One of the European telecom giant's biggest shareholders wants to drop its big stake in Verizon Wireless. But that won't go over well with other shareholders who like the U.S. firm. We get the lowdown from Andrew Parker.
A new poll finds that consumers on both sides of the Atlantic feel their lifestyles are threatened by cheap labor in China and India. Well-heeled executives should pay more taxes, too. Stephen Beard reports.
The seemingly everpresent coffee-and-lifestyle retailer is looking to perk up its stale stock numbers with a caffeinated push in Tijuana, the busiest border crossing in the world. Dan Grech reports.
The candy maker says profits over the past three months tumbled 96% compared with last year. The slide comes as Hershey is cooking up ways to fix its milk chocolate business, get into the premium chocolate market, and expand abroad. Jill Barshay reports.
Harley-Davidson, the iconic American motorcycle maker, said today its profits are roaring ahead overseas. But here at home they've slipped into reverse. Why? Stephen Beard takes a look.
Mariane Pearl, the widow of murdered Wall Street Journal reporter Daniel Pearl, has sued Pakistan's biggest bank. The suit, filed in New York, asserts that Habib Bank knowingly funded the terrorists who killed her husband. Ashley Milne-Tyte reports.
Things will be quiet around Japan's auto factories for the next few days. The earthquake earlier this week damaged a major parts supplier, so three of the nation's car makers are shutting down plants. Alisa Roth has more on the economic aftershocks.
China's government has been trying to put the brakes on its booming economy, but officials announced today that 2nd-quarter GDP grew 11.9% and consumer prices rose 4.4% in June. But they also say it's not necessarily overheated growth, points out Muir Dickey.
The U.S. has promised additional food aid to Zimbabwe as the humanitarian crisis there continues, a move that the country's officials are calling a trick to turn the people against them. But they'll still take the help. Gretchen Wilson reports.
There are trends toward improving air pollution in parts of China, says Financial Times reporter Muir Dickey, but the government of the rapidly industrializing nation has given economic growth top billing for the past 20 years… and it shows.
