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Articles
Protests Prompt L'Oreal to Suspend Travel to Hong Kong
Protests Prompt L'Oreal to Suspend Travel to Hong Kong
L'Oreal is suspending all business travel to Hong Kong due to street demonstrations that have paralyzed parts of the city.
Dow Chemical Hit with $1.1 Billion Fine
Dow Chemical Hit with $1.1 Billion Fine
Dow sharply criticized the judgment, saying the matter was "thoroughly investigated" by the Justice Department and did not result in U.S. charges.
Japanese Stock Price
Is the Japanese Economy in Recovery?
Industrial production shrank 1.5% month-on-month in August after rising 0.4% in July.
After Profit, Production Loss Hyundai Reaches Wage Deal with Union
After Profit, Production Loss Hyundai Reaches Wage Deal with Union
The agreement also included bonuses and incentives totaling $8,400 plus payments equivalent to 4 1/2 months' salary and a rise in basic salaries.
toyota logo
New Toyota Recall: Suspension Flaw Fuels Fire Risk
It is the third safety recall issued by Toyota USA this month, bringing the total to 840,000 vehicles.
US Consumer Spending, Income Pick up in August
Personal income increased 0.3%, a tenth point more than July's slowest growth of the year. Wages and salaries gained 0.4%, double the July rise.
Canada's Encana to Buy Texas Oil Company for $7.1 Billion
Canada's Encana to Buy Texas Oil Company for $7.1 Billion

MONTREAL -- Canadian energy company Encana  (IW 1000/673) on Monday said it has agreed to buy Texas's Athlon Energy for $7.1 billion, in a bid boost the Calgary-based natural gas producer's shift into oil.

Encana would pay $5.93 billion in cash for the company, as well as assume $1.15 billion of Athlon's debt.

The proposed price, $58.50 a share, is 25% higher than Athlon's Friday closing price on the New York Stock Exchange of $46.73.

F
US Economy Grew at Fastest Pace Since 2011 in Q2

WASHINGTON --- The economy grew more strongly than previously estimated in the second quarter, clocking the fastest pace since late 2011, the Commerce Department reported Friday.

Gross domestic product surged at annual rate of 4.6%, the department said, revising the previous 4.2% estimate.

The revision matched economists' expectations as data shows the economy built momentum in a rebound from the first quarter's 2.1% contraction, when severe winter weather battered the economy.

Daimler Must Use Environmentally Responsible Car Coolant or Face EU Court
Daimler Must Use Environmentally Responsible Car Coolant or Face EU Court
Since last year, EU norms demand that car makers use a refrigerant called R1234yf on the grounds that it produces far less greenhouse gases than older coolants.
Chrysler Recalls 350,000 Cars for Ignition-switch Flaw
Chrysler Recalls 350,000 Cars for Ignition-switch Flaw
Chrysler's safety recall affects 349,442 model-year 2008 cars, made before May 12, 2008. Most of them, 292,224, were in the United States. Chrysler said the recall covers Dodge Charger sedans, Dodge Magnum station wagons, Chrysler 300 sedans, and Jeep Commander and Jeep Grand Cherokee sport-utility vehicles.
India Promises Investors More Red Carpet, Less Red Tape
India's business-friendly new leader wants to revive his country's flagging economic fortunes by kick-starting a manufacturing sector long eclipsed by that of neighboring China.
US Durable Goods Orders Dive on Swing in Boeing Orders

WASHINGTON - US durable goods orders were dragged down by volatile aircraft orders in August after an extra-strong July, but the overall growth trend remained strong, data showed Thursday.

Dancing Robots
Robot Cheerleaders Dance in the Future of Driverless Cars
Murata Manufacturing rolled out a synchronized swarm of dancing robots to highlight the latest advances in sensor technology that could one day help make self-driving cars a reality.
US Auditor Blasts Executive Pay at Bailed-out GM, Ally
US Auditor Blasts Executive Pay at Bailed-out GM, Ally 1
Christy Romero, head of the Special Inspector General for the Troubled Asset Relief Program, accused the Treasury of permitting much higher pay for General Motors and Ally executives even though neither company was repaying the money from the TARP program used to bail them out five years ago.
Turning Climate Summit Words into Action
Turning Climate Summit Words into Action
The UN is seeking to limit global warming to two degrees Celsius (3.6 degrees Fahrenheit) over pre-Industrial Revolution levels -- but scientists say on current trends, the global average could reach twice that.
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