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Bits Blog: Uber Service Banned Across Germany by Frankfurt Court
The injunction will stand until the court holds a hearing later this year. Uber said it would continue to operate in Germany despite the threat of criminal charges and fines.
Tue, 02 Sep 2014 16:19:21 GMT
Asian Stocks Fall as ECB Uncertainty Continues to Pummel Euro
The dollar jumped to its highest this year against the yen on Tuesday, lifted by strong U.S. economic data, while the euro slipped to a one-year low on speculation the European Central Bank will move toward looser monetary policy when it meets later this week.
Tue, 02 Sep 2014 15:24:59 GMT
DealBook: Chinese Company?s Shares Suspended on Critical Report
Anonymous Analytics, a faction of the hacking group Anonymous, claimed that Tianhe Chemicals overstated its revenue and profit. Tianhe said it would make an announcement ?in due course.?
Tue, 02 Sep 2014 14:17:16 GMT
DealBook Column: Public Pension Funds Stay Mum on Corporate Expats
Public pension funds have major stakes in American companies moving overseas to cut their tax bills. But they are saying little about the strategy, which could hurt the nation?s tax base.
Tue, 02 Sep 2014 13:08:45 GMT
Plan for Thames Estuary Airport Near London Is Rejected by Panel
Britain?s Airport Commission said the logistical and financial risks of the project were too great and that the city?s future needs could be met by other alternatives.
Tue, 02 Sep 2014 13:01:11 GMT
DealBook: Norwegian Cruise Line to Buy Prestige Cruises for $3 Billion
The deal will bolster Norwegian Cruise Line?s ability to compete in the high-end part of the ocean cruise market by giving it control of Oceania Cruises and Regent Seven Seas Cruises.
Tue, 02 Sep 2014 12:55:37 GMT
DealBook: Telecom Italia Delays Sale of Stake in Argentine Business
The deadline to sell a controlling stake in Telecom Argentina to Fintech Advisory has been extended to Sept. 25 while the companies await regulatory approval.
Tue, 02 Sep 2014 11:41:43 GMT
Hong Kong Newspaper Drops Democracy Advocate?s Column
The columnist?s supporters said The Hong Kong Economic Journal?s decision was a blow to the city?s beleaguered media freedoms, a criticism the newspaper rejected.
Tue, 02 Sep 2014 11:09:53 GMT
Building a Robot With Human Touch
Robots still lack a critical element that will keep them from eclipsing most human capabilities anytime soon: a well-developed sense of touch.
Tue, 02 Sep 2014 04:13:42 GMT
Fast-Food Workers Seeking $15 Wage Plan Civil Disobedience at Strikes
Labor organizers hope to recruit home health care aides to join in protests in 100 cities on Thursday.
Mon, 01 Sep 2014 22:07:18 GMT
Frequent Flier: Roadside Adventures Result in a Book on Business
For Paul Oyer, an economics professor at the Stanford Graduate School of Business, an impromptu road trip led to a multiyear research project.
Mon, 01 Sep 2014 22:02:20 GMT
Itineraries: Upgrades, and Higher Prices, for Airport Hotels
With occupancy rates increasing, many airport hotels are investing in renovations to their rooms, lobbies and meeting space ? and raising their prices.
Mon, 01 Sep 2014 21:46:53 GMT
Inside Europe: After Saving the Euro, Draghi Struggles to Be Heard
Mario Draghi, the head of the European Central Bank, is having a tough time convincing the region?s governments of the urgency of economic overhauls.
Mon, 01 Sep 2014 19:22:56 GMT
Yves Carcelle, Empire Builder at Louis Vuitton, Dies at 66
Mr. Carcelle, who led the Louis Vuitton brand and later ran LVMH?s fashion division, was the main architect of an expansion into Asia and other international markets.
Mon, 01 Sep 2014 18:24:10 GMT
China?s Factories Slowing, Surveys Show
At the same time, surveys of purchasing managers across Asia told a tale of fewer new orders and faltering exports, but with brighter spots like India and Taiwan.
Mon, 01 Sep 2014 16:30:10 GMT
SolarWorld Americas Says Hackers in China Stole Documents
An Oregon-based solar company is proposing that punitive tariffs be imposed on Chinese manufacturers that have benefited from online espionage.
Mon, 01 Sep 2014 16:24:36 GMT
On the Road: Business Fliers on a Budget, and Seats That Don?t Budge
As tensions over cramped conditions flare on planes, seats that do not recline may begin to show a certain appeal.
Mon, 01 Sep 2014 15:47:01 GMT
China Authorizes Local Governments to Issue Bonds
The lifting of a 20-year ban represents a fundamentally different approach to a chronic problem: how to finance projects like roads and bridges without unsustainable levels of debt.
Mon, 01 Sep 2014 13:37:02 GMT
DealBook: Heineken to Sell Mexican Packaging Unit to Crown Holdings
The deal values the container unit Empaque at about $1.2 billion and would make Crown Holdings the second-largest beverage can producer in North America.
Mon, 01 Sep 2014 13:07:36 GMT
DealBook: Fund Manager Neil Woodford Sells HSBC Stake on Risk of Fines
In a blog post, Mr. Woodford, formerly of Invesco, said he was concerned about the ?unquantifiable? fines HSBC could face in continuing investigations by regulators.
Mon, 01 Sep 2014 11:38:21 GMT
DealBook: Barclays Sells Some Spanish Assets to CaixaBank
The sale represents the latest development in Barclays? plan to streamline itself by selling noncore businesses.
Mon, 01 Sep 2014 10:56:11 GMT
NATO Set to Ratify Pledge on Joint Defense in Case of Major Cyberattack
For the first time, a cyberattack on any of the 28 NATO nations could be declared an attack on all of them, much like a ground invasion or an airborne bombing.
Mon, 01 Sep 2014 10:56:02 GMT
China Gives Microsoft 20 Days to Respond About Verification Codes
A Chinese anti-trust regulator said on Monday it has given Microsoft Corp 20 days to reply to queries on the compatibility of its Windows operating system and Office software suite amid a probe into the world?s largest software company.
Mon, 01 Sep 2014 10:03:58 GMT
More Workers Are Claiming ?Wage Theft?
A flood of recent lawsuits and government enforcement actions accuse employers across the country of violating laws regulating employee pay.
Mon, 01 Sep 2014 09:01:27 GMT
Euro Zone Factory Growth Slowed in August
Manufacturing growth slowed slightly more than initially thought as factories suffered amid rising tensions in Ukraine, a business survey showed.
Mon, 01 Sep 2014 08:09:57 GMT
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