to steering or battery cable problems.
Ford Cuts Stake in Mazda to 3.5%
Japanese automaker Mazda says Ford is reducing its stake to 11 percent to 3.5 percent, but their partnership will continue in developing and marketing
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
Leading Economic Indicators Rise Fastest Since May
A gauge of future economic activity grew in October after a summer lull, suggesting the U.S. economy will slowly start strengthening early next year.
Dell Profits Double As Businesses Upgrade
Personal computer maker Dell Inc. said Thursday that its net income for the latest quarter more than doubled as companies spent more to replace
GM Shares Surge As Trading Opens
General Motors stock began trading on Wall Street again Thursday, signaling the rebirth of an American corporate icon that collapsed into bankruptcy
World Markets Rebound from String of Losses
World stock markets rose Thursday as investors grew increasingly confident that details of an Irish financial rescue package will emerge over the coming
China Inflation Rises Again to 6.4 Percent in June
China's consumer price jump of 6.4 percent in June is powered by a 14.4 percent food price jump.
Singapore Growth to Slow Sharply Next Year
Singapore's economic growth will slow sharply next year as U.S. and European demand for the island's exports weakens, the government said Thursday
GM's Record IPO Ends Gov't's Majority Stake
General Motors is returning to life as a public company Thursday with a stock offering worth potentially $23 billion, ending the government's role as majority
Airbus to Replace Up to 40 Superjumbo Engines
Up to half of the Airbus superjumbo engines of the type that disintegrated in flight on a Qantas plane may need to be replaced in ...
Toyota to Sell in Plug-In Hybrid in U.S., Japan, Europe
Toyota is planning to sell a plug-in hybrid car in the U.S., Japan and Europe in 2012, targeting sales of 50,000 vehicles a year at ...
Consumer Prices Show No Inflation Threat
Consumer prices rose moderately in October but there was little sign of inflation as the cost of autos, clothing and hotels fell.
Housing Construction Fell Sharply in October
Construction of new homes fell sharply in October, fresh evidence that the housing industry remains under duress. The Commerce Department says construction
China Challenges Boeing, Airbus with First 6 Orders
Commercial Aircraft Corp of China (COMAC) opened its challenge to Boeing and Airbus with its first 100 orders for its C919 single-aisle commercial
Target Profits Surge on Food Sales, Credit Card
Target Corp. reported that its third-quarter earnings rose 22.6 percent in the third quarter, helped by improvements in its credit card business
U.S. Homebuilder Sentiment Improves in Nov.
U.S. homebuilders battered by the worst summer for home sales in a decade are already looking ahead to spring, saying they feel somewhat
H&M to Double Japan Stores by 2012
H&M will more than double the number of stores in Japan over the next year on exploding demand from fashion consumers.
China Raises Yuan Against Dollar to Fight Inflation
China lets the yuan hit record highs against the dollar as it focuses on controlling a surging inflation rate.
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.
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
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