Tag: business
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....
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....
In Russia, women celebrated on International Women's Day
Russia makes a big deal out of International Women's Day. Women are celebrated, getting flowers and gifts. It's described as a combination of Mother's Day and Valentine's Day — all rolled into one....
General Motors plans suspension of Chevy Volt production as sales sputter
Later this month, General Motors will temporarily stop production on its plug-in electric hybrid, the Chevy Volt. Sales of the vehicle have been below expectations and rather than start discounting the vehicle, General Motors will try to sell through inventory before restoring production....
Political reforms in Myanmar leave residents looking for economic changes as well
As Myanmar is slowly welcomed back into the international community, and as it makes political reforms that have many in the country feeling free, finally, to speak their mind, locals are wondering when economic reforms will come around....
'Cash Mobs' profit locally owned stores
A new phenomenon, called “Cash Mobs,” is spreading across the country, changing the way people view local businesses. Similar to flash mobs, Cash Mobs organize customers to spend money at struggling locally owned businesses to support their community. ...
Chinese delegation signs huge soybean trade agreement with the U.S.
Chinese Vice President Xi Jinping along with several Chinese leaders visiting Iowa on Feb. 15 agreed to purchase $4.31 billion worth of U.S. soybeans from Iowa farms. China is expected to sign more deals with a total record purchase of 12 million tons of soybeans this year....
Nightlife returns to Ciudad Juarez as drug violence is more contained
In Juarez, Mexico, the once-bustling nightlife had been dead for years as violence erupted in the city. But, in recent months, as police have setup checkpoints and drug violence has stabilized and perhaps even subsided, the nightlife is returning....
China indicates willingness to help Europe with its debt; declines to get specific
As Europe's economy struggles through more bad news — debt downgrades, economic contraction and political unrest — at a meeting in China on Tuesday European leaders were told China would help them with their economic problems. But the promise was backed with few specifics....
In Iowa, China's vice president will reconnect with friends made 30 years ago
As a low-level bureaucrat in 1985, Xi Jinping made a visit to Iowa on an agricultural mission. He's said to have fond memories of his trip. Now he's China's vice president and the most likely next leader for the country, he's heading back to Iowa on a more high-profile mission....
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