Baidu Shares Drop on Departure of CTO Yinan Li
Shares of Baidu Inc. fell Tuesday after China's leading search engine operator said its chief technology officer has resigned
Business
Marriage Elevates Economic Status of More Men
Historically, marriage was the surest route to financial security for women. Nowadays it's men who are increasingly getting the biggest economic boost
Cadbury Agrees to $18.9 Bil. Kraft Takeover Offer
British candy maker Cadbury PLC on Tuesday accepted and recommended to shareholders Kraft's improved takeover offer worth $18.9 billion
Citigroup Repays TARP Despite $7.6 Bil. Q4 Loss
Citigroup said Tuesday it lost $7.58 billion during the final three months of 2009 as consumers still struggled to repay loans and the bank repaid
Google Cancels China Cell Phone Launch Amid Row
Google on Tuesday postponed the launch of its mobile phone in China, adding to the potential commercial fallout of its dispute with Beijing over Internet
LG Display Profits Jump on Surge in Q4 Sales
LG Display Co. returned to profit in the fourth quarter of 2009 as higher prices helped boost sales after a U.S. price-fixing fine dragged
Singapore Exports Jumped 26% in December
Singapore's exports jumped in December for the second straight month as global demand for the city-state's electronics surged.
Saudi Tycoon Seeks Broader Ties with News Corp
The Saudi billionaire whose investment firm is one of the biggest stakeholders in Rupert Murdoch's News Corp. said he is looking to expand his alliances
Alibaba Calls Yahoo Stand on Google Reckless
China's e-commerce giant Alibaba turned on major shareholder Yahoo Inc. on Saturday, calling the American company's support of Google
L.A. Film Production Fell 19% in 2009
Movie and TV filming on the streets of Los Angeles plummeted last year but a new state tax credit program helped stop some runaway production.
JPMorgan Profits Soar Despite Rising Consumer Loan Losses
JPMorgan Chase & Co.'s profit rose more than four-fold to $3.28 billion in the last three months of 2009, but the results released Friday
China's Mobile Web Population Doubled in 2009
China's population of Internet users, already the world's largest, soared nearly 30 percent last year to 384 million as the number of people surfing the ...
Role As Media Activist Creates Dilemma for Google
Google Inc. is enjoying an avalanche of good will because of its threat to leave China over e-mail hacking attacks against dissidents.
Intel Earnings, Outlook Confirm PC Sector Recovery
Intel's fourth-quarter earnings breezed past Wall Street's expectations, and its rosy profit outlook for 2010 was another sign that a lasting recovery
Foreign Investment in China Doubled in December
Foreign direct investment in China more than doubled in December from a year earlier as companies poured money
Conan, Staff to Exit NBC for $45 Mil.
NBC said Thursday it has reached a $45 million deal with Conan O'Brien for his exit from the "Tonight" show, allowing Jay Leno to return ...
AOL to Buy Web Video Firm for $36.5 Mil.
AOL Inc. said Monday that it is boosting its ability to create Web videos by paying $36.5 million for StudioNow Inc., a Web site that ...
Chrysler Seeks Clear Identities for Dodge, Chrysler
Chrysler sold more than 118,000 Sebring sedans in 2001. Eight years later, the automaker barely sold 27,000 as its bankruptcy filing
Ericsson to Cut 1,500 Jobs After Dismal Q4
Wireless equipment maker LM Ericsson AB on Monday said it will cut another 1,500 jobs this year after reporting a 92 percent drop in fourth-quarter ...
GE Sees Growth Ahead Despite Profits Drop
General Electric Co.'s fourth-quarter net income fell 19 percent, but the industrial bellwether is seeing signs of stability as it moves into a key rebuilding ...
McDonald's Revenues, Profits Jump
More hungry diners gobbling its cheap eats helped McDonald's Corp.'s sales and profit grow in its fourth quarter, the company said Friday in an earnings ...
World Stocks Slump on Obama Bank Speech
World markets fell Friday, led by bank stocks after President Barack Obama proposed a sweeping overhaul of Wall Street to avert future financial crises.
China Declares Crisis Over, Shifts Focus to Inflation
China declared it is over the global crisis and signaled a shift in focus to controlling inflation
Obama Pushes to Limit Proprietary Trading by Big Banks
President Barack Obama stepped up his campaign against Wall Street on Thursday with a far-reaching proposal for tougher regulation of the biggest banks.
GM's Opel to Cut 8,300 Jobs in Europe
General Motor Co.'s Opel unit will cut 8,300 jobs across Europe, including 4,000 in Germany, and close a plant in Antwerp, Belgium
Shiseido to Buy Bare Essentials for $1.7 Bil.
Shiseido Co. said Friday it will buy San Francisco-based Bare Escentuals Inc. for $1.7 billion, a step forward in the Japanese cosmetic giant's plan
Xerox Profits Jump on Cost-Cutting
Xerox Corp. said Thursday that cost-cutting efforts last year helped boost its fourth-quarter profit.
New Jobless Claims Rise Unexpectedly
The number of newly-laid off workers seeking jobless benefits unexpectedly rose last week, as the economy recovers at a slow and uneven pace.
World Bank Fears Economic Dip When Stimulus Ends
The global economy will suffer the fallout from the financial crisis for years to come, the World Bank said Thursday in a report warning
China Growth Jumps to 10.7% for Q4
China's economic growth accelerated to 10.7 percent in the final quarter of 2009, adding to pressure on Beijing to cool inflation pressures
NY Times to Charge for Online Access in 2011
The New York Times plans to charge readers for full access to its Web site next year, reviving an idea that fizzled twice for the ...
Toyota Takes Stake in Argentina Lithium Mining Venture
A key supplier of Toyota Motor Corp. has formed a partnership to mine lithium in Argentina, securing greater access to a metal critical to the ...
U.S. Recession Fed Hiring at Indian Outsourcing Firms
India's top three outsourcing companies are ramping up hiring and increasing pay as global corporations, mainly from the U.S.
World Markets Fall on China Lending Curbs
China's main stock market led global exchanges lower Wednesday as investors fretted about the possibility of further lending curbs
Baidu Sues Register.com for Hacking Attack
China's most popular search engine, Baidu Inc., is accusing its U.S.-based domain name registry of negligence in a lawsuit over a hacking
Phone TV, Wireless Charging Among Hits at Electronics Show
At the International Consumer Electronics Show last week, 3-D television, electronic readers and little laptops captured much of the attention.
Kodak to Get Royalties from Samsung in Licensing Pact
Eastman Kodak Co. said Monday it will draw royalties from South Korea's Samsung Electronics Co. under a licensing pact that gives the companies
Honda CR-Z Adds Sexy Lines, Zip to Hybrid Segment
Honda Motor Co. showed off the production model of the 2011 CR-Z, a sporty two-seater hybrid that will go on sale late summer in the ...
Toyota Plans Tiny Prius, Plug-Ins, Fuel-Cell Cars
Toyota unveiled a new hybrid concept car that is smaller than the Prius and geared toward younger buyers, part of the company's hybrid and alternative-fuel
Walmart Pulls China-Made Jewelry Cited in News
Federal and state watchdogs have issued stern warnings on the use of toxic ingredients in Chinese imports, and Walmart has pulled
Obama Considers Levy on Banks
President Barack Obama is weighing a levy on Washington-rescued banks to help recover shortfalls in a $700 billion bailout fund and to help balance
Alcoa Revenues Slid in Q4 Despite Smaller Loss
Alcoa Reporting a smaller net loss for the fourth quarter Monday, though revenue shrank with no improvmennt in its aerospace, commercial building
Ford Wins Both Car & Truck of the Year Awards
Ford Motor Co.'s market momentum got a lift Monday by winning both the 2010 North American Car and Truck of the Year awards.
JAL Rejects U.S. Cash Bids, to Cut Third of Workforce
Troubled Japan Airlines Corp. is set to cut about 15,600 jobs, a third of its work force, and reject billion-dollar cash offers from Delta and ...
China Export Growth Boosts Global Stocks
World stock markets rose strongly Monday after a surprisingly strong rebound in China's exports reinforced hopes about the pace of the global economic
China's Shanda Games to Buy U.S.'s Mochi Media
Shanda Games Ltd., a Chinese online gaming company, said Tuesday it will acquire U.S.-based Mochi Media Inc., in its latest move
Carmakers Ditch Bunker Mentality for Detroit Show
Electric, hybrid and small cars will grab center stage at the Detroit auto show this week, as the industry adapts to a world reshaped by ...
Google to Settle with China Authors for Pirate Scans
Google Inc. wants to apologize for its poor communication with Chinese authors about scanning their books into its online library and is ready to work ...
JAL to Decline Tieup Offers by Delta, American
Troubled Japan Airlines Corp. and the state-backed corporate turnaround body responsible for the money-losing airline's restructuring
Ford to Show Off New Global Focus, Efficient Structure
In a year that humbled most automakers in America, Ford came out looking smart.
Baidu Shares Drop on Departure of CTO Yinan Li
Shares of Baidu Inc. fell Tuesday after China's leading search engine operator said its chief technology officer has resigned
Marriage Elevates Economic Status of More Men
Historically, marriage was the surest route to financial security for women. Nowadays it's men who are increasingly getting the biggest economic boost
Cadbury Agrees to $18.9 Bil. Kraft Takeover Offer
British candy maker Cadbury PLC on Tuesday accepted and recommended to shareholders Kraft's improved takeover offer worth $18.9 billion
Citigroup Repays TARP Despite $7.6 Bil. Q4 Loss
Citigroup said Tuesday it lost $7.58 billion during the final three months of 2009 as consumers still struggled to repay loans and the bank repaid
Google Cancels China Cell Phone Launch Amid Row
Google on Tuesday postponed the launch of its mobile phone in China, adding to the potential commercial fallout of its dispute with Beijing over Internet
LG Display Profits Jump on Surge in Q4 Sales
LG Display Co. returned to profit in the fourth quarter of 2009 as higher prices helped boost sales after a U.S. price-fixing fine dragged
Singapore Exports Jumped 26% in December
Singapore's exports jumped in December for the second straight month as global demand for the city-state's electronics surged.
Saudi Tycoon Seeks Broader Ties with News Corp
The Saudi billionaire whose investment firm is one of the biggest stakeholders in Rupert Murdoch's News Corp. said he is looking to expand his alliances
Alibaba Calls Yahoo Stand on Google Reckless
China's e-commerce giant Alibaba turned on major shareholder Yahoo Inc. on Saturday, calling the American company's support of Google
L.A. Film Production Fell 19% in 2009
Movie and TV filming on the streets of Los Angeles plummeted last year but a new state tax credit program helped stop some runaway production.
JPMorgan Profits Soar Despite Rising Consumer Loan Losses
JPMorgan Chase & Co.'s profit rose more than four-fold to $3.28 billion in the last three months of 2009, but the results released Friday
China's Mobile Web Population Doubled in 2009
China's population of Internet users, already the world's largest, soared nearly 30 percent last year to 384 million as the number of people surfing the ...
Role As Media Activist Creates Dilemma for Google
Google Inc. is enjoying an avalanche of good will because of its threat to leave China over e-mail hacking attacks against dissidents.
Intel Earnings, Outlook Confirm PC Sector Recovery
Intel's fourth-quarter earnings breezed past Wall Street's expectations, and its rosy profit outlook for 2010 was another sign that a lasting recovery
Foreign Investment in China Doubled in December
Foreign direct investment in China more than doubled in December from a year earlier as companies poured money
Conan, Staff to Exit NBC for $45 Mil.
NBC said Thursday it has reached a $45 million deal with Conan O'Brien for his exit from the "Tonight" show, allowing Jay Leno to return ...
AOL to Buy Web Video Firm for $36.5 Mil.
AOL Inc. said Monday that it is boosting its ability to create Web videos by paying $36.5 million for StudioNow Inc., a Web site that ...
Chrysler Seeks Clear Identities for Dodge, Chrysler
Chrysler sold more than 118,000 Sebring sedans in 2001. Eight years later, the automaker barely sold 27,000 as its bankruptcy filing
Ericsson to Cut 1,500 Jobs After Dismal Q4
Wireless equipment maker LM Ericsson AB on Monday said it will cut another 1,500 jobs this year after reporting a 92 percent drop in fourth-quarter ...
GE Sees Growth Ahead Despite Profits Drop
General Electric Co.'s fourth-quarter net income fell 19 percent, but the industrial bellwether is seeing signs of stability as it moves into a key rebuilding ...
McDonald's Revenues, Profits Jump
More hungry diners gobbling its cheap eats helped McDonald's Corp.'s sales and profit grow in its fourth quarter, the company said Friday in an earnings ...
World Stocks Slump on Obama Bank Speech
World markets fell Friday, led by bank stocks after President Barack Obama proposed a sweeping overhaul of Wall Street to avert future financial crises.
China Declares Crisis Over, Shifts Focus to Inflation
China declared it is over the global crisis and signaled a shift in focus to controlling inflation
Obama Pushes to Limit Proprietary Trading by Big Banks
President Barack Obama stepped up his campaign against Wall Street on Thursday with a far-reaching proposal for tougher regulation of the biggest banks.
GM's Opel to Cut 8,300 Jobs in Europe
General Motor Co.'s Opel unit will cut 8,300 jobs across Europe, including 4,000 in Germany, and close a plant in Antwerp, Belgium
Shiseido to Buy Bare Essentials for $1.7 Bil.
Shiseido Co. said Friday it will buy San Francisco-based Bare Escentuals Inc. for $1.7 billion, a step forward in the Japanese cosmetic giant's plan
Xerox Profits Jump on Cost-Cutting
Xerox Corp. said Thursday that cost-cutting efforts last year helped boost its fourth-quarter profit.
New Jobless Claims Rise Unexpectedly
The number of newly-laid off workers seeking jobless benefits unexpectedly rose last week, as the economy recovers at a slow and uneven pace.
World Bank Fears Economic Dip When Stimulus Ends
The global economy will suffer the fallout from the financial crisis for years to come, the World Bank said Thursday in a report warning
China Growth Jumps to 10.7% for Q4
China's economic growth accelerated to 10.7 percent in the final quarter of 2009, adding to pressure on Beijing to cool inflation pressures
NY Times to Charge for Online Access in 2011
The New York Times plans to charge readers for full access to its Web site next year, reviving an idea that fizzled twice for the ...
Toyota Takes Stake in Argentina Lithium Mining Venture
A key supplier of Toyota Motor Corp. has formed a partnership to mine lithium in Argentina, securing greater access to a metal critical to the ...
U.S. Recession Fed Hiring at Indian Outsourcing Firms
India's top three outsourcing companies are ramping up hiring and increasing pay as global corporations, mainly from the U.S.
World Markets Fall on China Lending Curbs
China's main stock market led global exchanges lower Wednesday as investors fretted about the possibility of further lending curbs
Baidu Sues Register.com for Hacking Attack
China's most popular search engine, Baidu Inc., is accusing its U.S.-based domain name registry of negligence in a lawsuit over a hacking
Phone TV, Wireless Charging Among Hits at Electronics Show
At the International Consumer Electronics Show last week, 3-D television, electronic readers and little laptops captured much of the attention.
Kodak to Get Royalties from Samsung in Licensing Pact
Eastman Kodak Co. said Monday it will draw royalties from South Korea's Samsung Electronics Co. under a licensing pact that gives the companies
Honda CR-Z Adds Sexy Lines, Zip to Hybrid Segment
Honda Motor Co. showed off the production model of the 2011 CR-Z, a sporty two-seater hybrid that will go on sale late summer in the ...
Toyota Plans Tiny Prius, Plug-Ins, Fuel-Cell Cars
Toyota unveiled a new hybrid concept car that is smaller than the Prius and geared toward younger buyers, part of the company's hybrid and alternative-fuel
Walmart Pulls China-Made Jewelry Cited in News
Federal and state watchdogs have issued stern warnings on the use of toxic ingredients in Chinese imports, and Walmart has pulled
Obama Considers Levy on Banks
President Barack Obama is weighing a levy on Washington-rescued banks to help recover shortfalls in a $700 billion bailout fund and to help balance
Alcoa Revenues Slid in Q4 Despite Smaller Loss
Alcoa Reporting a smaller net loss for the fourth quarter Monday, though revenue shrank with no improvmennt in its aerospace, commercial building
Ford Wins Both Car & Truck of the Year Awards
Ford Motor Co.'s market momentum got a lift Monday by winning both the 2010 North American Car and Truck of the Year awards.
JAL Rejects U.S. Cash Bids, to Cut Third of Workforce
Troubled Japan Airlines Corp. is set to cut about 15,600 jobs, a third of its work force, and reject billion-dollar cash offers from Delta and ...
China Export Growth Boosts Global Stocks
World stock markets rose strongly Monday after a surprisingly strong rebound in China's exports reinforced hopes about the pace of the global economic
China's Shanda Games to Buy U.S.'s Mochi Media
Shanda Games Ltd., a Chinese online gaming company, said Tuesday it will acquire U.S.-based Mochi Media Inc., in its latest move
Carmakers Ditch Bunker Mentality for Detroit Show
Electric, hybrid and small cars will grab center stage at the Detroit auto show this week, as the industry adapts to a world reshaped by ...
Google to Settle with China Authors for Pirate Scans
Google Inc. wants to apologize for its poor communication with Chinese authors about scanning their books into its online library and is ready to work ...
JAL to Decline Tieup Offers by Delta, American
Troubled Japan Airlines Corp. and the state-backed corporate turnaround body responsible for the money-losing airline's restructuring
Ford to Show Off New Global Focus, Efficient Structure
In a year that humbled most automakers in America, Ford came out looking smart.
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