Tag: business

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Auto China underway in Beijing, points to emergence of dominant China car market

The Chinese auto market was the biggest market in the world last year. More cars were sold there than any year in the United States -- and that number is rocketing upward. With Auto China, also known as the Beijing International Auto Show, underway right now, that global position is on display....
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Immigrant workers, casino owners wage war of words over unionization efforts

Most casino workers in Las Vegas are members of a union -- and by-and-large they speak highly of their union and the benefits it has afforded them. But a smaller group of employees aren't members of a union, and they want what their unionized brethren have. So they're trying to get organized, but the casino owners are pushing back....
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Small Greek community turns to local currency as economy struggles

In Volos, locals have started to use their own barter-based currency, called TEM. It hasn't replaced the euro but lives alongside it, and local residents say they can't imagine how their economy would function without it....
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Gold mine set to open inside national park in Scotland

A Scottish National Park, believed to be home to $300 million worth of gold, will be the home of a new gold mine at some point this year. And while some environmentalists are against the project, most locals are squarely behind it. They say it's a dose of much-needed economic development....
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VIDEO: Google's goggles? Search giant unveils Project Glass effort to mainstream augmented reality

Google's making waves in the tech space with its unveiling of Project Glass, an effort to build augmented reality glasses, voice controlled, that could allow people to get more information about the world they're seeing in front of them....
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Protesters stand vigil outside European Central Bank, critical of treatment of Greece

As Greece tries to recover from the bailouts, the failed economy and the austerity measures, a small group of protesters have gathered outside the European Central Bank in Germany to criticize the measures that bank has insisted on in order for Greece to access the bailout funds it needs....
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British bell manufacturer enjoying rush of fame in advance of Queen's jubilee, Olympics

The Whitechapel Foundry has been making bells for more than four centuries. They've made the bell atop Big Ben, in Westminster Abby and a host of less prominent ones as well. Now, the foundry's employees are enjoying some very high-profile work -- a series of bells for Queen Elizabeth's diamond jubilee and another bell for the Olympics....
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Canada emerging as a nearby energy giant

Canada is emerging as the largest supplier of energy to the United States. It's electricity, natural gas and oil are all being shipped to America, but environmentalists there and here say it's coming with a hefty price tag....
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Apple announces plan for its cash: give it back to shareholders

In what was a highly anticipated announcement, Apple announced that it would be reducing — or at least stemming the growth — in its cash accounts by doing what most investment experts said they would do: issue a regular dividend and buy back shares. Some of Apple's fans had hoped for a big move, like purchasing a company or unveiling some new product....
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Retracted: Apple fans questioning manufacturing already taking important step, critic says

This article was edited to reflect new information about Mike Daisey, the critic who star in The Agony and The Ecstasy of Steve Jobs....
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