Intel Buys Infineon's Wireless Unit for $1.4 Bil.
Intel Corp. is buying the wireless communications unit of Germany's Infineon Technologies AG for $1.4 billion in cash, the second deal
Business
China Seeks Global Talent for Top Posts in State Firms
China announced plans to fill 20 top posts at some of its largest state-owned enterprises (SOEs), according to a notice on its State-owned Assets
China Leads World in Top Global Selling Products
China led the world in global top-selling products with 1,210 items in 2008, according to a Korea International Trade Association analysis
Korean Tablets Debut Ahead of iPad Launch
Korean companies aren't waiting for Apple's iPad launch to debut tablets aimed at people who want the mobility of smart phones but with touch-screens
Eurozone Confidence Rises Again in August
Economic confidence in the 16 countries that use the euro rose to its highest level in nearly two-and-a-half years during August
Asia Stocks Lead World Markets in New Rally
Japanese stocks led the way in world markets Monday after the country's central bank eased monetary policy again in its latest attempt
World's Airlines Returned to Profit in Q2
The International Air Transport Association says 47 major carriers it monitors to assess the industry's financial health reported a net profit
Asia Expects Robust Growth Despite Slowdown in West
Talk of the global economic recovery fizzling doesn't faze Cho Byung-cheol, president of a small South Korean technology company that has already
Prices Slashed on Unsold L.A. Architectural Gems
The home sale slump has left some dwellings designed by Frank Lloyd Wright and other architectural luminaries languishing on the Southern California
Intel Trims Q3 Forecast on Weakening PC Demand
Chip-maker Intel Corp. is cutting its sales forecast for the quarter, adding fresh evidence that a rickety economy is putting a damper
HP Tops Dell with $1.9 Bil. Offer for 3Par
3Par Inc. said Friday it has accepted computer maker Dell Inc.'s new offer of $1.8 billion which matches a bid for the data storage provider
Tiffany Profits Jump 19% on Global Growth
Tiffany & Co.'s second-quarter net income rose by 19 percent as the luxury jeweler's revenue rose as shoppers bought more of its products
Boeing Announces More Delay in 787 Delivery
Boeing Co. said Friday it now expects to deliver its first new 787 jetliner in the middle of first quarter 2011, the second such delay
China Auto Sales Jump 55.7% in August
Auto sales in China, the world's biggest car market, rebounded in August as subsidies for energy-efficient vehicles and a stronger currency
German Court Rules Against YouTube in Copyright Case
A German court ruled Friday that Google Inc.'s subsidiary YouTube LLC must pay compensation after users uploaded several videos
Texas Probes Google for Search Ranking Procedure
Google Inc.'s methods for recommending websites are being reviewed by Texas' attorney general in an investigation spurred by complaints
Stocks Continue Rally on Upbeat Jobs Data
Stocks pushed higher Friday after a relatively upbeat U.S. jobs report for August eased concerns about the pace of the economic recovery
More Jobs Were Created This Summer Than Thought
Private employers hired more workers over the past three months than first thought, lifting hopes for the weak economy ahead of the Labor Day weekend.
HP Outlasts Dell in Bidding War Over 3Par
Dell Inc. is walking away from a bidding contest with rival Hewlett-Packard Co. for data-storage maker 3Par Inc.
Asian Stocks Keep Rising Ahead of U.S. Jobs Data
Most Asian stock markets climbed Friday as investors took heart from improving U.S. housing and jobs data amid lingering worries over the pace
Cognac Maker Posts Profit Growth on Asia Demand
Pernod Ricard SA said Thursday that demand for Martell cognac in China and Chivas Regal scotch in Latin America helped lift full-year net profit by ...
Costco August Sales Rise 7% on Overseas Growth
Costco Wholesale Corp. said Thursday that revenue at stores open at least a year increased 7 percent in August, buoyed by higher gas prices
Delta Posts 30% Revenue Growth in Asia
Delta is upbeat about its business in Japan as new routes and the surging yen boost travel and help along the recovery in the industry
Sony Ericsson Slips in Tough Smart Phone Market
Mobile phone maker Sony Ericsson on Friday reported a third consecutive net profit in the third quarter, mainly thanks to success
Apple Unveils Box for Streaming Movies, TV Shows
Apple Inc. is refining its plans to annex the living room into its entertainment empire.
U.S. Manufacturing Expands for 13th Straight Month
U.S. manufacturing expanded in August for the 13th straight month, lifting hopes that economic growth won't stall.
China Manufacturing, Car Sales Rebound in August
Chinese manufacturing and auto sales rebounded in August, suggesting the world's second-biggest economy may not be slowing as quickly as feared.
More Spent on Kids, Less on Moms in August
Not even skinny jeans for $20 are pulling Americans into stores. Nervous about jobs and an unraveling economy, shoppers spent — at best
U.S. Stock Futures Surge on China Factory Growth
Stock futures are surging after upbeat signs of growth in China and Australia lessened worries about a global economic slowdown.
Asian Stocks Up on Strong China, Australia Data
Asian stock markets rose Wednesday, rebounding from losses as Australia's economic growth accelerated and Chinese manufacturing
New Blackberry App Allows Sports Betting in Nevada
Getting money down on your favorite sports team is getting a little easier in Nevada with the first-ever legal wagering application for smart phones.
Exelon Buys Deere Wind Farm As Energy Industry Consolidates
Energy company Exelon Corp. said Tuesday it will pay $900 million for the wind energy assets of manufacturer Deere & Co., potentially signaling
JPMorgan to Shut Down Proprietary Trading
JPMorgan Chase & Co. is shutting down its proprietary trading desks and eliminating around 80 jobs to comply with new restrictions on investment banks
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.
Subway Leads China Fast-Food Growth
Subway taps into the growth in China's urban office workers seeking a fast, healthy lunch.
Sales Surge for China's Top Developers
China's top 10 real estate developers boosted first-half sales 80 percent over last year to a total of 332.3 billion yuan...
Seoul Sees Boom in Conversions to Business Hotels
Six buildings in Seoul's Myeong-dong shopping and entertainment district are being converted into business hotels...
Chinese Take to Open Road in RVs
China is poised for growth in the adoption of recreational vehicles as more of China's drivers discover...
Kan Cao Reverses Rapid Aging
Kan Cao's study on an accelerated aging disease may lead to new ways to slow normal aging.
Rick Ham Greens Cities with Induction Lighting
Rick Ham has built his family's US Lighting Tech into a world leader in induction lighting.
China to Boost Minimum Wage 13% Per Year
China hopes to offset the impact of inflation and cut the income gap by doubling the minimum wage by 2015.
China, Germany Aim to Double Trade by 2015
China and Germany, the world's biggest exporters, have set a goal of doubling trade by 2015.
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...
S. Korea Trade Volume to Pass $1 Trillion
S. Korea is on track to become a top-five trading nation by the end of 2011.
China Inflation Expected to Subside in 2nd Half
China's inflation rate will fall in the second half of the year thanks to higher pork and grain production, said a domestic economist Saturday.
Asia Passes Europe in Number of Millionaires
Asia and the Pacific have passed Europe in the number of people worth more than $1 million excluding their homes.
Japan Carmakers Suffer Market Share Loss
Japan's carmakers face challenges despite a faster-than-expected recovery of production capacity.
Pororo Cartoon May Be Hit by U.S. Anti-N. Korea Ban
Pororo the Little Penguin may run afoul of U.S. sanctions against North Korea...
Foreign Banks Expect China Revenues to Surge
The 127 foreign banks operating in China have a miniscule market share but see big growth opportunities ahead.
Intel Buys Infineon's Wireless Unit for $1.4 Bil.
Intel Corp. is buying the wireless communications unit of Germany's Infineon Technologies AG for $1.4 billion in cash, the second deal
China Seeks Global Talent for Top Posts in State Firms
China announced plans to fill 20 top posts at some of its largest state-owned enterprises (SOEs), according to a notice on its State-owned Assets
China Leads World in Top Global Selling Products
China led the world in global top-selling products with 1,210 items in 2008, according to a Korea International Trade Association analysis
Korean Tablets Debut Ahead of iPad Launch
Korean companies aren't waiting for Apple's iPad launch to debut tablets aimed at people who want the mobility of smart phones but with touch-screens
Eurozone Confidence Rises Again in August
Economic confidence in the 16 countries that use the euro rose to its highest level in nearly two-and-a-half years during August
Asia Stocks Lead World Markets in New Rally
Japanese stocks led the way in world markets Monday after the country's central bank eased monetary policy again in its latest attempt
World's Airlines Returned to Profit in Q2
The International Air Transport Association says 47 major carriers it monitors to assess the industry's financial health reported a net profit
Asia Expects Robust Growth Despite Slowdown in West
Talk of the global economic recovery fizzling doesn't faze Cho Byung-cheol, president of a small South Korean technology company that has already
Prices Slashed on Unsold L.A. Architectural Gems
The home sale slump has left some dwellings designed by Frank Lloyd Wright and other architectural luminaries languishing on the Southern California
Intel Trims Q3 Forecast on Weakening PC Demand
Chip-maker Intel Corp. is cutting its sales forecast for the quarter, adding fresh evidence that a rickety economy is putting a damper
HP Tops Dell with $1.9 Bil. Offer for 3Par
3Par Inc. said Friday it has accepted computer maker Dell Inc.'s new offer of $1.8 billion which matches a bid for the data storage provider
Tiffany Profits Jump 19% on Global Growth
Tiffany & Co.'s second-quarter net income rose by 19 percent as the luxury jeweler's revenue rose as shoppers bought more of its products
Boeing Announces More Delay in 787 Delivery
Boeing Co. said Friday it now expects to deliver its first new 787 jetliner in the middle of first quarter 2011, the second such delay
China Auto Sales Jump 55.7% in August
Auto sales in China, the world's biggest car market, rebounded in August as subsidies for energy-efficient vehicles and a stronger currency
German Court Rules Against YouTube in Copyright Case
A German court ruled Friday that Google Inc.'s subsidiary YouTube LLC must pay compensation after users uploaded several videos
Texas Probes Google for Search Ranking Procedure
Google Inc.'s methods for recommending websites are being reviewed by Texas' attorney general in an investigation spurred by complaints
Stocks Continue Rally on Upbeat Jobs Data
Stocks pushed higher Friday after a relatively upbeat U.S. jobs report for August eased concerns about the pace of the economic recovery
More Jobs Were Created This Summer Than Thought
Private employers hired more workers over the past three months than first thought, lifting hopes for the weak economy ahead of the Labor Day weekend.
HP Outlasts Dell in Bidding War Over 3Par
Dell Inc. is walking away from a bidding contest with rival Hewlett-Packard Co. for data-storage maker 3Par Inc.
Asian Stocks Keep Rising Ahead of U.S. Jobs Data
Most Asian stock markets climbed Friday as investors took heart from improving U.S. housing and jobs data amid lingering worries over the pace
Cognac Maker Posts Profit Growth on Asia Demand
Pernod Ricard SA said Thursday that demand for Martell cognac in China and Chivas Regal scotch in Latin America helped lift full-year net profit by ...
Costco August Sales Rise 7% on Overseas Growth
Costco Wholesale Corp. said Thursday that revenue at stores open at least a year increased 7 percent in August, buoyed by higher gas prices
Delta Posts 30% Revenue Growth in Asia
Delta is upbeat about its business in Japan as new routes and the surging yen boost travel and help along the recovery in the industry
Sony Ericsson Slips in Tough Smart Phone Market
Mobile phone maker Sony Ericsson on Friday reported a third consecutive net profit in the third quarter, mainly thanks to success
Apple Unveils Box for Streaming Movies, TV Shows
Apple Inc. is refining its plans to annex the living room into its entertainment empire.
U.S. Manufacturing Expands for 13th Straight Month
U.S. manufacturing expanded in August for the 13th straight month, lifting hopes that economic growth won't stall.
China Manufacturing, Car Sales Rebound in August
Chinese manufacturing and auto sales rebounded in August, suggesting the world's second-biggest economy may not be slowing as quickly as feared.
More Spent on Kids, Less on Moms in August
Not even skinny jeans for $20 are pulling Americans into stores. Nervous about jobs and an unraveling economy, shoppers spent — at best
U.S. Stock Futures Surge on China Factory Growth
Stock futures are surging after upbeat signs of growth in China and Australia lessened worries about a global economic slowdown.
Asian Stocks Up on Strong China, Australia Data
Asian stock markets rose Wednesday, rebounding from losses as Australia's economic growth accelerated and Chinese manufacturing
New Blackberry App Allows Sports Betting in Nevada
Getting money down on your favorite sports team is getting a little easier in Nevada with the first-ever legal wagering application for smart phones.
Exelon Buys Deere Wind Farm As Energy Industry Consolidates
Energy company Exelon Corp. said Tuesday it will pay $900 million for the wind energy assets of manufacturer Deere & Co., potentially signaling
JPMorgan to Shut Down Proprietary Trading
JPMorgan Chase & Co. is shutting down its proprietary trading desks and eliminating around 80 jobs to comply with new restrictions on investment banks
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.
Subway Leads China Fast-Food Growth
Subway taps into the growth in China's urban office workers seeking a fast, healthy lunch.
Sales Surge for China's Top Developers
China's top 10 real estate developers boosted first-half sales 80 percent over last year to a total of 332.3 billion yuan...
Seoul Sees Boom in Conversions to Business Hotels
Six buildings in Seoul's Myeong-dong shopping and entertainment district are being converted into business hotels...
Chinese Take to Open Road in RVs
China is poised for growth in the adoption of recreational vehicles as more of China's drivers discover...
Kan Cao Reverses Rapid Aging
Kan Cao's study on an accelerated aging disease may lead to new ways to slow normal aging.
Rick Ham Greens Cities with Induction Lighting
Rick Ham has built his family's US Lighting Tech into a world leader in induction lighting.
China to Boost Minimum Wage 13% Per Year
China hopes to offset the impact of inflation and cut the income gap by doubling the minimum wage by 2015.
China, Germany Aim to Double Trade by 2015
China and Germany, the world's biggest exporters, have set a goal of doubling trade by 2015.
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...
S. Korea Trade Volume to Pass $1 Trillion
S. Korea is on track to become a top-five trading nation by the end of 2011.
China Inflation Expected to Subside in 2nd Half
China's inflation rate will fall in the second half of the year thanks to higher pork and grain production, said a domestic economist Saturday.
Asia Passes Europe in Number of Millionaires
Asia and the Pacific have passed Europe in the number of people worth more than $1 million excluding their homes.
Japan Carmakers Suffer Market Share Loss
Japan's carmakers face challenges despite a faster-than-expected recovery of production capacity.
Pororo Cartoon May Be Hit by U.S. Anti-N. Korea Ban
Pororo the Little Penguin may run afoul of U.S. sanctions against North Korea...
Foreign Banks Expect China Revenues to Surge
The 127 foreign banks operating in China have a miniscule market share but see big growth opportunities ahead.
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