Chinese factory worker kills himself over missing iPhone prototype; Apple offers condolencesJuly 22nd, 2009 Chinese worker commits suicide over missing iPhoneGUANGZHOU, China — An employee at a factory that makes iPhones in China killed himself after a prototype went missing, and Apple Inc. responded Wednesday by saying its suppliers are required to treat workers with dignity and respect.
Laptop kills Canadian womanApril 17th, 2009 VANCOUVER - In a freak incident, a young Canadian woman was killed by her laptop during an accident in the Indian-dominated city of Surrey near here, investigation reports said Thursday. According to police, investigation has established that 25-year-old Heather Storey was killed when she was hit by her laptop while driving to work last month.
Xbox game based on Iraq battle angers veteransApril 8th, 2009 LONDON - A video game based on one of the bloodiest battles during the Iraq conflict has been branded 'crass and insensitive' by those affected by the fighting. Six Days In Fallujah, published by Japanese games giant Konami, was developed in collaboration with a handful of Iraq veteran US Marines
It is described as a 'survival horror' title for the Xbox 360 and PlayStation 3 consoles.
CEO pay in US drops with economic meltdownApril 6th, 2009 Even as India-born Sanjay Jha of Motorola took home a staggering $104.4 million pay package, the average compensation for top CEOs in the US dropped for the first time in five years with the economic meltdown. The average compensation for 200 chief executives at America's largest public companies fell 5.1 percent last year to $10.8 million, according to a survey published Sunday by the New York Times and research firm Equilar.
VW, Porsche announce plans for mergerMay 7th, 2009 STUTTGART - Owners of the German sports car maker Porsche announced plans Wednesday for merging with the Volkswagen group into what is to be an 'integrated car concern', the final structure of which still has to be worked out. In a disclosure by the family stakeholders of the Porsche-Holding company which owns the carmaker, the future concern consist of 10 independent brands, including the Porsche brand.
Nokia India agrees to discuss workers' demandsAugust 15th, 2009 CHENNAI - A day after employees staged a sit-in in front of the Nokia India plant here, the management Saturday agreed to discuss their demands, including a higher wage hike than they were offered. A union official said a reconciliatory meeting between employees representatives and company officials ended amicably Saturday and workers would submit a charter of demands next week.
Founding family member takes over Toyota to revive businessJune 23rd, 2009 TOKYO - Akio Toyoda Tuesday was confirmed as president of Toyota Motor Corp at a shareholders' meeting in the central Japanese city of Toyota, the headquarters of the world's leading carmaker. While a record 3,364 shareholders attended the meeting, the 53-year-old member of the founding family took over at a time Toyota has been suffering its first annual losses in more than 70 years of company history.
Sheriff: 9-year-old Miss. boy dies from gunshot after argument with brother over video gameJune 10th, 2009 Miss. boy shot, dies after video game argumentJACKSON, Miss. — An 11-year-old Mississippi boy accidentally killed his 9-year-old brother with a shotgun blast Tuesday as the two struggled over the gun after arguing about a video game, authorities said.
India's Red Chery plans to cross swords with BlackBerryMay 28th, 2009 MADURAI - The little-known maker of Red Chery - a mobile application used for receiving mails from free and corporate e-mail accounts - is dreaming big: eating into a market straddled by BlackBerry of Canada's Research In Motion and other similar service providers. To make this happen, the Rs.15-crore software product company, AJ Square Consultancy, is banking on an aggressive pricing strategy, and hoping to rope in two million (20 lakh) subscribers by this fiscal-end.
Porsche takeover attempt led to debt, departure of CEO and CFOJuly 23rd, 2009 Timeline in Porsche, Volkswagen sagaA look at the timeline beginning with Porsche SE's decision to acquire a majority stake in Volkswagen and, ultimately, leading to Thursday's announcement that chief executive Wendelin Wiedeking stepped down and VW's plan to merge with the sports car maker. September 2005: Porsche announces plans to buy a 20 percent stake in Volkswagen AG.
Citigroup, Nokia, Hovnanian, Family Dollar, Costco are among big market movers ThursdaySeptember 3rd, 2009 Citigroup, Nokia, Hovnanian are big moversNEW YORK — The following stocks were among those that moved substantially or traded heavily Thursday on the New York Stock Exchange:
NYSE:
Citigroup Inc., up 21 cents at $4.77
Shareholders approved a plan to increase the bank's outstanding stock, allowing it to complete a debt swap that will improve cash flow. Nokia Corp., up 61 cents at $13.91
The world's biggest maker of cell phones unveiled new models that boast more music features and mesh better with Facebook.
General Motors to stop making Pontiac Vibe at California plant it shares with ToyotaJune 18th, 2009 GM to end Pontiac Vibe production at Calif. plantDETROIT — The Vibe is the latest Pontiac model to be officially killed by General Motors Corp.
Some video games make kids kinder, not violentJune 18th, 2009 WASHINGTON - Previous research has suggested that playing violent videogames is linked to aggressive behaviour in kids. Now, three new studies have concluded that the other side of the coin also holds true: playing prosocial video games promote friendly behaviour.
Cadillac, Civic and all cars between: When it comes to mpg, I'm buying the hypeSeptember 1st, 2009 When it comes to mpg, I'm buying the 'hype'LOS ANGELES — The crippling success of Cash for Clunkers, the sustained popularity of the Toyota Prius and splashy headlines afforded the 230-mpg Chevy Volt would seem to signal a fuel-efficiency awakening in the United States not seen since the energy crisis of the 1970s. Tell that to the angry-faced guy riding my bumper as I coast up to a red light.
Germany's VW presents plan to merge with Porsche after sports car maker's CEO, CFO dismissedJuly 23rd, 2009 VW plans merger with PorscheSTUTTGART, Germany — The best thing Volkswagen AG can do when it carries through its proposed merger with Porsche is this: Leave Porsche alone and reap the revenue from a glossy brand with loyal, rich customers, analysts say. Having emerged Thursday atop a power struggle among members of the Piech and Porsche families — who control Porsche Autombil Holding SE — and cost Wendelin Wiedeking his job as chief executive, Volkswagen is left to gather the spoils, namely the marquee Porsche name that will soon be counted with Audi, Bentley and Lamborghini, already among its stable of luxury brands.
September 25th, 2009 at 12:18 pm
What price, secrecy?