Privacy Measure Draws Support Posted: 16 Mar 2011 06:06 PM PDT Sen. John Kerry, a senior Democrat, and tech giant Microsoft backed the Obama administration's call for broad privacy legislation at a Senate hearing that also exposed hurdles to passing such a law. |
Nikkei Falls in Thursday Trading Posted: 16 Mar 2011 09:25 PM PDT Japanese stocks ended morning trading down 2.1% after rebounding on Wednesday from a two-day selloff, and other Asian markets were also lower. |
Drug Prices Rise Despite Calls for Cuts Posted: 16 Mar 2011 07:21 PM PDT Even as government and private health plans push to restrain spending on medicines, the prices of brand name prescriptions are climbing rapidly, reaching the steepest rate of the decade last year. |
Retailers Push Amazon on Taxes Posted: 16 Mar 2011 08:58 PM PDT Wal-Mart, Target and other large retailers are ratcheting up a political campaign to force Amazon to collect sales taxes, sensing opportunity in the budget crises gripping statehouses nationwide. |
Former Enforcer Sees Looming Fights Posted: 16 Mar 2011 09:07 PM PDT Mark Mendelsohn, who for six years was the Justice Department's enforcer of the Foreign Corrupt Practices Act outlawing overseas corporate bribery, discusses how the global fight will be waged in the future. |
Tab Nears $9 Billion For Bank Failures Posted: 16 Mar 2011 08:35 PM PDT U.S. banking regulators have paid out nearly $9 billion to cover losses on loans and other assets at 165 failed institutions that were sold to stronger companies during the financial crisis. Payments so far have been smaller than FDIC officials anticipated. |
A Long, Painful Reckoning Posted: 16 Mar 2011 09:20 PM PDT The number of dead and missing after Japan's twin earthquake and tsunami stood, officially, at 12,920. But the toll of last week's disaster is likely much higher, as towns like Otsuchi and Onagawa show. |
Uranium Prices Hit Hard by Crisis in Japan Posted: 16 Mar 2011 04:48 PM PDT Prices for uranium tumbled on the spot market on fears that the crisis will hurt long-term demand for nuclear power. |
Renault's Swiss Connection Posted: 16 Mar 2011 04:07 PM PDT A Renault security agent under investigation for his role in an industrial espionage case had money in a Swiss bank account, his lawyer said, adding that the money was intended to pay an informant. |
Diet Coke Beats Pepsi Posted: 16 Mar 2011 08:34 PM PDT U.S. sales of Diet Coke overtook those of Pepsi-Cola for the first time in 2010, making the diet soda the No. 2 carbonated soft drink in the country behind Coca-Cola. |
Investor Criticizes 'Shadow' Market Posted: 16 Mar 2011 04:19 PM PDT Venture capitalist Ben Horowitz criticized the unregulated "shadow market" that has fueled trading in shares of technology start-ups like Facebook and Twitter before they go public. |
J&J CEO's Total Pay Falls 7% Posted: 16 Mar 2011 03:30 PM PDT The value of J&J CEO William Weldon's compensation for 2010 dropped 7% from 2009, as his performance bonus was reduced to reflect a series of product recalls and a decline in overall sales. |
Eni CEO Says Libya Ties Aren't Impaired Posted: 16 Mar 2011 09:07 PM PDT Eni's ties with Libya haven't been compromised as a result of the turmoil there, the Italian oil company's chief executive said. |
ARM's Phone Chips Pressure Intel Posted: 16 Mar 2011 03:59 PM PDT ARM Holdings, a British microprocessor firm whose designs are popular in cellphones and tablets, is upending the chip business, posing perhaps the most nettlesome challenge yet to giant Intel. |
Galleon Defense Continues to Poke at Star Witness Posted: 16 Mar 2011 09:26 PM PDT A lawyer for Galleon Group founder Raj Rajaratnam attempted to raise doubts about the testimony of former McKinsey consultant Anil Kumar in his second day of cross-examination. |
Official's Warning Toned Down Posted: 16 Mar 2011 12:32 PM PDT The European Union's energy chief said catastrophic events in Japan can't be excluded in the hours ahead, but his spokeswoman later said the commissioner didn't have any privileged information and that his remarks were aimed at describing how he personally sees the situation in the country. |
Emperor Urges Japanese to Remain Strong Posted: 16 Mar 2011 12:10 PM PDT Japan's rarely seen emperor urged the stricken country not to give up and said he was "deeply concerned" about the unfolding nuclear crisis in an unprecedented video address. |
Yen Surges vs. Dollar Posted: 16 Mar 2011 12:28 PM PDT The yen surged to its highest level against the dollar in nearly 16 years, as Japan's continuing nuclear crisis prompted more yen demand by Japanese firms sending money back home. |
Life Among the Ruins Posted: 16 Mar 2011 03:15 PM PDT Ishinomaki's Sakanamachi neighborhood, once a long line of small sea-facing factories and warehouses, is now a mangled pile of steel, boats, nets and rotting fish—and a window into the broader problems Japan will face in rebuilding. |
Tokyo Takes Bigger Role at Plant Posted: 16 Mar 2011 10:16 AM PDT The Japanese government is taking an increasing role in efforts to contain the country's unfolding nuclear crisis amid growing tensions between the administration of Prime Minister Naoto Kan and plant operator Tokyo Electric Power Co. |